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 |
AstraZeneca
AZN
|
+$774M |
| 2 |
Intuitive Surgical
ISRG
|
+$654M |
| 3 |
S&P Global
SPGI
|
+$464M |
| 4 |
ALXN
Alexion Pharmaceuticals
ALXN
|
+$326M |
| 5 |
CELG
Celgene Corp
CELG
|
+$243M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FedEx
FDX
|
+$591M |
| 2 |
Broadcom
AVGO
|
+$550M |
| 3 |
Monster Beverage
MNST
|
+$408M |
| 4 |
Booking.com
BKNG
|
+$377M |
| 5 |
McDonald's
MCD
|
+$371M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 22.27% |
| 2 | Consumer Discretionary | 16.23% |
| 3 | Healthcare | 15.49% |
| 4 | Financials | 12.97% |
| 5 | Communication Services | 11.28% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
IMAX
IMAX
$2.67B
| $61.1M | 0.06% |
+2,368,904
| New | +$55.8M |
|
227
Seacoast Banking Corp of Florida
SBCF
$3.3B
| $60.9M | 0.06% |
2,084,536
+28,896
| +1% | +$895K |
|
228
Darling Ingredients
DAR
$9.32B
| $60.5M | 0.06% |
3,128,941
-372,330
| -11% | -$7.34M |
|
229
Ingersoll Rand
IR
$33.1B
| $60.2M | 0.06% |
2,125,654
+112,984
| +6% | +$3.17M |
|
230
Trade Desk
TTD
$8.97B
| $59.8M | 0.06% |
3,961,670
-39,770
| -1% | -$472K |
|
231
Eagle Bancorp
EGBN
$850M
| $59.3M | 0.05% |
1,171,429
-9,779
| -0.8% | -$543K |
|
232
Vulcan Materials
VMC
$36.8B
| $58.9M | 0.05% |
529,678
-84,021
| -14% | -$9.74M |
|
|
AGR
233
DELISTED
Avangrid, Inc.
AGR
| $58.6M | 0.05% |
1,223,203
+405,680
| +50% | +$20.5M |
|
234
Entergy
ETR
$50.3B
| $58.6M | 0.05% |
1,443,906
| – | – |
|
235
Clearway Energy Class C
CWEN
$4.79B
| $58.4M | 0.05% |
3,031,938
+211,292
| +7% | +$4.03M |
|
236
ProQR Therapeutics
PRQR
$244M
| $58M | 0.05% |
2,998,094
+16,889
| +0.6% | +$180K |
|
237
JB Hunt Transport Services
JBHT
$25.9B
| $57.9M | 0.05% |
486,518
-62,928
| -11% | -$7.66M |
|
238
Church & Dwight Co
CHD
$23.7B
| $57.1M | 0.05% |
961,880
-354,969
| -27% | -$20.1M |
|
239
CoStar Group
CSGP
$12.2B
| $56.3M | 0.05% |
1,338,340
-22,820
| -2% | -$975K |
|
240
Dollar General
DG
$28.4B
| $55.5M | 0.05% |
+507,607
| New | +$52.8M |
|
|
STI
241
DELISTED
SunTrust Banks, Inc.
STI
| $55.4M | 0.05% |
828,986
-46,565
| -5% | -$3.32M |
|
|
PRTY
242
DELISTED
Party City Holdco Inc.
PRTY
| $54.9M | 0.05% |
4,051,605
+566,684
| +16% | +$8.68M |
|
243
Energy Transfer Partners
ET
$69.5B
| $54.1M | 0.05% |
3,101,305
+1,723,746
| +125% | +$30.6M |
|
244
Korn Ferry
KFY
$4.31B
| $54M | 0.05% |
1,096,298
-512,453
| -32% | -$31.6M |
|
245
Azenta
AZTA
$1.3B
| $54M | 0.05% |
1,540,205
+107,670
| +8% | +$3.54M |
|
246
NN Inc
NNBR
$237M
| $53.9M | 0.05% |
3,457,297
+1,256,116
| +57% | +$23.5M |
|
|
AAMI
247
Acadian Asset Management
AAMI
$2.88B
| $53.5M | 0.05% |
4,311,344
+153,206
| +4% | +$2.01M |
|
248
Alliant Energy
LNT
$18.6B
| $52.2M | 0.05% |
1,226,261
-245,982
| -17% | -$10.6M |
|
249
Cheniere Energy
CQP
$30.5B
| $52M | 0.05% |
1,317,683
+54,989
| +4% | +$2.08M |
|
250
Elevance Health
ELV
$81.5B
| $51.8M | 0.05% |
+189,139
| New | +$49.1M |
|
Similar funds
Jennison Associates's Q3 2018 Portfolio in Review
As of Q3 2018, Jennison Associates held 739 positions worth $109B, up 5.9% from $103B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Jennison Associates's Q3 2018 filing shows 86 new, 214 increased, 352 reduced and 81 closed positions. Its largest new stake was Tiffany & Co.: 1,169,094 shares worth $151M. The largest sale was FedEx, an estimated $591M.
By sector, the portfolio is most concentrated in Technology at 22% of assets, up from 21% a quarter earlier, followed by Consumer Discretionary and Healthcare.
- Jennison Associates's largest Q3 2018 buy was Tiffany & Co.: 1,169,094 shares worth $151M.
- Jennison Associates added most to AstraZeneca in Q3 2018, an estimated $774M increase.
- Jennison Associates's biggest Q3 2018 reduction was FedEx, cutting an estimated $591M.
- Jennison Associates fully exited Cheniere Energy Partners LP Holdings LLC in Q3 2018, selling an estimated $134M.
- Jennison Associates's ten largest holdings make up 30% of its $109B portfolio in Q3 2018.
- Jennison Associates opened 86 new positions and closed 81 in Q3 2018.
- Jennison Associates's portfolio value rose 5.9% quarter-over-quarter to $109B.
Based on Jennison Associates's 13F filing for Q3 2018, filed 8 Nov 2018.