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 A
GOOGL
|
+$2.04B |
| 2 |
Microsoft
MSFT
|
+$941M |
| 3 |
Alibaba
BABA
|
+$782M |
| 4 |
McDonald's
MCD
|
+$625M |
| 5 |
Home Depot
HD
|
+$409M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class C
GOOG
|
+$1.96B |
| 2 |
Chipotle Mexican Grill
CMG
|
+$765M |
| 3 |
Dollar General
DG
|
+$609M |
| 4 |
Apple
AAPL
|
+$489M |
| 5 |
AGN
Allergan plc
AGN
|
+$419M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 18.98% |
| 2 | Consumer Discretionary | 18.73% |
| 3 | Communication Services | 15.16% |
| 4 | Technology | 12.68% |
| 5 | Financials | 9.93% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
MFA
101
MFA Financial
MFA
$932M
| $174M | 0.17% |
6,581,538
-427,879
| -6% | -$11.8M |
|
102
Cisco
CSCO
$443B
| $172M | 0.17% |
6,351,965
-989,399
| -13% | -$27.3M |
|
103
Merck
MRK
$322B
| $168M | 0.16% |
3,327,423
-3,311,804
| -50% | -$167M |
|
104
Ross Stores
ROST
$80.8B
| $166M | 0.16% |
3,092,346
+808
| +0% | +$41.3K |
|
105
Suncor Energy
SU
$77.7B
| $161M | 0.16% |
6,246,978
-542,792
| -8% | -$15M |
|
106
AbbVie
ABBV
$465B
| $158M | 0.16% |
2,669,659
-394,017
| -13% | -$22.7M |
|
107
Vail Resorts
MTN
$5.7B
| $157M | 0.15% |
1,229,519
-110,138
| -8% | -$13M |
|
|
FRC
108
DELISTED
First Republic Bank
FRC
| $154M | 0.15% |
2,338,060
+15,870
| +0.7% | +$1.05M |
|
|
APC
109
DELISTED
Anadarko Petroleum
APC
| $153M | 0.15% |
3,153,826
-1,478,399
| -32% | -$90.5M |
|
|
HOT
110
DELISTED
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
| $152M | 0.15% |
2,191,956
+397,004
| +22% | +$28.3M |
|
|
EVHC
111
DELISTED
Envision Healthcare Holdings Inc
EVHC
| $152M | 0.15% |
1,950,683
+182,684
| +10% | +$15.8M |
|
112
Intuit
INTU
$91.1B
| $151M | 0.15% |
1,564,135
-177,894
| -10% | -$17.2M |
|
113
Global Payments
GPN
$24.1B
| $150M | 0.15% |
2,329,229
-941,253
| -29% | -$63.5M |
|
114
Starwood Property Trust
STWD
$6.12B
| $150M | 0.15% |
7,291,630
-2,571
| -0% | -$52.9K |
|
115
Ametek
AME
$53.9B
| $149M | 0.15% |
2,784,932
+346
| +0% | +$19K |
|
116
Signet Jewelers
SIG
$3.84B
| $147M | 0.14% |
1,188,827
+93,767
| +9% | +$12.7M |
|
117
Affiliated Managers Group
AMG
$9.51B
| $147M | 0.14% |
918,578
+241,042
| +36% | +$41.4M |
|
118
NextEra Energy
NEE
$184B
| $145M | 0.14% |
5,585,964
+23,728
| +0.4% | +$600K |
|
119
CBRE Group
CBRE
$43.3B
| $145M | 0.14% |
4,194,076
+433,951
| +12% | +$15.3M |
|
120
Aptiv
APTV
$12.3B
| $144M | 0.14% |
1,684,676
-696
| -0% | -$58.2K |
|
121
Eaton
ETN
$141B
| $143M | 0.14% |
2,755,987
+198,077
| +8% | +$10.7M |
|
|
IHS
122
DELISTED
IHS INC CL-A COM STK
IHS
| $142M | 0.14% |
1,196,560
-303
| -0% | -$36.1K |
|
123
Alnylam Pharmaceuticals
ALNY
$38.3B
| $140M | 0.14% |
1,489,541
+7,296
| +0.5% | +$676K |
|
124
PUT
State Street SPDR S&P Biotech ETF
XBI
$10B
| $140M | 0.14% |
+2,000,000
| New | +$136M |
|
125
ServiceNow
NOW
$120B
| $139M | 0.14% |
8,056,790
+535
| +0% | +$8.84K |
|
Similar funds
Jennison Associates's Q4 2015 Portfolio in Review
As of Q4 2015, Jennison Associates held 786 positions worth $102B, up 4.4% from $97.6B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Jennison Associates's Q4 2015 filing shows 65 new, 298 increased, 279 reduced and 131 closed positions. Its largest new stake was Alphabet (Google) Class A: 55,026,880 shares worth $2.14B. The largest sale was Alphabet (Google) Class C, an estimated $1.96B.
By sector, the portfolio is most concentrated in Healthcare at 19% of assets, down from 19% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q4 2015 buy was Alphabet (Google) Class A: 55,026,880 shares worth $2.14B.
- Jennison Associates added most to Microsoft in Q4 2015, an estimated $941M increase.
- Jennison Associates's biggest Q4 2015 reduction was Alphabet (Google) Class C, cutting an estimated $1.96B.
- Jennison Associates fully exited Chipotle Mexican Grill in Q4 2015, selling an estimated $765M.
- Jennison Associates's ten largest holdings make up 23% of its $102B portfolio in Q4 2015.
- Jennison Associates opened 65 new positions and closed 131 in Q4 2015.
- Jennison Associates's portfolio value rose 4.4% quarter-over-quarter to $102B.
Based on Jennison Associates's 13F filing for Q4 2015, filed 10 Feb 2016.