Jennison Associates LLC reported new or expanded stakes across five companies in the first quarter, reflecting a broad buy-and-hold strategy across shipping, healthcare, digital advertising, materials, and software. In Scorpio Tankers, the firm initiated a position by purchasing 15,550 shares worth about $1.16 million. It also increased its Haemonetics holdings by about 86% to 22,536 shares, valuing the stake at roughly $1.27 million. For Magnite, Jennison took on 57,849 shares, approximately $687,000 in value. The firm raised its Steel Dynamics stake by 18.1% to 110,030 shares, valued at around $19.8 million, and boosted Salesforce holdings by 47.5% to 43,442 shares, worth about $8.11 million. These moves illustrate Jennison’s active portfolio adjustments across multiple sectors during the quarter.