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 |
Broadcom
AVGO
|
+$781M |
| 2 |
Nike
NKE
|
+$773M |
| 3 |
ATVI
Activision Blizzard
ATVI
|
+$536M |
| 4 |
Texas Instruments
TXN
|
+$493M |
| 5 |
AGN
Allergan plc
AGN
|
+$379M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Starbucks
SBUX
|
+$1.07B |
| 2 |
Qualcomm
QCOM
|
+$673M |
| 3 |
TJX Companies
TJX
|
+$603M |
| 4 |
NVIDIA
NVDA
|
+$431M |
| 5 |
Regeneron Pharmaceuticals
REGN
|
+$429M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.31% |
| 2 | Consumer Discretionary | 17.37% |
| 3 | Healthcare | 13.5% |
| 4 | Communication Services | 13.08% |
| 5 | Financials | 10.43% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
526
Elevance Health
ELV
$82.1B
| $2.91M | ﹤0.01% |
17,572
-875
| -5% | -$139K |
|
527
Omega Healthcare
OHI
$15.3B
| $2.86M | ﹤0.01% |
86,753
+53,991
| +165% | +$1.73M |
|
528
Walt Disney
DIS
$168B
| $2.55M | ﹤0.01% |
22,496
-249,901
| -92% | -$27.5M |
|
|
FENX
529
DELISTED
Fenix Parts, Inc.
FENX
| $2.54M | ﹤0.01% |
1,638,189
-200,163
| -11% | -$440K |
|
|
NAK
530
Northern Dynasty Minerals
NAK
$857M
| $2.52M | ﹤0.01% |
1,763,422
| – | – |
|
531
Citizens Financial Group
CFG
$30.1B
| $2.46M | ﹤0.01% |
71,328
-29,855
| -30% | -$1.09M |
|
532
Stanley Black & Decker
SWK
$14.6B
| $2.39M | ﹤0.01% |
17,987
-3,449
| -16% | -$433K |
|
|
DHC
533
Diversified Healthcare Trust
DHC
$2.28B
| $2.3M | ﹤0.01% |
+113,627
| New | +$2.23M |
|
534
Verizon
VZ
$198B
| $2.3M | ﹤0.01% |
47,186
-82,717
| -64% | -$4.15M |
|
535
Tyson Foods
TSN
$21.4B
| $2.3M | ﹤0.01% |
37,248
+11,362
| +44% | +$716K |
|
536
Prosperity Bancshares
PB
$8.69B
| $2.25M | ﹤0.01% |
32,234
-2,439
| -7% | -$177K |
|
|
RTN
537
DELISTED
Raytheon Company
RTN
| $2.24M | ﹤0.01% |
14,711
+1,582
| +12% | +$238K |
|
538
Webster Financial
WBS
$12.5B
| $2.19M | ﹤0.01% |
43,771
-2,468
| -5% | -$132K |
|
539
iShares MSCI India ETF
INDA
$6.77B
| $2.1M | ﹤0.01% |
66,819
-17,831
| -21% | -$522K |
|
540
Wave Life Sciences
WVE
$1.14B
| $2.07M | ﹤0.01% |
75,435
| – | – |
|
|
STDY
541
DELISTED
SteadyMed Ltd
STDY
| $2.06M | ﹤0.01% |
355,660
| – | – |
|
|
LHO
542
DELISTED
LaSalle Hotel Properties
LHO
| $2.03M | ﹤0.01% |
70,115
-3,228
| -4% | -$95.9K |
|
|
TEN
543
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $2.02M | ﹤0.01% |
32,440
-3,039
| -9% | -$199K |
|
544
Plexus
PLXS
$6.78B
| $1.96M | ﹤0.01% |
33,920
-2,600
| -7% | -$145K |
|
545
MakeMyTrip
MMYT
$4.97B
| $1.96M | ﹤0.01% |
56,580
+38,580
| +214% | +$1.24M |
|
|
ZLTQ
546
DELISTED
ZELTIQ Aesthetics, Inc.
ZLTQ
| $1.96M | ﹤0.01% |
35,211
-543,863
| -94% | -$27.3M |
|
547
Semtech
SMTC
$11.3B
| $1.96M | ﹤0.01% |
57,849
-6,929
| -11% | -$233K |
|
548
Glacier Bancorp
GBCI
$6.38B
| $1.89M | ﹤0.01% |
55,585
-2,043
| -4% | -$72.3K |
|
549
Intel
INTC
$462B
| $1.78M | ﹤0.01% |
49,362
-124,340
| -72% | -$4.5M |
|
550
iShares Russell 1000 Growth ETF
IWF
$120B
| $1.74M | ﹤0.01% |
61,196
-505,024
| -89% | -$14M |
|
Similar funds
Jennison Associates's Q1 2017 Portfolio in Review
As of Q1 2017, Jennison Associates held 861 positions worth $93.2B, up 4.1% from $89.6B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Jennison Associates withdrew a net $4.47B in Q1 2017, closing 224 positions and reducing 376 holdings. Its most notable exit was Mobileye N.V., an estimated $165M position sold in full.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 19% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, Jennison Associates opened a new position in Snap worth $119M.
- Jennison Associates's largest Q1 2017 buy was Snap: 5,289,727 shares worth $119M.
- Jennison Associates added most to Broadcom in Q1 2017, an estimated $781M increase.
- Jennison Associates's biggest Q1 2017 reduction was Starbucks, cutting an estimated $1.07B.
- Jennison Associates fully exited Mobileye N.V. in Q1 2017, selling an estimated $165M.
- Jennison Associates's ten largest holdings make up 26% of its $93.2B portfolio in Q1 2017.
- Jennison Associates opened 55 new positions and closed 224 in Q1 2017.
- Jennison Associates's portfolio value rose 4.1% quarter-over-quarter to $93.2B.
Based on Jennison Associates's 13F filing for Q1 2017, filed 28 Apr 2017.