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 | |
|---|---|---|---|---|---|---|
101
DTE Energy
DTE
$29.7B
| $116M | 0.08% |
1,019,817
-663
| -0.1% | -$69.6K |
|
102
Natera
NTRA
$38.4B
| $115M | 0.08% |
1,136,896
-601,299
| -35% | -$65.9M |
|
103
Targa Resources
TRGP
$57.1B
| $115M | 0.08% |
3,630,552
+1,985,830
| +121% | +$61.3M |
|
104
Saia
SAIA
$9.3B
| $114M | 0.08% |
493,571
-43,858
| -8% | -$8.94M |
|
105
Bilibili
BILI
$8.04B
| $114M | 0.08% |
1,060,393
+961,774
| +975% | +$118M |
|
106
Ross Stores
ROST
$82.3B
| $111M | 0.08% |
926,393
+45,546
| +5% | +$5.4M |
|
|
PPD
107
DELISTED
PPD, Inc. Common Stock
PPD
| $109M | 0.08% |
2,886,114
+233,064
| +9% | +$8.36M |
|
108
Cooper Companies
COO
$14.6B
| $109M | 0.08% |
1,133,492
+680,300
| +150% | +$64.5M |
|
109
Labcorp
LH
$25.2B
| $106M | 0.08% |
485,213
+59,170
| +14% | +$11.9M |
|
110
SLM Corp
SLM
$5.06B
| $104M | 0.08% |
5,805,112
+353,614
| +6% | +$5.36M |
|
111
IQVIA
IQV
$38.5B
| $104M | 0.08% |
536,405
-9,500
| -2% | -$1.78M |
|
112
Brunswick
BC
$5.23B
| $103M | 0.08% |
1,083,670
-37,814
| -3% | -$3.47M |
|
113
Alliant Energy
LNT
$18.4B
| $102M | 0.07% |
1,885,598
-28,456
| -1% | -$1.42M |
|
114
Procter & Gamble
PG
$341B
| $99.1M | 0.07% |
731,447
+18,282
| +3% | +$2.39M |
|
115
Essential Utilities
WTRG
$11.5B
| $98.7M | 0.07% |
2,204,614
+5,072
| +0.2% | +$229K |
|
116
PepsiCo
PEP
$192B
| $98.2M | 0.07% |
694,448
+31,908
| +5% | +$4.38M |
|
117
Avantor
AVTR
$9.42B
| $98M | 0.07% |
3,387,562
+2,170,738
| +178% | +$62.7M |
|
|
PDCE
118
DELISTED
PDC Energy, Inc.
PDCE
| $97.7M | 0.07% |
2,840,861
-41,065
| -1% | -$1.23M |
|
119
CenterPoint Energy
CNP
$27.9B
| $97.5M | 0.07% |
4,306,717
+3,484
| +0.1% | +$74.3K |
|
120
Bumble
BMBL
$391M
| $96.7M | 0.07% |
+1,549,972
| New | +$104M |
|
121
United Rentals
URI
$67.9B
| $95M | 0.07% |
288,511
-24,027
| -8% | -$6.8M |
|
122
Bristol-Myers Squibb
BMY
$134B
| $94.4M | 0.07% |
1,495,502
-342,537
| -19% | -$21.3M |
|
123
WillScot Mobile Mini Holdings
WSC
$4.55B
| $93.4M | 0.07% |
3,367,020
-304,913
| -8% | -$8.01M |
|
124
Chevron
CVX
$388B
| $92.3M | 0.07% |
880,750
-1,469,669
| -63% | -$144M |
|
125
Intellia Therapeutics
NTLA
$1.47B
| $91.5M | 0.07% |
1,139,871
+987,773
| +649% | +$66.3M |
|
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.