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 | |
|---|---|---|---|---|---|---|
151
Burlington
BURL
$23.2B
| $79.8M | 0.06% |
267,117
-11,838
| -4% | -$3.22M |
|
|
AAMI
152
Acadian Asset Management
AAMI
$3.14B
| $79.4M | 0.06% |
3,896,713
+105,012
| +3% | +$2.07M |
|
|
ACC
153
DELISTED
American Campus Communities, Inc.
ACC
| $78.4M | 0.06% |
1,817,153
+330,217
| +22% | +$14M |
|
154
Blackstone
BX
$105B
| $77.6M | 0.06% |
1,041,681
+389,625
| +60% | +$26.9M |
|
155
Five Below
FIVE
$11.9B
| $77.6M | 0.06% |
406,482
-174,777
| -30% | -$32.9M |
|
|
GLDD
156
DELISTED
Great Lakes Dredge & Dock
GLDD
| $77.5M | 0.06% |
5,315,387
+251,829
| +5% | +$3.67M |
|
157
Deere & Co
DE
$165B
| $76.9M | 0.06% |
205,631
+37,171
| +22% | +$12.2M |
|
158
Phreesia
PHR
$694M
| $76.3M | 0.06% |
1,464,324
-98,266
| -6% | -$6.19M |
|
159
GE Aerospace
GE
$378B
| $76M | 0.06% |
+1,161,288
| New | +$70.3M |
|
160
PG&E
PCG
$37.7B
| $75.6M | 0.06% |
6,458,254
+3,392,985
| +111% | +$39.4M |
|
161
Pinnacle Financial Partners Inc
PNFP
$16.2B
| $74.8M | 0.05% |
843,578
-249,418
| -23% | -$19.7M |
|
162
Otis Worldwide
OTIS
$27.5B
| $74.4M | 0.05% |
1,086,276
-1,478
| -0.1% | -$96.6K |
|
163
10x Genomics
TXG
$6.08B
| $74.2M | 0.05% |
410,018
-34,591
| -8% | -$5.97M |
|
164
Alcon
ALC
$34B
| $73.8M | 0.05% |
1,053,261
+206,231
| +24% | +$14.6M |
|
165
Azenta
AZTA
$1.37B
| $73.6M | 0.05% |
901,845
-86,734
| -9% | -$6.99M |
|
166
Edison International
EIX
$27.8B
| $72.9M | 0.05% |
1,243,814
-3,512
| -0.3% | -$206K |
|
167
Evergy
EVRG
$19.2B
| $71.6M | 0.05% |
1,202,986
+601,468
| +100% | +$33.3M |
|
168
Zurn Elkay Water Solutions
ZWS
$8.45B
| $71.6M | 0.05% |
3,155,018
-859,042
| -21% | -$18.5M |
|
169
Bankunited
BKU
$3.4B
| $71.3M | 0.05% |
1,622,607
-210,768
| -11% | -$8.65M |
|
170
JB Hunt Transport Services
JBHT
$25.6B
| $70.9M | 0.05% |
422,022
-1,591
| -0.4% | -$239K |
|
171
Qualcomm
QCOM
$157B
| $70.6M | 0.05% |
532,504
-525,948
| -50% | -$75.9M |
|
172
Entergy
ETR
$50.5B
| $70.6M | 0.05% |
1,418,798
-966,104
| -41% | -$45.6M |
|
173
Enovis
ENOV
$1.77B
| $69.6M | 0.05% |
922,647
+507,138
| +122% | +$37.2M |
|
174
Acadia Healthcare
ACHC
$2.88B
| $68.9M | 0.05% |
1,206,577
+29,417
| +2% | +$1.59M |
|
|
SWAV
175
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $68.6M | 0.05% |
526,914
-50,192
| -9% | -$6.02M |
|
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.