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 | 34.59% |
| 2 | Consumer Discretionary | 21.74% |
| 3 | Communication Services | 16.85% |
| 4 | Financials | 8.74% |
| 5 | Healthcare | 7.75% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
526
Best Buy
BBY
$19.9B
| $3.31M | ﹤0.01% |
+28,766
| New | +$3.36M |
|
|
KSU
527
DELISTED
Kansas City Southern
KSU
| $3.18M | ﹤0.01% |
11,229
-34,206
| -75% | -$9.87M |
|
|
ABCM
528
DELISTED
Abcam PLC
ABCM
| $3M | ﹤0.01% |
157,759
-279,780
| -64% | -$5.58M |
|
529
Sibanye-Stillwater
SBSW
$8.43B
| $2.9M | ﹤0.01% |
+173,018
| New | +$3.21M |
|
|
SEM
530
DELISTED
Select Medical
SEM
| $2.85M | ﹤0.01% |
125,343
-14,282
| -10% | -$296K |
|
|
KAMN
531
DELISTED
Kaman Corp
KAMN
| $2.62M | ﹤0.01% |
51,912
-163,934
| -76% | -$8.72M |
|
532
Medpace
MEDP
$16.6B
| $2.48M | ﹤0.01% |
14,061
+553
| +4% | +$95.4K |
|
533
New Jersey Resources
NJR
$5.39B
| $2.44M | ﹤0.01% |
61,724
-4,629
| -7% | -$196K |
|
534
Home BancShares
HOMB
$6B
| $2.43M | ﹤0.01% |
98,286
+295
| +0.3% | +$7.96K |
|
535
Methode Electronics
MEI
$522M
| $2.39M | ﹤0.01% |
48,651
-6,083
| -11% | -$284K |
|
536
Herbalife
HLF
$1.26B
| $2.38M | ﹤0.01% |
45,199
-50,746
| -53% | -$2.52M |
|
537
Urban Edge Properties
UE
$2.6B
| $2.37M | ﹤0.01% |
124,099
+2,717
| +2% | +$51.2K |
|
538
3M
MMM
$83.6B
| $2.32M | ﹤0.01% |
+13,988
| New | +$2.33M |
|
539
Axos Financial
AX
$5.29B
| $2.29M | ﹤0.01% |
49,446
-2,038
| -4% | -$95.2K |
|
540
MasTec
MTZ
$19.3B
| $2.27M | ﹤0.01% |
21,404
-882
| -4% | -$95.8K |
|
|
PCH
541
DELISTED
PotlatchDeltic
PCH
| $2.27M | ﹤0.01% |
42,620
+21,620
| +103% | +$1.25M |
|
|
WCN
542
Waste Connections
WCN
$40.2B
| $2.25M | ﹤0.01% |
18,880
-25,542
| -57% | -$3.04M |
|
|
SYKE
543
DELISTED
SYKES Enterprises Inc
SYKE
| $2.22M | ﹤0.01% |
41,422
-1,696
| -4% | -$75.4K |
|
544
Zumiez
ZUMZ
$223M
| $2.19M | ﹤0.01% |
44,784
-1,842
| -4% | -$82.7K |
|
545
UMB Financial
UMBF
$10.6B
| $2.19M | ﹤0.01% |
23,565
-969
| -4% | -$92K |
|
|
CNST
546
DELISTED
Constellation Pharmaceuticals, Inc.
CNST
| $2.09M | ﹤0.01% |
61,895
-1,076,365
| -95% | -$27.4M |
|
547
Cracker Barrel
CBRL
$1.11B
| $2.08M | ﹤0.01% |
+14,025
| New | +$2.26M |
|
548
International Bancshares
IBOC
$4.41B
| $2.08M | ﹤0.01% |
48,481
-1,993
| -4% | -$93.1K |
|
549
Boise Cascade
BCC
$2.63B
| $2.04M | ﹤0.01% |
34,886
+2,544
| +8% | +$165K |
|
550
Buckle
BKE
$2.1B
| $2M | ﹤0.01% |
40,299
-2,311
| -5% | -$98.2K |
|
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.