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 |
lululemon athletica
LULU
|
+$545M |
| 2 |
Danaher
DHR
|
+$429M |
| 3 |
PayPal
PYPL
|
+$426M |
| 4 |
XYZ
Block Inc
XYZ
|
+$397M |
| 5 |
Intuitive Surgical
ISRG
|
+$389M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Goldman Sachs
GS
|
+$724M |
| 2 |
McDonald's
MCD
|
+$704M |
| 3 |
UnitedHealth
UNH
|
+$675M |
| 4 |
JPMorgan Chase
JPM
|
+$570M |
| 5 |
Booking.com
BKNG
|
+$559M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 21.98% |
| 2 | Healthcare | 17.07% |
| 3 | Consumer Discretionary | 16.52% |
| 4 | Financials | 12.13% |
| 5 | Communication Services | 11.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
551
Evertec
EVTC
$1.88B
| $931K | ﹤0.01% |
33,464
-527
| -2% | -$14.9K |
|
552
MasTec
MTZ
$21.1B
| $924K | ﹤0.01% |
19,212
+4,422
| +30% | +$199K |
|
553
Match Group
MTCH
$9.19B
| $923K | ﹤0.01% |
+16,310
| New | +$863K |
|
554
Atkore
ATKR
$2.46B
| $914K | ﹤0.01% |
+42,472
| New | +$949K |
|
|
GHDX
555
DELISTED
Genomic Health, Inc.
GHDX
| $910K | ﹤0.01% |
+12,988
| New | +$963K |
|
556
Credicorp
BAP
$31.8B
| $909K | ﹤0.01% |
3,790
| – | – |
|
557
Ethan Allen Interiors
ETD
$570M
| $908K | ﹤0.01% |
+47,449
| New | +$906K |
|
558
OFG Bancorp
OFG
$2.23B
| $886K | ﹤0.01% |
44,765
-21,181
| -32% | -$410K |
|
|
NCI
559
DELISTED
Navigant Consulting, Inc.
NCI
| $879K | ﹤0.01% |
45,145
-20,343
| -31% | -$475K |
|
560
SPX Corp
SPXC
$11B
| $877K | ﹤0.01% |
25,221
+6,880
| +38% | +$224K |
|
561
Trip.com Group
TCOM
$29.6B
| $870K | ﹤0.01% |
19,908
| – | – |
|
|
KW
562
DELISTED
Kennedy-Wilson Holdings
KW
| $862K | ﹤0.01% |
40,304
+327
| +0.8% | +$6.63K |
|
563
Archrock
AROC
$6.27B
| $860K | ﹤0.01% |
87,936
+34,507
| +65% | +$330K |
|
564
Stride
LRN
$3.41B
| $838K | ﹤0.01% |
24,565
+1,019
| +4% | +$31.1K |
|
565
Stoneridge
SRI
$195M
| $829K | ﹤0.01% |
28,731
+2,576
| +10% | +$70.4K |
|
566
Brinker International
EAT
$9.17B
| $828K | ﹤0.01% |
+18,649
| New | +$841K |
|
567
BJ's Restaurants
BJRI
$1.42B
| $823K | ﹤0.01% |
17,410
+5,079
| +41% | +$255K |
|
568
Wolverine World Wide
WWW
$1.61B
| $819K | ﹤0.01% |
22,923
+1,770
| +8% | +$61.8K |
|
|
AXE
569
DELISTED
Anixter International Inc
AXE
| $817K | ﹤0.01% |
14,562
-134,665
| -90% | -$7.87M |
|
570
NeoGenomics
NEO
$1.96B
| $816K | ﹤0.01% |
39,879
-7,699
| -16% | -$134K |
|
571
Pinduoduo
PDD
$126B
| $807K | ﹤0.01% |
+32,530
| New | +$873K |
|
|
MSGN
572
DELISTED
MSG Networks Inc.
MSGN
| $801K | ﹤0.01% |
36,824
+5,119
| +16% | +$118K |
|
|
CPE
573
DELISTED
Callon Petroleum Company
CPE
| $797K | ﹤0.01% |
+10,558
| New | +$818K |
|
|
MRC
574
DELISTED
MRC Global
MRC
| $792K | ﹤0.01% |
45,314
+11,657
| +35% | +$190K |
|
575
Biogen
BIIB
$30B
| $788K | ﹤0.01% |
+3,332
| New | +$1.05M |
|
Similar funds
Jennison Associates's Q1 2019 Portfolio in Review
As of Q1 2019, Jennison Associates held 723 positions worth $101B, up 13% from $89.4B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Jennison Associates withdrew a net $3.72B in Q1 2019, closing 96 positions and reducing 294 holdings. Its most notable exit was Booking.com, an estimated $559M position sold in full.
By sector, the portfolio is most concentrated in Technology at 22% of assets, up from 21% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Jennison Associates opened a new position in Danaher worth $490M.
- Jennison Associates's largest Q1 2019 buy was Danaher: 4,186,042 shares worth $490M.
- Jennison Associates added most to lululemon athletica in Q1 2019, an estimated $545M increase.
- Jennison Associates's biggest Q1 2019 reduction was Goldman Sachs, cutting an estimated $724M.
- Jennison Associates fully exited Booking.com in Q1 2019, selling an estimated $559M.
- Jennison Associates's ten largest holdings make up 31% of its $101B portfolio in Q1 2019.
- Jennison Associates opened 83 new positions and closed 96 in Q1 2019.
- Jennison Associates's portfolio value rose 13% quarter-over-quarter to $101B.
Based on Jennison Associates's 13F filing for Q1 2019, filed 10 May 2019.