Jennison Associates Portfolio holdings
Jennison Associates, founded in 1969 and headquartered in New York City, is a global investment management firm managing over $194 billion in assets as of late 2024, specializing in active equity and fixed-income strategies. A subsidiary of PGIM, the asset management arm of Prudential Financial, Jennison serves a diverse client base—including institutions, sub-advisory clients, public plans, endowments, and corporations—with a focus on fundamental research, bottom-up portfolio construction, and high-conviction investing. Known for its equity expertise across styles, geographies, and market capitalizations, as well as investment-grade fixed-income offerings, the firm employs seasoned portfolio managers averaging 29 years of industry experience and 16 years with Jennison. With additional offices in Boston and a culture emphasizing intellectual rigor and long-term client outcomes, Jennison has built a reputation for excellence and stability in the investment management industry.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
RingCentral
RNG
|
+$588M |
| 2 |
Teladoc Health
TDOC
|
+$564M |
| 3 |
Atlassian
TEAM
|
+$519M |
| 4 |
Spotify
SPOT
|
+$511M |
| 5 |
CrowdStrike
CRWD
|
+$510M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alibaba
BABA
|
+$1.05B |
| 2 |
Salesforce
CRM
|
+$664M |
| 3 |
Corpay
CPAY
|
+$411M |
| 4 |
Microsoft
MSFT
|
+$404M |
| 5 |
Broadcom
AVGO
|
+$385M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 32.48% |
| 2 | Consumer Discretionary | 20.25% |
| 3 | Communication Services | 13.08% |
| 4 | Healthcare | 12.66% |
| 5 | Financials | 10.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
451
Dell
DELL
$305B
| $2.86M | ﹤0.01% |
102,716
+42,236
| +70% | +$949K |
|
452
KB Home
KBH
$3.54B
| $2.85M | ﹤0.01% |
93,043
+57,619
| +163% | +$1.59M |
|
453
Bio-Rad Laboratories Class A
BIO
$8.91B
| $2.82M | ﹤0.01% |
6,244
+4,329
| +226% | +$1.91M |
|
454
KLA
KLAC
$255B
| $2.79M | ﹤0.01% |
143,620
+107,740
| +300% | +$1.84M |
|
|
REGI
455
DELISTED
Renewable Energy Group, Inc.
REGI
| $2.74M | ﹤0.01% |
+110,458
| New | +$2.8M |
|
456
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$4.99B
| $2.73M | ﹤0.01% |
96,019
+34
| +0% | +$929 |
|
|
TCP
457
DELISTED
TC Pipelines LP
TCP
| $2.68M | ﹤0.01% |
+86,409
| New | +$2.84M |
|
458
Bilibili
BILI
$7.94B
| $2.59M | ﹤0.01% |
+55,829
| New | +$1.81M |
|
459
Honeywell
HON
$78.9B
| $2.42M | ﹤0.01% |
17,764
+7,105
| +67% | +$940K |
|
460
Kirby Corp
KEX
$7.06B
| $2.31M | ﹤0.01% |
43,063
+41
| +0.1% | +$2.1K |
|
461
Aramark
ARMK
$14.8B
| $2.3M | ﹤0.01% |
141,148
| – | – |
|
462
Cintas
CTAS
$81.5B
| $2.29M | ﹤0.01% |
34,332
-234,164
| -87% | -$13.5M |
|
463
Nexstar Media Group
NXST
$5.93B
| $2.19M | ﹤0.01% |
+26,180
| New | +$1.97M |
|
464
Coca-Cola
KO
$372B
| $2.18M | ﹤0.01% |
+48,800
| New | +$2.25M |
|
|
NARI
465
DELISTED
Inari Medical, Inc. Common Stock
NARI
| $2.17M | ﹤0.01% |
+44,733
| New | +$2.14M |
|
|
ARYAW
466
DELISTED
ARYA Sciences Acquisiton Corp. Warrant
ARYAW
| $2.08M | ﹤0.01% |
+386,035
| New | +$1.26M |
|
467
QuidelOrtho
QDEL
$1.18B
| $2.08M | ﹤0.01% |
9,291
+3,764
| +68% | +$590K |
|
468
JD.com
JD
$44.4B
| $1.96M | ﹤0.01% |
32,613
-8,981
| -22% | -$455K |
|
469
Jack Henry & Associates
JKHY
$11.1B
| $1.83M | ﹤0.01% |
+9,952
| New | +$1.73M |
|
470
Johnson & Johnson
JNJ
$612B
| $1.81M | ﹤0.01% |
12,883
+4,635
| +56% | +$675K |
|
471
Power Integrations
POWI
$3.58B
| $1.79M | ﹤0.01% |
+30,350
| New | +$1.6M |
|
|
SCU
472
DELISTED
Sculptor Capital Management, Inc. Class A Common Stock
SCU
| $1.79M | ﹤0.01% |
138,691
-125,881
| -48% | -$1.61M |
|
|
PDCE
473
DELISTED
PDC Energy, Inc.
PDCE
| $1.78M | ﹤0.01% |
+143,477
| New | +$1.72M |
|
474
LXP Industrial Trust
LXP
$3.57B
| $1.78M | ﹤0.01% |
33,690
+10,415
| +45% | +$525K |
|
475
Builders FirstSource
BLDR
$8.06B
| $1.77M | ﹤0.01% |
85,443
+39,334
| +85% | +$711K |
|
Similar funds
Jennison Associates's Q2 2020 Portfolio in Review
As of Q2 2020, Jennison Associates held 732 positions worth $111B, up 34% from $82.3B the previous quarter. Its ten largest holdings account for 39% of the portfolio.
Jennison Associates's Q2 2020 filing shows 114 new, 259 increased, 235 reduced and 112 closed positions. Its largest new stake was Spotify: 2,981,887 shares worth $770M. The largest sale was Alibaba, an estimated $1.05B.
By sector, the portfolio is most concentrated in Technology at 32% of assets, up from 31% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q2 2020 buy was Spotify: 2,981,887 shares worth $770M.
- Jennison Associates added most to RingCentral in Q2 2020, an estimated $588M increase.
- Jennison Associates's biggest Q2 2020 reduction was Alibaba, cutting an estimated $1.05B.
- Jennison Associates fully exited Marriott International in Q2 2020, selling an estimated $165M.
- Jennison Associates's ten largest holdings make up 39% of its $111B portfolio in Q2 2020.
- Jennison Associates opened 114 new positions and closed 112 in Q2 2020.
- Jennison Associates's portfolio value rose 34% quarter-over-quarter to $111B.
Based on Jennison Associates's 13F filing for Q2 2020, filed 6 Aug 2020.