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 | 34.59% |
| 2 | Consumer Discretionary | 21.74% |
| 3 | Communication Services | 16.85% |
| 4 | Financials | 8.74% |
| 5 | Healthcare | 7.75% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
601
Beazer Homes USA
BZH
$889M
| $1.26M | ﹤0.01% |
65,400
+15,476
| +31% | +$340K |
|
602
Patrick Industries
PATK
$2.29B
| $1.26M | ﹤0.01% |
25,904
-11,782
| -31% | -$674K |
|
603
Upwork
UPWK
$1.08B
| $1.22M | ﹤0.01% |
20,963
-764
| -4% | -$35.9K |
|
604
Digital Turbine
APPS
$1.38B
| $1.22M | ﹤0.01% |
16,047
-2,061
| -11% | -$147K |
|
605
Matsons
MATX
$7.1B
| $1.21M | ﹤0.01% |
+18,950
| New | +$1.24M |
|
606
Plexus
PLXS
$6.34B
| $1.21M | ﹤0.01% |
13,253
+941
| +8% | +$88.2K |
|
607
Southwest Airlines
LUV
$19B
| $1.2M | ﹤0.01% |
22,617
+6,241
| +38% | +$374K |
|
608
E.W. Scripps
SSP
$292M
| $1.19M | ﹤0.01% |
58,179
-1,504
| -3% | -$31.5K |
|
|
RWT
609
Redwood Trust
RWT
$479M
| $1.16M | ﹤0.01% |
+96,096
| New | +$1.07M |
|
|
ECOM
610
DELISTED
CHANNELADVISOR CORPORATION
ECOM
| $1.15M | ﹤0.01% |
47,055
-1,931
| -4% | -$46.4K |
|
611
The Ensign Group
ENSG
$10.1B
| $1.14M | ﹤0.01% |
13,174
-1,952
| -13% | -$169K |
|
612
Asbury Automotive
ABG
$3.72B
| $1.14M | ﹤0.01% |
6,625
-858
| -11% | -$165K |
|
|
VIVO
613
DELISTED
Meridian Bioscience Inc
VIVO
| $1.13M | ﹤0.01% |
50,708
-16,242
| -24% | -$345K |
|
614
Boyd Gaming
BYD
$5.58B
| $1.12M | ﹤0.01% |
+18,189
| New | +$1.15M |
|
615
Tenable Holdings
TENB
$4.14B
| $1.11M | ﹤0.01% |
+26,738
| New | +$1.08M |
|
|
NXH
616
Neighborhood Intelligence Inc
NXH
$338M
| $1.1M | ﹤0.01% |
13,157
-2,271
| -15% | -$165K |
|
617
Maximus
MMS
$3.09B
| $1.1M | ﹤0.01% |
12,518
+1,475
| +13% | +$135K |
|
618
Ingevity
NGVT
$2.33B
| $1.1M | ﹤0.01% |
13,480
-9,614
| -42% | -$773K |
|
|
VSTO
619
DELISTED
Vista Outdoor Inc.
VSTO
| $1.1M | ﹤0.01% |
+23,678
| New | +$896K |
|
620
CBIZ
CBZ
$2.97B
| $1.09M | ﹤0.01% |
33,391
-823
| -2% | -$27.5K |
|
621
H.B. Fuller
FUL
$2.72B
| $1.07M | ﹤0.01% |
16,770
-693
| -4% | -$46.4K |
|
622
Twist Bioscience
TWST
$8.94B
| $1.06M | ﹤0.01% |
7,936
-94,006
| -92% | -$10.9M |
|
623
Kraft Heinz
KHC
$29B
| $1.05M | ﹤0.01% |
25,855
-2,745
| -10% | -$116K |
|
624
Diamondrock Hospitality Co
DRH
$2.52B
| $1.05M | ﹤0.01% |
108,427
-18,487
| -15% | -$186K |
|
625
FirstEnergy
FE
$26.2B
| $1.05M | ﹤0.01% |
28,155
+10,624
| +61% | +$395K |
|
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.