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 |
BioNTech
BNTX
|
+$1.21B |
| 2 |
Sea Limited
SE
|
+$842M |
| 3 |
Okta
OKTA
|
+$819M |
| 4 |
XYZ
Block Inc
XYZ
|
+$749M |
| 5 |
Mercado Libre
MELI
|
+$656M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Match Group
MTCH
|
+$929M |
| 2 |
Union Pacific
UNP
|
+$677M |
| 3 |
Spotify
SPOT
|
+$575M |
| 4 |
RingCentral
RNG
|
+$499M |
| 5 |
Amazon
AMZN
|
+$468M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 34.98% |
| 2 | Consumer Discretionary | 23.1% |
| 3 | Communication Services | 15.59% |
| 4 | Healthcare | 8.54% |
| 5 | Financials | 8.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
601
Generac Holdings
GNRC
$12.9B
| $1.05M | ﹤0.01% |
2,560
-5,586
| -69% | -$2.39M |
|
602
Shutterstock
SSTK
$220M
| $1.03M | ﹤0.01% |
+9,135
| New | +$987K |
|
603
Dover
DOV
$28.3B
| $1.03M | ﹤0.01% |
6,639
+228
| +4% | +$37.8K |
|
604
Maximus
MMS
$3.33B
| $1.03M | ﹤0.01% |
12,373
-145
| -1% | -$12.4K |
|
605
Murphy Oil
MUR
$5.5B
| $1.02M | ﹤0.01% |
+40,993
| New | +$884K |
|
606
Prothena Corp
PRTA
$444M
| $1.02M | ﹤0.01% |
+14,271
| New | +$886K |
|
607
Automatic Data Processing
ADP
$108B
| $1.02M | ﹤0.01% |
5,083
-4,686
| -48% | -$965K |
|
608
FirstEnergy
FE
$27.9B
| $1M | ﹤0.01% |
28,155
| – | – |
|
609
Endava
DAVA
$163M
| $996K | ﹤0.01% |
7,332
+5,166
| +239% | +$667K |
|
|
ACH
610
Accendra Health
ACH
$224M
| $985K | ﹤0.01% |
+31,484
| New | +$1.24M |
|
611
Hilltop Holdings
HTH
$2.29B
| $974K | ﹤0.01% |
29,809
-14,811
| -33% | -$491K |
|
612
California Water Service
CWT
$3.11B
| $971K | ﹤0.01% |
+16,471
| New | +$1.01M |
|
613
ABM Industries
ABM
$2.88B
| $970K | ﹤0.01% |
+21,543
| New | +$997K |
|
614
Floor & Decor
FND
$6.47B
| $970K | ﹤0.01% |
+8,028
| New | +$958K |
|
|
TRTN
615
DELISTED
Triton International Limited
TRTN
| $959K | ﹤0.01% |
+18,431
| New | +$958K |
|
616
AutoZone
AZO
$49.4B
| $954K | ﹤0.01% |
+562
| New | +$901K |
|
617
Urban Outfitters
URBN
$6.75B
| $946K | ﹤0.01% |
+31,861
| New | +$1.14M |
|
618
Kite Realty
KRG
$5.59B
| $941K | ﹤0.01% |
+46,219
| New | +$938K |
|
619
Pediatrix Medical
MD
$2.03B
| $941K | ﹤0.01% |
+33,111
| New | +$1.01M |
|
620
Community Health Systems
CYH
$417M
| $938K | ﹤0.01% |
80,204
-16,175
| -17% | -$211K |
|
621
M/I Homes
MHO
$3.8B
| $938K | ﹤0.01% |
16,221
-191
| -1% | -$11.7K |
|
622
EPAM Systems
EPAM
$5.86B
| $927K | ﹤0.01% |
1,625
-1,549
| -49% | -$911K |
|
623
MarineMax
HZO
$794M
| $915K | ﹤0.01% |
18,856
-222
| -1% | -$11.1K |
|
|
OPTU
624
Optimum Communications Inc
OPTU
$346M
| $912K | ﹤0.01% |
44,032
-67,729
| -61% | -$1.97M |
|
625
Omnicell
OMCL
$1.69B
| $910K | ﹤0.01% |
+6,130
| New | +$939K |
|
Similar funds
Jennison Associates's Q3 2021 Portfolio in Review
As of Q3 2021, Jennison Associates held 761 positions worth $155B, up 2.5% from $151B the previous quarter. Its ten largest holdings account for 38% of the portfolio.
Jennison Associates's Q3 2021 filing shows 96 new, 254 increased, 288 reduced and 100 closed positions. Its largest new stake was ZoomInfo Technologies: 3,206,107 shares worth $196M. The largest sale was Match Group, an estimated $929M.
By sector, the portfolio is most concentrated in Technology at 35% of assets, up from 35% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q3 2021 buy was ZoomInfo Technologies: 3,206,107 shares worth $196M.
- Jennison Associates added most to BioNTech in Q3 2021, an estimated $1.21B increase.
- Jennison Associates's biggest Q3 2021 reduction was Match Group, cutting an estimated $929M.
- Jennison Associates fully exited Zoom in Q3 2021, selling an estimated $285M.
- Jennison Associates's ten largest holdings make up 38% of its $155B portfolio in Q3 2021.
- Jennison Associates opened 96 new positions and closed 100 in Q3 2021.
- Jennison Associates's portfolio value rose 2.5% quarter-over-quarter to $155B.
Based on Jennison Associates's 13F filing for Q3 2021, filed 9 Nov 2021.