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 | |
|---|---|---|---|---|---|---|
651
Equitable Holdings
EQH
$13.3B
| $752K | ﹤0.01% |
25,361
| – | – |
|
|
LTCH
652
DELISTED
Latch, Inc. Common Stock
LTCH
| $727K | ﹤0.01% |
+64,546
| New | +$797K |
|
653
Globalstar
GSAT
$10.8B
| $711K | ﹤0.01% |
+28,383
| New | +$696K |
|
654
iShares North American Natural Resources ETF
IGE
$752M
| $641K | ﹤0.01% |
+21,808
| New | +$627K |
|
|
TGNA
655
DELISTED
TEGNA Inc
TGNA
| $621K | ﹤0.01% |
+31,513
| New | +$572K |
|
656
Vanguard Morningstar Growth ETF
VUG
$231B
| $598K | ﹤0.01% |
+12,366
| New | +$615K |
|
|
SIX
657
DELISTED
Six Flags Entertainment Corp.
SIX
| $453K | ﹤0.01% |
10,658
| – | – |
|
658
Tronox
TROX
$944M
| $403K | ﹤0.01% |
16,334
-30,007
| -65% | -$616K |
|
659
Kraft Heinz
KHC
$31.4B
| $357K | ﹤0.01% |
9,692
-16,163
| -63% | -$609K |
|
660
Hexcel
HXL
$7.93B
| $345K | ﹤0.01% |
5,811
| – | – |
|
661
Peloton Interactive
PTON
$2.85B
| $224K | ﹤0.01% |
+2,576
| New | +$285K |
|
662
Axcelis
ACLS
$4.27B
| – | – |
-24,196
| Closed | -$978K |
|
663
Acacia Research
ACTG
$451M
| – | – |
-154,413
| Closed | -$1.04M |
|
664
Acadia Realty Trust
AKR
$3.01B
| – | – |
-38,609
| Closed | -$848K |
|
665
Advanced Micro Devices
AMD
$858B
| – | – |
-19,365
| Closed | -$1.82M |
|
666
Amgen
AMGN
$209B
| – | – |
-6,357
| Closed | -$1.55M |
|
667
Amkor Technology
AMKR
$14B
| – | – |
-79,096
| Closed | -$1.87M |
|
668
Artisan Partners
APAM
$3B
| – | – |
-18,538
| Closed | -$942K |
|
669
Digital Turbine
APPS
$1.16B
| – | – |
-16,047
| Closed | -$1.22M |
|
670
Best Buy
BBY
$18.2B
| – | – |
-28,766
| Closed | -$3.31M |
|
671
Boise Cascade
BCC
$3.07B
| – | – |
-34,886
| Closed | -$2.04M |
|
672
Bilibili
BILI
$7.93B
| – | – |
-1,195,981
| Closed | -$146M |
|
673
Broadridge
BR
$19.5B
| – | – |
-10,142
| Closed | -$1.64M |
|
674
Byline Bancorp
BY
$1.82B
| – | – |
-883,710
| Closed | -$20M |
|
675
Boyd Gaming
BYD
$6.24B
| – | – |
-18,189
| Closed | -$1.12M |
|
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.