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 |
S&P Global
SPGI
|
+$677M |
| 2 |
AGN
Allergan plc
AGN
|
+$437M |
| 3 |
Qualcomm
QCOM
|
+$387M |
| 4 |
lululemon athletica
LULU
|
+$366M |
| 5 |
NVIDIA
NVDA
|
+$330M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Under Armour
UAA
|
+$1.03B |
| 2 |
Abbott
ABT
|
+$767M |
| 3 |
MHFI
MCGRAW-HILL FINANCIAL INC COM
MHFI
|
+$627M |
| 4 |
Meta Platforms (Facebook)
META
|
+$520M |
| 5 |
Nike
NKE
|
+$454M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 19.09% |
| 2 | Healthcare | 16.64% |
| 3 | Technology | 14.97% |
| 4 | Communication Services | 12.63% |
| 5 | Financials | 8.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
CVS Health
CVS
$137B
| $60.8M | 0.07% |
634,713
-85,210
| -12% | -$8.49M |
|
252
Agnico Eagle Mines
AEM
$68.5B
| $60.5M | 0.07% |
1,131,350
-147,593
| -12% | -$6.71M |
|
253
Texas Roadhouse
TXRH
$13B
| $59.4M | 0.07% |
1,303,559
-475,551
| -27% | -$21M |
|
|
CSOD
254
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $59.3M | 0.07% |
1,557,441
-36,176
| -2% | -$1.35M |
|
255
Charter Communications
CHTR
$16.2B
| $58.7M | 0.06% |
256,874
+75,685
| +42% | +$16.3M |
|
256
United Parks & Resorts
PRKS
$2.13B
| $58.4M | 0.06% |
4,073,783
-353,667
| -8% | -$6.4M |
|
|
BRCD
257
DELISTED
Brocade Communications Systems, Inc. NEW
BRCD
| $58.3M | 0.06% |
6,347,797
+660,616
| +12% | +$5.91M |
|
258
PUT
iShares Russell 2000 ETF
IWM
$82.2B
| $57.5M | 0.06% |
+500,000
| New | +$56.4M |
|
|
NVRO
259
DELISTED
NEVRO CORP.
NVRO
| $57.4M | 0.06% |
778,079
-108,588
| -12% | -$7.37M |
|
|
FOE
260
DELISTED
Ferro Corporation
FOE
| $57.2M | 0.06% |
4,272,797
+204,599
| +5% | +$2.71M |
|
261
Humana
HUM
$48B
| $56.3M | 0.06% |
312,882
-110,272
| -26% | -$19.6M |
|
|
CAA
262
DELISTED
CalAtlantic Group, Inc.
CAA
| $56.2M | 0.06% |
1,530,248
+39,369
| +3% | +$1.38M |
|
|
PXD
263
DELISTED
Pioneer Natural Resource Co.
PXD
| $56.1M | 0.06% |
371,094
-18,919
| -5% | -$2.97M |
|
|
WSTC
264
DELISTED
West Corporation
WSTC
| $55.8M | 0.06% |
2,838,885
-3,941
| -0.1% | -$84.6K |
|
|
FCE.A
265
DELISTED
Forest City Realty Trust, Inc.
FCE.A
| $55.4M | 0.06% |
2,484,359
+25,179
| +1% | +$549K |
|
266
Reliance Steel & Aluminium
RS
$20.2B
| $55.4M | 0.06% |
719,775
-742,889
| -51% | -$54.5M |
|
267
TripAdvisor
TRIP
$1.7B
| $55M | 0.06% |
855,118
+85,181
| +11% | +$5.52M |
|
268
Atlassian
TEAM
$23.7B
| $54.2M | 0.06% |
2,093,407
+384,275
| +22% | +$9.1M |
|
269
Alnylam Pharmaceuticals
ALNY
$35.7B
| $54.1M | 0.06% |
975,425
+4,972
| +0.5% | +$313K |
|
270
Allegion
ALLE
$11.8B
| $54.1M | 0.06% |
+779,153
| New | +$51.8M |
|
271
Live Nation Entertainment
LYV
$41.9B
| $53.9M | 0.06% |
2,293,266
-108,038
| -4% | -$2.47M |
|
272
Pembina Pipeline
PBA
$29.8B
| $53.7M | 0.06% |
1,771,029
+568,930
| +47% | +$16.6M |
|
|
AMT.PRB
273
DELISTED
American Tower Corporation
AMT.PRB
| $53.7M | 0.06% |
+478,362
| New | +$50.5M |
|
|
274
Abbott
ABT
$175B
| $53.6M | 0.06% |
1,363,962
-19,278,245
| -93% | -$767M |
|
275
Medtronic
MDT
$106B
| $52.9M | 0.06% |
609,738
-699,248
| -53% | -$56.5M |
|
Similar funds
Jennison Associates's Q2 2016 Portfolio in Review
As of Q2 2016, Jennison Associates held 691 positions worth $91.1B, down 4.3% from $95.3B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Jennison Associates withdrew a net $4.67B in Q2 2016, closing 61 positions and reducing 333 holdings. Its most notable exit was MCGRAW-HILL FINANCIAL INC COM, an estimated $627M position sold in full.
By sector, the portfolio is most concentrated in Consumer Discretionary at 19% of assets, down from 20% a quarter earlier, followed by Healthcare and Technology.
Against the trend, Jennison Associates opened a new position in S&P Global worth $677M.
- Jennison Associates's largest Q2 2016 buy was S&P Global: 6,307,763 shares worth $677M.
- Jennison Associates added most to Allergan plc in Q2 2016, an estimated $437M increase.
- Jennison Associates's biggest Q2 2016 reduction was Under Armour, cutting an estimated $1.03B.
- Jennison Associates fully exited MCGRAW-HILL FINANCIAL INC COM in Q2 2016, selling an estimated $627M.
- Jennison Associates's ten largest holdings make up 23% of its $91.1B portfolio in Q2 2016.
- Jennison Associates opened 83 new positions and closed 61 in Q2 2016.
- Jennison Associates's portfolio value fell 4.3% quarter-over-quarter to $91.1B.
Based on Jennison Associates's 13F filing for Q2 2016, filed 3 Aug 2016.