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 |
Qualcomm
QCOM
|
+$622M |
| 2 |
Alibaba
BABA
|
+$509M |
| 3 |
Goldman Sachs
GS
|
+$500M |
| 4 |
Microsoft
MSFT
|
+$365M |
| 5 |
Halliburton
HAL
|
+$278M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walt Disney
DIS
|
+$686M |
| 2 |
Bristol-Myers Squibb
BMY
|
+$629M |
| 3 |
Kroger
KR
|
+$617M |
| 4 |
NVO
Novo Nordisk
NVO
|
+$545M |
| 5 |
Morgan Stanley
MS
|
+$389M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 19.67% |
| 2 | Technology | 18.06% |
| 3 | Healthcare | 16.18% |
| 4 | Communication Services | 11.92% |
| 5 | Financials | 9.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
576
RBC Bearings
RBC
$18.5B
| $1.23M | ﹤0.01% |
16,124
-371
| -2% | -$28.4K |
|
577
Woodward
WWD
$25B
| $1.19M | ﹤0.01% |
19,049
-407
| -2% | -$24.5K |
|
578
FTI Consulting
FCN
$4.88B
| $1.16M | ﹤0.01% |
25,912
+15,360
| +146% | +$664K |
|
579
Piper Sandler
PIPR
$5.15B
| $1.13M | ﹤0.01% |
93,780
-2,132
| -2% | -$23.2K |
|
|
BSFT
580
DELISTED
BroadSoft, Inc.
BSFT
| $1.12M | ﹤0.01% |
24,147
+12,088
| +100% | +$539K |
|
|
LHO
581
DELISTED
LaSalle Hotel Properties
LHO
| $1.12M | ﹤0.01% |
46,740
-1,051
| -2% | -$27.7K |
|
|
NAVG
582
DELISTED
Navigators Group Inc
NAVG
| $1.11M | ﹤0.01% |
23,008
-534
| -2% | -$24.8K |
|
583
Oracle
ORCL
$345B
| $1.1M | ﹤0.01% |
+28,090
| New | +$1.14M |
|
584
Commault Systems
CVLT
$6.19B
| $1.09M | ﹤0.01% |
+20,519
| New | +$1.03M |
|
|
FRAN
585
DELISTED
Francesca's Holdings Corporation
FRAN
| $1.09M | ﹤0.01% |
5,883
+1,526
| +35% | +$250K |
|
586
Ameris Bancorp
ABCB
$5.77B
| $1.03M | ﹤0.01% |
29,604
+1,471
| +5% | +$49K |
|
587
NETGEAR
NTGR
$681M
| $1.01M | ﹤0.01% |
+16,718
| New | +$909K |
|
|
HF
588
DELISTED
HFF Inc.
HF
| $986K | ﹤0.01% |
35,609
-10,035
| -22% | -$279K |
|
|
SCAI
589
DELISTED
Surgical Care Affiliates, Inc.
SCAI
| $949K | ﹤0.01% |
19,466
+11,872
| +156% | +$547K |
|
590
Honeywell
HON
$77.9B
| $927K | ﹤0.01% |
8,849
-2,146
| -20% | -$224K |
|
|
WBMD
591
DELISTED
WebMD Health Corp.
WBMD
| $903K | ﹤0.01% |
18,167
+5,026
| +38% | +$277K |
|
592
Moog Inc Class A
MOG.A
$13.2B
| $873K | ﹤0.01% |
14,670
-345
| -2% | -$19.7K |
|
593
Home BancShares
HOMB
$6.21B
| $848K | ﹤0.01% |
40,750
-3,020
| -7% | -$64.9K |
|
594
Deckers Outdoor
DECK
$13.6B
| $815K | ﹤0.01% |
82,074
-41,532
| -34% | -$435K |
|
|
B
595
DELISTED
Barnes Group Inc.
B
| $802K | ﹤0.01% |
19,770
-432
| -2% | -$16.8K |
|
596
Southwest Airlines
LUV
$22.2B
| $792K | ﹤0.01% |
+20,376
| New | +$774K |
|
|
SAFM
597
DELISTED
Sanderson Farms Inc
SAFM
| $778K | ﹤0.01% |
8,074
+1,185
| +17% | +$109K |
|
|
IPHI
598
DELISTED
INPHI CORPORATION
IPHI
| $776K | ﹤0.01% |
17,840
+3,930
| +28% | +$152K |
|
599
Designer Brands
DBI
$298M
| $699K | ﹤0.01% |
34,117
-1,093,572
| -97% | -$25.6M |
|
600
Boston Properties
BXP
$11B
| $692K | ﹤0.01% |
+5,080
| New | +$705K |
|
Similar funds
Jennison Associates's Q3 2016 Portfolio in Review
As of Q3 2016, Jennison Associates held 716 positions worth $92.8B, up 1.8% from $91.1B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Jennison Associates withdrew a net $3.95B in Q3 2016, closing 67 positions and reducing 379 holdings. Its most notable exit was IHS INC CL-A COM STK, an estimated $131M position sold in full.
By sector, the portfolio is most concentrated in Consumer Discretionary at 20% of assets, up from 19% a quarter earlier, followed by Technology and Healthcare.
Against the trend, Jennison Associates opened a new position in FedEx worth $216M.
- Jennison Associates's largest Q3 2016 buy was FedEx: 1,233,863 shares worth $216M.
- Jennison Associates added most to Qualcomm in Q3 2016, an estimated $622M increase.
- Jennison Associates's biggest Q3 2016 reduction was Walt Disney, cutting an estimated $686M.
- Jennison Associates fully exited IHS INC CL-A COM STK in Q3 2016, selling an estimated $131M.
- Jennison Associates's ten largest holdings make up 25% of its $92.8B portfolio in Q3 2016.
- Jennison Associates opened 86 new positions and closed 67 in Q3 2016.
- Jennison Associates's portfolio value rose 1.8% quarter-over-quarter to $92.8B.
Based on Jennison Associates's 13F filing for Q3 2016, filed 1 Nov 2016.