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 | |
|---|---|---|---|---|---|---|
151
Quanta Services
PWR
$84.2B
| $136M | 0.12% |
4,705,257
-166,315
| -3% | -$4.86M |
|
152
HP
HPQ
$26B
| $135M | 0.12% |
9,883,413
-85,869
| -0.9% | -$1.28M |
|
153
Molina Healthcare
MOH
$10.4B
| $134M | 0.12% |
1,899,216
+411,133
| +28% | +$27.5M |
|
154
Check Point Software Technologies
CHKP
$14.3B
| $133M | 0.12% |
1,669,836
-672,408
| -29% | -$56.8M |
|
|
SBNY
155
DELISTED
Signature Bank
SBNY
| $131M | 0.12% |
895,551
+44,055
| +5% | +$6.12M |
|
156
SPX Corp
SPXC
$9.39B
| $131M | 0.12% |
7,177,769
-89,784
| -1% | -$1.75M |
|
|
GNC
157
DELISTED
GNC Holdings, Inc.
GNC
| $131M | 0.12% |
2,939,173
-673,380
| -19% | -$30.7M |
|
158
Analog Devices
ADI
$172B
| $130M | 0.12% |
2,025,550
+325,082
| +19% | +$21.1M |
|
159
NextEra Energy
NEE
$184B
| $130M | 0.12% |
5,302,412
-27,440
| -0.5% | -$697K |
|
160
Sempra
SRE
$58.1B
| $130M | 0.12% |
2,619,694
+25,990
| +1% | +$1.38M |
|
|
RAI
161
DELISTED
Reynolds American Inc
RAI
| $128M | 0.12% |
3,440,384
+917,684
| +36% | +$34.4M |
|
|
MINI
162
DELISTED
Mobile Mini Inc
MINI
| $127M | 0.12% |
3,032,558
-61,633
| -2% | -$2.52M |
|
163
Lear
LEA
$7.39B
| $127M | 0.12% |
1,134,132
-464,905
| -29% | -$53.4M |
|
164
Designer Brands
DBI
$315M
| $127M | 0.12% |
3,807,146
+1,318,888
| +53% | +$47.1M |
|
|
CAVM
165
DELISTED
Cavium, Inc.
CAVM
| $127M | 0.12% |
1,846,281
-200,179
| -10% | -$14M |
|
166
Home Depot
HD
$337B
| $125M | 0.11% |
1,124,365
+33,914
| +3% | +$3.8M |
|
167
White Mountains Insurance
WTM
$5.33B
| $124M | 0.11% |
189,396
+1,656
| +0.9% | +$1.1M |
|
168
CBRE Group
CBRE
$43.3B
| $122M | 0.11% |
3,307,385
+115,566
| +4% | +$4.39M |
|
169
Constellation Brands
STZ
$22.5B
| $122M | 0.11% |
1,053,550
-36,305
| -3% | -$4.29M |
|
|
YHOO
170
DELISTED
Yahoo Inc
YHOO
| $122M | 0.11% |
3,101,237
+2,012,538
| +185% | +$86.4M |
|
171
ServiceNow
NOW
$120B
| $121M | 0.11% |
8,126,180
-292,710
| -3% | -$4.51M |
|
172
CMS Energy
CMS
$23B
| $121M | 0.11% |
3,785,172
-199,985
| -5% | -$6.72M |
|
173
W.R. Berkley
WRB
$28.1B
| $120M | 0.11% |
7,825,228
-4,172,074
| -35% | -$62.2M |
|
|
QLIK
174
DELISTED
QLIK TECHNOLOGIES INC COM STK (DE)
QLIK
| $120M | 0.11% |
3,425,699
+31,834
| +0.9% | +$1.13M |
|
175
Affiliated Managers Group
AMG
$9.51B
| $119M | 0.11% |
+543,363
| New | +$121M |
|
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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.