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 | |
|---|---|---|---|---|---|---|
|
CIM
451
Chimera Investment
CIM
$1.06B
| $14.8M | 0.01% |
361,553
-56,986
| -14% | -$2.39M |
|
452
Dorman Products
DORM
$4.22B
| $14.8M | 0.01% |
311,400
-608
| -0.2% | -$29.6K |
|
|
MPG
453
DELISTED
Metaldyne Performance Group Inc.
MPG
| $14.6M | 0.01% |
795,183
+235,410
| +42% | +$4.88M |
|
454
B2Gold
BTG
$4.98B
| $14.5M | 0.01% |
14,308,944
-2,791,224
| -16% | -$3.17M |
|
|
EPZM
455
DELISTED
Epizyme, Inc
EPZM
| $14.3M | 0.01% |
893,913
+640,245
| +252% | +$9.49M |
|
|
ACOR
456
DELISTED
Acorda Therapeutics
ACOR
| $14.2M | 0.01% |
+2,766
| New | +$12.1M |
|
457
Seres Therapeutics
MCRB
$45M
| $14M | 0.01% |
19,948
+363
| +2% | +$239K |
|
458
Match Group
MTCH
$9.19B
| $14M | 0.01% |
+1,029,811
| New | +$14.4M |
|
459
BioCryst Pharmaceuticals
BCRX
$2.42B
| $13.9M | 0.01% |
1,348,563
+24,014
| +2% | +$239K |
|
|
AGTC
460
DELISTED
Applied Genetic Technologies Corporation
AGTC
| $13.8M | 0.01% |
677,610
+3,248
| +0.5% | +$50.1K |
|
|
FEIC
461
DELISTED
FEI COMPANY
FEIC
| $13.7M | 0.01% |
171,641
-5,430
| -3% | -$419K |
|
|
WLL
462
DELISTED
Whiting Petroleum Corporation
WLL
| $13.6M | 0.01% |
4,809
-581
| -11% | -$2.76M |
|
463
Provident Financial Services
PFS
$3.14B
| $13.6M | 0.01% |
674,410
-617,792
| -48% | -$12.6M |
|
464
HDFC Bank
HDB
$123B
| $13.6M | 0.01% |
882,296
+869,136
| +6,604% | +$13.1M |
|
465
CNX Resources
CNX
$4.91B
| $13.6M | 0.01% |
2,063,522
-304,601
| -13% | -$2.15M |
|
|
ESRX
466
CALL
DELISTED
Express Scripts Holding Company
ESRX
| $13.1M | 0.01% |
150,000
| – | – |
|
467
PUT
Biogen
BIIB
$30.9B
| $12.9M | 0.01% |
+42,100
| New | +$12.1M |
|
|
FCSC
468
DELISTED
Fibrocell Science Inc.
FCSC
| $12.8M | 0.01% |
187,802
+605
| +0.3% | +$43.5K |
|
|
FENX
469
DELISTED
Fenix Parts, Inc.
FENX
| $12.7M | 0.01% |
1,873,498
+117,930
| +7% | +$813K |
|
|
ICD
470
DELISTED
Independence Contract Drilling, Inc.
ICD
| $12.6M | 0.01% |
124,903
-9,860
| -7% | -$1.25M |
|
471
Marcus & Millichap
MMI
$1.2B
| $12.5M | 0.01% |
429,739
+53,655
| +14% | +$2M |
|
|
TEP
472
DELISTED
Tallgrass Energy Partners, LP
TEP
| $12.5M | 0.01% |
303,655
+130,606
| +75% | +$5.5M |
|
|
BPL
473
DELISTED
Buckeye Partners, L.P.
BPL
| $12.5M | 0.01% |
188,813
+70,971
| +60% | +$4.65M |
|
474
Natera
NTRA
$36.4B
| $11.9M | 0.01% |
1,100,862
-42,670
| -4% | -$406K |
|
475
Kosmos Energy
KOS
$1.47B
| $11.4M | 0.01% |
2,201,019
-415,212
| -16% | -$2.75M |
|
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.