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 |
RingCentral
RNG
|
+$588M |
| 2 |
Teladoc Health
TDOC
|
+$564M |
| 3 |
Atlassian
TEAM
|
+$519M |
| 4 |
Spotify
SPOT
|
+$511M |
| 5 |
CrowdStrike
CRWD
|
+$510M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alibaba
BABA
|
+$1.05B |
| 2 |
Salesforce
CRM
|
+$664M |
| 3 |
Corpay
CPAY
|
+$411M |
| 4 |
Microsoft
MSFT
|
+$404M |
| 5 |
Broadcom
AVGO
|
+$385M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 32.53% |
| 2 | Consumer Discretionary | 20.25% |
| 3 | Communication Services | 13.08% |
| 4 | Healthcare | 12.82% |
| 5 | Financials | 10.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
Assembly Biosciences
ASMB
$694M
| $54.9M | 0.05% |
196,106
+1,037
| +0.5% | +$242K |
|
152
Avient
AVNT
$4.1B
| $54.7M | 0.05% |
2,083,828
+35,198
| +2% | +$817K |
|
|
IPHI
153
DELISTED
INPHI CORPORATION
IPHI
| $54.7M | 0.05% |
465,132
-10,090
| -2% | -$1.06M |
|
154
IQVIA
IQV
$43.1B
| $54.6M | 0.05% |
385,010
-127,775
| -25% | -$17.3M |
|
155
Capital One
COF
$132B
| $54.5M | 0.05% |
870,190
+291,936
| +50% | +$18.2M |
|
|
WPX
156
DELISTED
WPX Energy, Inc.
WPX
| $54.4M | 0.05% |
8,526,108
-129,943
| -2% | -$733K |
|
157
Dollar General
DG
$27.1B
| $54.3M | 0.05% |
284,927
-34,696
| -11% | -$6.28M |
|
158
DTE Energy
DTE
$28.3B
| $54.1M | 0.05% |
591,682
+34,094
| +6% | +$3.02M |
|
159
Xcel Energy
XEL
$47.8B
| $53.9M | 0.05% |
861,984
| – | – |
|
160
Crown Holdings
CCK
$12.9B
| $53.4M | 0.05% |
819,567
+212,508
| +35% | +$13.4M |
|
161
Advanced Micro Devices
AMD
$760B
| $53.1M | 0.05% |
1,009,871
-2,091,658
| -67% | -$111M |
|
162
Varonis Systems
VRNS
$5.04B
| $52.4M | 0.05% |
1,775,943
+402,009
| +29% | +$10.1M |
|
|
RVNC
163
DELISTED
Revance Therapeutics, Inc.
RVNC
| $51.9M | 0.05% |
2,126,541
+424,017
| +25% | +$8.37M |
|
164
Teleflex
TFX
$5.92B
| $51.8M | 0.05% |
142,348
+20,050
| +16% | +$6.93M |
|
165
Atmos Energy
ATO
$28.2B
| $49.1M | 0.04% |
493,257
| – | – |
|
|
SGEN
166
DELISTED
Seagen Inc. Common Stock
SGEN
| $48.9M | 0.04% |
287,627
+153,380
| +114% | +$22.9M |
|
167
Monolithic Power Systems
MPWR
$61.7B
| $48.6M | 0.04% |
205,026
-31,552
| -13% | -$6.39M |
|
168
Jack in the Box
JACK
$311M
| $48.1M | 0.04% |
648,766
+200,342
| +45% | +$12.3M |
|
|
ACC
169
DELISTED
American Campus Communities, Inc.
ACC
| $47.9M | 0.04% |
1,368,996
-60,437
| -4% | -$2M |
|
|
HRC
170
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $47.4M | 0.04% |
432,141
-192,363
| -31% | -$20.1M |
|
171
Duke Energy
DUK
$93.8B
| $47.4M | 0.04% |
593,011
| – | – |
|
|
AAMI
172
Acadian Asset Management
AAMI
$3.4B
| $47.2M | 0.04% |
3,788,435
-124,344
| -3% | -$1.02M |
|
173
JB Hunt Transport Services
JBHT
$24.5B
| $47M | 0.04% |
390,675
-69,633
| -15% | -$7.5M |
|
174
RenaissanceRe
RNR
$13.7B
| $46.9M | 0.04% |
274,507
+249,476
| +997% | +$40.9M |
|
175
Church & Dwight Co
CHD
$24B
| $46.2M | 0.04% |
597,088
+144,330
| +32% | +$10.5M |
|
Similar funds
Jennison Associates's Q2 2020 Portfolio in Review
As of Q2 2020, Jennison Associates held 732 positions worth $111B, up 34% from $82.3B the previous quarter. Its ten largest holdings account for 39% of the portfolio.
Jennison Associates's Q2 2020 filing shows 114 new, 259 increased, 235 reduced and 112 closed positions. Its largest new stake was Spotify: 2,981,887 shares worth $770M. The largest sale was Alibaba, an estimated $1.05B.
By sector, the portfolio is most concentrated in Technology at 33% of assets, up from 31% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q2 2020 buy was Spotify: 2,981,887 shares worth $770M.
- Jennison Associates added most to RingCentral in Q2 2020, an estimated $588M increase.
- Jennison Associates's biggest Q2 2020 reduction was Alibaba, cutting an estimated $1.05B.
- Jennison Associates fully exited Marriott International in Q2 2020, selling an estimated $165M.
- Jennison Associates's ten largest holdings make up 39% of its $111B portfolio in Q2 2020.
- Jennison Associates opened 114 new positions and closed 112 in Q2 2020.
- Jennison Associates's portfolio value rose 34% quarter-over-quarter to $111B.
Based on Jennison Associates's 13F filing for Q2 2020, filed 6 Aug 2020.