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 |
Snap
SNAP
|
+$2.23B |
| 2 |
Target
TGT
|
+$794M |
| 3 |
Eli Lilly
LLY
|
+$697M |
| 4 |
Mercado Libre
MELI
|
+$619M |
| 5 |
Airbnb
ABNB
|
+$527M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.46B |
| 2 |
Tesla
TSLA
|
+$1.04B |
| 3 |
Teladoc Health
TDOC
|
+$966M |
| 4 |
Home Depot
HD
|
+$741M |
| 5 |
Microsoft
MSFT
|
+$667M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 33.6% |
| 2 | Consumer Discretionary | 22.78% |
| 3 | Communication Services | 16.93% |
| 4 | Financials | 8.37% |
| 5 | Healthcare | 7.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
526
UMB Financial
UMBF
$11.2B
| $2.27M | ﹤0.01% |
24,534
+4,954
| +25% | +$409K |
|
527
Artisan Partners
APAM
$3.04B
| $2.24M | ﹤0.01% |
42,928
-4,454
| -9% | -$227K |
|
528
Medpace
MEDP
$16.4B
| $2.22M | ﹤0.01% |
13,508
-744
| -5% | -$114K |
|
529
Iron Mountain
IRM
$37.8B
| $2.19M | ﹤0.01% |
+59,154
| New | +$1.98M |
|
530
Westlake Corp
WLK
$10.1B
| $2.17M | ﹤0.01% |
+24,466
| New | +$2.12M |
|
|
TLMD
531
DELISTED
SOC Telemed, Inc. Class A Common Stock
TLMD
| $2.15M | ﹤0.01% |
+341,306
| New | +$2.56M |
|
532
Darden Restaurants
DRI
$23.9B
| $2.14M | ﹤0.01% |
+15,066
| New | +$1.98M |
|
533
Patrick Industries
PATK
$2.9B
| $2.14M | ﹤0.01% |
37,686
-389
| -1% | -$20.4K |
|
534
Williams-Sonoma
WSM
$29.2B
| $2.12M | ﹤0.01% |
+23,688
| New | +$1.6M |
|
535
Pool Corp
POOL
$7.51B
| $2.11M | ﹤0.01% |
6,122
-8,163
| -57% | -$2.84M |
|
|
CELL
536
DELISTED
PhenomeX Inc. Common Stock
CELL
| $2.1M | ﹤0.01% |
41,720
-312
| -0.7% | -$21.3K |
|
537
MasTec
MTZ
$21.4B
| $2.09M | ﹤0.01% |
22,286
+2,055
| +10% | +$176K |
|
538
Certara
CERT
$1.25B
| $2.08M | ﹤0.01% |
76,388
-578
| -0.8% | -$19.2K |
|
539
Amkor Technology
AMKR
$13.4B
| $2.06M | ﹤0.01% |
87,048
-60,865
| -41% | -$1.25M |
|
|
OLK
540
DELISTED
Olink Holding AB (publ) American Depositary Shares
OLK
| $2.02M | ﹤0.01% |
+56,040
| New | +$1.89M |
|
541
Urban Edge Properties
UE
$2.78B
| $2M | ﹤0.01% |
+121,382
| New | +$1.91M |
|
542
Zumiez
ZUMZ
$330M
| $2M | ﹤0.01% |
46,626
-8,604
| -16% | -$383K |
|
543
KB Home
KBH
$3.61B
| $1.99M | ﹤0.01% |
42,664
-43,338
| -50% | -$1.79M |
|
544
Boise Cascade
BCC
$2.98B
| $1.94M | ﹤0.01% |
32,342
-1,777
| -5% | -$93.8K |
|
|
OPTU
545
Optimum Communications Inc
OPTU
$307M
| $1.92M | ﹤0.01% |
+58,900
| New | +$2.05M |
|
|
SYKE
546
DELISTED
SYKES Enterprises Inc
SYKE
| $1.9M | ﹤0.01% |
43,118
-8,403
| -16% | -$355K |
|
547
Atkore
ATKR
$3.16B
| $1.89M | ﹤0.01% |
26,323
-1,445
| -5% | -$87.4K |
|
548
Meritage Homes
MTH
$4.88B
| $1.88M | ﹤0.01% |
40,952
-2,254
| -5% | -$97.7K |
|
549
TriNet
TNET
$3.14B
| $1.82M | ﹤0.01% |
23,414
-1,978
| -8% | -$160K |
|
550
UFP Industries
UFPI
$5.24B
| $1.82M | ﹤0.01% |
24,064
-1,321
| -5% | -$82.7K |
|
Similar funds
Jennison Associates's Q1 2021 Portfolio in Review
As of Q1 2021, Jennison Associates held 765 positions worth $137B, down 2.6% from $140B the previous quarter. Its ten largest holdings account for 37% of the portfolio.
Jennison Associates's Q1 2021 filing shows 126 new, 252 increased, 272 reduced and 104 closed positions. Its largest new stake was Snap: 38,849,947 shares worth $2.03B. The largest sale was Apple, an estimated $1.46B.
By sector, the portfolio is most concentrated in Technology at 34% of assets, down from 35% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q1 2021 buy was Snap: 38,849,947 shares worth $2.03B.
- Jennison Associates added most to Target in Q1 2021, an estimated $794M increase.
- Jennison Associates's biggest Q1 2021 reduction was Apple, cutting an estimated $1.46B.
- Jennison Associates fully exited SAP in Q1 2021, selling an estimated $58.7M.
- Jennison Associates's ten largest holdings make up 37% of its $137B portfolio in Q1 2021.
- Jennison Associates opened 126 new positions and closed 104 in Q1 2021.
- Jennison Associates's portfolio value fell 2.6% quarter-over-quarter to $137B.
Based on Jennison Associates's 13F filing for Q1 2021, filed 11 May 2021.