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 |
Airbnb
ABNB
|
+$1.4B |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$715M |
| 3 |
DOCU
DocuSign
DOCU
|
+$707M |
| 4 |
Eli Lilly
LLY
|
+$697M |
| 5 |
CrowdStrike
CRWD
|
+$622M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Peloton Interactive
PTON
|
+$1.3B |
| 2 |
RingCentral
RNG
|
+$869M |
| 3 |
Apple
AAPL
|
+$809M |
| 4 |
FTCH
Farfetch Limited Class A Ordinary Shares
FTCH
|
+$751M |
| 5 |
COUP
Coupa Software Incorporated
COUP
|
+$525M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 34.56% |
| 2 | Consumer Discretionary | 21.74% |
| 3 | Communication Services | 16.85% |
| 4 | Financials | 8.71% |
| 5 | Healthcare | 7.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
476
Ameresco
AMRC
$1.48B
| $8.5M | 0.01% |
135,517
+65,904
| +95% | +$3.55M |
|
477
Oracle
ORCL
$420B
| $8.5M | 0.01% |
109,154
-5,639
| -5% | -$441K |
|
478
Stryker
SYK
$129B
| $8.33M | 0.01% |
32,062
+30,203
| +1,625% | +$7.72M |
|
|
LVOX
479
DELISTED
LiveVox Holding, Inc. Class A Common Stock
LVOX
| $8.14M | 0.01% |
1,024,425
-345,280
| -25% | -$3.41M |
|
|
ETRN
480
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $8.05M | 0.01% |
946,157
-566,091
| -37% | -$4.8M |
|
481
Philip Morris
PM
$291B
| $7.96M | 0.01% |
80,356
+62,987
| +363% | +$6.04M |
|
|
AEPPL
482
DELISTED
American Electric Power Company, Inc. Corporate Unit
AEPPL
| $7.4M | ﹤0.01% |
150,622
-1,530
| -1% | -$75.9K |
|
483
Monte Rosa Therapeutics
GLUE
$1.36B
| $6.81M | ﹤0.01% |
+300,000
| New | +$6.11M |
|
|
CNTA
484
DELISTED
Centessa Pharmaceuticals
CNTA
| $6.66M | ﹤0.01% |
+300,000
| New | +$7.05M |
|
485
Dollar General
DG
$28.1B
| $6.62M | ﹤0.01% |
30,607
+19,345
| +172% | +$4.06M |
|
486
eBay
EBAY
$48.7B
| $6.55M | ﹤0.01% |
93,291
+994
| +1% | +$62.3K |
|
487
Medtronic
MDT
$110B
| $6.55M | ﹤0.01% |
52,747
-344,605
| -87% | -$43.3M |
|
488
Moody's
MCO
$83.8B
| $6.32M | ﹤0.01% |
17,445
| – | – |
|
489
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$4.97B
| $6.31M | ﹤0.01% |
112,396
+1,624
| +1% | +$84.4K |
|
490
Xometry
XMTR
$5.06B
| $6.12M | ﹤0.01% |
+70,000
| New | +$6.12M |
|
|
NEE.PRQ
491
DELISTED
NextEra Energy, Inc. 6.219% Corporate Units
NEE.PRQ
| $5.83M | ﹤0.01% |
117,943
-78,942
| -40% | -$3.92M |
|
492
New Fortress Energy
NFE
$99M
| $5.79M | ﹤0.01% |
152,804
+1,586
| +1% | +$67.8K |
|
|
NS
493
DELISTED
NuStar Energy L.P.
NS
| $5.71M | ﹤0.01% |
316,452
+112,755
| +55% | +$2.09M |
|
494
State Street SPDR S&P Metals & Mining ETF
XME
$4.12B
| $5.7M | ﹤0.01% |
132,260
-8,956
| -6% | -$389K |
|
495
Wheaton Precious Metals
WPM
$52.4B
| $5.51M | ﹤0.01% |
124,982
+850
| +0.7% | +$37.8K |
|
|
ATVI
496
DELISTED
Activision Blizzard
ATVI
| $5.36M | ﹤0.01% |
56,139
+39,491
| +237% | +$3.74M |
|
497
Revvity
RVTY
$12.4B
| $5.03M | ﹤0.01% |
+32,548
| New | +$4.57M |
|
498
Sarepta Therapeutics
SRPT
$1.73B
| $4.83M | ﹤0.01% |
62,129
-4
| -0% | -$303 |
|
|
PROS
499
DELISTED
ProSight Global, Inc.
PROS
| $4.83M | ﹤0.01% |
378,443
+6,385
| +2% | +$81.4K |
|
500
Parker-Hannifin
PH
$125B
| $4.74M | ﹤0.01% |
15,448
-381
| -2% | -$118K |
|
Similar funds
Jennison Associates's Q2 2021 Portfolio in Review
As of Q2 2021, Jennison Associates held 746 positions worth $151B, up 10% from $137B the previous quarter. Its ten largest holdings account for 38% of the portfolio.
Jennison Associates's Q2 2021 filing shows 85 new, 265 increased, 299 reduced and 81 closed positions. Its largest new stake was dLocal: 2,105,049 shares worth $111M. The largest sale was Peloton Interactive, an estimated $1.3B.
By sector, the portfolio is most concentrated in Technology at 35% of assets, up from 34% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q2 2021 buy was dLocal: 2,105,049 shares worth $111M.
- Jennison Associates added most to Airbnb in Q2 2021, an estimated $1.4B increase.
- Jennison Associates's biggest Q2 2021 reduction was RingCentral, cutting an estimated $869M.
- Jennison Associates fully exited Peloton Interactive in Q2 2021, selling an estimated $1.3B.
- Jennison Associates's ten largest holdings make up 38% of its $151B portfolio in Q2 2021.
- Jennison Associates opened 85 new positions and closed 81 in Q2 2021.
- Jennison Associates's portfolio value rose 10% quarter-over-quarter to $151B.
Based on Jennison Associates's 13F filing for Q2 2021, filed 12 Aug 2021.