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 |
Broadcom
AVGO
|
+$893M |
| 2 |
Intuitive Surgical
ISRG
|
+$888M |
| 3 |
Microsoft
MSFT
|
+$811M |
| 4 |
SLB Ltd
SLB
|
+$692M |
| 5 |
UnitedHealth
UNH
|
+$609M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$1.77B |
| 2 |
Shopify
SHOP
|
+$1.5B |
| 3 |
XYZ
Block Inc
XYZ
|
+$1.21B |
| 4 |
Sea Limited
SE
|
+$1.15B |
| 5 |
PayPal
PYPL
|
+$863M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 31.48% |
| 2 | Consumer Discretionary | 25.37% |
| 3 | Communication Services | 11.39% |
| 4 | Healthcare | 11.27% |
| 5 | Financials | 7.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
HA
526
DELISTED
Hawaiian Holdings, Inc.
HA
| $1.35M | ﹤0.01% |
68,468
-32,714
| -32% | -$607K |
|
527
Morningstar
MORN
$7.48B
| $1.34M | ﹤0.01% |
4,903
-5,557
| -53% | -$1.57M |
|
528
Belden
BDC
$5.01B
| $1.33M | ﹤0.01% |
24,063
+172
| +0.7% | +$9.9K |
|
529
Ameris Bancorp
ABCB
$5.97B
| $1.33M | ﹤0.01% |
30,277
+229
| +0.8% | +$11.3K |
|
530
Commercial Metals
CMC
$8.37B
| $1.3M | ﹤0.01% |
31,253
-22,483
| -42% | -$844K |
|
531
Tenet Healthcare
THC
$21.1B
| $1.3M | ﹤0.01% |
15,077
-449
| -3% | -$36.9K |
|
532
Evertec
EVTC
$1.87B
| $1.29M | ﹤0.01% |
31,438
+3,717
| +13% | +$159K |
|
533
Macy's
M
$6.71B
| $1.27M | ﹤0.01% |
52,204
+2,795
| +6% | +$71.6K |
|
534
Atkore
ATKR
$3.16B
| $1.27M | ﹤0.01% |
12,913
-2,111
| -14% | -$219K |
|
|
TWOU
535
DELISTED
2U Inc
TWOU
| $1.21M | ﹤0.01% |
+3,025
| New | +$1.22M |
|
536
SFL Corp
SFL
$1.58B
| $1.2M | ﹤0.01% |
+117,544
| New | +$1.08M |
|
537
AZZ Inc
AZZ
$4.57B
| $1.19M | ﹤0.01% |
24,679
+183
| +0.7% | +$9.06K |
|
|
BAND
538
Bandwidth Inc
BAND
$1.47B
| $1.19M | ﹤0.01% |
36,598
-462,174
| -93% | -$22.1M |
|
539
Casella Waste Systems
CWST
$5.82B
| $1.18M | ﹤0.01% |
+13,494
| New | +$1.08M |
|
540
Halozyme
HALO
$9.87B
| $1.18M | ﹤0.01% |
+29,658
| New | +$1.06M |
|
|
SEM
541
DELISTED
Select Medical
SEM
| $1.17M | ﹤0.01% |
90,383
-46,710
| -34% | -$617K |
|
|
EVRI
542
DELISTED
Everi Holdings
EVRI
| $1.16M | ﹤0.01% |
55,373
+15,487
| +39% | +$330K |
|
543
Methode Electronics
MEI
$613M
| $1.13M | ﹤0.01% |
26,041
-7,857
| -23% | -$352K |
|
|
MDRX
544
DELISTED
Veradigm Inc. Common Stock
MDRX
| $1.13M | ﹤0.01% |
+49,985
| New | +$1.01M |
|
|
BSX.PRA
545
DELISTED
Boston Scientific Corporation 5.50% Mandatory Convertible Preferred Stock, Series A
BSX.PRA
| $1.12M | ﹤0.01% |
9,616
| – | – |
|
546
Herc Holdings
HRI
$5.64B
| $1.1M | ﹤0.01% |
6,598
-318
| -5% | -$50.3K |
|
|
ONEM
547
DELISTED
1Life Healthcare
ONEM
| $1.1M | ﹤0.01% |
+99,498
| New | +$1.11M |
|
|
CHX
548
DELISTED
ChampionX
CHX
| $1.09M | ﹤0.01% |
44,410
-11,756
| -21% | -$272K |
|
|
ELMS
549
DELISTED
Electric Last Mile Solutions, Inc. Class A Common stock
ELMS
| $1.09M | ﹤0.01% |
760,000
-42,061
| -5% | -$137K |
|
550
Extreme Networks
EXTR
$3.43B
| $1.08M | ﹤0.01% |
88,481
+3,077
| +4% | +$38.4K |
|
Similar funds
Jennison Associates's Q1 2022 Portfolio in Review
As of Q1 2022, Jennison Associates held 735 positions worth $136B, down 14% from $158B the previous quarter. Its ten largest holdings account for 42% of the portfolio.
Jennison Associates's Q1 2022 filing shows 82 new, 294 increased, 233 reduced and 110 closed positions. Its largest new stake was Icon: 623,898 shares worth $152M. The largest sale was NVIDIA, an estimated $1.77B.
By sector, the portfolio is most concentrated in Technology at 31% of assets, down from 36% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q1 2022 buy was Icon: 623,898 shares worth $152M.
- Jennison Associates added most to Broadcom in Q1 2022, an estimated $893M increase.
- Jennison Associates's biggest Q1 2022 reduction was NVIDIA, cutting an estimated $1.77B.
- Jennison Associates fully exited Fluence Energy in Q1 2022, selling an estimated $62.9M.
- Jennison Associates's ten largest holdings make up 42% of its $136B portfolio in Q1 2022.
- Jennison Associates opened 82 new positions and closed 110 in Q1 2022.
- Jennison Associates's portfolio value fell 14% quarter-over-quarter to $136B.
Based on Jennison Associates's 13F filing for Q1 2022, filed 11 May 2022.