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 | |
|---|---|---|---|---|---|---|
476
Builders FirstSource
BLDR
$8.04B
| $2.29M | ﹤0.01% |
70,361
-15,082
| -18% | -$409K |
|
477
Kymera Therapeutics
KYMR
$8.94B
| $2.26M | ﹤0.01% |
+70,024
| New | +$2.14M |
|
478
StepStone Group
STEP
$3.82B
| $2.26M | ﹤0.01% |
+84,968
| New | +$2.17M |
|
479
Booz Allen Hamilton
BAH
$9.15B
| $2.25M | ﹤0.01% |
27,057
+9,791
| +57% | +$802K |
|
|
TCP
480
DELISTED
TC Pipelines LP
TCP
| $2.16M | ﹤0.01% |
84,604
-1,805
| -2% | -$54.9K |
|
481
Gen Digital
GEN
$17.5B
| $2.13M | ﹤0.01% |
+102,089
| New | +$2.21M |
|
482
Merck
MRK
$318B
| $2.12M | ﹤0.01% |
26,792
-111,569
| -81% | -$8.74M |
|
|
SEM
483
DELISTED
Select Medical
SEM
| $2.06M | ﹤0.01% |
183,256
-33,326
| -15% | -$328K |
|
484
Valley National Bancorp
VLY
$8.04B
| $2.04M | ﹤0.01% |
+297,881
| New | +$2.21M |
|
485
Artisan Partners
APAM
$3.02B
| $1.99M | ﹤0.01% |
51,141
-2,950
| -5% | -$108K |
|
486
Power Integrations
POWI
$3.61B
| $1.98M | ﹤0.01% |
35,785
+5,435
| +18% | +$313K |
|
487
TriNet
TNET
$3.14B
| $1.98M | ﹤0.01% |
+33,419
| New | +$2.15M |
|
488
CNO Financial Group
CNO
$5.1B
| $1.98M | ﹤0.01% |
123,217
+9,947
| +9% | +$159K |
|
|
BERY
489
DELISTED
Berry Global Group, Inc.
BERY
| $1.95M | ﹤0.01% |
43,975
+11,403
| +35% | +$523K |
|
490
Service Corp International
SCI
$11.6B
| $1.92M | ﹤0.01% |
45,558
+37,879
| +493% | +$1.62M |
|
|
SJI
491
DELISTED
South Jersey Industries, Inc.
SJI
| $1.91M | ﹤0.01% |
+99,208
| New | +$2.22M |
|
|
SYKE
492
DELISTED
SYKES Enterprises Inc
SYKE
| $1.82M | ﹤0.01% |
+53,282
| New | +$1.65M |
|
|
PRFT
493
DELISTED
Perficient Inc
PRFT
| $1.81M | ﹤0.01% |
42,414
-3,121
| -7% | -$126K |
|
494
Cactus
WHD
$5.44B
| $1.8M | ﹤0.01% |
93,723
+31,064
| +50% | +$674K |
|
495
Amkor Technology
AMKR
$13.7B
| $1.79M | ﹤0.01% |
159,490
+23,641
| +17% | +$293K |
|
|
NXRT
496
NexPoint Residential Trust
NXRT
$652M
| $1.78M | ﹤0.01% |
40,196
-578
| -1% | -$22.9K |
|
497
Atkore
ATKR
$3.16B
| $1.77M | ﹤0.01% |
77,999
+17,239
| +28% | +$467K |
|
498
Entegris
ENTG
$23.2B
| $1.74M | ﹤0.01% |
+23,405
| New | +$1.57M |
|
|
ESGR
499
DELISTED
Enstar Group
ESGR
| $1.74M | ﹤0.01% |
+10,759
| New | +$1.83M |
|
500
Ironwood Pharmaceuticals
IRWD
$714M
| $1.72M | ﹤0.01% |
+191,602
| New | +$1.9M |
|
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.