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 |
TWX
Time Warner Inc
TWX
|
+$567M |
| 2 |
Kroger
KR
|
+$566M |
| 3 |
AGN
Allergan plc
AGN
|
+$491M |
| 4 |
NXP Semiconductors
NXPI
|
+$366M |
| 5 |
Sherwin-Williams
SHW
|
+$274M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PCP
PRECISION CASTPARTS CORP
PCP
|
+$880M |
| 2 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$731M |
| 3 |
CELG
Celgene Corp
CELG
|
+$395M |
| 4 |
AGN
Allergan Inc
AGN
|
+$320M |
| 5 |
TIF
Tiffany & Co.
TIF
|
+$309M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 20.43% |
| 2 | Consumer Discretionary | 15.4% |
| 3 | Technology | 13.31% |
| 4 | Communication Services | 12.45% |
| 5 | Financials | 8.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
Dominion Energy
D
$57.7B
| $124M | 0.11% |
1,751,637
-145,925
| -8% | -$10.8M |
|
|
WCC
177
WESCO International
WCC
$16.4B
| $124M | 0.11% |
1,774,507
-23,570
| -1% | -$1.63M |
|
178
Home Depot
HD
$329B
| $124M | 0.11% |
1,090,451
-89,685
| -8% | -$9.89M |
|
179
CBRE Group
CBRE
$43.7B
| $124M | 0.11% |
3,191,819
-42,728
| -1% | -$1.47M |
|
180
Hilton Worldwide
HLT
$72.4B
| $123M | 0.11% |
1,386,012
+664,964
| +92% | +$55M |
|
|
INVX
181
Innovex International
INVX
$2.11B
| $121M | 0.11% |
1,773,400
-463,162
| -21% | -$33.4M |
|
182
Cigna
CI
$73.7B
| $119M | 0.11% |
915,479
+92,934
| +11% | +$10.8M |
|
183
Viatris
VTRS
$18.8B
| $118M | 0.11% |
1,986,181
-67,261
| -3% | -$3.83M |
|
184
Church & Dwight Co
CHD
$24B
| $118M | 0.11% |
2,756,024
-37,306
| -1% | -$1.55M |
|
|
ARG
185
DELISTED
Airgas Inc
ARG
| $116M | 0.11% |
1,095,718
-14,848
| -1% | -$1.68M |
|
186
Aptiv
APTV
$9.5B
| $116M | 0.11% |
1,455,952
+162,882
| +13% | +$12.2M |
|
|
PPL
187
PPL Corp
PPL
$25.7B
| $115M | 0.11% |
3,656,510
-345,514
| -9% | -$11.1M |
|
188
Bath & Body Works
BBWI
$3.88B
| $115M | 0.11% |
1,503,138
-667,589
| -31% | -$48.2M |
|
189
F5
FFIV
$22.3B
| $113M | 0.1% |
981,970
+165,745
| +20% | +$19.5M |
|
|
SBNY
190
DELISTED
Signature Bank
SBNY
| $110M | 0.1% |
851,496
+93,331
| +12% | +$11.6M |
|
191
Xerox
XRX
$402M
| $109M | 0.1% |
3,231,712
+118,395
| +4% | +$4.18M |
|
192
Phillips 66
PSX
$97.4B
| $109M | 0.1% |
1,380,716
-575,692
| -29% | -$42.3M |
|
193
Alliant Energy
LNT
$17.6B
| $108M | 0.1% |
3,441,294
+127,006
| +4% | +$4.14M |
|
|
KYTH
194
DELISTED
KYTHERA BIOPHARMACEUTICALS, INC COM
KYTH
| $108M | 0.1% |
2,160,438
+528,269
| +32% | +$22.2M |
|
195
American Electric Power
AEP
$66.6B
| $108M | 0.1% |
1,921,684
| – | – |
|
|
CPN
196
DELISTED
Calpine Corporation
CPN
| $107M | 0.1% |
4,686,553
+226,227
| +5% | +$4.88M |
|
197
Analog Devices
ADI
$175B
| $107M | 0.1% |
1,700,468
-22,799
| -1% | -$1.29M |
|
198
Navient
NAVI
$887M
| $107M | 0.1% |
5,244,026
+3,242,896
| +162% | +$66.6M |
|
199
Global Payments
GPN
$24.3B
| $106M | 0.1% |
2,320,588
-335,400
| -13% | -$15M |
|
|
QLIK
200
DELISTED
QLIK TECHNOLOGIES INC COM STK (DE)
QLIK
| $106M | 0.1% |
3,393,865
+245,749
| +8% | +$7.52M |
|
Similar funds
Jennison Associates's Q1 2015 Portfolio in Review
As of Q1 2015, Jennison Associates held 801 positions worth $109B, up 2.1% from $107B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Jennison Associates's Q1 2015 filing shows 86 new, 297 increased, 319 reduced and 92 closed positions. Its largest new stake was NXP Semiconductors: 4,151,977 shares worth $417M. The largest sale was PRECISION CASTPARTS CORP, an estimated $880M.
By sector, the portfolio is most concentrated in Healthcare at 20% of assets, up from 20% a quarter earlier, followed by Consumer Discretionary and Technology.
- Jennison Associates's largest Q1 2015 buy was NXP Semiconductors: 4,151,977 shares worth $417M.
- Jennison Associates added most to Time Warner Inc in Q1 2015, an estimated $567M increase.
- Jennison Associates's biggest Q1 2015 reduction was Twenty-First Century Fox, Inc. Class A, cutting an estimated $731M.
- Jennison Associates fully exited PRECISION CASTPARTS CORP in Q1 2015, selling an estimated $880M.
- Jennison Associates's ten largest holdings make up 21% of its $109B portfolio in Q1 2015.
- Jennison Associates opened 86 new positions and closed 92 in Q1 2015.
- Jennison Associates's portfolio value rose 2.1% quarter-over-quarter to $109B.
Based on Jennison Associates's 13F filing for Q1 2015, filed 4 May 2015.