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 | |
|---|---|---|---|---|---|---|
126
Sprouts Farmers Market
SFM
$7.44B
| $136M | 0.13% |
5,106,473
+316,738
| +7% | +$7.49M |
|
127
Cigna
CI
$78.4B
| $135M | 0.13% |
924,219
+374,864
| +68% | +$51.5M |
|
|
SWI
128
DELISTED
SOLARWINDS INC COM STK (DE)
SWI
| $135M | 0.13% |
2,283,596
-800,838
| -26% | -$44.4M |
|
|
CQH
129
DELISTED
Cheniere Energy Partners LP Holdings LLC
CQH
| $134M | 0.13% |
7,712,714
-65,679
| -0.8% | -$1.2M |
|
130
Kraft Heinz
KHC
$32.8B
| $132M | 0.13% |
1,820,837
+117,295
| +7% | +$8.65M |
|
131
Portland General Electric
POR
$5.82B
| $131M | 0.13% |
3,611,014
+826,236
| +30% | +$30.5M |
|
|
CONE
132
DELISTED
CyrusOne Inc Common Stock
CONE
| $130M | 0.13% |
3,478,650
+174,675
| +5% | +$6.17M |
|
133
Axalta
AXTA
$7.45B
| $130M | 0.13% |
4,880,940
-46,224
| -0.9% | -$1.29M |
|
134
Cinemark Holdings
CNK
$4.07B
| $128M | 0.13% |
3,839,934
-268,213
| -7% | -$9.26M |
|
135
Sempra
SRE
$58.1B
| $126M | 0.12% |
2,683,148
-2,206
| -0.1% | -$109K |
|
136
Constellation Brands
STZ
$22.5B
| $125M | 0.12% |
879,957
-164,384
| -16% | -$22.6M |
|
137
NiSource
NI
$21.5B
| $125M | 0.12% |
6,421,818
-5,387
| -0.1% | -$104K |
|
|
SAVE
138
DELISTED
Spirit Airlines, Inc.
SAVE
| $125M | 0.12% |
3,137,727
-629,353
| -17% | -$25.6M |
|
|
139
Dollar General
DG
$28.4B
| $124M | 0.12% |
1,730,091
-8,979,159
| -84% | -$609M |
|
|
ESRX
140
DELISTED
Express Scripts Holding Company
ESRX
| $123M | 0.12% |
1,408,606
+717,848
| +104% | +$61.5M |
|
141
Voya Financial
VOYA
$8.96B
| $122M | 0.12% |
3,300,888
+175,276
| +6% | +$6.94M |
|
142
Lear
LEA
$7.39B
| $121M | 0.12% |
985,410
-320,127
| -25% | -$39M |
|
|
SBNY
143
DELISTED
Signature Bank
SBNY
| $121M | 0.12% |
787,786
-82,789
| -10% | -$12.5M |
|
144
Hilton Worldwide
HLT
$72.4B
| $121M | 0.12% |
1,877,874
-3,381
| -0.2% | -$240K |
|
145
PTC
PTC
$15.3B
| $119M | 0.12% |
3,441,161
+1,073,888
| +45% | +$37.6M |
|
146
Align Technology
ALGN
$12.9B
| $119M | 0.12% |
1,806,358
-382
| -0% | -$24.5K |
|
147
Capital One
COF
$128B
| $119M | 0.12% |
1,647,789
+43,536
| +3% | +$3.33M |
|
|
QTS
148
DELISTED
QTS REALTY TRUST, INC.
QTS
| $119M | 0.12% |
2,632,976
+658,575
| +33% | +$28.7M |
|
|
RAI
149
DELISTED
Reynolds American Inc
RAI
| $119M | 0.12% |
2,570,417
-937,042
| -27% | -$43.4M |
|
150
Teva Pharmaceuticals
TEVA
$40.4B
| $118M | 0.12% |
1,804,955
-104,505
| -5% | -$6.46M |
|
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.