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 | |
|---|---|---|---|---|---|---|
|
AERI
301
DELISTED
Aerie Pharmaceuticals
AERI
| $44.9M | 0.05% |
3,690,190
+38,180
| +1% | +$604K |
|
302
Lowe's Companies
LOW
$121B
| $44.6M | 0.05% |
588,849
-36
| -0% | -$2.54K |
|
303
Louisiana-Pacific
LPX
$5.14B
| $43.7M | 0.05% |
2,550,046
+526,437
| +26% | +$8.32M |
|
|
FOLD
304
DELISTED
Amicus Therapeutics
FOLD
| $43.4M | 0.05% |
5,141,046
+1,017,091
| +25% | +$7.2M |
|
305
Darling Ingredients
DAR
$9.32B
| $43.4M | 0.05% |
3,295,806
+50,255
| +2% | +$506K |
|
306
Coca-Cola Europacific Partners
CCEP
$49.1B
| $43.4M | 0.05% |
854,606
-105,069
| -11% | -$5.06M |
|
307
Devon Energy
DVN
$51.3B
| $43.2M | 0.05% |
1,575,568
-344,733
| -18% | -$8.39M |
|
308
AT&T
T
$164B
| $43M | 0.05% |
+1,453,461
| New | +$40.3M |
|
309
Atlassian
TEAM
$26.5B
| $43M | 0.05% |
1,709,132
+917,658
| +116% | +$21.5M |
|
|
EE
310
DELISTED
El Paso Electric Company
EE
| $42.5M | 0.04% |
926,217
+155,438
| +20% | +$6.39M |
|
311
Thermo Fisher Scientific
TMO
$214B
| $42.3M | 0.04% |
298,819
+12,154
| +4% | +$1.63M |
|
312
CDW
CDW
$18.9B
| $42.1M | 0.04% |
1,014,678
+38,546
| +4% | +$1.5M |
|
|
TSRO
313
DELISTED
TESARO, Inc.
TSRO
| $41.8M | 0.04% |
949,490
+11,029
| +1% | +$443K |
|
|
CMBT
314
CMB.TECH NV
CMBT
$4.52B
| $41.6M | 0.04% |
4,064,303
-234,270
| -5% | -$2.53M |
|
315
IMAX
IMAX
$2.67B
| $41.5M | 0.04% |
1,336,226
+886,163
| +197% | +$27.1M |
|
316
NN Inc
NNBR
$237M
| $41.5M | 0.04% |
3,034,411
+93,684
| +3% | +$1.16M |
|
|
INVX
317
Innovex International
INVX
$1.8B
| $40.7M | 0.04% |
672,554
-334,501
| -33% | -$18.6M |
|
318
Marathon Petroleum
MPC
$90.1B
| $40.3M | 0.04% |
1,082,885
-615,222
| -36% | -$23.4M |
|
319
Wendy's
WEN
$1.46B
| $40.2M | 0.04% |
3,686,954
-614,142
| -14% | -$6.09M |
|
320
Cadence Design Systems
CDNS
$91.8B
| $39.8M | 0.04% |
1,688,226
-46,105
| -3% | -$966K |
|
321
Eli Lilly
LLY
$1.08T
| $39.6M | 0.04% |
549,517
-610
| -0.1% | -$46.2K |
|
322
Mueller Water Products
MWA
$3.94B
| $39.6M | 0.04% |
+4,004,711
| New | +$34.2M |
|
323
Performance Food Group
PFGC
$18.3B
| $39.5M | 0.04% |
1,692,003
+293,980
| +21% | +$6.71M |
|
324
Mercado Libre
MELI
$94.5B
| $38.9M | 0.04% |
330,429
+130,932
| +66% | +$13.6M |
|
325
TechnipFMC
FTI
$28.6B
| $38.7M | 0.04% |
1,902,339
-422,546
| -18% | -$7.97M |
|
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.