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 |
Perrigo
PRGO
|
+$672M |
| 2 |
Merck
MRK
|
+$608M |
| 3 |
ICPT
Intercept Pharmaceuticals, Inc.
ICPT
|
+$384M |
| 4 |
Las Vegas Sands
LVS
|
+$378M |
| 5 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$303M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Ralph Lauren
RL
|
+$518M |
| 2 |
eBay
EBAY
|
+$474M |
| 3 |
Estee Lauder
EL
|
+$435M |
| 4 |
Goldman Sachs
GS
|
+$323M |
| 5 |
TechnipFMC
FTI
|
+$304M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 20.03% |
| 2 | Consumer Discretionary | 13.85% |
| 3 | Communication Services | 11.23% |
| 4 | Technology | 10.46% |
| 5 | Energy | 9.31% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Evercore
EVR
$11.8B
| $84.5M | 0.08% |
1,530,135
+200,096
| +15% | +$11.4M |
|
227
Rio Tinto
RIO
$152B
| $84.1M | 0.08% |
1,507,022
-41,658
| -3% | -$2.27M |
|
228
Thermo Fisher Scientific
TMO
$214B
| $83.1M | 0.08% |
691,205
+686
| +0.1% | +$81.6K |
|
229
Ionis Pharmaceuticals
IONS
$8.93B
| $82.8M | 0.08% |
1,915,544
+8,161
| +0.4% | +$396K |
|
230
Terex
TEX
$7.37B
| $82.7M | 0.08% |
1,866,020
+37,793
| +2% | +$1.59M |
|
231
Bank OZK
OZK
$5.63B
| $82.6M | 0.08% |
2,427,992
-408,054
| -14% | -$12.7M |
|
232
Gartner
IT
$11.1B
| $82.5M | 0.08% |
1,188,765
-788,579
| -40% | -$54.6M |
|
233
Albemarle
ALB
$13.4B
| $82.5M | 0.08% |
1,242,003
-446,934
| -26% | -$28.9M |
|
234
Devon Energy
DVN
$51.3B
| $81.8M | 0.08% |
1,221,430
+378,156
| +45% | +$23.5M |
|
235
ServiceNow
NOW
$120B
| $81.7M | 0.08% |
6,817,705
+5,950
| +0.1% | +$75.7K |
|
236
Xerox
XRX
$345M
| $81.5M | 0.08% |
+2,736,583
| New | +$80.2M |
|
|
PETM
237
DELISTED
PETSMART INC
PETM
| $81.2M | 0.08% |
1,179,077
-3,921
| -0.3% | -$260K |
|
|
SBNY
238
DELISTED
Signature Bank
SBNY
| $81.1M | 0.08% |
645,832
-3,374
| -0.5% | -$412K |
|
|
SWI
239
DELISTED
SOLARWINDS INC COM STK (DE)
SWI
| $79.5M | 0.08% |
1,865,421
+307,003
| +20% | +$13.1M |
|
240
Vail Resorts
MTN
$5.7B
| $78.8M | 0.08% |
1,130,526
-75,031
| -6% | -$5.32M |
|
241
Cadence Design Systems
CDNS
$91.8B
| $78.2M | 0.07% |
5,033,495
+352,113
| +8% | +$5.22M |
|
|
FRX
242
DELISTED
FOREST LABORATORIES INC
FRX
| $77.2M | 0.07% |
+837,130
| New | +$67.5M |
|
243
Patterson-UTI
PTEN
$3.54B
| $77.2M | 0.07% |
2,435,439
+176,895
| +8% | +$4.92M |
|
244
GameStop
GME
$9.8B
| $76.9M | 0.07% |
7,482,072
-265,372
| -3% | -$2.55M |
|
245
Enbridge
ENB
$120B
| $76.4M | 0.07% |
1,680,264
-96,200
| -5% | -$4.15M |
|
246
Sprouts Farmers Market
SFM
$7.44B
| $76.1M | 0.07% |
2,111,324
+80,926
| +4% | +$2.98M |
|
|
MINI
247
DELISTED
Mobile Mini Inc
MINI
| $75.8M | 0.07% |
1,748,179
-15,738
| -0.9% | -$656K |
|
248
Eastman Chemical
EMN
$7.69B
| $75.8M | 0.07% |
+879,182
| New | +$72.1M |
|
|
CSOD
249
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $75.4M | 0.07% |
1,574,488
+200,999
| +15% | +$11.2M |
|
250
American Airlines Group
AAL
$9.82B
| $75.1M | 0.07% |
2,052,938
+114,640
| +6% | +$3.9M |
|
Similar funds
Jennison Associates's Q1 2014 Portfolio in Review
As of Q1 2014, Jennison Associates held 826 positions worth $105B, up 2.6% from $102B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Jennison Associates's Q1 2014 filing shows 122 new, 275 increased, 321 reduced and 94 closed positions. Its largest new stake was Perrigo: 4,257,843 shares worth $659M. The largest sale was Ralph Lauren, an estimated $518M.
By sector, the portfolio is most concentrated in Healthcare at 20% of assets, up from 18% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q1 2014 buy was Perrigo: 4,257,843 shares worth $659M.
- Jennison Associates added most to Merck in Q1 2014, an estimated $608M increase.
- Jennison Associates's biggest Q1 2014 reduction was Estee Lauder, cutting an estimated $435M.
- Jennison Associates fully exited Ralph Lauren in Q1 2014, selling an estimated $518M.
- Jennison Associates's ten largest holdings make up 18% of its $105B portfolio in Q1 2014.
- Jennison Associates opened 122 new positions and closed 94 in Q1 2014.
- Jennison Associates's portfolio value rose 2.6% quarter-over-quarter to $105B.
Based on Jennison Associates's 13F filing for Q1 2014, filed 7 May 2014.