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 | 20.43% |
| 2 | Consumer Discretionary | 15.4% |
| 3 | Technology | 13.31% |
| 4 | Communication Services | 12.45% |
| 5 | Financials | 8.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
FMC
FMC
$1.42B
| $294M | 0.27% |
5,912,572
+1,110,116
| +23% | +$57.9M |
|
77
Microsoft
MSFT
$3.81T
| $289M | 0.26% |
7,111,539
+221,977
| +3% | +$9.66M |
|
78
FirstEnergy
FE
$26.5B
| $282M | 0.26% |
8,030,377
+894,661
| +13% | +$33.5M |
|
|
79
Sherwin-Williams
SHW
$83.7B
| $279M | 0.26% |
+2,942,445
| New | +$274M |
|
80
MetLife
MET
$61.3B
| $279M | 0.26% |
6,182,669
-568,049
| -8% | -$25.5M |
|
|
AY
81
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $265M | 0.24% |
7,855,454
+2,054,386
| +35% | +$67M |
|
82
Hain Celestial
HAIN
$66.1M
| $258M | 0.24% |
4,025,337
-884,109
| -18% | -$52.3M |
|
|
MFA
83
MFA Financial
MFA
$893M
| $257M | 0.24% |
8,183,067
-690,701
| -8% | -$21.9M |
|
84
Dollar Tree
DLTR
$24.1B
| $255M | 0.23% |
3,141,935
-568,470
| -15% | -$43.2M |
|
85
SLM Corp
SLM
$4.97B
| $253M | 0.23% |
27,258,572
+5,022,614
| +23% | +$47.2M |
|
86
Pacira BioSciences
PCRX
$1.03B
| $253M | 0.23% |
2,846,667
-11,581
| -0.4% | -$1.18M |
|
87
Halliburton
HAL
$30.1B
| $251M | 0.23% |
5,730,645
-19,254
| -0.3% | -$803K |
|
88
Target
TGT
$74.1B
| $249M | 0.23% |
3,027,917
+305,202
| +11% | +$23.6M |
|
89
Kinder Morgan
KMI
$70.3B
| $233M | 0.21% |
5,530,877
+1,523,489
| +38% | +$63.1M |
|
|
EA
90
DELISTED
Electronic Arts
EA
| $231M | 0.21% |
3,922,430
-53,139
| -1% | -$2.86M |
|
91
Comcast
CMCSA
$96B
| $228M | 0.21% |
8,084,278
-977,142
| -11% | -$28.1M |
|
92
Ulta Beauty
ULTA
$22.1B
| $227M | 0.21% |
1,507,199
+8,764
| +0.6% | +$1.21M |
|
93
Roper Technologies
ROP
$42.2B
| $220M | 0.2% |
1,276,953
-17,463
| -1% | -$2.83M |
|
94
Bank of America
BAC
$436B
| $218M | 0.2% |
14,150,221
-912,681
| -6% | -$14.7M |
|
95
Suncor Energy
SU
$76.5B
| $216M | 0.2% |
7,380,769
+60,136
| +0.8% | +$1.79M |
|
96
Ross Stores
ROST
$73.3B
| $208M | 0.19% |
3,951,864
-425,498
| -10% | -$21.1M |
|
97
Perrigo
PRGO
$2.01B
| $204M | 0.19% |
1,235,063
-1,775,255
| -59% | -$283M |
|
|
EVHC
98
DELISTED
Envision Healthcare Holdings Inc
EVHC
| $204M | 0.19% |
1,778,625
+236,157
| +15% | +$25.7M |
|
|
SEMG
99
DELISTED
SEMGROUP CORPORATION
SEMG
| $204M | 0.19% |
2,507,019
-388,019
| -13% | -$27.8M |
|
100
Amphenol
APH
$194B
| $196M | 0.18% |
13,323,464
-180,912
| -1% | -$2.53M |
|
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 20% 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.