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 | |
|---|---|---|---|---|---|---|
|
EQM
501
DELISTED
EQM Midstream Partners, LP
EQM
| $7M | 0.01% |
92,797
+54,469
| +142% | +$3.87M |
|
|
CHS
502
DELISTED
Chicos FAS, Inc.
CHS
| $6.92M | 0.01% |
648,719
-114,894
| -15% | -$1.49M |
|
|
ETP
503
DELISTED
Energy Transfer Partners, L.P.
ETP
| $6.65M | 0.01% |
258,583
+128,543
| +99% | +$3.56M |
|
|
AEUA
504
DELISTED
Anadarko Petroleum Corporation
AEUA
| $6.48M | 0.01% |
190,882
+89,182
| +88% | +$3.3M |
|
|
DSCI
505
DELISTED
Derma Sciences, Inc. Common Stock (DE)
DSCI
| $6.43M | 0.01% |
1,407,506
+261,818
| +23% | +$1.24M |
|
506
Ocular Therapeutix
OCUL
$1.83B
| $6.38M | 0.01% |
680,877
-89,355
| -12% | -$965K |
|
507
iShares Russell 1000 Growth ETF
IWF
$117B
| $6.31M | 0.01% |
+253,760
| New | +$6.33M |
|
|
EEP
508
DELISTED
Enbridge Energy Partners
EEP
| $6.29M | 0.01% |
272,847
+93,319
| +52% | +$2.34M |
|
|
OKS
509
DELISTED
Oneok Partners LP
OKS
| $6.28M | 0.01% |
208,278
+67,079
| +48% | +$2.04M |
|
|
ADAP
510
DELISTED
Adaptimmune Therapeutics
ADAP
| $5.87M | 0.01% |
486,948
+1,547
| +0.3% | +$15.2K |
|
511
Wave Life Sciences
WVE
$1.12B
| $5.77M | 0.01% |
+369,249
| New | +$5.79M |
|
|
PSXP
512
DELISTED
PHILLIPS 66 PARTNERS LP
PSXP
| $5.75M | 0.01% |
93,659
+54,731
| +141% | +$3.18M |
|
|
BWP
513
DELISTED
Boardwalk Pipeline Partners
BWP
| $5.57M | 0.01% |
429,083
+261,924
| +157% | +$3.24M |
|
514
Regenxbio
RGNX
$616M
| $5.56M | 0.01% |
338,078
-17,266
| -5% | -$343K |
|
515
FerroAtlántica
GSM
$590M
| $5.48M | 0.01% |
509,771
+49,460
| +11% | +$564K |
|
|
RMP
516
DELISTED
Rice Midstream Partners LP
RMP
| $5.47M | 0.01% |
405,887
+143,593
| +55% | +$1.98M |
|
517
CALL
Standard BioTools
LAB
$342M
| $5.41M | 0.01% |
500,000
| – | – |
|
|
WNRL
518
DELISTED
Western Refining Logistics, LP
WNRL
| $5.05M | 0.01% |
205,727
+85,840
| +72% | +$1.97M |
|
519
PUT
iShares US Healthcare ETF
IYH
$3.44B
| $4.19M | ﹤0.01% |
139,640
-366,250
| -72% | -$10.9M |
|
520
USA Compression Partners
USAC
$3.69B
| $4.09M | ﹤0.01% |
355,821
+101,115
| +40% | +$1.51M |
|
|
IMDZ
521
DELISTED
Immune Design Corp.
IMDZ
| $4.08M | ﹤0.01% |
203,452
+769
| +0.4% | +$13.3K |
|
522
ExxonMobil
XOM
$650B
| $4.07M | ﹤0.01% |
52,239
-777
| -1% | -$62.1K |
|
|
ALPN
523
DELISTED
Alpine Immune Sciences Inc
ALPN
| $3.81M | ﹤0.01% |
122,984
-14,903
| -11% | -$509K |
|
|
AM
524
DELISTED
ANTERO MIDSTREAM PARTNERS LP
AM
| $3.75M | ﹤0.01% |
164,311
+67,570
| +70% | +$1.51M |
|
525
SCYNEXIS
SCYX
$37.4M
| $3.73M | ﹤0.01% |
7,497
+17
| +0.2% | +$8.96K |
|
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.