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 |
Ferrari
RACE
|
+$1.18B |
| 2 |
Walmart Inc
WMT
|
+$1.12B |
| 3 |
GE Aerospace
GE
|
+$630M |
| 4 |
DexCom
DXCM
|
+$537M |
| 5 |
Vertex Pharmaceuticals
VRTX
|
+$409M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$1.13B |
| 2 |
Chipotle Mexican Grill
CMG
|
+$907M |
| 3 |
Advanced Micro Devices
AMD
|
+$750M |
| 4 |
Microsoft
MSFT
|
+$654M |
| 5 |
Visa
V
|
+$550M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 36.5% |
| 2 | Consumer Discretionary | 16.21% |
| 3 | Communication Services | 14.22% |
| 4 | Healthcare | 11.56% |
| 5 | Financials | 8.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CHX
526
DELISTED
ChampionX
CHX
| $674K | ﹤0.01% |
22,359
+5,125
| +30% | +$162K |
|
527
Helen of Troy
HELE
$676M
| $674K | ﹤0.01% |
+10,895
| New | +$644K |
|
|
LGF.B
528
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $670K | ﹤0.01% |
+96,879
| New | +$727K |
|
|
IAS
529
DELISTED
Integral Ad Science
IAS
| $665K | ﹤0.01% |
+61,492
| New | +$661K |
|
530
InvenTrust Properties
IVT
$2.66B
| $664K | ﹤0.01% |
+23,400
| New | +$649K |
|
531
Myriad Genetics
MYGN
$289M
| $662K | ﹤0.01% |
+24,162
| New | +$654K |
|
|
SUM
532
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $650K | ﹤0.01% |
+16,666
| New | +$641K |
|
533
Sterling Infrastructure
STRL
$18.8B
| $642K | ﹤0.01% |
4,430
-2,385
| -35% | -$283K |
|
534
Insight Enterprises
NSIT
$3.98B
| $637K | ﹤0.01% |
+2,958
| New | +$609K |
|
535
The GEO Group
GEO
$4.19B
| $630K | ﹤0.01% |
+49,059
| New | +$684K |
|
|
SEM
536
DELISTED
Select Medical
SEM
| $625K | ﹤0.01% |
+33,261
| New | +$637K |
|
537
Interface
TILE
$2.03B
| $611K | ﹤0.01% |
+32,230
| New | +$556K |
|
538
Camtek
CAMT
$6.52B
| $611K | ﹤0.01% |
7,647
-14,426
| -65% | -$1.41M |
|
539
Abbott
ABT
$185B
| $609K | ﹤0.01% |
5,346
-12,427
| -70% | -$1.36M |
|
540
Embecta
EMBC
$221M
| $594K | ﹤0.01% |
+42,152
| New | +$613K |
|
541
PPG Industries
PPG
$25.3B
| $582K | ﹤0.01% |
4,397
-868
| -16% | -$110K |
|
542
Magnolia Oil & Gas
MGY
$5.96B
| $582K | ﹤0.01% |
23,836
+506
| +2% | +$12.7K |
|
543
Coeur Mining
CDE
$16.7B
| $579K | ﹤0.01% |
+84,089
| New | +$524K |
|
544
Onto Innovation
ONTO
$13.4B
| $479K | ﹤0.01% |
2,307
-5,651
| -71% | -$1.14M |
|
545
Vanguard Total World Stock ETF
VT
$79.4B
| $463K | ﹤0.01% |
+3,870
| New | +$445K |
|
546
Kraft Heinz
KHC
$31.6B
| $430K | ﹤0.01% |
12,245
| – | – |
|
547
Kura Sushi USA
KRUS
$580M
| $427K | ﹤0.01% |
5,306
+1,292
| +32% | +$82.1K |
|
548
Arm
ARM
$300B
| $410K | ﹤0.01% |
2,869
-10,835
| -79% | -$1.54M |
|
549
L3Harris
LHX
$51.7B
| $397K | ﹤0.01% |
1,670
+5
| +0.3% | +$1.15K |
|
550
Danaher
DHR
$137B
| $320K | ﹤0.01% |
1,152
-331
| -22% | -$87.6K |
|
Similar funds
Jennison Associates's Q3 2024 Portfolio in Review
As of Q3 2024, Jennison Associates held 655 positions worth $161B, up 3.2% from $156B the previous quarter. Its ten largest holdings account for 46% of the portfolio.
Jennison Associates's Q3 2024 filing shows 83 new, 246 increased, 210 reduced and 97 closed positions. Its largest new stake was NVR: 35,523 shares worth $349M. The largest sale was NVIDIA, an estimated $1.13B.
By sector, the portfolio is most concentrated in Technology at 36% of assets, down from 40% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q3 2024 buy was NVR: 35,523 shares worth $349M.
- Jennison Associates added most to Ferrari in Q3 2024, an estimated $1.18B increase.
- Jennison Associates's biggest Q3 2024 reduction was NVIDIA, cutting an estimated $1.13B.
- Jennison Associates fully exited Chipotle Mexican Grill in Q3 2024, selling an estimated $907M.
- Jennison Associates's ten largest holdings make up 46% of its $161B portfolio in Q3 2024.
- Jennison Associates opened 83 new positions and closed 97 in Q3 2024.
- Jennison Associates's portfolio value rose 3.2% quarter-over-quarter to $161B.
Based on Jennison Associates's 13F filing for Q3 2024, filed 8 Nov 2024.