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 | |
|---|---|---|---|---|---|---|
|
GLDD
451
DELISTED
Great Lakes Dredge & Dock
GLDD
| $15.7M | 0.02% |
3,937,216
-154,707
| -4% | -$710K |
|
|
KATE
452
DELISTED
Kate Spade & Company
KATE
| $15.5M | 0.02% |
668,825
-2,997,019
| -82% | -$62.7M |
|
|
NUVA
453
DELISTED
NuVasive, Inc.
NUVA
| $15.5M | 0.02% |
207,784
-36,513
| -15% | -$2.65M |
|
454
BioCryst Pharmaceuticals
BCRX
$2.43B
| $15.5M | 0.02% |
1,844,636
+489,536
| +36% | +$3.41M |
|
|
PSDO
455
DELISTED
Presidio, Inc. Common Stock
PSDO
| $15.4M | 0.02% |
+991,759
| New | +$14.5M |
|
|
KA
456
DELISTED
Kineta, Inc. Common Stock
KA
| $15.3M | 0.02% |
13,963
-1,292
| -8% | -$2.39M |
|
|
MB
457
DELISTED
MINDBODY, Inc. Class A Common Stock
MB
| $15.3M | 0.02% |
556,266
-61,642
| -10% | -$1.59M |
|
458
Eldorado Gold
EGO
$8.48B
| $15.1M | 0.02% |
886,406
-62,022
| -7% | -$1.04M |
|
|
BWP
459
DELISTED
Boardwalk Pipeline Partners
BWP
| $15.1M | 0.02% |
825,241
+26,642
| +3% | +$485K |
|
460
Terex
TEX
$7.89B
| $15.1M | 0.02% |
480,374
+292,359
| +155% | +$9.18M |
|
|
WFT
461
DELISTED
Weatherford International plc
WFT
| $14.8M | 0.02% |
+2,219,704
| New | +$13M |
|
462
Monolithic Power Systems
MPWR
$65.8B
| $14.6M | 0.02% |
158,842
-30,767
| -16% | -$2.73M |
|
|
BAS
463
DELISTED
Basis Energy Services, Inc.
BAS
| $14.4M | 0.02% |
+432,330
| New | +$16.3M |
|
|
AVXS
464
DELISTED
AveXis, Inc. Common Stock
AVXS
| $14M | 0.02% |
183,786
| – | – |
|
|
NSU
465
DELISTED
Nevsun Resources Ltd.
NSU
| $14M | 0.02% |
5,437,404
+1,845,017
| +51% | +$5.34M |
|
|
TVTY
466
DELISTED
Tivity Health, Inc. Common Stock
TVTY
| $13.8M | 0.01% |
473,588
+422,361
| +824% | +$11.1M |
|
467
Commault Systems
CVLT
$6.19B
| $13.8M | 0.01% |
270,687
-37,436
| -12% | -$1.91M |
|
|
NS
468
DELISTED
NuStar Energy L.P.
NS
| $13.7M | 0.01% |
263,763
+37,893
| +17% | +$1.99M |
|
469
Freeport-McMoran
FCX
$90.2B
| $13.2M | 0.01% |
990,381
-107,104
| -10% | -$1.54M |
|
|
MULE
470
DELISTED
MuleSoft, Inc.
MULE
| $13.2M | 0.01% |
+542,100
| New | +$12.7M |
|
|
DM
471
DELISTED
Dominion Energy Midstream Ptr LP
DM
| $13M | 0.01% |
407,074
| – | – |
|
|
ABMD
472
DELISTED
Abiomed Inc
ABMD
| $12.9M | 0.01% |
+103,349
| New | +$12M |
|
473
ProQR Therapeutics
PRQR
$244M
| $12.9M | 0.01% |
2,585,047
| – | – |
|
|
CIM
474
Chimera Investment
CIM
$1.05B
| $12.7M | 0.01% |
209,130
-158,401
| -43% | -$8.83M |
|
|
INVX
475
Innovex International
INVX
$1.85B
| $12.5M | 0.01% |
228,824
-204,504
| -47% | -$12.2M |
|
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.