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 |
Regeneron Pharmaceuticals
REGN
|
+$846M |
| 2 |
JD.com
JD
|
+$782M |
| 3 |
Dollar General
DG
|
+$647M |
| 4 |
Monster Beverage
MNST
|
+$324M |
| 5 |
NXP Semiconductors
NXPI
|
+$240M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Union Pacific
UNP
|
+$668M |
| 2 |
Mondelez International
MDLZ
|
+$528M |
| 3 |
Alibaba
BABA
|
+$457M |
| 4 |
TWTR
Twitter, Inc.
TWTR
|
+$409M |
| 5 |
CELG
Celgene Corp
CELG
|
+$403M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 20.97% |
| 2 | Consumer Discretionary | 16.01% |
| 3 | Technology | 12.95% |
| 4 | Communication Services | 12.43% |
| 5 | Financials | 9.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
376
ManpowerGroup
MAN
$2.6B
| $41M | 0.04% |
458,283
-3,056
| -0.7% | -$264K |
|
|
WNR
377
DELISTED
Western Refining Inc
WNR
| $40.6M | 0.04% |
931,229
+31,725
| +4% | +$1.41M |
|
|
ALTR
378
DELISTED
Altera Corp
ALTR
| $40.3M | 0.04% |
786,207
-715,120
| -48% | -$33.3M |
|
379
Eldorado Gold
EGO
$8.33B
| $40.1M | 0.04% |
1,932,399
+25,737
| +1% | +$606K |
|
380
RTX Corp
RTX
$290B
| $39.7M | 0.04% |
569,040
-90,331
| -14% | -$6.63M |
|
381
Assembly Biosciences
ASMB
$498M
| $38.7M | 0.04% |
167,423
+1,096
| +0.7% | +$211K |
|
|
NVDQ
382
DELISTED
Novadaq Technologies Inc.
NVDQ
| $38.2M | 0.04% |
3,157,689
+287,418
| +10% | +$3.43M |
|
|
AXE
383
DELISTED
Anixter International Inc
AXE
| $37.3M | 0.03% |
572,275
-277,834
| -33% | -$19.7M |
|
384
Wendy's
WEN
$1.46B
| $37.2M | 0.03% |
3,297,062
-8,994,887
| -73% | -$99.1M |
|
|
TFCFA
385
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $36.7M | 0.03% |
1,128,409
-353,077
| -24% | -$11.9M |
|
386
FedEx
FDX
$73B
| $36.5M | 0.03% |
214,160
-11,647
| -5% | -$2.03M |
|
387
Cencora
COR
$62B
| $35.7M | 0.03% |
336,145
+3,222
| +1% | +$363K |
|
388
Freeport-McMoran
FCX
$86.2B
| $35.7M | 0.03% |
1,917,550
+569,592
| +42% | +$11.8M |
|
389
Semtech
SMTC
$9.65B
| $35.3M | 0.03% |
1,777,092
+72,053
| +4% | +$1.68M |
|
|
CMRX
390
DELISTED
Chimerix, Inc.
CMRX
| $35.3M | 0.03% |
763,186
+229,115
| +43% | +$9.18M |
|
|
TBI
391
Trueblue
TBI
$227M
| $35.1M | 0.03% |
1,172,417
-204,728
| -15% | -$5.77M |
|
|
ANAC
392
DELISTED
ANACOR PHARMACEUTICALS INC COM
ANAC
| $34.6M | 0.03% |
446,880
-317,017
| -41% | -$20.8M |
|
|
DFRG
393
DELISTED
Del Frisco's Restaurant Group, Inc. Common Stock
DFRG
| $34.6M | 0.03% |
1,855,840
+218,917
| +13% | +$4.29M |
|
394
Darling Ingredients
DAR
$9.32B
| $34.6M | 0.03% |
2,357,900
-220,146
| -9% | -$3.25M |
|
395
DaVita
DVA
$15.5B
| $34.6M | 0.03% |
434,802
+4,225
| +1% | +$347K |
|
396
Las Vegas Sands
LVS
$32.2B
| $34.5M | 0.03% |
656,712
-53,041
| -7% | -$2.83M |
|
397
Brink's
BCO
$5.01B
| $34.2M | 0.03% |
1,161,494
-453,841
| -28% | -$13.7M |
|
398
MGM Resorts International
MGM
$11.7B
| $34M | 0.03% |
+1,864,757
| New | +$37.9M |
|
|
ORBC
399
DELISTED
ORBCOMM, Inc.
ORBC
| $33.6M | 0.03% |
4,984,860
+2,270,704
| +84% | +$14.7M |
|
|
GLDD
400
DELISTED
Great Lakes Dredge & Dock
GLDD
| $33.5M | 0.03% |
5,617,615
+138,715
| +3% | +$814K |
|
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Jennison Associates's Q2 2015 Portfolio in Review
As of Q2 2015, Jennison Associates held 801 positions worth $109B, down 0.05% from $109B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Jennison Associates's Q2 2015 filing shows 92 new, 315 increased, 305 reduced and 72 closed positions. Its largest new stake was Regeneron Pharmaceuticals: 1,732,726 shares worth $884M. The largest sale was Union Pacific, an estimated $668M.
By sector, the portfolio is most concentrated in Healthcare at 21% of assets, up from 20% a quarter earlier, followed by Consumer Discretionary and Technology.
- Jennison Associates's largest Q2 2015 buy was Regeneron Pharmaceuticals: 1,732,726 shares worth $884M.
- Jennison Associates added most to JD.com in Q2 2015, an estimated $782M increase.
- Jennison Associates's biggest Q2 2015 reduction was Union Pacific, cutting an estimated $668M.
- Jennison Associates fully exited Perrigo in Q2 2015, selling an estimated $204M.
- Jennison Associates's ten largest holdings make up 21% of its $109B portfolio in Q2 2015.
- Jennison Associates opened 92 new positions and closed 72 in Q2 2015.
- Jennison Associates's portfolio value fell 0.05% quarter-over-quarter to $109B.
Based on Jennison Associates's 13F filing for Q2 2015, filed 3 Aug 2015.