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 |
PayPal
PYPL
|
+$638M |
| 2 |
Home Depot
HD
|
+$562M |
| 3 |
Costco
COST
|
+$529M |
| 4 |
AbbVie
ABBV
|
+$493M |
| 5 |
Caterpillar
CAT
|
+$461M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$777M |
| 2 |
CELG
Celgene Corp
CELG
|
+$581M |
| 3 |
Booking.com
BKNG
|
+$579M |
| 4 |
Crown Castle
CCI
|
+$495M |
| 5 |
Regeneron Pharmaceuticals
REGN
|
+$455M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.86% |
| 2 | Consumer Discretionary | 15.64% |
| 3 | Financials | 12.8% |
| 4 | Healthcare | 12.56% |
| 5 | Communication Services | 11.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Pinnacle West Capital
PNW
$12.7B
| $65.3M | 0.06% |
766,163
| – | – |
|
|
GWPH
227
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $64.7M | 0.06% |
489,890
-2,590
| -0.5% | -$304K |
|
|
HT
228
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $64.3M | 0.06% |
3,693,171
-27,006
| -0.7% | -$483K |
|
229
Sarepta Therapeutics
SRPT
$1.72B
| $64M | 0.06% |
1,150,210
+6,357
| +0.6% | +$337K |
|
230
Advance Auto Parts
AAP
$3.49B
| $63.6M | 0.06% |
638,164
+43,352
| +7% | +$3.99M |
|
231
Oracle
ORCL
$347B
| $62.9M | 0.06% |
1,330,957
-973,049
| -42% | -$47.7M |
|
232
Brighthouse Financial
BHF
$3.65B
| $62.9M | 0.06% |
1,072,067
+335,417
| +46% | +$19.8M |
|
233
Teladoc Health
TDOC
$1.59B
| $62.6M | 0.06% |
1,796,388
+3,050
| +0.2% | +$101K |
|
234
AMC Global Media
AMCX
$450M
| $62.4M | 0.06% |
1,154,140
-1,208
| -0.1% | -$64.5K |
|
235
Dominion Energy
D
$61.8B
| $61.5M | 0.06% |
759,077
| – | – |
|
236
NN Inc
NNBR
$273M
| $60.8M | 0.06% |
2,203,608
-19,138
| -0.9% | -$543K |
|
237
Gaming and Leisure Properties
GLPI
$12.8B
| $60.7M | 0.06% |
1,640,804
-28,499
| -2% | -$1.04M |
|
238
SLB Ltd
SLB
$77.8B
| $60.6M | 0.06% |
899,588
-18,682
| -2% | -$1.21M |
|
239
XPO
XPO
$24.2B
| $60.1M | 0.06% |
1,898,475
+1,031,057
| +119% | +$26.4M |
|
240
Pembina Pipeline
PBA
$29.2B
| $59.7M | 0.06% |
1,650,821
+5,828
| +0.4% | +$202K |
|
|
ARCH
241
DELISTED
Arch Resources, Inc.
ARCH
| $59.3M | 0.06% |
636,289
+820
| +0.1% | +$65.3K |
|
242
ProPetro Holding
PUMP
$1.35B
| $59M | 0.06% |
2,925,088
+78,609
| +3% | +$1.33M |
|
|
AXE
243
DELISTED
Anixter International Inc
AXE
| $58.6M | 0.06% |
770,566
+95,781
| +14% | +$7.05M |
|
|
TWX
244
DELISTED
Time Warner Inc
TWX
| $57.6M | 0.06% |
630,156
-173,783
| -22% | -$16.4M |
|
245
Check Point Software Technologies
CHKP
$13.7B
| $57M | 0.06% |
549,909
-322,702
| -37% | -$35M |
|
246
Allegion
ALLE
$13.3B
| $56.9M | 0.06% |
714,561
-453,283
| -39% | -$38M |
|
247
DigitalBridge
DBRG
$2.94B
| $56.7M | 0.06% |
1,242,581
-173,272
| -12% | -$8.51M |
|
|
BRSL
248
Brightstar Lottery PLC
BRSL
$1.93B
| $56.5M | 0.06% |
2,132,681
+1,138,049
| +114% | +$29.2M |
|
249
Sempra
SRE
$59.7B
| $55.6M | 0.05% |
1,040,432
-584
| -0.1% | -$33.9K |
|
250
Merck
MRK
$324B
| $55.2M | 0.05% |
1,028,844
-987,891
| -49% | -$54.8M |
|
Similar funds
Jennison Associates's Q4 2017 Portfolio in Review
As of Q4 2017, Jennison Associates held 724 positions worth $101B, up 3.7% from $97.6B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Jennison Associates's Q4 2017 filing shows 76 new, 253 increased, 308 reduced and 75 closed positions. Its largest new stake was Block Inc: 2,492,825 shares worth $86.4M. The largest sale was NVIDIA, an estimated $777M.
By sector, the portfolio is most concentrated in Technology at 21% of assets, down from 21% a quarter earlier, followed by Consumer Discretionary and Financials.
- Jennison Associates's largest Q4 2017 buy was Block Inc: 2,492,825 shares worth $86.4M.
- Jennison Associates added most to PayPal in Q4 2017, an estimated $638M increase.
- Jennison Associates's biggest Q4 2017 reduction was NVIDIA, cutting an estimated $777M.
- Jennison Associates fully exited Electronic Arts in Q4 2017, selling an estimated $113M.
- Jennison Associates's ten largest holdings make up 27% of its $101B portfolio in Q4 2017.
- Jennison Associates opened 76 new positions and closed 75 in Q4 2017.
- Jennison Associates's portfolio value rose 3.7% quarter-over-quarter to $101B.
Based on Jennison Associates's 13F filing for Q4 2017, filed 25 Jan 2018.