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 | |
|---|---|---|---|---|---|---|
501
Micron Technology
MU
$930B
| $2.84M | ﹤0.01% |
54,460
-2,841
| -5% | -$136K |
|
|
MON
502
DELISTED
Monsanto Co
MON
| $2.82M | ﹤0.01% |
24,133
-5,548
| -19% | -$668K |
|
503
RenaissanceRe
RNR
$13.3B
| $2.5M | ﹤0.01% |
+18,038
| New | +$2.34M |
|
|
RNTX
504
Rein Therapeutics
RNTX
$63.1M
| $2.42M | ﹤0.01% |
14,875
+2,263
| +18% | +$403K |
|
505
MakeMyTrip
MMYT
$5.36B
| $2.42M | ﹤0.01% |
69,614
-3,948
| -5% | -$126K |
|
506
Columbia Banking Systems
COLB
$8.84B
| $2.38M | ﹤0.01% |
56,794
-695,444
| -92% | -$30.2M |
|
507
Cognizant
CTSH
$24.9B
| $2.32M | ﹤0.01% |
+28,769
| New | +$2.27M |
|
508
Wynn Resorts
WYNN
$10.3B
| $2.31M | ﹤0.01% |
+12,685
| New | +$2.19M |
|
509
LyondellBasell Industries
LYB
$20B
| $2.29M | ﹤0.01% |
21,679
-4,554
| -17% | -$509K |
|
|
TPH
510
DELISTED
Tri Pointe Homes
TPH
| $2.23M | ﹤0.01% |
136,040
+16,648
| +14% | +$286K |
|
511
NXP Semiconductors
NXPI
$57.8B
| $2.19M | ﹤0.01% |
18,678
-123
| -0.7% | -$14.8K |
|
|
TSS
512
DELISTED
Total System Services, Inc.
TSS
| $2.13M | ﹤0.01% |
+24,707
| New | +$2.12M |
|
513
Northrop Grumman
NOC
$77.1B
| $2.12M | ﹤0.01% |
6,069
-2,622
| -30% | -$878K |
|
514
Portland General Electric
POR
$5.71B
| $2.07M | ﹤0.01% |
50,988
-1,095,759
| -96% | -$45M |
|
515
Lamb Weston
LW
$7.22B
| $2.05M | ﹤0.01% |
35,280
+2,934
| +9% | +$166K |
|
516
Lear
LEA
$6.54B
| $2.04M | ﹤0.01% |
10,980
+256
| +2% | +$48.2K |
|
517
Waters Corp
WAT
$37B
| $2.03M | ﹤0.01% |
10,217
-391
| -4% | -$80.9K |
|
518
Provident Financial Services
PFS
$3.22B
| $2.01M | ﹤0.01% |
78,696
+5,755
| +8% | +$151K |
|
|
TEN
519
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $1.97M | ﹤0.01% |
35,815
+13,966
| +64% | +$796K |
|
520
Copart
CPRT
$27B
| $1.95M | ﹤0.01% |
153,068
-484
| -0.3% | -$5.6K |
|
521
Silicon Laboratories
SLAB
$7.17B
| $1.92M | ﹤0.01% |
21,313
+15,004
| +238% | +$1.42M |
|
522
McKesson
MCK
$100B
| $1.89M | ﹤0.01% |
+13,427
| New | +$2.09M |
|
523
Nu Skin
NUS
$252M
| $1.88M | ﹤0.01% |
25,541
-30
| -0.1% | -$2.13K |
|
524
Q32 Bio
QTTB
$466M
| $1.87M | ﹤0.01% |
+5,556
| New | +$1.87M |
|
|
HF
525
DELISTED
HFF Inc.
HF
| $1.87M | ﹤0.01% |
37,626
-194
| -0.5% | -$9.29K |
|
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.