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 C
GOOG
|
+$820M |
| 2 |
Palo Alto Networks
PANW
|
+$358M |
| 3 |
Visa
V
|
+$355M |
| 4 |
CELG
Celgene Corp
CELG
|
+$339M |
| 5 |
Citigroup
C
|
+$325M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Gilead Sciences
GILD
|
+$722M |
| 2 |
Vertex Pharmaceuticals
VRTX
|
+$356M |
| 3 |
Alibaba
BABA
|
+$345M |
| 4 |
EOG Resources
EOG
|
+$344M |
| 5 |
Canadian Pacific Kansas City
CP
|
+$321M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 19.08% |
| 2 | Consumer Discretionary | 17.25% |
| 3 | Communication Services | 14.3% |
| 4 | Technology | 13.13% |
| 5 | Financials | 9.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
BLUE
376
DELISTED
bluebird bio
BLUE
| $30.9M | 0.03% |
27,915
-11,226
| -29% | -$20.5M |
|
|
PLCM
377
DELISTED
POLYCOM INC
PLCM
| $30.9M | 0.03% |
2,951,742
+50,317
| +2% | +$545K |
|
|
CWEN.A
378
DELISTED
Clearway Energy Class A
CWEN.A
| $30.9M | 0.03% |
2,772,175
+1,824
| +0.1% | +$31.2K |
|
379
Benchmark Electronics
BHE
$2.85B
| $30.8M | 0.03% |
1,416,888
+78,747
| +6% | +$1.68M |
|
|
TFCFA
380
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $30.6M | 0.03% |
1,133,969
+5,560
| +0.5% | +$166K |
|
|
NVDQ
381
DELISTED
Novadaq Technologies Inc.
NVDQ
| $30.5M | 0.03% |
2,926,815
-230,874
| -7% | -$2.73M |
|
382
Eldorado Gold
EGO
$8.53B
| $30.4M | 0.03% |
1,892,952
-39,447
| -2% | -$656K |
|
|
AXE
383
DELISTED
Anixter International Inc
AXE
| $30.1M | 0.03% |
520,486
-51,789
| -9% | -$3.24M |
|
|
B
384
Barrick Mining
B
$63.2B
| $30M | 0.03% |
4,709,653
-234,140
| -5% | -$1.76M |
|
385
Plains GP Holdings
PAGP
$5.26B
| $29.6M | 0.03% |
636,225
+293,506
| +86% | +$16.4M |
|
|
CMRX
386
DELISTED
Chimerix, Inc.
CMRX
| $29M | 0.03% |
758,750
-4,436
| -0.6% | -$219K |
|
387
NRG Energy
NRG
$28.3B
| $29M | 0.03% |
1,951,226
-20,051
| -1% | -$398K |
|
388
Antero Resources
AR
$10.9B
| $28.3M | 0.03% |
1,338,954
-16,507
| -1% | -$439K |
|
389
Conagra Brands
CAG
$7.19B
| $28.3M | 0.03% |
+896,948
| New | +$30.1M |
|
390
Tempest Therapeutics
TPST
$13.8M
| $28.2M | 0.03% |
1,137
-13
| -1% | -$875K |
|
|
PTLA
391
DELISTED
Portola Pharmaceuticals, Inc.
PTLA
| $27.9M | 0.03% |
655,018
+5,118
| +0.8% | +$247K |
|
|
FOE
392
DELISTED
Ferro Corporation
FOE
| $27.8M | 0.03% |
2,534,250
+2,385,150
| +1,600% | +$32.3M |
|
|
INN
393
Summit Hotel Properties
INN
$748M
| $27.2M | 0.03% |
2,329,950
-202,316
| -8% | -$2.58M |
|
|
GLDD
394
DELISTED
Great Lakes Dredge & Dock
GLDD
| $27.1M | 0.03% |
5,378,148
-239,467
| -4% | -$1.31M |
|
395
United Parks & Resorts
PRKS
$2.15B
| $26.8M | 0.03% |
+1,503,720
| New | +$27.1M |
|
|
HOLX
396
DELISTED
Hologic
HOLX
| $26.6M | 0.03% |
680,626
-673,604
| -50% | -$26.7M |
|
397
Atara Biotherapeutics
ATRA
$73.6M
| $26.5M | 0.03% |
33,767
+9,788
| +41% | +$11.9M |
|
|
PINC
398
DELISTED
Premier
PINC
| $26.3M | 0.03% |
763,997
-36,516
| -5% | -$1.32M |
|
399
Lowe's Companies
LOW
$118B
| $26.1M | 0.03% |
378,494
+1,735
| +0.5% | +$119K |
|
400
Veeva Systems
VEEV
$32.7B
| $26M | 0.03% |
+1,108,691
| New | +$28.9M |
|
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Jennison Associates's Q3 2015 Portfolio in Review
As of Q3 2015, Jennison Associates held 813 positions worth $97.6B, down 11% from $109B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Jennison Associates's Q3 2015 filing shows 84 new, 272 increased, 353 reduced and 92 closed positions. Its largest new stake was Palo Alto Networks: 12,124,434 shares worth $348M. The largest sale was Gilead Sciences, an estimated $722M.
By sector, the portfolio is most concentrated in Healthcare at 19% of assets, down from 21% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q3 2015 buy was Palo Alto Networks: 12,124,434 shares worth $348M.
- Jennison Associates added most to Alphabet (Google) Class C in Q3 2015, an estimated $820M increase.
- Jennison Associates's biggest Q3 2015 reduction was Gilead Sciences, cutting an estimated $722M.
- Jennison Associates fully exited KRAFT FOODS GROUP INC COM STK (VA) in Q3 2015, selling an estimated $144M.
- Jennison Associates's ten largest holdings make up 24% of its $97.6B portfolio in Q3 2015.
- Jennison Associates opened 84 new positions and closed 92 in Q3 2015.
- Jennison Associates's portfolio value fell 11% quarter-over-quarter to $97.6B.
Based on Jennison Associates's 13F filing for Q3 2015, filed 6 Nov 2015.