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 | |
|---|---|---|---|---|---|---|
176
Voya Financial
VOYA
$9.29B
| $96.8M | 0.1% |
3,252,259
-48,629
| -1% | -$1.47M |
|
|
WR
177
DELISTED
Westar Energy Inc
WR
| $96.5M | 0.1% |
1,944,902
+672
| +0% | +$30K |
|
|
MINI
178
DELISTED
Mobile Mini Inc
MINI
| $95.7M | 0.1% |
2,898,238
+58,108
| +2% | +$1.64M |
|
179
Adecoagro
AGRO
$1.55B
| $93.3M | 0.1% |
8,081,013
+551,464
| +7% | +$6.69M |
|
180
United Parks & Resorts
PRKS
$1.93B
| $93.2M | 0.1% |
4,427,450
-50,223
| -1% | -$939K |
|
|
NFX
181
DELISTED
Newfield Exploration
NFX
| $92.7M | 0.1% |
2,788,557
+1,297,004
| +87% | +$36.6M |
|
182
Chubb
CB
$131B
| $92M | 0.1% |
772,491
+12,223
| +2% | +$1.4M |
|
|
AET
183
DELISTED
Aetna Inc
AET
| $91.1M | 0.1% |
811,258
+14,417
| +2% | +$1.54M |
|
184
East-West Bancorp
EWBC
$17.7B
| $90.4M | 0.09% |
2,783,626
+78,249
| +3% | +$2.55M |
|
185
Exelon
EXC
$45.3B
| $88M | 0.09% |
3,439,311
+1,862,445
| +118% | +$41.7M |
|
186
Quanta Services
PWR
$90.6B
| $87.9M | 0.09% |
3,896,128
-308,089
| -7% | -$6.1M |
|
|
HT
187
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $87.5M | 0.09% |
4,101,370
+112,937
| +3% | +$2.22M |
|
|
MJN
188
DELISTED
Mead Johnson Nutrition Company
MJN
| $87.1M | 0.09% |
1,025,635
-13,320
| -1% | -$991K |
|
189
Hyatt Hotels
H
$16.2B
| $87M | 0.09% |
1,758,074
+12,942
| +0.7% | +$562K |
|
190
Jazz Pharmaceuticals
JAZZ
$15.9B
| $86.2M | 0.09% |
660,078
-3,468
| -0.5% | -$432K |
|
191
Bank OZK
OZK
$5.39B
| $85.6M | 0.09% |
2,040,276
+869,548
| +74% | +$36.6M |
|
192
AstraZeneca
AZN
$252B
| $85.5M | 0.09% |
1,517,468
+17,908
| +1% | +$1.08M |
|
193
AMC Global Media
AMCX
$522M
| $84M | 0.09% |
1,293,044
-3,919
| -0.3% | -$268K |
|
194
Vertex Pharmaceuticals
VRTX
$137B
| $83.8M | 0.09% |
1,054,142
-1,029,650
| -49% | -$93.1M |
|
195
TransDigm Group
TDG
$65.6B
| $83.6M | 0.09% |
379,268
+26,948
| +8% | +$5.88M |
|
|
AMSG
196
DELISTED
Amsurg Corp
AMSG
| $82.5M | 0.09% |
1,105,662
-31,879
| -3% | -$2.24M |
|
|
LPNT
197
DELISTED
LifePoint Health, Inc.
LPNT
| $81.7M | 0.09% |
1,179,839
+63,785
| +6% | +$4.26M |
|
|
FTRPR
198
DELISTED
Frontier Communications Corporation 11.125% Series A Mandatory Convertible Preferred Stock
FTRPR
| $81.3M | 0.09% |
779,119
+70,896
| +10% | +$6.63M |
|
199
Bankunited
BKU
$3.3B
| $81.1M | 0.09% |
2,354,255
+573,898
| +32% | +$19.2M |
|
200
Xerox
XRX
$402M
| $81M | 0.09% |
2,753,066
-395,245
| -13% | -$10.2M |
|
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.