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 | |
|---|---|---|---|---|---|---|
176
American Electric Power
AEP
$69.8B
| $68.1M | 0.05% |
804,281
-1,581,857
| -66% | -$128M |
|
177
Equinix
EQIX
$102B
| $67.7M | 0.05% |
99,670
-27,734
| -22% | -$19M |
|
178
Becton Dickinson
BDX
$46.8B
| $66.6M | 0.05% |
280,586
+99,440
| +55% | +$24.3M |
|
179
Insulet
PODD
$11.7B
| $66.4M | 0.05% |
254,580
+13,185
| +5% | +$3.53M |
|
180
Delta Air Lines
DAL
$60.2B
| $66.1M | 0.05% |
+1,369,987
| New | +$60.6M |
|
181
Jack in the Box
JACK
$320M
| $66M | 0.05% |
600,936
-144,646
| -19% | -$14.7M |
|
182
Cognex
CGNX
$11.2B
| $65.5M | 0.05% |
789,788
-99,344
| -11% | -$8.28M |
|
183
Fortive
FTV
$17.9B
| $63.5M | 0.05% |
1,192,937
+165,183
| +16% | +$8.54M |
|
|
AZEK
184
DELISTED
The AZEK Co
AZEK
| $62.5M | 0.05% |
1,486,321
+67,856
| +5% | +$2.9M |
|
185
Ares Management
ARES
$31.1B
| $62.2M | 0.05% |
1,109,273
+230,186
| +26% | +$11.6M |
|
186
Marvell Technology
MRVL
$173B
| $62.1M | 0.05% |
1,267,226
-189,106
| -13% | -$9.27M |
|
187
Fate Therapeutics
FATE
$291M
| $61.3M | 0.04% |
743,992
-31,365
| -4% | -$3.01M |
|
188
Kontoor Brands
KTB
$4.68B
| $61.1M | 0.04% |
1,259,972
+78,500
| +7% | +$3.51M |
|
189
Amphenol
APH
$202B
| $60.5M | 0.04% |
1,833,918
-27,066
| -1% | -$879K |
|
190
BJs Wholesale Club
BJ
$12.4B
| $60M | 0.04% |
1,338,525
-72,097
| -5% | -$3.02M |
|
191
Southern Company
SO
$107B
| $60M | 0.04% |
+965,710
| New | +$57.8M |
|
192
JELD-WEN Holding
JELD
$125M
| $59.7M | 0.04% |
2,157,629
+412,480
| +24% | +$11.5M |
|
|
BAND
193
Bandwidth Inc
BAND
$1.41B
| $59.6M | 0.04% |
470,164
+7,645
| +2% | +$1.18M |
|
194
Microchip Technology
MCHP
$40.8B
| $59.4M | 0.04% |
765,666
-18,720
| -2% | -$1.4M |
|
195
Agilent Technologies
A
$39.6B
| $59.4M | 0.04% |
467,117
+13,415
| +3% | +$1.66M |
|
|
EVBG
196
DELISTED
Everbridge, Inc. Common Stock
EVBG
| $58.9M | 0.04% |
486,022
+133,667
| +38% | +$18.8M |
|
|
RVNC
197
DELISTED
Revance Therapeutics, Inc.
RVNC
| $58.7M | 0.04% |
2,100,983
-100,525
| -5% | -$2.78M |
|
198
Eversource Energy
ES
$27B
| $57.7M | 0.04% |
666,892
+246,670
| +59% | +$20.9M |
|
199
HubSpot
HUBS
$12.3B
| $57M | 0.04% |
125,494
+2,457
| +2% | +$1.08M |
|
200
O'Reilly Automotive
ORLY
$73.4B
| $56.8M | 0.04% |
1,678,365
-99,465
| -6% | -$3.08M |
|
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.