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 | |
|---|---|---|---|---|---|---|
|
TPIC
476
DELISTED
TPI Composites
TPIC
| $4.87M | ﹤0.01% |
86,289
-104,703
| -55% | -$6.3M |
|
|
REGI
477
DELISTED
Renewable Energy Group, Inc.
REGI
| $4.86M | ﹤0.01% |
73,629
-32,465
| -31% | -$2.78M |
|
|
WCN
478
Waste Connections
WCN
$42B
| $4.8M | ﹤0.01% |
44,422
-56,364
| -56% | -$5.72M |
|
479
Regeneron Pharmaceuticals
REGN
$80.8B
| $4.76M | ﹤0.01% |
+10,061
| New | +$4.9M |
|
480
Wheaton Precious Metals
WPM
$60.9B
| $4.74M | ﹤0.01% |
124,132
+1,795
| +1% | +$71.2K |
|
|
PROS
481
DELISTED
ProSight Global, Inc.
PROS
| $4.69M | ﹤0.01% |
372,058
-441,031
| -54% | -$5.6M |
|
482
Sarepta Therapeutics
SRPT
$1.77B
| $4.63M | ﹤0.01% |
62,133
-2,365,759
| -97% | -$218M |
|
|
PSXP
483
DELISTED
PHILLIPS 66 PARTNERS LP
PSXP
| $4.63M | ﹤0.01% |
146,101
| – | – |
|
484
Accenture
ACN
$108B
| $4.6M | ﹤0.01% |
16,661
+4,649
| +39% | +$1.2M |
|
485
Primerica
PRI
$10B
| $4.55M | ﹤0.01% |
30,804
+18,981
| +161% | +$2.72M |
|
|
CDK
486
DELISTED
CDK Global, Inc.
CDK
| $4.49M | ﹤0.01% |
+83,035
| New | +$4.31M |
|
487
C.H. Robinson
CHRW
$17.5B
| $4.29M | ﹤0.01% |
+44,964
| New | +$4.2M |
|
488
Herbalife
HLF
$1.29B
| $4.26M | ﹤0.01% |
95,945
+63,393
| +195% | +$3.13M |
|
|
SGFY
489
DELISTED
Signify Health, Inc.
SGFY
| $4.26M | ﹤0.01% |
+145,451
| New | +$4.5M |
|
490
Citi Trends
CTRN
$605M
| $4.25M | ﹤0.01% |
+50,738
| New | +$3.62M |
|
|
CDMO
491
DELISTED
Avid Bioservices, Inc. Common Stock
CDMO
| $4.06M | ﹤0.01% |
+222,564
| New | +$3.7M |
|
492
Avery Dennison
AVY
$13.4B
| $4.06M | ﹤0.01% |
22,085
+6,390
| +41% | +$1.09M |
|
493
T. Rowe Price
TROW
$24.3B
| $4.03M | ﹤0.01% |
23,499
-9,316
| -28% | -$1.53M |
|
494
ExxonMobil
XOM
$634B
| $4.01M | ﹤0.01% |
+71,872
| New | +$3.77M |
|
495
Shoals Technologies Group
SHLS
$1.5B
| $3.78M | ﹤0.01% |
+108,782
| New | +$3.85M |
|
496
Alcoa
AA
$13.2B
| $3.76M | ﹤0.01% |
+115,645
| New | +$2.93M |
|
497
Antero Midstream
AM
$10.1B
| $3.73M | ﹤0.01% |
+413,426
| New | +$3.56M |
|
498
Plains All American Pipeline
PAA
$16.1B
| $3.72M | ﹤0.01% |
408,754
-366,350
| -47% | -$3.35M |
|
499
Hess Midstream
HESM
$5.11B
| $3.69M | ﹤0.01% |
+164,799
| New | +$3.55M |
|
500
Advanced Micro Devices
AMD
$789B
| $3.55M | ﹤0.01% |
45,272
+38,371
| +556% | +$3.3M |
|
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.