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 |
Broadcom
AVGO
|
+$781M |
| 2 |
Nike
NKE
|
+$773M |
| 3 |
ATVI
Activision Blizzard
ATVI
|
+$536M |
| 4 |
Texas Instruments
TXN
|
+$493M |
| 5 |
AGN
Allergan plc
AGN
|
+$379M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Starbucks
SBUX
|
+$1.07B |
| 2 |
Qualcomm
QCOM
|
+$673M |
| 3 |
TJX Companies
TJX
|
+$603M |
| 4 |
NVIDIA
NVDA
|
+$431M |
| 5 |
Regeneron Pharmaceuticals
REGN
|
+$429M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.85% |
| 2 | Consumer Discretionary | 17.51% |
| 3 | Healthcare | 13.97% |
| 4 | Communication Services | 13.08% |
| 5 | Financials | 10.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
Alliant Energy
LNT
$17.6B
| $92.2M | 0.1% |
2,328,163
-3,678
| -0.2% | -$141K |
|
177
Edwards Lifesciences
EW
$52B
| $91.1M | 0.1% |
2,904,678
+527,082
| +22% | +$16.5M |
|
178
Zurn Elkay Water Solutions
ZWS
$7.97B
| $90.4M | 0.1% |
8,129,604
-446,506
| -5% | -$4.81M |
|
179
Capital One
COF
$132B
| $90.3M | 0.1% |
1,041,434
-10,996
| -1% | -$980K |
|
180
Flex
FLEX
$40.8B
| $90.2M | 0.1% |
7,123,092
-27,718
| -0.4% | -$332K |
|
|
AMTD
181
DELISTED
TD Ameritrade Holding Corp
AMTD
| $89.9M | 0.1% |
2,312,987
+28,541
| +1% | +$1.22M |
|
|
TGE
182
DELISTED
Tallgrass Energy, LP Class A Shares
TGE
| $88.8M | 0.1% |
3,087,830
-135,953
| -4% | -$3.73M |
|
183
NiSource
NI
$19.5B
| $88M | 0.09% |
3,700,802
-551,840
| -13% | -$12.6M |
|
184
Hyatt Hotels
H
$16.2B
| $87.2M | 0.09% |
1,615,212
+44,231
| +3% | +$2.38M |
|
185
Crown Castle
CCI
$32.4B
| $85.5M | 0.09% |
904,756
-550,302
| -38% | -$49.2M |
|
186
Humana
HUM
$46.3B
| $84.9M | 0.09% |
411,642
-2,411
| -0.6% | -$498K |
|
|
SBNY
187
DELISTED
Signature Bank
SBNY
| $84.5M | 0.09% |
569,740
-6,174
| -1% | -$956K |
|
188
Wells Fargo
WFC
$262B
| $84.5M | 0.09% |
1,518,378
-95,244
| -6% | -$5.4M |
|
189
Adecoagro
AGRO
$1.55B
| $84M | 0.09% |
7,330,098
-299,130
| -4% | -$3.51M |
|
190
Church & Dwight Co
CHD
$24B
| $82M | 0.09% |
1,643,673
-249,493
| -13% | -$11.9M |
|
|
MINI
191
DELISTED
Mobile Mini Inc
MINI
| $82M | 0.09% |
2,687,141
-358,750
| -12% | -$11.3M |
|
192
Atmos Energy
ATO
$28.2B
| $81.6M | 0.09% |
1,032,821
-332
| -0% | -$25.5K |
|
193
Cooper Companies
COO
$13.9B
| $80.5M | 0.09% |
1,610,796
-31,624
| -2% | -$1.5M |
|
194
Fidelity National Information Services
FIS
$21.4B
| $80.2M | 0.09% |
1,007,071
+48,644
| +5% | +$3.91M |
|
195
Intercontinental Exchange
ICE
$91.1B
| $79.6M | 0.09% |
1,329,322
-33,974
| -2% | -$1.99M |
|
|
BLUE
196
DELISTED
bluebird bio
BLUE
| $78.7M | 0.08% |
66,813
-390
| -0.6% | -$398K |
|
197
Bankunited
BKU
$3.3B
| $78.5M | 0.08% |
2,103,451
+563,176
| +37% | +$21.4M |
|
198
Quanta Services
PWR
$90.6B
| $78.4M | 0.08% |
2,113,691
-671,802
| -24% | -$24.5M |
|
|
XIFR
199
XPLR Infrastructure LP
XIFR
$1.11B
| $78.1M | 0.08% |
2,357,915
+852
| +0% | +$25.9K |
|
200
TransDigm Group
TDG
$65.6B
| $77.9M | 0.08% |
353,842
-129,872
| -27% | -$31M |
|
Similar funds
Jennison Associates's Q1 2017 Portfolio in Review
As of Q1 2017, Jennison Associates held 861 positions worth $93.2B, up 4.1% from $89.6B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Jennison Associates withdrew a net $4.56B in Q1 2017, closing 224 positions and reducing 376 holdings. Its most notable exit was Mobileye N.V., an estimated $165M position sold in full.
By sector, the portfolio is most concentrated in Technology at 21% of assets, up from 19% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, Jennison Associates opened a new position in Snap worth $119M.
- Jennison Associates's largest Q1 2017 buy was Snap: 5,289,727 shares worth $119M.
- Jennison Associates added most to Broadcom in Q1 2017, an estimated $781M increase.
- Jennison Associates's biggest Q1 2017 reduction was Starbucks, cutting an estimated $1.07B.
- Jennison Associates fully exited Mobileye N.V. in Q1 2017, selling an estimated $165M.
- Jennison Associates's ten largest holdings make up 26% of its $93.2B portfolio in Q1 2017.
- Jennison Associates opened 55 new positions and closed 224 in Q1 2017.
- Jennison Associates's portfolio value rose 4.1% quarter-over-quarter to $93.2B.
Based on Jennison Associates's 13F filing for Q1 2017, filed 28 Apr 2017.