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 |
Broadcom
AVGO
|
+$781M |
| 2 |
Nike
NKE
|
+$773M |
| 3 |
ATVI
Activision Blizzard
ATVI
|
+$536M |
| 4 |
Texas Instruments
TXN
|
+$493M |
| 5 |
AGN
Allergan plc
AGN
|
+$379M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Starbucks
SBUX
|
+$1.07B |
| 2 |
Qualcomm
QCOM
|
+$673M |
| 3 |
TJX Companies
TJX
|
+$603M |
| 4 |
NVIDIA
NVDA
|
+$431M |
| 5 |
Regeneron Pharmaceuticals
REGN
|
+$429M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.31% |
| 2 | Consumer Discretionary | 17.37% |
| 3 | Healthcare | 13.5% |
| 4 | Communication Services | 13.08% |
| 5 | Financials | 10.43% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
576
CALL
PTC Therapeutics
PTCT
$6.29B
| $984K | ﹤0.01% |
+100,000
| New | +$1.21M |
|
577
Invesco
IVZ
$13.3B
| $970K | ﹤0.01% |
31,665
-10,661
| -25% | -$333K |
|
578
Moog Inc Class A
MOG.A
$13.2B
| $964K | ﹤0.01% |
14,307
+19
| +0.1% | +$1.26K |
|
|
DFS
579
DELISTED
Discover Financial Services
DFS
| $957K | ﹤0.01% |
13,997
-39,399
| -74% | -$2.77M |
|
|
KDNY
580
DELISTED
Chinook Therapeutics, Inc. Common Stock
KDNY
| $907K | ﹤0.01% |
16,870
| – | – |
|
581
Erie Indemnity
ERIE
$11.9B
| $891K | ﹤0.01% |
+7,262
| New | +$846K |
|
582
PUT
iShares US Healthcare ETF
IYH
$3.38B
| $855K | ﹤0.01% |
27,445
-143,985
| -84% | -$4.39M |
|
583
NETGEAR
NTGR
$681M
| $854K | ﹤0.01% |
17,234
-753
| -4% | -$41.1K |
|
584
Keurig Dr Pepper
KDP
$41B
| $833K | ﹤0.01% |
8,509
-28,824
| -77% | -$2.69M |
|
585
Darden Restaurants
DRI
$23.4B
| $831K | ﹤0.01% |
+9,927
| New | +$743K |
|
586
Atara Biotherapeutics
ATRA
$69.5M
| $829K | ﹤0.01% |
+1,614
| New | +$668K |
|
|
BSFT
587
DELISTED
BroadSoft, Inc.
BSFT
| $799K | ﹤0.01% |
19,866
-3,309
| -14% | -$141K |
|
588
APA Corp
APA
$12.3B
| $798K | ﹤0.01% |
15,523
-40,913
| -72% | -$2.3M |
|
|
IPG
589
DELISTED
Interpublic Group of Companies
IPG
| $797K | ﹤0.01% |
+32,418
| New | +$778K |
|
590
State Street Energy Select Sector SPDR ETF
XLE
$38.8B
| $779K | ﹤0.01% |
22,298
-15,024
| -40% | -$543K |
|
591
Lincoln National
LNC
$7.88B
| $754K | ﹤0.01% |
11,519
-17,067
| -60% | -$1.17M |
|
|
BRKL
592
DELISTED
Brookline Bancorp
BRKL
| $720K | ﹤0.01% |
45,976
-2,032
| -4% | -$32K |
|
|
MRNS
593
DELISTED
Marinus Pharmaceuticals, Inc
MRNS
| $690K | ﹤0.01% |
+97,516
| New | +$524K |
|
594
Warner Bros
WBD
$63.4B
| $677K | ﹤0.01% |
23,276
-68,407
| -75% | -$1.92M |
|
|
MRSH
595
Marsh
MRSH
$87.5B
| $666K | ﹤0.01% |
9,010
-8,893
| -50% | -$635K |
|
|
KTWO
596
DELISTED
K2M Group Holdings, Inc
KTWO
| $662K | ﹤0.01% |
32,255
-1,410
| -4% | -$28.9K |
|
597
PepsiCo
PEP
$191B
| $631K | ﹤0.01% |
5,645
-32,480
| -85% | -$3.48M |
|
598
Woodward
WWD
$25B
| $610K | ﹤0.01% |
8,975
-9,561
| -52% | -$661K |
|
|
RAI
599
DELISTED
Reynolds American Inc
RAI
| $607K | ﹤0.01% |
9,627
-13,071
| -58% | -$785K |
|
600
Mine Safety
MSA
$6.78B
| $602K | ﹤0.01% |
+8,512
| New | +$595K |
|
Similar funds
Jennison Associates's Q1 2017 Portfolio in Review
As of Q1 2017, Jennison Associates held 861 positions worth $93.2B, up 4.1% from $89.6B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Jennison Associates withdrew a net $4.47B in Q1 2017, closing 224 positions and reducing 376 holdings. Its most notable exit was Mobileye N.V., an estimated $165M position sold in full.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 19% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, Jennison Associates opened a new position in Snap worth $119M.
- Jennison Associates's largest Q1 2017 buy was Snap: 5,289,727 shares worth $119M.
- Jennison Associates added most to Broadcom in Q1 2017, an estimated $781M increase.
- Jennison Associates's biggest Q1 2017 reduction was Starbucks, cutting an estimated $1.07B.
- Jennison Associates fully exited Mobileye N.V. in Q1 2017, selling an estimated $165M.
- Jennison Associates's ten largest holdings make up 26% of its $93.2B portfolio in Q1 2017.
- Jennison Associates opened 55 new positions and closed 224 in Q1 2017.
- Jennison Associates's portfolio value rose 4.1% quarter-over-quarter to $93.2B.
Based on Jennison Associates's 13F filing for Q1 2017, filed 28 Apr 2017.