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 A
GOOGL
|
+$2.04B |
| 2 |
Microsoft
MSFT
|
+$941M |
| 3 |
Alibaba
BABA
|
+$782M |
| 4 |
McDonald's
MCD
|
+$625M |
| 5 |
Home Depot
HD
|
+$409M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class C
GOOG
|
+$1.96B |
| 2 |
Chipotle Mexican Grill
CMG
|
+$765M |
| 3 |
Dollar General
DG
|
+$609M |
| 4 |
Apple
AAPL
|
+$489M |
| 5 |
AGN
Allergan plc
AGN
|
+$419M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 18.98% |
| 2 | Consumer Discretionary | 18.73% |
| 3 | Communication Services | 15.16% |
| 4 | Technology | 12.68% |
| 5 | Financials | 9.93% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
POT
376
DELISTED
Potash Corp Of Saskatchewan
POT
| $28.3M | 0.03% |
1,650,164
-3,166,943
| -66% | -$63M |
|
|
AGN.PRA
377
DELISTED
Allergan plc
AGN.PRA
| $28.2M | 0.03% |
27,400
+19,900
| +265% | +$20M |
|
378
Neurocrine Biosciences
NBIX
$18.2B
| $28M | 0.03% |
494,607
-376,812
| -43% | -$19.2M |
|
379
Agios Pharmaceuticals
AGIO
$2.08B
| $27.9M | 0.03% |
430,085
+271,142
| +171% | +$17.8M |
|
380
Energy Transfer Partners
ET
$69.5B
| $27.9M | 0.03% |
2,028,994
-890,828
| -31% | -$16.6M |
|
381
Prothena Corp
PRTA
$448M
| $27.7M | 0.03% |
406,677
+1,912
| +0.5% | +$115K |
|
382
Five Below
FIVE
$11.6B
| $27.6M | 0.03% |
860,789
+217,749
| +34% | +$6.97M |
|
383
Benchmark Electronics
BHE
$2.66B
| $27.6M | 0.03% |
1,333,061
-83,827
| -6% | -$1.77M |
|
|
PFPT
384
DELISTED
Proofpoint, Inc.
PFPT
| $27.4M | 0.03% |
422,129
+46,580
| +12% | +$3.12M |
|
385
Viavi Solutions
VIAV
$7.95B
| $27.2M | 0.03% |
4,467,701
+147,007
| +3% | +$891K |
|
386
Q2 Holdings
QTWO
$3.78B
| $27.1M | 0.03% |
1,028,017
+157,709
| +18% | +$4.15M |
|
|
CIE
387
DELISTED
Cobalt International Energy, Inc
CIE
| $27M | 0.03% |
333,687
-39,746
| -11% | -$4.38M |
|
|
GPOR
388
DELISTED
Gulfport Energy Corp.
GPOR
| $27M | 0.03% |
1,098,600
-245,918
| -18% | -$6.92M |
|
|
ANAC
389
DELISTED
ANACOR PHARMACEUTICALS INC COM
ANAC
| $26.9M | 0.03% |
238,488
+63,942
| +37% | +$7.04M |
|
|
DBVT
390
DBV Technologies
DBVT
$813M
| $26.2M | 0.03% |
72,178
+658
| +0.9% | +$230K |
|
|
INN
391
Summit Hotel Properties
INN
$766M
| $25.8M | 0.03% |
2,158,589
-171,361
| -7% | -$2.19M |
|
392
GameStop
GME
$9.8B
| $25.3M | 0.02% |
3,609,096
-3,170,104
| -47% | -$30.6M |
|
393
Eagle Bancorp
EGBN
$850M
| $25.1M | 0.02% |
497,437
+7,207
| +1% | +$361K |
|
|
NSA
394
DELISTED
National Storage Affiliates Trust
NSA
| $25M | 0.02% |
1,457,089
-156,625
| -10% | -$2.45M |
|
|
GNMK
395
DELISTED
GenMark Diagnostics, Inc
GNMK
| $24.4M | 0.02% |
3,144,434
+214,822
| +7% | +$1.65M |
|
396
Tempest Therapeutics
TPST
$14.3M
| $24.3M | 0.02% |
851
-286
| -25% | -$9.43M |
|
397
PUT
BioMarin Pharmaceuticals
BMRN
$11.9B
| $24.1M | 0.02% |
230,000
+80,000
| +53% | +$8.35M |
|
|
KDNY
398
DELISTED
Chinook Therapeutics, Inc. Common Stock
KDNY
| $24.1M | 0.02% |
171,068
+14,815
| +9% | +$2.01M |
|
399
Cheniere Energy
CQP
$30.5B
| $23.9M | 0.02% |
916,837
+163,255
| +22% | +$4.27M |
|
|
ETP
400
DELISTED
Energy Transfer Partners L.p.
ETP
| $23.9M | 0.02% |
707,725
+158,239
| +29% | +$6.21M |
|
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Jennison Associates's Q4 2015 Portfolio in Review
As of Q4 2015, Jennison Associates held 786 positions worth $102B, up 4.4% from $97.6B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Jennison Associates's Q4 2015 filing shows 65 new, 298 increased, 279 reduced and 131 closed positions. Its largest new stake was Alphabet (Google) Class A: 55,026,880 shares worth $2.14B. The largest sale was Alphabet (Google) Class C, an estimated $1.96B.
By sector, the portfolio is most concentrated in Healthcare at 19% of assets, down from 19% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q4 2015 buy was Alphabet (Google) Class A: 55,026,880 shares worth $2.14B.
- Jennison Associates added most to Microsoft in Q4 2015, an estimated $941M increase.
- Jennison Associates's biggest Q4 2015 reduction was Alphabet (Google) Class C, cutting an estimated $1.96B.
- Jennison Associates fully exited Chipotle Mexican Grill in Q4 2015, selling an estimated $765M.
- Jennison Associates's ten largest holdings make up 23% of its $102B portfolio in Q4 2015.
- Jennison Associates opened 65 new positions and closed 131 in Q4 2015.
- Jennison Associates's portfolio value rose 4.4% quarter-over-quarter to $102B.
Based on Jennison Associates's 13F filing for Q4 2015, filed 10 Feb 2016.