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 |
Alibaba
BABA
|
+$821M |
| 2 |
AGN
Allergan plc
AGN
|
+$444M |
| 3 |
Apple
AAPL
|
+$304M |
| 4 |
TWTR
Twitter, Inc.
TWTR
|
+$301M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$251M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
RTX Corp
RTX
|
+$839M |
| 2 |
Las Vegas Sands
LVS
|
+$405M |
| 3 |
Qualcomm
QCOM
|
+$402M |
| 4 |
Warner Bros
WBD
|
+$400M |
| 5 |
Perrigo
PRGO
|
+$357M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 18.61% |
| 2 | Consumer Discretionary | 14.39% |
| 3 | Communication Services | 12.98% |
| 4 | Technology | 11.5% |
| 5 | Energy | 10.05% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Prosperity Bancshares
PB
$8.94B
| $85.3M | 0.08% |
1,492,909
+68,229
| +5% | +$4.08M |
|
227
Signet Jewelers
SIG
$3.88B
| $85M | 0.08% |
746,352
+126,646
| +20% | +$14M |
|
228
Vodafone
VOD
$37.2B
| $84.6M | 0.08% |
2,572,928
-55,510
| -2% | -$1.85M |
|
229
Old Dominion Freight Line
ODFL
$46.1B
| $84.5M | 0.08% |
3,587,313
-45,936
| -1% | -$1.01M |
|
230
Plains GP Holdings
PAGP
$5.29B
| $84.1M | 0.08% |
1,030,573
+39,835
| +4% | +$3.24M |
|
231
Pfizer
PFE
$143B
| $83.5M | 0.08% |
2,975,952
-848,105
| -22% | -$23.8M |
|
|
LO
232
DELISTED
LORILLARD INC COM STK
LO
| $83M | 0.08% |
1,384,792
+427,955
| +45% | +$25.9M |
|
233
Power Integrations
POWI
$3.26B
| $82.6M | 0.08% |
3,063,028
-232,476
| -7% | -$6.55M |
|
|
MWIV
234
DELISTED
MWI VETERINARY SUPPLY, INC.
MWIV
| $82.5M | 0.08% |
555,695
+114,992
| +26% | +$16.5M |
|
235
Caterpillar
CAT
$366B
| $82.3M | 0.08% |
831,545
+3,076
| +0.4% | +$326K |
|
236
Eldorado Gold
EGO
$8.48B
| $81M | 0.08% |
2,402,866
+493,150
| +26% | +$18.9M |
|
|
237
Las Vegas Sands
LVS
$32.2B
| $80.5M | 0.07% |
1,294,740
-5,897,147
| -82% | -$405M |
|
|
TWX
238
DELISTED
Time Warner Inc
TWX
| $80.3M | 0.07% |
+1,067,971
| New | +$82.7M |
|
239
Duke Energy
DUK
$100B
| $78.6M | 0.07% |
1,051,778
+318,162
| +43% | +$23.2M |
|
240
Target
TGT
$66.8B
| $78.5M | 0.07% |
1,253,016
+1,228,658
| +5,044% | +$74.4M |
|
241
OGE Energy
OGE
$9.86B
| $78.4M | 0.07% |
2,111,575
| – | – |
|
|
GOLD
242
DELISTED
Randgold Resources Ltd
GOLD
| $78.1M | 0.07% |
1,172,080
+160,487
| +16% | +$12.9M |
|
243
Bank OZK
OZK
$5.64B
| $77.9M | 0.07% |
2,470,151
+233,477
| +10% | +$7.53M |
|
244
Standard BioTools
LAB
$355M
| $77.7M | 0.07% |
3,172,670
+86,738
| +3% | +$2.44M |
|
245
Cisco
CSCO
$456B
| $76.8M | 0.07% |
3,049,876
+263,127
| +9% | +$6.62M |
|
246
Norwegian Cruise Line
NCLH
$9.71B
| $76.4M | 0.07% |
2,121,823
-11,514
| -0.5% | -$391K |
|
247
DTE Energy
DTE
$29.7B
| $76.2M | 0.07% |
1,177,392
+112,742
| +11% | +$7.3M |
|
248
Alnylam Pharmaceuticals
ALNY
$38.4B
| $75.1M | 0.07% |
961,861
+1,144
| +0.1% | +$73.8K |
|
249
Copart
CPRT
$28.7B
| $75.1M | 0.07% |
19,178,552
+8,434,536
| +79% | +$36M |
|
|
SBNY
250
DELISTED
Signature Bank
SBNY
| $75M | 0.07% |
668,980
+24,372
| +4% | +$2.87M |
|
Similar funds
Jennison Associates's Q3 2014 Portfolio in Review
As of Q3 2014, Jennison Associates held 788 positions worth $108B, down 0.96% from $109B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Jennison Associates's Q3 2014 filing shows 82 new, 334 increased, 281 reduced and 71 closed positions. Its largest new stake was Alibaba: 9,140,584 shares worth $812M. The largest sale was RTX Corp, an estimated $839M.
By sector, the portfolio is most concentrated in Healthcare at 19% of assets, up from 18% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q3 2014 buy was Alibaba: 9,140,584 shares worth $812M.
- Jennison Associates added most to Allergan plc in Q3 2014, an estimated $444M increase.
- Jennison Associates's biggest Q3 2014 reduction was Las Vegas Sands, cutting an estimated $405M.
- Jennison Associates fully exited RTX Corp in Q3 2014, selling an estimated $839M.
- Jennison Associates's ten largest holdings make up 20% of its $108B portfolio in Q3 2014.
- Jennison Associates opened 82 new positions and closed 71 in Q3 2014.
- Jennison Associates's portfolio value fell 0.96% quarter-over-quarter to $108B.
Based on Jennison Associates's 13F filing for Q3 2014, filed 5 Nov 2014.