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 |
XYZ
Block Inc
XYZ
|
+$1.67B |
| 2 |
Snowflake
SNOW
|
+$1.03B |
| 3 |
Shopify
SHOP
|
+$940M |
| 4 |
TJX Companies
TJX
|
+$933M |
| 5 |
TSMC
TSM
|
+$779M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$3.39B |
| 2 |
Alibaba
BABA
|
+$1.33B |
| 3 |
AstraZeneca
AZN
|
+$1.12B |
| 4 |
Mastercard
MA
|
+$968M |
| 5 |
Goldman Sachs
GS
|
+$911M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 35.34% |
| 2 | Consumer Discretionary | 23.94% |
| 3 | Communication Services | 14.59% |
| 4 | Financials | 8.49% |
| 5 | Healthcare | 7.96% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
451
SSR Mining
SSRM
$5.87B
| $5.54M | ﹤0.01% |
275,853
-12,648
| -4% | -$241K |
|
452
SLB Ltd
SLB
$76.5B
| $5.44M | ﹤0.01% |
249,041
-11,965
| -5% | -$226K |
|
453
Pool Corp
POOL
$7.31B
| $5.32M | ﹤0.01% |
14,285
-5,783
| -29% | -$2.02M |
|
454
West Pharmaceutical
WST
$24.5B
| $5.12M | ﹤0.01% |
18,075
-508
| -3% | -$143K |
|
455
Wheaton Precious Metals
WPM
$56.9B
| $5.11M | ﹤0.01% |
122,337
-4,439
| -4% | -$198K |
|
456
Entegris
ENTG
$21.8B
| $5M | ﹤0.01% |
52,045
+28,640
| +122% | +$2.5M |
|
457
T. Rowe Price
TROW
$24.2B
| $4.97M | ﹤0.01% |
+32,815
| New | +$4.69M |
|
|
CTRA
458
DELISTED
Coterra Energy
CTRA
| $4.95M | ﹤0.01% |
303,950
+3,358
| +1% | +$59K |
|
459
MakeMyTrip
MMYT
$5.65B
| $4.94M | ﹤0.01% |
167,318
+73,051
| +77% | +$1.66M |
|
460
Bunge Global
BG
$20.9B
| $4.92M | ﹤0.01% |
+75,079
| New | +$4.38M |
|
461
CALL
Biogen
BIIB
$30.5B
| $4.9M | ﹤0.01% |
+20,000
| New | +$5.16M |
|
462
Leidos
LDOS
$17B
| $4.66M | ﹤0.01% |
+44,307
| New | +$4.25M |
|
463
State Street SPDR S&P Metals & Mining ETF
XME
$4.22B
| $4.46M | ﹤0.01% |
133,361
-16,044
| -11% | -$455K |
|
464
Old Dominion Freight Line
ODFL
$44B
| $4.41M | ﹤0.01% |
45,140
-7,302
| -14% | -$727K |
|
465
CALL
BioMarin Pharmaceuticals
BMRN
$11.9B
| $4.38M | ﹤0.01% |
+50,000
| New | +$3.96M |
|
466
Charter Communications
CHTR
$18.8B
| $4.3M | ﹤0.01% |
6,507
-5,287
| -45% | -$3.37M |
|
467
Kymera Therapeutics
KYMR
$8.75B
| $4.3M | ﹤0.01% |
69,355
-669
| -1% | -$32.6K |
|
468
Petrobras
PBR
$119B
| $4.24M | ﹤0.01% |
+377,526
| New | +$3.35M |
|
469
Domino's
DPZ
$11.9B
| $3.9M | ﹤0.01% |
+10,177
| New | +$4M |
|
|
PSXP
470
DELISTED
PHILLIPS 66 PARTNERS LP
PSXP
| $3.86M | ﹤0.01% |
146,101
-132,994
| -48% | -$3.46M |
|
|
CELL
471
DELISTED
PhenomeX Inc. Common Stock
CELL
| $3.76M | ﹤0.01% |
42,032
-5,297
| -11% | -$446K |
|
472
eBay
EBAY
$48.9B
| $3.74M | ﹤0.01% |
74,475
-27,701
| -27% | -$1.41M |
|
473
Boston Beer
SAM
$1.88B
| $3.64M | ﹤0.01% |
3,664
-1,547
| -30% | -$1.48M |
|
474
Graco
GGG
$13.5B
| $3.56M | ﹤0.01% |
+49,149
| New | +$3.29M |
|
475
Brookfield Renewable
BEPC
$6.19B
| $3.51M | ﹤0.01% |
60,305
-2,352
| -4% | -$113K |
|
Similar funds
Jennison Associates's Q4 2020 Portfolio in Review
As of Q4 2020, Jennison Associates held 734 positions worth $140B, up 13% from $124B the previous quarter. Its ten largest holdings account for 40% of the portfolio.
Jennison Associates's Q4 2020 filing shows 114 new, 205 increased, 311 reduced and 95 closed positions. Its largest new stake was Farfetch Limited Class A Ordinary Shares: 13,694,960 shares worth $874M. The largest sale was Tesla, an estimated $3.39B.
By sector, the portfolio is most concentrated in Technology at 35% of assets, up from 33% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q4 2020 buy was Farfetch Limited Class A Ordinary Shares: 13,694,960 shares worth $874M.
- Jennison Associates added most to Block Inc in Q4 2020, an estimated $1.67B increase.
- Jennison Associates's biggest Q4 2020 reduction was Tesla, cutting an estimated $3.39B.
- Jennison Associates fully exited Immunomedics Inc in Q4 2020, selling an estimated $181M.
- Jennison Associates's ten largest holdings make up 40% of its $140B portfolio in Q4 2020.
- Jennison Associates opened 114 new positions and closed 95 in Q4 2020.
- Jennison Associates's portfolio value rose 13% quarter-over-quarter to $140B.
Based on Jennison Associates's 13F filing for Q4 2020, filed 5 Feb 2021.