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 |
Match Group
MTCH
|
+$1.51B |
| 2 |
Peloton Interactive
PTON
|
+$792M |
| 3 |
Twilio
TWLO
|
+$558M |
| 4 |
Teladoc Health
TDOC
|
+$484M |
| 5 |
Visa
V
|
+$365M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alibaba
BABA
|
+$1.24B |
| 2 |
BioMarin Pharmaceuticals
BMRN
|
+$702M |
| 3 |
Microsoft
MSFT
|
+$688M |
| 4 |
Mastercard
MA
|
+$665M |
| 5 |
Boeing
BA
|
+$548M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 33.06% |
| 2 | Consumer Discretionary | 23.86% |
| 3 | Communication Services | 13.34% |
| 4 | Healthcare | 10.36% |
| 5 | Financials | 9.73% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
MNTA
601
DELISTED
Momenta Pharmaceuticals, Inc.
MNTA
| $583K | ﹤0.01% |
11,116
-595,778
| -98% | -$24.7M |
|
602
Black Hills Corp
BKH
$5.54B
| $567K | ﹤0.01% |
10,600
+352
| +3% | +$20.1K |
|
603
TJX Companies
TJX
$179B
| $560K | ﹤0.01% |
10,058
+1,403
| +16% | +$75.6K |
|
604
American Express
AXP
$231B
| $558K | ﹤0.01% |
5,570
-25,071
| -82% | -$2.47M |
|
|
ECOM
605
DELISTED
CHANNELADVISOR CORPORATION
ECOM
| $528K | ﹤0.01% |
+36,488
| New | +$605K |
|
606
Rio Tinto
RIO
$162B
| $514K | ﹤0.01% |
8,511
-71
| -0.8% | -$4.35K |
|
607
McGrath RentCorp
MGRC
$2.97B
| $501K | ﹤0.01% |
+8,415
| New | +$507K |
|
|
CADE
608
DELISTED
Cadence Bank
CADE
| $495K | ﹤0.01% |
25,538
-33
| -0.1% | -$705 |
|
|
EGIO
609
DELISTED
Edgio, Inc. Common Stock
EGIO
| $494K | ﹤0.01% |
2,146
-2
| -0.1% | -$501 |
|
610
Qualys
QLYS
$6.29B
| $491K | ﹤0.01% |
5,014
-6
| -0.1% | -$642 |
|
|
BMCH
611
DELISTED
BMC Stock Holdings, Inc
BMCH
| $485K | ﹤0.01% |
11,331
-18,322
| -62% | -$603K |
|
612
Cue Biopharma
CUE
$113M
| $450K | ﹤0.01% |
996
-1
| -0.1% | -$576 |
|
613
Intuit
INTU
$88.1B
| $446K | ﹤0.01% |
1,366
-1,211
| -47% | -$379K |
|
614
Commercial Metals
CMC
$8.15B
| $400K | ﹤0.01% |
+20,044
| New | +$417K |
|
615
Stryker
SYK
$129B
| $365K | ﹤0.01% |
1,751
-1,765
| -50% | -$343K |
|
616
Keysight
KEYS
$57.6B
| $318K | ﹤0.01% |
3,221
-1,258
| -28% | -$124K |
|
617
Vanguard Morningstar Growth ETF
VUG
$229B
| $264K | ﹤0.01% |
6,960
-384
| -5% | -$14.2K |
|
618
Cogent Communications
CCOI
$546M
| $256K | ﹤0.01% |
4,263
-1,786
| -30% | -$130K |
|
619
State Street Energy Select Sector SPDR ETF
XLE
$38.1B
| $254K | ﹤0.01% |
16,972
+910
| +6% | +$16.2K |
|
620
Sysco
SYY
$40.4B
| $248K | ﹤0.01% |
3,993
-1,842
| -32% | -$107K |
|
621
Arbutus Biopharma
ABUS
$897M
| – | – |
-339,639
| Closed | -$618K |
|
622
Akebia Therapeutics
AKBA
$256M
| – | – |
-36,934
| Closed | -$502K |
|
623
Aramark
ARMK
$14.8B
| – | – |
-141,148
| Closed | -$2.3M |
|
624
Atmos Energy
ATO
$28.7B
| – | – |
-493,257
| Closed | -$49.1M |
|
625
Avista
AVA
$3.22B
| – | – |
-10,971
| Closed | -$399K |
|
Similar funds
Jennison Associates's Q3 2020 Portfolio in Review
As of Q3 2020, Jennison Associates held 720 positions worth $124B, up 12% from $111B the previous quarter. Its ten largest holdings account for 42% of the portfolio.
Jennison Associates's Q3 2020 filing shows 100 new, 258 increased, 257 reduced and 100 closed positions. Its largest new stake was Peloton Interactive: 10,766,951 shares worth $1.07B. The largest sale was Alibaba, an estimated $1.24B.
By sector, the portfolio is most concentrated in Technology at 33% of assets, up from 32% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q3 2020 buy was Peloton Interactive: 10,766,951 shares worth $1.07B.
- Jennison Associates added most to Match Group in Q3 2020, an estimated $1.51B increase.
- Jennison Associates's biggest Q3 2020 reduction was Alibaba, cutting an estimated $1.24B.
- Jennison Associates fully exited Boeing in Q3 2020, selling an estimated $548M.
- Jennison Associates's ten largest holdings make up 42% of its $124B portfolio in Q3 2020.
- Jennison Associates opened 100 new positions and closed 100 in Q3 2020.
- Jennison Associates's portfolio value rose 12% quarter-over-quarter to $124B.
Based on Jennison Associates's 13F filing for Q3 2020, filed 4 Nov 2020.