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 |
Broadcom
AVGO
|
+$781M |
| 2 |
Nike
NKE
|
+$773M |
| 3 |
ATVI
Activision Blizzard
ATVI
|
+$536M |
| 4 |
Texas Instruments
TXN
|
+$493M |
| 5 |
AGN
Allergan plc
AGN
|
+$379M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Starbucks
SBUX
|
+$1.07B |
| 2 |
Qualcomm
QCOM
|
+$673M |
| 3 |
TJX Companies
TJX
|
+$603M |
| 4 |
NVIDIA
NVDA
|
+$431M |
| 5 |
Regeneron Pharmaceuticals
REGN
|
+$429M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.85% |
| 2 | Consumer Discretionary | 17.51% |
| 3 | Healthcare | 13.97% |
| 4 | Communication Services | 13.08% |
| 5 | Financials | 10.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AXE
276
DELISTED
Anixter International Inc
AXE
| $48M | 0.05% |
604,811
-101,110
| -14% | -$8.25M |
|
277
Q2 Holdings
QTWO
$4.06B
| $47.7M | 0.05% |
1,368,087
-251,631
| -16% | -$8.39M |
|
|
BCR
278
DELISTED
CR Bard Inc.
BCR
| $47.4M | 0.05% |
190,899
-3,660
| -2% | -$882K |
|
|
AET
279
DELISTED
Aetna Inc
AET
| $47M | 0.05% |
368,529
-377,672
| -51% | -$47.4M |
|
280
Carlisle Companies
CSL
$14.2B
| $46.8M | 0.05% |
440,107
-164,969
| -27% | -$17.7M |
|
|
VSM
281
DELISTED
Versum Materials, Inc.
VSM
| $46.6M | 0.05% |
1,522,541
+1,439,070
| +1,724% | +$42M |
|
|
QTS
282
DELISTED
QTS REALTY TRUST, INC.
QTS
| $46.3M | 0.05% |
949,819
-582,986
| -38% | -$29.2M |
|
|
FCE.A
283
DELISTED
Forest City Realty Trust, Inc.
FCE.A
| $46.1M | 0.05% |
2,116,695
-362,634
| -15% | -$8.02M |
|
|
GRA
284
DELISTED
W.R. Grace & Co.
GRA
| $45.7M | 0.05% |
655,531
-170,889
| -21% | -$12M |
|
|
THS
285
DELISTED
Treehouse Foods
THS
| $45.7M | 0.05% |
539,654
-11,455
| -2% | -$918K |
|
|
GOLD
286
DELISTED
Randgold Resources Ltd
GOLD
| $45.6M | 0.05% |
522,745
-32,322
| -6% | -$2.82M |
|
|
CLDT
287
Chatham Lodging
CLDT
$637M
| $45M | 0.05% |
2,280,768
-252,785
| -10% | -$5.08M |
|
|
OTIC
288
DELISTED
Otonomy, Inc.
OTIC
| $45M | 0.05% |
3,669,431
-139,620
| -4% | -$2.03M |
|
289
TechnipFMC
FTI
$29.7B
| $44.9M | 0.05% |
1,857,329
-96,999
| -5% | -$2.39M |
|
290
W.R. Berkley
WRB
$25.4B
| $44.2M | 0.05% |
2,114,336
-102,388
| -5% | -$2.11M |
|
|
VTLE
291
DELISTED
Vital Energy
VTLE
| $44.1M | 0.05% |
151,188
+60,871
| +67% | +$16.9M |
|
292
Vodafone
VOD
$37.1B
| $44M | 0.05% |
1,665,968
-1,657,728
| -50% | -$42.4M |
|
293
Copart
CPRT
$30.5B
| $43.6M | 0.05% |
5,630,832
-8,982,960
| -61% | -$66.1M |
|
|
294
TJX Companies
TJX
$149B
| $43M | 0.05% |
1,086,368
-15,640,478
| -94% | -$603M |
|
|
AIRM
295
DELISTED
Air Methods Corp
AIRM
| $42.6M | 0.05% |
990,999
-736,391
| -43% | -$28.5M |
|
296
Clorox
CLX
$12.4B
| $42M | 0.05% |
311,636
+101,227
| +48% | +$13.1M |
|
297
Devon Energy
DVN
$52.1B
| $41.8M | 0.04% |
1,003,009
+143,773
| +17% | +$6.32M |
|
298
Rio Tinto
RIO
$168B
| $41.8M | 0.04% |
1,027,779
-40,479
| -4% | -$1.72M |
|
299
Darling Ingredients
DAR
$10.1B
| $41.5M | 0.04% |
2,856,672
-90,515
| -3% | -$1.19M |
|
300
Criteo S.A.
CRTO
$855M
| $41.3M | 0.04% |
826,965
-53,268
| -6% | -$2.49M |
|
Similar funds
Jennison Associates's Q1 2017 Portfolio in Review
As of Q1 2017, Jennison Associates held 861 positions worth $93.2B, up 4.1% from $89.6B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Jennison Associates withdrew a net $4.56B in Q1 2017, closing 224 positions and reducing 376 holdings. Its most notable exit was Mobileye N.V., an estimated $165M position sold in full.
By sector, the portfolio is most concentrated in Technology at 21% of assets, up from 19% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, Jennison Associates opened a new position in Snap worth $119M.
- Jennison Associates's largest Q1 2017 buy was Snap: 5,289,727 shares worth $119M.
- Jennison Associates added most to Broadcom in Q1 2017, an estimated $781M increase.
- Jennison Associates's biggest Q1 2017 reduction was Starbucks, cutting an estimated $1.07B.
- Jennison Associates fully exited Mobileye N.V. in Q1 2017, selling an estimated $165M.
- Jennison Associates's ten largest holdings make up 26% of its $93.2B portfolio in Q1 2017.
- Jennison Associates opened 55 new positions and closed 224 in Q1 2017.
- Jennison Associates's portfolio value rose 4.1% quarter-over-quarter to $93.2B.
Based on Jennison Associates's 13F filing for Q1 2017, filed 28 Apr 2017.