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 |
Microsoft
MSFT
|
+$424M |
| 2 |
Bath & Body Works
BBWI
|
+$342M |
| 3 |
Home Depot
HD
|
+$259M |
| 4 |
GE Aerospace
GE
|
+$247M |
| 5 |
Palo Alto Networks
PANW
|
+$214M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
LNKD
LinkedIn Corporation
LNKD
|
+$917M |
| 2 |
ARMH
ARM HOLDINGS PLC ADS
ARMH
|
+$396M |
| 3 |
Citigroup
C
|
+$377M |
| 4 |
Sherwin-Williams
SHW
|
+$292M |
| 5 |
Starbucks
SBUX
|
+$260M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 20.46% |
| 2 | Healthcare | 16.66% |
| 3 | Communication Services | 14.21% |
| 4 | Technology | 13.93% |
| 5 | Financials | 9.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ORBC
276
DELISTED
ORBCOMM, Inc.
ORBC
| $50.3M | 0.05% |
4,967,894
+81,908
| +2% | +$668K |
|
|
CAM
277
DELISTED
CAMERON INTERNATIONAL CORPORATION
CAM
| $50.1M | 0.05% |
747,174
-664,579
| -47% | -$42.7M |
|
278
NVIDIA
NVDA
$4.61T
| $50.1M | 0.05% |
+56,226,120
| New | +$42.9M |
|
|
NVRO
279
DELISTED
NEVRO CORP.
NVRO
| $49.9M | 0.05% |
886,667
+538,968
| +155% | +$31.8M |
|
|
CAA
280
DELISTED
CalAtlantic Group, Inc.
CAA
| $49.8M | 0.05% |
1,490,879
-70,951
| -5% | -$2.22M |
|
281
Wayfair
W
$11.8B
| $49.3M | 0.05% |
1,140,229
+533,111
| +88% | +$22.1M |
|
|
TGE
282
DELISTED
Tallgrass Energy, LP Class A Shares
TGE
| $49.1M | 0.05% |
2,657,187
+100,915
| +4% | +$1.53M |
|
|
ITC
283
DELISTED
ITC HOLDINGS CORP
ITC
| $49M | 0.05% |
+1,125,657
| New | +$45.7M |
|
284
lululemon athletica
LULU
$13.5B
| $49M | 0.05% |
723,773
-319,413
| -31% | -$19.2M |
|
285
Enbridge
ENB
$120B
| $48.7M | 0.05% |
1,251,424
+1,153,746
| +1,181% | +$39.4M |
|
286
Coca-Cola
KO
$384B
| $48.6M | 0.05% |
1,047,397
+32,074
| +3% | +$1.4M |
|
|
B
287
Barrick Mining
B
$60.9B
| $48.5M | 0.05% |
3,569,602
-1,880,763
| -35% | -$21.9M |
|
|
EQGP
288
DELISTED
EQGP Holdings, LP
EQGP
| $48.4M | 0.05% |
1,795,273
-26,553
| -1% | -$586K |
|
|
TIVO
289
DELISTED
Tivo Inc
TIVO
| $48.3M | 0.05% |
2,357,341
-86,053
| -4% | -$1.71M |
|
|
FOE
290
DELISTED
Ferro Corporation
FOE
| $48.3M | 0.05% |
4,068,198
+605,929
| +18% | +$6.08M |
|
291
MGM Resorts International
MGM
$11.7B
| $48.2M | 0.05% |
2,249,167
-35,027
| -2% | -$692K |
|
292
Moelis & Co
MC
$4.85B
| $48M | 0.05% |
1,698,890
+52,680
| +3% | +$1.35M |
|
293
TC Energy
TRP
$70.1B
| $47.4M | 0.05% |
+1,206,898
| New | +$42.3M |
|
|
HOT
294
DELISTED
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
| $47.1M | 0.05% |
564,196
-1,627,760
| -74% | -$111M |
|
295
Owens Corning
OC
$11B
| $46.9M | 0.05% |
991,597
+1,395
| +0.1% | +$62K |
|
|
TMH
296
DELISTED
Team Health Holdings Inc
TMH
| $46.3M | 0.05% |
1,106,895
-212,582
| -16% | -$8.69M |
|
297
Agnico Eagle Mines
AEM
$72.2B
| $46.2M | 0.05% |
1,278,943
-290,552
| -19% | -$9.54M |
|
298
Q2 Holdings
QTWO
$3.78B
| $45.8M | 0.05% |
1,904,503
+876,486
| +85% | +$18.8M |
|
299
Cooper Companies
COO
$14.3B
| $45.2M | 0.05% |
1,173,244
-1,367,256
| -54% | -$47.2M |
|
300
Veeva Systems
VEEV
$33.8B
| $45M | 0.05% |
1,795,976
+144,481
| +9% | +$3.54M |
|
Similar funds
Jennison Associates's Q1 2016 Portfolio in Review
As of Q1 2016, Jennison Associates held 710 positions worth $95.3B, down 6.5% from $102B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Jennison Associates's Q1 2016 filing shows 56 new, 303 increased, 241 reduced and 102 closed positions. Its largest new stake was Procter & Gamble: 1,657,581 shares worth $136M. The largest sale was LinkedIn Corporation, an estimated $917M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 20% of assets, up from 19% a quarter earlier, followed by Healthcare and Communication Services.
- Jennison Associates's largest Q1 2016 buy was Procter & Gamble: 1,657,581 shares worth $136M.
- Jennison Associates added most to Microsoft in Q1 2016, an estimated $424M increase.
- Jennison Associates's biggest Q1 2016 reduction was LinkedIn Corporation, cutting an estimated $917M.
- Jennison Associates fully exited Sherwin-Williams in Q1 2016, selling an estimated $292M.
- Jennison Associates's ten largest holdings make up 24% of its $95.3B portfolio in Q1 2016.
- Jennison Associates opened 56 new positions and closed 102 in Q1 2016.
- Jennison Associates's portfolio value fell 6.5% quarter-over-quarter to $95.3B.
Based on Jennison Associates's 13F filing for Q1 2016, filed 3 May 2016.