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 |
McDonald's
MCD
|
+$770M |
| 2 |
Crown Castle
CCI
|
+$678M |
| 3 |
ATVI
Activision Blizzard
ATVI
|
+$557M |
| 4 |
Vertex Pharmaceuticals
VRTX
|
+$437M |
| 5 |
BioMarin Pharmaceuticals
BMRN
|
+$305M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Nike
NKE
|
+$1.22B |
| 2 |
ALXN
Alexion Pharmaceuticals
ALXN
|
+$1.04B |
| 3 |
Amazon
AMZN
|
+$661M |
| 4 |
SHPG
Shire pic
SHPG
|
+$478M |
| 5 |
TWX
Time Warner Inc
TWX
|
+$457M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 21.25% |
| 2 | Consumer Discretionary | 17.77% |
| 3 | Healthcare | 14.23% |
| 4 | Communication Services | 13.04% |
| 5 | Financials | 10.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
576
RLI Corp
RLI
$5.9B
| $1.07M | ﹤0.01% |
39,194
+154
| +0.4% | +$4.33K |
|
|
MASI
577
DELISTED
Masimo
MASI
| $1.06M | ﹤0.01% |
11,650
+6,137
| +111% | +$563K |
|
578
Moog Inc Class A
MOG.A
$11.9B
| $1.03M | ﹤0.01% |
14,362
+55
| +0.4% | +$3.81K |
|
579
AMC Entertainment Holdings
AMC
$2.31B
| $1.02M | ﹤0.01% |
4,499
-473
| -10% | -$127K |
|
|
DFS
580
DELISTED
Discover Financial Services
DFS
| $1.01M | ﹤0.01% |
16,323
+2,326
| +17% | +$144K |
|
|
TBI
581
Trueblue
TBI
$326M
| $1M | ﹤0.01% |
37,797
+192
| +0.5% | +$5.12K |
|
|
DHC
582
Diversified Healthcare Trust
DHC
$1.85B
| $993K | ﹤0.01% |
48,601
-65,026
| -57% | -$1.39M |
|
583
Surgery Partners
SGRY
$1.79B
| $950K | ﹤0.01% |
41,737
-224,910
| -84% | -$4.62M |
|
584
PACCAR
PCAR
$66B
| $935K | ﹤0.01% |
+21,246
| New | +$918K |
|
|
DD
585
DELISTED
Du Pont De Nemours E I
DD
| $931K | ﹤0.01% |
11,540
+6,884
| +148% | +$550K |
|
|
KDNY
586
DELISTED
Chinook Therapeutics, Inc. Common Stock
KDNY
| $909K | ﹤0.01% |
15,945
-925
| -5% | -$46.4K |
|
587
Kennametal
KMT
$2.25B
| $865K | ﹤0.01% |
23,111
+15,800
| +216% | +$618K |
|
588
CVS Health
CVS
$119B
| $789K | ﹤0.01% |
9,808
-6,626
| -40% | -$523K |
|
589
Olin
OLN
$1.95B
| $757K | ﹤0.01% |
+25,000
| New | +$765K |
|
590
NETGEAR
NTGR
$573M
| $747K | ﹤0.01% |
17,331
+97
| +0.6% | +$4.44K |
|
591
Hormel Foods
HRL
$11.9B
| $735K | ﹤0.01% |
+21,548
| New | +$742K |
|
592
United Natural Foods
UNFI
$2.77B
| $716K | ﹤0.01% |
+19,520
| New | +$784K |
|
|
NFX
593
DELISTED
Newfield Exploration
NFX
| $701K | ﹤0.01% |
24,640
-638,134
| -96% | -$21M |
|
594
Mine Safety
MSA
$7.34B
| $693K | ﹤0.01% |
8,538
+26
| +0.3% | +$2.02K |
|
595
FTI Consulting
FCN
$4.25B
| $679K | ﹤0.01% |
19,428
-4,751
| -20% | -$173K |
|
596
Advanced Micro Devices
AMD
$760B
| $660K | ﹤0.01% |
52,906
-1,642,407
| -97% | -$20.1M |
|
|
CBPO
597
DELISTED
China Biologic Products Holdings, Inc.
CBPO
| $653K | ﹤0.01% |
5,775
+44
| +0.8% | +$4.92K |
|
598
Warner Bros
WBD
$72.1B
| $647K | ﹤0.01% |
25,051
+1,775
| +8% | +$48.1K |
|
599
State Street Energy Select Sector SPDR ETF
XLE
$41.2B
| $644K | ﹤0.01% |
19,840
-2,458
| -11% | -$82.6K |
|
|
ESRX
600
DELISTED
Express Scripts Holding Company
ESRX
| $631K | ﹤0.01% |
+9,888
| New | +$621K |
|
Similar funds
Jennison Associates's Q2 2017 Portfolio in Review
As of Q2 2017, Jennison Associates held 698 positions worth $94.3B, up 1.1% from $93.2B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Jennison Associates withdrew a net $3.11B in Q2 2017, closing 61 positions and reducing 332 holdings. Its most notable exit was NXP Semiconductors, an estimated $452M position sold in full.
By sector, the portfolio is most concentrated in Technology at 21% of assets, up from 21% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, Jennison Associates opened a new position in Newell Brands worth $125M.
- Jennison Associates's largest Q2 2017 buy was Newell Brands: 2,328,211 shares worth $125M.
- Jennison Associates added most to McDonald's in Q2 2017, an estimated $770M increase.
- Jennison Associates's biggest Q2 2017 reduction was Nike, cutting an estimated $1.22B.
- Jennison Associates fully exited NXP Semiconductors in Q2 2017, selling an estimated $452M.
- Jennison Associates's ten largest holdings make up 27% of its $94.3B portfolio in Q2 2017.
- Jennison Associates opened 62 new positions and closed 61 in Q2 2017.
- Jennison Associates's portfolio value rose 1.1% quarter-over-quarter to $94.3B.
Based on Jennison Associates's 13F filing for Q2 2017, filed 4 Aug 2017.