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 |
Match Group
MTCH
|
+$1.51B |
| 2 |
Peloton Interactive
PTON
|
+$792M |
| 3 |
Twilio
TWLO
|
+$558M |
| 4 |
Teladoc Health
TDOC
|
+$484M |
| 5 |
Visa
V
|
+$365M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alibaba
BABA
|
+$1.24B |
| 2 |
BioMarin Pharmaceuticals
BMRN
|
+$702M |
| 3 |
Microsoft
MSFT
|
+$688M |
| 4 |
Mastercard
MA
|
+$665M |
| 5 |
Boeing
BA
|
+$548M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 33.06% |
| 2 | Consumer Discretionary | 23.86% |
| 3 | Communication Services | 13.34% |
| 4 | Healthcare | 10.36% |
| 5 | Financials | 9.73% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
451
Legend Biotech
LEGN
$3.73B
| $4.18M | ﹤0.01% |
135,357
+357
| +0.3% | +$12K |
|
452
SLB Ltd
SLB
$76.5B
| $4.06M | ﹤0.01% |
261,006
-655
| -0.3% | -$12.2K |
|
453
ASML
ASML
$655B
| $4.03M | ﹤0.01% |
10,903
-20,047
| -65% | -$7.49M |
|
454
Valero Energy
VLO
$87.2B
| $3.88M | ﹤0.01% |
89,584
-157
| -0.2% | -$8.22K |
|
455
Oric Pharmaceuticals
ORIC
$1.34B
| $3.77M | ﹤0.01% |
150,601
+543
| +0.4% | +$12.9K |
|
|
CELL
456
DELISTED
PhenomeX Inc. Common Stock
CELL
| $3.61M | ﹤0.01% |
+47,329
| New | +$3.01M |
|
457
State Street SPDR S&P Metals & Mining ETF
XME
$4.22B
| $3.47M | ﹤0.01% |
149,405
-9,839
| -6% | -$233K |
|
458
KB Home
KBH
$3.49B
| $3.46M | ﹤0.01% |
90,246
-2,797
| -3% | -$97.8K |
|
459
Brighthouse Financial
BHF
$3.57B
| $3.31M | ﹤0.01% |
123,003
-307,337
| -71% | -$8.93M |
|
|
THR
460
DELISTED
Thermon Group Holdings
THR
| $3.16M | ﹤0.01% |
281,154
+5,710
| +2% | +$75.6K |
|
461
Dell
DELL
$283B
| $3.13M | ﹤0.01% |
91,348
-11,368
| -11% | -$355K |
|
462
Plains GP Holdings
PAGP
$5.02B
| $3.1M | ﹤0.01% |
509,189
-10,809
| -2% | -$82.8K |
|
463
Veeva Systems
VEEV
$35.4B
| $3.05M | ﹤0.01% |
10,860
+5,141
| +90% | +$1.35M |
|
464
Cencora
COR
$62B
| $2.88M | ﹤0.01% |
29,713
-380
| -1% | -$37.8K |
|
465
Corpay
CPAY
$26B
| $2.81M | ﹤0.01% |
11,823
-101,450
| -90% | -$25.1M |
|
466
JD.com
JD
$44.3B
| $2.79M | ﹤0.01% |
35,886
+3,273
| +10% | +$227K |
|
467
iShares Russell 1000 Growth ETF
IWF
$127B
| $2.63M | ﹤0.01% |
48,572
+23,652
| +95% | +$1.25M |
|
468
Bilibili
BILI
$7.81B
| $2.56M | ﹤0.01% |
61,426
+5,597
| +10% | +$247K |
|
469
Brookfield Renewable
BEPC
$6.19B
| $2.45M | ﹤0.01% |
+62,657
| New | +$2.1M |
|
470
STAG Industrial
STAG
$7.1B
| $2.39M | ﹤0.01% |
+78,423
| New | +$2.47M |
|
471
B2Gold
BTG
$5.45B
| $2.39M | ﹤0.01% |
366,535
-360,366
| -50% | -$2.34M |
|
472
Honeywell
HON
$76.3B
| $2.39M | ﹤0.01% |
15,380
-2,384
| -13% | -$354K |
|
473
Meritage Homes
MTH
$4.71B
| $2.36M | ﹤0.01% |
42,732
-252
| -0.6% | -$12.1K |
|
474
Monster Beverage
MNST
$92.1B
| $2.36M | ﹤0.01% |
+58,784
| New | +$2.32M |
|
475
Tractor Supply
TSCO
$17.9B
| $2.34M | ﹤0.01% |
+81,630
| New | +$2.35M |
|
Similar funds
Jennison Associates's Q3 2020 Portfolio in Review
As of Q3 2020, Jennison Associates held 720 positions worth $124B, up 12% from $111B the previous quarter. Its ten largest holdings account for 42% of the portfolio.
Jennison Associates's Q3 2020 filing shows 100 new, 258 increased, 257 reduced and 100 closed positions. Its largest new stake was Peloton Interactive: 10,766,951 shares worth $1.07B. The largest sale was Alibaba, an estimated $1.24B.
By sector, the portfolio is most concentrated in Technology at 33% of assets, up from 32% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q3 2020 buy was Peloton Interactive: 10,766,951 shares worth $1.07B.
- Jennison Associates added most to Match Group in Q3 2020, an estimated $1.51B increase.
- Jennison Associates's biggest Q3 2020 reduction was Alibaba, cutting an estimated $1.24B.
- Jennison Associates fully exited Boeing in Q3 2020, selling an estimated $548M.
- Jennison Associates's ten largest holdings make up 42% of its $124B portfolio in Q3 2020.
- Jennison Associates opened 100 new positions and closed 100 in Q3 2020.
- Jennison Associates's portfolio value rose 12% quarter-over-quarter to $124B.
Based on Jennison Associates's 13F filing for Q3 2020, filed 4 Nov 2020.