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 |
Merck
MRK
|
+$891M |
| 2 |
Union Pacific
UNP
|
+$622M |
| 3 |
Salesforce
CRM
|
+$418M |
| 4 |
Edwards Lifesciences
EW
|
+$405M |
| 5 |
lululemon athletica
LULU
|
+$347M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Caterpillar
CAT
|
+$680M |
| 2 |
Texas Instruments
TXN
|
+$585M |
| 3 |
RHT
Red Hat Inc
RHT
|
+$571M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$558M |
| 5 |
Parker-Hannifin
PH
|
+$556M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 21.09% |
| 2 | Healthcare | 17.49% |
| 3 | Consumer Discretionary | 17.05% |
| 4 | Financials | 12.69% |
| 5 | Communication Services | 11.35% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
551
Nexstar Media Group
NXST
$5.88B
| $851K | ﹤0.01% |
10,820
+5,392
| +99% | +$427K |
|
552
Credicorp
BAP
$32B
| $840K | ﹤0.01% |
3,790
+72
| +2% | +$15.9K |
|
|
IPG
553
DELISTED
Interpublic Group of Companies
IPG
| $836K | ﹤0.01% |
40,541
+13,195
| +48% | +$301K |
|
554
Globus Medical
GMED
$10.9B
| $835K | ﹤0.01% |
19,302
+2,620
| +16% | +$131K |
|
555
Home BancShares
HOMB
$6.25B
| $825K | ﹤0.01% |
+50,485
| New | +$959K |
|
556
Helix Energy Solutions
HLX
$1.36B
| $819K | ﹤0.01% |
151,333
+98,962
| +189% | +$806K |
|
|
LTC
557
LTC Properties
LTC
$2.06B
| $793K | ﹤0.01% |
+19,014
| New | +$833K |
|
558
Amkor Technology
AMKR
$12B
| $769K | ﹤0.01% |
117,261
+53,545
| +84% | +$353K |
|
|
AMED
559
DELISTED
Amedisys
AMED
| $750K | ﹤0.01% |
6,408
+126
| +2% | +$14.9K |
|
|
MSGN
560
DELISTED
MSG Networks Inc.
MSGN
| $747K | ﹤0.01% |
+31,705
| New | +$809K |
|
561
Medpace
MEDP
$16.1B
| $738K | ﹤0.01% |
13,942
+260
| +2% | +$14.3K |
|
|
KW
562
DELISTED
Kennedy-Wilson Holdings
KW
| $726K | ﹤0.01% |
39,977
+10,552
| +36% | +$202K |
|
563
Ferrari
RACE
$69.9B
| $716K | ﹤0.01% |
7,196
+3,896
| +118% | +$437K |
|
564
Intuit
INTU
$86.3B
| $710K | ﹤0.01% |
3,607
-89
| -2% | -$18.5K |
|
565
TTM Technologies
TTMI
$12B
| $703K | ﹤0.01% |
72,295
+37,570
| +108% | +$461K |
|
566
Wolverine World Wide
WWW
$1.64B
| $675K | ﹤0.01% |
+21,153
| New | +$720K |
|
567
PagSeguro Digital
PAGS
$2.75B
| $674K | ﹤0.01% |
36,011
+687
| +2% | +$16.9K |
|
568
Cars.com
CARS
$664M
| $669K | ﹤0.01% |
31,138
+15,413
| +98% | +$385K |
|
569
The Ensign Group
ENSG
$10.4B
| $663K | ﹤0.01% |
+18,270
| New | +$712K |
|
570
Hamilton Lane
HLNE
$3.89B
| $662K | ﹤0.01% |
17,889
+352
| +2% | +$13.2K |
|
571
Federated Hermes
FHI
$4.51B
| $661K | ﹤0.01% |
+24,904
| New | +$619K |
|
|
XHR
572
Xenia Hotels & Resorts
XHR
$1.85B
| $652K | ﹤0.01% |
+37,931
| New | +$771K |
|
573
The Greenbrier Companies
GBX
$1.52B
| $651K | ﹤0.01% |
16,469
-5,644
| -26% | -$278K |
|
574
Stoneridge
SRI
$200M
| $645K | ﹤0.01% |
+26,155
| New | +$665K |
|
575
First Financial Bancorp
FFBC
$3.55B
| $643K | ﹤0.01% |
+27,104
| New | +$715K |
|
Similar funds
Jennison Associates's Q4 2018 Portfolio in Review
As of Q4 2018, Jennison Associates held 753 positions worth $89.4B, down 18% from $109B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Jennison Associates's Q4 2018 filing shows 95 new, 255 increased, 283 reduced and 113 closed positions. Its largest new stake was lululemon athletica: 2,588,881 shares worth $315M. The largest sale was Caterpillar, an estimated $680M.
By sector, the portfolio is most concentrated in Technology at 21% of assets, down from 22% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- Jennison Associates's largest Q4 2018 buy was lululemon athletica: 2,588,881 shares worth $315M.
- Jennison Associates added most to Merck in Q4 2018, an estimated $891M increase.
- Jennison Associates's biggest Q4 2018 reduction was Caterpillar, cutting an estimated $680M.
- Jennison Associates fully exited Tiffany & Co. in Q4 2018, selling an estimated $151M.
- Jennison Associates's ten largest holdings make up 30% of its $89.4B portfolio in Q4 2018.
- Jennison Associates opened 95 new positions and closed 113 in Q4 2018.
- Jennison Associates's portfolio value fell 18% quarter-over-quarter to $89.4B.
Based on Jennison Associates's 13F filing for Q4 2018, filed 6 Feb 2019.