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 |
Match Group
MTCH
|
+$1.51B |
| 2 |
Peloton Interactive
PTON
|
+$792M |
| 3 |
Twilio
TWLO
|
+$558M |
| 4 |
Teladoc Health
TDOC
|
+$484M |
| 5 |
Visa
V
|
+$365M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alibaba
BABA
|
+$1.24B |
| 2 |
BioMarin Pharmaceuticals
BMRN
|
+$702M |
| 3 |
Microsoft
MSFT
|
+$688M |
| 4 |
Mastercard
MA
|
+$665M |
| 5 |
Boeing
BA
|
+$548M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 33.06% |
| 2 | Consumer Discretionary | 23.86% |
| 3 | Communication Services | 13.34% |
| 4 | Healthcare | 10.36% |
| 5 | Financials | 9.73% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
501
Primoris Services
PRIM
$4.57B
| $1.69M | ﹤0.01% |
+93,691
| New | +$1.66M |
|
502
Best Buy
BBY
$17.1B
| $1.69M | ﹤0.01% |
+15,155
| New | +$1.55M |
|
503
Methode Electronics
MEI
$598M
| $1.67M | ﹤0.01% |
58,720
+8,198
| +16% | +$237K |
|
|
LTC
504
LTC Properties
LTC
$1.99B
| $1.62M | ﹤0.01% |
46,432
+34,776
| +298% | +$1.28M |
|
505
Zumiez
ZUMZ
$333M
| $1.62M | ﹤0.01% |
58,108
+50,694
| +684% | +$1.33M |
|
506
SolarEdge
SEDG
$2.08B
| $1.59M | ﹤0.01% |
6,653
-4,480
| -40% | -$861K |
|
|
PDM
507
Piedmont Realty Trust
PDM
$1.2B
| $1.58M | ﹤0.01% |
116,686
+10,542
| +10% | +$163K |
|
|
MGLN
508
DELISTED
Magellan Health Services, Inc.
MGLN
| $1.58M | ﹤0.01% |
20,848
+13,888
| +200% | +$1.03M |
|
|
TPH
509
DELISTED
Tri Pointe Homes
TPH
| $1.58M | ﹤0.01% |
86,960
+2,700
| +3% | +$45.7K |
|
510
International Bancshares
IBOC
$4.76B
| $1.57M | ﹤0.01% |
60,161
+8,974
| +18% | +$274K |
|
|
DX
511
Dynex Capital
DX
$3.2B
| $1.56M | ﹤0.01% |
+102,489
| New | +$1.57M |
|
|
ARCE
512
DELISTED
Arco Platform Limited Class A Common Shares
ARCE
| $1.56M | ﹤0.01% |
38,178
+6,688
| +21% | +$294K |
|
513
McKesson
MCK
$99.5B
| $1.53M | ﹤0.01% |
10,286
-19,098
| -65% | -$2.9M |
|
|
ONC
514
BeOne Medicines Ltd
ONC
$36.5B
| $1.53M | ﹤0.01% |
5,350
+492
| +10% | +$116K |
|
515
Rollins
ROL
$17.7B
| $1.5M | ﹤0.01% |
+41,523
| New | +$1.44M |
|
|
ATVI
516
DELISTED
Activision Blizzard
ATVI
| $1.49M | ﹤0.01% |
+18,459
| New | +$1.5M |
|
517
Clearwater Paper
CLW
$363M
| $1.49M | ﹤0.01% |
+39,197
| New | +$1.41M |
|
518
Moody's
MCO
$82B
| $1.48M | ﹤0.01% |
+5,103
| New | +$1.46M |
|
|
AMED
519
DELISTED
Amedisys
AMED
| $1.47M | ﹤0.01% |
+6,233
| New | +$1.42M |
|
520
LXP Industrial Trust
LXP
$3.57B
| $1.46M | ﹤0.01% |
27,941
-5,749
| -17% | -$319K |
|
521
Teradyne
TER
$61.5B
| $1.46M | ﹤0.01% |
18,338
-19,763
| -52% | -$1.68M |
|
522
MakeMyTrip
MMYT
$5.66B
| $1.45M | ﹤0.01% |
94,267
+8,557
| +10% | +$136K |
|
523
iShares MSCI ACWI ex US ETF
ACWX
$11.8B
| $1.44M | ﹤0.01% |
+31,328
| New | +$1.44M |
|
524
Fastenal
FAST
$57.9B
| $1.43M | ﹤0.01% |
+63,436
| New | +$1.46M |
|
525
UFP Industries
UFPI
$5.2B
| $1.42M | ﹤0.01% |
25,069
+14,875
| +146% | +$839K |
|
Similar funds
Jennison Associates's Q3 2020 Portfolio in Review
As of Q3 2020, Jennison Associates held 720 positions worth $124B, up 12% from $111B the previous quarter. Its ten largest holdings account for 42% of the portfolio.
Jennison Associates's Q3 2020 filing shows 100 new, 258 increased, 257 reduced and 100 closed positions. Its largest new stake was Peloton Interactive: 10,766,951 shares worth $1.07B. The largest sale was Alibaba, an estimated $1.24B.
By sector, the portfolio is most concentrated in Technology at 33% of assets, up from 32% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q3 2020 buy was Peloton Interactive: 10,766,951 shares worth $1.07B.
- Jennison Associates added most to Match Group in Q3 2020, an estimated $1.51B increase.
- Jennison Associates's biggest Q3 2020 reduction was Alibaba, cutting an estimated $1.24B.
- Jennison Associates fully exited Boeing in Q3 2020, selling an estimated $548M.
- Jennison Associates's ten largest holdings make up 42% of its $124B portfolio in Q3 2020.
- Jennison Associates opened 100 new positions and closed 100 in Q3 2020.
- Jennison Associates's portfolio value rose 12% quarter-over-quarter to $124B.
Based on Jennison Associates's 13F filing for Q3 2020, filed 4 Nov 2020.