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 | |
|---|---|---|---|---|---|---|
151
Capital One
COF
$132B
| $112M | 0.12% |
1,620,808
-26,981
| -2% | -$1.78M |
|
152
Edison International
EIX
$27B
| $110M | 0.12% |
1,524,261
-369,312
| -20% | -$24M |
|
|
SBNY
153
DELISTED
Signature Bank
SBNY
| $109M | 0.11% |
797,584
+9,798
| +1% | +$1.33M |
|
154
American Water Works
AWK
$27.5B
| $108M | 0.11% |
1,564,194
+132,643
| +9% | +$8.63M |
|
155
ServiceNow
NOW
$150B
| $108M | 0.11% |
8,800,295
+743,505
| +9% | +$9.41M |
|
|
PDCE
156
DELISTED
PDC Energy, Inc.
PDCE
| $108M | 0.11% |
1,810,530
-389,610
| -18% | -$20.3M |
|
|
KATE
157
DELISTED
Kate Spade & Company
KATE
| $107M | 0.11% |
4,192,088
-37,080
| -0.9% | -$729K |
|
|
APC
158
DELISTED
Anadarko Petroleum
APC
| $107M | 0.11% |
2,294,336
-859,490
| -27% | -$34.9M |
|
159
Patterson-UTI
PTEN
$4.74B
| $106M | 0.11% |
6,030,222
-152,922
| -2% | -$2.28M |
|
160
Check Point Software Technologies
CHKP
$14.1B
| $106M | 0.11% |
1,212,098
-54,302
| -4% | -$4.37M |
|
161
DexCom
DXCM
$34.3B
| $106M | 0.11% |
6,240,828
+1,550,544
| +33% | +$25.9M |
|
162
Zimmer Biomet
ZBH
$19.2B
| $105M | 0.11% |
1,015,153
+292,595
| +40% | +$28.3M |
|
163
Xcel Energy
XEL
$47.8B
| $105M | 0.11% |
2,506,658
| – | – |
|
|
CSC
164
DELISTED
Computer Sciences
CSC
| $103M | 0.11% |
2,989,042
+2,878
| +0.1% | +$86.8K |
|
|
AMTD
165
DELISTED
TD Ameritrade Holding Corp
AMTD
| $102M | 0.11% |
3,246,981
-39,635
| -1% | -$1.17M |
|
166
Reliance Steel & Aluminium
RS
$19.8B
| $101M | 0.11% |
1,462,664
-404,562
| -22% | -$24.5M |
|
167
UnitedHealth
UNH
$353B
| $100M | 0.11% |
777,518
-8,016
| -1% | -$948K |
|
|
ENDP
168
DELISTED
Endo International plc
ENDP
| $99.9M | 0.1% |
3,549,593
-85,630
| -2% | -$4.04M |
|
169
Chevron
CVX
$396B
| $99.3M | 0.1% |
1,040,882
+149,451
| +17% | +$13.1M |
|
170
Medtronic
MDT
$117B
| $98.2M | 0.1% |
1,308,986
+8,517
| +0.7% | +$641K |
|
171
Designer Brands
DBI
$279M
| $98M | 0.1% |
3,547,346
+62,732
| +2% | +$1.57M |
|
172
Teva Pharmaceuticals
TEVA
$42.5B
| $97.9M | 0.1% |
1,830,254
+25,299
| +1% | +$1.48M |
|
|
PNK
173
DELISTED
Pinnacle Entertainment Inc.
PNK
| $97.9M | 0.1% |
2,788,128
-85,430
| -3% | -$2.58M |
|
|
ARMH
174
DELISTED
ARM HOLDINGS PLC ADS
ARMH
| $97.7M | 0.1% |
2,236,807
-9,474,544
| -81% | -$396M |
|
|
PPL
175
PPL Corp
PPL
$25.7B
| $97.7M | 0.1% |
2,565,067
+703,375
| +38% | +$25M |
|
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.