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 |
Regeneron Pharmaceuticals
REGN
|
+$846M |
| 2 |
JD.com
JD
|
+$782M |
| 3 |
Dollar General
DG
|
+$647M |
| 4 |
Monster Beverage
MNST
|
+$324M |
| 5 |
NXP Semiconductors
NXPI
|
+$240M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Union Pacific
UNP
|
+$668M |
| 2 |
Mondelez International
MDLZ
|
+$528M |
| 3 |
Alibaba
BABA
|
+$457M |
| 4 |
TWTR
Twitter, Inc.
TWTR
|
+$409M |
| 5 |
CELG
Celgene Corp
CELG
|
+$403M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 20.97% |
| 2 | Consumer Discretionary | 16.01% |
| 3 | Technology | 12.95% |
| 4 | Communication Services | 12.43% |
| 5 | Financials | 9.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
FMC
FMC
$1.29B
| $280M | 0.26% |
6,137,798
+225,226
| +4% | +$11.2M |
|
77
FirstEnergy
FE
$28.6B
| $277M | 0.25% |
8,523,593
+493,216
| +6% | +$17.2M |
|
78
Williams Companies
WMB
$85.4B
| $273M | 0.25% |
4,763,838
+2,301,937
| +94% | +$119M |
|
79
Centene
CNC
$30.8B
| $265M | 0.24% |
6,602,006
-2,344,490
| -26% | -$84.2M |
|
80
Microsoft
MSFT
$2.95T
| $265M | 0.24% |
5,999,404
-1,112,135
| -16% | -$50.7M |
|
81
SLM Corp
SLM
$4.83B
| $263M | 0.24% |
26,666,609
-591,963
| -2% | -$5.99M |
|
82
Bank of America
BAC
$431B
| $252M | 0.23% |
14,828,400
+678,179
| +5% | +$11.2M |
|
|
SAVE
83
DELISTED
Spirit Airlines, Inc.
SAVE
| $249M | 0.23% |
4,006,797
-415,937
| -9% | -$28.4M |
|
84
Halliburton
HAL
$26B
| $248M | 0.23% |
5,769,221
+38,576
| +0.7% | +$1.78M |
|
|
AY
85
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $243M | 0.22% |
7,762,238
-93,216
| -1% | -$3.33M |
|
|
ENDP
86
DELISTED
Endo International plc
ENDP
| $238M | 0.22% |
2,992,558
+1,080,190
| +56% | +$93.3M |
|
87
Comcast
CMCSA
$87.5B
| $236M | 0.22% |
7,852,508
-231,770
| -3% | -$6.8M |
|
88
Applied Materials
AMAT
$361B
| $235M | 0.22% |
12,228,476
-6,242,911
| -34% | -$128M |
|
89
PG&E
PCG
$39B
| $234M | 0.22% |
4,775,810
+2,953,499
| +162% | +$154M |
|
90
Ulta Beauty
ULTA
$22B
| $232M | 0.21% |
1,503,796
-3,403
| -0.2% | -$523K |
|
91
Target
TGT
$66.8B
| $229M | 0.21% |
2,810,523
-217,394
| -7% | -$17.6M |
|
92
Electronic Arts
EA
$52.4B
| $226M | 0.21% |
3,401,259
-521,171
| -13% | -$32M |
|
93
Dollar Tree
DLTR
$24.8B
| $223M | 0.2% |
2,827,409
-314,526
| -10% | -$24.9M |
|
|
FTR
94
DELISTED
Frontier Communications Corp.
FTR
| $218M | 0.2% |
2,939,986
+1,108,923
| +61% | +$98.9M |
|
|
EVHC
95
DELISTED
Envision Healthcare Holdings Inc
EVHC
| $215M | 0.2% |
1,820,730
+42,105
| +2% | +$4.79M |
|
96
Roper Technologies
ROP
$40.2B
| $213M | 0.19% |
1,233,043
-43,910
| -3% | -$7.6M |
|
|
MFA
97
MFA Financial
MFA
$936M
| $212M | 0.19% |
7,183,251
-999,816
| -12% | -$31.4M |
|
98
Vipshop
VIPS
$7.27B
| $207M | 0.19% |
9,325,097
-3,424,403
| -27% | -$90.8M |
|
99
Universal Health Services
UHS
$10.2B
| $206M | 0.19% |
1,451,201
-35,375
| -2% | -$4.43M |
|
100
PNC Financial Services
PNC
$99.1B
| $205M | 0.19% |
2,144,832
+163,316
| +8% | +$15.4M |
|
Similar funds
Jennison Associates's Q2 2015 Portfolio in Review
As of Q2 2015, Jennison Associates held 801 positions worth $109B, down 0.05% from $109B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Jennison Associates's Q2 2015 filing shows 92 new, 315 increased, 305 reduced and 72 closed positions. Its largest new stake was Regeneron Pharmaceuticals: 1,732,726 shares worth $884M. The largest sale was Union Pacific, an estimated $668M.
By sector, the portfolio is most concentrated in Healthcare at 21% of assets, up from 20% a quarter earlier, followed by Consumer Discretionary and Technology.
- Jennison Associates's largest Q2 2015 buy was Regeneron Pharmaceuticals: 1,732,726 shares worth $884M.
- Jennison Associates added most to JD.com in Q2 2015, an estimated $782M increase.
- Jennison Associates's biggest Q2 2015 reduction was Union Pacific, cutting an estimated $668M.
- Jennison Associates fully exited Perrigo in Q2 2015, selling an estimated $204M.
- Jennison Associates's ten largest holdings make up 21% of its $109B portfolio in Q2 2015.
- Jennison Associates opened 92 new positions and closed 72 in Q2 2015.
- Jennison Associates's portfolio value fell 0.05% quarter-over-quarter to $109B.
Based on Jennison Associates's 13F filing for Q2 2015, filed 3 Aug 2015.