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 | |
|---|---|---|---|---|---|---|
626
Upwork
UPWK
$1.19B
| $973K | ﹤0.01% |
21,727
+780
| +4% | +$36K |
|
627
Dover
DOV
$28.5B
| $972K | ﹤0.01% |
7,091
+473
| +7% | +$60.2K |
|
628
Simulations Plus
SLP
$371M
| $963K | ﹤0.01% |
15,226
-835
| -5% | -$61.3K |
|
629
Crocs
CROX
$6.5B
| $938K | ﹤0.01% |
11,661
-2,964
| -20% | -$226K |
|
630
Smith & Wesson
SWBI
$664M
| $935K | ﹤0.01% |
+53,555
| New | +$974K |
|
|
SFBS
631
ServisFirst Bancshares
SFBS
$4.94B
| $931K | ﹤0.01% |
+15,173
| New | +$754K |
|
|
BBBY
632
Bed Bath & Beyond
BBBY
$436M
| $929K | ﹤0.01% |
15,427
+2,339
| +18% | +$158K |
|
633
Las Vegas Sands
LVS
$29.9B
| $921K | ﹤0.01% |
+15,152
| New | +$887K |
|
|
MCHB
634
Mechanics Bancorp
MCHB
$3.7B
| $915K | ﹤0.01% |
+20,772
| New | +$864K |
|
635
Karyopharm Therapeutics
KPTI
$44M
| $909K | ﹤0.01% |
+5,759
| New | +$1.21M |
|
636
Oceaneering
OII
$4.83B
| $901K | ﹤0.01% |
+78,871
| New | +$875K |
|
637
Quanex
NX
$959M
| $900K | ﹤0.01% |
+34,327
| New | +$856K |
|
638
Stewart Information Services
STC
$2.07B
| $885K | ﹤0.01% |
+17,001
| New | +$863K |
|
639
Mativ Holdings
MATV
$527M
| $869K | ﹤0.01% |
17,748
-977
| -5% | -$43.1K |
|
640
MacroGenics
MGNX
$248M
| $868K | ﹤0.01% |
27,262
-5,405
| -17% | -$131K |
|
|
IPHI
641
DELISTED
INPHI CORPORATION
IPHI
| $850K | ﹤0.01% |
4,766
-229,114
| -98% | -$38.3M |
|
642
American Express
AXP
$236B
| $822K | ﹤0.01% |
5,810
+388
| +7% | +$51.3K |
|
643
Knight Transportation
KNX
$11.6B
| $794K | ﹤0.01% |
16,501
+1,101
| +7% | +$48.3K |
|
644
Standard BioTools
LAB
$306M
| $775K | ﹤0.01% |
171,460
+23,989
| +16% | +$132K |
|
|
SIX
645
DELISTED
Six Flags Entertainment Corp.
SIX
| $736K | ﹤0.01% |
15,842
-12,007
| -43% | -$500K |
|
646
Sysco
SYY
$40.5B
| $623K | ﹤0.01% |
7,906
+1,849
| +31% | +$143K |
|
647
FirstEnergy
FE
$27.6B
| $608K | ﹤0.01% |
17,531
-2,486,580
| -99% | -$81.2M |
|
648
State Street Energy Select Sector SPDR ETF
XLE
$37.7B
| $574K | ﹤0.01% |
23,420
+5,938
| +34% | +$137K |
|
649
Vanguard Morningstar Growth ETF
VUG
$230B
| $559K | ﹤0.01% |
13,056
+6,096
| +88% | +$261K |
|
650
MGM Resorts International
MGM
$11.4B
| $499K | ﹤0.01% |
+13,135
| New | +$458K |
|
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.