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 |
Salesforce
CRM
|
+$1.15B |
| 2 |
Snowflake
SNOW
|
+$725M |
| 3 |
Roblox
RBLX
|
+$671M |
| 4 |
Atlassian
TEAM
|
+$520M |
| 5 |
Sea Limited
SE
|
+$466M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Meta Platforms (Facebook)
META
|
+$1.75B |
| 2 |
DOCU
DocuSign
DOCU
|
+$1.48B |
| 3 |
Twilio
TWLO
|
+$985M |
| 4 |
Carvana
CVNA
|
+$937M |
| 5 |
Visa
V
|
+$797M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 35.54% |
| 2 | Consumer Discretionary | 24.29% |
| 3 | Communication Services | 13.9% |
| 4 | Healthcare | 8.84% |
| 5 | Financials | 7.18% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
551
Karyopharm Therapeutics
KPTI
$44.6M
| $1.74M | ﹤0.01% |
18,050
+44
| +0.2% | +$4.38K |
|
552
Gray Television
GTN
$434M
| $1.74M | ﹤0.01% |
86,212
-1,442
| -2% | -$31.9K |
|
553
Atkore
ATKR
$3.16B
| $1.67M | ﹤0.01% |
15,024
-9,067
| -38% | -$921K |
|
554
Medpace
MEDP
$16B
| $1.67M | ﹤0.01% |
+7,668
| New | +$1.61M |
|
|
CIO
555
DELISTED
City Office REIT
CIO
| $1.67M | ﹤0.01% |
+84,557
| New | +$1.55M |
|
556
Methode Electronics
MEI
$499M
| $1.67M | ﹤0.01% |
33,898
-21,464
| -39% | -$966K |
|
557
Spire
SR
$4.73B
| $1.66M | ﹤0.01% |
+25,469
| New | +$1.61M |
|
558
Bath & Body Works
BBWI
$4.23B
| $1.65M | ﹤0.01% |
+23,640
| New | +$1.68M |
|
559
First Bancorp
FBP
$4.43B
| $1.64M | ﹤0.01% |
118,896
+33,453
| +39% | +$460K |
|
560
Terex
TEX
$7.36B
| $1.61M | ﹤0.01% |
36,565
+15,474
| +73% | +$695K |
|
|
DHR.PRA
561
DELISTED
Danaher Corporation 4.75% Mandatory Convertible Preferred Stock, Series A
DHR.PRA
| $1.6M | ﹤0.01% |
+729
| New | +$1.51M |
|
562
A10 Networks
ATEN
$2.16B
| $1.59M | ﹤0.01% |
+95,631
| New | +$1.45M |
|
563
Belden
BDC
$4.8B
| $1.57M | ﹤0.01% |
23,891
+37
| +0.2% | +$2.32K |
|
564
Universal Corp
UVV
$1.3B
| $1.56M | ﹤0.01% |
28,462
-6,660
| -19% | -$332K |
|
565
Caesars Entertainment
CZR
$6.06B
| $1.52M | ﹤0.01% |
16,219
-225
| -1% | -$22.8K |
|
566
Ameris Bancorp
ABCB
$5.92B
| $1.49M | ﹤0.01% |
30,048
-270,970
| -90% | -$14M |
|
567
SiTime
SITM
$16.5B
| $1.49M | ﹤0.01% |
+5,097
| New | +$1.34M |
|
568
Ironwood Pharmaceuticals
IRWD
$728M
| $1.46M | ﹤0.01% |
125,327
-51,330
| -29% | -$630K |
|
|
DENN
569
DELISTED
Denny's
DENN
| $1.45M | ﹤0.01% |
+90,720
| New | +$1.39M |
|
|
TPH
570
DELISTED
Tri Pointe Homes
TPH
| $1.43M | ﹤0.01% |
+51,192
| New | +$1.29M |
|
571
Oceaneering
OII
$4.85B
| $1.4M | ﹤0.01% |
123,436
-3,285
| -3% | -$42.6K |
|
572
Dover
DOV
$27.7B
| $1.39M | ﹤0.01% |
7,663
+1,024
| +15% | +$174K |
|
573
Evertec
EVTC
$1.92B
| $1.39M | ﹤0.01% |
27,721
-17,661
| -39% | -$817K |
|
574
Arista Networks
ANET
$233B
| $1.38M | ﹤0.01% |
38,256
-1,040
| -3% | -$31K |
|
575
Zai Lab
ZLAB
$2.05B
| $1.37M | ﹤0.01% |
21,842
-340,984
| -94% | -$28.9M |
|
Similar funds
Jennison Associates's Q4 2021 Portfolio in Review
As of Q4 2021, Jennison Associates held 746 positions worth $158B, up 2% from $155B the previous quarter. Its ten largest holdings account for 42% of the portfolio.
Jennison Associates withdrew a net $5.22B in Q4 2021, closing 93 positions and reducing 314 holdings. Its most notable exit was DocuSign, an estimated $1.48B position sold in full.
By sector, the portfolio is most concentrated in Technology at 36% of assets, up from 35% a quarter earlier, followed by Consumer Discretionary and Communication Services.
Against the trend, Jennison Associates opened a new position in NXP Semiconductors worth $122M.
- Jennison Associates's largest Q4 2021 buy was NXP Semiconductors: 536,962 shares worth $122M.
- Jennison Associates added most to Salesforce in Q4 2021, an estimated $1.15B increase.
- Jennison Associates's biggest Q4 2021 reduction was Meta Platforms (Facebook), cutting an estimated $1.75B.
- Jennison Associates fully exited DocuSign in Q4 2021, selling an estimated $1.48B.
- Jennison Associates's ten largest holdings make up 42% of its $158B portfolio in Q4 2021.
- Jennison Associates opened 85 new positions and closed 93 in Q4 2021.
- Jennison Associates's portfolio value rose 2% quarter-over-quarter to $158B.
Based on Jennison Associates's 13F filing for Q4 2021, filed 8 Feb 2022.