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 |
Vertex Pharmaceuticals
VRTX
|
+$858M |
| 2 |
Costco
COST
|
+$557M |
| 3 |
UnitedHealth
UNH
|
+$551M |
| 4 |
Atlassian
TEAM
|
+$489M |
| 5 |
Northrop Grumman
NOC
|
+$357M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Nike
NKE
|
+$579M |
| 2 |
TSMC
TSM
|
+$433M |
| 3 |
Airbnb
ABNB
|
+$426M |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$341M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$231M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 27.22% |
| 2 | Consumer Discretionary | 23.3% |
| 3 | Healthcare | 16.47% |
| 4 | Financials | 9.42% |
| 5 | Communication Services | 7.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
526
Steven Madden
SHOO
$3.58B
| $827K | ﹤0.01% |
+31,017
| New | +$976K |
|
|
ITCI
527
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $805K | ﹤0.01% |
17,305
+4,154
| +32% | +$217K |
|
528
Dorian LPG
LPG
$1.86B
| $803K | ﹤0.01% |
59,183
+14,559
| +33% | +$219K |
|
529
Commercial Metals
CMC
$8.03B
| $790K | ﹤0.01% |
+22,258
| New | +$859K |
|
530
Hancock Whitney
HWC
$6.32B
| $771K | ﹤0.01% |
+16,837
| New | +$810K |
|
|
BLUE
531
DELISTED
bluebird bio
BLUE
| $770K | ﹤0.01% |
+6,086
| New | +$689K |
|
532
SFL Corp
SFL
$1.61B
| $768K | ﹤0.01% |
84,306
-23,219
| -22% | -$235K |
|
|
NEX
533
DELISTED
NexTier Oilfield Solutions Inc.
NEX
| $762K | ﹤0.01% |
103,035
+35,534
| +53% | +$311K |
|
534
Axcelis
ACLS
$4.29B
| $759K | ﹤0.01% |
+12,538
| New | +$810K |
|
535
Ethan Allen Interiors
ETD
$608M
| $759K | ﹤0.01% |
35,916
+6,378
| +22% | +$149K |
|
536
Green Brick Partners
GRBK
$3.1B
| $751K | ﹤0.01% |
35,117
-81
| -0.2% | -$2K |
|
537
Amkor Technology
AMKR
$13.9B
| $733K | ﹤0.01% |
43,006
+5,860
| +16% | +$113K |
|
538
Matador Resources
MTDR
$6.06B
| $733K | ﹤0.01% |
14,978
-51
| -0.3% | -$2.75K |
|
539
Flywire
FLYW
$2.13B
| $732K | ﹤0.01% |
31,872
+13,817
| +77% | +$330K |
|
540
8x8 Inc
EGHT
$318M
| $730K | ﹤0.01% |
+211,594
| New | +$1.01M |
|
541
Fastly Inc
FSLY
$3.9B
| $729K | ﹤0.01% |
+79,616
| New | +$848K |
|
542
Delek US
DK
$4.06B
| $726K | ﹤0.01% |
+26,767
| New | +$707K |
|
|
LTC
543
LTC Properties
LTC
$1.97B
| $722K | ﹤0.01% |
+19,271
| New | +$803K |
|
544
NorthWestern Energy
NWE
$4.3B
| $715K | ﹤0.01% |
14,513
-79
| -0.5% | -$4.34K |
|
545
Haemonetics
HAE
$3.88B
| $713K | ﹤0.01% |
+9,628
| New | +$691K |
|
546
Metropolitan Bank Holding Corp
MCB
$1.17B
| $705K | ﹤0.01% |
10,961
-116,136
| -91% | -$8.24M |
|
547
Kraft Heinz
KHC
$31.6B
| $702K | ﹤0.01% |
+21,039
| New | +$782K |
|
548
Marten Transport
MRTN
$1.22B
| $698K | ﹤0.01% |
+36,413
| New | +$729K |
|
549
Cytokinetics
CYTK
$10.7B
| $696K | ﹤0.01% |
+14,358
| New | +$691K |
|
|
CSGS
550
DELISTED
CSG Systems International
CSGS
| $691K | ﹤0.01% |
13,060
-166
| -1% | -$9.67K |
|
Similar funds
Jennison Associates's Q3 2022 Portfolio in Review
As of Q3 2022, Jennison Associates held 689 positions worth $101B, up 0.37% from $100B the previous quarter. Its ten largest holdings account for 40% of the portfolio.
Jennison Associates's Q3 2022 filing shows 75 new, 294 increased, 218 reduced and 90 closed positions. Its largest new stake was T-Mobile US: 1,657,443 shares worth $222M. The largest sale was Nike, an estimated $579M.
By sector, the portfolio is most concentrated in Technology at 27% of assets, down from 28% a quarter earlier, followed by Consumer Discretionary and Healthcare.
- Jennison Associates's largest Q3 2022 buy was T-Mobile US: 1,657,443 shares worth $222M.
- Jennison Associates added most to Vertex Pharmaceuticals in Q3 2022, an estimated $858M increase.
- Jennison Associates's biggest Q3 2022 reduction was Nike, cutting an estimated $579M.
- Jennison Associates fully exited Snap in Q3 2022, selling an estimated $197M.
- Jennison Associates's ten largest holdings make up 40% of its $101B portfolio in Q3 2022.
- Jennison Associates opened 75 new positions and closed 90 in Q3 2022.
- Jennison Associates's portfolio value rose 0.37% quarter-over-quarter to $101B.
Based on Jennison Associates's 13F filing for Q3 2022, filed 1 Nov 2022.