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 | |
|---|---|---|---|---|---|---|
126
Brunswick
BC
$5.13B
| $94.2M | 0.06% |
988,894
+941
| +0.1% | +$93.7K |
|
127
GE Aerospace
GE
$374B
| $92.7M | 0.06% |
1,444,332
+173,887
| +14% | +$11.2M |
|
128
Saia
SAIA
$9.27B
| $92.4M | 0.06% |
388,044
-6,134
| -2% | -$1.42M |
|
129
CoStar Group
CSGP
$11.7B
| $92.2M | 0.06% |
1,070,941
+67,499
| +7% | +$5.83M |
|
130
Progyny
PGNY
$2.44B
| $91.3M | 0.06% |
1,630,742
+569,765
| +54% | +$31.5M |
|
131
Molina Healthcare
MOH
$10.2B
| $91.1M | 0.06% |
335,796
-18,230
| -5% | -$4.81M |
|
132
Evergy
EVRG
$19.1B
| $91.1M | 0.06% |
1,464,361
+8,283
| +0.6% | +$543K |
|
133
Alliant Energy
LNT
$18.3B
| $88.9M | 0.06% |
1,587,782
| – | – |
|
134
Delta Air Lines
DAL
$57.5B
| $88.7M | 0.06% |
2,081,870
+350,840
| +20% | +$14.3M |
|
135
Guardant Health
GH
$21.7B
| $84.6M | 0.05% |
676,944
-8,175
| -1% | -$971K |
|
136
Procter & Gamble
PG
$336B
| $81.7M | 0.05% |
584,727
-231,167
| -28% | -$32.8M |
|
137
Acadia Healthcare
ACHC
$2.76B
| $81.7M | 0.05% |
1,281,037
+26,256
| +2% | +$1.66M |
|
138
Phreesia
PHR
$663M
| $80.8M | 0.05% |
1,310,101
-55,901
| -4% | -$3.73M |
|
139
DT Midstream
DTM
$14.1B
| $80.5M | 0.05% |
+1,740,320
| New | +$76.2M |
|
140
United Rentals
URI
$67.2B
| $79.8M | 0.05% |
227,420
-4,260
| -2% | -$1.43M |
|
141
Five Below
FIVE
$12B
| $79.1M | 0.05% |
447,114
+15,117
| +3% | +$3.01M |
|
142
Avient
AVNT
$3.33B
| $78.6M | 0.05% |
1,695,046
+6,313
| +0.4% | +$303K |
|
|
GLDD
143
DELISTED
Great Lakes Dredge & Dock
GLDD
| $78.5M | 0.05% |
5,200,507
-13,756
| -0.3% | -$204K |
|
144
Dow Inc
DOW
$21.9B
| $78.4M | 0.05% |
1,362,827
-119,243
| -8% | -$7.3M |
|
145
Fortive
FTV
$17.9B
| $76.7M | 0.05% |
1,443,089
+29,663
| +2% | +$1.62M |
|
|
FOCS
146
DELISTED
Focus Financial Partners Inc. Class A
FOCS
| $76.3M | 0.05% |
1,456,895
+122,248
| +9% | +$6.25M |
|
147
GFL Environmental
GFL
$14.9B
| $76.2M | 0.05% |
2,050,225
+563,429
| +38% | +$19.5M |
|
|
ACC
148
DELISTED
American Campus Communities, Inc.
ACC
| $76M | 0.05% |
1,569,655
-194,462
| -11% | -$9.65M |
|
149
American Water Works
AWK
$26.7B
| $75.8M | 0.05% |
448,260
-90,285
| -17% | -$15.8M |
|
150
SLM Corp
SLM
$4.89B
| $75.6M | 0.05% |
4,294,794
-912,734
| -18% | -$17.1M |
|
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.