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 |
Snap
SNAP
|
+$2.23B |
| 2 |
Target
TGT
|
+$794M |
| 3 |
Eli Lilly
LLY
|
+$697M |
| 4 |
Mercado Libre
MELI
|
+$619M |
| 5 |
Airbnb
ABNB
|
+$527M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.46B |
| 2 |
Tesla
TSLA
|
+$1.04B |
| 3 |
Teladoc Health
TDOC
|
+$966M |
| 4 |
Home Depot
HD
|
+$741M |
| 5 |
Microsoft
MSFT
|
+$667M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 33.6% |
| 2 | Consumer Discretionary | 22.78% |
| 3 | Communication Services | 16.93% |
| 4 | Financials | 8.37% |
| 5 | Healthcare | 7.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
576
Digital Turbine
APPS
$1.59B
| $1.46M | ﹤0.01% |
18,108
-7,118
| -28% | -$520K |
|
577
Aon
AON
$76.4B
| $1.44M | ﹤0.01% |
+6,273
| New | +$1.38M |
|
578
Amgen
AMGN
$220B
| $1.43M | ﹤0.01% |
+5,754
| New | +$1.37M |
|
579
Community Health Systems
CYH
$416M
| $1.43M | ﹤0.01% |
+105,686
| New | +$1.04M |
|
580
The Ensign Group
ENSG
$10.4B
| $1.42M | ﹤0.01% |
15,126
-1,010
| -6% | -$86.5K |
|
581
MarineMax
HZO
$793M
| $1.41M | ﹤0.01% |
28,523
-7,511
| -21% | -$354K |
|
|
ILPT
582
Industrial Logistics Properties Trust
ILPT
$584M
| $1.37M | ﹤0.01% |
+59,424
| New | +$1.33M |
|
583
Tenet Healthcare
THC
$21.1B
| $1.37M | ﹤0.01% |
+26,308
| New | +$1.33M |
|
584
Hershey
HSY
$36.1B
| $1.37M | ﹤0.01% |
8,635
-676
| -7% | -$102K |
|
585
Werner Enterprises
WERN
$2.27B
| $1.36M | ﹤0.01% |
28,897
+1,099
| +4% | +$47.8K |
|
|
AQUA
586
DELISTED
Evoqua Water Technologies Corp. Common Stock
AQUA
| $1.36M | ﹤0.01% |
51,841
-17,468
| -25% | -$465K |
|
587
Timken Company
TKR
$9.13B
| $1.36M | ﹤0.01% |
16,705
+1,114
| +7% | +$88.9K |
|
588
Tronox
TROX
$933M
| $1.35M | ﹤0.01% |
73,569
-2,835
| -4% | -$49.5K |
|
589
Brookdale Senior Living
BKD
$3.45B
| $1.34M | ﹤0.01% |
222,016
-255,342
| -53% | -$1.37M |
|
|
ISBC
590
DELISTED
Investors Bancorp, Inc.
ISBC
| $1.33M | ﹤0.01% |
90,313
-31,734
| -26% | -$410K |
|
591
Gray Television
GTN
$447M
| $1.31M | ﹤0.01% |
71,115
+8,011
| +13% | +$148K |
|
592
Diamondrock Hospitality Co
DRH
$2.71B
| $1.31M | ﹤0.01% |
126,914
-59,292
| -32% | -$563K |
|
593
BlackLine
BL
$1.79B
| $1.3M | ﹤0.01% |
12,028
-96,959
| -89% | -$12.1M |
|
594
Fulton Financial
FULT
$4.73B
| $1.27M | ﹤0.01% |
+74,604
| New | +$1.15M |
|
|
CHX
595
DELISTED
ChampionX
CHX
| $1.24M | ﹤0.01% |
57,225
-32,372
| -36% | -$629K |
|
596
STAG Industrial
STAG
$7.19B
| $1.24M | ﹤0.01% |
36,948
-31,903
| -46% | -$1.02M |
|
597
Glacier Bancorp
GBCI
$6.51B
| $1.23M | ﹤0.01% |
21,613
-765
| -3% | -$41.3K |
|
598
Northwest Natural Holdings
NWN
$2.08B
| $1.23M | ﹤0.01% |
+22,835
| New | +$1.1M |
|
|
TPH
599
DELISTED
Tri Pointe Homes
TPH
| $1.21M | ﹤0.01% |
59,426
+13,019
| +28% | +$256K |
|
600
Ironwood Pharmaceuticals
IRWD
$683M
| $1.19M | ﹤0.01% |
106,282
-4,572
| -4% | -$48.3K |
|
Similar funds
Jennison Associates's Q1 2021 Portfolio in Review
As of Q1 2021, Jennison Associates held 765 positions worth $137B, down 2.6% from $140B the previous quarter. Its ten largest holdings account for 37% of the portfolio.
Jennison Associates's Q1 2021 filing shows 126 new, 252 increased, 272 reduced and 104 closed positions. Its largest new stake was Snap: 38,849,947 shares worth $2.03B. The largest sale was Apple, an estimated $1.46B.
By sector, the portfolio is most concentrated in Technology at 34% of assets, down from 35% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q1 2021 buy was Snap: 38,849,947 shares worth $2.03B.
- Jennison Associates added most to Target in Q1 2021, an estimated $794M increase.
- Jennison Associates's biggest Q1 2021 reduction was Apple, cutting an estimated $1.46B.
- Jennison Associates fully exited SAP in Q1 2021, selling an estimated $58.7M.
- Jennison Associates's ten largest holdings make up 37% of its $137B portfolio in Q1 2021.
- Jennison Associates opened 126 new positions and closed 104 in Q1 2021.
- Jennison Associates's portfolio value fell 2.6% quarter-over-quarter to $137B.
Based on Jennison Associates's 13F filing for Q1 2021, filed 11 May 2021.