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 C
GOOG
|
+$820M |
| 2 |
Palo Alto Networks
PANW
|
+$358M |
| 3 |
Visa
V
|
+$355M |
| 4 |
CELG
Celgene Corp
CELG
|
+$339M |
| 5 |
Citigroup
C
|
+$325M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Gilead Sciences
GILD
|
+$722M |
| 2 |
Vertex Pharmaceuticals
VRTX
|
+$356M |
| 3 |
Alibaba
BABA
|
+$345M |
| 4 |
EOG Resources
EOG
|
+$344M |
| 5 |
Canadian Pacific Kansas City
CP
|
+$321M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 19.08% |
| 2 | Consumer Discretionary | 17.25% |
| 3 | Communication Services | 14.3% |
| 4 | Technology | 13.13% |
| 5 | Financials | 9.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SYA
126
DELISTED
SYMETRA FINANCIAL CORPORATION COMMON STOCK
SYA
| $135M | 0.14% |
4,259,681
-2,293,301
| -35% | -$65.6M |
|
127
Cinemark Holdings
CNK
$4.07B
| $133M | 0.14% |
4,108,147
-124,821
| -3% | -$4.65M |
|
128
PVH
PVH
$4.07B
| $132M | 0.14% |
1,293,219
+468,532
| +57% | +$53.2M |
|
129
Eaton
ETN
$141B
| $131M | 0.13% |
2,557,910
-14,399
| -0.6% | -$850K |
|
130
Constellation Brands
STZ
$22.5B
| $131M | 0.13% |
1,044,341
-9,209
| -0.9% | -$1.14M |
|
|
CAM
131
DELISTED
CAMERON INTERNATIONAL CORPORATION
CAM
| $130M | 0.13% |
2,120,014
-100,618
| -5% | -$5.55M |
|
132
Sempra
SRE
$58.1B
| $130M | 0.13% |
2,685,354
+65,660
| +3% | +$3.23M |
|
133
White Mountains Insurance
WTM
$5.33B
| $130M | 0.13% |
173,728
-15,668
| -8% | -$11.3M |
|
134
Hilton Worldwide
HLT
$72.4B
| $129M | 0.13% |
1,881,255
+124,481
| +7% | +$9.62M |
|
|
QLIK
135
DELISTED
QLIK TECHNOLOGIES INC COM STK (DE)
QLIK
| $128M | 0.13% |
3,523,914
+98,215
| +3% | +$3.8M |
|
136
Aptiv
APTV
$12.3B
| $128M | 0.13% |
1,685,372
+5,033
| +0.3% | +$387K |
|
137
Molina Healthcare
MOH
$10.4B
| $128M | 0.13% |
1,859,887
-39,329
| -2% | -$2.92M |
|
|
BRCD
138
DELISTED
Brocade Communications Systems, Inc. NEW
BRCD
| $126M | 0.13% |
12,178,375
+306,172
| +3% | +$3.21M |
|
139
Axalta
AXTA
$7.45B
| $125M | 0.13% |
4,927,164
+1,538,135
| +45% | +$45.7M |
|
140
AstraZeneca
AZN
$269B
| $124M | 0.13% |
1,953,168
+610,661
| +45% | +$40.2M |
|
141
Kinder Morgan
KMI
$70.9B
| $122M | 0.13% |
4,406,889
-776,088
| -15% | -$25.7M |
|
142
Voya Financial
VOYA
$8.96B
| $121M | 0.12% |
3,125,612
+93,163
| +3% | +$4.1M |
|
|
SWI
143
DELISTED
SOLARWINDS INC COM STK (DE)
SWI
| $121M | 0.12% |
3,084,434
-6,081
| -0.2% | -$250K |
|
144
CBRE Group
CBRE
$43.3B
| $120M | 0.12% |
3,760,125
+452,740
| +14% | +$16.1M |
|
145
Kraft Heinz
KHC
$32.8B
| $120M | 0.12% |
+1,703,542
| New | +$129M |
|
|
SBNY
146
DELISTED
Signature Bank
SBNY
| $120M | 0.12% |
870,575
-24,976
| -3% | -$3.53M |
|
147
Edison International
EIX
$30.3B
| $120M | 0.12% |
1,895,831
-173,356
| -8% | -$10.3M |
|
|
HOT
148
DELISTED
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
| $119M | 0.12% |
1,794,952
-8,823
| -0.5% | -$671K |
|
149
NiSource
NI
$21.5B
| $119M | 0.12% |
6,427,205
-2,674,494
| -29% | -$45.7M |
|
|
KYTH
150
DELISTED
KYTHERA BIOPHARMACEUTICALS, INC COM
KYTH
| $119M | 0.12% |
1,589,903
-594,104
| -27% | -$44.4M |
|
Similar funds
Jennison Associates's Q3 2015 Portfolio in Review
As of Q3 2015, Jennison Associates held 813 positions worth $97.6B, down 11% from $109B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Jennison Associates's Q3 2015 filing shows 84 new, 272 increased, 353 reduced and 92 closed positions. Its largest new stake was Palo Alto Networks: 12,124,434 shares worth $348M. The largest sale was Gilead Sciences, an estimated $722M.
By sector, the portfolio is most concentrated in Healthcare at 19% of assets, down from 21% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q3 2015 buy was Palo Alto Networks: 12,124,434 shares worth $348M.
- Jennison Associates added most to Alphabet (Google) Class C in Q3 2015, an estimated $820M increase.
- Jennison Associates's biggest Q3 2015 reduction was Gilead Sciences, cutting an estimated $722M.
- Jennison Associates fully exited KRAFT FOODS GROUP INC COM STK (VA) in Q3 2015, selling an estimated $144M.
- Jennison Associates's ten largest holdings make up 24% of its $97.6B portfolio in Q3 2015.
- Jennison Associates opened 84 new positions and closed 92 in Q3 2015.
- Jennison Associates's portfolio value fell 11% quarter-over-quarter to $97.6B.
Based on Jennison Associates's 13F filing for Q3 2015, filed 6 Nov 2015.