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 |
S&P Global
SPGI
|
+$677M |
| 2 |
AGN
Allergan plc
AGN
|
+$437M |
| 3 |
Qualcomm
QCOM
|
+$387M |
| 4 |
lululemon athletica
LULU
|
+$366M |
| 5 |
NVIDIA
NVDA
|
+$330M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Under Armour
UAA
|
+$1.03B |
| 2 |
Abbott
ABT
|
+$767M |
| 3 |
MHFI
MCGRAW-HILL FINANCIAL INC COM
MHFI
|
+$627M |
| 4 |
Meta Platforms (Facebook)
META
|
+$520M |
| 5 |
Nike
NKE
|
+$454M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 19.09% |
| 2 | Healthcare | 16.64% |
| 3 | Technology | 14.97% |
| 4 | Communication Services | 12.63% |
| 5 | Financials | 8.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
WPZ
451
DELISTED
Williams Partners L.P.
WPZ
| $12.7M | 0.01% |
+366,321
| New | +$10.8M |
|
452
Natera
NTRA
$37.5B
| $12.7M | 0.01% |
1,050,731
-732
| -0.1% | -$8.14K |
|
|
CALD
453
DELISTED
Callidus Software, Inc.
CALD
| $12.6M | 0.01% |
+629,094
| New | +$11.4M |
|
|
EQM
454
DELISTED
EQM Midstream Partners, LP
EQM
| $12.6M | 0.01% |
156,284
+12,002
| +8% | +$905K |
|
|
ALR
455
DELISTED
Alere Inc
ALR
| $12.4M | 0.01% |
298,071
-461,170
| -61% | -$20M |
|
|
RMP
456
DELISTED
Rice Midstream Partners LP
RMP
| $12.2M | 0.01% |
596,259
+113,591
| +24% | +$1.97M |
|
457
Turning Point Brands
TPB
$1.47B
| $12M | 0.01% |
+1,173,267
| New | +$11.6M |
|
|
BWP
458
DELISTED
Boardwalk Pipeline Partners
BWP
| $11.9M | 0.01% |
680,002
+30,356
| +5% | +$501K |
|
459
Insmed
INSM
$23.2B
| $11.8M | 0.01% |
1,195,455
+17,951
| +2% | +$209K |
|
|
ICD
460
DELISTED
Independence Contract Drilling, Inc.
ICD
| $11.7M | 0.01% |
108,071
-65
| -0.1% | -$5.89K |
|
|
ATHN
461
DELISTED
Athenahealth, Inc.
ATHN
| $11.6M | 0.01% |
83,826
+33,016
| +65% | +$4.37M |
|
462
Assembly Biosciences
ASMB
$506M
| $11.3M | 0.01% |
169,795
-164
| -0.1% | -$10.8K |
|
463
Liberty Global Class C
LBTYK
$3.27B
| $11.2M | 0.01% |
390,774
-569,333
| -59% | -$17.9M |
|
464
Brookfield Infrastructure Partners
BIP
$18.8B
| $10.3M | 0.01% |
570,997
-75,134
| -12% | -$1.27M |
|
465
CALL
Eli Lilly
LLY
$1.07T
| $10.2M | 0.01% |
+130,000
| New | +$9.79M |
|
|
KA
466
DELISTED
Kineta, Inc. Common Stock
KA
| $10.1M | 0.01% |
5,965
-7
| -0.1% | -$12.7K |
|
|
GNMX
467
DELISTED
Aevi Genomic Medicine Inc
GNMX
| $9.74M | 0.01% |
1,755,035
-6,009
| -0.3% | -$31.6K |
|
|
AGTC
468
DELISTED
Applied Genetic Technologies Corporation
AGTC
| $9.66M | 0.01% |
683,451
-989
| -0.1% | -$15.4K |
|
|
SLCA
469
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $9.57M | 0.01% |
+277,618
| New | +$7.69M |
|
470
Kosmos Energy
KOS
$1.56B
| $9.51M | 0.01% |
1,744,243
-136,834
| -7% | -$773K |
|
471
Marcus & Millichap
MMI
$1.15B
| $9.23M | 0.01% |
363,306
-25,592
| -7% | -$645K |
|
|
NS
472
DELISTED
NuStar Energy L.P.
NS
| $9.2M | 0.01% |
184,639
+72,184
| +64% | +$3.45M |
|
|
AEUA
473
DELISTED
Anadarko Petroleum Corporation
AEUA
| $8.87M | 0.01% |
242,018
+31,397
| +15% | +$1.17M |
|
474
Oneok
OKE
$58.7B
| $8.77M | 0.01% |
184,771
+18,791
| +11% | +$745K |
|
|
MPG
475
DELISTED
Metaldyne Performance Group Inc.
MPG
| $8.63M | 0.01% |
628,006
-241,678
| -28% | -$3.81M |
|
Similar funds
Jennison Associates's Q2 2016 Portfolio in Review
As of Q2 2016, Jennison Associates held 691 positions worth $91.1B, down 4.3% from $95.3B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Jennison Associates withdrew a net $4.67B in Q2 2016, closing 61 positions and reducing 333 holdings. Its most notable exit was MCGRAW-HILL FINANCIAL INC COM, an estimated $627M position sold in full.
By sector, the portfolio is most concentrated in Consumer Discretionary at 19% of assets, down from 20% a quarter earlier, followed by Healthcare and Technology.
Against the trend, Jennison Associates opened a new position in S&P Global worth $677M.
- Jennison Associates's largest Q2 2016 buy was S&P Global: 6,307,763 shares worth $677M.
- Jennison Associates added most to Allergan plc in Q2 2016, an estimated $437M increase.
- Jennison Associates's biggest Q2 2016 reduction was Under Armour, cutting an estimated $1.03B.
- Jennison Associates fully exited MCGRAW-HILL FINANCIAL INC COM in Q2 2016, selling an estimated $627M.
- Jennison Associates's ten largest holdings make up 23% of its $91.1B portfolio in Q2 2016.
- Jennison Associates opened 83 new positions and closed 61 in Q2 2016.
- Jennison Associates's portfolio value fell 4.3% quarter-over-quarter to $91.1B.
Based on Jennison Associates's 13F filing for Q2 2016, filed 3 Aug 2016.