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 |
Airbnb
ABNB
|
+$1.4B |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$715M |
| 3 |
DOCU
DocuSign
DOCU
|
+$707M |
| 4 |
Eli Lilly
LLY
|
+$697M |
| 5 |
CrowdStrike
CRWD
|
+$622M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Peloton Interactive
PTON
|
+$1.3B |
| 2 |
RingCentral
RNG
|
+$869M |
| 3 |
Apple
AAPL
|
+$809M |
| 4 |
FTCH
Farfetch Limited Class A Ordinary Shares
FTCH
|
+$751M |
| 5 |
COUP
Coupa Software Incorporated
COUP
|
+$525M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 34.56% |
| 2 | Consumer Discretionary | 21.74% |
| 3 | Communication Services | 16.85% |
| 4 | Financials | 8.71% |
| 5 | Healthcare | 7.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
551
Evertec
EVTC
$1.89B
| $2M | ﹤0.01% |
+45,904
| New | +$1.94M |
|
552
Smith & Wesson
SWBI
$648M
| $2M | ﹤0.01% |
57,544
+3,989
| +7% | +$83.5K |
|
553
Automatic Data Processing
ADP
$106B
| $1.94M | ﹤0.01% |
+9,769
| New | +$1.9M |
|
|
OLK
554
DELISTED
Olink Holding AB (publ) American Depositary Shares
OLK
| $1.93M | ﹤0.01% |
56,040
| – | – |
|
555
Gray Television
GTN
$410M
| $1.91M | ﹤0.01% |
81,727
+10,612
| +15% | +$230K |
|
556
Fulton Financial
FULT
$4.67B
| $1.88M | ﹤0.01% |
119,195
+44,591
| +60% | +$759K |
|
557
Primoris Services
PRIM
$4.58B
| $1.88M | ﹤0.01% |
63,822
-5,309
| -8% | -$171K |
|
558
Amkor Technology
AMKR
$12.5B
| $1.87M | ﹤0.01% |
79,096
-7,952
| -9% | -$177K |
|
559
Teradata
TDC
$2.9B
| $1.86M | ﹤0.01% |
37,197
-1,116
| -3% | -$50.8K |
|
560
Advanced Micro Devices
AMD
$796B
| $1.82M | ﹤0.01% |
19,365
-25,907
| -57% | -$2.09M |
|
561
MSCI
MSCI
$42B
| $1.74M | ﹤0.01% |
+3,261
| New | +$1.55M |
|
562
CNO Financial Group
CNO
$5.21B
| $1.73M | ﹤0.01% |
73,303
-29,792
| -29% | -$761K |
|
563
UFP Industries
UFPI
$4.91B
| $1.72M | ﹤0.01% |
23,110
-954
| -4% | -$75.3K |
|
564
Atkore
ATKR
$2.46B
| $1.71M | ﹤0.01% |
24,134
-2,189
| -8% | -$167K |
|
565
T. Rowe Price
TROW
$24.1B
| $1.71M | ﹤0.01% |
8,637
-14,862
| -63% | -$2.78M |
|
566
Caesars Entertainment
CZR
$6.05B
| $1.71M | ﹤0.01% |
+16,444
| New | +$1.66M |
|
|
HA
567
DELISTED
Hawaiian Holdings, Inc.
HA
| $1.68M | ﹤0.01% |
68,907
+13,164
| +24% | +$340K |
|
568
Zebra Technologies
ZBRA
$13.8B
| $1.66M | ﹤0.01% |
3,125
-11
| -0.4% | -$5.48K |
|
569
Waters Corp
WAT
$37B
| $1.64M | ﹤0.01% |
+4,745
| New | +$1.5M |
|
570
Broadridge
BR
$17.8B
| $1.64M | ﹤0.01% |
10,142
-300
| -3% | -$47.9K |
|
571
SITE Centers
SITC
$224M
| $1.63M | ﹤0.01% |
138,842
-5,727
| -4% | -$65.6K |
|
|
RPAI
572
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $1.63M | ﹤0.01% |
142,108
-23,474
| -14% | -$275K |
|
573
Hilltop Holdings
HTH
$2.25B
| $1.62M | ﹤0.01% |
44,620
-24,201
| -35% | -$864K |
|
574
EPAM Systems
EPAM
$5.45B
| $1.62M | ﹤0.01% |
+3,174
| New | +$1.49M |
|
575
Old Dominion Freight Line
ODFL
$44.4B
| $1.61M | ﹤0.01% |
+12,712
| New | +$1.63M |
|
Similar funds
Jennison Associates's Q2 2021 Portfolio in Review
As of Q2 2021, Jennison Associates held 746 positions worth $151B, up 10% from $137B the previous quarter. Its ten largest holdings account for 38% of the portfolio.
Jennison Associates's Q2 2021 filing shows 85 new, 265 increased, 299 reduced and 81 closed positions. Its largest new stake was dLocal: 2,105,049 shares worth $111M. The largest sale was Peloton Interactive, an estimated $1.3B.
By sector, the portfolio is most concentrated in Technology at 35% of assets, up from 34% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q2 2021 buy was dLocal: 2,105,049 shares worth $111M.
- Jennison Associates added most to Airbnb in Q2 2021, an estimated $1.4B increase.
- Jennison Associates's biggest Q2 2021 reduction was RingCentral, cutting an estimated $869M.
- Jennison Associates fully exited Peloton Interactive in Q2 2021, selling an estimated $1.3B.
- Jennison Associates's ten largest holdings make up 38% of its $151B portfolio in Q2 2021.
- Jennison Associates opened 85 new positions and closed 81 in Q2 2021.
- Jennison Associates's portfolio value rose 10% quarter-over-quarter to $151B.
Based on Jennison Associates's 13F filing for Q2 2021, filed 12 Aug 2021.