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 |
PNC Financial Services
PNC
|
+$630M |
| 2 |
Nike
NKE
|
+$627M |
| 3 |
XYZ
Block Inc
XYZ
|
+$306M |
| 4 |
ALXN
Alexion Pharmaceuticals
ALXN
|
+$295M |
| 5 |
FedEx
FDX
|
+$248M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.2B |
| 2 |
Meta Platforms (Facebook)
META
|
+$669M |
| 3 |
AbbVie
ABBV
|
+$567M |
| 4 |
Corning
GLW
|
+$343M |
| 5 |
McDonald's
MCD
|
+$342M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.83% |
| 2 | Consumer Discretionary | 16.55% |
| 3 | Financials | 13.82% |
| 4 | Healthcare | 12.55% |
| 5 | Communication Services | 11.59% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AVXS
351
DELISTED
AveXis, Inc. Common Stock
AVXS
| $26.4M | 0.03% |
214,014
+28,920
| +16% | +$3.44M |
|
352
argenx
ARGX
$53.4B
| $26.3M | 0.03% |
326,737
+39,925
| +14% | +$3.02M |
|
|
CLDT
353
Chatham Lodging
CLDT
$622M
| $26.2M | 0.03% |
1,367,490
-310,026
| -18% | -$6.45M |
|
354
Laureate Education
LAUR
$5.28B
| $26.1M | 0.03% |
1,897,094
-21,514
| -1% | -$302K |
|
|
INXN
355
DELISTED
Interxion Holding N.V.
INXN
| $25.8M | 0.03% |
414,600
-25,522
| -6% | -$1.52M |
|
356
General Dynamics
GD
$104B
| $25.5M | 0.03% |
115,356
+40,209
| +54% | +$8.75M |
|
|
SHPG
357
DELISTED
Shire pic
SHPG
| $25.5M | 0.03% |
170,513
-314,622
| -65% | -$43.3M |
|
|
CBIO
358
Crescent Biopharma
CBIO
$537M
| $25.4M | 0.03% |
15,676
-202
| -1% | -$420K |
|
|
TVTY
359
DELISTED
Tivity Health, Inc. Common Stock
TVTY
| $25.2M | 0.03% |
636,469
+55,360
| +10% | +$2.15M |
|
360
MaxLinear
MXL
$6.06B
| $25.2M | 0.03% |
1,107,528
+153,819
| +16% | +$3.82M |
|
|
ROIC
361
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $24.9M | 0.02% |
1,407,787
-98,528
| -7% | -$1.77M |
|
362
Plains All American Pipeline
PAA
$17.3B
| $24.7M | 0.02% |
1,122,969
+260,685
| +30% | +$5.73M |
|
363
United Parks & Resorts
PRKS
$2.1B
| $24.4M | 0.02% |
1,647,713
-26,457
| -2% | -$389K |
|
364
Coca-Cola
KO
$377B
| $24.3M | 0.02% |
559,411
-171,016
| -23% | -$7.68M |
|
365
TechnipFMC
FTI
$28.1B
| $24.1M | 0.02% |
1,100,123
-390,220
| -26% | -$9.04M |
|
366
Air Products & Chemicals
APD
$65.7B
| $23.9M | 0.02% |
150,444
-31,655
| -17% | -$5.22M |
|
367
Natera
NTRA
$38.3B
| $23.9M | 0.02% |
2,580,747
+245,656
| +11% | +$2.41M |
|
368
Enterprise Products Partners
EPD
$82.3B
| $23.7M | 0.02% |
968,527
+187,911
| +24% | +$5M |
|
|
VSM
369
DELISTED
Versum Materials, Inc.
VSM
| $23.6M | 0.02% |
628,290
-276,037
| -31% | -$10.5M |
|
370
Travere Therapeutics
TVTX
$5.2B
| $23.6M | 0.02% |
1,056,161
+93,365
| +10% | +$2.22M |
|
371
BlackBerry
BB
$4.98B
| $23.5M | 0.02% |
2,044,637
-17,851
| -0.9% | -$227K |
|
372
Marathon Petroleum
MPC
$92.4B
| $23M | 0.02% |
314,654
-441,586
| -58% | -$30.4M |
|
|
ANDX
373
DELISTED
Andeavor Logistics LP
ANDX
| $22.8M | 0.02% |
508,085
+190,483
| +60% | +$9.29M |
|
374
DigitalBridge
DBRG
$2.93B
| $22.8M | 0.02% |
1,012,139
-230,442
| -19% | -$7.51M |
|
|
TRHC
375
DELISTED
Tabula Rasa HealthCare, Inc. Common Stock
TRHC
| $22.7M | 0.02% |
585,153
+172,766
| +42% | +$6.05M |
|
Similar funds
Jennison Associates's Q1 2018 Portfolio in Review
As of Q1 2018, Jennison Associates held 730 positions worth $101B, down 0.67% from $101B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Jennison Associates withdrew a net $4.02B in Q1 2018, closing 79 positions and reducing 339 holdings. Its most notable exit was Newell Brands, an estimated $95.7M position sold in full.
By sector, the portfolio is most concentrated in Technology at 21% of assets, down from 21% a quarter earlier, followed by Consumer Discretionary and Financials.
Against the trend, Jennison Associates opened a new position in Emerson Electric worth $113M.
- Jennison Associates's largest Q1 2018 buy was Emerson Electric: 1,658,090 shares worth $113M.
- Jennison Associates added most to PNC Financial Services in Q1 2018, an estimated $630M increase.
- Jennison Associates's biggest Q1 2018 reduction was Apple, cutting an estimated $1.2B.
- Jennison Associates fully exited Newell Brands in Q1 2018, selling an estimated $95.7M.
- Jennison Associates's ten largest holdings make up 28% of its $101B portfolio in Q1 2018.
- Jennison Associates opened 81 new positions and closed 79 in Q1 2018.
- Jennison Associates's portfolio value fell 0.67% quarter-over-quarter to $101B.
Based on Jennison Associates's 13F filing for Q1 2018, filed 20 Apr 2018.