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 | |
|---|---|---|---|---|---|---|
|
ALR
326
DELISTED
Alere Inc
ALR
| $38.4M | 0.04% |
759,241
-250,642
| -25% | -$12M |
|
327
Range Resources
RRC
$9.33B
| $38.4M | 0.04% |
1,185,186
-267,842
| -18% | -$7.45M |
|
328
Five Below
FIVE
$11.6B
| $37.4M | 0.04% |
904,433
+43,644
| +5% | +$1.59M |
|
|
BLUE
329
DELISTED
bluebird bio
BLUE
| $37.3M | 0.04% |
67,694
+969
| +1% | +$595K |
|
330
Ultragenyx Pharmaceutical
RARE
$2.46B
| $37M | 0.04% |
584,747
-170,641
| -23% | -$11.2M |
|
|
RICE
331
DELISTED
Rice Energy Inc.
RICE
| $36.8M | 0.04% |
2,636,700
-274,953
| -9% | -$2.86M |
|
332
Synchrony
SYF
$24.4B
| $36.7M | 0.04% |
1,280,055
-3,812
| -0.3% | -$106K |
|
333
Charter Communications
CHTR
$17.3B
| $36.7M | 0.04% |
+181,189
| New | +$32.5M |
|
|
CWEN.A
334
DELISTED
Clearway Energy Class A
CWEN.A
| $36.2M | 0.04% |
2,670,005
-25,183
| -0.9% | -$313K |
|
|
LNKD
335
DELISTED
LinkedIn Corporation
LNKD
| $36.2M | 0.04% |
316,380
-6,244,631
| -95% | -$917M |
|
|
NVDQ
336
DELISTED
Novadaq Technologies Inc.
NVDQ
| $36.1M | 0.04% |
3,257,799
+96,869
| +3% | +$1.03M |
|
337
Southern Copper
SCCO
$138B
| $36.1M | 0.04% |
1,405,699
-292,110
| -17% | -$6.91M |
|
|
ITCI
338
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $35.5M | 0.04% |
1,277,610
+19,764
| +2% | +$659K |
|
|
MRO
339
DELISTED
Marathon Oil Corporation
MRO
| $35.2M | 0.04% |
3,161,900
-2,703,375
| -46% | -$25.3M |
|
340
United Natural Foods
UNFI
$3.04B
| $35.2M | 0.04% |
873,592
-227,084
| -21% | -$8.38M |
|
|
TWC
341
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| $34.9M | 0.04% |
170,613
-213,932
| -56% | -$40.5M |
|
342
W.R. Berkley
WRB
$28.1B
| $34.7M | 0.04% |
2,084,329
-146,033
| -7% | -$2.24M |
|
|
XLNX
343
DELISTED
Xilinx Inc
XLNX
| $34.6M | 0.04% |
729,998
-669,149
| -48% | -$31.4M |
|
|
SHLX
344
DELISTED
Shell Midstream Partners, L.P.
SHLX
| $34.5M | 0.04% |
941,135
-73,550
| -7% | -$2.59M |
|
|
DERM
345
DELISTED
Dermira, Inc.
DERM
| $34.2M | 0.04% |
1,653,569
+556,368
| +51% | +$13.7M |
|
|
PLCM
346
DELISTED
POLYCOM INC
PLCM
| $33.6M | 0.04% |
3,010,863
-63,794
| -2% | -$670K |
|
347
Plains All American Pipeline
PAA
$17.6B
| $33.5M | 0.04% |
1,595,386
+1,449,498
| +994% | +$30.5M |
|
|
JNPR
348
DELISTED
Juniper Networks
JNPR
| $32.8M | 0.03% |
1,286,755
-5,484
| -0.4% | -$137K |
|
349
Monolithic Power Systems
MPWR
$61.4B
| $32.8M | 0.03% |
515,612
+21,909
| +4% | +$1.31M |
|
|
VTLE
350
DELISTED
Vital Energy
VTLE
| $32.5M | 0.03% |
204,747
-24,857
| -11% | -$3.38M |
|
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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.