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 |
Airbnb
ABNB
|
+$1.4B |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$715M |
| 3 |
DOCU
DocuSign
DOCU
|
+$707M |
| 4 |
Eli Lilly
LLY
|
+$697M |
| 5 |
CrowdStrike
CRWD
|
+$622M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Peloton Interactive
PTON
|
+$1.3B |
| 2 |
RingCentral
RNG
|
+$869M |
| 3 |
Apple
AAPL
|
+$809M |
| 4 |
FTCH
Farfetch Limited Class A Ordinary Shares
FTCH
|
+$751M |
| 5 |
COUP
Coupa Software Incorporated
COUP
|
+$525M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 34.56% |
| 2 | Consumer Discretionary | 21.74% |
| 3 | Communication Services | 16.85% |
| 4 | Financials | 8.71% |
| 5 | Healthcare | 7.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
501
Genesis Energy
GEL
$1.87B
| $4.71M | ﹤0.01% |
+406,021
| New | +$4.1M |
|
502
Plains All American Pipeline
PAA
$17.3B
| $4.7M | ﹤0.01% |
413,568
+4,814
| +1% | +$49.5K |
|
503
Nexstar Media Group
NXST
$5.82B
| $4.68M | ﹤0.01% |
31,621
+13,598
| +75% | +$2.02M |
|
504
Dell
DELL
$262B
| $4.62M | ﹤0.01% |
+91,486
| New | +$4.59M |
|
505
Rockwell Automation
ROK
$53.4B
| $4.62M | ﹤0.01% |
+16,134
| New | +$4.35M |
|
|
AKYA
506
DELISTED
Akoya BioSciences
AKYA
| $4.58M | ﹤0.01% |
+236,797
| New | +$4.89M |
|
507
ExxonMobil
XOM
$644B
| $4.55M | ﹤0.01% |
72,170
+298
| +0.4% | +$17.8K |
|
508
Morningstar
MORN
$7.22B
| $4.51M | ﹤0.01% |
+17,544
| New | +$4.26M |
|
509
Primerica
PRI
$9.98B
| $4.49M | ﹤0.01% |
29,298
-1,506
| -5% | -$238K |
|
510
First Solar
FSLR
$22.7B
| $4.36M | ﹤0.01% |
+48,167
| New | +$3.81M |
|
511
Gen Digital
GEN
$16.4B
| $4.28M | ﹤0.01% |
+157,146
| New | +$3.91M |
|
512
Antero Midstream
AM
$10.4B
| $4.25M | ﹤0.01% |
409,437
-3,989
| -1% | -$38.1K |
|
513
Hess Midstream
HESM
$5.24B
| $4.12M | ﹤0.01% |
163,209
-1,590
| -1% | -$38.4K |
|
514
HCA Healthcare
HCA
$87.2B
| $4.05M | ﹤0.01% |
19,604
-8,766
| -31% | -$1.79M |
|
515
Shoals Technologies Group
SHLS
$1.47B
| $3.92M | ﹤0.01% |
110,335
+1,553
| +1% | +$46.8K |
|
516
Canadian National Railway
CNI
$76.9B
| $3.92M | ﹤0.01% |
37,110
-7,185
| -16% | -$793K |
|
|
CEQP
517
DELISTED
Crestwood Equity Partners LP
CEQP
| $3.91M | ﹤0.01% |
+130,543
| New | +$3.89M |
|
518
Moderna
MRNA
$21.8B
| $3.85M | ﹤0.01% |
+16,367
| New | +$2.92M |
|
|
OPTU
519
Optimum Communications Inc
OPTU
$298M
| $3.82M | ﹤0.01% |
111,761
+52,861
| +90% | +$1.85M |
|
520
Western Union
WU
$1.99B
| $3.73M | ﹤0.01% |
162,598
+98,304
| +153% | +$2.45M |
|
521
Praxis Precision Medicines
PRAX
$8.58B
| $3.61M | ﹤0.01% |
13,167
| – | – |
|
522
Yum! Brands
YUM
$42.2B
| $3.56M | ﹤0.01% |
30,995
+8,328
| +37% | +$982K |
|
|
RICE
523
DELISTED
Rice Acquisition Corp.
RICE
| $3.53M | ﹤0.01% |
+195,402
| New | +$3.01M |
|
524
Generac Holdings
GNRC
$11.6B
| $3.38M | ﹤0.01% |
8,146
-2,227
| -21% | -$747K |
|
525
Crown Castle
CCI
$33.3B
| $3.36M | ﹤0.01% |
17,199
+2,396
| +16% | +$449K |
|
Similar funds
Jennison Associates's Q2 2021 Portfolio in Review
As of Q2 2021, Jennison Associates held 746 positions worth $151B, up 10% from $137B the previous quarter. Its ten largest holdings account for 38% of the portfolio.
Jennison Associates's Q2 2021 filing shows 85 new, 265 increased, 299 reduced and 81 closed positions. Its largest new stake was dLocal: 2,105,049 shares worth $111M. The largest sale was Peloton Interactive, an estimated $1.3B.
By sector, the portfolio is most concentrated in Technology at 35% of assets, up from 34% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q2 2021 buy was dLocal: 2,105,049 shares worth $111M.
- Jennison Associates added most to Airbnb in Q2 2021, an estimated $1.4B increase.
- Jennison Associates's biggest Q2 2021 reduction was RingCentral, cutting an estimated $869M.
- Jennison Associates fully exited Peloton Interactive in Q2 2021, selling an estimated $1.3B.
- Jennison Associates's ten largest holdings make up 38% of its $151B portfolio in Q2 2021.
- Jennison Associates opened 85 new positions and closed 81 in Q2 2021.
- Jennison Associates's portfolio value rose 10% quarter-over-quarter to $151B.
Based on Jennison Associates's 13F filing for Q2 2021, filed 12 Aug 2021.