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 | |
|---|---|---|---|---|---|---|
476
CNO Financial Group
CNO
$5.14B
| $1.76M | ﹤0.01% |
+113,270
| New | +$1.56M |
|
|
PDM
477
Piedmont Realty Trust
PDM
$1.18B
| $1.76M | ﹤0.01% |
106,144
+76,371
| +257% | +$1.27M |
|
478
Artisan Partners
APAM
$3.06B
| $1.76M | ﹤0.01% |
54,091
+9,509
| +21% | +$264K |
|
|
CTRA
479
DELISTED
Coterra Energy
CTRA
| $1.73M | ﹤0.01% |
+100,539
| New | +$1.95M |
|
|
SEM
480
DELISTED
Select Medical
SEM
| $1.72M | ﹤0.01% |
216,582
+73,332
| +51% | +$608K |
|
481
Amkor Technology
AMKR
$13.5B
| $1.67M | ﹤0.01% |
135,849
+21,537
| +19% | +$222K |
|
482
Atkore
ATKR
$3.16B
| $1.66M | ﹤0.01% |
60,760
+31,630
| +109% | +$783K |
|
483
International Bancshares
IBOC
$4.67B
| $1.64M | ﹤0.01% |
51,187
+7,395
| +17% | +$213K |
|
484
Meritage Homes
MTH
$4.71B
| $1.64M | ﹤0.01% |
+42,984
| New | +$1.27M |
|
|
PRFT
485
DELISTED
Perficient Inc
PRFT
| $1.63M | ﹤0.01% |
45,535
+14,438
| +46% | +$479K |
|
|
MODN
486
DELISTED
MODEL N, INC.
MODN
| $1.63M | ﹤0.01% |
46,860
+14,417
| +44% | +$420K |
|
|
DHR.PRA
487
DELISTED
Danaher Corporation 4.75% Mandatory Convertible Preferred Stock, Series A
DHR.PRA
| $1.59M | ﹤0.01% |
1,272
-225
| -15% | -$265K |
|
488
Methode Electronics
MEI
$585M
| $1.58M | ﹤0.01% |
50,522
+4,310
| +9% | +$129K |
|
|
SCS
489
DELISTED
Steelcase
SCS
| $1.57M | ﹤0.01% |
130,311
+37,205
| +40% | +$407K |
|
490
SolarEdge
SEDG
$1.99B
| $1.54M | ﹤0.01% |
+11,133
| New | +$1.36M |
|
491
West Pharmaceutical
WST
$24.5B
| $1.47M | ﹤0.01% |
+6,453
| New | +$1.27M |
|
|
SF
492
Stifel
SF
$12.6B
| $1.46M | ﹤0.01% |
69,190
+1,299
| +2% | +$26.1K |
|
|
NXRT
493
NexPoint Residential Trust
NXRT
$636M
| $1.44M | ﹤0.01% |
40,774
+21,702
| +114% | +$672K |
|
494
Paylocity
PCTY
$8.39B
| $1.42M | ﹤0.01% |
+9,756
| New | +$1.14M |
|
495
Avery Dennison
AVY
$13.2B
| $1.42M | ﹤0.01% |
+12,406
| New | +$1.36M |
|
496
MSCI
MSCI
$41.2B
| $1.38M | ﹤0.01% |
+4,147
| New | +$1.34M |
|
|
ARCE
497
DELISTED
Arco Platform Limited Class A Common Shares
ARCE
| $1.37M | ﹤0.01% |
31,490
+5,369
| +21% | +$254K |
|
|
MASI
498
DELISTED
Masimo
MASI
| $1.36M | ﹤0.01% |
+5,949
| New | +$1.31M |
|
499
Lincoln National
LNC
$8.93B
| $1.35M | ﹤0.01% |
+36,579
| New | +$1.29M |
|
500
Old Dominion Freight Line
ODFL
$44B
| $1.35M | ﹤0.01% |
+15,878
| New | +$1.21M |
|
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.