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 |
PNC Financial Services
PNC
|
+$630M |
| 2 |
Nike
NKE
|
+$627M |
| 3 |
XYZ
Block Inc
XYZ
|
+$306M |
| 4 |
ALXN
Alexion Pharmaceuticals
ALXN
|
+$295M |
| 5 |
FedEx
FDX
|
+$248M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.2B |
| 2 |
Meta Platforms (Facebook)
META
|
+$669M |
| 3 |
AbbVie
ABBV
|
+$567M |
| 4 |
Corning
GLW
|
+$343M |
| 5 |
McDonald's
MCD
|
+$342M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 21.06% |
| 2 | Consumer Discretionary | 16.67% |
| 3 | Financials | 13.94% |
| 4 | Healthcare | 12.79% |
| 5 | Communication Services | 11.59% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
Vulcan Materials
VMC
$35.6B
| $74M | 0.07% |
647,894
-83,379
| -11% | -$10.5M |
|
202
Cheniere Energy
LNG
$58.3B
| $74M | 0.07% |
1,383,835
-126,496
| -8% | -$6.97M |
|
203
DexCom
DXCM
$34.3B
| $72.5M | 0.07% |
3,910,036
-1,202,760
| -24% | -$17.8M |
|
204
IQVIA
IQV
$43.1B
| $72.2M | 0.07% |
735,565
-85,899
| -10% | -$8.68M |
|
205
JD.com
JD
$38.8B
| $71.2M | 0.07% |
1,758,412
+1,720,333
| +4,518% | +$78M |
|
|
TWX
206
DELISTED
Time Warner Inc
TWX
| $70.9M | 0.07% |
750,001
+119,845
| +19% | +$11.3M |
|
207
Avient
AVNT
$4.1B
| $70.2M | 0.07% |
1,651,008
+146,827
| +10% | +$6.34M |
|
208
Church & Dwight Co
CHD
$24B
| $70.1M | 0.07% |
1,391,896
-177,841
| -11% | -$8.76M |
|
209
Public Service Enterprise Group
PEG
$36.5B
| $70.1M | 0.07% |
1,394,503
+42,305
| +3% | +$2.08M |
|
210
Eaton
ETN
$156B
| $69.4M | 0.07% |
868,339
-109,455
| -11% | -$8.98M |
|
211
JB Hunt Transport Services
JBHT
$24.5B
| $68M | 0.07% |
580,100
-67,111
| -10% | -$8.03M |
|
212
Patterson-UTI
PTEN
$4.74B
| $67.6M | 0.07% |
3,859,216
-820,748
| -18% | -$17.1M |
|
213
lululemon athletica
LULU
$13.7B
| $66.6M | 0.07% |
747,299
-92,637
| -11% | -$7.41M |
|
214
Trinity Industries
TRN
$2.33B
| $66M | 0.07% |
2,809,473
-145,219
| -5% | -$3.58M |
|
|
XENT
215
DELISTED
Intersect ENT, Inc
XENT
| $65.8M | 0.07% |
1,674,752
-361,450
| -18% | -$13.2M |
|
|
HT
216
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $65.7M | 0.07% |
3,671,824
-21,347
| -0.6% | -$379K |
|
217
XPO
XPO
$22.1B
| $65.7M | 0.07% |
1,865,906
-32,569
| -2% | -$1.09M |
|
218
Pembina Pipeline
PBA
$27.9B
| $65.4M | 0.07% |
2,095,043
+444,222
| +27% | +$14.7M |
|
219
Teladoc Health
TDOC
$1.18B
| $65.2M | 0.06% |
1,617,508
-178,880
| -10% | -$6.75M |
|
220
Aramark
ARMK
$15.3B
| $64.3M | 0.06% |
2,251,518
-972,115
| -30% | -$29.8M |
|
|
BRSL
221
Brightstar Lottery PLC
BRSL
$2.11B
| $64.1M | 0.06% |
2,397,646
+264,965
| +12% | +$7.36M |
|
222
Integra LifeSciences
IART
$1.31B
| $64M | 0.06% |
1,156,350
+140,045
| +14% | +$7.34M |
|
223
Biogen
BIIB
$32.3B
| $63.2M | 0.06% |
230,771
+105,530
| +84% | +$32.8M |
|
|
MULE
224
DELISTED
MuleSoft, Inc.
MULE
| $61.9M | 0.06% |
1,406,806
-374,703
| -21% | -$11.1M |
|
225
Pinnacle West Capital
PNW
$11.8B
| $61.1M | 0.06% |
766,163
| – | – |
|
Similar funds
Jennison Associates's Q1 2018 Portfolio in Review
As of Q1 2018, Jennison Associates held 730 positions worth $101B, down 0.67% from $101B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Jennison Associates withdrew a net $4.11B in Q1 2018, closing 79 positions and reducing 339 holdings. Its most notable exit was Newell Brands, an estimated $95.7M position sold in full.
By sector, the portfolio is most concentrated in Technology at 21% of assets, down from 21% a quarter earlier, followed by Consumer Discretionary and Financials.
Against the trend, Jennison Associates opened a new position in Emerson Electric worth $113M.
- Jennison Associates's largest Q1 2018 buy was Emerson Electric: 1,658,090 shares worth $113M.
- Jennison Associates added most to PNC Financial Services in Q1 2018, an estimated $630M increase.
- Jennison Associates's biggest Q1 2018 reduction was Apple, cutting an estimated $1.2B.
- Jennison Associates fully exited Newell Brands in Q1 2018, selling an estimated $95.7M.
- Jennison Associates's ten largest holdings make up 28% of its $101B portfolio in Q1 2018.
- Jennison Associates opened 81 new positions and closed 79 in Q1 2018.
- Jennison Associates's portfolio value fell 0.67% quarter-over-quarter to $101B.
Based on Jennison Associates's 13F filing for Q1 2018, filed 20 Apr 2018.