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 |
McDonald's
MCD
|
+$770M |
| 2 |
Crown Castle
CCI
|
+$678M |
| 3 |
ATVI
Activision Blizzard
ATVI
|
+$557M |
| 4 |
Vertex Pharmaceuticals
VRTX
|
+$437M |
| 5 |
BioMarin Pharmaceuticals
BMRN
|
+$305M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Nike
NKE
|
+$1.22B |
| 2 |
ALXN
Alexion Pharmaceuticals
ALXN
|
+$1.04B |
| 3 |
Amazon
AMZN
|
+$661M |
| 4 |
SHPG
Shire pic
SHPG
|
+$478M |
| 5 |
TWX
Time Warner Inc
TWX
|
+$457M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 21.25% |
| 2 | Consumer Discretionary | 17.77% |
| 3 | Healthcare | 14.23% |
| 4 | Communication Services | 13.04% |
| 5 | Financials | 10.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
551
Intel
INTC
$473B
| $1.5M | ﹤0.01% |
44,423
-4,939
| -10% | -$177K |
|
552
JD.com
JD
$38.8B
| $1.43M | ﹤0.01% |
36,469
+277
| +0.8% | +$10.5K |
|
553
Wave Life Sciences
WVE
$993M
| $1.4M | ﹤0.01% |
75,435
| – | – |
|
554
Verizon
VZ
$208B
| $1.36M | ﹤0.01% |
30,446
-16,740
| -35% | -$780K |
|
555
Adtran
ADTN
$629M
| $1.36M | ﹤0.01% |
65,674
-3,268
| -5% | -$65.4K |
|
|
HF
556
DELISTED
HFF Inc.
HF
| $1.34M | ﹤0.01% |
38,481
+1,082
| +3% | +$33.3K |
|
557
Ameris Bancorp
ABCB
$5.74B
| $1.34M | ﹤0.01% |
27,731
+136
| +0.5% | +$6.25K |
|
|
NAVG
558
DELISTED
Navigators Group Inc
NAVG
| $1.31M | ﹤0.01% |
23,862
+2,357
| +11% | +$125K |
|
559
Provident Financial Services
PFS
$3.07B
| $1.3M | ﹤0.01% |
51,163
+2,497
| +5% | +$62K |
|
560
Keurig Dr Pepper
KDP
$43.8B
| $1.29M | ﹤0.01% |
14,218
+5,709
| +67% | +$534K |
|
561
Waters Corp
WAT
$40.7B
| $1.29M | ﹤0.01% |
+6,999
| New | +$1.22M |
|
562
Azenta
AZTA
$1.44B
| $1.25M | ﹤0.01% |
57,673
-15,563
| -21% | -$394K |
|
|
NXTM
563
DELISTED
NxStage Medical Inc.
NXTM
| $1.23M | ﹤0.01% |
48,901
-602,321
| -92% | -$14.9M |
|
564
Sociedad Química y Minera de Chile
SQM
$22.5B
| $1.22M | ﹤0.01% |
37,080
+278
| +0.8% | +$9.77K |
|
565
Erie Indemnity
ERIE
$13.6B
| $1.22M | ﹤0.01% |
9,773
+2,511
| +35% | +$303K |
|
566
Curtiss-Wright
CW
$22B
| $1.18M | ﹤0.01% |
12,873
-346,917
| -96% | -$31.3M |
|
|
B
567
DELISTED
Barnes Group Inc.
B
| $1.14M | ﹤0.01% |
19,427
+89
| +0.5% | +$4.92K |
|
|
KTWO
568
DELISTED
K2M Group Holdings, Inc
KTWO
| $1.13M | ﹤0.01% |
46,552
+14,297
| +44% | +$318K |
|
569
Baidu
BIDU
$32.9B
| $1.13M | ﹤0.01% |
6,296
-283,128
| -98% | -$51.3M |
|
|
MRNS
570
DELISTED
Marinus Pharmaceuticals, Inc
MRNS
| $1.11M | ﹤0.01% |
202,916
+105,400
| +108% | +$570K |
|
|
WBA
571
DELISTED
Walgreens Boots Alliance
WBA
| $1.11M | ﹤0.01% |
+14,172
| New | +$1.17M |
|
572
Williams-Sonoma
WSM
$27.7B
| $1.11M | ﹤0.01% |
+45,664
| New | +$1.17M |
|
573
Viavi Solutions
VIAV
$9.02B
| $1.09M | ﹤0.01% |
103,963
-30,670
| -23% | -$330K |
|
|
TPH
574
DELISTED
Tri Pointe Homes
TPH
| $1.08M | ﹤0.01% |
+81,843
| New | +$1.02M |
|
575
Walt Disney
DIS
$187B
| $1.07M | ﹤0.01% |
10,105
-12,391
| -55% | -$1.36M |
|
Similar funds
Jennison Associates's Q2 2017 Portfolio in Review
As of Q2 2017, Jennison Associates held 698 positions worth $94.3B, up 1.1% from $93.2B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Jennison Associates withdrew a net $3.11B in Q2 2017, closing 61 positions and reducing 332 holdings. Its most notable exit was NXP Semiconductors, an estimated $452M position sold in full.
By sector, the portfolio is most concentrated in Technology at 21% of assets, up from 21% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, Jennison Associates opened a new position in Newell Brands worth $125M.
- Jennison Associates's largest Q2 2017 buy was Newell Brands: 2,328,211 shares worth $125M.
- Jennison Associates added most to McDonald's in Q2 2017, an estimated $770M increase.
- Jennison Associates's biggest Q2 2017 reduction was Nike, cutting an estimated $1.22B.
- Jennison Associates fully exited NXP Semiconductors in Q2 2017, selling an estimated $452M.
- Jennison Associates's ten largest holdings make up 27% of its $94.3B portfolio in Q2 2017.
- Jennison Associates opened 62 new positions and closed 61 in Q2 2017.
- Jennison Associates's portfolio value rose 1.1% quarter-over-quarter to $94.3B.
Based on Jennison Associates's 13F filing for Q2 2017, filed 4 Aug 2017.