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 |
PNC Financial Services
PNC
|
+$630M |
| 2 |
Nike
NKE
|
+$627M |
| 3 |
XYZ
Block Inc
XYZ
|
+$306M |
| 4 |
ALXN
Alexion Pharmaceuticals
ALXN
|
+$295M |
| 5 |
FedEx
FDX
|
+$248M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.2B |
| 2 |
Meta Platforms (Facebook)
META
|
+$669M |
| 3 |
AbbVie
ABBV
|
+$567M |
| 4 |
Corning
GLW
|
+$343M |
| 5 |
McDonald's
MCD
|
+$342M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.83% |
| 2 | Consumer Discretionary | 16.55% |
| 3 | Financials | 13.82% |
| 4 | Healthcare | 12.55% |
| 5 | Communication Services | 11.59% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
376
Wingstop
WING
$3.53B
| $22.7M | 0.02% |
480,364
-96,810
| -17% | -$4.45M |
|
377
CoreCivic
CXW
$2.96B
| $22.7M | 0.02% |
1,160,583
-15,436
| -1% | -$334K |
|
378
Steel Dynamics
STLD
$36B
| $22.6M | 0.02% |
510,691
-235,016
| -32% | -$10.8M |
|
|
SRE.PRA
379
DELISTED
Sempra Energy 6% Mandatory Convertible Preferred Stock, Series A
SRE.PRA
| $22.6M | 0.02% |
+220,544
| New | +$22.2M |
|
380
Benchmark Electronics
BHE
$2.87B
| $22.5M | 0.02% |
754,592
+146,210
| +24% | +$4.39M |
|
|
GLDD
381
DELISTED
Great Lakes Dredge & Dock
GLDD
| $22.5M | 0.02% |
4,893,049
-47,993
| -1% | -$228K |
|
|
SYNH
382
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $22.4M | 0.02% |
631,220
-6,973
| -1% | -$273K |
|
383
Tenaris
TS
$28.9B
| $22.3M | 0.02% |
643,596
-232,262
| -27% | -$7.98M |
|
|
TSRO
384
DELISTED
TESARO, Inc.
TSRO
| $22.3M | 0.02% |
389,585
+50,666
| +15% | +$3.26M |
|
|
MB
385
DELISTED
MINDBODY, Inc. Class A Common Stock
MB
| $22M | 0.02% |
566,623
-12,648
| -2% | -$451K |
|
386
Live Nation Entertainment
LYV
$40.5B
| $21.7M | 0.02% |
515,650
-6,892
| -1% | -$306K |
|
387
Newmont
NEM
$98.7B
| $21.7M | 0.02% |
555,757
-205,812
| -27% | -$7.95M |
|
|
HMHC
388
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $21.7M | 0.02% |
3,118,040
+169,895
| +6% | +$1.34M |
|
389
Cousins Properties
CUZ
$5.19B
| $21.3M | 0.02% |
613,551
+95,136
| +18% | +$3.32M |
|
390
Enerpac Tool Group
EPAC
$1.83B
| $21.2M | 0.02% |
913,423
-339,867
| -27% | -$8.19M |
|
391
Q2 Holdings
QTWO
$3.8B
| $21.1M | 0.02% |
462,532
-158,624
| -26% | -$6.85M |
|
392
ProPetro Holding
PUMP
$1.36B
| $20.6M | 0.02% |
1,299,417
-1,625,671
| -56% | -$29.4M |
|
|
QTS
393
DELISTED
QTS REALTY TRUST, INC.
QTS
| $20.5M | 0.02% |
566,049
-880,929
| -61% | -$37.8M |
|
394
Shopify
SHOP
$152B
| $20.2M | 0.02% |
+1,624,670
| New | +$21M |
|
395
Valero Energy
VLO
$92.9B
| $19.4M | 0.02% |
208,790
-95,216
| -31% | -$8.89M |
|
396
Ovintiv
OVV
$17.3B
| $19.1M | 0.02% |
348,189
-46,169
| -12% | -$2.74M |
|
|
BPMC
397
DELISTED
Blueprint Medicines
BPMC
| $19.1M | 0.02% |
208,474
+28,389
| +16% | +$2.45M |
|
|
PXD
398
DELISTED
Pioneer Natural Resource Co.
PXD
| $19.1M | 0.02% |
110,942
-32,442
| -23% | -$5.72M |
|
|
X
399
DELISTED
US Steel
X
| $18.9M | 0.02% |
537,564
-449,058
| -46% | -$17.7M |
|
|
CXP
400
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $18.8M | 0.02% |
918,563
+183,759
| +25% | +$3.91M |
|
Similar funds
Jennison Associates's Q1 2018 Portfolio in Review
As of Q1 2018, Jennison Associates held 730 positions worth $101B, down 0.67% from $101B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Jennison Associates withdrew a net $4.02B in Q1 2018, closing 79 positions and reducing 339 holdings. Its most notable exit was Newell Brands, an estimated $95.7M position sold in full.
By sector, the portfolio is most concentrated in Technology at 21% of assets, down from 21% a quarter earlier, followed by Consumer Discretionary and Financials.
Against the trend, Jennison Associates opened a new position in Emerson Electric worth $113M.
- Jennison Associates's largest Q1 2018 buy was Emerson Electric: 1,658,090 shares worth $113M.
- Jennison Associates added most to PNC Financial Services in Q1 2018, an estimated $630M increase.
- Jennison Associates's biggest Q1 2018 reduction was Apple, cutting an estimated $1.2B.
- Jennison Associates fully exited Newell Brands in Q1 2018, selling an estimated $95.7M.
- Jennison Associates's ten largest holdings make up 28% of its $101B portfolio in Q1 2018.
- Jennison Associates opened 81 new positions and closed 79 in Q1 2018.
- Jennison Associates's portfolio value fell 0.67% quarter-over-quarter to $101B.
Based on Jennison Associates's 13F filing for Q1 2018, filed 20 Apr 2018.