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 | |
|---|---|---|---|---|---|---|
576
Ambarella
AMBA
$3.59B
| $871K | ﹤0.01% |
8,299
-3,737
| -31% | -$476K |
|
577
GrafTech
EAF
$200M
| $864K | ﹤0.01% |
8,980
-1,233
| -12% | -$128K |
|
578
World Kinect Corp
WKC
$1.97B
| $856K | ﹤0.01% |
+31,661
| New | +$879K |
|
579
Synopsys
SNPS
$76.7B
| $840K | ﹤0.01% |
+2,521
| New | +$787K |
|
580
Datadog
DDOG
$101B
| $830K | ﹤0.01% |
+5,478
| New | +$801K |
|
581
Matador Resources
MTDR
$5.84B
| $821K | ﹤0.01% |
+15,505
| New | +$733K |
|
582
Amkor Technology
AMKR
$13.4B
| $811K | ﹤0.01% |
37,328
+1,566
| +4% | +$35.5K |
|
|
CSGS
583
DELISTED
CSG Systems International
CSGS
| $811K | ﹤0.01% |
+12,752
| New | +$767K |
|
|
ALEX
584
DELISTED
Alexander & Baldwin
ALEX
| $801K | ﹤0.01% |
+34,534
| New | +$796K |
|
585
Newmark Group
NMRK
$2.77B
| $798K | ﹤0.01% |
+50,128
| New | +$817K |
|
586
BILL Holdings
BILL
$4.81B
| $796K | ﹤0.01% |
3,508
-6,680
| -66% | -$1.39M |
|
587
Towne Bank
TOWN
$3.5B
| $786K | ﹤0.01% |
+26,249
| New | +$827K |
|
588
Nexstar Media Group
NXST
$5.8B
| $783K | ﹤0.01% |
4,153
-1,895
| -31% | -$330K |
|
589
T. Rowe Price
TROW
$24.5B
| $783K | ﹤0.01% |
5,180
-9,184
| -64% | -$1.42M |
|
|
DFS
590
DELISTED
Discover Financial Services
DFS
| $772K | ﹤0.01% |
+7,004
| New | +$823K |
|
591
Cadence Design Systems
CDNS
$92.8B
| $770K | ﹤0.01% |
4,682
-6,690
| -59% | -$1.03M |
|
592
FirstService
FSV
$6.35B
| $768K | ﹤0.01% |
5,314
-13,699
| -72% | -$2.08M |
|
593
KLA
KLAC
$252B
| $765K | ﹤0.01% |
+20,890
| New | +$781K |
|
594
Expeditors International
EXPD
$23.7B
| $761K | ﹤0.01% |
+7,375
| New | +$813K |
|
595
Patrick Industries
PATK
$2.9B
| $749K | ﹤0.01% |
18,619
+135
| +0.7% | +$6.22K |
|
596
Pacific Biosciences
PACB
$404M
| $748K | ﹤0.01% |
+82,216
| New | +$947K |
|
597
Zoom
ZM
$29.5B
| $747K | ﹤0.01% |
6,375
+1,451
| +29% | +$197K |
|
598
Keysight
KEYS
$57.4B
| $744K | ﹤0.01% |
4,708
-9,464
| -67% | -$1.58M |
|
599
Charter Communications
CHTR
$18.3B
| $741K | ﹤0.01% |
1,358
-6
| -0.4% | -$3.52K |
|
600
Applied Materials
AMAT
$424B
| $724K | ﹤0.01% |
+5,492
| New | +$756K |
|
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.