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 |
TWX
Time Warner Inc
TWX
|
+$567M |
| 2 |
Kroger
KR
|
+$566M |
| 3 |
AGN
Allergan plc
AGN
|
+$491M |
| 4 |
NXP Semiconductors
NXPI
|
+$366M |
| 5 |
Sherwin-Williams
SHW
|
+$274M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PCP
PRECISION CASTPARTS CORP
PCP
|
+$880M |
| 2 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$731M |
| 3 |
CELG
Celgene Corp
CELG
|
+$395M |
| 4 |
AGN
Allergan Inc
AGN
|
+$320M |
| 5 |
TIF
Tiffany & Co.
TIF
|
+$309M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 20.03% |
| 2 | Consumer Discretionary | 14.7% |
| 3 | Technology | 12.89% |
| 4 | Communication Services | 12.45% |
| 5 | Financials | 8.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
WR
226
DELISTED
Westar Energy Inc
WR
| $86.4M | 0.08% |
2,227,993
+38,679
| +2% | +$1.55M |
|
227
McKesson
MCK
$101B
| $85.7M | 0.08% |
378,939
+55,982
| +17% | +$12.4M |
|
228
Range Resources
RRC
$9.24B
| $85.6M | 0.08% |
1,644,412
+31,729
| +2% | +$1.57M |
|
|
CPPL
229
DELISTED
Columbia Pipeline Partners LP
CPPL
| $84.9M | 0.08% |
+3,064,548
| New | +$84.3M |
|
230
Chevron
CVX
$383B
| $84.3M | 0.08% |
802,625
-365
| -0% | -$39K |
|
231
Artisan Partners
APAM
$2.82B
| $84.1M | 0.08% |
1,850,864
-172,755
| -9% | -$8.17M |
|
|
GOLD
232
DELISTED
Randgold Resources Ltd
GOLD
| $84.1M | 0.08% |
1,221,678
+7,064
| +0.6% | +$531K |
|
|
XLNX
233
DELISTED
Xilinx Inc
XLNX
| $83.9M | 0.08% |
1,984,138
-1,680,696
| -46% | -$68.9M |
|
234
General Motors
GM
$80B
| $83.7M | 0.08% |
2,232,233
-3,506
| -0.2% | -$128K |
|
235
Capital One
COF
$129B
| $83M | 0.08% |
1,052,740
+29
| +0% | +$2.28K |
|
236
Deckers Outdoor
DECK
$13.6B
| $82.8M | 0.08% |
6,820,326
+243,966
| +4% | +$3.14M |
|
237
Adecoagro
AGRO
$1.47B
| $82.8M | 0.08% |
8,099,503
+173,880
| +2% | +$1.51M |
|
|
KRFT
238
DELISTED
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
| $82.8M | 0.08% |
949,892
+890,200
| +1,491% | +$58.8M |
|
|
VTLE
239
DELISTED
Vital Energy
VTLE
| $82M | 0.08% |
314,491
-160,688
| -34% | -$36.5M |
|
240
Molson Coors Class B
TAP
$7.79B
| $81.6M | 0.07% |
1,096,646
+58,246
| +6% | +$4.39M |
|
241
TransDigm Group
TDG
$69.9B
| $81.4M | 0.07% |
372,253
-12,477
| -3% | -$2.63M |
|
|
EMC
242
DELISTED
EMC CORPORATION
EMC
| $81.2M | 0.07% |
3,177,082
+45
| +0% | +$1.24K |
|
|
AIRM
243
DELISTED
Air Methods Corp
AIRM
| $81M | 0.07% |
1,738,484
-322,336
| -16% | -$14.8M |
|
|
OTIC
244
DELISTED
Otonomy, Inc.
OTIC
| $80.9M | 0.07% |
2,287,877
+1,044,595
| +84% | +$35.7M |
|
245
Acadia Pharmaceuticals
ACAD
$4.55B
| $80.9M | 0.07% |
2,481,221
-392,795
| -14% | -$13.5M |
|
246
Cooper Companies
COO
$14.2B
| $80.1M | 0.07% |
1,709,584
-1,432,668
| -46% | -$60.5M |
|
247
HCA Healthcare
HCA
$85.7B
| $79.9M | 0.07% |
1,062,199
+2,077
| +0.2% | +$149K |
|
|
KATE
248
DELISTED
Kate Spade & Company
KATE
| $78.6M | 0.07% |
2,352,575
+117,141
| +5% | +$3.71M |
|
249
American Water Works
AWK
$26.7B
| $78.1M | 0.07% |
1,441,509
-20,267
| -1% | -$1.1M |
|
250
Travere Therapeutics
TVTX
$5.33B
| $77.7M | 0.07% |
3,243,887
+96,594
| +3% | +$1.47M |
|
Similar funds
Jennison Associates's Q1 2015 Portfolio in Review
As of Q1 2015, Jennison Associates held 801 positions worth $109B, up 2.1% from $107B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Jennison Associates's Q1 2015 filing shows 86 new, 297 increased, 319 reduced and 92 closed positions. Its largest new stake was NXP Semiconductors: 4,151,977 shares worth $417M. The largest sale was PRECISION CASTPARTS CORP, an estimated $880M.
By sector, the portfolio is most concentrated in Healthcare at 20% of assets, up from 19% a quarter earlier, followed by Consumer Discretionary and Technology.
- Jennison Associates's largest Q1 2015 buy was NXP Semiconductors: 4,151,977 shares worth $417M.
- Jennison Associates added most to Time Warner Inc in Q1 2015, an estimated $567M increase.
- Jennison Associates's biggest Q1 2015 reduction was Twenty-First Century Fox, Inc. Class A, cutting an estimated $731M.
- Jennison Associates fully exited PRECISION CASTPARTS CORP in Q1 2015, selling an estimated $880M.
- Jennison Associates's ten largest holdings make up 21% of its $109B portfolio in Q1 2015.
- Jennison Associates opened 86 new positions and closed 92 in Q1 2015.
- Jennison Associates's portfolio value rose 2.1% quarter-over-quarter to $109B.
Based on Jennison Associates's 13F filing for Q1 2015, filed 4 May 2015.