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 |
Regeneron Pharmaceuticals
REGN
|
+$846M |
| 2 |
JD.com
JD
|
+$782M |
| 3 |
Dollar General
DG
|
+$647M |
| 4 |
Monster Beverage
MNST
|
+$324M |
| 5 |
NXP Semiconductors
NXPI
|
+$240M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Union Pacific
UNP
|
+$668M |
| 2 |
Mondelez International
MDLZ
|
+$528M |
| 3 |
Alibaba
BABA
|
+$457M |
| 4 |
TWTR
Twitter, Inc.
TWTR
|
+$409M |
| 5 |
CELG
Celgene Corp
CELG
|
+$403M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 20.97% |
| 2 | Consumer Discretionary | 16.01% |
| 3 | Technology | 12.95% |
| 4 | Communication Services | 12.43% |
| 5 | Financials | 9.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
HT
201
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $100M | 0.09% |
3,914,603
+536,038
| +16% | +$13.9M |
|
|
AMTD
202
DELISTED
TD Ameritrade Holding Corp
AMTD
| $100M | 0.09% |
+2,720,666
| New | +$101M |
|
203
Clearway Energy Class C
CWEN
$4.79B
| $99.3M | 0.09% |
4,535,329
-997,459
| -18% | -$25.1M |
|
204
Labcorp
LH
$25.2B
| $99.1M | 0.09% |
+951,965
| New | +$99.1M |
|
205
Travere Therapeutics
TVTX
$5.17B
| $98.4M | 0.09% |
2,967,503
-276,384
| -9% | -$7.57M |
|
206
Hyatt Hotels
H
$17.5B
| $97.6M | 0.09% |
1,721,716
-6,605
| -0.4% | -$384K |
|
207
G-III Apparel Group
GIII
$1.54B
| $97.4M | 0.09% |
1,384,999
+66,461
| +5% | +$4.07M |
|
208
Tempest Therapeutics
TPST
$14.3M
| $97.3M | 0.09% |
1,150
+268
| +30% | +$24.5M |
|
209
Portland General Electric
POR
$5.82B
| $97M | 0.09% |
2,924,490
-509,556
| -15% | -$17.9M |
|
210
HCA Healthcare
HCA
$90.6B
| $96.9M | 0.09% |
1,068,463
+6,264
| +0.6% | +$502K |
|
211
TransDigm Group
TDG
$70.7B
| $96.4M | 0.09% |
428,881
+56,628
| +15% | +$12.7M |
|
|
AMSG
212
DELISTED
Amsurg Corp
AMSG
| $96.2M | 0.09% |
1,374,617
+119,160
| +9% | +$7.96M |
|
213
Navient
NAVI
$819M
| $95.7M | 0.09% |
5,256,184
+12,158
| +0.2% | +$238K |
|
|
XEC
214
DELISTED
CIMAREX ENERGY CO
XEC
| $95M | 0.09% |
861,459
-557,892
| -39% | -$66.7M |
|
215
PVH
PVH
$4.07B
| $95M | 0.09% |
824,687
-585,354
| -42% | -$63.5M |
|
216
Exelon
EXC
$48.1B
| $94.9M | 0.09% |
4,233,997
-1,179,477
| -22% | -$28.3M |
|
217
Norwegian Cruise Line
NCLH
$9.53B
| $94.6M | 0.09% |
1,687,902
-59,871
| -3% | -$3.22M |
|
|
MJN
218
DELISTED
Mead Johnson Nutrition Company
MJN
| $94.6M | 0.09% |
1,048,245
-3,246,021
| -76% | -$313M |
|
219
Capital One
COF
$128B
| $93.9M | 0.09% |
1,067,042
+14,302
| +1% | +$1.2M |
|
220
Alliant Energy
LNT
$18.6B
| $93.6M | 0.09% |
3,243,122
-198,172
| -6% | -$6.01M |
|
|
DYN
221
DELISTED
Dynegy, Inc.
DYN
| $92.6M | 0.08% |
3,164,744
+56,448
| +2% | +$1.83M |
|
222
Energy Transfer Partners
ET
$69.5B
| $92.3M | 0.08% |
2,875,722
+42,196
| +1% | +$1.41M |
|
223
Xerox
XRX
$345M
| $90.9M | 0.08% |
3,243,434
+11,722
| +0.4% | +$362K |
|
|
TGE
224
DELISTED
Tallgrass Energy, LP Class A Shares
TGE
| $90.5M | 0.08% |
+2,814,118
| New | +$89.6M |
|
|
ARG
225
DELISTED
Airgas Inc
ARG
| $88.7M | 0.08% |
838,464
-257,254
| -23% | -$26.9M |
|
Similar funds
Jennison Associates's Q2 2015 Portfolio in Review
As of Q2 2015, Jennison Associates held 801 positions worth $109B, down 0.05% from $109B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Jennison Associates's Q2 2015 filing shows 92 new, 315 increased, 305 reduced and 72 closed positions. Its largest new stake was Regeneron Pharmaceuticals: 1,732,726 shares worth $884M. The largest sale was Union Pacific, an estimated $668M.
By sector, the portfolio is most concentrated in Healthcare at 21% of assets, up from 20% a quarter earlier, followed by Consumer Discretionary and Technology.
- Jennison Associates's largest Q2 2015 buy was Regeneron Pharmaceuticals: 1,732,726 shares worth $884M.
- Jennison Associates added most to JD.com in Q2 2015, an estimated $782M increase.
- Jennison Associates's biggest Q2 2015 reduction was Union Pacific, cutting an estimated $668M.
- Jennison Associates fully exited Perrigo in Q2 2015, selling an estimated $204M.
- Jennison Associates's ten largest holdings make up 21% of its $109B portfolio in Q2 2015.
- Jennison Associates opened 92 new positions and closed 72 in Q2 2015.
- Jennison Associates's portfolio value fell 0.05% quarter-over-quarter to $109B.
Based on Jennison Associates's 13F filing for Q2 2015, filed 3 Aug 2015.