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 |
Alphabet (Google) Class C
GOOG
|
+$820M |
| 2 |
Palo Alto Networks
PANW
|
+$358M |
| 3 |
Visa
V
|
+$355M |
| 4 |
CELG
Celgene Corp
CELG
|
+$339M |
| 5 |
Citigroup
C
|
+$325M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Gilead Sciences
GILD
|
+$722M |
| 2 |
Vertex Pharmaceuticals
VRTX
|
+$356M |
| 3 |
Alibaba
BABA
|
+$345M |
| 4 |
EOG Resources
EOG
|
+$344M |
| 5 |
Canadian Pacific Kansas City
CP
|
+$321M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 19.08% |
| 2 | Consumer Discretionary | 17.25% |
| 3 | Communication Services | 14.3% |
| 4 | Technology | 13.13% |
| 5 | Financials | 9.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
676
Woodward
WWD
$23B
| $432K | ﹤0.01% |
10,608
-37,445
| -78% | -$1.77M |
|
|
BHI
677
DELISTED
Baker Hughes
BHI
| $419K | ﹤0.01% |
8,045
-25,034
| -76% | -$1.4M |
|
678
Jack in the Box
JACK
$314M
| $418K | ﹤0.01% |
5,427
-14,549
| -73% | -$1.24M |
|
|
SFG
679
DELISTED
STANCORP FINL GRP
SFG
| $411K | ﹤0.01% |
3,595
-24,600
| -87% | -$2.58M |
|
|
HNT
680
DELISTED
HEALTH NET INC
HNT
| $396K | ﹤0.01% |
6,570
-10,507
| -62% | -$696K |
|
681
American Eagle Outfitters
AEO
$2.94B
| $384K | ﹤0.01% |
24,589
-68,151
| -73% | -$1.16M |
|
682
BJ's Restaurants
BJRI
$1.47B
| $371K | ﹤0.01% |
8,615
-16,925
| -66% | -$794K |
|
683
NOV
NOV
$6.84B
| $371K | ﹤0.01% |
9,859
-64,596
| -87% | -$2.64M |
|
684
Nucor
NUE
$58.3B
| $368K | ﹤0.01% |
9,789
-30,453
| -76% | -$1.31M |
|
685
ConocoPhillips
COP
$144B
| $364K | ﹤0.01% |
7,589
-21,809
| -74% | -$1.11M |
|
|
BRKL
686
DELISTED
Brookline Bancorp
BRKL
| $363K | ﹤0.01% |
35,794
-47,405
| -57% | -$515K |
|
687
Ecolab
ECL
$79.8B
| $362K | ﹤0.01% |
+3,301
| New | +$369K |
|
688
Valero Energy
VLO
$89.5B
| $362K | ﹤0.01% |
6,017
-41,869
| -87% | -$2.66M |
|
689
PPG Industries
PPG
$24.9B
| $354K | ﹤0.01% |
4,034
-12,549
| -76% | -$1.28M |
|
690
Alcoa
AA
$11.3B
| $353K | ﹤0.01% |
15,191
-47,259
| -76% | -$1.11M |
|
691
City Holding Co
CHCO
$2.05B
| $344K | ﹤0.01% |
6,977
-980
| -12% | -$47.6K |
|
|
HDS
692
DELISTED
HD Supply Holdings, Inc.
HDS
| $341K | ﹤0.01% |
+11,927
| New | +$400K |
|
693
Community Health Systems
CYH
$382M
| $333K | ﹤0.01% |
9,427
+3,088
| +49% | +$142K |
|
|
DD
694
DELISTED
Du Pont De Nemours E I
DD
| $331K | ﹤0.01% |
6,866
-22,856
| -77% | -$1.22M |
|
|
CTRA
695
DELISTED
Coterra Energy
CTRA
| $330K | ﹤0.01% |
15,092
-46,948
| -76% | -$1.2M |
|
696
Newmont
NEM
$96.2B
| $330K | ﹤0.01% |
20,509
-63,800
| -76% | -$1.14M |
|
|
BERY
697
DELISTED
Berry Global Group, Inc.
BERY
| $328K | ﹤0.01% |
11,874
-36,764
| -76% | -$1.06M |
|
698
Cheniere Energy
LNG
$54.2B
| $320K | ﹤0.01% |
6,624
-20,606
| -76% | -$1.27M |
|
699
Iron Mountain
IRM
$35.9B
| $316K | ﹤0.01% |
10,176
-39,108
| -79% | -$1.17M |
|
700
Trip.com Group
TCOM
$29B
| $299K | ﹤0.01% |
9,474
| – | – |
|
Similar funds
Jennison Associates's Q3 2015 Portfolio in Review
As of Q3 2015, Jennison Associates held 813 positions worth $97.6B, down 11% from $109B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Jennison Associates's Q3 2015 filing shows 84 new, 272 increased, 353 reduced and 92 closed positions. Its largest new stake was Palo Alto Networks: 12,124,434 shares worth $348M. The largest sale was Gilead Sciences, an estimated $722M.
By sector, the portfolio is most concentrated in Healthcare at 19% of assets, down from 21% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q3 2015 buy was Palo Alto Networks: 12,124,434 shares worth $348M.
- Jennison Associates added most to Alphabet (Google) Class C in Q3 2015, an estimated $820M increase.
- Jennison Associates's biggest Q3 2015 reduction was Gilead Sciences, cutting an estimated $722M.
- Jennison Associates fully exited KRAFT FOODS GROUP INC COM STK (VA) in Q3 2015, selling an estimated $144M.
- Jennison Associates's ten largest holdings make up 24% of its $97.6B portfolio in Q3 2015.
- Jennison Associates opened 84 new positions and closed 92 in Q3 2015.
- Jennison Associates's portfolio value fell 11% quarter-over-quarter to $97.6B.
Based on Jennison Associates's 13F filing for Q3 2015, filed 6 Nov 2015.