Large Cap
Growth

Focused on uncovering high-growth, market-leading companies that create long-term economic value

KEY CHARACTERISTICS & MATERIALS



OVERVIEW

Our team believes that:

  • Growth in earnings and cash flows drive share prices over the long-term
  • Excess returns are generated by investing in market leading companies that create economic value through long duration competitive advantages

 




    CHARACTERISTICS

Composite Inception: 7/31/69
Strategy AUM: $62,969.3 Million as of 12/31/19
Benchmark: Russell 1000® Growth Index
No. of Holdings: Typically 50-70
EPS Growth of Holdings: Higher than benchmark and broader market
Cash: Typically less than 5%
Available Vehicles:
  • Institutional Separate Account
  • Collective Investment Trust
  • Mutual Fund
  • Managed Account (SMA)
  • UCITS










PORTFOLIO MANAGEMENT



Spiros Segalas

Spiros Segalas

Founder, President and Chief Investment Officer

Spiros Segalas

Founder, President and Chief Investment Officer VIEW BIO

Kathleen A. McCarragher

Kathleen A. McCarragher

Managing Director, Head of Growth Equity

Kathleen A. McCarragher

Managing Director, Head of Growth Equity VIEW BIO

Blair A. Boyer

Blair A. Boyer

Managing Director, Co-Head of Large Cap Growth Equity

Blair A. Boyer

Managing Director, Co-Head of Large Cap Growth Equity VIEW BIO

Michael Del Balso

Michael Del Balso

Managing Director

Michael Del Balso

Managing Director VIEW BIO

Rebecca Irwin

Rebecca Irwin

Managing Director

Rebecca Irwin

Managing Director VIEW BIO

Natasha Kuhlkin, CFA

Natasha Kuhlkin, CFA

Managing Director

Natasha Kuhlkin, CFA

Managing Director VIEW BIO


Our Large Cap Growth team includes six portfolio managers and eleven dedicated research analysts. Each portfolio is assigned to a particular portfolio manager, who makes investment decisions for that portfolio. PMs work closely with research analysts and other PMs, continually discussing investment ideas and convictions in particular securities. This interactive process prizes intellectual rigor and discussion, and leverages the knowledge and skills of the entire investment team. It underpins manager conviction in decisions, and helps to ensure that Jennison’s collective insight and intellectual capital are reflected in every portfolio.

Meet The Team




PERFORMANCE DATA


As of December 31, 2019Qtr1 Year3 Year5 Year10 YearSince Inception
Large Cap Growth Equity Composite - Gross 12.4 33.8 22.4 15.4 15.3 12.1
Large Cap Growth Equity Composite - Net 12.4 33.5 22.1 15.1 15.0 11.7
Russell 1000 Growth Index 10.6 36.4 20.5 14.6 15.2 -


Source: Jennison/Mellon Analytical Solutions. Past performance does not guarantee future results. Performance results are calculated in US dollars and reflect reinvestment of dividends and other earnings. Inception of Large Cap Growth Equity Composite: 7/31/69. Inception of Russell 1000® Growth Index: 1/1/79. Periods greater than one year are annualized. Please refer to the GIPS presentation for additional details, important performance information and disclosures.



This website is intended for Institutional and Professional Investors only. All investments involve risk, including the possible loss of capital.

Important Disclosures
Jennison Associates is a registered investment advisor and a Prudential Financial company. Jennison Associates LLC has not been licensed or registered to provide investment services in any jurisdiction outside the United States. Certain investment vehicles are distributed or offered through Prudential Investment Management Services LLC (also a Prudential Financial Company) or other affiliated entities. Additionally, vehicles may not be registered or available for investment in all jurisdictions.

This web site is not intended as an offer or solicitation with respect to the purchase or sale of any security or other financial instrument or any investment management services. It does not constitute investment advice, should not be used as the basis for any investment decision, and does not purport to provide any legal, tax or accounting advice. This is for informational and educational purposes only and should not be construed as investment advice or an offer or solicitation in respect of any products or services to any persons who are prohibited from receiving such information under the laws applicable to their place of citizenship, domicile or residence.

Please remember that there are inherent risks involved with investing in the markets, and your investments may be worth more or less than your initial investment upon redemption. There is no guarantee that the investment managers’ objectives will be achieved. Further, there is no assurance that any strategies, methods, sectors, or any investment programs herein were or will prove to be profitable, or that any investment recommendations or decisions we make in the future will be profitable for any investor or client. Professional money management is not suitable for all investors.

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