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 |
Salesforce
CRM
|
+$1.15B |
| 2 |
Snowflake
SNOW
|
+$725M |
| 3 |
Roblox
RBLX
|
+$671M |
| 4 |
Atlassian
TEAM
|
+$520M |
| 5 |
Sea Limited
SE
|
+$466M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Meta Platforms (Facebook)
META
|
+$1.75B |
| 2 |
DOCU
DocuSign
DOCU
|
+$1.48B |
| 3 |
Twilio
TWLO
|
+$985M |
| 4 |
Carvana
CVNA
|
+$937M |
| 5 |
Visa
V
|
+$797M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 35.54% |
| 2 | Consumer Discretionary | 24.29% |
| 3 | Communication Services | 13.9% |
| 4 | Healthcare | 8.84% |
| 5 | Financials | 7.18% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
626
STAAR Surgical
STAA
$1.21B
| $899K | ﹤0.01% |
9,849
-212
| -2% | -$22.7K |
|
627
Waste Management
WM
$90.5B
| $898K | ﹤0.01% |
+5,380
| New | +$865K |
|
628
Synchrony
SYF
$25.3B
| $897K | ﹤0.01% |
+19,339
| New | +$930K |
|
629
Option Care Health
OPCH
$3.55B
| $894K | ﹤0.01% |
+31,451
| New | +$826K |
|
630
Texas Pacific Land
TPL
$28B
| $893K | ﹤0.01% |
+6,435
| New | +$897K |
|
631
MSCI
MSCI
$41.8B
| $892K | ﹤0.01% |
+1,456
| New | +$913K |
|
632
CDW
CDW
$18.9B
| $891K | ﹤0.01% |
4,353
-241
| -5% | -$45.8K |
|
633
Charter Communications
CHTR
$17.2B
| $889K | ﹤0.01% |
+1,364
| New | +$929K |
|
634
Amkor Technology
AMKR
$12.6B
| $887K | ﹤0.01% |
+35,762
| New | +$832K |
|
635
Advanced Micro Devices
AMD
$790B
| $886K | ﹤0.01% |
+6,160
| New | +$828K |
|
636
Knight Transportation
KNX
$11.1B
| $884K | ﹤0.01% |
14,500
-418
| -3% | -$23.7K |
|
637
C4 Therapeutics
CCCC
$387M
| $869K | ﹤0.01% |
27,001
-458,312
| -94% | -$18.1M |
|
|
EVRI
638
DELISTED
Everi Holdings
EVRI
| $852K | ﹤0.01% |
+39,886
| New | +$909K |
|
639
Red Rock Resorts
RRR
$3.84B
| $826K | ﹤0.01% |
+15,013
| New | +$780K |
|
640
KB Home
KBH
$3.45B
| $760K | ﹤0.01% |
16,994
-21,574
| -56% | -$903K |
|
641
Gevo
GEVO
$355M
| $555K | ﹤0.01% |
+129,756
| New | +$795K |
|
642
iShares Russell Mid-Cap Growth ETF
IWP
$20.1B
| $515K | ﹤0.01% |
+4,473
| New | +$522K |
|
|
SIX
643
DELISTED
Six Flags Entertainment Corp.
SIX
| $441K | ﹤0.01% |
10,360
-298
| -3% | -$12.4K |
|
644
Mettler-Toledo International
MTD
$29.2B
| $360K | ﹤0.01% |
212
-1,919
| -90% | -$2.9M |
|
645
iShares MSCI EAFE ETF
EFA
$78.4B
| $357K | ﹤0.01% |
+4,542
| New | +$360K |
|
646
Kraft Heinz
KHC
$31.3B
| $338K | ﹤0.01% |
9,421
-271
| -3% | -$9.74K |
|
647
Unity
U
$14.6B
| $337K | ﹤0.01% |
+2,355
| New | +$360K |
|
|
AVLR
648
DELISTED
Avalara, Inc.
AVLR
| $314K | ﹤0.01% |
2,431
-237,743
| -99% | -$37.1M |
|
649
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$46.9B
| $254K | ﹤0.01% |
+2,778
| New | +$254K |
|
|
LTCH
650
DELISTED
Latch, Inc. Common Stock
LTCH
| $203K | ﹤0.01% |
26,803
-37,743
| -58% | -$334K |
|
Similar funds
Jennison Associates's Q4 2021 Portfolio in Review
As of Q4 2021, Jennison Associates held 746 positions worth $158B, up 2% from $155B the previous quarter. Its ten largest holdings account for 42% of the portfolio.
Jennison Associates withdrew a net $5.22B in Q4 2021, closing 93 positions and reducing 314 holdings. Its most notable exit was DocuSign, an estimated $1.48B position sold in full.
By sector, the portfolio is most concentrated in Technology at 36% of assets, up from 35% a quarter earlier, followed by Consumer Discretionary and Communication Services.
Against the trend, Jennison Associates opened a new position in NXP Semiconductors worth $122M.
- Jennison Associates's largest Q4 2021 buy was NXP Semiconductors: 536,962 shares worth $122M.
- Jennison Associates added most to Salesforce in Q4 2021, an estimated $1.15B increase.
- Jennison Associates's biggest Q4 2021 reduction was Meta Platforms (Facebook), cutting an estimated $1.75B.
- Jennison Associates fully exited DocuSign in Q4 2021, selling an estimated $1.48B.
- Jennison Associates's ten largest holdings make up 42% of its $158B portfolio in Q4 2021.
- Jennison Associates opened 85 new positions and closed 93 in Q4 2021.
- Jennison Associates's portfolio value rose 2% quarter-over-quarter to $158B.
Based on Jennison Associates's 13F filing for Q4 2021, filed 8 Feb 2022.