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 |
Boeing
BA
|
+$788M |
| 2 |
Netflix
NFLX
|
+$687M |
| 3 |
UnitedHealth
UNH
|
+$638M |
| 4 |
Trade Desk
TTD
|
+$513M |
| 5 |
Home Depot
HD
|
+$374M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$2.12B |
| 2 |
Tesla
TSLA
|
+$717M |
| 3 |
Uber
UBER
|
+$656M |
| 4 |
argenx
ARGX
|
+$579M |
| 5 |
Eli Lilly
LLY
|
+$473M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 38.7% |
| 2 | Consumer Discretionary | 19.7% |
| 3 | Healthcare | 12.45% |
| 4 | Communication Services | 10.26% |
| 5 | Financials | 7.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
476
Zscaler
ZS
$27.3B
| $1.23M | ﹤0.01% |
+5,549
| New | +$1.03M |
|
477
Vishay Intertechnology
VSH
$5.43B
| $1.16M | ﹤0.01% |
48,421
+635
| +1% | +$14.7K |
|
478
Trane Technologies
TT
$106B
| $1.16M | ﹤0.01% |
4,752
+181
| +4% | +$39.6K |
|
479
Atkore
ATKR
$3.16B
| $1.13M | ﹤0.01% |
7,071
-7
| -0.1% | -$966 |
|
480
CBIZ
CBZ
$2.96B
| $1.13M | ﹤0.01% |
18,032
-10
| -0.1% | -$565 |
|
|
HPP
481
Hudson Pacific Properties
HPP
$779M
| $1.12M | ﹤0.01% |
17,262
-355
| -2% | -$15.7K |
|
482
UFP Industries
UFPI
$5.19B
| $1.12M | ﹤0.01% |
8,943
-2,060
| -19% | -$222K |
|
483
Super Micro Computer
SMCI
$20.1B
| $1.12M | ﹤0.01% |
39,420
+5,170
| +15% | +$143K |
|
484
Syndax Pharmaceuticals
SNDX
$1.82B
| $1.1M | ﹤0.01% |
50,780
-2,296,893
| -98% | -$35.3M |
|
485
Ethan Allen Interiors
ETD
$603M
| $1.08M | ﹤0.01% |
33,783
-28
| -0.1% | -$803 |
|
486
Broadstone Net Lease
BNL
$4.02B
| $1.05M | ﹤0.01% |
+60,809
| New | +$938K |
|
487
Merit Medical Systems
MMSI
$5.32B
| $1.05M | ﹤0.01% |
13,766
-757
| -5% | -$52.8K |
|
488
SunCoke Energy
SXC
$797M
| $1.04M | ﹤0.01% |
96,551
+3,954
| +4% | +$37.7K |
|
489
Alkermes
ALKS
$8.25B
| $1.01M | ﹤0.01% |
36,335
+9,106
| +33% | +$237K |
|
|
DENN
490
DELISTED
Denny's
DENN
| $1.01M | ﹤0.01% |
92,496
-9,454
| -9% | -$88.9K |
|
491
Green Brick Partners
GRBK
$3.14B
| $988K | ﹤0.01% |
19,030
+1,148
| +6% | +$52.2K |
|
492
SBA Communications
SBAC
$19.5B
| $983K | ﹤0.01% |
+3,874
| New | +$870K |
|
493
Simpson Manufacturing
SSD
$8.16B
| $977K | ﹤0.01% |
+4,933
| New | +$782K |
|
494
CoreCivic
CXW
$3.19B
| $960K | ﹤0.01% |
66,069
-27,434
| -29% | -$363K |
|
495
BellRing Brands
BRBR
$1.34B
| $957K | ﹤0.01% |
17,256
-166
| -1% | -$8.01K |
|
496
Matsons
MATX
$6.18B
| $953K | ﹤0.01% |
+8,699
| New | +$826K |
|
497
Parsons
PSN
$5.08B
| $950K | ﹤0.01% |
15,151
+239
| +2% | +$14.5K |
|
498
Mueller Industries
MLI
$15.2B
| $947K | ﹤0.01% |
40,188
-20,508
| -34% | -$414K |
|
499
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$27.3B
| $931K | ﹤0.01% |
1,835
+1,002
| +120% | +$465K |
|
500
Ingevity
NGVT
$2.68B
| $925K | ﹤0.01% |
19,588
+249
| +1% | +$10.3K |
|
Similar funds
Jennison Associates's Q4 2023 Portfolio in Review
As of Q4 2023, Jennison Associates held 638 positions worth $134B, up 14% from $118B the previous quarter. Its ten largest holdings account for 40% of the portfolio.
Jennison Associates's Q4 2023 filing shows 77 new, 236 increased, 267 reduced and 55 closed positions. Its largest new stake was Boeing: 3,684,483 shares worth $960M. The largest sale was NVIDIA, an estimated $2.12B.
By sector, the portfolio is most concentrated in Technology at 39% of assets, up from 37% a quarter earlier, followed by Consumer Discretionary and Healthcare.
- Jennison Associates's largest Q4 2023 buy was Boeing: 3,684,483 shares worth $960M.
- Jennison Associates added most to Netflix in Q4 2023, an estimated $687M increase.
- Jennison Associates's biggest Q4 2023 reduction was NVIDIA, cutting an estimated $2.12B.
- Jennison Associates fully exited Ulta Beauty in Q4 2023, selling an estimated $452M.
- Jennison Associates's ten largest holdings make up 40% of its $134B portfolio in Q4 2023.
- Jennison Associates opened 77 new positions and closed 55 in Q4 2023.
- Jennison Associates's portfolio value rose 14% quarter-over-quarter to $134B.
Based on Jennison Associates's 13F filing for Q4 2023, filed 1 Feb 2024.