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 |
Salesforce
CRM
|
+$1.15B |
| 2 |
Snowflake
SNOW
|
+$725M |
| 3 |
Roblox
RBLX
|
+$671M |
| 4 |
Atlassian
TEAM
|
+$520M |
| 5 |
Sea Limited
SE
|
+$466M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Meta Platforms (Facebook)
META
|
+$1.75B |
| 2 |
DOCU
DocuSign
DOCU
|
+$1.48B |
| 3 |
Twilio
TWLO
|
+$985M |
| 4 |
Carvana
CVNA
|
+$937M |
| 5 |
Visa
V
|
+$797M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 35.54% |
| 2 | Consumer Discretionary | 24.29% |
| 3 | Communication Services | 13.9% |
| 4 | Healthcare | 8.84% |
| 5 | Financials | 7.18% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
TE
451
T1 Energy
TE
$1.52B
| $7.81M | 0.01% |
698,701
+6,462
| +0.9% | +$70K |
|
452
Kinder Morgan
KMI
$69.9B
| $7.64M | ﹤0.01% |
481,697
-15,805
| -3% | -$263K |
|
453
Philip Morris
PM
$291B
| $7.6M | ﹤0.01% |
79,962
-82,850
| -51% | -$7.74M |
|
|
AEPPL
454
DELISTED
American Electric Power Company, Inc. Corporate Unit
AEPPL
| $7.55M | ﹤0.01% |
150,622
| – | – |
|
455
Intapp
INTA
$2.57B
| $7.33M | ﹤0.01% |
291,245
-241,026
| -45% | -$6.38M |
|
|
NOVA
456
DELISTED
Sunnova Energy
NOVA
| $7.18M | ﹤0.01% |
257,087
-107,784
| -30% | -$3.88M |
|
457
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$4.93B
| $7.07M | ﹤0.01% |
133,179
-333
| -0.2% | -$19.2K |
|
|
MAG
458
DELISTED
MAG Silver
MAG
| $7.04M | ﹤0.01% |
449,333
-2,223
| -0.5% | -$38.9K |
|
459
Sysco
SYY
$40.7B
| $7.01M | ﹤0.01% |
89,191
-94,925
| -52% | -$7.31M |
|
|
EVA
460
DELISTED
Enviva Inc.
EVA
| $6.93M | ﹤0.01% |
+98,469
| New | +$6.59M |
|
|
NEE.PRQ
461
DELISTED
NextEra Energy, Inc. 6.219% Corporate Units
NEE.PRQ
| $6.83M | ﹤0.01% |
117,943
| – | – |
|
462
Sunrun
RUN
$2.63B
| $6.71M | ﹤0.01% |
195,578
-1,180
| -0.6% | -$55.2K |
|
463
New Fortress Energy
NFE
$95.9M
| $6.27M | ﹤0.01% |
259,575
+107,081
| +70% | +$2.97M |
|
464
Generac Holdings
GNRC
$12.9B
| $6.22M | ﹤0.01% |
17,689
+15,129
| +591% | +$6.28M |
|
465
TC Energy
TRP
$68.1B
| $6.08M | ﹤0.01% |
130,722
-4,271
| -3% | -$211K |
|
466
Accenture
ACN
$104B
| $5.85M | ﹤0.01% |
14,115
-1,849
| -12% | -$674K |
|
|
ELMS
467
DELISTED
Electric Last Mile Solutions, Inc. Class A Common stock
ELMS
| $5.64M | ﹤0.01% |
802,061
+15,537
| +2% | +$118K |
|
468
Southern Copper
SCCO
$155B
| $5.55M | ﹤0.01% |
97,085
-131
| -0.1% | -$7.31K |
|
|
LVOX
469
DELISTED
LiveVox Holding, Inc. Class A Common Stock
LVOX
| $5.39M | ﹤0.01% |
1,045,760
+20,447
| +2% | +$113K |
|
470
Wheaton Precious Metals
WPM
$50.8B
| $5.37M | ﹤0.01% |
125,050
-407
| -0.3% | -$16.8K |
|
|
NVMI
471
Nova
NVMI
$12.5B
| $5.25M | ﹤0.01% |
35,861
+24,238
| +209% | +$2.93M |
|
472
State Street SPDR S&P Metals & Mining ETF
XME
$4.12B
| $5.09M | ﹤0.01% |
113,771
-13,096
| -10% | -$574K |
|
|
NS
473
DELISTED
NuStar Energy L.P.
NS
| $4.82M | ﹤0.01% |
303,431
-9,955
| -3% | -$155K |
|
|
AMED
474
DELISTED
Amedisys
AMED
| $4.64M | ﹤0.01% |
+28,667
| New | +$4.61M |
|
|
ARVL
475
DELISTED
Arrival Ordinary Shares
ARVL
| $4.47M | ﹤0.01% |
12,042
-9
| -0.1% | -$5.28K |
|
Similar funds
Jennison Associates's Q4 2021 Portfolio in Review
As of Q4 2021, Jennison Associates held 746 positions worth $158B, up 2% from $155B the previous quarter. Its ten largest holdings account for 42% of the portfolio.
Jennison Associates withdrew a net $5.22B in Q4 2021, closing 93 positions and reducing 314 holdings. Its most notable exit was DocuSign, an estimated $1.48B position sold in full.
By sector, the portfolio is most concentrated in Technology at 36% of assets, up from 35% a quarter earlier, followed by Consumer Discretionary and Communication Services.
Against the trend, Jennison Associates opened a new position in NXP Semiconductors worth $122M.
- Jennison Associates's largest Q4 2021 buy was NXP Semiconductors: 536,962 shares worth $122M.
- Jennison Associates added most to Salesforce in Q4 2021, an estimated $1.15B increase.
- Jennison Associates's biggest Q4 2021 reduction was Meta Platforms (Facebook), cutting an estimated $1.75B.
- Jennison Associates fully exited DocuSign in Q4 2021, selling an estimated $1.48B.
- Jennison Associates's ten largest holdings make up 42% of its $158B portfolio in Q4 2021.
- Jennison Associates opened 85 new positions and closed 93 in Q4 2021.
- Jennison Associates's portfolio value rose 2% quarter-over-quarter to $158B.
Based on Jennison Associates's 13F filing for Q4 2021, filed 8 Feb 2022.