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 | |
|---|---|---|---|---|---|---|
126
Pfizer
PFE
$143B
| $154M | 0.14% |
4,834,439
-25,591
| -0.5% | -$834K |
|
127
Vail Resorts
MTN
$5.7B
| $154M | 0.14% |
1,408,261
+46,439
| +3% | +$4.86M |
|
128
Reliance Steel & Aluminium
RS
$20.6B
| $151M | 0.14% |
2,494,455
-513,396
| -17% | -$32.5M |
|
|
FRC
129
DELISTED
First Republic Bank
FRC
| $149M | 0.14% |
2,361,499
-393,097
| -14% | -$23.8M |
|
|
HOT
130
DELISTED
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
| $146M | 0.13% |
1,803,775
-38,387
| -2% | -$3.21M |
|
131
Starwood Property Trust
STWD
$6.12B
| $145M | 0.13% |
6,732,991
+92,894
| +1% | +$2.2M |
|
132
Hilton Worldwide
HLT
$72.4B
| $145M | 0.13% |
1,756,774
+370,762
| +27% | +$32.5M |
|
|
KRFT
133
DELISTED
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
| $144M | 0.13% |
1,696,278
+746,386
| +79% | +$64.2M |
|
134
East-West Bancorp
EWBC
$17.8B
| $144M | 0.13% |
3,207,763
-802,047
| -20% | -$34.4M |
|
135
Aptiv
APTV
$12.3B
| $143M | 0.13% |
1,680,339
+224,387
| +15% | +$19.2M |
|
136
Ametek
AME
$53.9B
| $143M | 0.13% |
2,609,463
+182,004
| +7% | +$9.76M |
|
|
SWI
137
DELISTED
SOLARWINDS INC COM STK (DE)
SWI
| $143M | 0.13% |
3,090,515
+103,381
| +3% | +$5.08M |
|
|
PNK
138
DELISTED
Pinnacle Entertainment Inc.
PNK
| $142M | 0.13% |
3,818,037
-730,346
| -16% | -$26.9M |
|
139
Signet Jewelers
SIG
$3.84B
| $142M | 0.13% |
1,105,175
-39,236
| -3% | -$5.26M |
|
|
WLL
140
DELISTED
Whiting Petroleum Corporation
WLL
| $142M | 0.13% |
14,038
-2,818
| -17% | -$29.3M |
|
|
BRCD
141
DELISTED
Brocade Communications Systems, Inc. NEW
BRCD
| $141M | 0.13% |
11,872,203
-51,057
| -0.4% | -$619K |
|
142
Voya Financial
VOYA
$8.96B
| $141M | 0.13% |
3,032,449
+34,235
| +1% | +$1.54M |
|
143
Marathon Petroleum
MPC
$90.1B
| $140M | 0.13% |
2,670,474
-286,374
| -10% | -$14.6M |
|
144
Cigna
CI
$78.4B
| $139M | 0.13% |
855,742
-59,737
| -7% | -$8.25M |
|
145
Devon Energy
DVN
$51.3B
| $138M | 0.13% |
2,318,380
-150,406
| -6% | -$9.72M |
|
146
J.M. Smucker
SJM
$13.5B
| $138M | 0.13% |
1,270,742
+104,750
| +9% | +$12.1M |
|
|
PDCE
147
DELISTED
PDC Energy, Inc.
PDCE
| $138M | 0.13% |
2,567,248
+85,066
| +3% | +$4.81M |
|
|
INVX
148
Innovex International
INVX
$1.8B
| $137M | 0.13% |
1,823,896
+50,496
| +3% | +$3.8M |
|
149
Jazz Pharmaceuticals
JAZZ
$16.1B
| $137M | 0.13% |
776,360
-78,988
| -9% | -$14.2M |
|
150
Bunge Global
BG
$20.9B
| $136M | 0.12% |
1,550,275
-13,132
| -0.8% | -$1.17M |
|
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.