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 |
lululemon athletica
LULU
|
+$545M |
| 2 |
Danaher
DHR
|
+$429M |
| 3 |
PayPal
PYPL
|
+$426M |
| 4 |
XYZ
Block Inc
XYZ
|
+$397M |
| 5 |
Intuitive Surgical
ISRG
|
+$389M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Goldman Sachs
GS
|
+$724M |
| 2 |
McDonald's
MCD
|
+$704M |
| 3 |
UnitedHealth
UNH
|
+$675M |
| 4 |
JPMorgan Chase
JPM
|
+$570M |
| 5 |
Booking.com
BKNG
|
+$559M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 21.98% |
| 2 | Healthcare | 17.07% |
| 3 | Consumer Discretionary | 16.52% |
| 4 | Financials | 12.13% |
| 5 | Communication Services | 11.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
KNL
526
DELISTED
Knoll, Inc.
KNL
| $1.13M | ﹤0.01% |
+59,670
| New | +$1.18M |
|
527
LiveRamp
RAMP
$2.3B
| $1.11M | ﹤0.01% |
20,310
+4,802
| +31% | +$238K |
|
528
Marcus & Millichap
MMI
$1.16B
| $1.11M | ﹤0.01% |
27,149
-16,205
| -37% | -$621K |
|
529
OneMain Financial
OMF
$7.2B
| $1.1M | ﹤0.01% |
+34,711
| New | +$1.07M |
|
530
Amkor Technology
AMKR
$12.4B
| $1.08M | ﹤0.01% |
127,032
+9,771
| +8% | +$80.8K |
|
531
PagSeguro Digital
PAGS
$2.69B
| $1.07M | ﹤0.01% |
36,011
| – | – |
|
532
Vishay Intertechnology
VSH
$5.25B
| $1.07M | ﹤0.01% |
+58,132
| New | +$1.16M |
|
|
AMED
533
DELISTED
Amedisys
AMED
| $1.06M | ﹤0.01% |
8,634
+2,226
| +35% | +$279K |
|
534
UFP Industries
UFPI
$4.9B
| $1.04M | ﹤0.01% |
34,954
+15,503
| +80% | +$465K |
|
535
Sysco
SYY
$40.8B
| $1.03M | ﹤0.01% |
15,486
-1,427
| -8% | -$92.8K |
|
|
PARA
536
DELISTED
Paramount Global Class B
PARA
| $1.03M | ﹤0.01% |
21,590
-205,059
| -90% | -$9.99M |
|
537
WSFS Financial
WSFS
$4.12B
| $1.02M | ﹤0.01% |
26,398
+10,078
| +62% | +$419K |
|
|
TPH
538
DELISTED
Tri Pointe Homes
TPH
| $1.02M | ﹤0.01% |
80,373
+29,253
| +57% | +$372K |
|
|
TECD
539
DELISTED
Tech Data Corp
TECD
| $1.01M | ﹤0.01% |
+9,862
| New | +$964K |
|
|
HBI
540
DELISTED
Hanesbrands
HBI
| $1.01M | ﹤0.01% |
+56,355
| New | +$936K |
|
541
Ocular Therapeutix
OCUL
$1.79B
| $1M | ﹤0.01% |
252,708
-1,379,938
| -85% | -$5.55M |
|
542
First Financial Bancorp
FFBC
$3.55B
| $1M | ﹤0.01% |
41,579
+14,475
| +53% | +$376K |
|
543
NorthWestern Energy
NWE
$4.23B
| $984K | ﹤0.01% |
13,973
-1,056
| -7% | -$69.3K |
|
544
Medpace
MEDP
$16.1B
| $979K | ﹤0.01% |
16,598
+2,656
| +19% | +$159K |
|
|
AEL
545
DELISTED
American Equity Investment Life Holding Company
AEL
| $975K | ﹤0.01% |
36,093
+1,204
| +3% | +$36.5K |
|
546
CVR Energy
CVI
$3.58B
| $972K | ﹤0.01% |
23,581
-5,290
| -18% | -$210K |
|
547
The Ensign Group
ENSG
$10.4B
| $972K | ﹤0.01% |
20,305
+2,035
| +11% | +$88.9K |
|
548
CareTrust REIT
CTRE
$9.91B
| $970K | ﹤0.01% |
41,362
+11,896
| +40% | +$261K |
|
549
Intuit
INTU
$86.5B
| $942K | ﹤0.01% |
3,603
-4
| -0.1% | -$924 |
|
550
Sociedad Química y Minera de Chile
SQM
$19.2B
| $932K | ﹤0.01% |
24,239
| – | – |
|
Similar funds
Jennison Associates's Q1 2019 Portfolio in Review
As of Q1 2019, Jennison Associates held 723 positions worth $101B, up 13% from $89.4B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Jennison Associates withdrew a net $3.72B in Q1 2019, closing 96 positions and reducing 294 holdings. Its most notable exit was Booking.com, an estimated $559M position sold in full.
By sector, the portfolio is most concentrated in Technology at 22% of assets, up from 21% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Jennison Associates opened a new position in Danaher worth $490M.
- Jennison Associates's largest Q1 2019 buy was Danaher: 4,186,042 shares worth $490M.
- Jennison Associates added most to lululemon athletica in Q1 2019, an estimated $545M increase.
- Jennison Associates's biggest Q1 2019 reduction was Goldman Sachs, cutting an estimated $724M.
- Jennison Associates fully exited Booking.com in Q1 2019, selling an estimated $559M.
- Jennison Associates's ten largest holdings make up 31% of its $101B portfolio in Q1 2019.
- Jennison Associates opened 83 new positions and closed 96 in Q1 2019.
- Jennison Associates's portfolio value rose 13% quarter-over-quarter to $101B.
Based on Jennison Associates's 13F filing for Q1 2019, filed 10 May 2019.