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 |
SHPG
Shire pic
SHPG
|
+$1B |
| 2 |
MHFI
MCGRAW-HILL FINANCIAL INC COM
MHFI
|
+$539M |
| 3 |
Alibaba
BABA
|
+$476M |
| 4 |
AGN
Allergan plc
AGN
|
+$464M |
| 5 |
Perrigo
PRGO
|
+$273M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class C
GOOG
|
+$777M |
| 2 |
Merck
MRK
|
+$766M |
| 3 |
AGN
Allergan Inc
AGN
|
+$573M |
| 4 |
SLB Ltd
SLB
|
+$551M |
| 5 |
TJX Companies
TJX
|
+$521M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 19.12% |
| 2 | Consumer Discretionary | 14.46% |
| 3 | Technology | 12.11% |
| 4 | Communication Services | 11.75% |
| 5 | Financials | 9.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Bank OZK
OZK
$5.63B
| $91M | 0.09% |
2,399,942
-70,209
| -3% | -$2.45M |
|
227
Old Dominion Freight Line
ODFL
$46.3B
| $90.8M | 0.08% |
3,508,284
-79,029
| -2% | -$1.96M |
|
|
AIRM
228
DELISTED
Air Methods Corp
AIRM
| $90.7M | 0.08% |
2,060,820
-178,456
| -8% | -$8.35M |
|
229
Molina Healthcare
MOH
$10.4B
| $90.5M | 0.08% |
1,690,766
+2,249
| +0.1% | +$109K |
|
230
GameStop
GME
$9.8B
| $90.5M | 0.08% |
10,709,300
+933,912
| +10% | +$9.03M |
|
|
WR
231
DELISTED
Westar Energy Inc
WR
| $90.3M | 0.08% |
2,189,314
+694,252
| +46% | +$26.5M |
|
232
Chevron
CVX
$382B
| $90.1M | 0.08% |
802,990
+772,949
| +2,573% | +$87.8M |
|
233
Bankunited
BKU
$3.33B
| $89.7M | 0.08% |
3,095,823
-1,187,682
| -28% | -$35.1M |
|
234
Vodafone
VOD
$37.1B
| $88M | 0.08% |
2,574,503
+1,575
| +0.1% | +$53.1K |
|
235
CNX Resources
CNX
$4.91B
| $87.8M | 0.08% |
3,117,919
-1,532,587
| -33% | -$46.5M |
|
236
Capital One
COF
$128B
| $86.9M | 0.08% |
1,052,711
+140,713
| +15% | +$11.4M |
|
237
Range Resources
RRC
$9.33B
| $86.2M | 0.08% |
1,612,683
+158,452
| +11% | +$10.2M |
|
238
Copart
CPRT
$28.5B
| $85.6M | 0.08% |
18,759,000
-419,552
| -2% | -$1.8M |
|
|
TWX
239
DELISTED
Time Warner Inc
TWX
| $85.2M | 0.08% |
997,613
-70,358
| -7% | -$5.61M |
|
240
Cigna
CI
$78.4B
| $84.6M | 0.08% |
822,545
+51,407
| +7% | +$5.07M |
|
241
Norwegian Cruise Line
NCLH
$9.53B
| $82.9M | 0.08% |
1,772,421
-349,402
| -16% | -$14M |
|
|
KSU
242
DELISTED
Kansas City Southern
KSU
| $81.6M | 0.08% |
+669,011
| New | +$80M |
|
243
Procter & Gamble
PG
$340B
| $81.4M | 0.08% |
893,707
+111,332
| +14% | +$9.8M |
|
|
GOLD
244
DELISTED
Randgold Resources Ltd
GOLD
| $80.7M | 0.08% |
1,214,614
+42,534
| +4% | +$2.78M |
|
245
Delta Air Lines
DAL
$56.7B
| $80.6M | 0.08% |
1,639,350
+162,577
| +11% | +$6.84M |
|
246
Flex
FLEX
$37.7B
| $80.6M | 0.08% |
9,561,222
-17,793,100
| -65% | -$141M |
|
247
Prosperity Bancshares
PB
$8.9B
| $80.2M | 0.08% |
1,448,386
-44,523
| -3% | -$2.52M |
|
248
Rio Tinto
RIO
$152B
| $78.3M | 0.07% |
1,700,493
-45,555
| -3% | -$2.15M |
|
249
General Motors
GM
$80.9B
| $78M | 0.07% |
2,235,739
-3,247,897
| -59% | -$104M |
|
250
American Water Works
AWK
$27B
| $77.9M | 0.07% |
1,461,776
+10,011
| +0.7% | +$518K |
|
Similar funds
Jennison Associates's Q4 2014 Portfolio in Review
As of Q4 2014, Jennison Associates held 806 positions worth $107B, down 0.8% from $108B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Jennison Associates withdrew a net $3.79B in Q4 2014, closing 91 positions and reducing 351 holdings. Its most notable exit was Oneok, an estimated $184M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 19% of assets, up from 19% a quarter earlier, followed by Consumer Discretionary and Technology.
Against the trend, Jennison Associates opened a new position in Shire pic worth $1B.
- Jennison Associates's largest Q4 2014 buy was Shire pic: 4,721,078 shares worth $1B.
- Jennison Associates added most to Alibaba in Q4 2014, an estimated $476M increase.
- Jennison Associates's biggest Q4 2014 reduction was Alphabet (Google) Class C, cutting an estimated $777M.
- Jennison Associates fully exited Oneok in Q4 2014, selling an estimated $184M.
- Jennison Associates's ten largest holdings make up 20% of its $107B portfolio in Q4 2014.
- Jennison Associates opened 89 new positions and closed 91 in Q4 2014.
- Jennison Associates's portfolio value fell 0.8% quarter-over-quarter to $107B.
Based on Jennison Associates's 13F filing for Q4 2014, filed 6 Feb 2015.