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 | |
|---|---|---|---|---|---|---|
|
AMSG
251
DELISTED
Amsurg Corp
AMSG
| $77.2M | 0.07% |
1,255,457
+77,888
| +7% | +$4.5M |
|
|
SPN
252
DELISTED
Superior Energy Services, Inc.
SPN
| $77.1M | 0.07% |
345,226
+2,966
| +0.9% | +$616K |
|
|
KSU
253
DELISTED
Kansas City Southern
KSU
| $76.6M | 0.07% |
750,470
+81,459
| +12% | +$9.23M |
|
254
Xcel Energy
XEL
$48.8B
| $76.3M | 0.07% |
+2,192,011
| New | +$78.4M |
|
255
Novartis
NVS
$301B
| $76.2M | 0.07% |
+862,937
| New | +$76.5M |
|
256
Eli Lilly
LLY
$1.03T
| $75.9M | 0.07% |
1,044,336
-7,154
| -0.7% | -$509K |
|
257
Charter Communications
CHTR
$16.9B
| $75.7M | 0.07% |
392,137
-2,805
| -0.7% | -$486K |
|
258
Bankunited
BKU
$3.33B
| $75.5M | 0.07% |
2,307,300
-788,523
| -25% | -$24.2M |
|
|
ADT
259
DELISTED
ADT Corp
ADT
| $75.5M | 0.07% |
1,818,953
-55,360
| -3% | -$2.08M |
|
|
ROSE
260
DELISTED
ROSETTA RESOURCES INC
ROSE
| $75.3M | 0.07% |
4,422,720
-414,921
| -9% | -$7.94M |
|
261
Thermo Fisher Scientific
TMO
$214B
| $75M | 0.07% |
558,634
+1,974
| +0.4% | +$254K |
|
262
G-III Apparel Group
GIII
$1.55B
| $74.3M | 0.07% |
1,318,538
-21,872
| -2% | -$1.13M |
|
263
Ameren
AEE
$30.1B
| $74.1M | 0.07% |
1,756,455
-736,413
| -30% | -$32M |
|
264
CNX Resources
CNX
$4.9B
| $73.4M | 0.07% |
3,159,560
+41,641
| +1% | +$1.06M |
|
|
CLNY
265
DELISTED
Colony Capital, Inc.
CLNY
| $73.2M | 0.07% |
2,824,953
-34,661
| -1% | -$869K |
|
|
DMND
266
DELISTED
DIAMOND FOODS, INC.
DMND
| $73.2M | 0.07% |
2,248,038
+106,970
| +5% | +$3.01M |
|
|
RCPT
267
DELISTED
RECEPTOS INC COM STK (DE)
RCPT
| $72.6M | 0.07% |
440,435
-774,360
| -64% | -$98M |
|
|
AET
268
DELISTED
Aetna Inc
AET
| $72M | 0.07% |
675,434
+633,191
| +1,499% | +$62M |
|
269
Travelers Companies
TRV
$78.4B
| $71.6M | 0.07% |
661,964
+48
| +0% | +$5.13K |
|
270
Rio Tinto
RIO
$158B
| $71.4M | 0.07% |
1,724,672
+24,179
| +1% | +$1.09M |
|
|
BLUE
271
DELISTED
bluebird bio
BLUE
| $71.2M | 0.07% |
45,496
-207
| -0.5% | -$273K |
|
|
RICE
272
DELISTED
Rice Energy Inc.
RICE
| $70.6M | 0.06% |
3,243,985
+6,495
| +0.2% | +$123K |
|
|
DBD
273
DELISTED
Diebold Nixdorf Incorporated
DBD
| $69.9M | 0.06% |
1,972,112
-1,380,618
| -41% | -$46.5M |
|
274
RH
RH
$3.15B
| $69.8M | 0.06% |
703,262
+172,270
| +32% | +$15.6M |
|
275
Delta Air Lines
DAL
$58.3B
| $69.1M | 0.06% |
1,536,498
-102,852
| -6% | -$4.77M |
|
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.