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 | |
|---|---|---|---|---|---|---|
201
Bankunited
BKU
$3.37B
| $55.6M | 0.04% |
1,328,913
+5,803
| +0.4% | +$238K |
|
202
Amphenol
APH
$198B
| $55.6M | 0.04% |
1,517,452
-93,882
| -6% | -$3.45M |
|
203
Trane Technologies
TT
$100B
| $55.2M | 0.04% |
319,831
+60,502
| +23% | +$11.6M |
|
204
Azenta
AZTA
$1.3B
| $54.9M | 0.04% |
536,104
+139,733
| +35% | +$12.5M |
|
205
Cousins Properties
CUZ
$5.19B
| $54.8M | 0.04% |
1,470,716
+138,361
| +10% | +$5.33M |
|
|
FOLD
206
DELISTED
Amicus Therapeutics
FOLD
| $54.2M | 0.04% |
5,671,041
-90,644
| -2% | -$927K |
|
207
Lazard
LAZ
$4.13B
| $53.8M | 0.03% |
1,174,677
-132,827
| -10% | -$6.2M |
|
208
Tower Semiconductor
TSEM
$24.8B
| $53.6M | 0.03% |
1,794,230
+6,732
| +0.4% | +$194K |
|
209
Century Communities
CCS
$1.91B
| $53.4M | 0.03% |
868,414
+253,650
| +41% | +$16.8M |
|
210
Hilton Worldwide
HLT
$72.1B
| $53M | 0.03% |
400,909
+7,938
| +2% | +$1M |
|
211
AXIS Capital
AXS
$7.68B
| $52.3M | 0.03% |
1,136,917
+318,462
| +39% | +$15.8M |
|
212
SBA Communications
SBAC
$19.2B
| $52M | 0.03% |
157,285
+4,160
| +3% | +$1.44M |
|
213
Ares Management
ARES
$28.9B
| $51.6M | 0.03% |
698,557
-517,146
| -43% | -$37.2M |
|
214
Xcel Energy
XEL
$48.8B
| $51.1M | 0.03% |
817,307
| – | – |
|
215
Emerson Electric
EMR
$83.9B
| $51M | 0.03% |
540,992
-54,983
| -9% | -$5.49M |
|
216
O'Reilly Automotive
ORLY
$72.9B
| $50.6M | 0.03% |
1,241,295
-381,750
| -24% | -$15.3M |
|
217
WEX
WEX
$6.37B
| $50.1M | 0.03% |
284,183
-28,483
| -9% | -$5.19M |
|
218
Outset Medical
OM
$84.7M
| $50M | 0.03% |
67,411
+19,825
| +42% | +$13.5M |
|
|
HOLX
219
DELISTED
Hologic
HOLX
| $49.9M | 0.03% |
676,089
+326,308
| +93% | +$24.5M |
|
220
Eversource Energy
ES
$26.9B
| $49.8M | 0.03% |
609,270
+8,957
| +1% | +$778K |
|
221
Aptiv
APTV
$12B
| $49.7M | 0.03% |
333,322
+45,393
| +16% | +$7.07M |
|
222
Darling Ingredients
DAR
$9.64B
| $49.5M | 0.03% |
687,754
+47,388
| +7% | +$3.39M |
|
|
PACW
223
DELISTED
PacWest Bancorp
PACW
| $49.2M | 0.03% |
1,085,759
+114,398
| +12% | +$4.74M |
|
224
Etsy
ETSY
$7.75B
| $48.8M | 0.03% |
234,853
+74,901
| +47% | +$15.2M |
|
225
RenaissanceRe
RNR
$13.3B
| $48.7M | 0.03% |
349,250
+26,864
| +8% | +$4.07M |
|
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.