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 |
Match Group
MTCH
|
+$1.51B |
| 2 |
Peloton Interactive
PTON
|
+$792M |
| 3 |
Twilio
TWLO
|
+$558M |
| 4 |
Teladoc Health
TDOC
|
+$484M |
| 5 |
Visa
V
|
+$365M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alibaba
BABA
|
+$1.24B |
| 2 |
BioMarin Pharmaceuticals
BMRN
|
+$702M |
| 3 |
Microsoft
MSFT
|
+$688M |
| 4 |
Mastercard
MA
|
+$665M |
| 5 |
Boeing
BA
|
+$548M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 33.06% |
| 2 | Consumer Discretionary | 23.86% |
| 3 | Communication Services | 13.34% |
| 4 | Healthcare | 10.36% |
| 5 | Financials | 9.73% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SIX
551
DELISTED
Six Flags Entertainment Corp.
SIX
| $976K | ﹤0.01% |
48,098
-12,424
| -21% | -$256K |
|
|
BIG
552
DELISTED
Big Lots, Inc.
BIG
| $966K | ﹤0.01% |
21,663
-28
| -0.1% | -$1.26K |
|
553
Illinois Tool Works
ITW
$85.5B
| $953K | ﹤0.01% |
+4,930
| New | +$937K |
|
554
Federated Hermes
FHI
$4.78B
| $950K | ﹤0.01% |
44,188
-62
| -0.1% | -$1.47K |
|
555
Glacier Bancorp
GBCI
$6.51B
| $945K | ﹤0.01% |
+29,478
| New | +$1.02M |
|
556
Patrick Industries
PATK
$2.9B
| $943K | ﹤0.01% |
24,581
+11,012
| +81% | +$441K |
|
557
National Health Investors
NHI
$3.64B
| $930K | ﹤0.01% |
+15,435
| New | +$953K |
|
558
Asbury Automotive
ABG
$3.94B
| $928K | ﹤0.01% |
9,518
-11
| -0.1% | -$1.11K |
|
|
INOV
559
DELISTED
Inovalon Holdings, Inc. Class A Common Stock
INOV
| $926K | ﹤0.01% |
35,005
-1,332
| -4% | -$31.2K |
|
560
PRA Group
PRAA
$672M
| $902K | ﹤0.01% |
+22,568
| New | +$938K |
|
|
TMHC
561
DELISTED
Taylor Morrison
TMHC
| $899K | ﹤0.01% |
36,551
-55
| -0.2% | -$1.3K |
|
562
iShares MSCI ACWI ETF
ACWI
$33.4B
| $896K | ﹤0.01% |
+11,216
| New | +$888K |
|
|
ACH
563
Accendra Health
ACH
$227M
| $885K | ﹤0.01% |
+35,259
| New | +$514K |
|
564
Gray Television
GTN
$441M
| $881K | ﹤0.01% |
+63,981
| New | +$935K |
|
565
Essent Group
ESNT
$6.13B
| $872K | ﹤0.01% |
23,563
+3,452
| +17% | +$123K |
|
566
Boise Cascade
BCC
$2.96B
| $870K | ﹤0.01% |
21,792
+3,222
| +17% | +$140K |
|
|
AQUA
567
DELISTED
Evoqua Water Technologies Corp. Common Stock
AQUA
| $870K | ﹤0.01% |
+40,976
| New | +$817K |
|
568
CBIZ
CBZ
$2.97B
| $858K | ﹤0.01% |
37,521
-38
| -0.1% | -$902 |
|
569
Diamondrock Hospitality Co
DRH
$2.71B
| $840K | ﹤0.01% |
165,659
+40,626
| +32% | +$211K |
|
570
ONE Gas
OGS
$4.97B
| $840K | ﹤0.01% |
12,172
+3,938
| +48% | +$290K |
|
571
Hilltop Holdings
HTH
$2.28B
| $792K | ﹤0.01% |
38,461
-29,371
| -43% | -$570K |
|
|
LMNX
572
DELISTED
Luminex Corp
LMNX
| $779K | ﹤0.01% |
29,668
+7,093
| +31% | +$218K |
|
573
Blackstone Mortgage Trust
BXMT
$2.35B
| $777K | ﹤0.01% |
35,357
-43
| -0.1% | -$1.01K |
|
574
PennyMac Financial
PFSI
$3.94B
| $764K | ﹤0.01% |
13,138
-1,063
| -7% | -$52.7K |
|
575
Sportsman's Warehouse
SPWH
$46M
| $764K | ﹤0.01% |
+53,375
| New | +$821K |
|
Similar funds
Jennison Associates's Q3 2020 Portfolio in Review
As of Q3 2020, Jennison Associates held 720 positions worth $124B, up 12% from $111B the previous quarter. Its ten largest holdings account for 42% of the portfolio.
Jennison Associates's Q3 2020 filing shows 100 new, 258 increased, 257 reduced and 100 closed positions. Its largest new stake was Peloton Interactive: 10,766,951 shares worth $1.07B. The largest sale was Alibaba, an estimated $1.24B.
By sector, the portfolio is most concentrated in Technology at 33% of assets, up from 32% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q3 2020 buy was Peloton Interactive: 10,766,951 shares worth $1.07B.
- Jennison Associates added most to Match Group in Q3 2020, an estimated $1.51B increase.
- Jennison Associates's biggest Q3 2020 reduction was Alibaba, cutting an estimated $1.24B.
- Jennison Associates fully exited Boeing in Q3 2020, selling an estimated $548M.
- Jennison Associates's ten largest holdings make up 42% of its $124B portfolio in Q3 2020.
- Jennison Associates opened 100 new positions and closed 100 in Q3 2020.
- Jennison Associates's portfolio value rose 12% quarter-over-quarter to $124B.
Based on Jennison Associates's 13F filing for Q3 2020, filed 4 Nov 2020.