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 |
Alphabet (Google) Class A
GOOGL
|
+$2.04B |
| 2 |
Microsoft
MSFT
|
+$941M |
| 3 |
Alibaba
BABA
|
+$782M |
| 4 |
McDonald's
MCD
|
+$625M |
| 5 |
Home Depot
HD
|
+$409M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class C
GOOG
|
+$1.96B |
| 2 |
Chipotle Mexican Grill
CMG
|
+$765M |
| 3 |
Dollar General
DG
|
+$609M |
| 4 |
Apple
AAPL
|
+$489M |
| 5 |
AGN
Allergan plc
AGN
|
+$419M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 18.98% |
| 2 | Consumer Discretionary | 18.73% |
| 3 | Communication Services | 15.16% |
| 4 | Technology | 12.68% |
| 5 | Financials | 9.93% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ANDV
551
DELISTED
Andeavor
ANDV
| $2.37M | ﹤0.01% |
22,528
-14,004
| -38% | -$1.51M |
|
552
Eastman Chemical
EMN
$7.69B
| $2.32M | ﹤0.01% |
+34,327
| New | +$2.4M |
|
|
INNL
553
DELISTED
Innocoll Holdings plc Ordinary Shares
INNL
| $2.3M | ﹤0.01% |
277,439
+391
| +0.1% | +$3.92K |
|
554
Webster Financial
WBS
$12.3B
| $2.27M | ﹤0.01% |
60,980
+10,172
| +20% | +$385K |
|
555
Blackrock
BLK
$167B
| $2.22M | ﹤0.01% |
6,518
-4,424
| -40% | -$1.5M |
|
556
HF Sinclair
DINO
$16.2B
| $2.13M | ﹤0.01% |
53,444
+24,635
| +86% | +$1.17M |
|
557
Markel Group
MKL
$25.2B
| $2.12M | ﹤0.01% |
2,402
-1,550
| -39% | -$1.35M |
|
558
RLI Corp
RLI
$6.02B
| $2.09M | ﹤0.01% |
67,556
+35,846
| +113% | +$1.07M |
|
|
MRTX
559
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $2.06M | ﹤0.01% |
65,254
+254
| +0.4% | +$8.97K |
|
|
OMED
560
DELISTED
OncoMed Pharmaceuticals, Inc.
OMED
| $2.02M | ﹤0.01% |
+89,546
| New | +$1.83M |
|
561
Fulton Financial
FULT
$4.68B
| $2.01M | ﹤0.01% |
154,751
-9,207
| -6% | -$124K |
|
562
Manhattan Associates
MANH
$12.1B
| $2.01M | ﹤0.01% |
+30,406
| New | +$2.16M |
|
563
Valley National Bancorp
VLY
$7.9B
| $1.99M | ﹤0.01% |
202,288
+32,053
| +19% | +$333K |
|
564
Glacier Bancorp
GBCI
$6.36B
| $1.96M | ﹤0.01% |
73,784
+56,824
| +335% | +$1.57M |
|
|
RRMS
565
DELISTED
ROSE ROCK MIDSTREAM L P COM UNIT REPSTG LTD (DE)
RRMS
| $1.8M | ﹤0.01% |
119,466
+10,707
| +10% | +$245K |
|
566
Plexus
PLXS
$6.43B
| $1.64M | ﹤0.01% |
47,053
+17,410
| +59% | +$650K |
|
567
Asbury Automotive
ABG
$4.62B
| $1.47M | ﹤0.01% |
21,820
+1,899
| +10% | +$145K |
|
568
Waste Management
WM
$95B
| $1.46M | ﹤0.01% |
+27,364
| New | +$1.45M |
|
569
Verizon
VZ
$197B
| $1.44M | ﹤0.01% |
31,210
+15,643
| +100% | +$710K |
|
570
State Street SPDR S&P Metals & Mining ETF
XME
$3.75B
| $1.44M | ﹤0.01% |
96,218
-13,385
| -12% | -$224K |
|
|
WBC
571
DELISTED
WABCO HOLDINGS INC.
WBC
| $1.43M | ﹤0.01% |
13,982
-72,171
| -84% | -$7.68M |
|
572
Western Midstream Partners
WES
$19.4B
| $1.41M | ﹤0.01% |
38,781
+13,427
| +53% | +$535K |
|
|
TIME
573
DELISTED
Time Inc.
TIME
| $1.41M | ﹤0.01% |
+89,761
| New | +$1.54M |
|
|
LUX
574
DELISTED
Luxottica Group
LUX
| $1.38M | ﹤0.01% |
21,258
-1,050
| -5% | -$71.3K |
|
575
Keurig Dr Pepper
KDP
$42.8B
| $1.36M | ﹤0.01% |
14,591
-18,932
| -56% | -$1.68M |
|
Similar funds
Jennison Associates's Q4 2015 Portfolio in Review
As of Q4 2015, Jennison Associates held 786 positions worth $102B, up 4.4% from $97.6B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Jennison Associates's Q4 2015 filing shows 65 new, 298 increased, 279 reduced and 131 closed positions. Its largest new stake was Alphabet (Google) Class A: 55,026,880 shares worth $2.14B. The largest sale was Alphabet (Google) Class C, an estimated $1.96B.
By sector, the portfolio is most concentrated in Healthcare at 19% of assets, down from 19% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q4 2015 buy was Alphabet (Google) Class A: 55,026,880 shares worth $2.14B.
- Jennison Associates added most to Microsoft in Q4 2015, an estimated $941M increase.
- Jennison Associates's biggest Q4 2015 reduction was Alphabet (Google) Class C, cutting an estimated $1.96B.
- Jennison Associates fully exited Chipotle Mexican Grill in Q4 2015, selling an estimated $765M.
- Jennison Associates's ten largest holdings make up 23% of its $102B portfolio in Q4 2015.
- Jennison Associates opened 65 new positions and closed 131 in Q4 2015.
- Jennison Associates's portfolio value rose 4.4% quarter-over-quarter to $102B.
Based on Jennison Associates's 13F filing for Q4 2015, filed 10 Feb 2016.