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 | |
|---|---|---|---|---|---|---|
451
IMAX
IMAX
$2.61B
| $17.4M | 0.02% |
516,657
-3,945
| -0.8% | -$131K |
|
|
VSLR
452
DELISTED
VIVINT SOLAR, INC.
VSLR
| $17.2M | 0.02% |
1,415,607
-238,752
| -14% | -$2.26M |
|
|
ATVI
453
DELISTED
Activision Blizzard
ATVI
| $16.9M | 0.02% |
745,739
-7,732,106
| -91% | -$169M |
|
454
Varonis Systems
VRNS
$4.58B
| $16.9M | 0.02% |
+1,975,209
| New | +$21M |
|
455
CALL
Cigna
CI
$74.8B
| $16.8M | 0.02% |
+130,000
| New | +$15.1M |
|
456
Eagle Bancorp
EGBN
$837M
| $16.7M | 0.02% |
435,056
+90,331
| +26% | +$3.22M |
|
|
CIR
457
DELISTED
CIRCOR International, Inc
CIR
| $16.7M | 0.02% |
304,407
-300,513
| -50% | -$16M |
|
|
TAHO
458
DELISTED
Tahoe Resources Inc
TAHO
| $16.3M | 0.02% |
1,490,510
+7,042
| +0.5% | +$93.6K |
|
|
ORBC
459
DELISTED
ORBCOMM, Inc.
ORBC
| $16.2M | 0.01% |
2,714,156
+139,792
| +5% | +$816K |
|
|
INXN
460
DELISTED
Interxion Holding N.V.
INXN
| $15.8M | 0.01% |
561,402
-7,960
| -1% | -$233K |
|
|
PKY
461
DELISTED
Parkway, Inc.
PKY
| $15.8M | 0.01% |
909,372
-79,825
| -8% | -$1.42M |
|
462
Kinross Gold
KGC
$27.3B
| $15.5M | 0.01% |
6,922,961
+414,353
| +6% | +$1.21M |
|
|
MKTO
463
DELISTED
MARKETO INC COM STK (DE)
MKTO
| $15.5M | 0.01% |
603,240
+103,821
| +21% | +$3.1M |
|
|
KIN
464
DELISTED
Kindred Biosciences, Inc.
KIN
| $15.3M | 0.01% |
2,147,182
+4,716
| +0.2% | +$32.5K |
|
465
Baidu
BIDU
$37.3B
| $15.1M | 0.01% |
72,294
-64,507
| -47% | -$13.8M |
|
|
BLCM
466
DELISTED
Bellicum Pharmaceuticals, Inc.
BLCM
| $15M | 0.01% |
65,643
-9,468
| -13% | -$2.29M |
|
467
PUT
BioMarin Pharmaceuticals
BMRN
$11.5B
| $15M | 0.01% |
+120,000
| New | +$12.7M |
|
468
Agios Pharmaceuticals
AGIO
$1.91B
| $14.8M | 0.01% |
156,677
+400
| +0.3% | +$44.8K |
|
|
DBVT
469
DBV Technologies
DBVT
$801M
| $14.7M | 0.01% |
62,871
+25,614
| +69% | +$6.07M |
|
|
CELG
470
PUT
DELISTED
Celgene Corp
CELG
| $14.6M | 0.01% |
+126,900
| New | +$15.2M |
|
|
DCOY
471
Decoy Therapeutics
DCOY
$2.14M
| $14.6M | 0.01% |
+1
| New | +$15.5M |
|
|
TSRO
472
DELISTED
TESARO, Inc.
TSRO
| $14.4M | 0.01% |
+250,247
| New | +$11.8M |
|
|
STKL
473
DELISTED
SunOpta
STKL
| $14.3M | 0.01% |
+1,349,459
| New | +$14.8M |
|
474
Paycom
PAYC
$7.54B
| $14.2M | 0.01% |
+442,941
| New | +$13.1M |
|
|
BECN
475
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $14M | 0.01% |
+446,022
| New | +$12.2M |
|
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.