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 |
S&P Global
SPGI
|
+$677M |
| 2 |
AGN
Allergan plc
AGN
|
+$437M |
| 3 |
Qualcomm
QCOM
|
+$387M |
| 4 |
lululemon athletica
LULU
|
+$366M |
| 5 |
NVIDIA
NVDA
|
+$330M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Under Armour
UAA
|
+$1.03B |
| 2 |
Abbott
ABT
|
+$767M |
| 3 |
MHFI
MCGRAW-HILL FINANCIAL INC COM
MHFI
|
+$627M |
| 4 |
Meta Platforms (Facebook)
META
|
+$520M |
| 5 |
Nike
NKE
|
+$454M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 19.26% |
| 2 | Healthcare | 16.99% |
| 3 | Technology | 15.48% |
| 4 | Communication Services | 12.63% |
| 5 | Financials | 9.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
551
Adtran
ADTN
$629M
| $1.7M | ﹤0.01% |
+90,971
| New | +$1.73M |
|
552
Ameriprise Financial
AMP
$49.4B
| $1.7M | ﹤0.01% |
18,885
-154
| -0.8% | -$14.9K |
|
553
Acadia Realty Trust
AKR
$2.85B
| $1.5M | ﹤0.01% |
42,088
+33,860
| +412% | +$1.16M |
|
|
HPP
554
Hudson Pacific Properties
HPP
$713M
| $1.47M | ﹤0.01% |
+7,209
| New | +$1.45M |
|
555
State Street Energy Select Sector SPDR ETF
XLE
$41.2B
| $1.43M | ﹤0.01% |
41,894
-2,084
| -5% | -$68.8K |
|
|
HF
556
DELISTED
HFF Inc.
HF
| $1.32M | ﹤0.01% |
45,644
-2,561
| -5% | -$77K |
|
557
Stryker
SYK
$127B
| $1.31M | ﹤0.01% |
10,940
-16,190
| -60% | -$1.81M |
|
558
CSX Corp
CSX
$95B
| $1.23M | ﹤0.01% |
+141,321
| New | +$1.23M |
|
559
RBC Bearings
RBC
$15.8B
| $1.2M | ﹤0.01% |
16,495
-3,032
| -16% | -$222K |
|
|
AZPN
560
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $1.19M | ﹤0.01% |
29,565
+21,244
| +255% | +$855K |
|
561
Deckers Outdoor
DECK
$12B
| $1.19M | ﹤0.01% |
123,606
-6,888
| -5% | -$63.6K |
|
562
Honeywell
HON
$68.9B
| $1.15M | ﹤0.01% |
+10,995
| New | +$1.13M |
|
|
STDY
563
DELISTED
SteadyMed Ltd
STDY
| $1.15M | ﹤0.01% |
356,040
+15
| +0% | +$52 |
|
|
LHO
564
DELISTED
LaSalle Hotel Properties
LHO
| $1.13M | ﹤0.01% |
47,791
+27,358
| +134% | +$647K |
|
565
Woodward
WWD
$20.2B
| $1.12M | ﹤0.01% |
19,456
-1,085
| -5% | -$60K |
|
|
RAI
566
DELISTED
Reynolds American Inc
RAI
| $1.11M | ﹤0.01% |
20,529
-1,550,378
| -99% | -$77.9M |
|
|
NAVG
567
DELISTED
Navigators Group Inc
NAVG
| $1.08M | ﹤0.01% |
23,542
-1,334
| -5% | -$58.1K |
|
|
LVLT
568
DELISTED
Level 3 Communications Inc
LVLT
| $1.05M | ﹤0.01% |
+20,402
| New | +$1.07M |
|
569
Euronet Worldwide
EEFT
$2.62B
| $911K | ﹤0.01% |
13,160
-731
| -5% | -$55.6K |
|
570
Piper Sandler
PIPR
$5.34B
| $904K | ﹤0.01% |
95,912
-5,356
| -5% | -$56.9K |
|
571
Verizon
VZ
$208B
| $891K | ﹤0.01% |
+15,962
| New | +$828K |
|
572
Home BancShares
HOMB
$5.93B
| $866K | ﹤0.01% |
43,770
-2,422
| -5% | -$50.8K |
|
573
Ameris Bancorp
ABCB
$5.74B
| $836K | ﹤0.01% |
28,133
-1,559
| -5% | -$47.6K |
|
|
SYNH
574
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $834K | ﹤0.01% |
+21,882
| New | +$961K |
|
575
Moog Inc Class A
MOG.A
$11.9B
| $810K | ﹤0.01% |
15,015
-838
| -5% | -$42.4K |
|
Similar funds
Jennison Associates's Q2 2016 Portfolio in Review
As of Q2 2016, Jennison Associates held 691 positions worth $91.1B, down 4.3% from $95.3B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Jennison Associates withdrew a net $5.05B in Q2 2016, closing 61 positions and reducing 333 holdings. Its most notable exit was MCGRAW-HILL FINANCIAL INC COM, an estimated $627M position sold in full.
By sector, the portfolio is most concentrated in Consumer Discretionary at 19% of assets, down from 21% a quarter earlier, followed by Healthcare and Technology.
Against the trend, Jennison Associates opened a new position in S&P Global worth $677M.
- Jennison Associates's largest Q2 2016 buy was S&P Global: 6,307,763 shares worth $677M.
- Jennison Associates added most to Allergan plc in Q2 2016, an estimated $437M increase.
- Jennison Associates's biggest Q2 2016 reduction was Under Armour, cutting an estimated $1.03B.
- Jennison Associates fully exited MCGRAW-HILL FINANCIAL INC COM in Q2 2016, selling an estimated $627M.
- Jennison Associates's ten largest holdings make up 23% of its $91.1B portfolio in Q2 2016.
- Jennison Associates opened 83 new positions and closed 61 in Q2 2016.
- Jennison Associates's portfolio value fell 4.3% quarter-over-quarter to $91.1B.
Based on Jennison Associates's 13F filing for Q2 2016, filed 3 Aug 2016.