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 |
TWX
Time Warner Inc
TWX
|
+$567M |
| 2 |
Kroger
KR
|
+$566M |
| 3 |
AGN
Allergan plc
AGN
|
+$491M |
| 4 |
NXP Semiconductors
NXPI
|
+$366M |
| 5 |
Sherwin-Williams
SHW
|
+$274M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PCP
PRECISION CASTPARTS CORP
PCP
|
+$880M |
| 2 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$731M |
| 3 |
CELG
Celgene Corp
CELG
|
+$395M |
| 4 |
AGN
Allergan Inc
AGN
|
+$320M |
| 5 |
TIF
Tiffany & Co.
TIF
|
+$309M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 20.03% |
| 2 | Consumer Discretionary | 14.7% |
| 3 | Technology | 12.89% |
| 4 | Communication Services | 12.45% |
| 5 | Financials | 8.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
326
Southern Copper
SCCO
$145B
| $51.9M | 0.05% |
1,917,005
+1,001,062
| +109% | +$26.7M |
|
327
Agnico Eagle Mines
AEM
$75.4B
| $51.4M | 0.05% |
1,839,509
+778,822
| +73% | +$24M |
|
|
TFCFA
328
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $50.1M | 0.05% |
1,481,486
-21,074,485
| -93% | -$731M |
|
|
PETX
329
DELISTED
Aratana Therapeutics, Inc.
PETX
| $50M | 0.05% |
3,120,049
-13,659
| -0.4% | -$243K |
|
330
RTX Corp
RTX
$289B
| $48.6M | 0.04% |
659,371
+100,537
| +18% | +$7.51M |
|
|
YHOO
331
DELISTED
Yahoo Inc
YHOO
| $48.4M | 0.04% |
1,088,699
+329,331
| +43% | +$14.9M |
|
|
B
332
Barrick Mining
B
$63.2B
| $48M | 0.04% |
4,380,087
+1,815,707
| +71% | +$21.5M |
|
|
GNMK
333
DELISTED
GenMark Diagnostics, Inc
GNMK
| $47.8M | 0.04% |
3,679,317
-19,731
| -0.5% | -$258K |
|
334
Burlington
BURL
$23.4B
| $47.4M | 0.04% |
+798,526
| New | +$42.8M |
|
|
EQM
335
DELISTED
EQM Midstream Partners, LP
EQM
| $47.2M | 0.04% |
608,090
-18,994
| -3% | -$1.56M |
|
|
NVDQ
336
DELISTED
Novadaq Technologies Inc.
NVDQ
| $46.6M | 0.04% |
2,870,271
-23,424
| -0.8% | -$348K |
|
|
CIE
337
DELISTED
Cobalt International Energy, Inc
CIE
| $45.7M | 0.04% |
324,032
+3,603
| +1% | +$486K |
|
338
Ultragenyx Pharmaceutical
RARE
$2.56B
| $45.7M | 0.04% |
735,614
+1,912
| +0.3% | +$106K |
|
339
Semtech
SMTC
$10.7B
| $45.4M | 0.04% |
1,705,039
-18,240
| -1% | -$497K |
|
340
Moelis & Co
MC
$5.08B
| $45.4M | 0.04% |
1,507,733
+591,854
| +65% | +$18.7M |
|
341
Cadence Design Systems
CDNS
$91.7B
| $45.3M | 0.04% |
2,457,895
-1,233,369
| -33% | -$22.5M |
|
|
FLXN
342
DELISTED
Flexion Therapeutics, Inc.
FLXN
| $45.1M | 0.04% |
2,003,413
+255,588
| +15% | +$5.92M |
|
|
DM
343
DELISTED
Dominion Energy Midstream Ptr LP
DM
| $44.8M | 0.04% |
1,079,797
-18,337
| -2% | -$693K |
|
344
Brink's
BCO
$4.84B
| $44.6M | 0.04% |
1,615,335
+111,244
| +7% | +$2.86M |
|
|
WNR
345
DELISTED
Western Refining Inc
WNR
| $44.4M | 0.04% |
899,504
-905,072
| -50% | -$37.8M |
|
|
ANAC
346
DELISTED
ANACOR PHARMACEUTICALS INC COM
ANAC
| $44.2M | 0.04% |
763,897
+433,061
| +131% | +$18.4M |
|
|
ABGB
347
DELISTED
Abengoa SA Class B
ABGB
| $43.8M | 0.04% |
+2,417,736
| New | +$38.7M |
|
348
Eldorado Gold
EGO
$8.53B
| $43.7M | 0.04% |
1,906,662
-359,590
| -16% | -$9.86M |
|
|
THS
349
DELISTED
Treehouse Foods
THS
| $43.6M | 0.04% |
512,285
+2,953
| +0.6% | +$255K |
|
350
Antero Resources
AR
$10.9B
| $43.3M | 0.04% |
1,225,460
+37,398
| +3% | +$1.4M |
|
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Jennison Associates's Q1 2015 Portfolio in Review
As of Q1 2015, Jennison Associates held 801 positions worth $109B, up 2.1% from $107B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Jennison Associates's Q1 2015 filing shows 86 new, 297 increased, 319 reduced and 92 closed positions. Its largest new stake was NXP Semiconductors: 4,151,977 shares worth $417M. The largest sale was PRECISION CASTPARTS CORP, an estimated $880M.
By sector, the portfolio is most concentrated in Healthcare at 20% of assets, up from 19% a quarter earlier, followed by Consumer Discretionary and Technology.
- Jennison Associates's largest Q1 2015 buy was NXP Semiconductors: 4,151,977 shares worth $417M.
- Jennison Associates added most to Time Warner Inc in Q1 2015, an estimated $567M increase.
- Jennison Associates's biggest Q1 2015 reduction was Twenty-First Century Fox, Inc. Class A, cutting an estimated $731M.
- Jennison Associates fully exited PRECISION CASTPARTS CORP in Q1 2015, selling an estimated $880M.
- Jennison Associates's ten largest holdings make up 21% of its $109B portfolio in Q1 2015.
- Jennison Associates opened 86 new positions and closed 92 in Q1 2015.
- Jennison Associates's portfolio value rose 2.1% quarter-over-quarter to $109B.
Based on Jennison Associates's 13F filing for Q1 2015, filed 4 May 2015.