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
| 1 |
Kroger
KR
|
$608M |
| 2 |
TWX
Time Warner Inc
TWX
|
$577M |
| 3 |
AGN
Allergan plc
AGN
|
$512M |
| 4 |
NXP Semiconductors
NXPI
|
$417M |
| 5 |
Sherwin-Williams
SHW
|
$279M |
Top Sells
| 1 |
PCP
PRECISION CASTPARTS CORP
PCP
|
$880M |
| 2 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
$713M |
| 3 |
CELG
Celgene Corp
CELG
|
$382M |
| 4 |
AGN
ALLERGAN INC
AGN
|
$320M |
| 5 |
TIF
Tiffany & Co.
TIF
|
$304M |
Sector Composition
| 1 | Healthcare | 20.05% |
| 2 | Consumer Discretionary | 14.71% |
| 3 | Technology | 13% |
| 4 | Communication Services | 12.47% |
| 5 | Financials | 8.59% |