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 |
Alphabet (Google) Class A
GOOGL
|
+$2.04B |
| 2 |
Microsoft
MSFT
|
+$941M |
| 3 |
Alibaba
BABA
|
+$782M |
| 4 |
McDonald's
MCD
|
+$625M |
| 5 |
Home Depot
HD
|
+$409M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class C
GOOG
|
+$1.96B |
| 2 |
Chipotle Mexican Grill
CMG
|
+$765M |
| 3 |
Dollar General
DG
|
+$609M |
| 4 |
Apple
AAPL
|
+$489M |
| 5 |
AGN
Allergan plc
AGN
|
+$419M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 18.98% |
| 2 | Consumer Discretionary | 18.73% |
| 3 | Communication Services | 15.16% |
| 4 | Technology | 12.68% |
| 5 | Financials | 9.93% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
326
Synchrony
SYF
$24.4B
| $39M | 0.04% |
+1,283,867
| New | +$40.2M |
|
|
PLCM
327
DELISTED
POLYCOM INC
PLCM
| $38.7M | 0.04% |
3,074,657
+122,915
| +4% | +$1.6M |
|
|
FOE
328
DELISTED
Ferro Corporation
FOE
| $38.5M | 0.04% |
3,462,269
+928,019
| +37% | +$11M |
|
329
Trip.com Group
TCOM
$29B
| $38.4M | 0.04% |
828,053
+818,579
| +8,640% | +$37.4M |
|
330
Packaging Corp of America
PKG
$22.2B
| $38.2M | 0.04% |
605,961
-145,579
| -19% | -$9.6M |
|
|
DERM
331
DELISTED
Dermira, Inc.
DERM
| $38M | 0.04% |
1,097,201
+83,858
| +8% | +$2.41M |
|
|
EQGP
332
DELISTED
EQGP Holdings, LP
EQGP
| $37.8M | 0.04% |
1,821,826
-78,763
| -4% | -$1.86M |
|
333
Rio Tinto
RIO
$152B
| $37.8M | 0.04% |
1,297,016
+45,254
| +4% | +$1.53M |
|
|
CWEN.A
334
DELISTED
Clearway Energy Class A
CWEN.A
| $37.5M | 0.04% |
2,695,188
-76,987
| -3% | -$1.05M |
|
|
SIVB
335
DELISTED
SVB Financial Group
SIVB
| $37.1M | 0.04% |
+311,703
| New | +$38.7M |
|
336
Fortinet
FTNT
$112B
| $37M | 0.04% |
5,932,020
-1,901,005
| -24% | -$13.7M |
|
|
VTLE
337
DELISTED
Vital Energy
VTLE
| $36.7M | 0.04% |
229,604
-21,034
| -8% | -$4.61M |
|
338
Louisiana-Pacific
LPX
$5.14B
| $36.4M | 0.04% |
2,023,609
+259,613
| +15% | +$4.5M |
|
339
Deckers Outdoor
DECK
$14.1B
| $36.3M | 0.04% |
4,611,072
-185,400
| -4% | -$1.64M |
|
340
W.R. Berkley
WRB
$28.1B
| $36.2M | 0.04% |
2,230,362
-316,970
| -12% | -$5.18M |
|
341
Cadence Design Systems
CDNS
$91.8B
| $36.1M | 0.04% |
1,734,331
-399,351
| -19% | -$8.67M |
|
342
Range Resources
RRC
$9.33B
| $35.8M | 0.04% |
1,453,028
-217,818
| -13% | -$6.47M |
|
|
JNPR
343
DELISTED
Juniper Networks
JNPR
| $35.7M | 0.04% |
1,292,239
-609,232
| -32% | -$18M |
|
|
RDUS
344
DELISTED
Radius Health, Inc.
RDUS
| $35.5M | 0.03% |
576,840
-875
| -0.2% | -$55.3K |
|
|
ORBC
345
DELISTED
ORBCOMM, Inc.
ORBC
| $35.4M | 0.03% |
4,885,986
+279,805
| +6% | +$1.79M |
|
|
WNR
346
DELISTED
Western Refining Inc
WNR
| $34.9M | 0.03% |
979,211
+43,775
| +5% | +$1.87M |
|
|
AXE
347
DELISTED
Anixter International Inc
AXE
| $34.4M | 0.03% |
570,112
+49,626
| +10% | +$3.17M |
|
|
MDCO
348
DELISTED
Medicines Co
MDCO
| $34.4M | 0.03% |
920,383
+21,068
| +2% | +$796K |
|
349
CALL
Merck
MRK
$322B
| $34.3M | 0.03% |
681,200
| – | – |
|
350
Darling Ingredients
DAR
$9.32B
| $34.1M | 0.03% |
3,245,551
+43,812
| +1% | +$456K |
|
Similar funds
Jennison Associates's Q4 2015 Portfolio in Review
As of Q4 2015, Jennison Associates held 786 positions worth $102B, up 4.4% from $97.6B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Jennison Associates's Q4 2015 filing shows 65 new, 298 increased, 279 reduced and 131 closed positions. Its largest new stake was Alphabet (Google) Class A: 55,026,880 shares worth $2.14B. The largest sale was Alphabet (Google) Class C, an estimated $1.96B.
By sector, the portfolio is most concentrated in Healthcare at 19% of assets, down from 19% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q4 2015 buy was Alphabet (Google) Class A: 55,026,880 shares worth $2.14B.
- Jennison Associates added most to Microsoft in Q4 2015, an estimated $941M increase.
- Jennison Associates's biggest Q4 2015 reduction was Alphabet (Google) Class C, cutting an estimated $1.96B.
- Jennison Associates fully exited Chipotle Mexican Grill in Q4 2015, selling an estimated $765M.
- Jennison Associates's ten largest holdings make up 23% of its $102B portfolio in Q4 2015.
- Jennison Associates opened 65 new positions and closed 131 in Q4 2015.
- Jennison Associates's portfolio value rose 4.4% quarter-over-quarter to $102B.
Based on Jennison Associates's 13F filing for Q4 2015, filed 10 Feb 2016.