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 |
Amazon
AMZN
|
+$1.63B |
| 2 |
Meta Platforms (Facebook)
META
|
+$798M |
| 3 |
MongoDB
MDB
|
+$663M |
| 4 |
HubSpot
HUBS
|
+$364M |
| 5 |
Arm
ARM
|
+$351M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$2B |
| 2 |
NVIDIA
NVDA
|
+$993M |
| 3 |
S&P Global
SPGI
|
+$603M |
| 4 |
UnitedHealth
UNH
|
+$585M |
| 5 |
DexCom
DXCM
|
+$337M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 36.88% |
| 2 | Consumer Discretionary | 20.92% |
| 3 | Healthcare | 13.78% |
| 4 | Communication Services | 9.74% |
| 5 | Financials | 8.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
EQC
501
DELISTED
Equity Commonwealth
EQC
| $733K | ﹤0.01% |
+39,901
| New | +$774K |
|
|
RC
502
Ready Capital
RC
$276M
| $732K | ﹤0.01% |
72,406
+1,455
| +2% | +$16K |
|
503
NETSCOUT
NTCT
$3.04B
| $727K | ﹤0.01% |
25,929
-1,353
| -5% | -$38.7K |
|
504
Editas Medicine
EDIT
$436M
| $724K | ﹤0.01% |
92,800
-24,981
| -21% | -$214K |
|
505
BellRing Brands
BRBR
$1.47B
| $718K | ﹤0.01% |
17,422
-161
| -0.9% | -$6.17K |
|
|
PCH
506
DELISTED
PotlatchDeltic
PCH
| $717K | ﹤0.01% |
15,790
-6,709
| -30% | -$331K |
|
507
FirstService
FSV
$6.33B
| $707K | ﹤0.01% |
4,858
+100
| +2% | +$15.3K |
|
508
Ironwood Pharmaceuticals
IRWD
$718M
| $686K | ﹤0.01% |
+71,240
| New | +$698K |
|
509
EXL Service
EXLS
$5.11B
| $681K | ﹤0.01% |
24,287
+217
| +0.9% | +$6.35K |
|
510
Radian Group
RDN
$5.2B
| $679K | ﹤0.01% |
+27,030
| New | +$714K |
|
511
Modine Manufacturing
MOD
$10.6B
| $674K | ﹤0.01% |
14,740
-14,443
| -49% | -$606K |
|
|
DO
512
DELISTED
Diamond Offshore Drilling, Inc.
DO
| $670K | ﹤0.01% |
+45,638
| New | +$697K |
|
513
Marten Transport
MRTN
$1.22B
| $666K | ﹤0.01% |
33,797
-17,752
| -34% | -$375K |
|
514
Equinor
EQNR
$91.9B
| $664K | ﹤0.01% |
20,250
+11,752
| +138% | +$364K |
|
515
Hecla Mining
HL
$11.2B
| $657K | ﹤0.01% |
+168,124
| New | +$806K |
|
516
Twist Bioscience
TWST
$7.02B
| $657K | ﹤0.01% |
32,446
-15,158
| -32% | -$333K |
|
517
Sprinklr
CXM
$1.55B
| $656K | ﹤0.01% |
+47,402
| New | +$679K |
|
518
Gray Television
GTN
$442M
| $631K | ﹤0.01% |
91,232
-16,548
| -15% | -$136K |
|
519
Regenxbio
RGNX
$675M
| $623K | ﹤0.01% |
37,866
+334
| +0.9% | +$6.05K |
|
520
Adient
ADNT
$1.61B
| $611K | ﹤0.01% |
+16,650
| New | +$664K |
|
521
Haemonetics
HAE
$3.84B
| $610K | ﹤0.01% |
6,810
-1,786
| -21% | -$159K |
|
|
NEE.PRR
522
DELISTED
NextEra Energy, Inc. 6.926% Corporate Units
NEE.PRR
| $602K | ﹤0.01% |
15,911
-89
| -0.6% | -$3.9K |
|
523
Intellia Therapeutics
NTLA
$1.55B
| $598K | ﹤0.01% |
18,899
+871
| +5% | +$33.8K |
|
524
Sprouts Farmers Market
SFM
$8.01B
| $596K | ﹤0.01% |
+13,928
| New | +$546K |
|
|
AEL
525
DELISTED
American Equity Investment Life Holding Company
AEL
| $596K | ﹤0.01% |
11,106
-6,902
| -38% | -$369K |
|
Similar funds
Jennison Associates's Q3 2023 Portfolio in Review
As of Q3 2023, Jennison Associates held 616 positions worth $118B, down 3.4% from $122B the previous quarter. Its ten largest holdings account for 43% of the portfolio.
Jennison Associates's Q3 2023 filing shows 52 new, 258 increased, 247 reduced and 55 closed positions. Its largest new stake was Arm: 6,352,109 shares worth $340M. The largest sale was Apple, an estimated $2B.
By sector, the portfolio is most concentrated in Technology at 37% of assets, down from 39% a quarter earlier, followed by Consumer Discretionary and Healthcare.
- Jennison Associates's largest Q3 2023 buy was Arm: 6,352,109 shares worth $340M.
- Jennison Associates added most to Amazon in Q3 2023, an estimated $1.63B increase.
- Jennison Associates's biggest Q3 2023 reduction was Apple, cutting an estimated $2B.
- Jennison Associates fully exited Roblox in Q3 2023, selling an estimated $175M.
- Jennison Associates's ten largest holdings make up 43% of its $118B portfolio in Q3 2023.
- Jennison Associates opened 52 new positions and closed 55 in Q3 2023.
- Jennison Associates's portfolio value fell 3.4% quarter-over-quarter to $118B.
Based on Jennison Associates's 13F filing for Q3 2023, filed 31 Oct 2023.