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 |
PayPal
PYPL
|
+$638M |
| 2 |
Home Depot
HD
|
+$562M |
| 3 |
Costco
COST
|
+$529M |
| 4 |
AbbVie
ABBV
|
+$493M |
| 5 |
Caterpillar
CAT
|
+$461M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$777M |
| 2 |
CELG
Celgene Corp
CELG
|
+$581M |
| 3 |
Booking.com
BKNG
|
+$579M |
| 4 |
Crown Castle
CCI
|
+$495M |
| 5 |
Regeneron Pharmaceuticals
REGN
|
+$455M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 21.11% |
| 2 | Consumer Discretionary | 15.78% |
| 3 | Financials | 12.94% |
| 4 | Healthcare | 12.88% |
| 5 | Communication Services | 11.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
BECN
126
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $117M | 0.12% |
1,833,247
+150,151
| +9% | +$8.63M |
|
127
Amphenol
APH
$194B
| $115M | 0.11% |
5,226,496
-109,412
| -2% | -$2.41M |
|
|
MINI
128
DELISTED
Mobile Mini Inc
MINI
| $114M | 0.11% |
3,300,023
+388,252
| +13% | +$13.3M |
|
129
CMS Energy
CMS
$21.4B
| $114M | 0.11% |
2,403,462
+132,516
| +6% | +$6.42M |
|
130
Paycom
PAYC
$10.8B
| $113M | 0.11% |
1,407,246
-313,380
| -18% | -$25.1M |
|
|
AMTD
131
DELISTED
TD Ameritrade Holding Corp
AMTD
| $113M | 0.11% |
2,203,223
+260,867
| +13% | +$13M |
|
132
HubSpot
HUBS
$13B
| $113M | 0.11% |
1,273,084
+733,246
| +136% | +$61.5M |
|
133
American Water Works
AWK
$27.5B
| $112M | 0.11% |
1,222,775
-448
| -0% | -$39.6K |
|
|
SAGE
134
DELISTED
Sage Therapeutics
SAGE
| $112M | 0.11% |
678,707
-195,043
| -22% | -$18.9M |
|
135
Allison Transmission
ALSN
$10.4B
| $111M | 0.11% |
2,584,627
+796,191
| +45% | +$32.4M |
|
136
PTC
PTC
$17.1B
| $110M | 0.11% |
1,814,382
-38,505
| -2% | -$2.39M |
|
137
Five Below
FIVE
$13.4B
| $110M | 0.11% |
1,655,679
-468,376
| -22% | -$28.1M |
|
138
NRG Energy
NRG
$23.4B
| $108M | 0.11% |
3,808,530
+546,628
| +17% | +$14.9M |
|
139
Capital One
COF
$132B
| $108M | 0.11% |
1,087,591
+52,759
| +5% | +$4.81M |
|
|
PNK
140
DELISTED
Pinnacle Entertainment Inc.
PNK
| $108M | 0.11% |
3,297,415
-240,371
| -7% | -$6.69M |
|
|
XIFR
141
XPLR Infrastructure LP
XIFR
$1.11B
| $108M | 0.11% |
2,503,347
+9,953
| +0.4% | +$400K |
|
142
Patterson-UTI
PTEN
$4.74B
| $108M | 0.11% |
4,679,964
+612,235
| +15% | +$12.7M |
|
143
Ameren
AEE
$29.4B
| $107M | 0.11% |
1,814,430
| – | – |
|
144
Zimmer Biomet
ZBH
$19.2B
| $106M | 0.11% |
908,176
+27,159
| +3% | +$3.07M |
|
145
TC Energy
TRP
$64.4B
| $105M | 0.1% |
2,162,977
+28,815
| +1% | +$1.41M |
|
146
Palo Alto Networks
PANW
$303B
| $105M | 0.1% |
4,343,088
-900,648
| -17% | -$21.9M |
|
|
MFA
147
MFA Financial
MFA
$893M
| $105M | 0.1% |
3,302,173
-141,045
| -4% | -$4.65M |
|
148
Carnival Corporation Ltd
CCL
$33.9B
| $102M | 0.1% |
1,542,474
+12,671
| +0.8% | +$840K |
|
149
Humana
HUM
$46.3B
| $102M | 0.1% |
411,225
+3,861
| +0.9% | +$953K |
|
|
SRCL
150
DELISTED
Stericycle Inc
SRCL
| $100M | 0.1% |
1,474,999
-19,644
| -1% | -$1.33M |
|
Similar funds
Jennison Associates's Q4 2017 Portfolio in Review
As of Q4 2017, Jennison Associates held 724 positions worth $101B, up 3.7% from $97.6B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Jennison Associates's Q4 2017 filing shows 76 new, 253 increased, 308 reduced and 75 closed positions. Its largest new stake was Block Inc: 2,492,825 shares worth $86.4M. The largest sale was NVIDIA, an estimated $777M.
By sector, the portfolio is most concentrated in Technology at 21% of assets, down from 21% a quarter earlier, followed by Consumer Discretionary and Financials.
- Jennison Associates's largest Q4 2017 buy was Block Inc: 2,492,825 shares worth $86.4M.
- Jennison Associates added most to PayPal in Q4 2017, an estimated $638M increase.
- Jennison Associates's biggest Q4 2017 reduction was NVIDIA, cutting an estimated $777M.
- Jennison Associates fully exited Electronic Arts in Q4 2017, selling an estimated $113M.
- Jennison Associates's ten largest holdings make up 27% of its $101B portfolio in Q4 2017.
- Jennison Associates opened 76 new positions and closed 75 in Q4 2017.
- Jennison Associates's portfolio value rose 3.7% quarter-over-quarter to $101B.
Based on Jennison Associates's 13F filing for Q4 2017, filed 25 Jan 2018.