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 |
Charter Communications
CHTR
|
+$601M |
| 2 |
Parker-Hannifin
PH
|
+$576M |
| 3 |
JPMorgan Chase
JPM
|
+$575M |
| 4 |
Goldman Sachs
GS
|
+$452M |
| 5 |
FedEx
FDX
|
+$371M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Biogen
BIIB
|
+$733M |
| 2 |
American Tower
AMT
|
+$684M |
| 3 |
Nike
NKE
|
+$601M |
| 4 |
AGN
Allergan plc
AGN
|
+$561M |
| 5 |
McDonald's
MCD
|
+$536M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.7% |
| 2 | Consumer Discretionary | 17.46% |
| 3 | Healthcare | 13.37% |
| 4 | Communication Services | 12.12% |
| 5 | Financials | 11.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
601
Deckers Outdoor
DECK
$13.8B
| $1.09M | ﹤0.01% |
117,726
+35,652
| +43% | +$343K |
|
602
ArcelorMittal
MT
$50.5B
| $1.07M | ﹤0.01% |
49,031
+30,534
| +165% | +$650K |
|
|
FRAN
603
DELISTED
Francesca's Holdings Corporation
FRAN
| $1.06M | ﹤0.01% |
4,901
-982
| -17% | -$204K |
|
604
Sociedad Química y Minera de Chile
SQM
$19.1B
| $1.04M | ﹤0.01% |
36,317
+25,794
| +245% | +$733K |
|
605
OceanFirst Financial
OCFC
$1.72B
| $1.04M | ﹤0.01% |
34,542
+2,942
| +9% | +$68.5K |
|
606
Baidu
BIDU
$35.2B
| $1.03M | ﹤0.01% |
+6,251
| New | +$1.06M |
|
607
Omega Healthcare
OHI
$15.5B
| $1.02M | ﹤0.01% |
+32,762
| New | +$1.01M |
|
608
ConocoPhillips
COP
$142B
| $1M | ﹤0.01% |
+20,035
| New | +$924K |
|
609
NETGEAR
NTGR
$684M
| $978K | ﹤0.01% |
17,987
+1,269
| +8% | +$67.8K |
|
610
iShares Russell Mid-Cap Growth ETF
IWP
$19.4B
| $976K | ﹤0.01% |
20,036
+13,174
| +192% | +$635K |
|
|
ANDV
611
DELISTED
Andeavor
ANDV
| $973K | ﹤0.01% |
11,124
+7,947
| +250% | +$674K |
|
|
SCAI
612
DELISTED
Surgical Care Affiliates, Inc.
SCAI
| $972K | ﹤0.01% |
21,005
+1,539
| +8% | +$68.6K |
|
|
KDNY
613
DELISTED
Chinook Therapeutics, Inc. Common Stock
KDNY
| $962K | ﹤0.01% |
+16,870
| New | +$1.02M |
|
|
BSFT
614
DELISTED
BroadSoft, Inc.
BSFT
| $956K | ﹤0.01% |
23,175
-972
| -4% | -$41.5K |
|
|
WDR
615
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $945K | ﹤0.01% |
48,426
+11,911
| +33% | +$222K |
|
616
Colgate-Palmolive
CL
$75.8B
| $944K | ﹤0.01% |
+14,422
| New | +$989K |
|
|
STDY
617
DELISTED
SteadyMed Ltd
STDY
| $942K | ﹤0.01% |
355,660
+722
| +0.2% | +$2.46K |
|
618
Moog Inc Class A
MOG.A
$13B
| $938K | ﹤0.01% |
14,288
-382
| -3% | -$24.4K |
|
619
American Express
AXP
$226B
| $930K | ﹤0.01% |
+12,553
| New | +$869K |
|
620
JD.com
JD
$43.2B
| $925K | ﹤0.01% |
36,352
+25,842
| +246% | +$673K |
|
|
B
621
DELISTED
Barnes Group Inc.
B
| $912K | ﹤0.01% |
19,239
-531
| -3% | -$23.1K |
|
622
Simon Property Group
SPG
$76.7B
| $903K | ﹤0.01% |
+5,083
| New | +$944K |
|
623
Caterpillar
CAT
$384B
| $876K | ﹤0.01% |
+9,451
| New | +$857K |
|
624
Automatic Data Processing
ADP
$106B
| $871K | ﹤0.01% |
+8,476
| New | +$791K |
|
625
Duke Energy
DUK
$103B
| $865K | ﹤0.01% |
11,145
-391,931
| -97% | -$30M |
|
Similar funds
Jennison Associates's Q4 2016 Portfolio in Review
As of Q4 2016, Jennison Associates held 857 positions worth $89.6B, down 3.4% from $92.8B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Jennison Associates withdrew a net $3.76B in Q4 2016, closing 52 positions and reducing 313 holdings. Its most notable exit was lululemon athletica, an estimated $342M position sold in full.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 18% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, Jennison Associates opened a new position in Parker-Hannifin worth $606M.
- Jennison Associates's largest Q4 2016 buy was Parker-Hannifin: 4,330,276 shares worth $606M.
- Jennison Associates added most to Charter Communications in Q4 2016, an estimated $601M increase.
- Jennison Associates's biggest Q4 2016 reduction was Biogen, cutting an estimated $733M.
- Jennison Associates fully exited lululemon athletica in Q4 2016, selling an estimated $342M.
- Jennison Associates's ten largest holdings make up 25% of its $89.6B portfolio in Q4 2016.
- Jennison Associates opened 208 new positions and closed 52 in Q4 2016.
- Jennison Associates's portfolio value fell 3.4% quarter-over-quarter to $89.6B.
Based on Jennison Associates's 13F filing for Q4 2016, filed 6 Feb 2017.