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 |
TWX
Time Warner Inc
TWX
|
+$567M |
| 2 |
Kroger
KR
|
+$566M |
| 3 |
AGN
Allergan plc
AGN
|
+$491M |
| 4 |
NXP Semiconductors
NXPI
|
+$366M |
| 5 |
Sherwin-Williams
SHW
|
+$274M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PCP
PRECISION CASTPARTS CORP
PCP
|
+$880M |
| 2 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$731M |
| 3 |
CELG
Celgene Corp
CELG
|
+$395M |
| 4 |
AGN
Allergan Inc
AGN
|
+$320M |
| 5 |
TIF
Tiffany & Co.
TIF
|
+$309M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 20.03% |
| 2 | Consumer Discretionary | 14.7% |
| 3 | Technology | 12.89% |
| 4 | Communication Services | 12.45% |
| 5 | Financials | 8.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
426
Insmed
INSM
$22B
| $24.2M | 0.02% |
1,163,556
+400,953
| +53% | +$7.06M |
|
|
EPRS
427
DELISTED
EPIRUS BIOPHARMACEUTICALS INC COM
EPRS
| $23.4M | 0.02% |
+2,614,994
| New | +$21M |
|
|
FPO
428
DELISTED
First Potomac Realty Trust
FPO
| $23.4M | 0.02% |
1,966,571
-580,598
| -23% | -$7.14M |
|
429
Prothena Corp
PRTA
$440M
| $22M | 0.02% |
576,292
-124,462
| -18% | -$3.19M |
|
430
PTC
PTC
$15.7B
| $21.8M | 0.02% |
+603,843
| New | +$20.8M |
|
|
RDC
431
DELISTED
Rowan Companies Plc
RDC
| $21.6M | 0.02% |
1,218,022
+20,054
| +2% | +$428K |
|
|
HMHC
432
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $21.5M | 0.02% |
915,104
-46,306
| -5% | -$953K |
|
433
ProQR Therapeutics
PRQR
$251M
| $21.1M | 0.02% |
963,465
+393,507
| +69% | +$8.12M |
|
434
United Natural Foods
UNFI
$3.01B
| $20.8M | 0.02% |
270,205
-1,486
| -0.5% | -$116K |
|
|
AGTC
435
DELISTED
Applied Genetic Technologies Corporation
AGTC
| $20.7M | 0.02% |
1,035,222
-44,995
| -4% | -$1.01M |
|
|
CYT
436
DELISTED
CYTEC INDS INC
CYT
| $20.6M | 0.02% |
381,405
+9,210
| +2% | +$459K |
|
|
CMRX
437
DELISTED
Chimerix, Inc.
CMRX
| $20.1M | 0.02% |
534,071
+3,077
| +0.6% | +$122K |
|
438
Kosmos Energy
KOS
$1.52B
| $19.9M | 0.02% |
2,520,690
+13,585
| +0.5% | +$114K |
|
439
Cheniere Energy
CQP
$31.5B
| $19.9M | 0.02% |
664,833
+582,101
| +704% | +$17.9M |
|
|
CNXM
440
DELISTED
CNX Midstream Partners LP
CNXM
| $19.4M | 0.02% |
1,111,504
-166,669
| -13% | -$3.49M |
|
|
ISBC
441
DELISTED
Investors Bancorp, Inc.
ISBC
| $19.3M | 0.02% |
1,645,289
-41,364
| -2% | -$469K |
|
442
Chord Energy
CHRD
$7.78B
| $19M | 0.02% |
1,335,112
+21,878
| +2% | +$321K |
|
443
PUT
Biogen
BIIB
$30.7B
| $18.9M | 0.02% |
+44,800
| New | +$17.7M |
|
444
Marcus & Millichap
MMI
$1.18B
| $18.4M | 0.02% |
489,798
+8,297
| +2% | +$296K |
|
445
lululemon athletica
LULU
$13.6B
| $18.3M | 0.02% |
286,583
-277,510
| -49% | -$17.8M |
|
|
ICD
446
DELISTED
Independence Contract Drilling, Inc.
ICD
| $18.3M | 0.02% |
131,184
+810
| +0.6% | +$89.8K |
|
|
CIM
447
Chimera Investment
CIM
$1.06B
| $18.1M | 0.02% |
384,748
-7,170
| -2% | -$343K |
|
448
CALL
Humana
HUM
$44B
| $17.8M | 0.02% |
+100,000
| New | +$15.8M |
|
449
CALL
Centene
CNC
$30.1B
| $17.7M | 0.02% |
+500,000
| New | +$15M |
|
|
TUES
450
DELISTED
Tuesday Morning Corp
TUES
| $17.6M | 0.02% |
1,094,471
+303,719
| +38% | +$5.73M |
|
Similar funds
Jennison Associates's Q1 2015 Portfolio in Review
As of Q1 2015, Jennison Associates held 801 positions worth $109B, up 2.1% from $107B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Jennison Associates's Q1 2015 filing shows 86 new, 297 increased, 319 reduced and 92 closed positions. Its largest new stake was NXP Semiconductors: 4,151,977 shares worth $417M. The largest sale was PRECISION CASTPARTS CORP, an estimated $880M.
By sector, the portfolio is most concentrated in Healthcare at 20% of assets, up from 19% a quarter earlier, followed by Consumer Discretionary and Technology.
- Jennison Associates's largest Q1 2015 buy was NXP Semiconductors: 4,151,977 shares worth $417M.
- Jennison Associates added most to Time Warner Inc in Q1 2015, an estimated $567M increase.
- Jennison Associates's biggest Q1 2015 reduction was Twenty-First Century Fox, Inc. Class A, cutting an estimated $731M.
- Jennison Associates fully exited PRECISION CASTPARTS CORP in Q1 2015, selling an estimated $880M.
- Jennison Associates's ten largest holdings make up 21% of its $109B portfolio in Q1 2015.
- Jennison Associates opened 86 new positions and closed 92 in Q1 2015.
- Jennison Associates's portfolio value rose 2.1% quarter-over-quarter to $109B.
Based on Jennison Associates's 13F filing for Q1 2015, filed 4 May 2015.