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 |
PNC Financial Services
PNC
|
+$630M |
| 2 |
Nike
NKE
|
+$627M |
| 3 |
XYZ
Block Inc
XYZ
|
+$306M |
| 4 |
ALXN
Alexion Pharmaceuticals
ALXN
|
+$295M |
| 5 |
FedEx
FDX
|
+$248M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.2B |
| 2 |
Meta Platforms (Facebook)
META
|
+$669M |
| 3 |
AbbVie
ABBV
|
+$567M |
| 4 |
Corning
GLW
|
+$343M |
| 5 |
McDonald's
MCD
|
+$342M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.83% |
| 2 | Consumer Discretionary | 16.55% |
| 3 | Financials | 13.82% |
| 4 | Healthcare | 12.55% |
| 5 | Communication Services | 11.59% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
476
Kinross Gold
KGC
$28.3B
| $6.67M | 0.01% |
1,688,214
-461,705
| -21% | -$1.84M |
|
|
ICD
477
DELISTED
Independence Contract Drilling, Inc.
ICD
| $6.65M | 0.01% |
87,963
-16,066
| -15% | -$1.41M |
|
|
LBC
478
DELISTED
Luther Burbank Corporation Common Stock
LBC
| $6.56M | 0.01% |
546,146
+52,367
| +11% | +$664K |
|
|
ENLC
479
DELISTED
ENLINK MIDSTREAM, LLC
ENLC
| $6.48M | 0.01% |
442,311
+1,038
| +0.2% | +$17.5K |
|
480
Littelfuse
LFUS
$11.8B
| $6.44M | 0.01% |
30,931
-653
| -2% | -$137K |
|
|
EIGR
481
DELISTED
Eiger BioPharmaceuticals, Inc.
EIGR
| $6.4M | 0.01% |
21,671
+1,528
| +8% | +$451K |
|
482
USA Compression Partners
USAC
$3.78B
| $6.28M | 0.01% |
371,187
-1,892
| -0.5% | -$33.6K |
|
|
ENLK
483
DELISTED
EnLink Midstream Partners, LP
ENLK
| $5.99M | 0.01% |
438,530
+1,064
| +0.2% | +$16.9K |
|
484
Quanterix
QTRX
$173M
| $5.89M | 0.01% |
345,661
+49,761
| +17% | +$997K |
|
485
Commault Systems
CVLT
$5.44B
| $5.86M | 0.01% |
102,517
-109,432
| -52% | -$5.9M |
|
|
AMR
486
DELISTED
Alta Mesa Resources Inc
AMR
| $5.54M | 0.01% |
+692,011
| New | +$5.65M |
|
487
Kosmos Energy
KOS
$1.42B
| $5.26M | 0.01% |
835,567
-254,111
| -23% | -$1.59M |
|
488
PUT
Incyte
INCY
$24.4B
| $5.22M | 0.01% |
62,600
-5,400
| -8% | -$487K |
|
489
Inogen
INGN
$185M
| $5.13M | 0.01% |
+41,779
| New | +$5.1M |
|
490
Antero Midstream
AM
$10.4B
| $5.03M | 0.01% |
314,725
-333,064
| -51% | -$6.45M |
|
|
TEP
491
DELISTED
Tallgrass Energy Partners, LP
TEP
| $4.89M | ﹤0.01% |
129,132
-281,651
| -69% | -$11.7M |
|
492
Westlake Corp
WLK
$10.1B
| $4.6M | ﹤0.01% |
41,393
| – | – |
|
493
Ovid Therapeutics
OVID
$465M
| $4.6M | ﹤0.01% |
650,656
+72,651
| +13% | +$588K |
|
494
State Street SPDR S&P Metals & Mining ETF
XME
$4.13B
| $4.27M | ﹤0.01% |
125,431
-4,084
| -3% | -$150K |
|
|
MMP
495
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $4.16M | ﹤0.01% |
71,292
+172
| +0.2% | +$11.5K |
|
496
Accenture
ACN
$103B
| $3.9M | ﹤0.01% |
25,416
+23,454
| +1,195% | +$3.72M |
|
|
SBT
497
DELISTED
Sterling Bancorp, Inc. Common Stock
SBT
| $3.85M | ﹤0.01% |
284,969
| – | – |
|
498
Norfolk Southern
NSC
$76.3B
| $3.84M | ﹤0.01% |
28,286
-758
| -3% | -$109K |
|
499
Pampa Energía
PAM
$4.55B
| $3.65M | ﹤0.01% |
61,194
-29,840
| -33% | -$1.95M |
|
500
Gilead Sciences
GILD
$163B
| $3.11M | ﹤0.01% |
41,255
+33,219
| +413% | +$2.64M |
|
Similar funds
Jennison Associates's Q1 2018 Portfolio in Review
As of Q1 2018, Jennison Associates held 730 positions worth $101B, down 0.67% from $101B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Jennison Associates withdrew a net $4.02B in Q1 2018, closing 79 positions and reducing 339 holdings. Its most notable exit was Newell Brands, an estimated $95.7M position sold in full.
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.
Against the trend, Jennison Associates opened a new position in Emerson Electric worth $113M.
- Jennison Associates's largest Q1 2018 buy was Emerson Electric: 1,658,090 shares worth $113M.
- Jennison Associates added most to PNC Financial Services in Q1 2018, an estimated $630M increase.
- Jennison Associates's biggest Q1 2018 reduction was Apple, cutting an estimated $1.2B.
- Jennison Associates fully exited Newell Brands in Q1 2018, selling an estimated $95.7M.
- Jennison Associates's ten largest holdings make up 28% of its $101B portfolio in Q1 2018.
- Jennison Associates opened 81 new positions and closed 79 in Q1 2018.
- Jennison Associates's portfolio value fell 0.67% quarter-over-quarter to $101B.
Based on Jennison Associates's 13F filing for Q1 2018, filed 20 Apr 2018.