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 | |
|---|---|---|---|---|---|---|
|
AGU
426
DELISTED
Agrium
AGU
| $18.9M | 0.02% |
198,547
-38,802
| -16% | -$3.91M |
|
|
BMS
427
DELISTED
Bemis
BMS
| $18M | 0.02% |
367,940
-410,975
| -53% | -$20.2M |
|
428
CNX Resources
CNX
$4.77B
| $18M | 0.02% |
1,285,302
-72,504
| -5% | -$1.02M |
|
|
INXN
429
DELISTED
Interxion Holding N.V.
INXN
| $18M | 0.02% |
453,941
-73,333
| -14% | -$2.81M |
|
|
ZEN
430
DELISTED
ZENDESK INC
ZEN
| $18M | 0.02% |
640,415
+27,317
| +4% | +$707K |
|
431
Enterprise Products Partners
EPD
$82.5B
| $17.9M | 0.02% |
649,058
+18,806
| +3% | +$525K |
|
432
Wheaton Precious Metals
WPM
$50.9B
| $17.9M | 0.02% |
859,416
-75,100
| -8% | -$1.56M |
|
|
ROIC
433
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $17.7M | 0.02% |
840,921
-147,235
| -15% | -$3.1M |
|
|
POT
434
DELISTED
Potash Corp Of Saskatchewan
POT
| $17.7M | 0.02% |
1,034,712
-54,914
| -5% | -$995K |
|
|
SAGE
435
PUT
DELISTED
Sage Therapeutics
SAGE
| $17.6M | 0.02% |
247,200
+127,200
| +106% | +$7.45M |
|
|
NXTM
436
DELISTED
NxStage Medical Inc.
NXTM
| $17.5M | 0.02% |
651,222
-676,951
| -51% | -$18.7M |
|
437
Prestige Consumer Healthcare
PBH
$2.39B
| $17.4M | 0.02% |
313,686
-42,677
| -12% | -$2.35M |
|
438
Seacoast Banking Corp of Florida
SBCF
$3.23B
| $17.3M | 0.02% |
+720,893
| New | +$16.5M |
|
439
Pilgrim's Pride
PPC
$6.94B
| $17.3M | 0.02% |
+767,195
| New | +$15.5M |
|
440
Cousins Properties
CUZ
$5.28B
| $17.2M | 0.02% |
521,226
+107,767
| +26% | +$3.62M |
|
|
EQM
441
DELISTED
EQM Midstream Partners, LP
EQM
| $16.9M | 0.02% |
220,305
+52,713
| +31% | +$4.12M |
|
442
Laureate Education
LAUR
$5.25B
| $16.9M | 0.02% |
+1,183,283
| New | +$15.7M |
|
|
NEWR
443
DELISTED
New Relic, Inc.
NEWR
| $16.7M | 0.02% |
+450,578
| New | +$15.8M |
|
444
Sarepta Therapeutics
SRPT
$1.68B
| $16.7M | 0.02% |
563,333
| – | – |
|
|
AM
445
DELISTED
ANTERO MIDSTREAM PARTNERS LP
AM
| $16.7M | 0.02% |
502,616
+147,082
| +41% | +$5.01M |
|
|
BPL
446
DELISTED
Buckeye Partners, L.P.
BPL
| $16.2M | 0.02% |
236,942
+18,262
| +8% | +$1.24M |
|
447
TG Therapeutics
TGTX
$8.53B
| $16M | 0.02% |
+1,376,293
| New | +$9.88M |
|
|
TIVO
448
DELISTED
Tivo Inc
TIVO
| $16M | 0.02% |
852,314
+43,661
| +5% | +$835K |
|
|
NSTG
449
DELISTED
NanoString Technologies, Inc.
NSTG
| $15.9M | 0.02% |
800,930
-57,024
| -7% | -$1.08M |
|
|
AEUA
450
DELISTED
Anadarko Petroleum Corporation
AEUA
| $15.8M | 0.02% |
362,150
+62,654
| +21% | +$2.72M |
|
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.