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 |
Merck
MRK
|
+$891M |
| 2 |
Union Pacific
UNP
|
+$622M |
| 3 |
Salesforce
CRM
|
+$418M |
| 4 |
Edwards Lifesciences
EW
|
+$405M |
| 5 |
lululemon athletica
LULU
|
+$347M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Caterpillar
CAT
|
+$680M |
| 2 |
Texas Instruments
TXN
|
+$585M |
| 3 |
RHT
Red Hat Inc
RHT
|
+$571M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$558M |
| 5 |
Parker-Hannifin
PH
|
+$556M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 21.09% |
| 2 | Healthcare | 17.49% |
| 3 | Consumer Discretionary | 17.05% |
| 4 | Financials | 12.69% |
| 5 | Communication Services | 11.35% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
351
Newmont
NEM
$98.7B
| $20.5M | 0.02% |
593,014
+28,351
| +5% | +$919K |
|
352
Huron Consulting
HURN
$2.41B
| $20.4M | 0.02% |
397,392
+49,992
| +14% | +$2.54M |
|
|
PLYA
353
DELISTED
Playa Hotels & Resorts
PLYA
| $19.9M | 0.02% |
2,770,283
-160,235
| -5% | -$1.3M |
|
|
GWR
354
DELISTED
Genesee & Wyoming Inc.
GWR
| $19.8M | 0.02% |
267,926
-191,001
| -42% | -$15.3M |
|
355
Healthcare Services Group
HCSG
$1.6B
| $19.8M | 0.02% |
493,107
+42,208
| +9% | +$1.78M |
|
356
BlackBerry
BB
$4.98B
| $19.8M | 0.02% |
2,778,781
-160,504
| -5% | -$1.41M |
|
|
QVCGA
357
DELISTED
QVC Group Inc Series A
QVCGA
| $19.6M | 0.02% |
20,705
-1,174
| -5% | -$1.23M |
|
358
HealthEquity
HQY
$8.41B
| $19.6M | 0.02% |
328,574
+3,754
| +1% | +$303K |
|
359
Valero Energy
VLO
$92.9B
| $19.6M | 0.02% |
260,797
+20,264
| +8% | +$1.78M |
|
|
CLR
360
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $19.4M | 0.02% |
482,377
-118,273
| -20% | -$6.05M |
|
361
Olin
OLN
$2.11B
| $19.4M | 0.02% |
963,980
+998
| +0.1% | +$21.3K |
|
|
FLIR
362
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| $19.3M | 0.02% |
442,780
-30,479
| -6% | -$1.5M |
|
363
Mettler-Toledo International
MTD
$28.6B
| $19.1M | 0.02% |
+33,820
| New | +$19.6M |
|
364
Cousins Properties
CUZ
$5.19B
| $19M | 0.02% |
599,825
-6,187
| -1% | -$206K |
|
365
Monro
MNRO
$383M
| $18.9M | 0.02% |
274,215
+13,936
| +5% | +$1.02M |
|
|
SRE.PRA
366
DELISTED
Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A
SRE.PRA
| $18.8M | 0.02% |
197,876
-9,516
| -5% | -$960K |
|
367
DigitalBridge
DBRG
$2.93B
| $18.7M | 0.02% |
997,976
-9,719
| -1% | -$222K |
|
368
Verra Mobility
VRRM
$804M
| $18.7M | 0.02% |
1,912,445
-130,240
| -6% | -$1.31M |
|
369
Adicet Bio
ACET
$85.2M
| $18.4M | 0.02% |
19,108
-126
| -0.7% | -$166K |
|
370
Honeywell
HON
$77B
| $18M | 0.02% |
144,940
+17,004
| +13% | +$2.32M |
|
371
Rio Tinto
RIO
$158B
| $18M | 0.02% |
371,620
-68,330
| -16% | -$3.33M |
|
|
COUP
372
DELISTED
Coupa Software Incorporated
COUP
| $18M | 0.02% |
+286,579
| New | +$18.1M |
|
373
Yeti Holdings
YETI
$3.71B
| $17.7M | 0.02% |
+1,194,447
| New | +$18.9M |
|
374
MGP Ingredients
MGPI
$379M
| $17.7M | 0.02% |
309,705
+6,299
| +2% | +$425K |
|
375
JELD-WEN Holding
JELD
$122M
| $17.6M | 0.02% |
1,235,705
+7,683
| +0.6% | +$136K |
|
Similar funds
Jennison Associates's Q4 2018 Portfolio in Review
As of Q4 2018, Jennison Associates held 753 positions worth $89.4B, down 18% from $109B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Jennison Associates's Q4 2018 filing shows 95 new, 255 increased, 283 reduced and 113 closed positions. Its largest new stake was lululemon athletica: 2,588,881 shares worth $315M. The largest sale was Caterpillar, an estimated $680M.
By sector, the portfolio is most concentrated in Technology at 21% of assets, down from 22% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- Jennison Associates's largest Q4 2018 buy was lululemon athletica: 2,588,881 shares worth $315M.
- Jennison Associates added most to Merck in Q4 2018, an estimated $891M increase.
- Jennison Associates's biggest Q4 2018 reduction was Caterpillar, cutting an estimated $680M.
- Jennison Associates fully exited Tiffany & Co. in Q4 2018, selling an estimated $151M.
- Jennison Associates's ten largest holdings make up 30% of its $89.4B portfolio in Q4 2018.
- Jennison Associates opened 95 new positions and closed 113 in Q4 2018.
- Jennison Associates's portfolio value fell 18% quarter-over-quarter to $89.4B.
Based on Jennison Associates's 13F filing for Q4 2018, filed 6 Feb 2019.