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 |
PayPal
PYPL
|
+$638M |
| 2 |
Home Depot
HD
|
+$562M |
| 3 |
Costco
COST
|
+$529M |
| 4 |
AbbVie
ABBV
|
+$493M |
| 5 |
Caterpillar
CAT
|
+$461M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$777M |
| 2 |
CELG
Celgene Corp
CELG
|
+$581M |
| 3 |
Booking.com
BKNG
|
+$579M |
| 4 |
Crown Castle
CCI
|
+$495M |
| 5 |
Regeneron Pharmaceuticals
REGN
|
+$455M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.86% |
| 2 | Consumer Discretionary | 15.64% |
| 3 | Financials | 12.8% |
| 4 | Healthcare | 12.56% |
| 5 | Communication Services | 11.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
476
CALL
Biogen
BIIB
$30.4B
| $7.96M | 0.01% |
+25,000
| New | +$8.02M |
|
477
Select Water Solutions
WTTR
$2.24B
| $7.79M | 0.01% |
427,099
-520
| -0.1% | -$8.34K |
|
|
ENLC
478
DELISTED
ENLINK MIDSTREAM, LLC
ENLC
| $7.77M | 0.01% |
441,273
+81,228
| +23% | +$1.33M |
|
479
Spyre Therapeutics
SYRE
$8.68B
| $7.54M | 0.01% |
55,738
+335
| +0.6% | +$41K |
|
480
Kosmos Energy
KOS
$1.39B
| $7.46M | 0.01% |
1,089,678
-150,350
| -12% | -$1.15M |
|
|
GNMK
481
DELISTED
GenMark Diagnostics, Inc
GNMK
| $7.16M | 0.01% |
1,715,764
-1,851,237
| -52% | -$11.1M |
|
|
ENLK
482
DELISTED
EnLink Midstream Partners, LP
ENLK
| $6.72M | 0.01% |
437,466
-67,151
| -13% | -$1.05M |
|
483
HealthEquity
HQY
$8.46B
| $6.54M | 0.01% |
+140,272
| New | +$6.95M |
|
484
PUT
Incyte
INCY
$26B
| $6.44M | 0.01% |
+68,000
| New | +$7.11M |
|
485
Quanterix
QTRX
$164M
| $6.35M | 0.01% |
+295,900
| New | +$5.78M |
|
486
Littelfuse
LFUS
$9.91B
| $6.25M | 0.01% |
31,584
-44,136
| -58% | -$8.85M |
|
487
USA Compression Partners
USAC
$3.75B
| $6.17M | 0.01% |
373,079
-13,704
| -4% | -$229K |
|
|
NS
488
DELISTED
NuStar Energy L.P.
NS
| $6.14M | 0.01% |
204,950
-57,615
| -22% | -$1.87M |
|
489
Pampa Energía
PAM
$4.56B
| $6.13M | 0.01% |
+91,034
| New | +$5.99M |
|
|
TCP
490
DELISTED
TC Pipelines LP
TCP
| $6.05M | 0.01% |
113,954
-168
| -0.1% | -$8.83K |
|
|
LBC
491
DELISTED
Luther Burbank Corporation Common Stock
LBC
| $5.95M | 0.01% |
+493,779
| New | +$5.95M |
|
492
Ovid Therapeutics
OVID
$440M
| $5.71M | 0.01% |
578,005
-89,461
| -13% | -$821K |
|
493
Sunrun
RUN
$2.3B
| $5.7M | 0.01% |
+966,704
| New | +$5.56M |
|
494
Enbridge
ENB
$121B
| $5.63M | 0.01% |
143,982
+44,326
| +44% | +$1.71M |
|
495
iRhythm Holdings
IRTC
$3.86B
| $5.4M | 0.01% |
96,416
+878
| +0.9% | +$45.9K |
|
|
MMP
496
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $5.04M | 0.01% |
+71,120
| New | +$4.85M |
|
497
Corvus Pharmaceuticals
CRVS
$1.12B
| $4.83M | ﹤0.01% |
466,724
-425,927
| -48% | -$5.45M |
|
498
iShares Russell 1000 Growth ETF
IWF
$119B
| $4.79M | ﹤0.01% |
142,264
+126,600
| +808% | +$4.15M |
|
499
State Street SPDR S&P Metals & Mining ETF
XME
$3.9B
| $4.71M | ﹤0.01% |
129,515
+668
| +0.5% | +$21.8K |
|
500
Hess Midstream
HESM
$5.13B
| $4.7M | ﹤0.01% |
237,173
-100
| -0% | -$2.06K |
|
Similar funds
Jennison Associates's Q4 2017 Portfolio in Review
As of Q4 2017, Jennison Associates held 724 positions worth $101B, up 3.7% from $97.6B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Jennison Associates's Q4 2017 filing shows 76 new, 253 increased, 308 reduced and 75 closed positions. Its largest new stake was Block Inc: 2,492,825 shares worth $86.4M. The largest sale was NVIDIA, an estimated $777M.
By sector, the portfolio is most concentrated in Technology at 21% of assets, down from 21% a quarter earlier, followed by Consumer Discretionary and Financials.
- Jennison Associates's largest Q4 2017 buy was Block Inc: 2,492,825 shares worth $86.4M.
- Jennison Associates added most to PayPal in Q4 2017, an estimated $638M increase.
- Jennison Associates's biggest Q4 2017 reduction was NVIDIA, cutting an estimated $777M.
- Jennison Associates fully exited Electronic Arts in Q4 2017, selling an estimated $113M.
- Jennison Associates's ten largest holdings make up 27% of its $101B portfolio in Q4 2017.
- Jennison Associates opened 76 new positions and closed 75 in Q4 2017.
- Jennison Associates's portfolio value rose 3.7% quarter-over-quarter to $101B.
Based on Jennison Associates's 13F filing for Q4 2017, filed 25 Jan 2018.