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 |
XYZ
Block Inc
XYZ
|
+$1.67B |
| 2 |
Snowflake
SNOW
|
+$1.03B |
| 3 |
Shopify
SHOP
|
+$940M |
| 4 |
TJX Companies
TJX
|
+$933M |
| 5 |
TSMC
TSM
|
+$779M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Tesla
TSLA
|
+$3.39B |
| 2 |
Alibaba
BABA
|
+$1.33B |
| 3 |
AstraZeneca
AZN
|
+$1.12B |
| 4 |
Mastercard
MA
|
+$968M |
| 5 |
Goldman Sachs
GS
|
+$911M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 35.34% |
| 2 | Consumer Discretionary | 23.94% |
| 3 | Communication Services | 14.59% |
| 4 | Financials | 8.49% |
| 5 | Healthcare | 7.96% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
576
Gray Television
GTN
$447M
| $1.13M | ﹤0.01% |
63,104
-877
| -1% | -$13.9K |
|
577
AMN Healthcare
AMN
$1.27B
| $1.12M | ﹤0.01% |
16,422
-4,767
| -22% | -$311K |
|
578
Tronox
TROX
$933M
| $1.12M | ﹤0.01% |
+76,404
| New | +$889K |
|
|
IMTXW
579
DELISTED
Immatics N.V. Warrants
IMTXW
| $1.11M | ﹤0.01% |
386,035
| – | – |
|
580
FormFactor
FORM
$8.92B
| $1.1M | ﹤0.01% |
+25,513
| New | +$922K |
|
581
Werner Enterprises
WERN
$2.27B
| $1.09M | ﹤0.01% |
+27,798
| New | +$1.13M |
|
582
PRA Group
PRAA
$656M
| $1.08M | ﹤0.01% |
27,353
+4,785
| +21% | +$190K |
|
583
Power Integrations
POWI
$3.45B
| $1.06M | ﹤0.01% |
13,006
-22,779
| -64% | -$1.55M |
|
584
Glacier Bancorp
GBCI
$6.51B
| $1.03M | ﹤0.01% |
22,378
-7,100
| -24% | -$287K |
|
585
Essent Group
ESNT
$6.13B
| $990K | ﹤0.01% |
22,907
-656
| -3% | -$28.4K |
|
586
Arcturus Therapeutics
ARCT
$178M
| $961K | ﹤0.01% |
22,143
-973
| -4% | -$65.9K |
|
|
587
PUT
Arcturus Therapeutics
ARCT
$178M
| $954K | ﹤0.01% |
+22,000
| New | +$1.49M |
|
|
SIX
588
DELISTED
Six Flags Entertainment Corp.
SIX
| $950K | ﹤0.01% |
27,849
-20,249
| -42% | -$555K |
|
589
CBIZ
CBZ
$2.97B
| $949K | ﹤0.01% |
35,675
-1,846
| -5% | -$45.4K |
|
590
Malibu Boats
MBUU
$575M
| $937K | ﹤0.01% |
15,010
+2,431
| +19% | +$140K |
|
591
Crocs
CROX
$6.58B
| $916K | ﹤0.01% |
14,625
-13,496
| -48% | -$770K |
|
592
Standard BioTools
LAB
$307M
| $885K | ﹤0.01% |
+147,471
| New | +$969K |
|
593
California Water Service
CWT
$3.08B
| $874K | ﹤0.01% |
+16,170
| New | +$797K |
|
|
CTB
594
DELISTED
Cooper Tire & Rubber Co.
CTB
| $840K | ﹤0.01% |
+20,751
| New | +$791K |
|
595
Dover
DOV
$28.3B
| $836K | ﹤0.01% |
+6,618
| New | +$786K |
|
596
Camping World
CWH
$670M
| $832K | ﹤0.01% |
31,926
+9,160
| +40% | +$268K |
|
|
ECOM
597
DELISTED
CHANNELADVISOR CORPORATION
ECOM
| $826K | ﹤0.01% |
51,676
+15,188
| +42% | +$239K |
|
598
M/I Homes
MHO
$3.81B
| $815K | ﹤0.01% |
+18,401
| New | +$830K |
|
|
TPH
599
DELISTED
Tri Pointe Homes
TPH
| $801K | ﹤0.01% |
46,407
-40,553
| -47% | -$717K |
|
600
Beazer Homes USA
BZH
$931M
| $798K | ﹤0.01% |
52,690
+1,188
| +2% | +$17.1K |
|
Similar funds
Jennison Associates's Q4 2020 Portfolio in Review
As of Q4 2020, Jennison Associates held 734 positions worth $140B, up 13% from $124B the previous quarter. Its ten largest holdings account for 40% of the portfolio.
Jennison Associates's Q4 2020 filing shows 114 new, 205 increased, 311 reduced and 95 closed positions. Its largest new stake was Farfetch Limited Class A Ordinary Shares: 13,694,960 shares worth $874M. The largest sale was Tesla, an estimated $3.39B.
By sector, the portfolio is most concentrated in Technology at 35% of assets, up from 33% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q4 2020 buy was Farfetch Limited Class A Ordinary Shares: 13,694,960 shares worth $874M.
- Jennison Associates added most to Block Inc in Q4 2020, an estimated $1.67B increase.
- Jennison Associates's biggest Q4 2020 reduction was Tesla, cutting an estimated $3.39B.
- Jennison Associates fully exited Immunomedics Inc in Q4 2020, selling an estimated $181M.
- Jennison Associates's ten largest holdings make up 40% of its $140B portfolio in Q4 2020.
- Jennison Associates opened 114 new positions and closed 95 in Q4 2020.
- Jennison Associates's portfolio value rose 13% quarter-over-quarter to $140B.
Based on Jennison Associates's 13F filing for Q4 2020, filed 5 Feb 2021.