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 |
PNC Financial Services
PNC
|
+$630M |
| 2 |
Nike
NKE
|
+$627M |
| 3 |
XYZ
Block Inc
XYZ
|
+$306M |
| 4 |
ALXN
Alexion Pharmaceuticals
ALXN
|
+$295M |
| 5 |
FedEx
FDX
|
+$248M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.2B |
| 2 |
Meta Platforms (Facebook)
META
|
+$669M |
| 3 |
AbbVie
ABBV
|
+$567M |
| 4 |
Corning
GLW
|
+$343M |
| 5 |
McDonald's
MCD
|
+$342M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 21.06% |
| 2 | Consumer Discretionary | 16.67% |
| 3 | Financials | 13.94% |
| 4 | Healthcare | 12.79% |
| 5 | Communication Services | 11.59% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ISBC
626
DELISTED
Investors Bancorp, Inc.
ISBC
| $346K | ﹤0.01% |
25,400
-154
| -0.6% | -$2.14K |
|
627
Deckers Outdoor
DECK
$12B
| $333K | ﹤0.01% |
+22,176
| New | +$333K |
|
628
Vitamin Cottage Natural Grocers
NGVC
$633M
| $333K | ﹤0.01% |
+46,457
| New | +$356K |
|
629
Penumbra
PEN
$12.7B
| $330K | ﹤0.01% |
2,854
-1,234
| -30% | -$127K |
|
630
Coherus Oncology
CHRS
$218M
| $311K | ﹤0.01% |
+28,142
| New | +$308K |
|
631
German American Bancorp
GABC
$1.88B
| $309K | ﹤0.01% |
9,279
-57
| -0.6% | -$1.98K |
|
|
CORE
632
DELISTED
Core Mark Holding Co., Inc.
CORE
| $309K | ﹤0.01% |
14,554
-40,435
| -74% | -$912K |
|
|
HDP
633
DELISTED
Hortonworks, Inc.
HDP
| $309K | ﹤0.01% |
+15,163
| New | +$298K |
|
634
NeoGenomics
NEO
$2.32B
| $301K | ﹤0.01% |
+36,848
| New | +$299K |
|
|
FNSR
635
DELISTED
Finisar Corp
FNSR
| $299K | ﹤0.01% |
18,893
+5,136
| +37% | +$96.9K |
|
636
Intuit
INTU
$97.9B
| $289K | ﹤0.01% |
1,668
-181,536
| -99% | -$30.5M |
|
637
RLI Corp
RLI
$5.9B
| $286K | ﹤0.01% |
9,026
-1,264
| -12% | -$39K |
|
|
COUP
638
DELISTED
Coupa Software Incorporated
COUP
| $279K | ﹤0.01% |
+6,120
| New | +$251K |
|
639
Woodward
WWD
$20.2B
| $278K | ﹤0.01% |
3,874
-1,199
| -24% | -$90.3K |
|
640
Service Corp International
SCI
$11.4B
| $277K | ﹤0.01% |
7,352
+1,353
| +23% | +$52K |
|
641
Viavi Solutions
VIAV
$9.02B
| $275K | ﹤0.01% |
28,340
-153,402
| -84% | -$1.46M |
|
|
CSII
642
DELISTED
Cardiovascular Systems, Inc.
CSII
| $252K | ﹤0.01% |
11,495
-3,966
| -26% | -$95.3K |
|
|
HES
643
DELISTED
Hess
HES
| $246K | ﹤0.01% |
4,854
-13,618
| -74% | -$667K |
|
644
NOV
NOV
$7.48B
| $236K | ﹤0.01% |
6,398
-13,702
| -68% | -$502K |
|
645
Standard BioTools
LAB
$252M
| $235K | ﹤0.01% |
+40,271
| New | +$264K |
|
646
ArcelorMittal
MT
$56.1B
| $222K | ﹤0.01% |
6,966
-19,545
| -74% | -$670K |
|
647
Nucor
NUE
$56.8B
| $212K | ﹤0.01% |
3,463
-9,715
| -74% | -$643K |
|
648
PPG Industries
PPG
$25.4B
| $212K | ﹤0.01% |
1,899
-5,327
| -74% | -$615K |
|
649
Phillips 66
PSX
$97.4B
| $212K | ﹤0.01% |
2,205
-4,519
| -67% | -$440K |
|
|
B
650
Barrick Mining
B
$75.1B
| $191K | ﹤0.01% |
15,368
-43,170
| -74% | -$574K |
|
Similar funds
Jennison Associates's Q1 2018 Portfolio in Review
As of Q1 2018, Jennison Associates held 730 positions worth $101B, down 0.67% from $101B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Jennison Associates withdrew a net $4.11B in Q1 2018, closing 79 positions and reducing 339 holdings. Its most notable exit was Newell Brands, an estimated $95.7M position sold in full.
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.
Against the trend, Jennison Associates opened a new position in Emerson Electric worth $113M.
- Jennison Associates's largest Q1 2018 buy was Emerson Electric: 1,658,090 shares worth $113M.
- Jennison Associates added most to PNC Financial Services in Q1 2018, an estimated $630M increase.
- Jennison Associates's biggest Q1 2018 reduction was Apple, cutting an estimated $1.2B.
- Jennison Associates fully exited Newell Brands in Q1 2018, selling an estimated $95.7M.
- Jennison Associates's ten largest holdings make up 28% of its $101B portfolio in Q1 2018.
- Jennison Associates opened 81 new positions and closed 79 in Q1 2018.
- Jennison Associates's portfolio value fell 0.67% quarter-over-quarter to $101B.
Based on Jennison Associates's 13F filing for Q1 2018, filed 20 Apr 2018.