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 |
Airbnb
ABNB
|
+$1.4B |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$715M |
| 3 |
DOCU
DocuSign
DOCU
|
+$707M |
| 4 |
Eli Lilly
LLY
|
+$697M |
| 5 |
CrowdStrike
CRWD
|
+$622M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Peloton Interactive
PTON
|
+$1.3B |
| 2 |
RingCentral
RNG
|
+$869M |
| 3 |
Apple
AAPL
|
+$809M |
| 4 |
FTCH
Farfetch Limited Class A Ordinary Shares
FTCH
|
+$751M |
| 5 |
COUP
Coupa Software Incorporated
COUP
|
+$525M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 34.56% |
| 2 | Consumer Discretionary | 21.74% |
| 3 | Communication Services | 16.85% |
| 4 | Financials | 8.71% |
| 5 | Healthcare | 7.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
576
Copart
CPRT
$27.4B
| $1.58M | ﹤0.01% |
+48,088
| New | +$1.49M |
|
577
West Pharmaceutical
WST
$23.9B
| $1.58M | ﹤0.01% |
4,403
-12,941
| -75% | -$4.28M |
|
578
LyondellBasell Industries
LYB
$19.5B
| $1.58M | ﹤0.01% |
15,342
-1,628
| -10% | -$176K |
|
579
Accenture
ACN
$99.9B
| $1.57M | ﹤0.01% |
5,343
-11,318
| -68% | -$3.24M |
|
580
Northwest Natural Holdings
NWN
$2.11B
| $1.57M | ﹤0.01% |
29,986
+7,151
| +31% | +$387K |
|
581
KB Home
KBH
$3.45B
| $1.57M | ﹤0.01% |
38,568
-4,096
| -10% | -$189K |
|
582
Aon
AON
$77.8B
| $1.55M | ﹤0.01% |
6,514
+241
| +4% | +$58.9K |
|
583
Amgen
AMGN
$209B
| $1.55M | ﹤0.01% |
6,357
+603
| +10% | +$148K |
|
584
Dollar Tree
DLTR
$24.7B
| $1.52M | ﹤0.01% |
15,264
+527
| +4% | +$57.3K |
|
585
Tenet Healthcare
THC
$20.3B
| $1.5M | ﹤0.01% |
22,324
-3,984
| -15% | -$247K |
|
586
Community Health Systems
CYH
$391M
| $1.49M | ﹤0.01% |
96,379
-9,307
| -9% | -$126K |
|
587
Ironwood Pharmaceuticals
IRWD
$614M
| $1.49M | ﹤0.01% |
115,623
+9,341
| +9% | +$107K |
|
|
AZPN
588
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $1.49M | ﹤0.01% |
10,798
+622
| +6% | +$85.5K |
|
589
Herc Holdings
HRI
$4.88B
| $1.47M | ﹤0.01% |
13,143
-11,348
| -46% | -$1.2M |
|
590
Landstar System
LSTR
$5.75B
| $1.43M | ﹤0.01% |
+9,044
| New | +$1.52M |
|
591
Valley National Bancorp
VLY
$7.92B
| $1.43M | ﹤0.01% |
+106,131
| New | +$1.48M |
|
592
AMN Healthcare
AMN
$1.35B
| $1.4M | ﹤0.01% |
+14,398
| New | +$1.25M |
|
593
Griffon
GFF
$4.03B
| $1.39M | ﹤0.01% |
54,389
-1,429
| -3% | -$38.1K |
|
594
Plug Power
PLUG
$2.92B
| $1.39M | ﹤0.01% |
40,533
-402,754
| -91% | -$11.7M |
|
595
Karyopharm Therapeutics
KPTI
$159M
| $1.39M | ﹤0.01% |
8,949
+3,190
| +55% | +$463K |
|
596
TriNet
TNET
$3.29B
| $1.38M | ﹤0.01% |
19,088
-4,326
| -18% | -$335K |
|
597
LXP Industrial Trust
LXP
$3.58B
| $1.33M | ﹤0.01% |
+22,306
| New | +$1.36M |
|
|
IMTXW
598
DELISTED
Immatics N.V. Warrants
IMTXW
| $1.33M | ﹤0.01% |
386,035
| – | – |
|
599
Oceaneering
OII
$4.74B
| $1.31M | ﹤0.01% |
84,135
+5,264
| +7% | +$73.4K |
|
600
Kforce
KFRC
$1.02B
| $1.31M | ﹤0.01% |
20,798
-858
| -4% | -$50.8K |
|
Similar funds
Jennison Associates's Q2 2021 Portfolio in Review
As of Q2 2021, Jennison Associates held 746 positions worth $151B, up 10% from $137B the previous quarter. Its ten largest holdings account for 38% of the portfolio.
Jennison Associates's Q2 2021 filing shows 85 new, 265 increased, 299 reduced and 81 closed positions. Its largest new stake was dLocal: 2,105,049 shares worth $111M. The largest sale was Peloton Interactive, an estimated $1.3B.
By sector, the portfolio is most concentrated in Technology at 35% of assets, up from 34% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q2 2021 buy was dLocal: 2,105,049 shares worth $111M.
- Jennison Associates added most to Airbnb in Q2 2021, an estimated $1.4B increase.
- Jennison Associates's biggest Q2 2021 reduction was RingCentral, cutting an estimated $869M.
- Jennison Associates fully exited Peloton Interactive in Q2 2021, selling an estimated $1.3B.
- Jennison Associates's ten largest holdings make up 38% of its $151B portfolio in Q2 2021.
- Jennison Associates opened 85 new positions and closed 81 in Q2 2021.
- Jennison Associates's portfolio value rose 10% quarter-over-quarter to $151B.
Based on Jennison Associates's 13F filing for Q2 2021, filed 12 Aug 2021.