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 | |
|---|---|---|---|---|---|---|
601
FerroAtlántica
GSM
$617M
| $687K | ﹤0.01% |
76,091
+9,364
| +14% | +$83.4K |
|
|
WDR
602
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $663K | ﹤0.01% |
+36,515
| New | +$665K |
|
|
KTWO
603
DELISTED
K2M Group Holdings, Inc
KTWO
| $615K | ﹤0.01% |
34,599
-789
| -2% | -$13.2K |
|
604
OceanFirst Financial
OCFC
$1.7B
| $609K | ﹤0.01% |
31,600
-742
| -2% | -$14.1K |
|
|
BRKL
605
DELISTED
Brookline Bancorp
BRKL
| $601K | ﹤0.01% |
49,335
-1,125
| -2% | -$13.1K |
|
|
BIG
606
DELISTED
Big Lots, Inc.
BIG
| $595K | ﹤0.01% |
+12,468
| New | +$638K |
|
|
CIR
607
DELISTED
CIRCOR International, Inc
CIR
| $579K | ﹤0.01% |
9,723
-235
| -2% | -$13.8K |
|
|
HMHC
608
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $570K | ﹤0.01% |
+42,523
| New | +$663K |
|
609
Emerson Electric
EMR
$83.6B
| $550K | ﹤0.01% |
+10,088
| New | +$541K |
|
610
Standard BioTools
LAB
$303M
| $529K | ﹤0.01% |
66,022
-3,867
| -6% | -$35.5K |
|
|
HSNI
611
DELISTED
HSN, Inc.
HSNI
| $509K | ﹤0.01% |
+12,779
| New | +$580K |
|
|
JOY
612
DELISTED
Joy Global Inc
JOY
| $499K | ﹤0.01% |
+17,997
| New | +$477K |
|
|
INVN
613
DELISTED
Invensense Inc
INVN
| $490K | ﹤0.01% |
66,091
-57,273
| -46% | -$405K |
|
614
Trip.com Group
TCOM
$28.2B
| $476K | ﹤0.01% |
10,227
-878,778
| -99% | -$39.1M |
|
|
EXAS
615
DELISTED
Exact Sciences
EXAS
| $451K | ﹤0.01% |
+24,311
| New | +$428K |
|
|
EIGI
616
DELISTED
Endurance International Group Holdings, Inc.
EIGI
| $448K | ﹤0.01% |
+51,202
| New | +$426K |
|
617
Whirlpool
WHR
$2.44B
| $404K | ﹤0.01% |
+2,491
| New | +$441K |
|
|
FLXN
618
DELISTED
Flexion Therapeutics, Inc.
FLXN
| $402K | ﹤0.01% |
+20,568
| New | +$348K |
|
619
Terreno Realty
TRNO
$7.72B
| $392K | ﹤0.01% |
14,248
-320
| -2% | -$8.57K |
|
620
Coherus Oncology
CHRS
$225M
| $386K | ﹤0.01% |
14,425
+932
| +7% | +$25.4K |
|
621
Community Health Systems
CYH
$383M
| $379K | ﹤0.01% |
+32,806
| New | +$378K |
|
|
VSI
622
DELISTED
Vitamin Shoppe Inc.
VSI
| $375K | ﹤0.01% |
+13,983
| New | +$397K |
|
623
Power Integrations
POWI
$3.53B
| $369K | ﹤0.01% |
+11,698
| New | +$332K |
|
|
RDC
624
DELISTED
Rowan Companies Plc
RDC
| $367K | ﹤0.01% |
24,224
-751,871
| -97% | -$11M |
|
625
PPG Industries
PPG
$26.4B
| $362K | ﹤0.01% |
3,503
-380
| -10% | -$39.9K |
|
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.