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 |
Alphabet (Google) Class A
GOOGL
|
+$2.04B |
| 2 |
Microsoft
MSFT
|
+$941M |
| 3 |
Alibaba
BABA
|
+$782M |
| 4 |
McDonald's
MCD
|
+$625M |
| 5 |
Home Depot
HD
|
+$409M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class C
GOOG
|
+$1.96B |
| 2 |
Chipotle Mexican Grill
CMG
|
+$765M |
| 3 |
Dollar General
DG
|
+$609M |
| 4 |
Apple
AAPL
|
+$489M |
| 5 |
AGN
Allergan plc
AGN
|
+$419M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 18.98% |
| 2 | Consumer Discretionary | 18.73% |
| 3 | Communication Services | 15.16% |
| 4 | Technology | 12.68% |
| 5 | Financials | 9.93% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
351
Surgery Partners
SGRY
$2.15B
| $34.1M | 0.03% |
+1,665,043
| New | +$31.8M |
|
|
BECN
352
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $34M | 0.03% |
825,717
+156,244
| +23% | +$5.99M |
|
353
Shake Shack
SHAK
$2.54B
| $34M | 0.03% |
858,569
+3,581
| +0.4% | +$157K |
|
|
SPN
354
DELISTED
Superior Energy Services, Inc.
SPN
| $33.6M | 0.03% |
249,400
-37,493
| -13% | -$5.58M |
|
|
SEMG
355
DELISTED
SEMGROUP CORPORATION
SEMG
| $33.5M | 0.03% |
1,161,411
-483,198
| -29% | -$18.5M |
|
356
PTC Therapeutics
PTCT
$6.18B
| $33.2M | 0.03% |
1,023,987
+357,092
| +54% | +$10.5M |
|
|
DMND
357
DELISTED
DIAMOND FOODS, INC.
DMND
| $33M | 0.03% |
855,673
-1,129,886
| -57% | -$42.7M |
|
|
TWTR
358
DELISTED
Twitter, Inc.
TWTR
| $32.9M | 0.03% |
1,420,180
-2,147,481
| -60% | -$57.3M |
|
359
Sarepta Therapeutics
SRPT
$1.64B
| $32.4M | 0.03% |
838,629
+689,831
| +464% | +$22.4M |
|
360
Performance Food Group
PFGC
$18.3B
| $32.4M | 0.03% |
+1,398,023
| New | +$31.7M |
|
|
RICE
361
DELISTED
Rice Energy Inc.
RICE
| $31.7M | 0.03% |
2,911,653
-6,858
| -0.2% | -$94.6K |
|
|
PINC
362
DELISTED
Premier
PINC
| $31.5M | 0.03% |
893,647
+129,650
| +17% | +$4.51M |
|
363
Monolithic Power Systems
MPWR
$61.4B
| $31.5M | 0.03% |
493,703
+47,565
| +11% | +$2.95M |
|
364
Exelon
EXC
$48.1B
| $31.2M | 0.03% |
1,576,866
-851,716
| -35% | -$17.3M |
|
365
Guidewire Software
GWRE
$13.9B
| $30.7M | 0.03% |
510,991
-544,470
| -52% | -$31.5M |
|
366
DaVita
DVA
$15.5B
| $30.7M | 0.03% |
440,195
+2,084
| +0.5% | +$153K |
|
|
NXTM
367
DELISTED
NxStage Medical Inc.
NXTM
| $30.6M | 0.03% |
1,395,174
+345,394
| +33% | +$6.44M |
|
368
BOK Financial
BOKF
$8.58B
| $30.5M | 0.03% |
509,885
-44,877
| -8% | -$2.94M |
|
|
DM
369
DELISTED
Dominion Energy Midstream Ptr LP
DM
| $30.4M | 0.03% |
992,136
+88,013
| +10% | +$2.66M |
|
370
Atmos Energy
ATO
$29.7B
| $29.9M | 0.03% |
+473,662
| New | +$29.1M |
|
|
EE
371
DELISTED
El Paso Electric Company
EE
| $29.7M | 0.03% |
770,779
+496,479
| +181% | +$19M |
|
|
TFCFA
372
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $29.2M | 0.03% |
1,076,079
-57,890
| -5% | -$1.68M |
|
|
STKL
373
DELISTED
SunOpta
STKL
| $29M | 0.03% |
4,234,596
+270,963
| +7% | +$1.68M |
|
374
Wayfair
W
$11.8B
| $28.9M | 0.03% |
607,118
-95,522
| -14% | -$4.04M |
|
|
TBI
375
Trueblue
TBI
$227M
| $28.4M | 0.03% |
1,103,614
+78,092
| +8% | +$2.11M |
|
Similar funds
Jennison Associates's Q4 2015 Portfolio in Review
As of Q4 2015, Jennison Associates held 786 positions worth $102B, up 4.4% from $97.6B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Jennison Associates's Q4 2015 filing shows 65 new, 298 increased, 279 reduced and 131 closed positions. Its largest new stake was Alphabet (Google) Class A: 55,026,880 shares worth $2.14B. The largest sale was Alphabet (Google) Class C, an estimated $1.96B.
By sector, the portfolio is most concentrated in Healthcare at 19% of assets, down from 19% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q4 2015 buy was Alphabet (Google) Class A: 55,026,880 shares worth $2.14B.
- Jennison Associates added most to Microsoft in Q4 2015, an estimated $941M increase.
- Jennison Associates's biggest Q4 2015 reduction was Alphabet (Google) Class C, cutting an estimated $1.96B.
- Jennison Associates fully exited Chipotle Mexican Grill in Q4 2015, selling an estimated $765M.
- Jennison Associates's ten largest holdings make up 23% of its $102B portfolio in Q4 2015.
- Jennison Associates opened 65 new positions and closed 131 in Q4 2015.
- Jennison Associates's portfolio value rose 4.4% quarter-over-quarter to $102B.
Based on Jennison Associates's 13F filing for Q4 2015, filed 10 Feb 2016.