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 |
Snap
SNAP
|
+$2.23B |
| 2 |
Target
TGT
|
+$794M |
| 3 |
Eli Lilly
LLY
|
+$697M |
| 4 |
Mercado Libre
MELI
|
+$619M |
| 5 |
Airbnb
ABNB
|
+$527M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.46B |
| 2 |
Tesla
TSLA
|
+$1.04B |
| 3 |
Teladoc Health
TDOC
|
+$966M |
| 4 |
Home Depot
HD
|
+$741M |
| 5 |
Microsoft
MSFT
|
+$667M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 33.6% |
| 2 | Consumer Discretionary | 22.78% |
| 3 | Communication Services | 16.93% |
| 4 | Financials | 8.37% |
| 5 | Healthcare | 7.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
451
KKR & Co
KKR
$94.9B
| $6.87M | 0.01% |
140,635
-43,800
| -24% | -$1.96M |
|
452
SLB Ltd
SLB
$74.1B
| $6.86M | 0.01% |
252,454
+3,413
| +1% | +$89.8K |
|
|
MAG
453
DELISTED
MAG Silver
MAG
| $6.7M | ﹤0.01% |
444,731
+5,708
| +1% | +$105K |
|
454
Zoetis
ZTS
$31.2B
| $6.61M | ﹤0.01% |
41,961
-1,197,331
| -97% | -$190M |
|
455
Praxis Precision Medicines
PRAX
$8.9B
| $6.47M | ﹤0.01% |
13,167
-111
| -0.8% | -$78.9K |
|
456
CALL
Vertex Pharmaceuticals
VRTX
$123B
| $6.45M | ﹤0.01% |
+30,000
| New | +$6.59M |
|
457
BJ's Restaurants
BJRI
$1.44B
| $6.33M | ﹤0.01% |
+108,938
| New | +$5.7M |
|
458
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$4.97B
| $6.21M | ﹤0.01% |
110,772
+1,239
| +1% | +$74.6K |
|
459
Seacoast Banking Corp of Florida
SBCF
$3.39B
| $6.12M | ﹤0.01% |
168,735
-432,216
| -72% | -$15.1M |
|
460
Valero Energy
VLO
$87.1B
| $5.92M | ﹤0.01% |
82,707
+32,370
| +64% | +$2.2M |
|
|
SAGE
461
PUT
DELISTED
Sage Therapeutics
SAGE
| $5.9M | ﹤0.01% |
+78,800
| New | +$6.46M |
|
|
CTRA
462
DELISTED
Coterra Energy
CTRA
| $5.83M | ﹤0.01% |
310,301
+6,351
| +2% | +$117K |
|
463
eBay
EBAY
$49.4B
| $5.65M | ﹤0.01% |
92,297
+17,822
| +24% | +$1.03M |
|
464
State Street SPDR S&P Metals & Mining ETF
XME
$4.28B
| $5.64M | ﹤0.01% |
141,216
+7,855
| +6% | +$289K |
|
465
Toll Brothers
TOL
$14.5B
| $5.48M | ﹤0.01% |
96,527
+89,606
| +1,295% | +$4.69M |
|
466
PUT
BioNTech
BNTX
$23.2B
| $5.45M | ﹤0.01% |
+49,900
| New | +$5.3M |
|
467
HCA Healthcare
HCA
$88.7B
| $5.34M | ﹤0.01% |
28,370
+14,240
| +101% | +$2.51M |
|
|
API
468
Agora
API
$349M
| $5.23M | ﹤0.01% |
+104,100
| New | +$6.57M |
|
469
Moody's
MCO
$83.8B
| $5.21M | ﹤0.01% |
17,445
+11,947
| +217% | +$3.36M |
|
470
EQT Corp
EQT
$32B
| $5.19M | ﹤0.01% |
279,395
+145,695
| +109% | +$2.54M |
|
471
Canadian National Railway
CNI
$77.1B
| $5.14M | ﹤0.01% |
44,295
-41,234
| -48% | -$4.58M |
|
|
SNCY
472
DELISTED
Sun Country Airlines
SNCY
| $5.1M | ﹤0.01% |
+148,743
| New | +$5.05M |
|
473
iShares MSCI ACWI ex US ETF
ACWX
$11.8B
| $5M | ﹤0.01% |
90,711
+62,535
| +222% | +$3.46M |
|
474
Parker-Hannifin
PH
$126B
| $4.99M | ﹤0.01% |
15,829
+15,024
| +1,866% | +$4.34M |
|
475
West Pharmaceutical
WST
$24.7B
| $4.89M | ﹤0.01% |
17,344
-731
| -4% | -$209K |
|
Similar funds
Jennison Associates's Q1 2021 Portfolio in Review
As of Q1 2021, Jennison Associates held 765 positions worth $137B, down 2.6% from $140B the previous quarter. Its ten largest holdings account for 37% of the portfolio.
Jennison Associates's Q1 2021 filing shows 126 new, 252 increased, 272 reduced and 104 closed positions. Its largest new stake was Snap: 38,849,947 shares worth $2.03B. The largest sale was Apple, an estimated $1.46B.
By sector, the portfolio is most concentrated in Technology at 34% of assets, down from 35% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q1 2021 buy was Snap: 38,849,947 shares worth $2.03B.
- Jennison Associates added most to Target in Q1 2021, an estimated $794M increase.
- Jennison Associates's biggest Q1 2021 reduction was Apple, cutting an estimated $1.46B.
- Jennison Associates fully exited SAP in Q1 2021, selling an estimated $58.7M.
- Jennison Associates's ten largest holdings make up 37% of its $137B portfolio in Q1 2021.
- Jennison Associates opened 126 new positions and closed 104 in Q1 2021.
- Jennison Associates's portfolio value fell 2.6% quarter-over-quarter to $137B.
Based on Jennison Associates's 13F filing for Q1 2021, filed 11 May 2021.