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 |
Broadcom
AVGO
|
+$781M |
| 2 |
Nike
NKE
|
+$773M |
| 3 |
ATVI
Activision Blizzard
ATVI
|
+$536M |
| 4 |
Texas Instruments
TXN
|
+$493M |
| 5 |
AGN
Allergan plc
AGN
|
+$379M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Starbucks
SBUX
|
+$1.07B |
| 2 |
Qualcomm
QCOM
|
+$673M |
| 3 |
TJX Companies
TJX
|
+$603M |
| 4 |
NVIDIA
NVDA
|
+$431M |
| 5 |
Regeneron Pharmaceuticals
REGN
|
+$429M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.31% |
| 2 | Consumer Discretionary | 17.37% |
| 3 | Healthcare | 13.5% |
| 4 | Communication Services | 13.08% |
| 5 | Financials | 10.43% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PRTY
401
DELISTED
Party City Holdco Inc.
PRTY
| $24.1M | 0.03% |
1,717,565
-163,535
| -9% | -$2.35M |
|
402
Alkermes
ALKS
$8.79B
| $24.1M | 0.03% |
+411,974
| New | +$23.4M |
|
|
MRO
403
DELISTED
Marathon Oil Corporation
MRO
| $24.1M | 0.03% |
1,523,699
-94,758
| -6% | -$1.55M |
|
|
ANDV
404
DELISTED
Andeavor
ANDV
| $24M | 0.03% |
296,625
+285,501
| +2,567% | +$23.9M |
|
|
CLVS
405
DELISTED
Clovis Oncology, Inc.
CLVS
| $23.4M | 0.03% |
367,500
-82,747
| -18% | -$5.03M |
|
406
Molson Coors Class B
TAP
$7.71B
| $23.4M | 0.03% |
244,274
-77,023
| -24% | -$7.52M |
|
407
MaxLinear
MXL
$5.88B
| $23.1M | 0.02% |
822,567
-166,609
| -17% | -$4.27M |
|
|
PDCE
408
DELISTED
PDC Energy, Inc.
PDCE
| $22.9M | 0.02% |
366,544
-450,287
| -55% | -$31.6M |
|
409
Prothena Corp
PRTA
$455M
| $22.9M | 0.02% |
409,582
| – | – |
|
410
CALL
AstraZeneca
AZN
$263B
| $21.8M | 0.02% |
+350,000
| New | +$20.4M |
|
|
DGI
411
DELISTED
DigitalGlobe Inc.
DGI
| $21.6M | 0.02% |
660,418
-844,429
| -56% | -$25.8M |
|
412
Renasant Corp
RNST
$4B
| $21.5M | 0.02% |
540,582
-23,405
| -4% | -$946K |
|
|
TEP
413
DELISTED
Tallgrass Energy Partners, LP
TEP
| $21.4M | 0.02% |
401,692
+46,827
| +13% | +$2.4M |
|
|
NBLX
414
DELISTED
Noble Midstream Partners LP
NBLX
| $21.3M | 0.02% |
408,454
+8,278
| +2% | +$380K |
|
|
NEE.PRR
415
DELISTED
NextEra Energy, Inc.
NEE.PRR
| $21.1M | 0.02% |
413,934
-133,765
| -24% | -$6.75M |
|
416
Chemours
CC
$2.55B
| $20.9M | 0.02% |
542,745
+113,703
| +27% | +$3.42M |
|
417
Natera
NTRA
$37B
| $20.7M | 0.02% |
2,332,873
+1,333,050
| +133% | +$12.7M |
|
|
CALD
418
DELISTED
Callidus Software, Inc.
CALD
| $20.7M | 0.02% |
968,023
-129,875
| -12% | -$2.49M |
|
419
Insmed
INSM
$22.7B
| $20.4M | 0.02% |
1,167,439
| – | – |
|
420
Mueller Water Products
MWA
$3.94B
| $19.7M | 0.02% |
1,663,705
-197,668
| -11% | -$2.51M |
|
421
Shutterstock
SSTK
$216M
| $19.6M | 0.02% |
+472,925
| New | +$22.5M |
|
|
INFN
422
DELISTED
Infinera Corporation Common Stock
INFN
| $19.3M | 0.02% |
1,883,149
+1,845,704
| +4,929% | +$18.5M |
|
423
Celanese
CE
$4.87B
| $19.1M | 0.02% |
213,080
-37,761
| -15% | -$3.3M |
|
|
RMP
424
DELISTED
Rice Midstream Partners LP
RMP
| $19.1M | 0.02% |
757,628
+105,618
| +16% | +$2.59M |
|
|
DBVT
425
DBV Technologies
DBVT
$823M
| $18.9M | 0.02% |
53,773
+358
| +0.7% | +$126K |
|
Similar funds
Jennison Associates's Q1 2017 Portfolio in Review
As of Q1 2017, Jennison Associates held 861 positions worth $93.2B, up 4.1% from $89.6B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Jennison Associates withdrew a net $4.47B in Q1 2017, closing 224 positions and reducing 376 holdings. Its most notable exit was Mobileye N.V., an estimated $165M position sold in full.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 19% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, Jennison Associates opened a new position in Snap worth $119M.
- Jennison Associates's largest Q1 2017 buy was Snap: 5,289,727 shares worth $119M.
- Jennison Associates added most to Broadcom in Q1 2017, an estimated $781M increase.
- Jennison Associates's biggest Q1 2017 reduction was Starbucks, cutting an estimated $1.07B.
- Jennison Associates fully exited Mobileye N.V. in Q1 2017, selling an estimated $165M.
- Jennison Associates's ten largest holdings make up 26% of its $93.2B portfolio in Q1 2017.
- Jennison Associates opened 55 new positions and closed 224 in Q1 2017.
- Jennison Associates's portfolio value rose 4.1% quarter-over-quarter to $93.2B.
Based on Jennison Associates's 13F filing for Q1 2017, filed 28 Apr 2017.