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
|
+$2.43B |
| 2 |
Apple
AAPL
|
+$2.15B |
| 3 |
Mastercard
MA
|
+$2.02B |
| 4 |
Amazon
AMZN
|
+$1.9B |
| 5 |
MON
Monsanto Co
MON
|
+$1.61B |
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 17.84% |
| 2 | Consumer Discretionary | 14.63% |
| 3 | Technology | 11.15% |
| 4 | Energy | 10.33% |
| 5 | Communication Services | 9.28% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
Canadian Pacific Kansas City
CP
$82.7B
| $499M | 0.56% |
+20,561,410
| New | +$517M |
|
52
SBA Communications
SBAC
$20.3B
| $482M | 0.54% |
+6,509,562
| New | +$496M |
|
53
American Tower
AMT
$82.1B
| $480M | 0.54% |
+6,563,753
| New | +$522M |
|
|
BRCM
54
DELISTED
BROADCOM CORP CL-A
BRCM
| $476M | 0.54% |
+14,086,655
| New | +$491M |
|
55
Perrigo
PRGO
$2.01B
| $472M | 0.53% |
+3,904,171
| New | +$463M |
|
|
ARMH
56
DELISTED
ARM HOLDINGS PLC ADS
ARMH
| $452M | 0.51% |
+12,487,074
| New | +$537M |
|
57
Workday
WDAY
$49.3B
| $415M | 0.47% |
+6,470,035
| New | +$406M |
|
58
Warner Bros
WBD
$72.1B
| $411M | 0.46% |
+10,426,916
| New | +$416M |
|
59
BioMarin Pharmaceuticals
BMRN
$12.5B
| $404M | 0.45% |
+7,233,923
| New | +$451M |
|
|
CELG
60
DELISTED
Celgene Corp
CELG
| $402M | 0.45% |
+6,883,514
| New | +$414M |
|
|
APC
61
DELISTED
Anadarko Petroleum
APC
| $401M | 0.45% |
+4,664,668
| New | +$402M |
|
|
KSU
62
DELISTED
Kansas City Southern
KSU
| $395M | 0.44% |
+3,727,211
| New | +$405M |
|
|
CAM
63
DELISTED
CAMERON INTERNATIONAL CORPORATION
CAM
| $392M | 0.44% |
+6,410,054
| New | +$399M |
|
|
SPLK
64
DELISTED
Splunk Inc
SPLK
| $365M | 0.41% |
+7,863,670
| New | +$339M |
|
65
Broadcom
AVGO
$1.75T
| $354M | 0.4% |
+94,795,170
| New | +$331M |
|
|
RAX
66
DELISTED
Rackspace Hosting Inc
RAX
| $344M | 0.39% |
+9,090,598
| New | +$382M |
|
67
Halliburton
HAL
$30.1B
| $334M | 0.38% |
+8,010,607
| New | +$335M |
|
68
Universal Health Services
UHS
$10.1B
| $331M | 0.37% |
+4,949,953
| New | +$327M |
|
|
MRO
69
DELISTED
Marathon Oil Corporation
MRO
| $320M | 0.36% |
+9,253,823
| New | +$313M |
|
70
MetLife
MET
$61.3B
| $310M | 0.35% |
+7,591,022
| New | +$279M |
|
|
DNR
71
DELISTED
Denbury Resources, Inc.
DNR
| $309M | 0.35% |
+17,832,453
| New | +$320M |
|
72
Capri Holdings
CPRI
$1.53B
| $299M | 0.34% |
+4,822,665
| New | +$282M |
|
73
Wells Fargo
WFC
$262B
| $294M | 0.33% |
+7,133,714
| New | +$278M |
|
74
TransDigm Group
TDG
$65.6B
| $288M | 0.32% |
+1,837,525
| New | +$276M |
|
75
Targa Resources
TRGP
$61.7B
| $286M | 0.32% |
+4,448,104
| New | +$296M |
|
Similar funds
Jennison Associates's Q2 2013 Portfolio in Review
Q2 2013 is the first quarter with a 13F filing on record for Jennison Associates, which disclosed 672 positions worth $88.9B. Its ten largest holdings account for 19% of the portfolio.
Its largest position is Alphabet (Google) Class C: 114,976,230 shares worth $2.52B.
By sector, the portfolio is most concentrated in Healthcare at 18% of assets, followed by Consumer Discretionary and Technology.
- Jennison Associates's largest Q2 2013 buy was Alphabet (Google) Class C: 114,976,230 shares worth $2.52B.
- Jennison Associates's ten largest holdings make up 19% of its $88.9B portfolio in Q2 2013.
- Jennison Associates disclosed 672 positions in Q2 2013, its first 13F filing on record.
Based on Jennison Associates's 13F filing for Q2 2013, filed 5 Aug 2013.