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 |
Broadcom
AVGO
|
+$893M |
| 2 |
Intuitive Surgical
ISRG
|
+$888M |
| 3 |
Microsoft
MSFT
|
+$811M |
| 4 |
SLB Ltd
SLB
|
+$692M |
| 5 |
UnitedHealth
UNH
|
+$609M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$1.77B |
| 2 |
Shopify
SHOP
|
+$1.5B |
| 3 |
XYZ
Block Inc
XYZ
|
+$1.21B |
| 4 |
Sea Limited
SE
|
+$1.15B |
| 5 |
PayPal
PYPL
|
+$863M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 31.48% |
| 2 | Consumer Discretionary | 25.37% |
| 3 | Communication Services | 11.39% |
| 4 | Healthcare | 11.27% |
| 5 | Financials | 7.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
551
Academy Sports + Outdoors
ASO
$2.97B
| $1.05M | ﹤0.01% |
+26,783
| New | +$982K |
|
|
VGR
552
DELISTED
Vector Group Ltd.
VGR
| $1.05M | ﹤0.01% |
+86,997
| New | +$968K |
|
553
Avis
CAR
$4.9B
| $1.03M | ﹤0.01% |
+3,924
| New | +$789K |
|
554
Oceaneering
OII
$4.78B
| $1.03M | ﹤0.01% |
68,109
-55,327
| -45% | -$796K |
|
555
Terreno Realty
TRNO
$7.34B
| $1.03M | ﹤0.01% |
+13,891
| New | +$1.01M |
|
556
Old National Bancorp
ONB
$10.3B
| $1.02M | ﹤0.01% |
+62,263
| New | +$1.13M |
|
557
Editas Medicine
EDIT
$422M
| $1M | ﹤0.01% |
+52,713
| New | +$980K |
|
558
Advanced Micro Devices
AMD
$786B
| $1M | ﹤0.01% |
9,167
+3,007
| +49% | +$359K |
|
559
AMN Healthcare
AMN
$1.29B
| $1M | ﹤0.01% |
9,599
+468
| +5% | +$48.6K |
|
560
Cathay General Bancorp
CATY
$4.29B
| $996K | ﹤0.01% |
+22,263
| New | +$1.02M |
|
561
Regenxbio
RGNX
$672M
| $995K | ﹤0.01% |
+29,991
| New | +$833K |
|
562
AMC Global Media
AMCX
$496M
| $967K | ﹤0.01% |
23,789
-4,955
| -17% | -$200K |
|
563
Sturm, Ruger & Co
RGR
$614M
| $965K | ﹤0.01% |
13,854
-1,868
| -12% | -$129K |
|
564
Knowles
KN
$3.38B
| $942K | ﹤0.01% |
+43,732
| New | +$957K |
|
565
Cohu
COHU
$2.45B
| $935K | ﹤0.01% |
31,585
-3,092
| -9% | -$98.8K |
|
|
BBT
566
Beacon Financial Corp
BBT
$2.68B
| $932K | ﹤0.01% |
32,173
-35,329
| -52% | -$1.06M |
|
567
Werner Enterprises
WERN
$2.27B
| $931K | ﹤0.01% |
+22,699
| New | +$999K |
|
|
AQUA
568
DELISTED
Evoqua Water Technologies Corp. Common Stock
AQUA
| $920K | ﹤0.01% |
+19,579
| New | +$836K |
|
569
SkinHealth Systems
SKIN
$91.4M
| $903K | ﹤0.01% |
+53,482
| New | +$883K |
|
570
New Jersey Resources
NJR
$5.62B
| $897K | ﹤0.01% |
+19,557
| New | +$814K |
|
571
Prothena Corp
PRTA
$444M
| $879K | ﹤0.01% |
24,045
+5,414
| +29% | +$195K |
|
572
Zumiez
ZUMZ
$330M
| $878K | ﹤0.01% |
22,980
+167
| +0.7% | +$7.26K |
|
573
Alkermes
ALKS
$8.32B
| $874K | ﹤0.01% |
+33,220
| New | +$823K |
|
574
Yelp
YELP
$1.46B
| $874K | ﹤0.01% |
25,617
-1,814
| -7% | -$62.3K |
|
575
CBIZ
CBZ
$2.97B
| $873K | ﹤0.01% |
+20,806
| New | +$815K |
|
Similar funds
Jennison Associates's Q1 2022 Portfolio in Review
As of Q1 2022, Jennison Associates held 735 positions worth $136B, down 14% from $158B the previous quarter. Its ten largest holdings account for 42% of the portfolio.
Jennison Associates's Q1 2022 filing shows 82 new, 294 increased, 233 reduced and 110 closed positions. Its largest new stake was Icon: 623,898 shares worth $152M. The largest sale was NVIDIA, an estimated $1.77B.
By sector, the portfolio is most concentrated in Technology at 31% of assets, down from 36% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q1 2022 buy was Icon: 623,898 shares worth $152M.
- Jennison Associates added most to Broadcom in Q1 2022, an estimated $893M increase.
- Jennison Associates's biggest Q1 2022 reduction was NVIDIA, cutting an estimated $1.77B.
- Jennison Associates fully exited Fluence Energy in Q1 2022, selling an estimated $62.9M.
- Jennison Associates's ten largest holdings make up 42% of its $136B portfolio in Q1 2022.
- Jennison Associates opened 82 new positions and closed 110 in Q1 2022.
- Jennison Associates's portfolio value fell 14% quarter-over-quarter to $136B.
Based on Jennison Associates's 13F filing for Q1 2022, filed 11 May 2022.