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 | |
|---|---|---|---|---|---|---|
|
PDCE
151
DELISTED
PDC Energy, Inc.
PDCE
| $117M | 0.12% |
2,200,140
-586,521
| -21% | -$33.7M |
|
152
American Electric Power
AEP
$70.4B
| $117M | 0.11% |
2,002,247
+62,514
| +3% | +$3.54M |
|
|
QLIK
153
DELISTED
QLIK TECHNOLOGIES INC COM STK (DE)
QLIK
| $116M | 0.11% |
3,671,317
+147,403
| +4% | +$4.83M |
|
154
White Mountains Insurance
WTM
$5.33B
| $115M | 0.11% |
158,446
-15,282
| -9% | -$11.7M |
|
155
Copart
CPRT
$28.5B
| $114M | 0.11% |
24,012,416
+6,403,240
| +36% | +$29.6M |
|
|
AMTD
156
DELISTED
TD Ameritrade Holding Corp
AMTD
| $114M | 0.11% |
3,286,616
-842
| -0% | -$29.2K |
|
157
East-West Bancorp
EWBC
$17.8B
| $112M | 0.11% |
2,705,377
-110,667
| -4% | -$4.55M |
|
158
Edison International
EIX
$30.3B
| $112M | 0.11% |
1,893,573
-2,258
| -0.1% | -$138K |
|
159
Church & Dwight Co
CHD
$23.7B
| $112M | 0.11% |
2,638,440
+576
| +0% | +$24.7K |
|
160
Bath & Body Works
BBWI
$3.97B
| $111M | 0.11% |
1,438,683
+145
| +0% | +$11.2K |
|
161
DTE Energy
DTE
$29.9B
| $111M | 0.11% |
1,621,377
| – | – |
|
162
CMS Energy
CMS
$23B
| $108M | 0.11% |
2,998,720
| – | – |
|
163
Reliance Steel & Aluminium
RS
$20.6B
| $108M | 0.11% |
1,867,226
-164,909
| -8% | -$9.58M |
|
164
Analog Devices
ADI
$172B
| $108M | 0.11% |
1,953,171
+110
| +0% | +$6.47K |
|
|
SYA
165
DELISTED
SYMETRA FINANCIAL CORPORATION COMMON STOCK
SYA
| $108M | 0.11% |
3,399,213
-860,468
| -20% | -$27.3M |
|
166
Texas Instruments
TXN
$248B
| $106M | 0.1% |
1,936,615
+842,305
| +77% | +$47M |
|
167
Check Point Software Technologies
CHKP
$14.3B
| $103M | 0.1% |
1,266,400
-28
| -0% | -$2.32K |
|
168
AstraZeneca
AZN
$269B
| $102M | 0.1% |
1,499,560
-453,608
| -23% | -$29.7M |
|
169
Ameren
AEE
$30.4B
| $101M | 0.1% |
2,341,872
| – | – |
|
170
Molina Healthcare
MOH
$10.4B
| $101M | 0.1% |
1,676,015
-183,872
| -10% | -$11.6M |
|
171
Alliant Energy
LNT
$18.6B
| $100M | 0.1% |
3,205,800
-37,606
| -1% | -$1.13M |
|
172
Medtronic
MDT
$112B
| $100M | 0.1% |
1,300,469
+7,636
| +0.6% | +$575K |
|
173
Burlington
BURL
$23.4B
| $99.9M | 0.1% |
2,329,102
+66,492
| +3% | +$3.08M |
|
174
Philip Morris
PM
$309B
| $99.4M | 0.1% |
1,131,124
+45,064
| +4% | +$3.91M |
|
175
Norwegian Cruise Line
NCLH
$9.53B
| $98.7M | 0.1% |
1,684,301
+287,191
| +21% | +$16.9M |
|
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.