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 |
XYZ
Block Inc
XYZ
|
+$1.67B |
| 2 |
Snowflake
SNOW
|
+$1.03B |
| 3 |
Shopify
SHOP
|
+$940M |
| 4 |
TJX Companies
TJX
|
+$933M |
| 5 |
TSMC
TSM
|
+$779M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$3.39B |
| 2 |
Alibaba
BABA
|
+$1.33B |
| 3 |
AstraZeneca
AZN
|
+$1.12B |
| 4 |
Mastercard
MA
|
+$968M |
| 5 |
Goldman Sachs
GS
|
+$911M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 35.34% |
| 2 | Consumer Discretionary | 23.94% |
| 3 | Communication Services | 14.59% |
| 4 | Financials | 8.49% |
| 5 | Healthcare | 7.96% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
551
Axcelis
ACLS
$4.2B
| $1.41M | ﹤0.01% |
48,435
-4,621
| -9% | -$120K |
|
552
UFP Industries
UFPI
$5.24B
| $1.41M | ﹤0.01% |
25,385
+316
| +1% | +$17.3K |
|
|
VIVO
553
DELISTED
Meridian Bioscience Inc
VIVO
| $1.4M | ﹤0.01% |
75,068
+2,334
| +3% | +$43.6K |
|
554
MasTec
MTZ
$21.4B
| $1.38M | ﹤0.01% |
+20,231
| New | +$1.13M |
|
|
CHX
555
DELISTED
ChampionX
CHX
| $1.37M | ﹤0.01% |
+89,597
| New | +$995K |
|
|
MAXR
556
DELISTED
Maxar Technologies Inc. Common Stock
MAXR
| $1.36M | ﹤0.01% |
35,304
+4,934
| +16% | +$145K |
|
557
UMB Financial
UMBF
$11.2B
| $1.35M | ﹤0.01% |
19,580
+7,190
| +58% | +$461K |
|
|
ISBC
558
DELISTED
Investors Bancorp, Inc.
ISBC
| $1.29M | ﹤0.01% |
+122,047
| New | +$1.11M |
|
559
Advanced Drainage Systems
WMS
$11.5B
| $1.28M | ﹤0.01% |
+15,318
| New | +$1.09M |
|
|
EBIX
560
DELISTED
Ebix Inc
EBIX
| $1.28M | ﹤0.01% |
+33,686
| New | +$947K |
|
561
LyondellBasell Industries
LYB
$19.1B
| $1.28M | ﹤0.01% |
+13,937
| New | +$1.14M |
|
562
Ironwood Pharmaceuticals
IRWD
$683M
| $1.26M | ﹤0.01% |
110,854
-80,748
| -42% | -$884K |
|
563
MarineMax
HZO
$793M
| $1.26M | ﹤0.01% |
36,034
-2,967
| -8% | -$92.9K |
|
564
New Jersey Resources
NJR
$5.59B
| $1.26M | ﹤0.01% |
35,484
+13,384
| +61% | +$435K |
|
565
Federated Hermes
FHI
$4.78B
| $1.25M | ﹤0.01% |
43,419
-769
| -2% | -$20.5K |
|
566
Southwest Gas
SWX
$6.56B
| $1.25M | ﹤0.01% |
20,618
+11,181
| +118% | +$737K |
|
567
Plug Power
PLUG
$2.93B
| $1.23M | ﹤0.01% |
+36,310
| New | +$822K |
|
|
MIK
568
DELISTED
Michaels Stores, Inc
MIK
| $1.22M | ﹤0.01% |
93,736
+17,563
| +23% | +$179K |
|
569
Four Corners Property Trust
FCPT
$2.77B
| $1.21M | ﹤0.01% |
+40,552
| New | +$1.14M |
|
570
Timken Company
TKR
$9.13B
| $1.21M | ﹤0.01% |
+15,591
| New | +$1.06M |
|
571
The Ensign Group
ENSG
$10.4B
| $1.18M | ﹤0.01% |
+16,136
| New | +$1.07M |
|
572
Simulations Plus
SLP
$371M
| $1.16M | ﹤0.01% |
16,061
-170,221
| -91% | -$11.3M |
|
573
Asbury Automotive
ABG
$3.94B
| $1.15M | ﹤0.01% |
7,894
-1,624
| -17% | -$201K |
|
574
Atkore
ATKR
$3.16B
| $1.14M | ﹤0.01% |
27,768
-50,231
| -64% | -$1.58M |
|
|
NXRT
575
NexPoint Residential Trust
NXRT
$631M
| $1.14M | ﹤0.01% |
26,999
-13,197
| -33% | -$578K |
|
Similar funds
Jennison Associates's Q4 2020 Portfolio in Review
As of Q4 2020, Jennison Associates held 734 positions worth $140B, up 13% from $124B the previous quarter. Its ten largest holdings account for 40% of the portfolio.
Jennison Associates's Q4 2020 filing shows 114 new, 205 increased, 311 reduced and 95 closed positions. Its largest new stake was Farfetch Limited Class A Ordinary Shares: 13,694,960 shares worth $874M. The largest sale was Tesla, an estimated $3.39B.
By sector, the portfolio is most concentrated in Technology at 35% of assets, up from 33% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q4 2020 buy was Farfetch Limited Class A Ordinary Shares: 13,694,960 shares worth $874M.
- Jennison Associates added most to Block Inc in Q4 2020, an estimated $1.67B increase.
- Jennison Associates's biggest Q4 2020 reduction was Tesla, cutting an estimated $3.39B.
- Jennison Associates fully exited Immunomedics Inc in Q4 2020, selling an estimated $181M.
- Jennison Associates's ten largest holdings make up 40% of its $140B portfolio in Q4 2020.
- Jennison Associates opened 114 new positions and closed 95 in Q4 2020.
- Jennison Associates's portfolio value rose 13% quarter-over-quarter to $140B.
Based on Jennison Associates's 13F filing for Q4 2020, filed 5 Feb 2021.