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 | |
|---|---|---|---|---|---|---|
701
Insulet
PODD
$11.8B
| $315K | ﹤0.01% |
9,456
-32,383
| -77% | -$1.09M |
|
|
LGF
702
DELISTED
Lions Gate Entertainment
LGF
| $312K | ﹤0.01% |
+9,206
| New | +$289K |
|
703
Brinker International
EAT
$8.82B
| $311K | ﹤0.01% |
5,046
-1,161
| -19% | -$69.9K |
|
704
Williams-Sonoma
WSM
$27.5B
| $297K | ﹤0.01% |
7,458
-464
| -6% | -$18.4K |
|
|
GNVC
705
DELISTED
GenVec, Inc.
GNVC
| $289K | ﹤0.01% |
+9,837
| New | +$323K |
|
706
Fossil Group
FOSL
$260M
| $288K | ﹤0.01% |
+3,488
| New | +$321K |
|
707
Albemarle
ALB
$13.4B
| $280K | ﹤0.01% |
5,304
-315,445
| -98% | -$17.2M |
|
708
Trip.com Group
TCOM
$29B
| $253K | ﹤0.01% |
+8,644
| New | +$209K |
|
709
AbbVie
ABBV
$465B
| – | – |
-2,217,677
| Closed | -$145M |
|
710
APA Corp
APA
$13B
| – | – |
-28,324
| Closed | -$1.77M |
|
711
Avnet
AVT
$6.86B
| – | – |
-69,168
| Closed | -$2.98M |
|
712
Boston Properties
BXP
$11.6B
| – | – |
-17,327
| Closed | -$2.23M |
|
713
Cardinal Health
CAH
$53.7B
| – | – |
-18,350
| Closed | -$1.48M |
|
714
Chefs' Warehouse
CHEF
$4.31B
| – | – |
-56,412
| Closed | -$1.3M |
|
715
CenterPoint Energy
CNP
$28.3B
| – | – |
-2,346,878
| Closed | -$55M |
|
716
Capri Holdings
CPRI
$1.82B
| – | – |
-3,788,507
| Closed | -$285M |
|
717
Cemex
CX
$16.9B
| – | – |
-15,748
| Closed | -$143K |
|
718
DuPont de Nemours
DD
$18.6B
| – | – |
-17,942
| Closed | -$2.07M |
|
719
Deere & Co
DE
$165B
| – | – |
-41,464
| Closed | -$3.67M |
|
720
HF Sinclair
DINO
$16.2B
| – | – |
-62,116
| Closed | -$2.33M |
|
|
EXAS
721
DELISTED
Exact Sciences
EXAS
| – | – |
-1,066,572
| Closed | -$29.3M |
|
722
TechnipFMC
FTI
$28.6B
| – | – |
-1,131,655
| Closed | -$39.4M |
|
723
Honeywell
HON
$76.4B
| – | – |
-22,316
| Closed | -$2M |
|
724
Helmerich & Payne
HP
$3.34B
| – | – |
-322,488
| Closed | -$21.7M |
|
725
CALL
iShares Biotechnology ETF
IBB
$9.45B
| – | – |
-5,643
| Closed | -$571K |
|
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.