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 |
SLB Ltd
SLB
|
+$461M |
| 2 |
Qualcomm
QCOM
|
+$450M |
| 3 |
Marriott International
MAR
|
+$341M |
| 4 |
TIF
Tiffany & Co.
TIF
|
+$283M |
| 5 |
NRG Energy
NRG
|
+$207M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AGN
Allergan Inc
AGN
|
+$962M |
| 2 |
ESRX
Express Scripts Holding Company
ESRX
|
+$551M |
| 3 |
WFM
Whole Foods Market Inc
WFM
|
+$510M |
| 4 |
Goldman Sachs
GS
|
+$478M |
| 5 |
Estee Lauder
EL
|
+$329M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 17.96% |
| 2 | Consumer Discretionary | 14.17% |
| 3 | Communication Services | 11.56% |
| 4 | Technology | 11.12% |
| 5 | Energy | 10.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Eversource Energy
ES
$28.4B
| $89.7M | 0.08% |
1,897,618
| – | – |
|
|
AY
227
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $89.7M | 0.08% |
+2,371,443
| New | +$89.8M |
|
228
Prosperity Bancshares
PB
$8.82B
| $89.2M | 0.08% |
1,424,680
+24,288
| +2% | +$1.47M |
|
229
Wendy's
WEN
$1.35B
| $89.1M | 0.08% |
10,444,641
+3,094,431
| +42% | +$26.1M |
|
230
American Airlines Group
AAL
$9.78B
| $87.8M | 0.08% |
2,043,889
-9,049
| -0.4% | -$353K |
|
231
Vodafone
VOD
$36.9B
| $87.8M | 0.08% |
2,628,438
-1,187,957
| -31% | -$42.1M |
|
232
Vail Resorts
MTN
$5.33B
| $87.2M | 0.08% |
1,129,305
-1,221
| -0.1% | -$85.7K |
|
|
HES
233
DELISTED
Hess
HES
| $86.8M | 0.08% |
877,269
-377,837
| -30% | -$34.1M |
|
234
Patterson-UTI
PTEN
$3.78B
| $85.8M | 0.08% |
2,456,958
+21,519
| +0.9% | +$707K |
|
235
Herbalife
HLF
$1.25B
| $84.9M | 0.08% |
2,632,390
-1,225,318
| -32% | -$37.6M |
|
236
Thermo Fisher Scientific
TMO
$210B
| $84.6M | 0.08% |
717,355
+26,150
| +4% | +$3.08M |
|
|
SWI
237
DELISTED
SOLARWINDS INC COM STK (DE)
SWI
| $84.6M | 0.08% |
2,188,161
+322,740
| +17% | +$12.9M |
|
238
Plains GP Holdings
PAGP
$5.19B
| $84.4M | 0.08% |
990,738
+380,594
| +62% | +$28.8M |
|
|
GOLD
239
DELISTED
Randgold Resources Ltd
GOLD
| $84.3M | 0.08% |
1,011,593
+266,134
| +36% | +$20.4M |
|
|
FRX
240
DELISTED
FOREST LABORATORIES INC
FRX
| $83.1M | 0.08% |
839,141
+2,011
| +0.2% | +$188K |
|
241
OGE Energy
OGE
$10.3B
| $82.5M | 0.08% |
2,111,575
-561,995
| -21% | -$20.6M |
|
242
Designer Brands
DBI
$293M
| $82.5M | 0.08% |
2,951,947
+979,561
| +50% | +$30.9M |
|
243
Viavi Solutions
VIAV
$9.61B
| $81.9M | 0.08% |
11,552,273
-112,182
| -1% | -$763K |
|
244
GameStop
GME
$9.62B
| $81.8M | 0.08% |
8,084,288
+602,216
| +8% | +$5.9M |
|
245
Rio Tinto
RIO
$149B
| $81.7M | 0.08% |
1,505,338
-1,684
| -0.1% | -$91.4K |
|
|
EMC
246
DELISTED
EMC CORPORATION
EMC
| $81.5M | 0.07% |
3,095,956
-1,400,469
| -31% | -$37M |
|
247
Iron Mountain
IRM
$37.9B
| $81.5M | 0.07% |
2,488,638
+124,226
| +5% | +$3.37M |
|
|
SBNY
248
DELISTED
Signature Bank
SBNY
| $81.3M | 0.07% |
644,608
-1,224
| -0.2% | -$147K |
|
249
Aptiv
APTV
$12.1B
| $80.9M | 0.07% |
1,177,001
+138,199
| +13% | +$9.38M |
|
250
Heartland Express
HTLD
$1.1B
| $80.5M | 0.07% |
3,770,085
+789,865
| +27% | +$17.1M |
|
Similar funds
Jennison Associates's Q2 2014 Portfolio in Review
As of Q2 2014, Jennison Associates held 796 positions worth $109B, up 4.1% from $105B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Jennison Associates's Q2 2014 filing shows 64 new, 297 increased, 319 reduced and 90 closed positions. Its largest new stake was Qualcomm: 5,657,444 shares worth $448M. The largest sale was Allergan Inc, an estimated $962M.
By sector, the portfolio is most concentrated in Healthcare at 18% of assets, down from 20% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q2 2014 buy was Qualcomm: 5,657,444 shares worth $448M.
- Jennison Associates added most to SLB Ltd in Q2 2014, an estimated $461M increase.
- Jennison Associates's biggest Q2 2014 reduction was Allergan Inc, cutting an estimated $962M.
- Jennison Associates fully exited Estee Lauder in Q2 2014, selling an estimated $329M.
- Jennison Associates's ten largest holdings make up 19% of its $109B portfolio in Q2 2014.
- Jennison Associates opened 64 new positions and closed 90 in Q2 2014.
- Jennison Associates's portfolio value rose 4.1% quarter-over-quarter to $109B.
Based on Jennison Associates's 13F filing for Q2 2014, filed 8 Aug 2014.