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 | |
|---|---|---|---|---|---|---|
676
CDW
CDW
$18.2B
| – | – |
-188,447
| Closed | -$24.8M |
|
677
Charter Communications
CHTR
$18.1B
| – | – |
-6,507
| Closed | -$4.3M |
|
678
Centene
CNC
$33.5B
| – | – |
-430,834
| Closed | -$25.9M |
|
679
California Water Service
CWT
$3.07B
| – | – |
-16,170
| Closed | -$874K |
|
680
Datadog
DDOG
$102B
| – | – |
-222,545
| Closed | -$21.9M |
|
681
Douglas Emmett
DEI
$1.97B
| – | – |
-218,334
| Closed | -$6.37M |
|
682
Domino's
DPZ
$12.1B
| – | – |
-10,177
| Closed | -$3.9M |
|
683
eGain
EGAN
$198M
| – | – |
-55,273
| Closed | -$653K |
|
684
eHealth
EHTH
$40.6M
| – | – |
-357,910
| Closed | -$25.3M |
|
685
Elevance Health
ELV
$84.8B
| – | – |
-149,002
| Closed | -$47.8M |
|
686
EPAM Systems
EPAM
$5.71B
| – | – |
-6,470
| Closed | -$2.32M |
|
|
ESGR
687
DELISTED
Enstar Group
ESGR
| – | – |
-10,457
| Closed | -$2.14M |
|
688
Essent Group
ESNT
$6.1B
| – | – |
-22,907
| Closed | -$990K |
|
689
Exelon
EXC
$46.9B
| – | – |
-1,077,431
| Closed | -$32.4M |
|
690
PUT
Fate Therapeutics
FATE
$303M
| – | – |
-25,000
| Closed | -$2.27M |
|
691
Four Corners Property Trust
FCPT
$2.75B
| – | – |
-40,552
| Closed | -$1.21M |
|
692
Federated Hermes
FHI
$4.78B
| – | – |
-43,419
| Closed | -$1.25M |
|
|
FOLD
693
PUT
DELISTED
Amicus Therapeutics
FOLD
| – | – |
-240,000
| Closed | -$5.54M |
|
694
Gen Digital
GEN
$16.7B
| – | – |
-72,589
| Closed | -$1.51M |
|
695
Graco
GGG
$13.3B
| – | – |
-49,149
| Closed | -$3.56M |
|
696
Genmab
GMAB
$18B
| – | – |
-1,429,842
| Closed | -$58.1M |
|
697
Gossamer Bio
GOSS
$87.6M
| – | – |
-1,457,886
| Closed | -$14.1M |
|
698
Healthcare Services Group
HCSG
$1.58B
| – | – |
-286,578
| Closed | -$8.05M |
|
|
HOLX
699
DELISTED
Hologic
HOLX
| – | – |
-30,746
| Closed | -$2.24M |
|
700
H&R Block
HRB
$5.76B
| – | – |
-198,946
| Closed | -$3.15M |
|
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.