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 |
TWX
Time Warner Inc
TWX
|
+$567M |
| 2 |
Kroger
KR
|
+$566M |
| 3 |
AGN
Allergan plc
AGN
|
+$491M |
| 4 |
NXP Semiconductors
NXPI
|
+$366M |
| 5 |
Sherwin-Williams
SHW
|
+$274M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PCP
PRECISION CASTPARTS CORP
PCP
|
+$880M |
| 2 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$731M |
| 3 |
CELG
Celgene Corp
CELG
|
+$395M |
| 4 |
AGN
Allergan Inc
AGN
|
+$320M |
| 5 |
TIF
Tiffany & Co.
TIF
|
+$309M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 20.03% |
| 2 | Consumer Discretionary | 14.7% |
| 3 | Technology | 12.89% |
| 4 | Communication Services | 12.45% |
| 5 | Financials | 8.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
576
State Street SPDR S&P Metals & Mining ETF
XME
$3.92B
| $2.69M | ﹤0.01% |
98,973
+32,390
| +49% | +$912K |
|
577
iShares Russell 1000 Growth ETF
IWF
$120B
| $2.66M | ﹤0.01% |
107,724
-77,860
| -42% | -$1.9M |
|
578
DexCom
DXCM
$28.8B
| $2.56M | ﹤0.01% |
164,308
-81,344
| -33% | -$1.23M |
|
579
Woodward
WWD
$21.2B
| $2.55M | ﹤0.01% |
50,077
-1,256
| -2% | -$59.9K |
|
580
Glacier Bancorp
GBCI
$6.38B
| $2.53M | ﹤0.01% |
100,521
+24,561
| +32% | +$608K |
|
|
BHI
581
DELISTED
Baker Hughes
BHI
| $2.5M | ﹤0.01% |
39,271
+3,607
| +10% | +$218K |
|
|
HF
582
DELISTED
HFF Inc.
HF
| $2.46M | ﹤0.01% |
65,475
+234
| +0.4% | +$8.41K |
|
|
ETP
583
DELISTED
Energy Transfer Partners, L.P.
ETP
| $2.44M | ﹤0.01% |
58,936
+9,236
| +19% | +$391K |
|
|
INFN
584
DELISTED
Infinera Corporation Common Stock
INFN
| $2.43M | ﹤0.01% |
123,657
-2,950
| -2% | -$49.6K |
|
585
Cheesecake Factory
CAKE
$5.03B
| $2.43M | ﹤0.01% |
49,285
-737,238
| -94% | -$37.2M |
|
586
State Street Energy Select Sector SPDR ETF
XLE
$39.2B
| $2.41M | ﹤0.01% |
62,172
+13,226
| +27% | +$512K |
|
587
Enterprise Products Partners
EPD
$82.5B
| $2.38M | ﹤0.01% |
72,288
+34,030
| +89% | +$1.14M |
|
588
NETSCOUT
NTCT
$2.91B
| $2.33M | ﹤0.01% |
53,111
-164,440
| -76% | -$6.37M |
|
|
SMC
589
Summit Midstream
SMC
$421M
| $2.31M | ﹤0.01% |
4,790
+1,741
| +57% | +$926K |
|
|
RATE
590
DELISTED
Bankrate Inc
RATE
| $2.28M | ﹤0.01% |
201,442
-1,648,745
| -89% | -$20.5M |
|
591
Nucor
NUE
$58.5B
| $2.27M | ﹤0.01% |
47,776
+4,389
| +10% | +$205K |
|
|
RVNC
592
DELISTED
Revance Therapeutics, Inc.
RVNC
| $2.27M | ﹤0.01% |
109,367
+242
| +0.2% | +$4.18K |
|
593
Crane NXT
CXT
$2.97B
| $2.27M | ﹤0.01% |
104,490
-1,444,757
| -93% | -$31.5M |
|
|
DST
594
DELISTED
DST Systems Inc.
DST
| $2.25M | ﹤0.01% |
40,716
-2,018
| -5% | -$104K |
|
|
TVRD
595
Tvardi Therapeutics
TVRD
$19.7M
| $2.25M | ﹤0.01% |
6,216
+19
| +0.3% | +$7.19K |
|
596
Jack in the Box
JACK
$312M
| $2.24M | ﹤0.01% |
23,389
-731
| -3% | -$66.3K |
|
597
PPG Industries
PPG
$25B
| $2.22M | ﹤0.01% |
19,688
+1,808
| +10% | +$207K |
|
598
Manhattan Associates
MANH
$11.1B
| $2.21M | ﹤0.01% |
43,736
-5,746
| -12% | -$277K |
|
599
Zumiez
ZUMZ
$334M
| $2.18M | ﹤0.01% |
54,233
+8,861
| +20% | +$344K |
|
|
CTRA
600
DELISTED
Coterra Energy
CTRA
| $2.17M | ﹤0.01% |
73,654
+6,767
| +10% | +$192K |
|
Similar funds
Jennison Associates's Q1 2015 Portfolio in Review
As of Q1 2015, Jennison Associates held 801 positions worth $109B, up 2.1% from $107B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Jennison Associates's Q1 2015 filing shows 86 new, 297 increased, 319 reduced and 92 closed positions. Its largest new stake was NXP Semiconductors: 4,151,977 shares worth $417M. The largest sale was PRECISION CASTPARTS CORP, an estimated $880M.
By sector, the portfolio is most concentrated in Healthcare at 20% of assets, up from 19% a quarter earlier, followed by Consumer Discretionary and Technology.
- Jennison Associates's largest Q1 2015 buy was NXP Semiconductors: 4,151,977 shares worth $417M.
- Jennison Associates added most to Time Warner Inc in Q1 2015, an estimated $567M increase.
- Jennison Associates's biggest Q1 2015 reduction was Twenty-First Century Fox, Inc. Class A, cutting an estimated $731M.
- Jennison Associates fully exited PRECISION CASTPARTS CORP in Q1 2015, selling an estimated $880M.
- Jennison Associates's ten largest holdings make up 21% of its $109B portfolio in Q1 2015.
- Jennison Associates opened 86 new positions and closed 92 in Q1 2015.
- Jennison Associates's portfolio value rose 2.1% quarter-over-quarter to $109B.
Based on Jennison Associates's 13F filing for Q1 2015, filed 4 May 2015.