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 | 34.56% |
| 2 | Consumer Discretionary | 21.74% |
| 3 | Communication Services | 16.85% |
| 4 | Financials | 8.71% |
| 5 | Healthcare | 7.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
651
Cohu
COHU
$2.26B
| $793K | ﹤0.01% |
+21,565
| New | +$856K |
|
652
Equitable Holdings
EQH
$13B
| $772K | ﹤0.01% |
+25,361
| New | +$827K |
|
653
Laureate Education
LAUR
$5.28B
| $771K | ﹤0.01% |
+53,169
| New | +$752K |
|
654
State Street Energy Select Sector SPDR ETF
XLE
$39.6B
| $693K | ﹤0.01% |
25,732
+2,312
| +10% | +$60.1K |
|
655
Seacoast Banking Corp of Florida
SBCF
$3.36B
| $686K | ﹤0.01% |
20,078
-148,657
| -88% | -$5.42M |
|
656
Knight Transportation
KNX
$11.3B
| $678K | ﹤0.01% |
14,918
-1,583
| -10% | -$75.6K |
|
657
Mettler-Toledo International
MTD
$28.6B
| $597K | ﹤0.01% |
431
-1,135
| -72% | -$1.46M |
|
|
SIX
658
DELISTED
Six Flags Entertainment Corp.
SIX
| $461K | ﹤0.01% |
10,658
-5,184
| -33% | -$234K |
|
659
FirstService
FSV
$6.48B
| $451K | ﹤0.01% |
2,628
-235
| -8% | -$38.6K |
|
660
Zillow
Z
$7.79B
| $443K | ﹤0.01% |
+3,621
| New | +$441K |
|
661
Hexcel
HXL
$7.79B
| $363K | ﹤0.01% |
+5,811
| New | +$335K |
|
662
SkinHealth Systems
SKIN
$88.8M
| $289K | ﹤0.01% |
+17,196
| New | +$235K |
|
663
SiteOne Landscape Supply
SITE
$4.12B
| $271K | ﹤0.01% |
1,599
| – | – |
|
|
NVMI
664
Nova
NVMI
$12.4B
| $252K | ﹤0.01% |
+2,446
| New | +$236K |
|
665
Endava
DAVA
$158M
| $246K | ﹤0.01% |
+2,166
| New | +$209K |
|
666
Arbor Realty Trust
ABR
$964M
| – | – |
-95,033
| Closed | -$1.51M |
|
667
iShares MSCI ACWI ETF
ACWI
$32.9B
| – | – |
-72,971
| Closed | -$6.94M |
|
668
iShares MSCI ACWI ex US ETF
ACWX
$11.5B
| – | – |
-90,711
| Closed | -$5M |
|
|
API
669
Agora
API
$338M
| – | – |
-104,100
| Closed | -$5.23M |
|
|
CVSA
670
Covista Inc
CVSA
$4.25B
| – | – |
-27,397
| Closed | -$1.08M |
|
671
Alibaba
BABA
$293B
| – | – |
-1,234
| Closed | -$280K |
|
672
Becton Dickinson
BDX
$45.6B
| – | – |
-280,586
| Closed | -$66.6M |
|
673
Brookfield Renewable
BEPC
$6.08B
| – | – |
-60,305
| Closed | -$2.82M |
|
674
CALL
Biogen
BIIB
$30B
| – | – |
-30,000
| Closed | -$8.39M |
|
|
675
Biogen
BIIB
$30B
| – | – |
-65,838
| Closed | -$18.4M |
|
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.