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 | |
|---|---|---|---|---|---|---|
|
IRBT
601
DELISTED
iRobot
IRBT
| $1.17M | ﹤0.01% |
9,534
-17
| -0.2% | -$1.93K |
|
602
Kforce
KFRC
$1.04B
| $1.16M | ﹤0.01% |
+21,656
| New | +$1.05M |
|
|
ECOM
603
DELISTED
CHANNELADVISOR CORPORATION
ECOM
| $1.15M | ﹤0.01% |
48,986
-2,690
| -5% | -$59.4K |
|
604
E.W. Scripps
SSP
$265M
| $1.15M | ﹤0.01% |
+59,683
| New | +$1.1M |
|
605
Kraft Heinz
KHC
$30.4B
| $1.14M | ﹤0.01% |
+28,600
| New | +$1.03M |
|
606
Cannae Holdings
CNNE
$656M
| $1.14M | ﹤0.01% |
+28,783
| New | +$1.16M |
|
607
Stride
LRN
$3.5B
| $1.14M | ﹤0.01% |
+37,849
| New | +$983K |
|
|
IMTXW
608
DELISTED
Immatics N.V. Warrants
IMTXW
| $1.14M | ﹤0.01% |
386,035
| – | – |
|
609
Plexus
PLXS
$7.36B
| $1.13M | ﹤0.01% |
12,312
-16,455
| -57% | -$1.4M |
|
610
CBIZ
CBZ
$2.97B
| $1.12M | ﹤0.01% |
34,214
-1,461
| -4% | -$43K |
|
611
FormFactor
FORM
$9.01B
| $1.11M | ﹤0.01% |
24,647
-866
| -3% | -$39.4K |
|
|
PCH
612
DELISTED
PotlatchDeltic
PCH
| $1.11M | ﹤0.01% |
+21,000
| New | +$1.08M |
|
613
H.B. Fuller
FUL
$3.19B
| $1.1M | ﹤0.01% |
+17,463
| New | +$992K |
|
|
CYBR
614
DELISTED
CyberArk
CYBR
| $1.09M | ﹤0.01% |
8,401
-210,457
| -96% | -$31.9M |
|
|
CVSA
615
Covista Inc
CVSA
$4.41B
| $1.08M | ﹤0.01% |
+27,397
| New | +$1.07M |
|
616
Acacia Research
ACTG
$439M
| $1.07M | ﹤0.01% |
+160,783
| New | +$1.01M |
|
617
Camping World
CWH
$669M
| $1.06M | ﹤0.01% |
29,279
-2,647
| -8% | -$94.1K |
|
618
1-800-Flowers.com
FLWS
$265M
| $1.05M | ﹤0.01% |
+37,947
| New | +$1.13M |
|
619
Beazer Homes USA
BZH
$938M
| $1.04M | ﹤0.01% |
49,924
-2,766
| -5% | -$51K |
|
620
Liberty Energy
LBRT
$3.19B
| $1.04M | ﹤0.01% |
91,884
+20,283
| +28% | +$244K |
|
621
Axcelis
ACLS
$4.13B
| $1.03M | ﹤0.01% |
25,089
-23,346
| -48% | -$871K |
|
622
M/I Homes
MHO
$3.84B
| $1.03M | ﹤0.01% |
17,443
-958
| -5% | -$49.7K |
|
623
Southwest Airlines
LUV
$24B
| $1M | ﹤0.01% |
+16,376
| New | +$871K |
|
624
Marten Transport
MRTN
$1.22B
| $985K | ﹤0.01% |
58,019
+19,614
| +51% | +$332K |
|
625
Maximus
MMS
$3.3B
| $983K | ﹤0.01% |
+11,043
| New | +$903K |
|
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.