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 | |
|---|---|---|---|---|---|---|
601
Newmont
NEM
$101B
| $2.17M | ﹤0.01% |
100,092
-1,397
| -1% | -$32.7K |
|
602
ConocoPhillips
COP
$145B
| $2.17M | ﹤0.01% |
34,794
+2,939
| +9% | +$190K |
|
603
MACOM Technology Solutions
MTSI
$19B
| $2.17M | ﹤0.01% |
+58,094
| New | +$1.94M |
|
604
Dorman Products
DORM
$3.98B
| $2.14M | ﹤0.01% |
43,015
-274,610
| -86% | -$12.9M |
|
605
Keurig Dr Pepper
KDP
$43B
| $2.14M | ﹤0.01% |
+27,253
| New | +$2.11M |
|
606
Meritage Homes
MTH
$4.72B
| $2.12M | ﹤0.01% |
87,090
-4,372
| -5% | -$88.3K |
|
607
Renasant Corp
RNST
$3.96B
| $2.11M | ﹤0.01% |
70,185
+50,881
| +264% | +$1.43M |
|
608
Fulton Financial
FULT
$4.66B
| $2.04M | ﹤0.01% |
165,338
+42,058
| +34% | +$504K |
|
609
USA Compression Partners
USAC
$3.79B
| $2.02M | ﹤0.01% |
98,454
+3,323
| +3% | +$62.4K |
|
|
SFG
610
DELISTED
STANCORP FINL GRP
SFG
| $2.01M | ﹤0.01% |
29,306
-504
| -2% | -$33.5K |
|
611
Franklin Resources
BEN
$17.2B
| $1.99M | ﹤0.01% |
38,801
-24,824
| -39% | -$1.32M |
|
|
DD
612
DELISTED
Du Pont De Nemours E I
DD
| $1.91M | ﹤0.01% |
+28,134
| New | +$2.01M |
|
613
Amgen
AMGN
$209B
| $1.91M | ﹤0.01% |
11,934
-4,857
| -29% | -$765K |
|
|
RMP
614
DELISTED
Rice Midstream Partners LP
RMP
| $1.89M | ﹤0.01% |
133,598
-974,522
| -88% | -$14M |
|
|
CLR
615
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $1.88M | ﹤0.01% |
43,089
+3,956
| +10% | +$168K |
|
616
PUT
iShares US Healthcare ETF
IYH
$3.39B
| $1.81M | ﹤0.01% |
58,630
+7,385
| +14% | +$223K |
|
617
Alcoa
AA
$11.9B
| $1.8M | ﹤0.01% |
57,872
+5,315
| +10% | +$191K |
|
618
Lennar Class A
LEN
$20.2B
| $1.8M | ﹤0.01% |
36,431
+2,113
| +6% | +$96.2K |
|
|
MRSH
619
Marsh
MRSH
$91.4B
| $1.79M | ﹤0.01% |
31,968
-31,501
| -50% | -$1.78M |
|
620
ArcelorMittal
MT
$52.3B
| $1.79M | ﹤0.01% |
83,163
+7,639
| +10% | +$179K |
|
|
GG
621
DELISTED
Goldcorp Inc
GG
| $1.76M | ﹤0.01% |
97,301
+8,939
| +10% | +$190K |
|
|
JIVE
622
DELISTED
Jive Software, Inc.
JIVE
| $1.75M | ﹤0.01% |
342,117
-34,329
| -9% | -$187K |
|
623
Reinsurance Group of America
RGA
$15.6B
| $1.75M | ﹤0.01% |
+18,771
| New | +$1.66M |
|
624
Norfolk Southern
NSC
$75B
| $1.69M | ﹤0.01% |
+16,389
| New | +$1.75M |
|
625
BJ's Restaurants
BJRI
$1.56B
| $1.67M | ﹤0.01% |
33,071
+12,067
| +57% | +$594K |
|
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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.