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 |
McDonald's
MCD
|
+$770M |
| 2 |
Crown Castle
CCI
|
+$678M |
| 3 |
ATVI
Activision Blizzard
ATVI
|
+$557M |
| 4 |
Vertex Pharmaceuticals
VRTX
|
+$437M |
| 5 |
BioMarin Pharmaceuticals
BMRN
|
+$305M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Nike
NKE
|
+$1.22B |
| 2 |
ALXN
Alexion Pharmaceuticals
ALXN
|
+$1.04B |
| 3 |
Amazon
AMZN
|
+$661M |
| 4 |
SHPG
Shire pic
SHPG
|
+$478M |
| 5 |
TWX
Time Warner Inc
TWX
|
+$457M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 21.25% |
| 2 | Consumer Discretionary | 17.77% |
| 3 | Healthcare | 14.23% |
| 4 | Communication Services | 13.04% |
| 5 | Financials | 10.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
326
Travere Therapeutics
TVTX
$6.19B
| $32.9M | 0.03% |
1,697,925
-140,872
| -8% | -$2.56M |
|
327
Schneider National
SNDR
$6.04B
| $32.8M | 0.03% |
+1,465,655
| New | +$29M |
|
328
Owens Corning
OC
$11.3B
| $32.7M | 0.03% |
488,185
-78,001
| -14% | -$4.89M |
|
329
Clearway Energy Class C
CWEN
$6.52B
| $32.6M | 0.03% |
1,849,819
-21,221
| -1% | -$372K |
|
330
Southern Copper
SCCO
$177B
| $32.4M | 0.03% |
1,021,841
-81,278
| -7% | -$2.6M |
|
|
NATI
331
DELISTED
National Instruments Corp
NATI
| $32.2M | 0.03% |
801,142
-59,540
| -7% | -$2.17M |
|
332
Guidewire Software
GWRE
$17.1B
| $31.8M | 0.03% |
463,109
-32,005
| -6% | -$2.04M |
|
333
Littelfuse
LFUS
$10.3B
| $31.3M | 0.03% |
189,604
-42,267
| -18% | -$6.79M |
|
|
INFN
334
DELISTED
Infinera Corporation Common Stock
INFN
| $31.3M | 0.03% |
2,931,573
+1,048,424
| +56% | +$10.7M |
|
|
CSRA
335
DELISTED
CSRA Inc.
CSRA
| $31.2M | 0.03% |
981,471
-42,734
| -4% | -$1.28M |
|
|
JNPR
336
DELISTED
Juniper Networks
JNPR
| $31M | 0.03% |
1,112,484
-47,983
| -4% | -$1.39M |
|
337
Wendy's
WEN
$1.58B
| $30.9M | 0.03% |
1,994,958
-597,057
| -23% | -$9.04M |
|
338
NRG Energy
NRG
$23.4B
| $30.8M | 0.03% |
1,791,492
| – | – |
|
339
Steel Dynamics
STLD
$33.6B
| $30.8M | 0.03% |
858,781
-55,776
| -6% | -$1.93M |
|
|
PRTY
340
DELISTED
Party City Holdco Inc.
PRTY
| $30.6M | 0.03% |
1,952,887
+235,322
| +14% | +$3.63M |
|
|
PFPT
341
DELISTED
Proofpoint, Inc.
PFPT
| $30.2M | 0.03% |
347,797
+5,403
| +2% | +$444K |
|
342
Benchmark Electronics
BHE
$2.56B
| $29.9M | 0.03% |
927,132
-40,825
| -4% | -$1.31M |
|
|
VTLE
343
DELISTED
Vital Energy
VTLE
| $29.4M | 0.03% |
139,686
-11,502
| -8% | -$2.83M |
|
|
GWR
344
DELISTED
Genesee & Wyoming Inc.
GWR
| $29.4M | 0.03% |
429,443
-21,605
| -5% | -$1.43M |
|
345
Ultragenyx Pharmaceutical
RARE
$2.52B
| $29.2M | 0.03% |
470,032
-30,258
| -6% | -$1.82M |
|
|
DNKN
346
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $29.1M | 0.03% |
528,679
+2,538
| +0.5% | +$142K |
|
347
CoreCivic
CXW
$3.34B
| $29.1M | 0.03% |
1,056,440
-86,946
| -8% | -$2.72M |
|
|
EPZM
348
DELISTED
Epizyme, Inc
EPZM
| $28.3M | 0.03% |
1,877,135
-56,669
| -3% | -$857K |
|
349
United Parks & Resorts
PRKS
$1.93B
| $28.2M | 0.03% |
1,731,178
-76,096
| -4% | -$1.31M |
|
350
Devon Energy
DVN
$52.1B
| $28.2M | 0.03% |
880,576
-122,433
| -12% | -$4.48M |
|
Similar funds
Jennison Associates's Q2 2017 Portfolio in Review
As of Q2 2017, Jennison Associates held 698 positions worth $94.3B, up 1.1% from $93.2B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Jennison Associates withdrew a net $3.11B in Q2 2017, closing 61 positions and reducing 332 holdings. Its most notable exit was NXP Semiconductors, an estimated $452M position sold in full.
By sector, the portfolio is most concentrated in Technology at 21% of assets, up from 21% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, Jennison Associates opened a new position in Newell Brands worth $125M.
- Jennison Associates's largest Q2 2017 buy was Newell Brands: 2,328,211 shares worth $125M.
- Jennison Associates added most to McDonald's in Q2 2017, an estimated $770M increase.
- Jennison Associates's biggest Q2 2017 reduction was Nike, cutting an estimated $1.22B.
- Jennison Associates fully exited NXP Semiconductors in Q2 2017, selling an estimated $452M.
- Jennison Associates's ten largest holdings make up 27% of its $94.3B portfolio in Q2 2017.
- Jennison Associates opened 62 new positions and closed 61 in Q2 2017.
- Jennison Associates's portfolio value rose 1.1% quarter-over-quarter to $94.3B.
Based on Jennison Associates's 13F filing for Q2 2017, filed 4 Aug 2017.