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 |
PayPal
PYPL
|
+$638M |
| 2 |
Home Depot
HD
|
+$562M |
| 3 |
Costco
COST
|
+$529M |
| 4 |
AbbVie
ABBV
|
+$493M |
| 5 |
Caterpillar
CAT
|
+$461M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$777M |
| 2 |
CELG
Celgene Corp
CELG
|
+$581M |
| 3 |
Booking.com
BKNG
|
+$579M |
| 4 |
Crown Castle
CCI
|
+$495M |
| 5 |
Regeneron Pharmaceuticals
REGN
|
+$455M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.86% |
| 2 | Consumer Discretionary | 15.64% |
| 3 | Financials | 12.8% |
| 4 | Healthcare | 12.56% |
| 5 | Communication Services | 11.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
RTN
526
DELISTED
Raytheon Company
RTN
| $2.1M | ﹤0.01% |
11,154
-269
| -2% | -$50.2K |
|
527
Agilent Technologies
A
$37.4B
| $2.09M | ﹤0.01% |
31,158
-1,676
| -5% | -$113K |
|
528
Protagonist Therapeutics
PTGX
$8.94B
| $2.08M | ﹤0.01% |
+100,000
| New | +$1.77M |
|
529
Plains GP Holdings
PAGP
$5.14B
| $2.06M | ﹤0.01% |
+93,698
| New | +$1.97M |
|
530
Waters Corp
WAT
$35.5B
| $2.05M | ﹤0.01% |
10,608
-476
| -4% | -$91.9K |
|
531
Plexus
PLXS
$6.79B
| $2M | ﹤0.01% |
32,974
-3,149
| -9% | -$191K |
|
|
LHO
532
DELISTED
LaSalle Hotel Properties
LHO
| $1.99M | ﹤0.01% |
71,022
-1,652
| -2% | -$47.3K |
|
533
Provident Financial Services
PFS
$3.12B
| $1.97M | ﹤0.01% |
72,941
+21,709
| +42% | +$590K |
|
534
Allstate
ALL
$65.1B
| $1.95M | ﹤0.01% |
18,664
-2,598
| -12% | -$256K |
|
535
Cadence Design Systems
CDNS
$91.3B
| $1.95M | ﹤0.01% |
46,699
-3,582
| -7% | -$154K |
|
536
Avery Dennison
AVY
$12.1B
| $1.93M | ﹤0.01% |
16,803
-2,265
| -12% | -$245K |
|
|
FOMX
537
DELISTED
Foamix Pharmaceuticals Ltd. Ordinary Shares
FOMX
| $1.91M | ﹤0.01% |
317,668
-13,990
| -4% | -$84.2K |
|
538
RBC Bearings
RBC
$18.2B
| $1.91M | ﹤0.01% |
15,088
+32
| +0.2% | +$4.01K |
|
|
VMW
539
DELISTED
VMware, Inc
VMW
| $1.9M | ﹤0.01% |
15,160
-2,208
| -13% | -$265K |
|
540
Lear
LEA
$7.06B
| $1.9M | ﹤0.01% |
10,724
-360
| -3% | -$63.2K |
|
541
Evercore
EVR
$13.1B
| $1.88M | ﹤0.01% |
20,916
+75
| +0.4% | +$6.26K |
|
|
MASI
542
DELISTED
Masimo
MASI
| $1.85M | ﹤0.01% |
21,822
+2,110
| +11% | +$183K |
|
|
HF
543
DELISTED
HFF Inc.
HF
| $1.84M | ﹤0.01% |
37,820
+148
| +0.4% | +$6.53K |
|
544
Lamb Weston
LW
$6.29B
| $1.83M | ﹤0.01% |
+32,346
| New | +$1.7M |
|
545
Glacier Bancorp
GBCI
$6.85B
| $1.82M | ﹤0.01% |
46,219
-10,770
| -19% | -$408K |
|
546
Genpact
G
$5.2B
| $1.82M | ﹤0.01% |
57,295
-6,043
| -10% | -$187K |
|
547
Revvity
RVTY
$12B
| $1.8M | ﹤0.01% |
+24,646
| New | +$1.77M |
|
548
Pultegroup
PHM
$23.6B
| $1.79M | ﹤0.01% |
53,886
+20,508
| +61% | +$637K |
|
549
Capri Holdings
CPRI
$1.84B
| $1.78M | ﹤0.01% |
+28,301
| New | +$1.55M |
|
550
Semtech
SMTC
$12B
| $1.77M | ﹤0.01% |
51,874
-181
| -0.3% | -$6.78K |
|
Similar funds
Jennison Associates's Q4 2017 Portfolio in Review
As of Q4 2017, Jennison Associates held 724 positions worth $101B, up 3.7% from $97.6B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Jennison Associates's Q4 2017 filing shows 76 new, 253 increased, 308 reduced and 75 closed positions. Its largest new stake was Block Inc: 2,492,825 shares worth $86.4M. The largest sale was NVIDIA, an estimated $777M.
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.
- Jennison Associates's largest Q4 2017 buy was Block Inc: 2,492,825 shares worth $86.4M.
- Jennison Associates added most to PayPal in Q4 2017, an estimated $638M increase.
- Jennison Associates's biggest Q4 2017 reduction was NVIDIA, cutting an estimated $777M.
- Jennison Associates fully exited Electronic Arts in Q4 2017, selling an estimated $113M.
- Jennison Associates's ten largest holdings make up 27% of its $101B portfolio in Q4 2017.
- Jennison Associates opened 76 new positions and closed 75 in Q4 2017.
- Jennison Associates's portfolio value rose 3.7% quarter-over-quarter to $101B.
Based on Jennison Associates's 13F filing for Q4 2017, filed 25 Jan 2018.