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 | |
|---|---|---|---|---|---|---|
526
RBC Bearings
RBC
$17.4B
| $1.86M | ﹤0.01% |
15,016
-72
| -0.5% | -$8.94K |
|
527
InflaRx
IFRX
$250M
| $1.86M | ﹤0.01% |
64,368
-137,938
| -68% | -$3.64M |
|
528
Genpact
G
$5.96B
| $1.83M | ﹤0.01% |
57,222
-73
| -0.1% | -$2.37K |
|
529
Revvity
RVTY
$12.6B
| $1.82M | ﹤0.01% |
24,080
-566
| -2% | -$43.7K |
|
530
Designer Brands
DBI
$307M
| $1.81M | ﹤0.01% |
80,550
+58,295
| +262% | +$1.2M |
|
531
Copa Holdings
CPA
$5.76B
| $1.77M | ﹤0.01% |
13,775
+771
| +6% | +$103K |
|
532
Trip.com Group
TCOM
$29.6B
| $1.77M | ﹤0.01% |
37,976
+888
| +2% | +$41.7K |
|
533
Glacier Bancorp
GBCI
$6.42B
| $1.76M | ﹤0.01% |
45,989
-230
| -0.5% | -$9.06K |
|
534
Capri Holdings
CPRI
$1.83B
| $1.73M | ﹤0.01% |
27,834
-467
| -2% | -$29.7K |
|
|
NAK
535
Northern Dynasty Minerals
NAK
$784M
| $1.6M | ﹤0.01% |
1,763,422
| – | – |
|
536
Group 1 Automotive
GPI
$3.41B
| $1.58M | ﹤0.01% |
24,140
-154
| -0.6% | -$11.4K |
|
537
Seres Therapeutics
MCRB
$46.8M
| $1.54M | ﹤0.01% |
10,510
-869
| -8% | -$167K |
|
538
OceanFirst Financial
OCFC
$1.68B
| $1.51M | ﹤0.01% |
56,337
+34,893
| +163% | +$941K |
|
539
Pilgrim's Pride
PPC
$6.51B
| $1.45M | ﹤0.01% |
58,842
+1,783
| +3% | +$47.9K |
|
540
Marcus & Millichap
MMI
$1.16B
| $1.39M | ﹤0.01% |
38,489
-187
| -0.5% | -$6.1K |
|
541
Asbury Automotive
ABG
$4.31B
| $1.38M | ﹤0.01% |
20,445
+9,799
| +92% | +$677K |
|
542
Evercore
EVR
$12.4B
| $1.37M | ﹤0.01% |
15,757
-5,159
| -25% | -$486K |
|
|
NAVG
543
DELISTED
Navigators Group Inc
NAVG
| $1.37M | ﹤0.01% |
23,811
-155
| -0.6% | -$8.14K |
|
544
Baidu
BIDU
$37.7B
| $1.36M | ﹤0.01% |
6,097
-322
| -5% | -$79.4K |
|
545
Solid Biosciences
SLDB
$794M
| $1.32M | ﹤0.01% |
+11,775
| New | +$3.98M |
|
546
Semtech
SMTC
$11B
| $1.32M | ﹤0.01% |
33,776
-18,098
| -35% | -$652K |
|
|
SAFM
547
DELISTED
Sanderson Farms Inc
SAFM
| $1.32M | ﹤0.01% |
11,064
+4,151
| +60% | +$528K |
|
548
Intuitive Surgical
ISRG
$127B
| $1.28M | ﹤0.01% |
9,333
+153
| +2% | +$21.4K |
|
549
Curtiss-Wright
CW
$26.7B
| $1.26M | ﹤0.01% |
9,355
-55
| -0.6% | -$7.18K |
|
550
Corbus Pharmaceuticals
CRBP
$166M
| $1.26M | ﹤0.01% |
6,894
-606
| -8% | -$136K |
|
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.