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 |
TWX
Time Warner Inc
TWX
|
+$567M |
| 2 |
Kroger
KR
|
+$566M |
| 3 |
AGN
Allergan plc
AGN
|
+$491M |
| 4 |
NXP Semiconductors
NXPI
|
+$366M |
| 5 |
Sherwin-Williams
SHW
|
+$274M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PCP
PRECISION CASTPARTS CORP
PCP
|
+$880M |
| 2 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$731M |
| 3 |
CELG
Celgene Corp
CELG
|
+$395M |
| 4 |
AGN
Allergan Inc
AGN
|
+$320M |
| 5 |
TIF
Tiffany & Co.
TIF
|
+$309M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 20.03% |
| 2 | Consumer Discretionary | 14.7% |
| 3 | Technology | 12.89% |
| 4 | Communication Services | 12.45% |
| 5 | Financials | 8.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
351
Texas Roadhouse
TXRH
$13.5B
| $42.8M | 0.04% |
1,175,765
-3,412
| -0.3% | -$121K |
|
352
Wayfair
W
$11.2B
| $42.6M | 0.04% |
1,324,927
-1,139,897
| -46% | -$28.3M |
|
|
SNDK
353
DELISTED
SANDISK CORP
SNDK
| $41.8M | 0.04% |
656,735
-500,768
| -43% | -$40.7M |
|
354
Pembina Pipeline
PBA
$28.4B
| $41.8M | 0.04% |
1,318,731
+148,190
| +13% | +$4.77M |
|
|
CHS
355
DELISTED
Chicos FAS, Inc.
CHS
| $41.7M | 0.04% |
2,357,115
+377,852
| +19% | +$6.57M |
|
|
VR
356
DELISTED
Validus Hold Ltd
VR
| $41.5M | 0.04% |
985,993
+436,425
| +79% | +$18M |
|
357
Avient
AVNT
$3.33B
| $41.5M | 0.04% |
1,110,442
+447,356
| +67% | +$17M |
|
|
TMH
358
DELISTED
Team Health Holdings Inc
TMH
| $41M | 0.04% |
701,038
+1,275
| +0.2% | +$72.3K |
|
|
CSOD
359
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $40.8M | 0.04% |
1,413,393
-32,758
| -2% | -$1.07M |
|
|
TTPH
360
DELISTED
Tetraphase Pharmaceuticals, Inc.
TTPH
| $40.8M | 0.04% |
55,683
-305
| -0.5% | -$229K |
|
361
Terex
TEX
$7.18B
| $40.3M | 0.04% |
1,517,361
-759,001
| -33% | -$19.2M |
|
|
ITC
362
DELISTED
ITC HOLDINGS CORP
ITC
| $40.3M | 0.04% |
1,077,817
-62,554
| -5% | -$2.48M |
|
363
Mercado Libre
MELI
$95.2B
| $40.3M | 0.04% |
328,972
+136,012
| +70% | +$17.2M |
|
364
Prosperity Bancshares
PB
$8.97B
| $40.1M | 0.04% |
763,356
-685,030
| -47% | -$34.8M |
|
365
ManpowerGroup
MAN
$2.44B
| $39.7M | 0.04% |
461,339
-116,215
| -20% | -$8.85M |
|
|
TRAK
366
DELISTED
DEALERTRACK TECHNOLOGIES, INC. COM STK
TRAK
| $39.2M | 0.04% |
1,017,990
+150,904
| +17% | +$6.14M |
|
367
Las Vegas Sands
LVS
$31.7B
| $39.1M | 0.04% |
709,753
-488,162
| -41% | -$27.2M |
|
|
NFX
368
DELISTED
Newfield Exploration
NFX
| $38.8M | 0.04% |
1,105,721
+236,799
| +27% | +$7.17M |
|
|
MXIM
369
DELISTED
Maxim Integrated Products
MXIM
| $38.6M | 0.04% |
1,109,519
-6,381
| -0.6% | -$218K |
|
|
DYAX
370
DELISTED
DYAX CORPORATION
DYAX
| $38.2M | 0.04% |
2,279,119
+357,814
| +19% | +$5.57M |
|
371
Cencora
COR
$60.6B
| $37.8M | 0.03% |
+332,923
| New | +$33.5M |
|
372
Larimar Therapeutics
LRMR
$397M
| $37.8M | 0.03% |
79,468
+55,130
| +227% | +$26.2M |
|
373
Thomson Reuters
TRI
$42.8B
| $37.7M | 0.03% |
801,533
-4,947
| -0.6% | -$227K |
|
|
AM
374
DELISTED
ANTERO MIDSTREAM PARTNERS LP
AM
| $37.5M | 0.03% |
1,550,611
-69,804
| -4% | -$1.7M |
|
375
FedEx
FDX
$72.7B
| $37.4M | 0.03% |
225,807
+17,718
| +9% | +$3.08M |
|
Similar funds
Jennison Associates's Q1 2015 Portfolio in Review
As of Q1 2015, Jennison Associates held 801 positions worth $109B, up 2.1% from $107B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Jennison Associates's Q1 2015 filing shows 86 new, 297 increased, 319 reduced and 92 closed positions. Its largest new stake was NXP Semiconductors: 4,151,977 shares worth $417M. The largest sale was PRECISION CASTPARTS CORP, an estimated $880M.
By sector, the portfolio is most concentrated in Healthcare at 20% of assets, up from 19% a quarter earlier, followed by Consumer Discretionary and Technology.
- Jennison Associates's largest Q1 2015 buy was NXP Semiconductors: 4,151,977 shares worth $417M.
- Jennison Associates added most to Time Warner Inc in Q1 2015, an estimated $567M increase.
- Jennison Associates's biggest Q1 2015 reduction was Twenty-First Century Fox, Inc. Class A, cutting an estimated $731M.
- Jennison Associates fully exited PRECISION CASTPARTS CORP in Q1 2015, selling an estimated $880M.
- Jennison Associates's ten largest holdings make up 21% of its $109B portfolio in Q1 2015.
- Jennison Associates opened 86 new positions and closed 92 in Q1 2015.
- Jennison Associates's portfolio value rose 2.1% quarter-over-quarter to $109B.
Based on Jennison Associates's 13F filing for Q1 2015, filed 4 May 2015.