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 |
Broadcom
AVGO
|
+$1.57B |
| 2 |
Walt Disney
DIS
|
+$1.27B |
| 3 |
Meta Platforms (Facebook)
META
|
+$1.23B |
| 4 |
Airbnb
ABNB
|
+$590M |
| 5 |
Netflix
NFLX
|
+$524M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$1.58B |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$1.3B |
| 3 |
Tesla
TSLA
|
+$1.23B |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$958M |
| 5 |
Uber
UBER
|
+$676M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 39.37% |
| 2 | Consumer Discretionary | 17.18% |
| 3 | Healthcare | 13.11% |
| 4 | Communication Services | 11.8% |
| 5 | Financials | 8.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
476
SunCoke Energy
SXC
$797M
| $1.3M | ﹤0.01% |
115,571
+19,020
| +20% | +$205K |
|
477
Zscaler
ZS
$27.3B
| $1.29M | ﹤0.01% |
6,702
+1,153
| +21% | +$258K |
|
478
Murphy Oil
MUR
$4.78B
| $1.27M | ﹤0.01% |
27,875
-12,658
| -31% | -$511K |
|
479
Phillips 66
PSX
$81.4B
| $1.26M | ﹤0.01% |
7,736
+2,115
| +38% | +$305K |
|
480
Commercial Metals
CMC
$8.31B
| $1.25M | ﹤0.01% |
21,272
+7,068
| +50% | +$374K |
|
481
CoreCivic
CXW
$3.19B
| $1.23M | ﹤0.01% |
78,717
+12,648
| +19% | +$184K |
|
482
Alkermes
ALKS
$8.25B
| $1.23M | ﹤0.01% |
45,371
+9,036
| +25% | +$257K |
|
483
Knowles
KN
$3.34B
| $1.23M | ﹤0.01% |
+76,254
| New | +$1.25M |
|
484
Ethan Allen Interiors
ETD
$603M
| $1.21M | ﹤0.01% |
34,914
+1,131
| +3% | +$35.4K |
|
485
Syndax Pharmaceuticals
SNDX
$1.82B
| $1.19M | ﹤0.01% |
50,170
-610
| -1% | -$13.6K |
|
486
Innoviva
INVA
$1.48B
| $1.18M | ﹤0.01% |
77,492
+35,294
| +84% | +$554K |
|
487
Trane Technologies
TT
$106B
| $1.16M | ﹤0.01% |
3,850
-902
| -19% | -$245K |
|
|
NVMI
488
Nova
NVMI
$12.5B
| $1.13M | ﹤0.01% |
6,395
+719
| +13% | +$114K |
|
489
UFP Industries
UFPI
$5.19B
| $1.13M | ﹤0.01% |
9,207
+264
| +3% | +$30.7K |
|
|
HTO
490
H2O America
HTO
$2.62B
| $1.13M | ﹤0.01% |
19,899
+760
| +4% | +$45.1K |
|
491
Photronics
PLAB
$1.93B
| $1.12M | ﹤0.01% |
+39,590
| New | +$1.18M |
|
492
Mueller Industries
MLI
$15.2B
| $1.11M | ﹤0.01% |
41,126
+938
| +2% | +$23.2K |
|
493
Sterling Infrastructure
STRL
$16.7B
| $1.1M | ﹤0.01% |
9,960
+3,054
| +44% | +$277K |
|
494
Buckle
BKE
$2.37B
| $1.06M | ﹤0.01% |
26,227
-7,851
| -23% | -$309K |
|
495
Frontdoor
FTDR
$6.26B
| $1.04M | ﹤0.01% |
31,854
-6,158
| -16% | -$200K |
|
496
Simpson Manufacturing
SSD
$8.16B
| $1.03M | ﹤0.01% |
5,023
+90
| +2% | +$17.4K |
|
497
Energy Recovery
ERII
$443M
| $1.02M | ﹤0.01% |
64,657
-638,561
| -91% | -$10.2M |
|
498
Ingevity
NGVT
$2.68B
| $1.01M | ﹤0.01% |
21,211
+1,623
| +8% | +$72.9K |
|
499
iShares MSCI ACWI ETF
ACWI
$33.5B
| $1.01M | ﹤0.01% |
9,152
-13,437
| -59% | -$1.41M |
|
500
Perdoceo Education
PRDO
$2.12B
| $1.01M | ﹤0.01% |
57,351
+16,502
| +40% | +$292K |
|
Similar funds
Jennison Associates's Q1 2024 Portfolio in Review
As of Q1 2024, Jennison Associates held 652 positions worth $150B, up 11% from $134B the previous quarter. Its ten largest holdings account for 45% of the portfolio.
Jennison Associates's Q1 2024 filing shows 69 new, 266 increased, 228 reduced and 80 closed positions. Its largest new stake was Walt Disney: 12,181,207 shares worth $1.49B. The largest sale was NVIDIA, an estimated $1.58B.
By sector, the portfolio is most concentrated in Technology at 39% of assets, up from 39% a quarter earlier, followed by Consumer Discretionary and Healthcare.
- Jennison Associates's largest Q1 2024 buy was Walt Disney: 12,181,207 shares worth $1.49B.
- Jennison Associates added most to Broadcom in Q1 2024, an estimated $1.57B increase.
- Jennison Associates's biggest Q1 2024 reduction was NVIDIA, cutting an estimated $1.58B.
- Jennison Associates fully exited Mobileye in Q1 2024, selling an estimated $607M.
- Jennison Associates's ten largest holdings make up 45% of its $150B portfolio in Q1 2024.
- Jennison Associates opened 69 new positions and closed 80 in Q1 2024.
- Jennison Associates's portfolio value rose 11% quarter-over-quarter to $150B.
Based on Jennison Associates's 13F filing for Q1 2024, filed 2 May 2024.