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 |
TWX
Time Warner Inc
TWX
|
+$567M |
| 2 |
Kroger
KR
|
+$566M |
| 3 |
AGN
Allergan plc
AGN
|
+$491M |
| 4 |
NXP Semiconductors
NXPI
|
+$366M |
| 5 |
Sherwin-Williams
SHW
|
+$274M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PCP
PRECISION CASTPARTS CORP
PCP
|
+$880M |
| 2 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$731M |
| 3 |
CELG
Celgene Corp
CELG
|
+$395M |
| 4 |
AGN
Allergan Inc
AGN
|
+$320M |
| 5 |
TIF
Tiffany & Co.
TIF
|
+$309M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 20.03% |
| 2 | Consumer Discretionary | 14.7% |
| 3 | Technology | 12.89% |
| 4 | Communication Services | 12.45% |
| 5 | Financials | 8.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
626
Baxter International
BAX
$12.8B
| $1.67M | ﹤0.01% |
+44,746
| New | +$1.7M |
|
|
CHK
627
DELISTED
Chesapeake Energy Corporation
CHK
| $1.65M | ﹤0.01% |
584
+54
| +10% | +$191K |
|
|
RDS.A
628
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $1.65M | ﹤0.01% |
27,696
+2,545
| +10% | +$161K |
|
629
Sysco
SYY
$40.8B
| $1.62M | ﹤0.01% |
43,050
-19,300
| -31% | -$760K |
|
630
EQT Corp
EQT
$32.9B
| $1.61M | ﹤0.01% |
35,684
-9,642
| -21% | -$409K |
|
|
LUX
631
DELISTED
Luxottica Group
LUX
| $1.56M | ﹤0.01% |
24,930
-1,589
| -6% | -$94.8K |
|
632
Compass Minerals
CMP
$1.23B
| $1.55M | ﹤0.01% |
16,617
-8
| -0% | -$730 |
|
|
ADXS
633
DELISTED
Advaxis Inc
ADXS
| $1.46M | ﹤0.01% |
+6,733
| New | +$1.04M |
|
634
Euronet Worldwide
EEFT
$3.19B
| $1.45M | ﹤0.01% |
24,722
-347
| -1% | -$18.4K |
|
|
BKEP
635
DELISTED
Blueknight Energy Partners L.P.
BKEP
| $1.39M | ﹤0.01% |
178,818
+66,777
| +60% | +$483K |
|
636
Trex
TREX
$4.4B
| $1.37M | ﹤0.01% |
100,716
-1,252
| -1% | -$14.4K |
|
637
Oshkosh
OSK
$8.82B
| $1.36M | ﹤0.01% |
27,912
+2,676
| +11% | +$122K |
|
|
IPHI
638
DELISTED
INPHI CORPORATION
IPHI
| $1.36M | ﹤0.01% |
76,390
+5,546
| +8% | +$104K |
|
639
Plains All American Pipeline
PAA
$17.6B
| $1.35M | ﹤0.01% |
+27,683
| New | +$1.37M |
|
|
MMP
640
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $1.34M | ﹤0.01% |
17,506
+567
| +3% | +$45.3K |
|
641
Lazard
LAZ
$3.96B
| $1.34M | ﹤0.01% |
25,450
+10,569
| +71% | +$521K |
|
642
PUT
iShares Biotechnology ETF
IBB
$9.45B
| $1.34M | ﹤0.01% |
11,682
-930
| -7% | -$103K |
|
643
Ameriprise Financial
AMP
$47.8B
| $1.33M | ﹤0.01% |
+10,154
| New | +$1.34M |
|
644
WSFS Financial
WSFS
$4.14B
| $1.27M | ﹤0.01% |
50,448
-777
| -2% | -$19.8K |
|
645
Nordson
NDSN
$16.4B
| $1.27M | ﹤0.01% |
16,188
-275
| -2% | -$20.8K |
|
646
Home BancShares
HOMB
$6.3B
| $1.25M | ﹤0.01% |
73,856
-1,068
| -1% | -$16.9K |
|
|
BDBD
647
DELISTED
BOULDER BRANDS INC
BDBD
| $1.24M | ﹤0.01% |
130,428
-1,838
| -1% | -$18.8K |
|
|
NAVG
648
DELISTED
Navigators Group Inc
NAVG
| $1.21M | ﹤0.01% |
31,162
+12,584
| +68% | +$469K |
|
649
Extra Space Storage
EXR
$32.3B
| $1.2M | ﹤0.01% |
17,714
-3,898
| -18% | -$256K |
|
|
FL
650
DELISTED
Foot Locker
FL
| $1.19M | ﹤0.01% |
18,821
-3,242
| -15% | -$184K |
|
Similar funds
Jennison Associates's Q1 2015 Portfolio in Review
As of Q1 2015, Jennison Associates held 801 positions worth $109B, up 2.1% from $107B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Jennison Associates's Q1 2015 filing shows 86 new, 297 increased, 319 reduced and 92 closed positions. Its largest new stake was NXP Semiconductors: 4,151,977 shares worth $417M. The largest sale was PRECISION CASTPARTS CORP, an estimated $880M.
By sector, the portfolio is most concentrated in Healthcare at 20% of assets, up from 19% a quarter earlier, followed by Consumer Discretionary and Technology.
- Jennison Associates's largest Q1 2015 buy was NXP Semiconductors: 4,151,977 shares worth $417M.
- Jennison Associates added most to Time Warner Inc in Q1 2015, an estimated $567M increase.
- Jennison Associates's biggest Q1 2015 reduction was Twenty-First Century Fox, Inc. Class A, cutting an estimated $731M.
- Jennison Associates fully exited PRECISION CASTPARTS CORP in Q1 2015, selling an estimated $880M.
- Jennison Associates's ten largest holdings make up 21% of its $109B portfolio in Q1 2015.
- Jennison Associates opened 86 new positions and closed 92 in Q1 2015.
- Jennison Associates's portfolio value rose 2.1% quarter-over-quarter to $109B.
Based on Jennison Associates's 13F filing for Q1 2015, filed 4 May 2015.