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 |
McDonald's
MCD
|
+$770M |
| 2 |
Crown Castle
CCI
|
+$678M |
| 3 |
ATVI
Activision Blizzard
ATVI
|
+$557M |
| 4 |
Vertex Pharmaceuticals
VRTX
|
+$437M |
| 5 |
BioMarin Pharmaceuticals
BMRN
|
+$305M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Nike
NKE
|
+$1.22B |
| 2 |
ALXN
Alexion Pharmaceuticals
ALXN
|
+$1.04B |
| 3 |
Amazon
AMZN
|
+$661M |
| 4 |
SHPG
Shire pic
SHPG
|
+$478M |
| 5 |
TWX
Time Warner Inc
TWX
|
+$457M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 21.25% |
| 2 | Consumer Discretionary | 17.77% |
| 3 | Healthcare | 14.23% |
| 4 | Communication Services | 13.04% |
| 5 | Financials | 10.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
RNTX
526
Rein Therapeutics
RNTX
$65.7M
| $2.79M | ﹤0.01% |
+12,500
| New | +$2.74M |
|
527
argenx
ARGX
$64B
| $2.66M | ﹤0.01% |
+125,285
| New | +$2.61M |
|
528
LyondellBasell Industries
LYB
$20.6B
| $2.49M | ﹤0.01% |
29,461
+22,865
| +347% | +$1.9M |
|
|
WBS
529
DELISTED
Webster Financial
WBS
| $2.47M | ﹤0.01% |
47,275
+3,504
| +8% | +$177K |
|
|
RTN
530
DELISTED
Raytheon Company
RTN
| $2.46M | ﹤0.01% |
15,243
+532
| +4% | +$84.3K |
|
|
NAK
531
Northern Dynasty Minerals
NAK
$944M
| $2.45M | ﹤0.01% |
1,763,422
| – | – |
|
532
Tyson Foods
TSN
$19.5B
| $2.44M | ﹤0.01% |
39,008
+1,760
| +5% | +$108K |
|
533
Danaher
DHR
$152B
| $2.43M | ﹤0.01% |
32,529
+15,087
| +86% | +$1.13M |
|
|
LHO
534
DELISTED
LaSalle Hotel Properties
LHO
| $2.22M | ﹤0.01% |
74,581
+4,466
| +6% | +$131K |
|
535
Glacier Bancorp
GBCI
$6.1B
| $2.22M | ﹤0.01% |
60,673
+5,088
| +9% | +$174K |
|
536
Prosperity Bancshares
PB
$8.69B
| $2.22M | ﹤0.01% |
34,495
+2,261
| +7% | +$149K |
|
537
iShares MSCI India ETF
INDA
$6.61B
| $2.15M | ﹤0.01% |
66,819
| – | – |
|
538
MakeMyTrip
MMYT
$5.55B
| $2.06M | ﹤0.01% |
61,477
+4,897
| +9% | +$170K |
|
539
Semtech
SMTC
$12.2B
| $1.99M | ﹤0.01% |
55,762
-2,087
| -4% | -$73.1K |
|
540
Digital Realty Trust
DLR
$68.8B
| $1.97M | ﹤0.01% |
+17,410
| New | +$1.99M |
|
541
Plexus
PLXS
$6.42B
| $1.93M | ﹤0.01% |
36,691
+2,771
| +8% | +$147K |
|
542
Trip.com Group
TCOM
$28.6B
| $1.91M | ﹤0.01% |
35,521
+270
| +0.8% | +$14.3K |
|
543
Citizens Financial Group
CFG
$29.4B
| $1.9M | ﹤0.01% |
53,316
-18,012
| -25% | -$639K |
|
|
TEN
544
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $1.89M | ﹤0.01% |
32,589
+149
| +0.5% | +$8.61K |
|
545
Stanley Black & Decker
SWK
$14.8B
| $1.77M | ﹤0.01% |
12,614
-5,373
| -30% | -$737K |
|
|
AZPN
546
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $1.76M | ﹤0.01% |
31,854
+24,839
| +354% | +$1.37M |
|
547
FNB Corp
FNB
$6.55B
| $1.62M | ﹤0.01% |
114,339
-677,349
| -86% | -$9.54M |
|
548
Piper Sandler
PIPR
$5.34B
| $1.61M | ﹤0.01% |
107,516
+20,120
| +23% | +$304K |
|
|
FOMX
549
DELISTED
Foamix Pharmaceuticals Ltd. Ordinary Shares
FOMX
| $1.54M | ﹤0.01% |
331,658
-8,631
| -3% | -$38.5K |
|
550
RBC Bearings
RBC
$15.8B
| $1.53M | ﹤0.01% |
15,068
+48
| +0.3% | +$4.8K |
|
Similar funds
Jennison Associates's Q2 2017 Portfolio in Review
As of Q2 2017, Jennison Associates held 698 positions worth $94.3B, up 1.1% from $93.2B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Jennison Associates withdrew a net $3.11B in Q2 2017, closing 61 positions and reducing 332 holdings. Its most notable exit was NXP Semiconductors, an estimated $452M position sold in full.
By sector, the portfolio is most concentrated in Technology at 21% of assets, up from 21% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, Jennison Associates opened a new position in Newell Brands worth $125M.
- Jennison Associates's largest Q2 2017 buy was Newell Brands: 2,328,211 shares worth $125M.
- Jennison Associates added most to McDonald's in Q2 2017, an estimated $770M increase.
- Jennison Associates's biggest Q2 2017 reduction was Nike, cutting an estimated $1.22B.
- Jennison Associates fully exited NXP Semiconductors in Q2 2017, selling an estimated $452M.
- Jennison Associates's ten largest holdings make up 27% of its $94.3B portfolio in Q2 2017.
- Jennison Associates opened 62 new positions and closed 61 in Q2 2017.
- Jennison Associates's portfolio value rose 1.1% quarter-over-quarter to $94.3B.
Based on Jennison Associates's 13F filing for Q2 2017, filed 4 Aug 2017.