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 | |
|---|---|---|---|---|---|---|
|
GOLD
251
DELISTED
Randgold Resources Ltd
GOLD
| $62.6M | 0.06% |
1,018,185
-157,517
| -13% | -$9.95M |
|
|
ADT
252
DELISTED
ADT Corp
ADT
| $62.6M | 0.06% |
1,898,315
-110,852
| -6% | -$3.73M |
|
|
XENT
253
DELISTED
Intersect ENT, Inc
XENT
| $62.3M | 0.06% |
2,770,905
+279,176
| +11% | +$5.52M |
|
254
Zurn Elkay Water Solutions
ZWS
$8.55B
| $62M | 0.06% |
7,101,317
+2,840,246
| +67% | +$25.7M |
|
|
VR
255
DELISTED
Validus Hold Ltd
VR
| $61.8M | 0.06% |
1,335,795
+320,684
| +32% | +$14.6M |
|
256
Devon Energy
DVN
$51.3B
| $61.5M | 0.06% |
1,920,301
-298,915
| -13% | -$12.3M |
|
257
Avient
AVNT
$3.29B
| $60.1M | 0.06% |
1,891,799
+40,337
| +2% | +$1.35M |
|
258
RTX Corp
RTX
$290B
| $59.8M | 0.06% |
989,817
+932,783
| +1,635% | +$56.4M |
|
259
The GEO Group
GEO
$4B
| $59.7M | 0.06% |
3,096,011
-3,045
| -0.1% | -$60.9K |
|
|
INVX
260
Innovex International
INVX
$1.8B
| $59.6M | 0.06% |
1,007,055
-623,255
| -38% | -$38.6M |
|
261
Flowserve
FLS
$8.94B
| $59.4M | 0.06% |
1,410,462
-515,016
| -27% | -$22.7M |
|
|
CAA
262
DELISTED
CalAtlantic Group, Inc.
CAA
| $59.2M | 0.06% |
+1,561,830
| New | +$62.4M |
|
|
CMBT
263
CMB.TECH NV
CMBT
$4.52B
| $58.9M | 0.06% |
4,298,573
-328,573
| -7% | -$4.65M |
|
264
Live Nation Entertainment
LYV
$42.9B
| $58.2M | 0.06% |
2,368,709
+51,970
| +2% | +$1.33M |
|
|
TMH
265
DELISTED
Team Health Holdings Inc
TMH
| $57.9M | 0.06% |
1,319,477
+188,589
| +17% | +$9.99M |
|
266
Bank OZK
OZK
$5.63B
| $57.9M | 0.06% |
1,170,728
-397,837
| -25% | -$20M |
|
267
Curtiss-Wright
CW
$25.1B
| $57.4M | 0.06% |
838,270
+7,871
| +0.9% | +$536K |
|
|
FLXN
268
DELISTED
Flexion Therapeutics, Inc.
FLXN
| $56M | 0.06% |
2,907,755
+76,487
| +3% | +$1.33M |
|
|
CSOD
269
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $55.7M | 0.05% |
1,612,929
+35,814
| +2% | +$1.24M |
|
|
CLDT
270
Chatham Lodging
CLDT
$632M
| $55.7M | 0.05% |
2,717,815
-38,803
| -1% | -$869K |
|
|
BLUE
271
DELISTED
bluebird bio
BLUE
| $55.5M | 0.05% |
66,725
+38,810
| +139% | +$38.8M |
|
272
DuPont de Nemours
DD
$18.6B
| $55.5M | 0.05% |
425,352
-117,604
| -22% | -$15.1M |
|
273
lululemon athletica
LULU
$13.5B
| $54.7M | 0.05% |
+1,043,186
| New | +$52.6M |
|
274
Air Products & Chemicals
APD
$65.5B
| $54.4M | 0.05% |
451,801
-84,479
| -16% | -$10.6M |
|
|
KSU
275
DELISTED
Kansas City Southern
KSU
| $54M | 0.05% |
723,028
-76,987
| -10% | -$6.58M |
|
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.