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 |
McDonald's
MCD
|
+$770M |
| 2 |
Crown Castle
CCI
|
+$678M |
| 3 |
ATVI
Activision Blizzard
ATVI
|
+$557M |
| 4 |
Vertex Pharmaceuticals
VRTX
|
+$437M |
| 5 |
BioMarin Pharmaceuticals
BMRN
|
+$305M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Nike
NKE
|
+$1.22B |
| 2 |
ALXN
Alexion Pharmaceuticals
ALXN
|
+$1.04B |
| 3 |
Amazon
AMZN
|
+$661M |
| 4 |
SHPG
Shire pic
SHPG
|
+$478M |
| 5 |
TWX
Time Warner Inc
TWX
|
+$457M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 21.25% |
| 2 | Consumer Discretionary | 17.77% |
| 3 | Healthcare | 14.23% |
| 4 | Communication Services | 13.04% |
| 5 | Financials | 10.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SLCA
376
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $25M | 0.03% |
705,708
-404,901
| -36% | -$15.9M |
|
|
AMT.PRB
377
DELISTED
American Tower Corporation
AMT.PRB
| $24.9M | 0.03% |
205,684
-29,263
| -12% | -$3.45M |
|
|
ROIC
378
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $24.6M | 0.03% |
1,281,342
+440,421
| +52% | +$8.96M |
|
379
BHP
BHP
$242B
| $24.1M | 0.03% |
758,622
+13,005
| +2% | +$412K |
|
380
Renasant Corp
RNST
$3.76B
| $23.9M | 0.03% |
545,398
+4,816
| +0.9% | +$202K |
|
381
Seacoast Banking Corp of Florida
SBCF
$3.33B
| $23.8M | 0.03% |
988,008
+267,115
| +37% | +$6.36M |
|
|
CALD
382
DELISTED
Callidus Software, Inc.
CALD
| $23.6M | 0.03% |
976,924
+8,901
| +0.9% | +$193K |
|
383
Alkermes
ALKS
$7.95B
| $23.4M | 0.02% |
403,167
-8,807
| -2% | -$512K |
|
384
Q2 Holdings
QTWO
$4.06B
| $23.3M | 0.02% |
631,481
-736,606
| -54% | -$28M |
|
|
HMHC
385
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $23.3M | 0.02% |
1,896,412
+1,856,757
| +4,682% | +$22.7M |
|
386
Valero Energy
VLO
$101B
| $23.3M | 0.02% |
344,714
-27,512
| -7% | -$1.78M |
|
387
MaxLinear
MXL
$5.6B
| $23.2M | 0.02% |
830,154
+7,587
| +0.9% | +$221K |
|
|
ZOES
388
DELISTED
Zoe's Kitchen, Inc.
ZOES
| $23.1M | 0.02% |
1,937,283
-35,095
| -2% | -$562K |
|
389
Core Laboratories
CLB
$567M
| $23M | 0.02% |
227,522
-17,077
| -7% | -$1.84M |
|
|
JUNO
390
DELISTED
Juno Therapeutics, Inc.
JUNO
| $22.7M | 0.02% |
+759,086
| New | +$18.7M |
|
|
EQM
391
DELISTED
EQM Midstream Partners, LP
EQM
| $22.7M | 0.02% |
303,684
+83,379
| +38% | +$6.24M |
|
392
Laureate Education
LAUR
$5.34B
| $22.6M | 0.02% |
1,287,736
+104,453
| +9% | +$1.65M |
|
|
NEE.PRR
393
DELISTED
NextEra Energy, Inc.
NEE.PRR
| $22.5M | 0.02% |
416,230
+2,296
| +0.6% | +$121K |
|
|
EVHC
394
DELISTED
Envision Healthcare Holdings Inc
EVHC
| $22.5M | 0.02% |
358,488
-66,994
| -16% | -$3.86M |
|
395
Prothena Corp
PRTA
$479M
| $22.3M | 0.02% |
411,903
+2,321
| +0.6% | +$124K |
|
|
NEWR
396
DELISTED
New Relic, Inc.
NEWR
| $22.2M | 0.02% |
517,184
+66,606
| +15% | +$2.77M |
|
397
Range Resources
RRC
$9.69B
| $22.2M | 0.02% |
958,762
-73,476
| -7% | -$1.85M |
|
398
Viatris
VTRS
$18.8B
| $21.7M | 0.02% |
+559,908
| New | +$21.5M |
|
399
Prestige Consumer Healthcare
PBH
$2.49B
| $21.7M | 0.02% |
410,031
+96,345
| +31% | +$5.16M |
|
|
B
400
Barrick Mining
B
$75.1B
| $21.3M | 0.02% |
1,339,560
-425,347
| -24% | -$7.28M |
|
Similar funds
Jennison Associates's Q2 2017 Portfolio in Review
As of Q2 2017, Jennison Associates held 698 positions worth $94.3B, up 1.1% from $93.2B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Jennison Associates withdrew a net $3.11B in Q2 2017, closing 61 positions and reducing 332 holdings. Its most notable exit was NXP Semiconductors, an estimated $452M position sold in full.
By sector, the portfolio is most concentrated in Technology at 21% of assets, up from 21% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, Jennison Associates opened a new position in Newell Brands worth $125M.
- Jennison Associates's largest Q2 2017 buy was Newell Brands: 2,328,211 shares worth $125M.
- Jennison Associates added most to McDonald's in Q2 2017, an estimated $770M increase.
- Jennison Associates's biggest Q2 2017 reduction was Nike, cutting an estimated $1.22B.
- Jennison Associates fully exited NXP Semiconductors in Q2 2017, selling an estimated $452M.
- Jennison Associates's ten largest holdings make up 27% of its $94.3B portfolio in Q2 2017.
- Jennison Associates opened 62 new positions and closed 61 in Q2 2017.
- Jennison Associates's portfolio value rose 1.1% quarter-over-quarter to $94.3B.
Based on Jennison Associates's 13F filing for Q2 2017, filed 4 Aug 2017.