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 |
Microsoft
MSFT
|
+$424M |
| 2 |
Bath & Body Works
BBWI
|
+$342M |
| 3 |
Home Depot
HD
|
+$259M |
| 4 |
GE Aerospace
GE
|
+$247M |
| 5 |
Palo Alto Networks
PANW
|
+$214M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
LNKD
LinkedIn Corporation
LNKD
|
+$917M |
| 2 |
ARMH
ARM HOLDINGS PLC ADS
ARMH
|
+$396M |
| 3 |
Citigroup
C
|
+$377M |
| 4 |
Sherwin-Williams
SHW
|
+$292M |
| 5 |
Starbucks
SBUX
|
+$260M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 20.89% |
| 2 | Healthcare | 16.95% |
| 3 | Technology | 14.55% |
| 4 | Communication Services | 14.21% |
| 5 | Financials | 9.46% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
Merck
MRK
$366B
| $130M | 0.14% |
2,568,460
-758,963
| -23% | -$37.2M |
|
127
Align Technology
ALGN
$11.2B
| $130M | 0.14% |
1,782,893
-23,465
| -1% | -$1.54M |
|
|
RDS.A
128
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $129M | 0.14% |
2,799,395
+2,784,505
| +18,701% | +$118M |
|
129
CBRE Group
CBRE
$43.7B
| $129M | 0.13% |
4,461,255
+267,179
| +6% | +$7.35M |
|
|
QTS
130
DELISTED
QTS REALTY TRUST, INC.
QTS
| $128M | 0.13% |
2,692,963
+59,987
| +2% | +$2.68M |
|
131
NiSource
NI
$19.5B
| $127M | 0.13% |
5,406,571
-1,015,247
| -16% | -$21.8M |
|
|
EVHC
132
DELISTED
Envision Healthcare Holdings Inc
EVHC
| $127M | 0.13% |
2,084,798
+134,115
| +7% | +$8.81M |
|
133
Ametek
AME
$54.2B
| $125M | 0.13% |
2,505,316
-279,616
| -10% | -$13.3M |
|
134
DTE Energy
DTE
$28.3B
| $125M | 0.13% |
1,621,377
| – | – |
|
135
Aptiv
APTV
$9.5B
| $125M | 0.13% |
1,662,162
-22,514
| -1% | -$1.54M |
|
136
Dollar General
DG
$27.1B
| $124M | 0.13% |
1,451,069
-279,022
| -16% | -$21.1M |
|
|
QLIK
137
DELISTED
QLIK TECHNOLOGIES INC COM STK (DE)
QLIK
| $124M | 0.13% |
4,290,864
+619,547
| +17% | +$15.5M |
|
138
White Mountains Insurance
WTM
$5.1B
| $124M | 0.13% |
154,443
-4,003
| -3% | -$2.99M |
|
139
Analog Devices
ADI
$175B
| $122M | 0.13% |
2,054,917
+101,746
| +5% | +$5.43M |
|
140
Church & Dwight Co
CHD
$24B
| $120M | 0.13% |
2,604,424
-34,016
| -1% | -$1.49M |
|
141
Vodafone
VOD
$37.1B
| $120M | 0.13% |
3,738,519
-1,797,264
| -32% | -$56M |
|
142
Alliant Energy
LNT
$17.6B
| $119M | 0.13% |
3,206,804
+1,004
| +0% | +$33.8K |
|
143
Kraft Heinz
KHC
$30.5B
| $118M | 0.12% |
1,506,487
-314,350
| -17% | -$23.5M |
|
144
Norwegian Cruise Line
NCLH
$7.65B
| $118M | 0.12% |
2,137,597
+453,296
| +27% | +$21.8M |
|
145
CMS Energy
CMS
$21.4B
| $118M | 0.12% |
2,780,349
-218,371
| -7% | -$8.55M |
|
146
Ameren
AEE
$29.4B
| $117M | 0.12% |
2,341,872
| – | – |
|
147
PTC
PTC
$17.1B
| $117M | 0.12% |
3,529,046
+87,885
| +3% | +$2.71M |
|
148
RTX Corp
RTX
$285B
| $115M | 0.12% |
1,825,623
+835,806
| +84% | +$48.5M |
|
149
Texas Instruments
TXN
$236B
| $115M | 0.12% |
2,000,349
+63,734
| +3% | +$3.38M |
|
150
Union Pacific
UNP
$183B
| $113M | 0.12% |
1,420,856
+1,121,292
| +374% | +$86.7M |
|
Similar funds
Jennison Associates's Q1 2016 Portfolio in Review
As of Q1 2016, Jennison Associates held 710 positions worth $95.3B, down 6.5% from $102B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Jennison Associates's Q1 2016 filing shows 56 new, 303 increased, 241 reduced and 102 closed positions. Its largest new stake was Procter & Gamble: 1,657,581 shares worth $136M. The largest sale was LinkedIn Corporation, an estimated $917M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 21% of assets, up from 19% a quarter earlier, followed by Healthcare and Technology.
- Jennison Associates's largest Q1 2016 buy was Procter & Gamble: 1,657,581 shares worth $136M.
- Jennison Associates added most to Microsoft in Q1 2016, an estimated $424M increase.
- Jennison Associates's biggest Q1 2016 reduction was LinkedIn Corporation, cutting an estimated $917M.
- Jennison Associates fully exited Sherwin-Williams in Q1 2016, selling an estimated $292M.
- Jennison Associates's ten largest holdings make up 24% of its $95.3B portfolio in Q1 2016.
- Jennison Associates opened 56 new positions and closed 102 in Q1 2016.
- Jennison Associates's portfolio value fell 6.5% quarter-over-quarter to $95.3B.
Based on Jennison Associates's 13F filing for Q1 2016, filed 3 May 2016.