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 |
PayPal
PYPL
|
+$638M |
| 2 |
Home Depot
HD
|
+$562M |
| 3 |
Costco
COST
|
+$529M |
| 4 |
AbbVie
ABBV
|
+$493M |
| 5 |
Caterpillar
CAT
|
+$461M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$777M |
| 2 |
CELG
Celgene Corp
CELG
|
+$581M |
| 3 |
Booking.com
BKNG
|
+$579M |
| 4 |
Crown Castle
CCI
|
+$495M |
| 5 |
Regeneron Pharmaceuticals
REGN
|
+$455M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.86% |
| 2 | Consumer Discretionary | 15.64% |
| 3 | Financials | 12.8% |
| 4 | Healthcare | 12.56% |
| 5 | Communication Services | 11.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
551
Pilgrim's Pride
PPC
$6.89B
| $1.77M | ﹤0.01% |
57,059
-5,223
| -8% | -$171K |
|
552
Nu Skin
NUS
$259M
| $1.75M | ﹤0.01% |
+25,571
| New | +$1.65M |
|
553
Copa Holdings
CPA
$5.64B
| $1.74M | ﹤0.01% |
13,004
-712
| -5% | -$92.6K |
|
|
CORE
554
DELISTED
Core Mark Holding Co., Inc.
CORE
| $1.74M | ﹤0.01% |
54,989
-437,405
| -89% | -$14M |
|
555
Baxter International
BAX
$11.5B
| $1.73M | ﹤0.01% |
26,773
-1,680
| -6% | -$108K |
|
556
Group 1 Automotive
GPI
$3.69B
| $1.72M | ﹤0.01% |
24,294
-4,638
| -16% | -$353K |
|
557
Copart
CPRT
$25.5B
| $1.66M | ﹤0.01% |
+153,552
| New | +$1.49M |
|
558
Trip.com Group
TCOM
$27.9B
| $1.64M | ﹤0.01% |
37,088
+874
| +2% | +$41.8K |
|
559
Corbus Pharmaceuticals
CRBP
$166M
| $1.6M | ﹤0.01% |
+7,500
| New | +$1.61M |
|
560
Viavi Solutions
VIAV
$9.75B
| $1.59M | ﹤0.01% |
181,742
-12,505
| -6% | -$113K |
|
561
JD.com
JD
$41.4B
| $1.58M | ﹤0.01% |
38,079
+898
| +2% | +$35.3K |
|
562
Baidu
BIDU
$37.9B
| $1.5M | ﹤0.01% |
6,419
| – | – |
|
563
Cboe Global Markets
CBOE
$29.1B
| $1.28M | ﹤0.01% |
10,274
-3,697
| -26% | -$433K |
|
|
TEN
564
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $1.28M | ﹤0.01% |
21,849
-8,837
| -29% | -$522K |
|
565
Marcus & Millichap
MMI
$1.16B
| $1.26M | ﹤0.01% |
38,676
+129
| +0.3% | +$3.84K |
|
566
Moog Inc Class A
MOG.A
$12.6B
| $1.26M | ﹤0.01% |
14,458
+31
| +0.2% | +$2.66K |
|
567
Bruker
BRKR
$8.63B
| $1.23M | ﹤0.01% |
35,945
-23,758
| -40% | -$778K |
|
|
B
568
DELISTED
Barnes Group Inc.
B
| $1.23M | ﹤0.01% |
19,501
+61
| +0.3% | +$4.05K |
|
569
Ameris Bancorp
ABCB
$6.1B
| $1.22M | ﹤0.01% |
25,380
+83
| +0.3% | +$4.02K |
|
|
NAVG
570
DELISTED
Navigators Group Inc
NAVG
| $1.17M | ﹤0.01% |
23,966
+71
| +0.3% | +$3.79K |
|
571
iShares Russell Mid-Cap Growth ETF
IWP
$20.3B
| $1.15M | ﹤0.01% |
+19,128
| New | +$1.12M |
|
572
Curtiss-Wright
CW
$26.3B
| $1.15M | ﹤0.01% |
9,410
-3,489
| -27% | -$412K |
|
573
Adtran
ADTN
$944M
| $1.12M | ﹤0.01% |
57,980
-2,214
| -4% | -$49.1K |
|
574
Intuitive Surgical
ISRG
$125B
| $1.12M | ﹤0.01% |
+9,180
| New | +$1.15M |
|
575
Brinker International
EAT
$8.31B
| $1.06M | ﹤0.01% |
27,428
+5,059
| +23% | +$175K |
|
Similar funds
Jennison Associates's Q4 2017 Portfolio in Review
As of Q4 2017, Jennison Associates held 724 positions worth $101B, up 3.7% from $97.6B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Jennison Associates's Q4 2017 filing shows 76 new, 253 increased, 308 reduced and 75 closed positions. Its largest new stake was Block Inc: 2,492,825 shares worth $86.4M. The largest sale was NVIDIA, an estimated $777M.
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.
- Jennison Associates's largest Q4 2017 buy was Block Inc: 2,492,825 shares worth $86.4M.
- Jennison Associates added most to PayPal in Q4 2017, an estimated $638M increase.
- Jennison Associates's biggest Q4 2017 reduction was NVIDIA, cutting an estimated $777M.
- Jennison Associates fully exited Electronic Arts in Q4 2017, selling an estimated $113M.
- Jennison Associates's ten largest holdings make up 27% of its $101B portfolio in Q4 2017.
- Jennison Associates opened 76 new positions and closed 75 in Q4 2017.
- Jennison Associates's portfolio value rose 3.7% quarter-over-quarter to $101B.
Based on Jennison Associates's 13F filing for Q4 2017, filed 25 Jan 2018.