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 |
Match Group
MTCH
|
+$1.51B |
| 2 |
Peloton Interactive
PTON
|
+$792M |
| 3 |
Twilio
TWLO
|
+$558M |
| 4 |
Teladoc Health
TDOC
|
+$484M |
| 5 |
Visa
V
|
+$365M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alibaba
BABA
|
+$1.24B |
| 2 |
BioMarin Pharmaceuticals
BMRN
|
+$702M |
| 3 |
Microsoft
MSFT
|
+$688M |
| 4 |
Mastercard
MA
|
+$665M |
| 5 |
Boeing
BA
|
+$548M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 33.06% |
| 2 | Consumer Discretionary | 23.86% |
| 3 | Communication Services | 13.34% |
| 4 | Healthcare | 10.36% |
| 5 | Financials | 9.73% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
BJs Wholesale Club
BJ
$12.3B
| $51.3M | 0.04% |
1,235,396
+204,283
| +20% | +$8.44M |
|
|
AAMI
177
Acadian Asset Management
AAMI
$3.28B
| $51.2M | 0.04% |
3,966,742
+178,307
| +5% | +$2.35M |
|
178
PENN Entertainment
PENN
$2.68B
| $51.1M | 0.04% |
703,359
-581,119
| -45% | -$28.5M |
|
179
Brunswick
BC
$5.41B
| $51M | 0.04% |
865,299
+546,124
| +171% | +$34.8M |
|
180
Lam Research
LRCX
$398B
| $50M | 0.04% |
1,507,720
-483,040
| -24% | -$16.6M |
|
|
ACC
181
DELISTED
American Campus Communities, Inc.
ACC
| $49.8M | 0.04% |
1,424,687
+55,691
| +4% | +$1.92M |
|
|
182
BioMarin Pharmaceuticals
BMRN
$11.7B
| $49.7M | 0.04% |
652,792
-6,937,973
| -91% | -$702M |
|
183
Dow Inc
DOW
$21.9B
| $49.1M | 0.04% |
1,043,290
+220,264
| +27% | +$9.89M |
|
184
GFL Environmental
GFL
$15.2B
| $49M | 0.04% |
2,302,636
-98,711
| -4% | -$1.99M |
|
185
Fortive
FTV
$18.3B
| $48.9M | 0.04% |
+1,018,152
| New | +$46.4M |
|
|
GLDD
186
DELISTED
Great Lakes Dredge & Dock
GLDD
| $48.5M | 0.04% |
5,104,687
+514,677
| +11% | +$4.72M |
|
187
Teleflex
TFX
$6.2B
| $48.5M | 0.04% |
142,444
+96
| +0.1% | +$35.6K |
|
188
Take-Two Interactive
TTWO
$44.9B
| $48.4M | 0.04% |
292,870
+22,940
| +8% | +$3.73M |
|
189
AbbVie
ABBV
$431B
| $47.8M | 0.04% |
546,099
+104,234
| +24% | +$9.81M |
|
190
Align Technology
ALGN
$12.4B
| $47.7M | 0.04% |
145,749
+27,867
| +24% | +$8.51M |
|
191
Phreesia
PHR
$707M
| $47.2M | 0.04% |
1,469,764
+491,174
| +50% | +$14.6M |
|
192
Emergent Biosolutions
EBS
$391M
| $46.8M | 0.04% |
452,648
+2,164
| +0.5% | +$233K |
|
193
Agilent Technologies
A
$39.3B
| $46.6M | 0.04% |
461,930
+58,647
| +15% | +$5.67M |
|
194
Burlington
BURL
$23.2B
| $46.3M | 0.04% |
224,635
-150,607
| -40% | -$29.3M |
|
195
Palo Alto Networks
PANW
$299B
| $46M | 0.04% |
1,128,090
+425,364
| +61% | +$17.7M |
|
196
Bankunited
BKU
$3.46B
| $45.4M | 0.04% |
2,072,637
-205,474
| -9% | -$4.36M |
|
197
Pinnacle Financial Partners Inc
PNFP
$16.5B
| $45.2M | 0.04% |
1,270,159
+311,240
| +32% | +$12.4M |
|
198
Littelfuse
LFUS
$11.8B
| $45M | 0.04% |
253,879
+123,433
| +95% | +$21.9M |
|
199
Cousins Properties
CUZ
$5.09B
| $44.8M | 0.04% |
1,566,306
+56,219
| +4% | +$1.68M |
|
200
SLM Corp
SLM
$5.24B
| $44.4M | 0.04% |
5,489,857
-574,851
| -9% | -$4.2M |
|
Similar funds
Jennison Associates's Q3 2020 Portfolio in Review
As of Q3 2020, Jennison Associates held 720 positions worth $124B, up 12% from $111B the previous quarter. Its ten largest holdings account for 42% of the portfolio.
Jennison Associates's Q3 2020 filing shows 100 new, 258 increased, 257 reduced and 100 closed positions. Its largest new stake was Peloton Interactive: 10,766,951 shares worth $1.07B. The largest sale was Alibaba, an estimated $1.24B.
By sector, the portfolio is most concentrated in Technology at 33% of assets, up from 32% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q3 2020 buy was Peloton Interactive: 10,766,951 shares worth $1.07B.
- Jennison Associates added most to Match Group in Q3 2020, an estimated $1.51B increase.
- Jennison Associates's biggest Q3 2020 reduction was Alibaba, cutting an estimated $1.24B.
- Jennison Associates fully exited Boeing in Q3 2020, selling an estimated $548M.
- Jennison Associates's ten largest holdings make up 42% of its $124B portfolio in Q3 2020.
- Jennison Associates opened 100 new positions and closed 100 in Q3 2020.
- Jennison Associates's portfolio value rose 12% quarter-over-quarter to $124B.
Based on Jennison Associates's 13F filing for Q3 2020, filed 4 Nov 2020.