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 | |
|---|---|---|---|---|---|---|
51
Dynatrace
DT
$12.7B
| $501M | 0.32% |
7,064,358
-1,873,940
| -21% | -$123M |
|
52
Roblox
RBLX
$25.3B
| $493M | 0.32% |
6,519,368
+212,158
| +3% | +$17.4M |
|
|
53
Spotify
SPOT
$105B
| $432M | 0.28% |
1,914,895
-2,440,339
| -56% | -$575M |
|
54
ConocoPhillips
COP
$145B
| $407M | 0.26% |
6,009,158
+387,725
| +7% | +$22.4M |
|
55
Marriott International
MAR
$98.8B
| $402M | 0.26% |
2,713,120
-27,375
| -1% | -$3.82M |
|
56
JPMorgan Chase
JPM
$939B
| $364M | 0.24% |
2,222,177
-86,106
| -4% | -$13.5M |
|
57
Dominion Energy
D
$61.1B
| $346M | 0.22% |
4,733,229
-31,797
| -0.7% | -$2.42M |
|
58
Humana
HUM
$44.6B
| $330M | 0.21% |
849,186
+4,045
| +0.5% | +$1.72M |
|
59
NextEra Energy
NEE
$182B
| $317M | 0.21% |
4,038,068
+18,063
| +0.4% | +$1.46M |
|
60
Affirm
AFRM
$24B
| $293M | 0.19% |
2,461,615
-559,998
| -19% | -$44.8M |
|
61
dLocal
DLO
$4.43B
| $285M | 0.18% |
5,219,249
+3,114,200
| +148% | +$174M |
|
|
62
Union Pacific
UNP
$173B
| $257M | 0.17% |
1,311,632
-3,132,838
| -70% | -$677M |
|
63
argenx
ARGX
$53.7B
| $251M | 0.16% |
832,145
+80,790
| +11% | +$25.6M |
|
64
Linde
LIN
$221B
| $248M | 0.16% |
846,673
-15,822
| -2% | -$4.81M |
|
65
PNC Financial Services
PNC
$99.5B
| $240M | 0.16% |
1,226,779
-129,281
| -10% | -$24.4M |
|
66
Texas Instruments
TXN
$253B
| $239M | 0.15% |
1,244,148
-49,904
| -4% | -$9.51M |
|
67
Johnson Controls International
JCI
$88.3B
| $237M | 0.15% |
3,481,077
-68,911
| -2% | -$4.98M |
|
68
Globant
GLOB
$1.54B
| $236M | 0.15% |
839,323
+420,509
| +100% | +$115M |
|
69
Cheniere Energy
LNG
$55B
| $222M | 0.14% |
2,276,675
+286,905
| +14% | +$25.1M |
|
70
Truist Financial
TFC
$63.4B
| $218M | 0.14% |
3,712,710
+592,762
| +19% | +$33.1M |
|
71
Chubb
CB
$136B
| $217M | 0.14% |
1,253,566
+4,766
| +0.4% | +$835K |
|
72
Bank of America
BAC
$435B
| $213M | 0.14% |
5,014,751
-366,802
| -7% | -$14.8M |
|
|
XIFR
73
XPLR Infrastructure LP
XIFR
$1.12B
| $208M | 0.13% |
2,765,307
-62,789
| -2% | -$4.9M |
|
74
AbbVie
ABBV
$446B
| $201M | 0.13% |
1,866,690
+795,754
| +74% | +$90.9M |
|
|
GTM
75
ZoomInfo Technologies
GTM
$970M
| $196M | 0.13% |
+3,206,107
| New | +$192M |
|
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.