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 |
S&P Global
SPGI
|
+$677M |
| 2 |
AGN
Allergan plc
AGN
|
+$437M |
| 3 |
Qualcomm
QCOM
|
+$387M |
| 4 |
lululemon athletica
LULU
|
+$366M |
| 5 |
NVIDIA
NVDA
|
+$330M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Under Armour
UAA
|
+$1.03B |
| 2 |
Abbott
ABT
|
+$767M |
| 3 |
MHFI
MCGRAW-HILL FINANCIAL INC COM
MHFI
|
+$627M |
| 4 |
Meta Platforms (Facebook)
META
|
+$520M |
| 5 |
Nike
NKE
|
+$454M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 19.26% |
| 2 | Healthcare | 16.99% |
| 3 | Technology | 15.48% |
| 4 | Communication Services | 12.63% |
| 5 | Financials | 9.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
Vodafone
VOD
$37.1B
| $110M | 0.12% |
3,568,432
-170,087
| -5% | -$5.52M |
|
152
UnitedHealth
UNH
$353B
| $110M | 0.12% |
780,150
+2,632
| +0.3% | +$351K |
|
153
Chevron
CVX
$396B
| $109M | 0.12% |
1,044,099
+3,217
| +0.3% | +$324K |
|
154
PUT
State Street SPDR S&P Biotech ETF
XBI
$11.3B
| $108M | 0.12% |
2,000,000
+1,000,000
| +100% | +$54.8M |
|
155
Cigna
CI
$73.7B
| $108M | 0.12% |
844,645
-120,154
| -12% | -$15.9M |
|
156
TC Energy
TRP
$64.4B
| $106M | 0.12% |
2,354,237
+1,147,339
| +95% | +$47.3M |
|
157
Albemarle
ALB
$16.2B
| $103M | 0.11% |
+1,300,973
| New | +$95.5M |
|
158
Eli Lilly
LLY
$1.05T
| $103M | 0.11% |
1,306,086
+756,569
| +138% | +$57M |
|
159
ServiceNow
NOW
$150B
| $103M | 0.11% |
7,724,395
-1,075,900
| -12% | -$15M |
|
|
PDCE
160
DELISTED
PDC Energy, Inc.
PDCE
| $102M | 0.11% |
1,765,740
-44,790
| -2% | -$2.66M |
|
|
MINI
161
DELISTED
Mobile Mini Inc
MINI
| $102M | 0.11% |
2,934,448
+36,210
| +1% | +$1.21M |
|
162
Signet Jewelers
SIG
$3.21B
| $101M | 0.11% |
1,229,663
+140,833
| +13% | +$14.3M |
|
163
Chubb
CB
$131B
| $100M | 0.11% |
766,879
-5,612
| -0.7% | -$692K |
|
164
Zimmer Biomet
ZBH
$19.2B
| $99.9M | 0.11% |
854,486
-160,667
| -16% | -$18.2M |
|
165
Aptiv
APTV
$9.5B
| $99.7M | 0.11% |
1,592,328
-69,834
| -4% | -$4.88M |
|
|
SBNY
166
DELISTED
Signature Bank
SBNY
| $99.5M | 0.11% |
796,273
-1,311
| -0.2% | -$175K |
|
|
APC
167
DELISTED
Anadarko Petroleum
APC
| $99.4M | 0.11% |
1,866,432
-427,904
| -19% | -$21.7M |
|
|
AET
168
DELISTED
Aetna Inc
AET
| $99M | 0.11% |
810,657
-601
| -0.1% | -$69K |
|
|
SEMG
169
DELISTED
SEMGROUP CORPORATION
SEMG
| $97.7M | 0.11% |
3,001,810
+1,730,300
| +136% | +$50.3M |
|
|
CSC
170
DELISTED
Computer Sciences
CSC
| $96.9M | 0.11% |
1,950,668
-1,038,374
| -35% | -$42M |
|
|
ARMH
171
DELISTED
ARM HOLDINGS PLC ADS
ARMH
| $96.3M | 0.11% |
2,116,631
-120,176
| -5% | -$5.07M |
|
172
Performance Food Group
PFGC
$15.8B
| $96.3M | 0.11% |
3,579,053
+1,887,050
| +112% | +$47.7M |
|
173
TransDigm Group
TDG
$65.6B
| $95.7M | 0.11% |
362,881
-16,387
| -4% | -$4M |
|
174
East-West Bancorp
EWBC
$17.7B
| $95M | 0.1% |
2,778,966
-4,660
| -0.2% | -$168K |
|
175
Enterprise Products Partners
EPD
$84.3B
| $94.1M | 0.1% |
3,216,245
+517,674
| +19% | +$13.9M |
|
Similar funds
Jennison Associates's Q2 2016 Portfolio in Review
As of Q2 2016, Jennison Associates held 691 positions worth $91.1B, down 4.3% from $95.3B the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Jennison Associates withdrew a net $5.05B in Q2 2016, closing 61 positions and reducing 333 holdings. Its most notable exit was MCGRAW-HILL FINANCIAL INC COM, an estimated $627M position sold in full.
By sector, the portfolio is most concentrated in Consumer Discretionary at 19% of assets, down from 21% a quarter earlier, followed by Healthcare and Technology.
Against the trend, Jennison Associates opened a new position in S&P Global worth $677M.
- Jennison Associates's largest Q2 2016 buy was S&P Global: 6,307,763 shares worth $677M.
- Jennison Associates added most to Allergan plc in Q2 2016, an estimated $437M increase.
- Jennison Associates's biggest Q2 2016 reduction was Under Armour, cutting an estimated $1.03B.
- Jennison Associates fully exited MCGRAW-HILL FINANCIAL INC COM in Q2 2016, selling an estimated $627M.
- Jennison Associates's ten largest holdings make up 23% of its $91.1B portfolio in Q2 2016.
- Jennison Associates opened 83 new positions and closed 61 in Q2 2016.
- Jennison Associates's portfolio value fell 4.3% quarter-over-quarter to $91.1B.
Based on Jennison Associates's 13F filing for Q2 2016, filed 3 Aug 2016.