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 |
BioNTech
BNTX
|
+$1.21B |
| 2 |
Sea Limited
SE
|
+$842M |
| 3 |
Okta
OKTA
|
+$819M |
| 4 |
XYZ
Block Inc
XYZ
|
+$749M |
| 5 |
Mercado Libre
MELI
|
+$656M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Match Group
MTCH
|
+$929M |
| 2 |
Union Pacific
UNP
|
+$677M |
| 3 |
Spotify
SPOT
|
+$575M |
| 4 |
RingCentral
RNG
|
+$499M |
| 5 |
Amazon
AMZN
|
+$468M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 34.98% |
| 2 | Consumer Discretionary | 23.1% |
| 3 | Communication Services | 15.59% |
| 4 | Healthcare | 8.54% |
| 5 | Financials | 8.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
501
Vale
VALE
$63.1B
| $3.84M | ﹤0.01% |
275,012
-350,558
| -56% | -$6.88M |
|
|
OLK
502
DELISTED
Olink Holding AB (publ) American Depositary Shares
OLK
| $3.74M | ﹤0.01% |
154,183
+98,143
| +175% | +$3.08M |
|
503
Westlake Corp
WLK
$10.3B
| $3.73M | ﹤0.01% |
40,934
-91,826
| -69% | -$7.86M |
|
|
CEQP
504
DELISTED
Crestwood Equity Partners LP
CEQP
| $3.67M | ﹤0.01% |
129,278
-1,265
| -1% | -$35.1K |
|
505
Praxis Precision Medicines
PRAX
$8.64B
| $3.61M | ﹤0.01% |
13,028
-139
| -1% | -$37.7K |
|
|
WCN
506
Waste Connections
WCN
$41.7B
| $3.34M | ﹤0.01% |
26,515
+7,635
| +40% | +$966K |
|
507
iShares Russell 1000 Growth ETF
IWF
$127B
| $3.31M | ﹤0.01% |
+48,352
| New | +$3.42M |
|
508
eBay
EBAY
$48.7B
| $3.26M | ﹤0.01% |
46,812
-46,479
| -50% | -$3.33M |
|
509
Aramark
ARMK
$14.8B
| $3.15M | ﹤0.01% |
132,726
-224,985
| -63% | -$5.57M |
|
510
Fortinet
FTNT
$123B
| $3M | ﹤0.01% |
+51,385
| New | +$2.98M |
|
511
Sibanye-Stillwater
SBSW
$6.77B
| $2.96M | ﹤0.01% |
240,183
+67,165
| +39% | +$1.05M |
|
512
Mettler-Toledo International
MTD
$28.8B
| $2.94M | ﹤0.01% |
2,131
+1,700
| +394% | +$2.56M |
|
513
Valley National Bancorp
VLY
$8.23B
| $2.89M | ﹤0.01% |
216,879
+110,748
| +104% | +$1.43M |
|
514
Dell
DELL
$302B
| $2.79M | ﹤0.01% |
52,920
-38,566
| -42% | -$1.92M |
|
515
Micron Technology
MU
$1.01T
| $2.7M | ﹤0.01% |
+38,005
| New | +$2.85M |
|
516
iShares MSCI ACWI ex US ETF
ACWX
$11.7B
| $2.63M | ﹤0.01% |
+47,521
| New | +$2.71M |
|
517
Gen Digital
GEN
$16.9B
| $2.62M | ﹤0.01% |
103,664
-53,482
| -34% | -$1.39M |
|
518
Yum! Brands
YUM
$40.3B
| $2.6M | ﹤0.01% |
21,235
-9,760
| -31% | -$1.24M |
|
|
KW
519
DELISTED
Kennedy-Wilson Holdings
KW
| $2.45M | ﹤0.01% |
+117,217
| New | +$2.44M |
|
520
HP
HPQ
$26.4B
| $2.45M | ﹤0.01% |
+89,477
| New | +$2.57M |
|
521
Fulton Financial
FULT
$4.76B
| $2.37M | ﹤0.01% |
155,259
+36,064
| +30% | +$558K |
|
522
Methode Electronics
MEI
$536M
| $2.33M | ﹤0.01% |
55,362
+6,711
| +14% | +$308K |
|
523
Ironwood Pharmaceuticals
IRWD
$709M
| $2.31M | ﹤0.01% |
176,657
+61,034
| +53% | +$789K |
|
524
Rapid Micro Biosystems
RPID
$103M
| $2.28M | ﹤0.01% |
+123,605
| New | +$2.55M |
|
525
Ziff Davis
ZD
$2.04B
| $2.26M | ﹤0.01% |
+18,995
| New | +$2.28M |
|
Similar funds
Jennison Associates's Q3 2021 Portfolio in Review
As of Q3 2021, Jennison Associates held 761 positions worth $155B, up 2.5% from $151B the previous quarter. Its ten largest holdings account for 38% of the portfolio.
Jennison Associates's Q3 2021 filing shows 96 new, 254 increased, 288 reduced and 100 closed positions. Its largest new stake was ZoomInfo Technologies: 3,206,107 shares worth $196M. The largest sale was Match Group, an estimated $929M.
By sector, the portfolio is most concentrated in Technology at 35% of assets, up from 35% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q3 2021 buy was ZoomInfo Technologies: 3,206,107 shares worth $196M.
- Jennison Associates added most to BioNTech in Q3 2021, an estimated $1.21B increase.
- Jennison Associates's biggest Q3 2021 reduction was Match Group, cutting an estimated $929M.
- Jennison Associates fully exited Zoom in Q3 2021, selling an estimated $285M.
- Jennison Associates's ten largest holdings make up 38% of its $155B portfolio in Q3 2021.
- Jennison Associates opened 96 new positions and closed 100 in Q3 2021.
- Jennison Associates's portfolio value rose 2.5% quarter-over-quarter to $155B.
Based on Jennison Associates's 13F filing for Q3 2021, filed 9 Nov 2021.