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 | |
|---|---|---|---|---|---|---|
651
Iron Mountain
IRM
$37.1B
| $1.15M | ﹤0.01% |
31,436
+1,473
| +5% | +$56.9K |
|
652
Resources Connection
RGP
$147M
| $1.14M | ﹤0.01% |
65,027
+1,898
| +3% | +$32.7K |
|
653
Oracle
ORCL
$367B
| $1.13M | ﹤0.01% |
26,259
-15,023
| -36% | -$651K |
|
654
Altria Group
MO
$113B
| $1.08M | ﹤0.01% |
21,636
-24,731
| -53% | -$1.31M |
|
|
HNT
655
DELISTED
HEALTH NET INC
HNT
| $1.06M | ﹤0.01% |
17,485
-11,244
| -39% | -$633K |
|
656
Ashland
ASH
$3.33B
| $1.01M | ﹤0.01% |
16,272
+1,494
| +10% | +$90.5K |
|
657
Westlake Chemical Partners
WLKP
$766M
| $998K | ﹤0.01% |
37,194
-45,736
| -55% | -$1.2M |
|
658
NETGEAR
NTGR
$616M
| $956K | ﹤0.01% |
29,076
+2,718
| +10% | +$90K |
|
|
WAIR
659
DELISTED
WESCO Aircraft Holdings Inc.
WAIR
| $930K | ﹤0.01% |
60,703
-17,868
| -23% | -$256K |
|
|
NAK
660
Northern Dynasty Minerals
NAK
$779M
| $929K | ﹤0.01% |
2,405,557
| – | – |
|
|
BERY
661
DELISTED
Berry Global Group, Inc.
BERY
| $929K | ﹤0.01% |
+27,949
| New | +$879K |
|
662
Domino's
DPZ
$11.7B
| $918K | ﹤0.01% |
9,133
+2,288
| +33% | +$230K |
|
|
BBBY
663
DELISTED
Bed Bath & Beyond Inc
BBBY
| $887K | ﹤0.01% |
+11,557
| New | +$877K |
|
|
FNGN
664
DELISTED
Financial Engines, Inc.
FNGN
| $875K | ﹤0.01% |
20,923
-4,438
| -17% | -$175K |
|
665
Crown Holdings
CCK
$12.9B
| $857K | ﹤0.01% |
+15,862
| New | +$788K |
|
666
Post Holdings
POST
$4.21B
| $824K | ﹤0.01% |
26,888
-34,440
| -56% | -$1.05M |
|
667
Evercore
EVR
$12.1B
| $812K | ﹤0.01% |
15,711
-24,608
| -61% | -$1.25M |
|
668
Kilroy Realty
KRC
$4.6B
| $795K | ﹤0.01% |
10,443
-813
| -7% | -$60.6K |
|
669
Insperity
NSP
$2.06B
| $760K | ﹤0.01% |
+29,058
| New | +$677K |
|
|
ESL
670
DELISTED
Esterline Technologies
ESL
| $738K | ﹤0.01% |
6,454
-82
| -1% | -$9.27K |
|
|
KRA
671
DELISTED
Kraton Corporation
KRA
| $731K | ﹤0.01% |
36,159
-436
| -1% | -$8.62K |
|
|
IMPV
672
DELISTED
Imperva, Inc.
IMPV
| $727K | ﹤0.01% |
17,028
-10,407
| -38% | -$463K |
|
|
BRKL
673
DELISTED
Brookline Bancorp
BRKL
| $703K | ﹤0.01% |
+69,980
| New | +$681K |
|
674
Vitamin Cottage Natural Grocers
NGVC
$741M
| $699K | ﹤0.01% |
25,311
-321
| -1% | -$9.14K |
|
|
HSII
675
DELISTED
Heidrick & Struggles
HSII
| $696K | ﹤0.01% |
+28,297
| New | +$664K |
|
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.