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 | |
|---|---|---|---|---|---|---|
701
3M
MMM
$92.7B
| – | – |
-13,988
| Closed | -$2.32M |
|
702
MSCI
MSCI
$41.7B
| – | – |
-3,261
| Closed | -$1.74M |
|
703
MasTec
MTZ
$22B
| – | – |
-21,404
| Closed | -$2.27M |
|
704
Ingevity
NGVT
$2.6B
| – | – |
-13,480
| Closed | -$1.1M |
|
705
CALL
Intellia Therapeutics
NTLA
$1.57B
| – | – |
-60,000
| Closed | -$9.71M |
|
706
Newell Brands
NWL
$2.59B
| – | – |
-386,536
| Closed | -$10.6M |
|
707
Northwest Natural Holdings
NWN
$2.05B
| – | – |
-29,986
| Closed | -$1.57M |
|
708
Quanex
NX
$950M
| – | – |
-34,123
| Closed | -$848K |
|
709
Parker-Hannifin
PH
$126B
| – | – |
-15,448
| Closed | -$4.74M |
|
710
Plug Power
PLUG
$3.03B
| – | – |
-40,533
| Closed | -$1.39M |
|
711
Plexus
PLXS
$7.41B
| – | – |
-13,253
| Closed | -$1.21M |
|
712
Insulet
PODD
$11.4B
| – | – |
-63,536
| Closed | -$17.4M |
|
713
Primerica
PRI
$9.95B
| – | – |
-29,298
| Closed | -$4.49M |
|
714
Transocean
RIG
$5.81B
| – | – |
-212,389
| Closed | -$960K |
|
715
Rockwell Automation
ROK
$49.3B
| – | – |
-16,134
| Closed | -$4.62M |
|
716
Revvity
RVTY
$12.4B
| – | – |
-32,548
| Closed | -$5.03M |
|
|
RWT
717
Redwood Trust
RWT
$582M
| – | – |
-96,096
| Closed | -$1.16M |
|
|
SAGE
718
DELISTED
Sage Therapeutics
SAGE
| – | – |
-582,120
| Closed | -$33.1M |
|
719
Boston Beer
SAM
$1.93B
| – | – |
-8,436
| Closed | -$8.61M |
|
720
Seacoast Banking Corp of Florida
SBCF
$3.44B
| – | – |
-20,078
| Closed | -$686K |
|
721
Smith & Wesson
SWBI
$665M
| – | – |
-57,544
| Closed | -$2M |
|
722
Tenable Holdings
TENB
$3.94B
| – | – |
-26,738
| Closed | -$1.11M |
|
723
Teleflex
TFX
$6.18B
| – | – |
-80,776
| Closed | -$32.5M |
|
724
Tenet Healthcare
THC
$20.4B
| – | – |
-22,324
| Closed | -$1.5M |
|
725
Timken Company
TKR
$9.26B
| – | – |
-10,969
| Closed | -$884K |
|
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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.