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 |
Airbnb
ABNB
|
+$1.4B |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$715M |
| 3 |
DOCU
DocuSign
DOCU
|
+$707M |
| 4 |
Eli Lilly
LLY
|
+$697M |
| 5 |
CrowdStrike
CRWD
|
+$622M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Peloton Interactive
PTON
|
+$1.3B |
| 2 |
RingCentral
RNG
|
+$869M |
| 3 |
Apple
AAPL
|
+$809M |
| 4 |
FTCH
Farfetch Limited Class A Ordinary Shares
FTCH
|
+$751M |
| 5 |
COUP
Coupa Software Incorporated
COUP
|
+$525M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 34.56% |
| 2 | Consumer Discretionary | 21.74% |
| 3 | Communication Services | 16.85% |
| 4 | Financials | 8.71% |
| 5 | Healthcare | 7.71% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
Cisco
CSCO
$443B
| $96.1M | 0.06% |
1,813,433
+205,717
| +13% | +$10.8M |
|
127
Essential Utilities
WTRG
$11.5B
| $95.9M | 0.06% |
2,097,693
-106,921
| -5% | -$5.02M |
|
128
Otis Worldwide
OTIS
$27.9B
| $94.2M | 0.06% |
1,152,278
+66,002
| +6% | +$5.08M |
|
129
Dow Inc
DOW
$22B
| $93.8M | 0.06% |
1,482,070
+162,947
| +12% | +$10.8M |
|
130
WillScot Mobile Mini Holdings
WSC
$4.37B
| $93.3M | 0.06% |
3,347,195
-19,825
| -0.6% | -$570K |
|
131
Sempra
SRE
$58.1B
| $92.3M | 0.06% |
1,393,986
+17,270
| +1% | +$1.18M |
|
132
Royal Caribbean
RCL
$86.5B
| $92M | 0.06% |
1,078,974
+457,475
| +74% | +$39.9M |
|
133
Globant
GLOB
$1.65B
| $91.8M | 0.06% |
418,814
-5,342
| -1% | -$1.17M |
|
134
Molina Healthcare
MOH
$10.4B
| $89.6M | 0.06% |
354,026
+7,873
| +2% | +$1.98M |
|
135
Deere & Co
DE
$165B
| $89.1M | 0.06% |
252,738
+47,107
| +23% | +$17.2M |
|
|
HZNP
136
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $88.5M | 0.06% |
945,605
+24,579
| +3% | +$2.26M |
|
137
Alliant Energy
LNT
$18.6B
| $88.5M | 0.06% |
1,587,782
-297,816
| -16% | -$16.9M |
|
138
Evergy
EVRG
$19.4B
| $88M | 0.06% |
1,456,078
+253,092
| +21% | +$15.8M |
|
|
AAMI
139
Acadian Asset Management
AAMI
$2.88B
| $87.8M | 0.06% |
3,745,548
-151,165
| -4% | -$3.44M |
|
140
Freshpet
FRPT
$3.04B
| $87.5M | 0.06% |
537,129
-17,653
| -3% | -$3.01M |
|
141
AES
AES
$10.6B
| $86.2M | 0.06% |
3,306,712
-42,271
| -1% | -$1.12M |
|
142
GE Aerospace
GE
$364B
| $85.2M | 0.06% |
1,270,445
+109,157
| +9% | +$7.28M |
|
143
Bumble
BMBL
$387M
| $85.1M | 0.06% |
1,477,494
-72,478
| -5% | -$3.82M |
|
144
Guardant Health
GH
$19.1B
| $85.1M | 0.06% |
685,119
-2,043,552
| -75% | -$275M |
|
145
Phreesia
PHR
$689M
| $83.7M | 0.06% |
1,366,002
-98,322
| -7% | -$5.12M |
|
146
Five Below
FIVE
$11.6B
| $83.5M | 0.06% |
431,997
+25,515
| +6% | +$4.87M |
|
147
CoStar Group
CSGP
$12.2B
| $83.1M | 0.06% |
1,003,442
+665,972
| +197% | +$57.6M |
|
148
Avient
AVNT
$3.29B
| $83M | 0.06% |
1,688,733
-90,546
| -5% | -$4.58M |
|
149
American Water Works
AWK
$27B
| $83M | 0.06% |
538,545
-39,975
| -7% | -$6.23M |
|
150
Saia
SAIA
$10.5B
| $82.6M | 0.05% |
394,178
-99,393
| -20% | -$22.5M |
|
Similar funds
Jennison Associates's Q2 2021 Portfolio in Review
As of Q2 2021, Jennison Associates held 746 positions worth $151B, up 10% from $137B the previous quarter. Its ten largest holdings account for 38% of the portfolio.
Jennison Associates's Q2 2021 filing shows 85 new, 265 increased, 299 reduced and 81 closed positions. Its largest new stake was dLocal: 2,105,049 shares worth $111M. The largest sale was Peloton Interactive, an estimated $1.3B.
By sector, the portfolio is most concentrated in Technology at 35% of assets, up from 34% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q2 2021 buy was dLocal: 2,105,049 shares worth $111M.
- Jennison Associates added most to Airbnb in Q2 2021, an estimated $1.4B increase.
- Jennison Associates's biggest Q2 2021 reduction was RingCentral, cutting an estimated $869M.
- Jennison Associates fully exited Peloton Interactive in Q2 2021, selling an estimated $1.3B.
- Jennison Associates's ten largest holdings make up 38% of its $151B portfolio in Q2 2021.
- Jennison Associates opened 85 new positions and closed 81 in Q2 2021.
- Jennison Associates's portfolio value rose 10% quarter-over-quarter to $151B.
Based on Jennison Associates's 13F filing for Q2 2021, filed 12 Aug 2021.