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 |
AstraZeneca
AZN
|
+$774M |
| 2 |
Intuitive Surgical
ISRG
|
+$654M |
| 3 |
S&P Global
SPGI
|
+$464M |
| 4 |
ALXN
Alexion Pharmaceuticals
ALXN
|
+$326M |
| 5 |
CELG
Celgene Corp
CELG
|
+$243M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FedEx
FDX
|
+$591M |
| 2 |
Broadcom
AVGO
|
+$550M |
| 3 |
Monster Beverage
MNST
|
+$408M |
| 4 |
Booking.com
BKNG
|
+$377M |
| 5 |
McDonald's
MCD
|
+$371M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 22.27% |
| 2 | Consumer Discretionary | 16.23% |
| 3 | Healthcare | 15.49% |
| 4 | Financials | 12.97% |
| 5 | Communication Services | 11.28% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PFPT
201
DELISTED
Proofpoint, Inc.
PFPT
| $71.4M | 0.07% |
671,609
+96,065
| +17% | +$11.2M |
|
202
Brighthouse Financial
BHF
$3.66B
| $70.6M | 0.07% |
1,596,917
-503,372
| -24% | -$21.2M |
|
203
Gaming and Leisure Properties
GLPI
$13B
| $69.9M | 0.06% |
1,983,293
+168,253
| +9% | +$5.96M |
|
204
Public Service Enterprise Group
PEG
$39.3B
| $69.8M | 0.06% |
1,321,701
-452,064
| -25% | -$23.6M |
|
205
Steven Madden
SHOO
$3.22B
| $68.7M | 0.06% |
1,948,556
-18,847
| -1% | -$700K |
|
206
CSX Corp
CSX
$94.2B
| $68.2M | 0.06% |
2,764,689
+79,887
| +3% | +$1.9M |
|
207
FirstEnergy
FE
$28.7B
| $67.9M | 0.06% |
1,825,747
+466,809
| +34% | +$17.1M |
|
|
CXP
208
DELISTED
COLUMBIA PROPERTY TRUST, INC.
CXP
| $67.7M | 0.06% |
2,862,999
+930,179
| +48% | +$21.6M |
|
209
Integra LifeSciences
IART
$1.54B
| $66.6M | 0.06% |
1,011,455
-3,247
| -0.3% | -$202K |
|
210
Norwegian Cruise Line
NCLH
$9.74B
| $66.3M | 0.06% |
1,154,891
-171,450
| -13% | -$8.88M |
|
|
LJPC
211
DELISTED
La Jolla Pharmaceutical Company
LJPC
| $66M | 0.06% |
3,279,272
+90,739
| +3% | +$2.37M |
|
212
Wells Fargo
WFC
$263B
| $66M | 0.06% |
1,254,792
+167,180
| +15% | +$9.55M |
|
213
Paycom
PAYC
$7.54B
| $65.9M | 0.06% |
424,083
-361,969
| -46% | -$48.7M |
|
|
PINC
214
DELISTED
Premier
PINC
| $65.7M | 0.06% |
1,435,895
-10,336
| -0.7% | -$417K |
|
|
SRCL
215
DELISTED
Stericycle Inc
SRCL
| $65.6M | 0.06% |
1,118,216
-187,979
| -14% | -$12M |
|
216
Microchip Technology
MCHP
$41.1B
| $64.7M | 0.06% |
1,639,760
-109,986
| -6% | -$4.86M |
|
|
GWPH
217
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $63.9M | 0.06% |
370,054
-105,779
| -22% | -$15.3M |
|
218
Bank OZK
OZK
$5.62B
| $62.7M | 0.06% |
1,652,098
-15,690
| -0.9% | -$644K |
|
219
Fortive
FTV
$19.5B
| $62.6M | 0.06% |
1,178,542
+191,230
| +19% | +$9.81M |
|
220
Xcel Energy
XEL
$50.1B
| $62.4M | 0.06% |
1,321,388
-411,578
| -24% | -$19.4M |
|
221
Pebblebrook Hotel Trust
PEB
$2.2B
| $62.3M | 0.06% |
1,712,779
+516,215
| +43% | +$19.7M |
|
222
Moody's
MCO
$83.9B
| $62.3M | 0.06% |
372,325
-19,728
| -5% | -$3.47M |
|
223
Trinity Industries
TRN
$3.03B
| $62.1M | 0.06% |
2,352,317
+256,854
| +12% | +$6.74M |
|
|
TRHC
224
DELISTED
Tabula Rasa HealthCare, Inc. Common Stock
TRHC
| $61.4M | 0.06% |
756,402
-1,444
| -0.2% | -$106K |
|
225
Guidewire Software
GWRE
$13.3B
| $61.3M | 0.06% |
606,838
-255,370
| -30% | -$24.5M |
|
Similar funds
Jennison Associates's Q3 2018 Portfolio in Review
As of Q3 2018, Jennison Associates held 739 positions worth $109B, up 5.9% from $103B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Jennison Associates's Q3 2018 filing shows 86 new, 214 increased, 352 reduced and 81 closed positions. Its largest new stake was Tiffany & Co.: 1,169,094 shares worth $151M. The largest sale was FedEx, an estimated $591M.
By sector, the portfolio is most concentrated in Technology at 22% of assets, up from 21% a quarter earlier, followed by Consumer Discretionary and Healthcare.
- Jennison Associates's largest Q3 2018 buy was Tiffany & Co.: 1,169,094 shares worth $151M.
- Jennison Associates added most to AstraZeneca in Q3 2018, an estimated $774M increase.
- Jennison Associates's biggest Q3 2018 reduction was FedEx, cutting an estimated $591M.
- Jennison Associates fully exited Cheniere Energy Partners LP Holdings LLC in Q3 2018, selling an estimated $134M.
- Jennison Associates's ten largest holdings make up 30% of its $109B portfolio in Q3 2018.
- Jennison Associates opened 86 new positions and closed 81 in Q3 2018.
- Jennison Associates's portfolio value rose 5.9% quarter-over-quarter to $109B.
Based on Jennison Associates's 13F filing for Q3 2018, filed 8 Nov 2018.