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 |
Broadcom
AVGO
|
+$781M |
| 2 |
Nike
NKE
|
+$773M |
| 3 |
ATVI
Activision Blizzard
ATVI
|
+$536M |
| 4 |
Texas Instruments
TXN
|
+$493M |
| 5 |
AGN
Allergan plc
AGN
|
+$379M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Starbucks
SBUX
|
+$1.07B |
| 2 |
Qualcomm
QCOM
|
+$673M |
| 3 |
TJX Companies
TJX
|
+$603M |
| 4 |
NVIDIA
NVDA
|
+$431M |
| 5 |
Regeneron Pharmaceuticals
REGN
|
+$429M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.31% |
| 2 | Consumer Discretionary | 17.37% |
| 3 | Healthcare | 13.5% |
| 4 | Communication Services | 13.08% |
| 5 | Financials | 10.43% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
351
Tenaris
TS
$28.5B
| $31.7M | 0.03% |
929,872
+251,441
| +37% | +$8.56M |
|
|
ARCH
352
DELISTED
Arch Resources, Inc.
ARCH
| $31.6M | 0.03% |
+458,936
| New | +$32.6M |
|
353
Oracle
ORCL
$345B
| $31.4M | 0.03% |
704,813
+655,623
| +1,333% | +$27.3M |
|
354
Honeywell
HON
$77.9B
| $31.3M | 0.03% |
277,866
-57,295
| -17% | -$6.33M |
|
|
PLYA
355
DELISTED
Playa Hotels & Resorts
PLYA
| $31M | 0.03% |
+2,954,309
| New | +$30.5M |
|
356
Benchmark Electronics
BHE
$2.86B
| $30.8M | 0.03% |
967,957
-328,688
| -25% | -$10.3M |
|
|
GWR
357
DELISTED
Genesee & Wyoming Inc.
GWR
| $30.6M | 0.03% |
451,048
+51,063
| +13% | +$3.69M |
|
358
Enerpac Tool Group
EPAC
$1.78B
| $30.5M | 0.03% |
+1,158,069
| New | +$31.1M |
|
359
Texas Roadhouse
TXRH
$13.2B
| $30.2M | 0.03% |
678,138
-64,703
| -9% | -$2.91M |
|
360
Range Resources
RRC
$8.85B
| $30M | 0.03% |
1,032,238
+58,733
| +6% | +$1.81M |
|
|
CSRA
361
DELISTED
CSRA Inc.
CSRA
| $30M | 0.03% |
1,024,205
+43,471
| +4% | +$1.33M |
|
362
Dorman Products
DORM
$4.08B
| $30M | 0.03% |
364,720
-66,291
| -15% | -$4.92M |
|
363
Ocular Therapeutix
OCUL
$1.89B
| $29.9M | 0.03% |
3,216,881
| – | – |
|
364
Veeva Systems
VEEV
$31.6B
| $29.6M | 0.03% |
576,321
+24,353
| +4% | +$1.09M |
|
365
Target
TGT
$63.7B
| $28.9M | 0.03% |
522,890
+8,786
| +2% | +$547K |
|
|
DNKN
366
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $28.8M | 0.03% |
526,141
-161,883
| -24% | -$8.69M |
|
367
Air Products & Chemicals
APD
$65.2B
| $28.7M | 0.03% |
212,299
-198,221
| -48% | -$27.9M |
|
368
Dover
DOV
$27.7B
| $28.6M | 0.03% |
441,293
+62,562
| +17% | +$3.99M |
|
|
PGTI
369
DELISTED
PGT, Inc.
PGTI
| $28.5M | 0.03% |
2,655,547
-143,911
| -5% | -$1.59M |
|
370
Wingstop
WING
$3.74B
| $28.4M | 0.03% |
1,004,059
+91,471
| +10% | +$2.53M |
|
371
Oneok
OKE
$56.4B
| $28.3M | 0.03% |
511,152
-487,722
| -49% | -$26.8M |
|
372
Core Laboratories
CLB
$518M
| $28.3M | 0.03% |
244,599
-12,313
| -5% | -$1.43M |
|
373
Neurocrine Biosciences
NBIX
$17.7B
| $28.2M | 0.03% |
650,372
+280,963
| +76% | +$12M |
|
|
NATI
374
DELISTED
National Instruments Corp
NATI
| $28M | 0.03% |
+860,682
| New | +$27.4M |
|
|
WPZ
375
DELISTED
Williams Partners L.P.
WPZ
| $27.9M | 0.03% |
684,322
+215,232
| +46% | +$8.65M |
|
Similar funds
Jennison Associates's Q1 2017 Portfolio in Review
As of Q1 2017, Jennison Associates held 861 positions worth $93.2B, up 4.1% from $89.6B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Jennison Associates withdrew a net $4.47B in Q1 2017, closing 224 positions and reducing 376 holdings. Its most notable exit was Mobileye N.V., an estimated $165M position sold in full.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 19% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, Jennison Associates opened a new position in Snap worth $119M.
- Jennison Associates's largest Q1 2017 buy was Snap: 5,289,727 shares worth $119M.
- Jennison Associates added most to Broadcom in Q1 2017, an estimated $781M increase.
- Jennison Associates's biggest Q1 2017 reduction was Starbucks, cutting an estimated $1.07B.
- Jennison Associates fully exited Mobileye N.V. in Q1 2017, selling an estimated $165M.
- Jennison Associates's ten largest holdings make up 26% of its $93.2B portfolio in Q1 2017.
- Jennison Associates opened 55 new positions and closed 224 in Q1 2017.
- Jennison Associates's portfolio value rose 4.1% quarter-over-quarter to $93.2B.
Based on Jennison Associates's 13F filing for Q1 2017, filed 28 Apr 2017.