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 |
Alphabet (Google) Class A
GOOGL
|
+$2.04B |
| 2 |
Microsoft
MSFT
|
+$941M |
| 3 |
Alibaba
BABA
|
+$782M |
| 4 |
McDonald's
MCD
|
+$625M |
| 5 |
Home Depot
HD
|
+$409M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class C
GOOG
|
+$1.96B |
| 2 |
Chipotle Mexican Grill
CMG
|
+$765M |
| 3 |
Dollar General
DG
|
+$609M |
| 4 |
Apple
AAPL
|
+$489M |
| 5 |
AGN
Allergan plc
AGN
|
+$419M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 18.98% |
| 2 | Consumer Discretionary | 18.73% |
| 3 | Communication Services | 15.16% |
| 4 | Technology | 12.68% |
| 5 | Financials | 9.93% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
601
Nucor
NUE
$58.5B
| $829K | ﹤0.01% |
20,573
+10,784
| +110% | +$443K |
|
602
ArcelorMittal
MT
$52.3B
| $825K | ﹤0.01% |
85,486
+63,991
| +298% | +$746K |
|
603
ConocoPhillips
COP
$145B
| $813K | ﹤0.01% |
17,412
+9,823
| +129% | +$513K |
|
|
DD
604
DELISTED
Du Pont De Nemours E I
DD
| $810K | ﹤0.01% |
12,158
+5,292
| +77% | +$336K |
|
605
Encompass Health
EHC
$11B
| $808K | ﹤0.01% |
29,171
-12,569
| -30% | -$358K |
|
|
GG
606
DELISTED
Goldcorp Inc
GG
| $801K | ﹤0.01% |
69,317
+49,381
| +248% | +$628K |
|
607
Kinder Morgan
KMI
$70.5B
| $770K | ﹤0.01% |
51,610
-4,355,279
| -99% | -$104M |
|
|
BERY
608
DELISTED
Berry Global Group, Inc.
BERY
| $734K | ﹤0.01% |
22,090
+10,216
| +86% | +$324K |
|
609
Vulcan Materials
VMC
$35.2B
| $687K | ﹤0.01% |
+7,230
| New | +$701K |
|
610
Warner Bros
WBD
$63.9B
| $685K | ﹤0.01% |
+25,677
| New | +$742K |
|
611
B&G Foods
BGS
$293M
| $679K | ﹤0.01% |
+19,396
| New | +$701K |
|
612
Ameris Bancorp
ABCB
$5.88B
| $667K | ﹤0.01% |
19,634
+3,171
| +19% | +$102K |
|
|
NAK
613
Northern Dynasty Minerals
NAK
$779M
| $666K | ﹤0.01% |
2,167,843
-229,342
| -10% | -$77.7K |
|
614
Insperity
NSP
$2.06B
| $664K | ﹤0.01% |
27,594
+2,442
| +10% | +$55.4K |
|
|
RDS.A
615
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $646K | ﹤0.01% |
14,117
+8,442
| +149% | +$424K |
|
616
City Holding Co
CHCO
$2.04B
| $636K | ﹤0.01% |
13,929
+6,952
| +100% | +$334K |
|
617
Ingredion
INGR
$6.33B
| $578K | ﹤0.01% |
+6,029
| New | +$571K |
|
618
Steven Madden
SHOO
$3.5B
| $575K | ﹤0.01% |
+28,547
| New | +$634K |
|
619
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.6B
| $549K | ﹤0.01% |
+2,160
| New | +$562K |
|
|
THR
620
DELISTED
Thermon Group Holdings
THR
| $539K | ﹤0.01% |
31,856
-1,794
| -5% | -$34.1K |
|
621
Danaher
DHR
$138B
| $528K | ﹤0.01% |
8,458
-41,834
| -83% | -$2.62M |
|
622
Home BancShares
HOMB
$6.25B
| $528K | ﹤0.01% |
26,078
-16,220
| -38% | -$346K |
|
623
HealthEquity
HQY
$8.44B
| $525K | ﹤0.01% |
20,932
+10,956
| +110% | +$337K |
|
624
WSFS Financial
WSFS
$4.1B
| $518K | ﹤0.01% |
16,004
-14,032
| -47% | -$448K |
|
|
HSII
625
DELISTED
Heidrick & Struggles
HSII
| $517K | ﹤0.01% |
18,990
+3,974
| +26% | +$104K |
|
Similar funds
Jennison Associates's Q4 2015 Portfolio in Review
As of Q4 2015, Jennison Associates held 786 positions worth $102B, up 4.4% from $97.6B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Jennison Associates's Q4 2015 filing shows 65 new, 298 increased, 279 reduced and 131 closed positions. Its largest new stake was Alphabet (Google) Class A: 55,026,880 shares worth $2.14B. The largest sale was Alphabet (Google) Class C, an estimated $1.96B.
By sector, the portfolio is most concentrated in Healthcare at 19% of assets, down from 19% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q4 2015 buy was Alphabet (Google) Class A: 55,026,880 shares worth $2.14B.
- Jennison Associates added most to Microsoft in Q4 2015, an estimated $941M increase.
- Jennison Associates's biggest Q4 2015 reduction was Alphabet (Google) Class C, cutting an estimated $1.96B.
- Jennison Associates fully exited Chipotle Mexican Grill in Q4 2015, selling an estimated $765M.
- Jennison Associates's ten largest holdings make up 23% of its $102B portfolio in Q4 2015.
- Jennison Associates opened 65 new positions and closed 131 in Q4 2015.
- Jennison Associates's portfolio value rose 4.4% quarter-over-quarter to $102B.
Based on Jennison Associates's 13F filing for Q4 2015, filed 10 Feb 2016.