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 | |
|---|---|---|---|---|---|---|
176
Alcon
ALC
$33.6B
| $63.7M | 0.04% |
783,101
-33,912
| -4% | -$2.61M |
|
177
Nordson
NDSN
$16.6B
| $63.6M | 0.04% |
266,941
+12,856
| +5% | +$2.97M |
|
178
Gartner
IT
$10.1B
| $63.2M | 0.04% |
208,024
+59,185
| +40% | +$17.2M |
|
179
Burlington
BURL
$23.2B
| $62.5M | 0.04% |
220,350
-34,660
| -14% | -$11.1M |
|
180
MACOM Technology Solutions
MTSI
$19.2B
| $61.7M | 0.04% |
951,173
+43,204
| +5% | +$2.65M |
|
181
Varonis Systems
VRNS
$4.59B
| $61.4M | 0.04% |
1,008,882
-30,004
| -3% | -$1.88M |
|
182
Marvell Technology
MRVL
$168B
| $61.4M | 0.04% |
1,017,696
-48,771
| -5% | -$2.92M |
|
183
Cognex
CGNX
$10.9B
| $61M | 0.04% |
760,428
+3,413
| +0.5% | +$294K |
|
184
FedEx
FDX
$72.7B
| $60.6M | 0.04% |
276,436
-157,315
| -36% | -$42.7M |
|
185
Kontoor Brands
KTB
$4.63B
| $60.2M | 0.04% |
1,206,146
+8,719
| +0.7% | +$483K |
|
|
SWAV
186
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $60M | 0.04% |
291,414
+1,826
| +0.6% | +$359K |
|
|
EFOR
187
Everforth Inc
EFOR
$1.17B
| $59.1M | 0.04% |
522,035
+49,685
| +11% | +$5.23M |
|
188
Bloomin' Brands
BLMN
$741M
| $59M | 0.04% |
2,361,517
+283,832
| +14% | +$7.35M |
|
189
Ametek
AME
$55.4B
| $58.9M | 0.04% |
475,029
+81,592
| +21% | +$11M |
|
|
EVBG
190
DELISTED
Everbridge, Inc. Common Stock
EVBG
| $58.7M | 0.04% |
388,743
-74,792
| -16% | -$11.1M |
|
|
RVNC
191
DELISTED
Revance Therapeutics, Inc.
RVNC
| $58.1M | 0.04% |
2,085,526
+142,946
| +7% | +$4.08M |
|
192
Entegris
ENTG
$18.1B
| $58.1M | 0.04% |
461,207
+1,604
| +0.3% | +$193K |
|
|
SMAR
193
DELISTED
Smartsheet Inc.
SMAR
| $57.9M | 0.04% |
840,929
+498,586
| +146% | +$36.7M |
|
194
Agilent Technologies
A
$39.1B
| $57.6M | 0.04% |
365,769
-13,308
| -4% | -$2.15M |
|
195
JELD-WEN Holding
JELD
$122M
| $57.1M | 0.04% |
2,282,824
+135,650
| +6% | +$3.62M |
|
196
Shift4
FOUR
$4.2B
| $56.8M | 0.04% |
733,068
+233,960
| +47% | +$20.2M |
|
197
Wintrust Financial
WTFC
$10.8B
| $56.8M | 0.04% |
706,946
+104,201
| +17% | +$7.69M |
|
198
Comcast
CMCSA
$85B
| $56.7M | 0.04% |
1,014,348
-23,980
| -2% | -$1.4M |
|
199
Enbridge
ENB
$119B
| $56.6M | 0.04% |
1,421,550
-24,775
| -2% | -$977K |
|
|
SGEN
200
DELISTED
Seagen Inc. Common Stock
SGEN
| $55.6M | 0.04% |
+327,370
| New | +$50.9M |
|
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.