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 |
PNC Financial Services
PNC
|
+$630M |
| 2 |
Nike
NKE
|
+$627M |
| 3 |
XYZ
Block Inc
XYZ
|
+$306M |
| 4 |
ALXN
Alexion Pharmaceuticals
ALXN
|
+$295M |
| 5 |
FedEx
FDX
|
+$248M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.2B |
| 2 |
Meta Platforms (Facebook)
META
|
+$669M |
| 3 |
AbbVie
ABBV
|
+$567M |
| 4 |
Corning
GLW
|
+$343M |
| 5 |
McDonald's
MCD
|
+$342M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.83% |
| 2 | Consumer Discretionary | 16.55% |
| 3 | Financials | 13.82% |
| 4 | Healthcare | 12.55% |
| 5 | Communication Services | 11.59% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Ingersoll Rand
IR
$32.6B
| $61.1M | 0.06% |
1,992,058
-267,745
| -12% | -$8.92M |
|
227
Brighthouse Financial
BHF
$3.56B
| $61.1M | 0.06% |
1,188,920
+116,853
| +11% | +$6.75M |
|
|
GWPH
228
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $60.6M | 0.06% |
538,293
+48,403
| +10% | +$6.09M |
|
229
Moelis & Co
MC
$4.97B
| $60.4M | 0.06% |
1,186,911
+436,147
| +58% | +$22.3M |
|
|
XEC
230
DELISTED
CIMAREX ENERGY CO
XEC
| $59.7M | 0.06% |
638,346
+240,994
| +61% | +$25.7M |
|
231
Align Technology
ALGN
$12.1B
| $59.5M | 0.06% |
237,059
-107,702
| -31% | -$27.7M |
|
232
MGM Resorts International
MGM
$11.4B
| $59.2M | 0.06% |
1,691,602
+553,455
| +49% | +$19.4M |
|
233
Viatris
VTRS
$20.4B
| $59.1M | 0.06% |
1,435,069
+471,488
| +49% | +$20.1M |
|
|
AXE
234
DELISTED
Anixter International Inc
AXE
| $57.7M | 0.06% |
761,850
-8,716
| -1% | -$678K |
|
|
VNTR
235
DELISTED
Venator Materials PLC
VNTR
| $57.4M | 0.06% |
3,173,848
+57,772
| +2% | +$1.22M |
|
236
iShares Russell 1000 Growth ETF
IWF
$121B
| $57.3M | 0.06% |
1,683,528
+1,541,264
| +1,083% | +$54M |
|
237
Darling Ingredients
DAR
$9.64B
| $57M | 0.06% |
3,297,279
+507,677
| +18% | +$9.22M |
|
|
ARCH
238
DELISTED
Arch Resources, Inc.
ARCH
| $56.1M | 0.06% |
610,976
-25,313
| -4% | -$2.37M |
|
239
eBay
EBAY
$50.6B
| $55.1M | 0.05% |
1,370,222
-373
| -0% | -$15.4K |
|
240
Seacoast Banking Corp of Florida
SBCF
$3.36B
| $54.9M | 0.05% |
2,073,521
+71,521
| +4% | +$1.89M |
|
|
CYBR
241
DELISTED
CyberArk
CYBR
| $54.7M | 0.05% |
1,071,376
+2,955
| +0.3% | +$137K |
|
242
Gaming and Leisure Properties
GLPI
$12.7B
| $54.5M | 0.05% |
1,628,087
-12,717
| -0.8% | -$440K |
|
243
Agnico Eagle Mines
AEM
$73.6B
| $54.2M | 0.05% |
1,287,671
+566,148
| +78% | +$24.5M |
|
|
AAMI
244
Acadian Asset Management
AAMI
$3.08B
| $54.1M | 0.05% |
3,431,669
+1,685,634
| +97% | +$27.8M |
|
245
Cintas
CTAS
$81.9B
| $54.1M | 0.05% |
1,267,648
+972,400
| +329% | +$40.3M |
|
246
Guidewire Software
GWRE
$12.6B
| $53.6M | 0.05% |
662,841
+464,952
| +235% | +$37.4M |
|
247
Mohawk Industries
MHK
$7.5B
| $53.5M | 0.05% |
230,563
-19,277
| -8% | -$4.97M |
|
248
Boston Scientific
BSX
$69.5B
| $53.2M | 0.05% |
1,947,550
+210,832
| +12% | +$5.73M |
|
|
LOGM
249
DELISTED
LogMein, Inc.
LOGM
| $53.2M | 0.05% |
+460,052
| New | +$56M |
|
250
Celanese
CE
$4.9B
| $53.1M | 0.05% |
530,088
+345,703
| +187% | +$36.5M |
|
Similar funds
Jennison Associates's Q1 2018 Portfolio in Review
As of Q1 2018, Jennison Associates held 730 positions worth $101B, down 0.67% from $101B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Jennison Associates withdrew a net $4.02B in Q1 2018, closing 79 positions and reducing 339 holdings. Its most notable exit was Newell Brands, an estimated $95.7M position sold in full.
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.
Against the trend, Jennison Associates opened a new position in Emerson Electric worth $113M.
- Jennison Associates's largest Q1 2018 buy was Emerson Electric: 1,658,090 shares worth $113M.
- Jennison Associates added most to PNC Financial Services in Q1 2018, an estimated $630M increase.
- Jennison Associates's biggest Q1 2018 reduction was Apple, cutting an estimated $1.2B.
- Jennison Associates fully exited Newell Brands in Q1 2018, selling an estimated $95.7M.
- Jennison Associates's ten largest holdings make up 28% of its $101B portfolio in Q1 2018.
- Jennison Associates opened 81 new positions and closed 79 in Q1 2018.
- Jennison Associates's portfolio value fell 0.67% quarter-over-quarter to $101B.
Based on Jennison Associates's 13F filing for Q1 2018, filed 20 Apr 2018.