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 | |
|---|---|---|---|---|---|---|
526
Meritage Homes
MTH
$4.88B
| $1.79M | ﹤0.01% |
43,206
+474
| +1% | +$22.4K |
|
|
LTC
527
LTC Properties
LTC
$1.98B
| $1.76M | ﹤0.01% |
45,140
-1,292
| -3% | -$47.5K |
|
528
Patrick Industries
PATK
$2.9B
| $1.74M | ﹤0.01% |
38,075
+13,494
| +55% | +$572K |
|
529
EQT Corp
EQT
$32B
| $1.7M | ﹤0.01% |
+133,700
| New | +$1.93M |
|
530
Boise Cascade
BCC
$2.98B
| $1.63M | ﹤0.01% |
34,119
+12,327
| +57% | +$535K |
|
531
Moody's
MCO
$83.8B
| $1.6M | ﹤0.01% |
5,498
+395
| +8% | +$110K |
|
532
Primerica
PRI
$10B
| $1.58M | ﹤0.01% |
+11,823
| New | +$1.49M |
|
533
Clearwater Paper
CLW
$367M
| $1.56M | ﹤0.01% |
41,433
+2,236
| +6% | +$83.4K |
|
534
Herbalife
HLF
$1.31B
| $1.56M | ﹤0.01% |
+32,552
| New | +$1.57M |
|
535
DaVita
DVA
$12.1B
| $1.55M | ﹤0.01% |
+13,216
| New | +$1.35M |
|
536
Griffon
GFF
$4.72B
| $1.54M | ﹤0.01% |
+75,728
| New | +$1.63M |
|
537
Valley National Bancorp
VLY
$8.17B
| $1.54M | ﹤0.01% |
157,615
-140,266
| -47% | -$1.22M |
|
538
Diamondrock Hospitality Co
DRH
$2.71B
| $1.54M | ﹤0.01% |
186,206
+20,547
| +12% | +$137K |
|
|
WWE
539
DELISTED
World Wrestling Entertainment
WWE
| $1.53M | ﹤0.01% |
+31,841
| New | +$1.34M |
|
|
SGI
540
Somnigroup International
SGI
$14.6B
| $1.53M | ﹤0.01% |
+56,590
| New | +$1.38M |
|
541
3M
MMM
$93.9B
| $1.53M | ﹤0.01% |
+10,446
| New | +$1.48M |
|
542
Best Buy
BBY
$17.8B
| $1.52M | ﹤0.01% |
15,256
+101
| +0.7% | +$11.3K |
|
543
Gen Digital
GEN
$16.7B
| $1.51M | ﹤0.01% |
72,589
-29,500
| -29% | -$596K |
|
544
Buckle
BKE
$2.34B
| $1.5M | ﹤0.01% |
51,335
-13,008
| -20% | -$352K |
|
|
RPAI
545
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $1.5M | ﹤0.01% |
+174,680
| New | +$1.28M |
|
546
iShares MSCI ACWI ex US ETF
ACWX
$11.8B
| $1.49M | ﹤0.01% |
28,176
-3,152
| -10% | -$156K |
|
547
LXP Industrial Trust
LXP
$3.58B
| $1.44M | ﹤0.01% |
27,163
-778
| -3% | -$41K |
|
548
Digital Turbine
APPS
$1.59B
| $1.43M | ﹤0.01% |
+25,226
| New | +$1.03M |
|
549
Arbor Realty Trust
ABR
$965M
| $1.42M | ﹤0.01% |
100,234
+42,006
| +72% | +$545K |
|
550
Hershey
HSY
$36.1B
| $1.42M | ﹤0.01% |
+9,311
| New | +$1.38M |
|
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.