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 |
BioNTech
BNTX
|
+$1.21B |
| 2 |
Sea Limited
SE
|
+$842M |
| 3 |
Okta
OKTA
|
+$819M |
| 4 |
XYZ
Block Inc
XYZ
|
+$749M |
| 5 |
Mercado Libre
MELI
|
+$656M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Match Group
MTCH
|
+$929M |
| 2 |
Union Pacific
UNP
|
+$677M |
| 3 |
Spotify
SPOT
|
+$575M |
| 4 |
RingCentral
RNG
|
+$499M |
| 5 |
Amazon
AMZN
|
+$468M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 34.98% |
| 2 | Consumer Discretionary | 23.1% |
| 3 | Communication Services | 15.59% |
| 4 | Healthcare | 8.54% |
| 5 | Financials | 8.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
551
AMN Healthcare
AMN
$1.29B
| $1.81M | ﹤0.01% |
15,744
+1,346
| +9% | +$143K |
|
552
Urban Edge Properties
UE
$2.81B
| $1.79M | ﹤0.01% |
97,727
-26,372
| -21% | -$492K |
|
553
SouthState Bank Corp
SSB
$10.6B
| $1.76M | ﹤0.01% |
+23,632
| New | +$1.68M |
|
554
UFP Industries
UFPI
$5.24B
| $1.75M | ﹤0.01% |
25,664
+2,554
| +11% | +$186K |
|
555
Commercial Metals
CMC
$8.03B
| $1.73M | ﹤0.01% |
+56,712
| New | +$1.81M |
|
556
Universal Corp
UVV
$1.32B
| $1.7M | ﹤0.01% |
+35,122
| New | +$1.78M |
|
557
Oceaneering
OII
$5.02B
| $1.69M | ﹤0.01% |
126,721
+42,586
| +51% | +$555K |
|
558
FirstService
FSV
$6.21B
| $1.68M | ﹤0.01% |
9,295
+6,667
| +254% | +$1.23M |
|
|
IMTXW
559
DELISTED
Immatics N.V. Warrants
IMTXW
| $1.63M | ﹤0.01% |
386,035
| – | – |
|
560
New Jersey Resources
NJR
$5.79B
| $1.63M | ﹤0.01% |
46,755
-14,969
| -24% | -$566K |
|
|
KSU
561
DELISTED
Kansas City Southern
KSU
| $1.58M | ﹤0.01% |
5,855
-5,374
| -48% | -$1.5M |
|
562
HCA Healthcare
HCA
$86.8B
| $1.58M | ﹤0.01% |
6,515
-13,089
| -67% | -$3.2M |
|
563
Karyopharm Therapeutics
KPTI
$44.4M
| $1.57M | ﹤0.01% |
18,006
+9,057
| +101% | +$940K |
|
564
SiteOne Landscape Supply
SITE
$4.42B
| $1.57M | ﹤0.01% |
7,860
+6,261
| +392% | +$1.18M |
|
565
MillerKnoll
MLKN
$1.66B
| $1.55M | ﹤0.01% |
+41,250
| New | +$1.77M |
|
|
BBT
566
Beacon Financial Corp
BBT
$2.71B
| $1.55M | ﹤0.01% |
+57,497
| New | +$1.52M |
|
567
Macy's
M
$6.89B
| $1.55M | ﹤0.01% |
68,389
+24,461
| +56% | +$489K |
|
|
AKYA
568
DELISTED
Akoya BioSciences
AKYA
| $1.54M | ﹤0.01% |
110,183
-126,614
| -53% | -$2.12M |
|
569
KB Home
KBH
$3.56B
| $1.5M | ﹤0.01% |
38,568
| – | – |
|
570
Herc Holdings
HRI
$5.71B
| $1.48M | ﹤0.01% |
9,067
-4,076
| -31% | -$517K |
|
571
LyondellBasell Industries
LYB
$19.7B
| $1.44M | ﹤0.01% |
15,342
| – | – |
|
572
Patrick Industries
PATK
$2.88B
| $1.42M | ﹤0.01% |
25,601
-303
| -1% | -$16.2K |
|
573
Teradata
TDC
$3.24B
| $1.41M | ﹤0.01% |
24,532
-12,665
| -34% | -$653K |
|
574
Belden
BDC
$4.98B
| $1.39M | ﹤0.01% |
23,854
+5,401
| +29% | +$289K |
|
575
3D Systems Corp
DDD
$581M
| $1.36M | ﹤0.01% |
+49,326
| New | +$1.46M |
|
Similar funds
Jennison Associates's Q3 2021 Portfolio in Review
As of Q3 2021, Jennison Associates held 761 positions worth $155B, up 2.5% from $151B the previous quarter. Its ten largest holdings account for 38% of the portfolio.
Jennison Associates's Q3 2021 filing shows 96 new, 254 increased, 288 reduced and 100 closed positions. Its largest new stake was ZoomInfo Technologies: 3,206,107 shares worth $196M. The largest sale was Match Group, an estimated $929M.
By sector, the portfolio is most concentrated in Technology at 35% of assets, up from 35% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q3 2021 buy was ZoomInfo Technologies: 3,206,107 shares worth $196M.
- Jennison Associates added most to BioNTech in Q3 2021, an estimated $1.21B increase.
- Jennison Associates's biggest Q3 2021 reduction was Match Group, cutting an estimated $929M.
- Jennison Associates fully exited Zoom in Q3 2021, selling an estimated $285M.
- Jennison Associates's ten largest holdings make up 38% of its $155B portfolio in Q3 2021.
- Jennison Associates opened 96 new positions and closed 100 in Q3 2021.
- Jennison Associates's portfolio value rose 2.5% quarter-over-quarter to $155B.
Based on Jennison Associates's 13F filing for Q3 2021, filed 9 Nov 2021.