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 |
TWX
Time Warner Inc
TWX
|
+$567M |
| 2 |
Kroger
KR
|
+$566M |
| 3 |
AGN
Allergan plc
AGN
|
+$491M |
| 4 |
NXP Semiconductors
NXPI
|
+$366M |
| 5 |
Sherwin-Williams
SHW
|
+$274M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PCP
PRECISION CASTPARTS CORP
PCP
|
+$880M |
| 2 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$731M |
| 3 |
CELG
Celgene Corp
CELG
|
+$395M |
| 4 |
AGN
Allergan Inc
AGN
|
+$320M |
| 5 |
TIF
Tiffany & Co.
TIF
|
+$309M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 20.03% |
| 2 | Consumer Discretionary | 14.7% |
| 3 | Technology | 12.89% |
| 4 | Communication Services | 12.45% |
| 5 | Financials | 8.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PLG
526
Platinum Group Metals
PLG
$168M
| $4.38M | ﹤0.01% |
78,174
| – | – |
|
527
Piper Sandler
PIPR
$5.15B
| $4.36M | ﹤0.01% |
332,448
+22,852
| +7% | +$310K |
|
528
RBC Bearings
RBC
$17.8B
| $4.28M | ﹤0.01% |
55,921
-3,103
| -5% | -$195K |
|
|
ZSPH
529
DELISTED
ZS PHARMA INC COMS TK (DE)
ZSPH
| $4.1M | ﹤0.01% |
97,496
+310
| +0.3% | +$14.2K |
|
530
Enbridge
ENB
$121B
| $4.09M | ﹤0.01% |
84,337
-48,489
| -37% | -$2.33M |
|
|
LHO
531
DELISTED
LaSalle Hotel Properties
LHO
| $3.93M | ﹤0.01% |
101,090
+6,253
| +7% | +$252K |
|
|
GAP
532
The Gap Inc
GAP
$7.34B
| $3.91M | ﹤0.01% |
90,192
+64,414
| +250% | +$2.68M |
|
533
Macy's
M
$6.56B
| $3.83M | ﹤0.01% |
58,993
+16,174
| +38% | +$1.04M |
|
|
WPZ
534
DELISTED
Williams Partners L.P.
WPZ
| $3.83M | ﹤0.01% |
77,744
+44,574
| +134% | +$2.17M |
|
535
L3Harris
LHX
$50.7B
| $3.81M | ﹤0.01% |
+48,392
| New | +$3.53M |
|
536
Moog Inc Class A
MOG.A
$13.3B
| $3.76M | ﹤0.01% |
50,066
-723
| -1% | -$53.4K |
|
537
Valero Energy
VLO
$92.6B
| $3.75M | ﹤0.01% |
58,929
+16,613
| +39% | +$927K |
|
|
NVET
538
DELISTED
Nexvet Biopharma plc Ordinary Shares
NVET
| $3.72M | ﹤0.01% |
+463,506
| New | +$4.39M |
|
539
Archer Daniels Midland
ADM
$38.9B
| $3.72M | ﹤0.01% |
78,509
+26,879
| +52% | +$1.28M |
|
540
Blackrock
BLK
$170B
| $3.68M | ﹤0.01% |
10,056
+906
| +10% | +$328K |
|
541
Celanese
CE
$4.91B
| $3.67M | ﹤0.01% |
65,708
+44,672
| +212% | +$2.53M |
|
542
Cummins
CMI
$87.3B
| $3.66M | ﹤0.01% |
+26,428
| New | +$3.72M |
|
|
STDY
543
DELISTED
SteadyMed Ltd
STDY
| $3.65M | ﹤0.01% |
+429,953
| New | +$3.68M |
|
544
Walmart Inc
WMT
$884B
| $3.64M | ﹤0.01% |
+132,663
| New | +$3.76M |
|
545
CrossAmerica Partners
CAPL
$831M
| $3.61M | ﹤0.01% |
110,934
+40,374
| +57% | +$1.46M |
|
546
Johnson & Johnson
JNJ
$617B
| $3.59M | ﹤0.01% |
35,712
+1,911
| +6% | +$194K |
|
547
Intel
INTC
$460B
| $3.5M | ﹤0.01% |
111,832
+51,275
| +85% | +$1.73M |
|
548
Corning
GLW
$116B
| $3.49M | ﹤0.01% |
153,884
-20,852
| -12% | -$496K |
|
|
ENLC
549
DELISTED
ENLINK MIDSTREAM, LLC
ENLC
| $3.48M | ﹤0.01% |
106,797
-835,848
| -89% | -$27.7M |
|
550
Weyerhaeuser
WY
$16.9B
| $3.46M | ﹤0.01% |
+104,267
| New | +$3.65M |
|
Similar funds
Jennison Associates's Q1 2015 Portfolio in Review
As of Q1 2015, Jennison Associates held 801 positions worth $109B, up 2.1% from $107B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Jennison Associates's Q1 2015 filing shows 86 new, 297 increased, 319 reduced and 92 closed positions. Its largest new stake was NXP Semiconductors: 4,151,977 shares worth $417M. The largest sale was PRECISION CASTPARTS CORP, an estimated $880M.
By sector, the portfolio is most concentrated in Healthcare at 20% of assets, up from 19% a quarter earlier, followed by Consumer Discretionary and Technology.
- Jennison Associates's largest Q1 2015 buy was NXP Semiconductors: 4,151,977 shares worth $417M.
- Jennison Associates added most to Time Warner Inc in Q1 2015, an estimated $567M increase.
- Jennison Associates's biggest Q1 2015 reduction was Twenty-First Century Fox, Inc. Class A, cutting an estimated $731M.
- Jennison Associates fully exited PRECISION CASTPARTS CORP in Q1 2015, selling an estimated $880M.
- Jennison Associates's ten largest holdings make up 21% of its $109B portfolio in Q1 2015.
- Jennison Associates opened 86 new positions and closed 92 in Q1 2015.
- Jennison Associates's portfolio value rose 2.1% quarter-over-quarter to $109B.
Based on Jennison Associates's 13F filing for Q1 2015, filed 4 May 2015.