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 |
S&P Global
SPGI
|
+$677M |
| 2 |
AGN
Allergan plc
AGN
|
+$437M |
| 3 |
Qualcomm
QCOM
|
+$387M |
| 4 |
lululemon athletica
LULU
|
+$366M |
| 5 |
NVIDIA
NVDA
|
+$330M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Under Armour
UAA
|
+$1.03B |
| 2 |
Abbott
ABT
|
+$767M |
| 3 |
MHFI
MCGRAW-HILL FINANCIAL INC COM
MHFI
|
+$627M |
| 4 |
Meta Platforms (Facebook)
META
|
+$520M |
| 5 |
Nike
NKE
|
+$454M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 19.09% |
| 2 | Healthcare | 16.64% |
| 3 | Technology | 14.97% |
| 4 | Communication Services | 12.63% |
| 5 | Financials | 8.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
326
Trip.com Group
TCOM
$27.8B
| $36.6M | 0.04% |
889,005
-402,070
| -31% | -$17.5M |
|
|
INVX
327
Innovex International
INVX
$1.78B
| $36.6M | 0.04% |
626,260
-46,294
| -7% | -$2.8M |
|
328
Veeva Systems
VEEV
$32.1B
| $36.4M | 0.04% |
1,066,823
-729,153
| -41% | -$21.7M |
|
|
CSRA
329
DELISTED
CSRA Inc.
CSRA
| $36.4M | 0.04% |
1,552,742
-502,873
| -24% | -$12.6M |
|
|
CMBT
330
CMB.TECH NV
CMBT
$4.38B
| $36.3M | 0.04% |
3,959,793
-104,510
| -3% | -$1.07M |
|
|
WPX
331
DELISTED
WPX Energy, Inc.
WPX
| $36.2M | 0.04% |
3,888,017
+775,494
| +25% | +$7M |
|
332
Pilgrim's Pride
PPC
$6.94B
| $36.1M | 0.04% |
+1,418,383
| New | +$35.6M |
|
333
TechnipFMC
FTI
$28.7B
| $36M | 0.04% |
1,814,275
-88,064
| -5% | -$1.82M |
|
|
XENT
334
DELISTED
Intersect ENT, Inc
XENT
| $35.7M | 0.04% |
2,763,855
-30,951
| -1% | -$485K |
|
|
RDUS
335
DELISTED
Radius Health, Inc.
RDUS
| $35.4M | 0.04% |
964,142
+375,772
| +64% | +$13.3M |
|
|
INXN
336
DELISTED
Interxion Holding N.V.
INXN
| $35.4M | 0.04% |
960,402
+389,960
| +68% | +$13.8M |
|
337
Synchrony
SYF
$24.7B
| $35.3M | 0.04% |
1,396,522
+116,467
| +9% | +$3.39M |
|
338
Wendy's
WEN
$1.5B
| $35.1M | 0.04% |
3,644,029
-42,925
| -1% | -$450K |
|
|
MRO
339
DELISTED
Marathon Oil Corporation
MRO
| $34.9M | 0.04% |
2,327,285
-834,615
| -26% | -$11M |
|
|
INN
340
Summit Hotel Properties
INN
$735M
| $34.8M | 0.04% |
2,631,889
+73,113
| +3% | +$873K |
|
|
DGI
341
DELISTED
DigitalGlobe Inc.
DGI
| $34.4M | 0.04% |
1,606,466
+125,806
| +8% | +$2.53M |
|
|
TAHO
342
DELISTED
Tahoe Resources Inc
TAHO
| $34.4M | 0.04% |
2,295,228
+150,896
| +7% | +$1.93M |
|
343
Lockheed Martin
LMT
$117B
| $34.3M | 0.04% |
138,347
+40
| +0% | +$9.43K |
|
|
CYBR
344
DELISTED
CyberArk
CYBR
| $34M | 0.04% |
700,326
+451,202
| +181% | +$19.5M |
|
345
IMAX
IMAX
$2.12B
| $33.7M | 0.04% |
1,143,570
-192,656
| -14% | -$6.05M |
|
346
Core Laboratories
CLB
$516M
| $33.6M | 0.04% |
271,387
+56,076
| +26% | +$6.77M |
|
347
Southern Copper
SCCO
$146B
| $33.5M | 0.04% |
1,338,354
-67,345
| -5% | -$1.71M |
|
|
RICE
348
DELISTED
Rice Energy Inc.
RICE
| $33.2M | 0.04% |
1,505,183
-1,131,517
| -43% | -$21.2M |
|
349
Clearway Energy Class C
CWEN
$5.19B
| $33M | 0.04% |
2,115,746
-2,302,965
| -52% | -$35.1M |
|
|
NXTM
350
DELISTED
NxStage Medical Inc.
NXTM
| $32.9M | 0.04% |
1,515,477
-189,133
| -11% | -$3.37M |
|
Similar funds
Jennison Associates's Q2 2016 Portfolio in Review
As of Q2 2016, Jennison Associates held 691 positions worth $91.1B, down 4.3% from $95.3B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Jennison Associates withdrew a net $4.67B in Q2 2016, closing 61 positions and reducing 333 holdings. Its most notable exit was MCGRAW-HILL FINANCIAL INC COM, an estimated $627M position sold in full.
By sector, the portfolio is most concentrated in Consumer Discretionary at 19% of assets, down from 20% a quarter earlier, followed by Healthcare and Technology.
Against the trend, Jennison Associates opened a new position in S&P Global worth $677M.
- Jennison Associates's largest Q2 2016 buy was S&P Global: 6,307,763 shares worth $677M.
- Jennison Associates added most to Allergan plc in Q2 2016, an estimated $437M increase.
- Jennison Associates's biggest Q2 2016 reduction was Under Armour, cutting an estimated $1.03B.
- Jennison Associates fully exited MCGRAW-HILL FINANCIAL INC COM in Q2 2016, selling an estimated $627M.
- Jennison Associates's ten largest holdings make up 23% of its $91.1B portfolio in Q2 2016.
- Jennison Associates opened 83 new positions and closed 61 in Q2 2016.
- Jennison Associates's portfolio value fell 4.3% quarter-over-quarter to $91.1B.
Based on Jennison Associates's 13F filing for Q2 2016, filed 3 Aug 2016.