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 | |
|---|---|---|---|---|---|---|
626
Crocs
CROX
$6.77B
| $905K | ﹤0.01% |
+6,306
| New | +$866K |
|
627
LGI Homes
LGIH
$1.45B
| $902K | ﹤0.01% |
+6,358
| New | +$1M |
|
628
Nexstar Media Group
NXST
$5.93B
| $902K | ﹤0.01% |
5,938
-25,683
| -81% | -$3.79M |
|
629
Moderna
MRNA
$22.9B
| $899K | ﹤0.01% |
2,337
-14,030
| -86% | -$5.17M |
|
630
Terex
TEX
$7.57B
| $888K | ﹤0.01% |
+21,091
| New | +$998K |
|
631
O-I Glass
OI
$1.14B
| $886K | ﹤0.01% |
+62,098
| New | +$930K |
|
632
Sight Sciences
SGHT
$309M
| $879K | ﹤0.01% |
+38,733
| New | +$1.27M |
|
633
Arista Networks
ANET
$243B
| $844K | ﹤0.01% |
+39,296
| New | +$900K |
|
634
Autodesk
ADSK
$49.8B
| $843K | ﹤0.01% |
+2,957
| New | +$905K |
|
635
PTC
PTC
$15.3B
| $843K | ﹤0.01% |
7,034
-766,463
| -99% | -$102M |
|
636
Aon
AON
$75B
| $840K | ﹤0.01% |
2,941
-3,573
| -55% | -$960K |
|
637
Starbucks
SBUX
$119B
| $840K | ﹤0.01% |
+7,619
| New | +$892K |
|
638
CDW
CDW
$19.3B
| $836K | ﹤0.01% |
+4,594
| New | +$868K |
|
639
DigitalBridge
DBRG
$2.93B
| $835K | ﹤0.01% |
+34,605
| New | +$955K |
|
640
Ulta Beauty
ULTA
$23.2B
| $835K | ﹤0.01% |
+2,313
| New | +$835K |
|
641
Pool Corp
POOL
$7.28B
| $833K | ﹤0.01% |
+1,917
| New | +$909K |
|
642
Old Dominion Freight Line
ODFL
$45B
| $829K | ﹤0.01% |
5,800
-6,912
| -54% | -$959K |
|
643
T. Rowe Price
TROW
$24.1B
| $829K | ﹤0.01% |
4,214
-4,423
| -51% | -$931K |
|
644
Zebra Technologies
ZBRA
$16.8B
| $826K | ﹤0.01% |
1,602
-1,523
| -49% | -$849K |
|
645
BJ's Restaurants
BJRI
$1.44B
| $816K | ﹤0.01% |
19,539
-181,124
| -90% | -$7.6M |
|
646
DaVita
DVA
$14.8B
| $815K | ﹤0.01% |
+7,009
| New | +$878K |
|
|
CHX
647
DELISTED
ChampionX
CHX
| $806K | ﹤0.01% |
+36,068
| New | +$824K |
|
|
HAPN
648
Happen Inc
HAPN
$2.44B
| $805K | ﹤0.01% |
+28,513
| New | +$706K |
|
649
Knight Transportation
KNX
$11.6B
| $763K | ﹤0.01% |
14,918
| – | – |
|
650
State Street Energy Select Sector SPDR ETF
XLE
$38.2B
| $754K | ﹤0.01% |
28,966
+3,234
| +13% | +$80.1K |
|
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.