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 |
Apple
AAPL
|
+$2.13B |
| 2 |
Eaton
ETN
|
+$1.11B |
| 3 |
Analog Devices
ADI
|
+$867M |
| 4 |
Progressive
PGR
|
+$792M |
| 5 |
Datadog
DDOG
|
+$693M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
UnitedHealth
UNH
|
+$1.7B |
| 2 |
NVIDIA
NVDA
|
+$1.45B |
| 3 |
Salesforce
CRM
|
+$1.22B |
| 4 |
Advanced Micro Devices
AMD
|
+$1.2B |
| 5 |
lululemon athletica
LULU
|
+$1.11B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 39.74% |
| 2 | Consumer Discretionary | 15.53% |
| 3 | Communication Services | 13.54% |
| 4 | Healthcare | 12.18% |
| 5 | Financials | 8.09% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
476
Photronics
PLAB
$1.85B
| $1.15M | ﹤0.01% |
46,704
+7,114
| +18% | +$193K |
|
477
SunCoke Energy
SXC
$714M
| $1.15M | ﹤0.01% |
117,414
+1,843
| +2% | +$19K |
|
478
Terex
TEX
$7.36B
| $1.14M | ﹤0.01% |
20,871
-6,040
| -22% | -$358K |
|
479
SM Energy
SM
$7.66B
| $1.11M | ﹤0.01% |
25,627
-2,116
| -8% | -$104K |
|
|
SNCY
480
DELISTED
Sun Country Airlines
SNCY
| $1.1M | ﹤0.01% |
87,273
-133,905
| -61% | -$1.65M |
|
481
Frontdoor
FTDR
$5.34B
| $1.09M | ﹤0.01% |
32,380
+526
| +2% | +$17.7K |
|
|
HTO
482
H2O America
HTO
$2.56B
| $1.09M | ﹤0.01% |
20,163
+264
| +1% | +$14.4K |
|
483
Phillips 66
PSX
$82.7B
| $1.07M | ﹤0.01% |
7,561
-175
| -2% | -$25.9K |
|
484
Syndax Pharmaceuticals
SNDX
$1.7B
| $1.05M | ﹤0.01% |
51,334
+1,164
| +2% | +$24.4K |
|
485
Carvana
CVNA
$72.7B
| $1.05M | ﹤0.01% |
40,935
+450
| +1% | +$9.06K |
|
486
ABM Industries
ABM
$2.86B
| $1.05M | ﹤0.01% |
20,758
+7,810
| +60% | +$364K |
|
487
UFP Industries
UFPI
$5.18B
| $1.04M | ﹤0.01% |
9,327
+120
| +1% | +$13.9K |
|
488
Ethan Allen Interiors
ETD
$598M
| $989K | ﹤0.01% |
35,474
+560
| +2% | +$16.6K |
|
489
Strategy Inc
MSTR
$35.7B
| $970K | ﹤0.01% |
7,040
+2,310
| +49% | +$333K |
|
490
DigitalBridge
DBRG
$2.93B
| $948K | ﹤0.01% |
69,194
+35,449
| +105% | +$534K |
|
491
SITE Centers
SITC
$174M
| $945K | ﹤0.01% |
+83,491
| New | +$918K |
|
|
PDM
492
Piedmont Realty Trust
PDM
$1.24B
| $941K | ﹤0.01% |
129,776
-101,463
| -44% | -$705K |
|
493
Buckle
BKE
$2.37B
| $939K | ﹤0.01% |
25,421
-806
| -3% | -$30.2K |
|
494
Radian Group
RDN
$5.22B
| $937K | ﹤0.01% |
30,142
+4,699
| +18% | +$145K |
|
495
Perdoceo Education
PRDO
$2.04B
| $920K | ﹤0.01% |
42,939
-14,412
| -25% | -$299K |
|
496
Matador Resources
MTDR
$6.06B
| $891K | ﹤0.01% |
14,950
+4,847
| +48% | +$304K |
|
497
ReNew
RNW
$2.29B
| $884K | ﹤0.01% |
141,708
-2,425
| -2% | -$14.6K |
|
498
Intellia Therapeutics
NTLA
$1.5B
| $882K | ﹤0.01% |
39,402
+5,786
| +17% | +$138K |
|
499
Energy Recovery
ERII
$459M
| $872K | ﹤0.01% |
65,611
+954
| +1% | +$13.2K |
|
500
Comfort Systems
FIX
$62.3B
| $870K | ﹤0.01% |
+2,861
| New | +$909K |
|
Similar funds
Jennison Associates's Q2 2024 Portfolio in Review
As of Q2 2024, Jennison Associates held 620 positions worth $156B, up 4.3% from $150B the previous quarter. Its ten largest holdings account for 48% of the portfolio.
Jennison Associates's Q2 2024 filing shows 48 new, 288 increased, 229 reduced and 48 closed positions. Its largest new stake was Analog Devices: 4,062,204 shares worth $927M. The largest sale was UnitedHealth, an estimated $1.7B.
By sector, the portfolio is most concentrated in Technology at 40% of assets, up from 39% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q2 2024 buy was Analog Devices: 4,062,204 shares worth $927M.
- Jennison Associates added most to Apple in Q2 2024, an estimated $2.13B increase.
- Jennison Associates's biggest Q2 2024 reduction was UnitedHealth, cutting an estimated $1.7B.
- Jennison Associates fully exited Estee Lauder in Q2 2024, selling an estimated $291M.
- Jennison Associates's ten largest holdings make up 48% of its $156B portfolio in Q2 2024.
- Jennison Associates opened 48 new positions and closed 48 in Q2 2024.
- Jennison Associates's portfolio value rose 4.3% quarter-over-quarter to $156B.
Based on Jennison Associates's 13F filing for Q2 2024, filed 5 Aug 2024.