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 |
Snap
SNAP
|
+$2.23B |
| 2 |
Target
TGT
|
+$794M |
| 3 |
Eli Lilly
LLY
|
+$697M |
| 4 |
Mercado Libre
MELI
|
+$619M |
| 5 |
Airbnb
ABNB
|
+$527M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.46B |
| 2 |
Tesla
TSLA
|
+$1.04B |
| 3 |
Teladoc Health
TDOC
|
+$966M |
| 4 |
Home Depot
HD
|
+$741M |
| 5 |
Microsoft
MSFT
|
+$667M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 33.6% |
| 2 | Consumer Discretionary | 22.78% |
| 3 | Communication Services | 16.93% |
| 4 | Financials | 8.37% |
| 5 | Healthcare | 7.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
551
Mettler-Toledo International
MTD
$28.5B
| $1.81M | ﹤0.01% |
+1,566
| New | +$1.81M |
|
552
Advanced Drainage Systems
WMS
$11.5B
| $1.79M | ﹤0.01% |
17,307
+1,989
| +13% | +$194K |
|
553
LyondellBasell Industries
LYB
$19.1B
| $1.77M | ﹤0.01% |
16,970
+3,033
| +22% | +$301K |
|
554
NVR
NVR
$17B
| $1.76M | ﹤0.01% |
+374
| New | +$1.68M |
|
555
Cintas
CTAS
$80.6B
| $1.76M | ﹤0.01% |
+20,612
| New | +$1.74M |
|
|
VIVO
556
DELISTED
Meridian Bioscience Inc
VIVO
| $1.76M | ﹤0.01% |
66,950
-8,118
| -11% | -$193K |
|
557
Ingevity
NGVT
$2.65B
| $1.74M | ﹤0.01% |
+23,094
| New | +$1.68M |
|
|
RPAI
558
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $1.74M | ﹤0.01% |
165,582
-9,098
| -5% | -$92.9K |
|
559
Dollar Tree
DLTR
$24.7B
| $1.69M | ﹤0.01% |
+14,737
| New | +$1.58M |
|
560
Buckle
BKE
$2.34B
| $1.67M | ﹤0.01% |
42,610
-8,725
| -17% | -$329K |
|
561
DaVita
DVA
$12.1B
| $1.62M | ﹤0.01% |
15,072
+1,856
| +14% | +$206K |
|
562
Broadridge
BR
$18.9B
| $1.6M | ﹤0.01% |
+10,442
| New | +$1.54M |
|
563
Western Union
WU
$2.26B
| $1.58M | ﹤0.01% |
+64,294
| New | +$1.51M |
|
|
ATVI
564
DELISTED
Activision Blizzard
ATVI
| $1.55M | ﹤0.01% |
+16,648
| New | +$1.57M |
|
565
Philip Morris
PM
$294B
| $1.54M | ﹤0.01% |
17,369
+8,354
| +93% | +$709K |
|
566
SITE Centers
SITC
$172M
| $1.53M | ﹤0.01% |
+144,569
| New | +$1.39M |
|
567
Zebra Technologies
ZBRA
$17.6B
| $1.52M | ﹤0.01% |
+3,136
| New | +$1.4M |
|
568
Griffon
GFF
$4.72B
| $1.52M | ﹤0.01% |
55,818
-19,910
| -26% | -$492K |
|
569
Arbor Realty Trust
ABR
$965M
| $1.51M | ﹤0.01% |
95,033
-5,201
| -5% | -$80.3K |
|
|
USCR
570
DELISTED
U S Concrete, Inc.
USCR
| $1.5M | ﹤0.01% |
20,425
+2,294
| +13% | +$124K |
|
|
HA
571
DELISTED
Hawaiian Holdings, Inc.
HA
| $1.49M | ﹤0.01% |
+55,743
| New | +$1.32M |
|
572
Clearwater Paper
CLW
$367M
| $1.48M | ﹤0.01% |
39,267
-2,166
| -5% | -$86.4K |
|
573
Teradata
TDC
$2.47B
| $1.48M | ﹤0.01% |
+38,313
| New | +$1.4M |
|
574
Asbury Automotive
ABG
$3.94B
| $1.47M | ﹤0.01% |
7,483
-411
| -5% | -$69.3K |
|
|
AZPN
575
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $1.47M | ﹤0.01% |
+10,176
| New | +$1.47M |
|
Similar funds
Jennison Associates's Q1 2021 Portfolio in Review
As of Q1 2021, Jennison Associates held 765 positions worth $137B, down 2.6% from $140B the previous quarter. Its ten largest holdings account for 37% of the portfolio.
Jennison Associates's Q1 2021 filing shows 126 new, 252 increased, 272 reduced and 104 closed positions. Its largest new stake was Snap: 38,849,947 shares worth $2.03B. The largest sale was Apple, an estimated $1.46B.
By sector, the portfolio is most concentrated in Technology at 34% of assets, down from 35% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q1 2021 buy was Snap: 38,849,947 shares worth $2.03B.
- Jennison Associates added most to Target in Q1 2021, an estimated $794M increase.
- Jennison Associates's biggest Q1 2021 reduction was Apple, cutting an estimated $1.46B.
- Jennison Associates fully exited SAP in Q1 2021, selling an estimated $58.7M.
- Jennison Associates's ten largest holdings make up 37% of its $137B portfolio in Q1 2021.
- Jennison Associates opened 126 new positions and closed 104 in Q1 2021.
- Jennison Associates's portfolio value fell 2.6% quarter-over-quarter to $137B.
Based on Jennison Associates's 13F filing for Q1 2021, filed 11 May 2021.