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 |
Charter Communications
CHTR
|
+$601M |
| 2 |
Parker-Hannifin
PH
|
+$576M |
| 3 |
JPMorgan Chase
JPM
|
+$575M |
| 4 |
Goldman Sachs
GS
|
+$452M |
| 5 |
FedEx
FDX
|
+$371M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Biogen
BIIB
|
+$733M |
| 2 |
American Tower
AMT
|
+$684M |
| 3 |
Nike
NKE
|
+$601M |
| 4 |
AGN
Allergan plc
AGN
|
+$561M |
| 5 |
McDonald's
MCD
|
+$536M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.7% |
| 2 | Consumer Discretionary | 17.46% |
| 3 | Healthcare | 13.37% |
| 4 | Communication Services | 12.12% |
| 5 | Financials | 11.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
326
Littelfuse
LFUS
$9.91B
| $34M | 0.04% |
224,201
+78,518
| +54% | +$11.2M |
|
|
TAHO
327
DELISTED
Tahoe Resources Inc
TAHO
| $33.7M | 0.04% |
3,581,424
-75,303
| -2% | -$785K |
|
|
RDUS
328
DELISTED
Radius Health, Inc.
RDUS
| $33.7M | 0.04% |
886,038
-85,888
| -9% | -$4.09M |
|
329
Range Resources
RRC
$8.94B
| $33.5M | 0.04% |
973,505
-58,726
| -6% | -$2.1M |
|
|
MPSX
330
DELISTED
Multi Packaging Solutions Intl.
MPSX
| $33.4M | 0.04% |
2,341,371
-368,098
| -14% | -$5.11M |
|
331
Cheniere Energy
CQP
$31B
| $33.1M | 0.04% |
1,150,212
+44,371
| +4% | +$1.26M |
|
|
VISN
332
Vistance Networks Inc
VISN
$2.67B
| $33M | 0.04% |
887,867
| – | – |
|
333
Southern Company
SO
$109B
| $33M | 0.04% |
671,046
+15,833
| +2% | +$778K |
|
|
VRNT
334
DELISTED
Verint Systems
VRNT
| $32.9M | 0.04% |
1,832,843
+306,371
| +20% | +$5.7M |
|
|
LPNT
335
DELISTED
LifePoint Health, Inc.
LPNT
| $32.8M | 0.04% |
578,072
-542,558
| -48% | -$31.4M |
|
336
Eagle Bancorp
EGBN
$866M
| $32.5M | 0.04% |
533,890
+67,987
| +15% | +$3.72M |
|
|
TXNM
337
TXNM Energy Inc
TXNM
$6.43B
| $32.4M | 0.04% |
+944,201
| New | +$30.6M |
|
|
TSRO
338
DELISTED
TESARO, Inc.
TSRO
| $32.3M | 0.04% |
240,219
+1,023
| +0.4% | +$129K |
|
|
OA
339
DELISTED
Orbital ATK, Inc.
OA
| $32.1M | 0.04% |
+365,879
| New | +$29.8M |
|
|
PGTI
340
DELISTED
PGT, Inc.
PGTI
| $32.1M | 0.04% |
2,799,458
+28,642
| +1% | +$312K |
|
|
PPL
341
PPL Corp
PPL
$27.3B
| $32M | 0.04% |
941,271
+10,969
| +1% | +$368K |
|
342
Moelis & Co
MC
$5.1B
| $32M | 0.04% |
943,465
+11,565
| +1% | +$326K |
|
343
Louisiana-Pacific
LPX
$5.35B
| $31.7M | 0.04% |
1,673,469
-252,483
| -13% | -$4.81M |
|
344
Dorman Products
DORM
$4.28B
| $31.5M | 0.04% |
431,011
-19,397
| -4% | -$1.32M |
|
|
JNPR
345
DELISTED
Juniper Networks
JNPR
| $31.5M | 0.04% |
1,113,551
-29,843
| -3% | -$778K |
|
346
Molson Coors Class B
TAP
$7.97B
| $31.3M | 0.03% |
321,297
+218,757
| +213% | +$22.3M |
|
|
CSRA
347
DELISTED
CSRA Inc.
CSRA
| $31.2M | 0.03% |
+980,734
| New | +$28.7M |
|
348
Core Laboratories
CLB
$493M
| $30.8M | 0.03% |
256,912
-17,852
| -6% | -$1.98M |
|
|
MON
349
DELISTED
Monsanto Co
MON
| $30.8M | 0.03% |
292,996
-27,811
| -9% | -$2.85M |
|
|
B
350
Barrick Mining
B
$61.5B
| $30.3M | 0.03% |
1,894,563
-124,554
| -6% | -$1.97M |
|
Similar funds
Jennison Associates's Q4 2016 Portfolio in Review
As of Q4 2016, Jennison Associates held 857 positions worth $89.6B, down 3.4% from $92.8B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Jennison Associates withdrew a net $3.76B in Q4 2016, closing 52 positions and reducing 313 holdings. Its most notable exit was lululemon athletica, an estimated $342M position sold in full.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 18% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, Jennison Associates opened a new position in Parker-Hannifin worth $606M.
- Jennison Associates's largest Q4 2016 buy was Parker-Hannifin: 4,330,276 shares worth $606M.
- Jennison Associates added most to Charter Communications in Q4 2016, an estimated $601M increase.
- Jennison Associates's biggest Q4 2016 reduction was Biogen, cutting an estimated $733M.
- Jennison Associates fully exited lululemon athletica in Q4 2016, selling an estimated $342M.
- Jennison Associates's ten largest holdings make up 25% of its $89.6B portfolio in Q4 2016.
- Jennison Associates opened 208 new positions and closed 52 in Q4 2016.
- Jennison Associates's portfolio value fell 3.4% quarter-over-quarter to $89.6B.
Based on Jennison Associates's 13F filing for Q4 2016, filed 6 Feb 2017.