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 |
PayPal
PYPL
|
+$638M |
| 2 |
Home Depot
HD
|
+$562M |
| 3 |
Costco
COST
|
+$529M |
| 4 |
AbbVie
ABBV
|
+$493M |
| 5 |
Caterpillar
CAT
|
+$461M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$777M |
| 2 |
CELG
Celgene Corp
CELG
|
+$581M |
| 3 |
Booking.com
BKNG
|
+$579M |
| 4 |
Crown Castle
CCI
|
+$495M |
| 5 |
Regeneron Pharmaceuticals
REGN
|
+$455M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.86% |
| 2 | Consumer Discretionary | 15.64% |
| 3 | Financials | 12.8% |
| 4 | Healthcare | 12.56% |
| 5 | Communication Services | 11.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
276
Clearway Energy Class C
CWEN
$5B
| $44.4M | 0.04% |
2,348,884
+180,014
| +8% | +$3.42M |
|
|
CYBR
277
DELISTED
CyberArk
CYBR
| $44.2M | 0.04% |
1,068,421
-8,605
| -0.8% | -$377K |
|
278
Cooper Companies
COO
$13.7B
| $44.2M | 0.04% |
810,808
-17,044
| -2% | -$997K |
|
279
McCormick & Company Non-Voting
MKC
$13.6B
| $43.8M | 0.04% |
+859,910
| New | +$42.8M |
|
|
ADSW
280
DELISTED
Advanced Disposal Services Inc
ADSW
| $43.2M | 0.04% |
1,806,066
-723,929
| -29% | -$17.1M |
|
281
Boston Scientific
BSX
$67.6B
| $43.1M | 0.04% |
1,736,718
-6,443,302
| -79% | -$178M |
|
|
FLIR
282
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| $42.8M | 0.04% |
918,702
+8,911
| +1% | +$407K |
|
|
PGTI
283
DELISTED
PGT, Inc.
PGTI
| $42.2M | 0.04% |
2,505,068
-293,284
| -10% | -$4.5M |
|
|
MULE
284
DELISTED
MuleSoft, Inc.
MULE
| $41.4M | 0.04% |
1,781,509
+774,324
| +77% | +$17.6M |
|
|
VIAB
285
DELISTED
Viacom Inc. Class B
VIAB
| $41.4M | 0.04% |
1,343,528
-888,055
| -40% | -$24.1M |
|
|
VRNT
286
DELISTED
Verint Systems
VRNT
| $41.4M | 0.04% |
1,940,844
+18,541
| +1% | +$399K |
|
|
AGR
287
DELISTED
Avangrid, Inc.
AGR
| $41.4M | 0.04% |
+817,523
| New | +$41.3M |
|
288
Devon Energy
DVN
$49.8B
| $41.2M | 0.04% |
995,180
+102,087
| +11% | +$3.86M |
|
|
CLVS
289
DELISTED
Clovis Oncology, Inc.
CLVS
| $41M | 0.04% |
603,672
+3,503
| +0.6% | +$245K |
|
290
Viatris
VTRS
$20.5B
| $40.8M | 0.04% |
+963,581
| New | +$36.8M |
|
|
GWR
291
DELISTED
Genesee & Wyoming Inc.
GWR
| $40.3M | 0.04% |
511,951
+158,890
| +45% | +$11.9M |
|
292
Biogen
BIIB
$29.5B
| $39.9M | 0.04% |
125,241
+27,827
| +29% | +$8.93M |
|
293
Forum Energy Technologies
FET
$640M
| $39.9M | 0.04% |
128,186
-1,216
| -0.9% | -$346K |
|
294
CSX Corp
CSX
$96B
| $39.8M | 0.04% |
2,168,892
-5,531,610
| -72% | -$98M |
|
295
BHP
BHP
$213B
| $38.6M | 0.04% |
942,022
-80,148
| -8% | -$3.02M |
|
296
Honeywell
HON
$77.9B
| $38.3M | 0.04% |
276,137
-11,901
| -4% | -$1.6M |
|
|
DLPH
297
DELISTED
Delphi Technologies PLC Ordinary Shares
DLPH
| $38.2M | 0.04% |
+728,909
| New | +$37.9M |
|
|
CLDT
298
Chatham Lodging
CLDT
$643M
| $38.2M | 0.04% |
1,677,516
-93,061
| -5% | -$2.08M |
|
299
Southern Copper
SCCO
$141B
| $38.1M | 0.04% |
867,001
-85,533
| -9% | -$3.44M |
|
300
MGM Resorts International
MGM
$11.8B
| $38M | 0.04% |
1,138,147
-228,193
| -17% | -$7.35M |
|
Similar funds
Jennison Associates's Q4 2017 Portfolio in Review
As of Q4 2017, Jennison Associates held 724 positions worth $101B, up 3.7% from $97.6B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Jennison Associates's Q4 2017 filing shows 76 new, 253 increased, 308 reduced and 75 closed positions. Its largest new stake was Block Inc: 2,492,825 shares worth $86.4M. The largest sale was NVIDIA, an estimated $777M.
By sector, the portfolio is most concentrated in Technology at 21% of assets, down from 21% a quarter earlier, followed by Consumer Discretionary and Financials.
- Jennison Associates's largest Q4 2017 buy was Block Inc: 2,492,825 shares worth $86.4M.
- Jennison Associates added most to PayPal in Q4 2017, an estimated $638M increase.
- Jennison Associates's biggest Q4 2017 reduction was NVIDIA, cutting an estimated $777M.
- Jennison Associates fully exited Electronic Arts in Q4 2017, selling an estimated $113M.
- Jennison Associates's ten largest holdings make up 27% of its $101B portfolio in Q4 2017.
- Jennison Associates opened 76 new positions and closed 75 in Q4 2017.
- Jennison Associates's portfolio value rose 3.7% quarter-over-quarter to $101B.
Based on Jennison Associates's 13F filing for Q4 2017, filed 25 Jan 2018.