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 | |
|---|---|---|---|---|---|---|
176
Norwegian Cruise Line
NCLH
$7.65B
| $93.8M | 0.1% |
2,353,899
+216,302
| +10% | +$10.3M |
|
177
Ryder
R
$9.43B
| $93.3M | 0.1% |
+1,526,330
| New | +$101M |
|
178
Quanta Services
PWR
$90.6B
| $91.7M | 0.1% |
3,964,540
+68,412
| +2% | +$1.58M |
|
179
Teva Pharmaceuticals
TEVA
$42.5B
| $91.6M | 0.1% |
1,824,169
-6,085
| -0.3% | -$324K |
|
180
DuPont de Nemours
DD
$18.5B
| $91.1M | 0.1% |
723,733
+184,937
| +34% | +$24.3M |
|
181
AMC Global Media
AMCX
$522M
| $91M | 0.1% |
1,506,361
+213,317
| +16% | +$13.6M |
|
|
VIAB
182
DELISTED
Viacom Inc. Class B
VIAB
| $90.8M | 0.1% |
2,190,267
+233,412
| +12% | +$9.65M |
|
183
CDW
CDW
$18.5B
| $90.6M | 0.1% |
2,260,334
+1,245,656
| +123% | +$51.7M |
|
|
HES
184
DELISTED
Hess
HES
| $90.3M | 0.1% |
1,502,318
+205,246
| +16% | +$11.9M |
|
185
AutoZone
AZO
$48.4B
| $90M | 0.1% |
113,378
+21,560
| +23% | +$16.6M |
|
|
AMTD
186
DELISTED
TD Ameritrade Holding Corp
AMTD
| $89.7M | 0.1% |
3,149,111
-97,870
| -3% | -$2.98M |
|
187
Check Point Software Technologies
CHKP
$14.1B
| $89.6M | 0.1% |
1,124,885
-87,213
| -7% | -$7.3M |
|
|
KATE
188
DELISTED
Kate Spade & Company
KATE
| $89.5M | 0.1% |
4,340,993
+148,905
| +4% | +$3.4M |
|
189
Atmos Energy
ATO
$28.2B
| $88.1M | 0.1% |
1,083,187
+235,373
| +28% | +$17.5M |
|
190
Equinix
EQIX
$103B
| $87M | 0.1% |
224,507
+27,901
| +14% | +$9.74M |
|
191
Adecoagro
AGRO
$1.55B
| $87M | 0.1% |
7,926,134
-154,879
| -2% | -$1.7M |
|
192
Wintrust Financial
WTFC
$10.3B
| $86.8M | 0.1% |
1,702,721
-73,169
| -4% | -$3.66M |
|
193
Aramark
ARMK
$15.3B
| $86.7M | 0.1% |
+3,593,399
| New | +$86.5M |
|
194
Paycom
PAYC
$10.8B
| $85.9M | 0.09% |
1,987,076
-113,446
| -5% | -$4.43M |
|
|
MJN
195
DELISTED
Mead Johnson Nutrition Company
MJN
| $85.9M | 0.09% |
946,099
-79,536
| -8% | -$6.73M |
|
196
Jazz Pharmaceuticals
JAZZ
$15.9B
| $85.6M | 0.09% |
606,020
-54,058
| -8% | -$7.97M |
|
197
Hyatt Hotels
H
$16.2B
| $85.6M | 0.09% |
1,741,113
-16,961
| -1% | -$810K |
|
198
Bank OZK
OZK
$5.39B
| $85.1M | 0.09% |
2,269,098
+228,822
| +11% | +$9.02M |
|
|
SUM
199
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $84.9M | 0.09% |
4,332,049
+408,212
| +10% | +$8.15M |
|
|
ETP
200
DELISTED
Energy Transfer Partners L.p.
ETP
| $84.3M | 0.09% |
2,214,600
+619,064
| +39% | +$22.2M |
|
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.