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 |
Capri Holdings
CPRI
|
+$448M |
| 2 |
MJN
Mead Johnson Nutrition Company
MJN
|
+$248M |
| 3 |
AGN
Allergan Inc
AGN
|
+$240M |
| 4 |
Apple
AAPL
|
+$223M |
| 5 |
ESRX
Express Scripts Holding Company
ESRX
|
+$156M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
IBM
IBM
|
+$677M |
| 2 |
Intuitive Surgical
ISRG
|
+$501M |
| 3 |
BRCM
BROADCOM CORP CL-A
BRCM
|
+$476M |
| 4 |
Crown Castle
CCI
|
+$365M |
| 5 |
Ralph Lauren
RL
|
+$336M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 17.28% |
| 2 | Consumer Discretionary | 14.62% |
| 3 | Technology | 10.39% |
| 4 | Communication Services | 9.8% |
| 5 | Energy | 9.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
C.H. Robinson
CHRW
$20.5B
| $76.8M | 0.08% |
1,288,824
-2,697
| -0.2% | -$158K |
|
227
Fluor
FLR
$6.54B
| $76.7M | 0.08% |
+1,080,361
| New | +$70M |
|
228
Annaly Capital Management
NLY
$17.3B
| $76M | 0.08% |
1,641,032
-654,090
| -28% | -$30.8M |
|
229
Hyatt Hotels
H
$17.5B
| $75.1M | 0.08% |
1,748,603
-5,066
| -0.3% | -$222K |
|
|
MFRM
230
DELISTED
MATTRESS FIRM HLDG CORP COM STK (DE)
MFRM
| $75M | 0.08% |
2,357,496
-102,837
| -4% | -$4.09M |
|
231
Standard BioTools
LAB
$342M
| $73.9M | 0.08% |
3,370,460
-203,567
| -6% | -$4M |
|
232
Energy Transfer Partners
ET
$69.5B
| $73M | 0.08% |
4,441,960
+379,724
| +9% | +$6.04M |
|
|
KOG
233
DELISTED
KODIAK OIL & GAS CORP
KOG
| $73M | 0.08% |
6,049,244
-240,000
| -4% | -$2.41M |
|
234
CMS Energy
CMS
$23.3B
| $72.7M | 0.08% |
2,763,233
+348,340
| +14% | +$9.46M |
|
235
Insulet
PODD
$11.8B
| $72.6M | 0.08% |
2,004,207
-294,507
| -13% | -$9.88M |
|
236
Alnylam Pharmaceuticals
ALNY
$38.3B
| $72.5M | 0.08% |
1,131,938
+146,005
| +15% | +$7.28M |
|
|
QLIK
237
DELISTED
QLIK TECHNOLOGIES INC COM STK (DE)
QLIK
| $72M | 0.08% |
2,101,341
+186,716
| +10% | +$6.12M |
|
238
Ionis Pharmaceuticals
IONS
$8.93B
| $71.8M | 0.08% |
1,913,093
-332,408
| -15% | -$9.93M |
|
239
Thomson Reuters
TRI
$46.4B
| $71.1M | 0.07% |
1,749,409
-109,190
| -6% | -$4.34M |
|
|
GPOR
240
DELISTED
Gulfport Energy Corp.
GPOR
| $71M | 0.07% |
1,103,431
+87,348
| +9% | +$4.88M |
|
241
Eversource Energy
ES
$28.1B
| $70.2M | 0.07% |
1,702,455
| – | – |
|
242
Cummins
CMI
$83.6B
| $70.2M | 0.07% |
+527,968
| New | +$65.2M |
|
243
Wintrust Financial
WTFC
$10.7B
| $70M | 0.07% |
1,705,562
-216,117
| -11% | -$8.78M |
|
244
Waters Corp
WAT
$37.3B
| $69.9M | 0.07% |
658,266
-190,127
| -22% | -$19.5M |
|
245
Cadence Design Systems
CDNS
$91.6B
| $68.6M | 0.07% |
5,083,034
-37,066
| -0.7% | -$532K |
|
|
SAVE
246
DELISTED
Spirit Airlines, Inc.
SAVE
| $68.1M | 0.07% |
1,987,839
+562,175
| +39% | +$18.6M |
|
247
Helmerich & Payne
HP
$3.34B
| $67.5M | 0.07% |
979,540
-37,257
| -4% | -$2.46M |
|
|
EXPR
248
DELISTED
Express, Inc.
EXPR
| $67.2M | 0.07% |
142,356
-155
| -0.1% | -$68.4K |
|
249
Tractor Supply
TSCO
$16.3B
| $66.8M | 0.07% |
4,973,365
+35,525
| +0.7% | +$438K |
|
250
Evercore
EVR
$11.8B
| $66.6M | 0.07% |
1,353,110
-40,223
| -3% | -$1.85M |
|
Similar funds
Jennison Associates's Q3 2013 Portfolio in Review
As of Q3 2013, Jennison Associates held 756 positions worth $95.4B, up 7.3% from $88.9B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Jennison Associates withdrew a net $3.46B in Q3 2013, closing 76 positions and reducing 326 holdings. Its most notable exit was Intuitive Surgical, an estimated $501M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 17% of assets, down from 18% a quarter earlier, followed by Consumer Discretionary and Technology.
Against the trend, Jennison Associates opened a new position in Under Armour worth $157M.
- Jennison Associates's largest Q3 2013 buy was Under Armour: 7,942,523 shares worth $157M.
- Jennison Associates added most to Capri Holdings in Q3 2013, an estimated $448M increase.
- Jennison Associates's biggest Q3 2013 reduction was IBM, cutting an estimated $677M.
- Jennison Associates fully exited Intuitive Surgical in Q3 2013, selling an estimated $501M.
- Jennison Associates's ten largest holdings make up 19% of its $95.4B portfolio in Q3 2013.
- Jennison Associates opened 84 new positions and closed 76 in Q3 2013.
- Jennison Associates's portfolio value rose 7.3% quarter-over-quarter to $95.4B.
Based on Jennison Associates's 13F filing for Q3 2013, filed 13 Nov 2013.