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 |
McDonald's
MCD
|
+$770M |
| 2 |
Crown Castle
CCI
|
+$678M |
| 3 |
ATVI
Activision Blizzard
ATVI
|
+$557M |
| 4 |
Vertex Pharmaceuticals
VRTX
|
+$437M |
| 5 |
BioMarin Pharmaceuticals
BMRN
|
+$305M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Nike
NKE
|
+$1.22B |
| 2 |
ALXN
Alexion Pharmaceuticals
ALXN
|
+$1.04B |
| 3 |
Amazon
AMZN
|
+$661M |
| 4 |
SHPG
Shire pic
SHPG
|
+$478M |
| 5 |
TWX
Time Warner Inc
TWX
|
+$457M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 21.25% |
| 2 | Consumer Discretionary | 17.77% |
| 3 | Healthcare | 14.23% |
| 4 | Communication Services | 13.04% |
| 5 | Financials | 10.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
Check Point Software Technologies
CHKP
$14.1B
| $103M | 0.11% |
941,923
-23,706
| -2% | -$2.56M |
|
152
Chubb
CB
$131B
| $101M | 0.11% |
697,923
-4,994
| -0.7% | -$703K |
|
153
Allegion
ALLE
$13.4B
| $101M | 0.11% |
1,242,429
-34,192
| -3% | -$2.68M |
|
154
TC Energy
TRP
$64.4B
| $101M | 0.11% |
2,111,281
+89,117
| +4% | +$4.19M |
|
155
Henry Schein
HSIC
$9.98B
| $101M | 0.11% |
1,402,543
-14,339
| -1% | -$999K |
|
156
Ameren
AEE
$29.4B
| $99.2M | 0.11% |
1,814,430
-335,000
| -16% | -$18.6M |
|
157
Portland General Electric
POR
$5.83B
| $99.1M | 0.11% |
2,169,016
-288,548
| -12% | -$13.3M |
|
|
AERI
158
DELISTED
Aerie Pharmaceuticals
AERI
| $99.1M | 0.11% |
1,885,075
-1,249,841
| -40% | -$58.2M |
|
159
Humana
HUM
$46.3B
| $98.7M | 0.1% |
410,041
-1,601
| -0.4% | -$362K |
|
160
Eaton
ETN
$156B
| $98.6M | 0.1% |
1,266,678
-23,352
| -2% | -$1.78M |
|
|
AMTD
161
DELISTED
TD Ameritrade Holding Corp
AMTD
| $97M | 0.1% |
2,256,411
-56,576
| -2% | -$2.2M |
|
162
American Water Works
AWK
$27.5B
| $95.3M | 0.1% |
1,221,935
+22,691
| +2% | +$1.78M |
|
163
NiSource
NI
$19.5B
| $93.9M | 0.1% |
3,700,802
| – | – |
|
164
Fidelity National Information Services
FIS
$21.4B
| $93.6M | 0.1% |
1,096,526
+89,455
| +9% | +$7.48M |
|
165
Alliant Energy
LNT
$17.6B
| $93.5M | 0.1% |
2,328,163
| – | – |
|
166
Sprouts Farmers Market
SFM
$7.6B
| $93M | 0.1% |
4,101,702
-2,115,306
| -34% | -$49M |
|
167
Bank OZK
OZK
$5.39B
| $92.3M | 0.1% |
1,969,950
-339,910
| -15% | -$16.2M |
|
168
Wintrust Financial
WTFC
$10.3B
| $90M | 0.1% |
1,176,922
+52,161
| +5% | +$3.73M |
|
|
FOLD
169
DELISTED
Amicus Therapeutics
FOLD
| $90M | 0.1% |
8,933,758
-101,909
| -1% | -$820K |
|
|
XIFR
170
XPLR Infrastructure LP
XIFR
$1.11B
| $89.8M | 0.1% |
2,428,634
+70,719
| +3% | +$2.44M |
|
|
VIAB
171
DELISTED
Viacom Inc. Class B
VIAB
| $88.8M | 0.09% |
2,645,749
+23,885
| +0.9% | +$909K |
|
172
Hyatt Hotels
H
$16.2B
| $88.7M | 0.09% |
1,578,025
-37,187
| -2% | -$2.11M |
|
173
IPG Photonics
IPGP
$3.26B
| $88.2M | 0.09% |
608,020
-19,521
| -3% | -$2.62M |
|
174
Cisco
CSCO
$433B
| $87.6M | 0.09% |
2,799,814
-1,846,065
| -40% | -$60.1M |
|
|
SAGE
175
DELISTED
Sage Therapeutics
SAGE
| $86.8M | 0.09% |
1,089,528
+4,806
| +0.4% | +$347K |
|
Similar funds
Jennison Associates's Q2 2017 Portfolio in Review
As of Q2 2017, Jennison Associates held 698 positions worth $94.3B, up 1.1% from $93.2B the previous quarter. Its ten largest holdings account for 27% of the portfolio.
Jennison Associates withdrew a net $3.11B in Q2 2017, closing 61 positions and reducing 332 holdings. Its most notable exit was NXP Semiconductors, an estimated $452M position sold in full.
By sector, the portfolio is most concentrated in Technology at 21% of assets, up from 21% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, Jennison Associates opened a new position in Newell Brands worth $125M.
- Jennison Associates's largest Q2 2017 buy was Newell Brands: 2,328,211 shares worth $125M.
- Jennison Associates added most to McDonald's in Q2 2017, an estimated $770M increase.
- Jennison Associates's biggest Q2 2017 reduction was Nike, cutting an estimated $1.22B.
- Jennison Associates fully exited NXP Semiconductors in Q2 2017, selling an estimated $452M.
- Jennison Associates's ten largest holdings make up 27% of its $94.3B portfolio in Q2 2017.
- Jennison Associates opened 62 new positions and closed 61 in Q2 2017.
- Jennison Associates's portfolio value rose 1.1% quarter-over-quarter to $94.3B.
Based on Jennison Associates's 13F filing for Q2 2017, filed 4 Aug 2017.