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 |
Alphabet (Google) Class A
GOOGL
|
+$2.04B |
| 2 |
Microsoft
MSFT
|
+$941M |
| 3 |
Alibaba
BABA
|
+$782M |
| 4 |
McDonald's
MCD
|
+$625M |
| 5 |
Home Depot
HD
|
+$409M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class C
GOOG
|
+$1.96B |
| 2 |
Chipotle Mexican Grill
CMG
|
+$765M |
| 3 |
Dollar General
DG
|
+$609M |
| 4 |
Apple
AAPL
|
+$489M |
| 5 |
AGN
Allergan plc
AGN
|
+$419M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 18.98% |
| 2 | Consumer Discretionary | 18.73% |
| 3 | Communication Services | 15.16% |
| 4 | Technology | 12.68% |
| 5 | Financials | 9.93% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Pacira BioSciences
PCRX
$1.04B
| $72.3M | 0.07% |
941,987
-11,889
| -1% | -$673K |
|
227
Zimmer Biomet
ZBH
$18.8B
| $72M | 0.07% |
722,558
-368,498
| -34% | -$36.1M |
|
|
CSRA
228
DELISTED
CSRA Inc.
CSRA
| $71.8M | 0.07% |
+2,391,748
| New | +$68.6M |
|
|
TWC
229
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| $71.4M | 0.07% |
384,545
+61,928
| +19% | +$11.5M |
|
|
SUM
230
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $71M | 0.07% |
3,696,669
+478,786
| +15% | +$9.76M |
|
231
Texas Roadhouse
TXRH
$13.7B
| $70.5M | 0.07% |
1,972,002
+75,878
| +4% | +$2.69M |
|
232
CVS Health
CVS
$135B
| $69.7M | 0.07% |
712,925
-302,486
| -30% | -$29.6M |
|
233
Humana
HUM
$43.9B
| $69M | 0.07% |
386,347
+56,287
| +17% | +$9.88M |
|
234
G-III Apparel Group
GIII
$1.54B
| $68.8M | 0.07% |
1,554,963
+194,028
| +14% | +$10.1M |
|
235
PVH
PVH
$4.07B
| $68.6M | 0.07% |
931,984
-361,235
| -28% | -$32M |
|
|
ULTI
236
DELISTED
Ultimate Software Group Inc
ULTI
| $68.4M | 0.07% |
349,670
+450
| +0.1% | +$88.1K |
|
|
ITCI
237
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $67.7M | 0.07% |
1,257,846
+855,846
| +213% | +$43.2M |
|
|
XIFR
238
XPLR Infrastructure LP
XIFR
$1.04B
| $66.4M | 0.07% |
2,225,812
+51,264
| +2% | +$1.34M |
|
239
TripAdvisor
TRIP
$1.7B
| $66.4M | 0.07% |
778,831
+192,121
| +33% | +$15.5M |
|
|
XLNX
240
DELISTED
Xilinx Inc
XLNX
| $65.7M | 0.06% |
1,399,147
-364
| -0% | -$17.2K |
|
241
Clearway Energy Class C
CWEN
$4.79B
| $65.6M | 0.06% |
4,445,520
-71,830
| -2% | -$1.03M |
|
|
CPN
242
DELISTED
Calpine Corporation
CPN
| $65.1M | 0.06% |
4,496,968
+648,505
| +17% | +$9.49M |
|
|
FTRPR
243
DELISTED
Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock
FTRPR
| $64.9M | 0.06% |
708,223
+32,600
| +5% | +$3.14M |
|
244
Korn Ferry
KFY
$4.31B
| $64.7M | 0.06% |
1,950,006
+21,781
| +1% | +$765K |
|
245
Bankunited
BKU
$3.33B
| $64.2M | 0.06% |
1,780,357
-64,878
| -4% | -$2.41M |
|
246
Viatris
VTRS
$20.8B
| $63.9M | 0.06% |
1,182,318
+335,364
| +40% | +$16.1M |
|
247
Expeditors International
EXPD
$22.3B
| $63.8M | 0.06% |
1,413,727
-510,543
| -27% | -$24.8M |
|
|
XEC
248
DELISTED
CIMAREX ENERGY CO
XEC
| $63.7M | 0.06% |
713,069
-111,002
| -13% | -$12.3M |
|
|
DBD
249
DELISTED
Diebold Nixdorf Incorporated
DBD
| $63.6M | 0.06% |
2,114,701
+379,027
| +22% | +$12.9M |
|
|
PPL
250
PPL Corp
PPL
$26.9B
| $63.5M | 0.06% |
1,861,692
-461,988
| -20% | -$15.6M |
|
Similar funds
Jennison Associates's Q4 2015 Portfolio in Review
As of Q4 2015, Jennison Associates held 786 positions worth $102B, up 4.4% from $97.6B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Jennison Associates's Q4 2015 filing shows 65 new, 298 increased, 279 reduced and 131 closed positions. Its largest new stake was Alphabet (Google) Class A: 55,026,880 shares worth $2.14B. The largest sale was Alphabet (Google) Class C, an estimated $1.96B.
By sector, the portfolio is most concentrated in Healthcare at 19% of assets, down from 19% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q4 2015 buy was Alphabet (Google) Class A: 55,026,880 shares worth $2.14B.
- Jennison Associates added most to Microsoft in Q4 2015, an estimated $941M increase.
- Jennison Associates's biggest Q4 2015 reduction was Alphabet (Google) Class C, cutting an estimated $1.96B.
- Jennison Associates fully exited Chipotle Mexican Grill in Q4 2015, selling an estimated $765M.
- Jennison Associates's ten largest holdings make up 23% of its $102B portfolio in Q4 2015.
- Jennison Associates opened 65 new positions and closed 131 in Q4 2015.
- Jennison Associates's portfolio value rose 4.4% quarter-over-quarter to $102B.
Based on Jennison Associates's 13F filing for Q4 2015, filed 10 Feb 2016.