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 | |
|---|---|---|---|---|---|---|
601
Credicorp
BAP
$29.3B
| $614K | ﹤0.01% |
3,424
+26
| +0.8% | +$4.34K |
|
602
Woodward
WWD
$20.2B
| $609K | ﹤0.01% |
9,009
+34
| +0.4% | +$2.32K |
|
|
RAI
603
DELISTED
Reynolds American Inc
RAI
| $606K | ﹤0.01% |
9,315
-312
| -3% | -$20.4K |
|
|
HSNI
604
DELISTED
HSN, Inc.
HSNI
| $596K | ﹤0.01% |
18,675
+6,769
| +57% | +$234K |
|
605
Vera Bradley
VRA
$94.1M
| $576K | ﹤0.01% |
58,877
+260
| +0.4% | +$2.27K |
|
|
AMED
606
DELISTED
Amedisys
AMED
| $558K | ﹤0.01% |
8,890
-13,350
| -60% | -$777K |
|
|
CIR
607
DELISTED
CIRCOR International, Inc
CIR
| $542K | ﹤0.01% |
9,124
+34
| +0.4% | +$2.13K |
|
608
Fossil Group
FOSL
$316M
| $507K | ﹤0.01% |
48,994
+20,200
| +70% | +$273K |
|
609
Steven Madden
SHOO
$3.24B
| $473K | ﹤0.01% |
17,751
+66
| +0.4% | +$1.68K |
|
|
PPBI
610
DELISTED
Pacific Premier Bancorp
PPBI
| $466K | ﹤0.01% |
+12,618
| New | +$454K |
|
|
HOLX
611
DELISTED
Hologic
HOLX
| $454K | ﹤0.01% |
+9,997
| New | +$441K |
|
|
ESL
612
DELISTED
Esterline Technologies
ESL
| $434K | ﹤0.01% |
+4,574
| New | +$425K |
|
613
Phillips 66
PSX
$97.4B
| $431K | ﹤0.01% |
5,211
-263
| -5% | -$20.6K |
|
614
Silicon Laboratories
SLAB
$7.29B
| $429K | ﹤0.01% |
+6,270
| New | +$453K |
|
615
PPG Industries
PPG
$25.4B
| $424K | ﹤0.01% |
3,852
-261
| -6% | -$28.2K |
|
616
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$46.7B
| $417K | ﹤0.01% |
+4,560
| New | +$417K |
|
617
Nucor
NUE
$56.8B
| $413K | ﹤0.01% |
7,140
+99
| +1% | +$5.81K |
|
|
CSII
618
DELISTED
Cardiovascular Systems, Inc.
CSII
| $405K | ﹤0.01% |
12,567
+2,323
| +23% | +$70.8K |
|
619
Power Integrations
POWI
$2.88B
| $395K | ﹤0.01% |
10,848
+46
| +0.4% | +$1.52K |
|
620
ArcelorMittal
MT
$56.1B
| $371K | ﹤0.01% |
16,327
+570
| +4% | +$12.8K |
|
621
General Mills
GIS
$22.2B
| $369K | ﹤0.01% |
+6,656
| New | +$380K |
|
622
Occidental Petroleum
OXY
$59.1B
| $359K | ﹤0.01% |
6,004
-378,065
| -98% | -$23.1M |
|
623
Penumbra
PEN
$12.7B
| $354K | ﹤0.01% |
4,031
-6
| -0.1% | -$510 |
|
|
MRO
624
DELISTED
Marathon Oil Corporation
MRO
| $349K | ﹤0.01% |
29,468
-1,494,231
| -98% | -$20.9M |
|
625
G-III Apparel Group
GIII
$1.41B
| $342K | ﹤0.01% |
+13,702
| New | +$318K |
|
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.