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 |
XYZ
Block Inc
XYZ
|
+$1.67B |
| 2 |
Snowflake
SNOW
|
+$1.03B |
| 3 |
Shopify
SHOP
|
+$940M |
| 4 |
TJX Companies
TJX
|
+$933M |
| 5 |
TSMC
TSM
|
+$779M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$3.39B |
| 2 |
Alibaba
BABA
|
+$1.33B |
| 3 |
AstraZeneca
AZN
|
+$1.12B |
| 4 |
Mastercard
MA
|
+$968M |
| 5 |
Goldman Sachs
GS
|
+$911M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 35.34% |
| 2 | Consumer Discretionary | 23.94% |
| 3 | Communication Services | 14.59% |
| 4 | Financials | 8.49% |
| 5 | Healthcare | 7.96% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
501
PUT
Fate Therapeutics
FATE
$303M
| $2.27M | ﹤0.01% |
+25,000
| New | +$1.55M |
|
502
Plexus
PLXS
$7.35B
| $2.25M | ﹤0.01% |
28,767
+18,132
| +170% | +$1.35M |
|
|
HOLX
503
DELISTED
Hologic
HOLX
| $2.24M | ﹤0.01% |
+30,746
| New | +$2.17M |
|
504
Amkor Technology
AMKR
$13.4B
| $2.23M | ﹤0.01% |
147,913
-11,577
| -7% | -$158K |
|
505
Herc Holdings
HRI
$5.64B
| $2.23M | ﹤0.01% |
+33,600
| New | +$1.81M |
|
506
Hilltop Holdings
HTH
$2.28B
| $2.22M | ﹤0.01% |
80,544
+42,083
| +109% | +$1.01M |
|
507
CNO Financial Group
CNO
$5.16B
| $2.19M | ﹤0.01% |
98,379
-24,838
| -20% | -$506K |
|
508
Cactus
WHD
$5.28B
| $2.18M | ﹤0.01% |
83,743
-9,980
| -11% | -$226K |
|
509
Primoris Services
PRIM
$4.52B
| $2.18M | ﹤0.01% |
78,944
-14,747
| -16% | -$339K |
|
510
Methode Electronics
MEI
$612M
| $2.16M | ﹤0.01% |
56,506
-2,214
| -4% | -$75.7K |
|
511
STAG Industrial
STAG
$7.19B
| $2.16M | ﹤0.01% |
68,851
-9,572
| -12% | -$299K |
|
512
International Bancshares
IBOC
$4.72B
| $2.15M | ﹤0.01% |
57,345
-2,816
| -5% | -$89.3K |
|
|
ESGR
513
DELISTED
Enstar Group
ESGR
| $2.14M | ﹤0.01% |
10,457
-302
| -3% | -$57K |
|
514
Service Corp International
SCI
$11.6B
| $2.14M | ﹤0.01% |
43,541
-2,017
| -4% | -$95.8K |
|
515
Brookdale Senior Living
BKD
$3.45B
| $2.12M | ﹤0.01% |
477,358
-72,066
| -13% | -$266K |
|
516
TriNet
TNET
$3.14B
| $2.05M | ﹤0.01% |
25,392
-8,027
| -24% | -$594K |
|
517
Zumiez
ZUMZ
$330M
| $2.03M | ﹤0.01% |
55,230
-2,878
| -5% | -$97K |
|
518
O-I Glass
OI
$1.15B
| $2.01M | ﹤0.01% |
+169,105
| New | +$1.93M |
|
519
Super Micro Computer
SMCI
$19.6B
| $2M | ﹤0.01% |
+632,510
| New | +$1.78M |
|
520
Medpace
MEDP
$16.4B
| $1.98M | ﹤0.01% |
14,252
+5,393
| +61% | +$680K |
|
|
SYKE
521
DELISTED
SYKES Enterprises Inc
SYKE
| $1.94M | ﹤0.01% |
51,521
-1,761
| -3% | -$65.7K |
|
|
ONC
522
BeOne Medicines Ltd
ONC
$34B
| $1.91M | ﹤0.01% |
7,391
+2,041
| +38% | +$562K |
|
|
AQUA
523
DELISTED
Evoqua Water Technologies Corp. Common Stock
AQUA
| $1.87M | ﹤0.01% |
69,309
+28,333
| +69% | +$703K |
|
524
Johnson & Johnson
JNJ
$621B
| $1.87M | ﹤0.01% |
+11,855
| New | +$1.75M |
|
525
Roku
ROKU
$21.8B
| $1.83M | ﹤0.01% |
+5,526
| New | +$1.45M |
|
Similar funds
Jennison Associates's Q4 2020 Portfolio in Review
As of Q4 2020, Jennison Associates held 734 positions worth $140B, up 13% from $124B the previous quarter. Its ten largest holdings account for 40% of the portfolio.
Jennison Associates's Q4 2020 filing shows 114 new, 205 increased, 311 reduced and 95 closed positions. Its largest new stake was Farfetch Limited Class A Ordinary Shares: 13,694,960 shares worth $874M. The largest sale was Tesla, an estimated $3.39B.
By sector, the portfolio is most concentrated in Technology at 35% of assets, up from 33% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q4 2020 buy was Farfetch Limited Class A Ordinary Shares: 13,694,960 shares worth $874M.
- Jennison Associates added most to Block Inc in Q4 2020, an estimated $1.67B increase.
- Jennison Associates's biggest Q4 2020 reduction was Tesla, cutting an estimated $3.39B.
- Jennison Associates fully exited Immunomedics Inc in Q4 2020, selling an estimated $181M.
- Jennison Associates's ten largest holdings make up 40% of its $140B portfolio in Q4 2020.
- Jennison Associates opened 114 new positions and closed 95 in Q4 2020.
- Jennison Associates's portfolio value rose 13% quarter-over-quarter to $140B.
Based on Jennison Associates's 13F filing for Q4 2020, filed 5 Feb 2021.