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 | |
|---|---|---|---|---|---|---|
426
Heartland Express
HTLD
$1.01B
| $20M | 0.02% |
1,176,959
+8,042
| +0.7% | +$154K |
|
|
GLDD
427
DELISTED
Great Lakes Dredge & Dock
GLDD
| $19.8M | 0.02% |
5,010,933
-367,215
| -7% | -$1.63M |
|
|
BLOX
428
DELISTED
Infoblox Inc
BLOX
| $19.8M | 0.02% |
1,077,194
+338,184
| +46% | +$5.73M |
|
429
CALL
Travere Therapeutics
TVTX
$5.17B
| $19.3M | 0.02% |
1,000,000
| – | – |
|
|
CMO
430
DELISTED
Capstead Mortgage Corp.
CMO
| $19.2M | 0.02% |
2,196,910
-115,497
| -5% | -$1.11M |
|
431
Plains GP Holdings
PAGP
$5.28B
| $18.9M | 0.02% |
751,409
+115,184
| +18% | +$4.03M |
|
|
ROIC
432
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $18.6M | 0.02% |
1,041,442
+39,968
| +4% | +$712K |
|
433
Varonis Systems
VRNS
$4.67B
| $17.7M | 0.02% |
2,819,379
-9,525
| -0.3% | -$53.2K |
|
|
VISN
434
Vistance Networks Inc
VISN
$2.61B
| $17.6M | 0.02% |
681,481
+101,215
| +17% | +$2.91M |
|
|
TAHO
435
DELISTED
Tahoe Resources Inc
TAHO
| $17.6M | 0.02% |
2,035,230
-311,742
| -13% | -$2.71M |
|
|
MPSX
436
DELISTED
Multi Packaging Solutions Intl.
MPSX
| $17.5M | 0.02% |
+1,009,921
| New | +$17.2M |
|
437
HCA Healthcare
HCA
$88.4B
| $17.4M | 0.02% |
256,579
-816,738
| -76% | -$57M |
|
438
Wheaton Precious Metals
WPM
$49.7B
| $17.3M | 0.02% |
1,390,914
-202,798
| -13% | -$2.68M |
|
439
Bloomin' Brands
BLMN
$754M
| $17.1M | 0.02% |
1,010,265
-29,997
| -3% | -$521K |
|
|
RDC
440
DELISTED
Rowan Companies Plc
RDC
| $17M | 0.02% |
1,001,984
-138,823
| -12% | -$2.66M |
|
|
PKY
441
DELISTED
Parkway, Inc.
PKY
| $16.8M | 0.02% |
1,077,738
+170,579
| +19% | +$2.8M |
|
|
WPX
442
DELISTED
WPX Energy, Inc.
WPX
| $16.8M | 0.02% |
+2,919,644
| New | +$21.7M |
|
|
PRTY
443
DELISTED
Party City Holdco Inc.
PRTY
| $16.6M | 0.02% |
1,283,881
+391,948
| +44% | +$5.64M |
|
|
INXN
444
DELISTED
Interxion Holding N.V.
INXN
| $16.4M | 0.02% |
544,884
+130,408
| +31% | +$3.83M |
|
445
IMAX
IMAX
$2.67B
| $16M | 0.02% |
450,063
-17,351
| -4% | -$651K |
|
|
B
446
DELISTED
Barnes Group Inc.
B
| $15.8M | 0.02% |
445,634
+47,827
| +12% | +$1.79M |
|
447
Assembly Biosciences
ASMB
$498M
| $15.2M | 0.01% |
168,823
+541
| +0.3% | +$58.9K |
|
448
BHP
BHP
$211B
| $15.1M | 0.01% |
658,047
-795,588
| -55% | -$21.3M |
|
449
Renasant Corp
RNST
$4.01B
| $15.1M | 0.01% |
439,455
+145,999
| +50% | +$5.15M |
|
|
SAGE
450
DELISTED
Sage Therapeutics
SAGE
| $14.9M | 0.01% |
+255,145
| New | +$12.6M |
|
Similar funds
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.