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 |
PayPal
PYPL
|
+$638M |
| 2 |
Home Depot
HD
|
+$562M |
| 3 |
Costco
COST
|
+$529M |
| 4 |
AbbVie
ABBV
|
+$493M |
| 5 |
Caterpillar
CAT
|
+$461M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$777M |
| 2 |
CELG
Celgene Corp
CELG
|
+$581M |
| 3 |
Booking.com
BKNG
|
+$579M |
| 4 |
Crown Castle
CCI
|
+$495M |
| 5 |
Regeneron Pharmaceuticals
REGN
|
+$455M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.86% |
| 2 | Consumer Discretionary | 15.64% |
| 3 | Financials | 12.8% |
| 4 | Healthcare | 12.56% |
| 5 | Communication Services | 11.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
FRAN
601
DELISTED
Francesca's Holdings Corporation
FRAN
| $780K | ﹤0.01% |
8,895
+3,621
| +69% | +$304K |
|
602
3M
MMM
$89B
| $773K | ﹤0.01% |
+3,930
| New | +$756K |
|
|
DST
603
DELISTED
DST Systems Inc.
DST
| $747K | ﹤0.01% |
+12,040
| New | +$714K |
|
604
Credicorp
BAP
$30.9B
| $741K | ﹤0.01% |
3,574
+84
| +2% | +$17.4K |
|
605
NOV
NOV
$7.45B
| $724K | ﹤0.01% |
+20,100
| New | +$680K |
|
|
MRO
606
DELISTED
Marathon Oil Corporation
MRO
| $705K | ﹤0.01% |
41,646
+26,637
| +177% | +$396K |
|
607
Watts Water Technologies
WTS
$11.5B
| $682K | ﹤0.01% |
8,984
+18
| +0.2% | +$1.28K |
|
608
Asbury Automotive
ABG
$4.19B
| $681K | ﹤0.01% |
+10,646
| New | +$665K |
|
609
Phillips 66
PSX
$82.9B
| $680K | ﹤0.01% |
6,724
+1,507
| +29% | +$143K |
|
|
ORBC
610
DELISTED
ORBCOMM, Inc.
ORBC
| $678K | ﹤0.01% |
66,589
-31,642
| -32% | -$334K |
|
611
Mine Safety
MSA
$6.74B
| $665K | ﹤0.01% |
8,579
+13
| +0.2% | +$1.04K |
|
|
CTLT
612
DELISTED
CATALENT, INC.
CTLT
| $657K | ﹤0.01% |
15,993
+8,407
| +111% | +$342K |
|
|
BIG
613
DELISTED
Big Lots, Inc.
BIG
| $652K | ﹤0.01% |
+11,605
| New | +$629K |
|
|
CALA
614
DELISTED
Calithera Biosciences, Inc
CALA
| $651K | ﹤0.01% |
+3,895
| New | +$997K |
|
615
Altria Group
MO
$122B
| $603K | ﹤0.01% |
8,438
-30,126
| -78% | -$2.02M |
|
616
Mettler-Toledo International
MTD
$26.8B
| $602K | ﹤0.01% |
972
-2,305
| -70% | -$1.47M |
|
617
Yum China
YUMC
$14.9B
| $600K | ﹤0.01% |
+14,995
| New | +$617K |
|
618
Crown Holdings
CCK
$12.8B
| $591K | ﹤0.01% |
+10,502
| New | +$621K |
|
619
PepsiCo
PEP
$186B
| $590K | ﹤0.01% |
+4,918
| New | +$562K |
|
620
VeriSign
VRSN
$25.3B
| $587K | ﹤0.01% |
+5,127
| New | +$572K |
|
621
Gilead Sciences
GILD
$161B
| $576K | ﹤0.01% |
8,036
-15,969
| -67% | -$1.21M |
|
622
OceanFirst Financial
OCFC
$1.7B
| $563K | ﹤0.01% |
21,444
+10,419
| +95% | +$284K |
|
623
Silicon Laboratories
SLAB
$7.15B
| $557K | ﹤0.01% |
6,309
+22
| +0.3% | +$1.98K |
|
624
Steven Madden
SHOO
$3.12B
| $554K | ﹤0.01% |
17,793
+60
| +0.3% | +$1.68K |
|
|
SBNY
625
DELISTED
Signature Bank
SBNY
| $550K | ﹤0.01% |
4,010
-262,909
| -98% | -$34.6M |
|
Similar funds
Jennison Associates's Q4 2017 Portfolio in Review
As of Q4 2017, Jennison Associates held 724 positions worth $101B, up 3.7% from $97.6B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Jennison Associates's Q4 2017 filing shows 76 new, 253 increased, 308 reduced and 75 closed positions. Its largest new stake was Block Inc: 2,492,825 shares worth $86.4M. The largest sale was NVIDIA, an estimated $777M.
By sector, the portfolio is most concentrated in Technology at 21% of assets, down from 21% a quarter earlier, followed by Consumer Discretionary and Financials.
- Jennison Associates's largest Q4 2017 buy was Block Inc: 2,492,825 shares worth $86.4M.
- Jennison Associates added most to PayPal in Q4 2017, an estimated $638M increase.
- Jennison Associates's biggest Q4 2017 reduction was NVIDIA, cutting an estimated $777M.
- Jennison Associates fully exited Electronic Arts in Q4 2017, selling an estimated $113M.
- Jennison Associates's ten largest holdings make up 27% of its $101B portfolio in Q4 2017.
- Jennison Associates opened 76 new positions and closed 75 in Q4 2017.
- Jennison Associates's portfolio value rose 3.7% quarter-over-quarter to $101B.
Based on Jennison Associates's 13F filing for Q4 2017, filed 25 Jan 2018.