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 | |
|---|---|---|---|---|---|---|
51
S&P Global
SPGI
$121B
| $476M | 0.35% |
1,347,948
-1,781,593
| -57% | -$593M |
|
52
Zoom
ZM
$28.2B
| $461M | 0.34% |
1,435,947
+81,055
| +6% | +$29.8M |
|
53
Dynatrace
DT
$12.9B
| $443M | 0.32% |
9,176,760
+166,131
| +2% | +$8.06M |
|
54
Guardant Health
GH
$21.7B
| $417M | 0.3% |
2,728,671
-278,306
| -9% | -$42.1M |
|
55
WIX.com
WIX
$2.3B
| $404M | 0.3% |
1,448,141
+1,027,321
| +244% | +$293M |
|
|
DOCU
56
DocuSign
DOCU
$10.5B
| $398M | 0.29% |
1,964,202
+36,874
| +2% | +$8.55M |
|
57
Dominion Energy
D
$60.8B
| $361M | 0.26% |
4,755,113
+908,270
| +24% | +$66M |
|
58
Humana
HUM
$43.7B
| $356M | 0.26% |
848,324
-478,107
| -36% | -$191M |
|
59
JPMorgan Chase
JPM
$935B
| $324M | 0.24% |
2,125,242
+24,956
| +1% | +$3.59M |
|
60
NextEra Energy
NEE
$181B
| $323M | 0.24% |
4,278,307
-26,790
| -0.6% | -$2.09M |
|
61
Roblox
RBLX
$25.4B
| $287M | 0.21% |
+4,427,236
| New | +$309M |
|
62
ConocoPhillips
COP
$147B
| $281M | 0.21% |
5,307,791
+4,473,671
| +536% | +$220M |
|
|
63
Teladoc Health
TDOC
$1.22B
| $255M | 0.19% |
1,402,173
-4,163,984
| -75% | -$966M |
|
64
Chewy
CHWY
$9.25B
| $244M | 0.18% |
2,882,906
-483,631
| -14% | -$47.1M |
|
65
UnitedHealth
UNH
$376B
| $237M | 0.17% |
636,934
+136,302
| +27% | +$47.2M |
|
|
XIFR
66
XPLR Infrastructure LP
XIFR
$1.12B
| $235M | 0.17% |
3,223,766
-84,605
| -3% | -$6.51M |
|
67
Linde
LIN
$221B
| $233M | 0.17% |
830,707
-283
| -0% | -$73.4K |
|
68
Texas Instruments
TXN
$252B
| $231M | 0.17% |
1,221,018
+12,893
| +1% | +$2.24M |
|
69
Okta
OKTA
$24.7B
| $228M | 0.17% |
1,032,803
+634,233
| +159% | +$159M |
|
70
Johnson Controls International
JCI
$88.8B
| $208M | 0.15% |
3,489,774
+206,859
| +6% | +$11.4M |
|
71
General Motors
GM
$80.4B
| $206M | 0.15% |
3,582,906
+171,646
| +5% | +$9.12M |
|
72
PNC Financial Services
PNC
$99.7B
| $204M | 0.15% |
1,160,860
+153,741
| +15% | +$25.4M |
|
73
argenx
ARGX
$53.4B
| $198M | 0.15% |
719,815
+302,188
| +72% | +$95.5M |
|
74
Bank of America
BAC
$435B
| $195M | 0.14% |
5,049,538
+472,572
| +10% | +$16.3M |
|
75
Walmart Inc
WMT
$885B
| $184M | 0.13% |
4,066,236
+240,351
| +6% | +$11.1M |
|
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.