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 |
S&P Global
SPGI
|
+$677M |
| 2 |
AGN
Allergan plc
AGN
|
+$437M |
| 3 |
Qualcomm
QCOM
|
+$387M |
| 4 |
lululemon athletica
LULU
|
+$366M |
| 5 |
NVIDIA
NVDA
|
+$330M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Under Armour
UAA
|
+$1.03B |
| 2 |
Abbott
ABT
|
+$767M |
| 3 |
MHFI
MCGRAW-HILL FINANCIAL INC COM
MHFI
|
+$627M |
| 4 |
Meta Platforms (Facebook)
META
|
+$520M |
| 5 |
Nike
NKE
|
+$454M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 19.26% |
| 2 | Healthcare | 16.99% |
| 3 | Technology | 15.48% |
| 4 | Communication Services | 12.63% |
| 5 | Financials | 9.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
TEN
576
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $798K | ﹤0.01% |
17,116
+4,549
| +36% | +$233K |
|
|
TERP
577
DELISTED
TerraForm Power, Inc
TERP
| $790K | ﹤0.01% |
72,476
+25,855
| +55% | +$239K |
|
578
HCA Healthcare
HCA
$90.5B
| $787K | ﹤0.01% |
+10,214
| New | +$806K |
|
|
WBMD
579
DELISTED
WebMD Health Corp.
WBMD
| $764K | ﹤0.01% |
13,141
+7,463
| +131% | +$467K |
|
580
Ciena
CIEN
$53.6B
| $757K | ﹤0.01% |
+40,395
| New | +$732K |
|
|
INVN
581
DELISTED
Invensense Inc
INVN
| $756K | ﹤0.01% |
+123,364
| New | +$852K |
|
|
LUX
582
DELISTED
Luxottica Group
LUX
| $750K | ﹤0.01% |
15,353
-5,937
| -28% | -$319K |
|
|
B
583
DELISTED
Barnes Group Inc.
B
| $669K | ﹤0.01% |
20,202
-181,845
| -90% | -$6.18M |
|
584
Newmont
NEM
$135B
| $633K | ﹤0.01% |
+16,177
| New | +$536K |
|
585
Standard BioTools
LAB
$252M
| $631K | ﹤0.01% |
69,889
-1,131,504
| -94% | -$10.6M |
|
|
SAFM
586
DELISTED
Sanderson Farms Inc
SAFM
| $597K | ﹤0.01% |
+6,889
| New | +$607K |
|
587
OceanFirst Financial
OCFC
$1.82B
| $588K | ﹤0.01% |
32,342
+6,902
| +27% | +$126K |
|
|
LNCE
588
DELISTED
Snyders-Lance, Inc.
LNCE
| $581K | ﹤0.01% |
+17,157
| New | +$543K |
|
|
FRAN
589
DELISTED
Francesca's Holdings Corporation
FRAN
| $578K | ﹤0.01% |
4,357
+2,956
| +211% | +$492K |
|
590
FerroAtlántica
GSM
$761M
| $575K | ﹤0.01% |
66,727
-467,998
| -88% | -$4.29M |
|
|
CIR
591
DELISTED
CIRCOR International, Inc
CIR
| $568K | ﹤0.01% |
9,958
-540
| -5% | -$29K |
|
|
BRKL
592
DELISTED
Brookline Bancorp
BRKL
| $557K | ﹤0.01% |
50,460
+6,221
| +14% | +$69.5K |
|
|
NAK
593
Northern Dynasty Minerals
NAK
$944M
| $552K | ﹤0.01% |
1,780,964
| – | – |
|
|
KTWO
594
DELISTED
K2M Group Holdings, Inc
KTWO
| $549K | ﹤0.01% |
+35,388
| New | +$499K |
|
595
Nucor
NUE
$56.8B
| $538K | ﹤0.01% |
+10,895
| New | +$531K |
|
|
GG
596
DELISTED
Goldcorp Inc
GG
| $514K | ﹤0.01% |
+26,867
| New | +$476K |
|
597
Kinder Morgan
KMI
$70.3B
| $512K | ﹤0.01% |
+27,330
| New | +$487K |
|
598
MarketAxess Holdings
MKTX
$5.73B
| $511K | ﹤0.01% |
+3,512
| New | +$467K |
|
599
Semtech
SMTC
$12.2B
| $507K | ﹤0.01% |
21,247
+9,032
| +74% | +$205K |
|
600
WSFS Financial
WSFS
$4B
| $505K | ﹤0.01% |
15,702
-875
| -5% | -$29.8K |
|
Similar funds
Jennison Associates's Q2 2016 Portfolio in Review
As of Q2 2016, Jennison Associates held 691 positions worth $91.1B, down 4.3% from $95.3B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Jennison Associates withdrew a net $5.05B in Q2 2016, closing 61 positions and reducing 333 holdings. Its most notable exit was MCGRAW-HILL FINANCIAL INC COM, an estimated $627M position sold in full.
By sector, the portfolio is most concentrated in Consumer Discretionary at 19% of assets, down from 21% a quarter earlier, followed by Healthcare and Technology.
Against the trend, Jennison Associates opened a new position in S&P Global worth $677M.
- Jennison Associates's largest Q2 2016 buy was S&P Global: 6,307,763 shares worth $677M.
- Jennison Associates added most to Allergan plc in Q2 2016, an estimated $437M increase.
- Jennison Associates's biggest Q2 2016 reduction was Under Armour, cutting an estimated $1.03B.
- Jennison Associates fully exited MCGRAW-HILL FINANCIAL INC COM in Q2 2016, selling an estimated $627M.
- Jennison Associates's ten largest holdings make up 23% of its $91.1B portfolio in Q2 2016.
- Jennison Associates opened 83 new positions and closed 61 in Q2 2016.
- Jennison Associates's portfolio value fell 4.3% quarter-over-quarter to $91.1B.
Based on Jennison Associates's 13F filing for Q2 2016, filed 3 Aug 2016.