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 | |
|---|---|---|---|---|---|---|
701
HealthEquity
HQY
$8.71B
| $295K | ﹤0.01% |
+9,976
| New | +$314K |
|
|
HSII
702
DELISTED
Heidrick & Struggles
HSII
| $292K | ﹤0.01% |
15,016
-14,289
| -49% | -$308K |
|
|
BSFT
703
DELISTED
BroadSoft, Inc.
BSFT
| $291K | ﹤0.01% |
9,719
-23,309
| -71% | -$760K |
|
|
IPHI
704
DELISTED
INPHI CORPORATION
IPHI
| $290K | ﹤0.01% |
12,051
-28,373
| -70% | -$651K |
|
705
Kinross Gold
KGC
$27.7B
| $278K | ﹤0.01% |
161,354
-6,786,019
| -98% | -$12.4M |
|
|
PDCO
706
DELISTED
Patterson Companies, Inc.
PDCO
| $277K | ﹤0.01% |
+6,408
| New | +$306K |
|
|
TMX
707
DELISTED
Terminix Global Holdings, Inc.
TMX
| $270K | ﹤0.01% |
+12,001
| New | +$287K |
|
|
RDS.A
708
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $269K | ﹤0.01% |
5,675
-17,654
| -76% | -$946K |
|
709
InspireMD
NSPR
$31.4M
| – | – |
0
| – | – |
|
710
EQT Corp
EQT
$32.9B
| $258K | ﹤0.01% |
7,309
-22,746
| -76% | -$928K |
|
|
WOOF
711
DELISTED
VCA Inc.
WOOF
| $258K | ﹤0.01% |
+4,898
| New | +$274K |
|
|
CLR
712
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $256K | ﹤0.01% |
8,829
-27,468
| -76% | -$893K |
|
713
ArcelorMittal
MT
$49.5B
| $253K | ﹤0.01% |
21,495
-66,870
| -76% | -$1.24M |
|
|
GG
714
DELISTED
Goldcorp Inc
GG
| $250K | ﹤0.01% |
19,936
-62,022
| -76% | -$867K |
|
715
Sally Beauty Holdings
SBH
$1.47B
| $241K | ﹤0.01% |
+10,163
| New | +$281K |
|
|
WUBA
716
DELISTED
58.com Inc
WUBA
| $230K | ﹤0.01% |
+4,892
| New | +$254K |
|
|
GNVC
717
DELISTED
GenVec, Inc.
GNVC
| $227K | ﹤0.01% |
9,837
| – | – |
|
|
CBPO
718
DELISTED
China Biologic Products Holdings, Inc.
CBPO
| $215K | ﹤0.01% |
2,397
| – | – |
|
|
SPNC
719
DELISTED
Spectranetics Corp
SPNC
| $213K | ﹤0.01% |
18,080
-723,674
| -98% | -$13M |
|
720
HDFC Bank
HDB
$123B
| $201K | ﹤0.01% |
+13,160
| New | +$199K |
|
|
NVTA
721
DELISTED
Invitae Corporation
NVTA
| $190K | ﹤0.01% |
26,344
+83
| +0.3% | +$873 |
|
722
Accenture
ACN
$106B
| – | – |
-16,190
| Closed | -$1.57M |
|
723
Archer Daniels Midland
ADM
$38.7B
| – | – |
-70,603
| Closed | -$3.4M |
|
724
Akamai
AKAM
$15.6B
| – | – |
-14,531
| Closed | -$1.01M |
|
725
Alaska Air
ALK
$5.11B
| – | – |
-17,814
| Closed | -$1.15M |
|
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.