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 |
Charter Communications
CHTR
|
+$601M |
| 2 |
Parker-Hannifin
PH
|
+$576M |
| 3 |
JPMorgan Chase
JPM
|
+$575M |
| 4 |
Goldman Sachs
GS
|
+$452M |
| 5 |
FedEx
FDX
|
+$371M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Biogen
BIIB
|
+$733M |
| 2 |
American Tower
AMT
|
+$684M |
| 3 |
Nike
NKE
|
+$601M |
| 4 |
AGN
Allergan plc
AGN
|
+$561M |
| 5 |
McDonald's
MCD
|
+$536M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 18.7% |
| 2 | Consumer Discretionary | 17.46% |
| 3 | Healthcare | 13.37% |
| 4 | Communication Services | 12.12% |
| 5 | Financials | 11.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
LVLT
751
DELISTED
Level 3 Communications Inc
LVLT
| $266K | ﹤0.01% |
+4,711
| New | +$249K |
|
752
Fortive
FTV
$19.2B
| $261K | ﹤0.01% |
+7,713
| New | +$255K |
|
|
CSII
753
DELISTED
Cardiovascular Systems, Inc.
CSII
| $259K | ﹤0.01% |
+10,690
| New | +$262K |
|
754
Willis Towers Watson
WTW
$28.6B
| $257K | ﹤0.01% |
+2,099
| New | +$262K |
|
755
Bath & Body Works
BBWI
$4.13B
| $256K | ﹤0.01% |
4,807
-683,673
| -99% | -$38.9M |
|
756
Moody's
MCO
$84.2B
| $255K | ﹤0.01% |
+2,706
| New | +$273K |
|
|
WMGI
757
DELISTED
Wright Medical Group Inc
WMGI
| $254K | ﹤0.01% |
11,054
-2,343
| -17% | -$54.5K |
|
758
Digital Realty Trust
DLR
$72.4B
| $253K | ﹤0.01% |
2,571
-772,004
| -100% | -$71.8M |
|
759
Principal Financial Group
PFG
$24B
| $250K | ﹤0.01% |
+4,327
| New | +$242K |
|
|
XLNX
760
DELISTED
Xilinx Inc
XLNX
| $248K | ﹤0.01% |
+4,101
| New | +$220K |
|
761
Essex Property Trust
ESS
$18.7B
| $246K | ﹤0.01% |
+1,060
| New | +$229K |
|
|
LLTC
762
DELISTED
Linear Technology Corp
LLTC
| $242K | ﹤0.01% |
+3,878
| New | +$236K |
|
763
Agilent Technologies
A
$38.9B
| $240K | ﹤0.01% |
+5,266
| New | +$239K |
|
764
Realty Income
O
$61.1B
| $240K | ﹤0.01% |
+4,317
| New | +$242K |
|
765
Gen Digital
GEN
$16.1B
| $238K | ﹤0.01% |
+9,958
| New | +$245K |
|
766
KLA
KLAC
$266B
| $236K | ﹤0.01% |
+30,030
| New | +$229K |
|
|
GGP
767
DELISTED
GGP Inc.
GGP
| $236K | ﹤0.01% |
+9,446
| New | +$242K |
|
768
Hershey
HSY
$36.6B
| $235K | ﹤0.01% |
+2,271
| New | +$224K |
|
769
Autodesk
ADSK
$47.7B
| $234K | ﹤0.01% |
+3,159
| New | +$233K |
|
770
Huntington Bancshares
HBAN
$34.7B
| $232K | ﹤0.01% |
+17,560
| New | +$205K |
|
|
SWN
771
DELISTED
Southwestern Energy Company
SWN
| $232K | ﹤0.01% |
+21,421
| New | +$245K |
|
772
Genuine Parts
GPC
$17.6B
| $230K | ﹤0.01% |
+2,409
| New | +$230K |
|
|
CERN
773
DELISTED
Cerner Corp
CERN
| $230K | ﹤0.01% |
+4,862
| New | +$258K |
|
774
NOV
NOV
$7.35B
| $229K | ﹤0.01% |
+6,109
| New | +$223K |
|
775
Equifax
EFX
$20.8B
| $228K | ﹤0.01% |
+1,930
| New | +$236K |
|
Similar funds
Jennison Associates's Q4 2016 Portfolio in Review
As of Q4 2016, Jennison Associates held 857 positions worth $89.6B, down 3.4% from $92.8B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Jennison Associates withdrew a net $3.76B in Q4 2016, closing 52 positions and reducing 313 holdings. Its most notable exit was lululemon athletica, an estimated $342M position sold in full.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 18% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, Jennison Associates opened a new position in Parker-Hannifin worth $606M.
- Jennison Associates's largest Q4 2016 buy was Parker-Hannifin: 4,330,276 shares worth $606M.
- Jennison Associates added most to Charter Communications in Q4 2016, an estimated $601M increase.
- Jennison Associates's biggest Q4 2016 reduction was Biogen, cutting an estimated $733M.
- Jennison Associates fully exited lululemon athletica in Q4 2016, selling an estimated $342M.
- Jennison Associates's ten largest holdings make up 25% of its $89.6B portfolio in Q4 2016.
- Jennison Associates opened 208 new positions and closed 52 in Q4 2016.
- Jennison Associates's portfolio value fell 3.4% quarter-over-quarter to $89.6B.
Based on Jennison Associates's 13F filing for Q4 2016, filed 6 Feb 2017.