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 | |
|---|---|---|---|---|---|---|
251
Enbridge
ENB
$122B
| $80.4M | 0.07% |
1,693,591
+13,327
| +0.8% | +$631K |
|
252
Clearway Energy Class C
CWEN
$5.05B
| $78.9M | 0.07% |
3,033,192
-27,990
| -0.9% | -$641K |
|
253
Terex
TEX
$7.82B
| $78.9M | 0.07% |
1,919,647
+53,627
| +3% | +$2.18M |
|
254
Alliant Energy
LNT
$19.2B
| $77.8M | 0.07% |
2,558,220
| – | – |
|
255
Old Dominion Freight Line
ODFL
$47.3B
| $77.1M | 0.07% |
3,633,249
+34,281
| +1% | +$691K |
|
|
PXD
256
DELISTED
Pioneer Natural Resource Co.
PXD
| $76.6M | 0.07% |
333,175
+14,396
| +5% | +$2.97M |
|
257
PG&E
PCG
$47.4B
| $76.2M | 0.07% |
+1,587,282
| New | +$71.9M |
|
258
CMS Energy
CMS
$23B
| $75.1M | 0.07% |
2,409,556
| – | – |
|
259
Bank OZK
OZK
$5.57B
| $74.8M | 0.07% |
2,236,674
-191,318
| -8% | -$5.94M |
|
260
Cadence Design Systems
CDNS
$94.1B
| $74M | 0.07% |
4,230,612
-802,883
| -16% | -$12.8M |
|
|
WBC
261
DELISTED
WABCO HOLDINGS INC.
WBC
| $73.9M | 0.07% |
691,847
+10,060
| +1% | +$1.08M |
|
262
Eldorado Gold
EGO
$8.39B
| $73M | 0.07% |
1,909,716
+188,177
| +11% | +$5.76M |
|
|
KYTH
263
DELISTED
KYTHERA BIOPHARMACEUTICALS, INC COM
KYTH
| $72.7M | 0.07% |
1,894,903
+367,130
| +24% | +$12.8M |
|
264
CenterPoint Energy
CNP
$28.9B
| $72.6M | 0.07% |
2,841,784
| – | – |
|
265
Molina Healthcare
MOH
$10.5B
| $72.6M | 0.07% |
1,626,157
-89,261
| -5% | -$3.62M |
|
|
TVTY
266
DELISTED
Tivity Health, Inc. Common Stock
TVTY
| $71.9M | 0.07% |
4,099,542
-1,022,433
| -20% | -$17.6M |
|
267
American Water Works
AWK
$26.4B
| $71.9M | 0.07% |
1,453,606
+3,212
| +0.2% | +$151K |
|
268
Cigna
CI
$77.1B
| $71.6M | 0.07% |
778,510
-699,502
| -47% | -$60M |
|
269
Zurn Elkay Water Solutions
ZWS
$8.07B
| $70.9M | 0.07% |
5,226,533
+1,939,874
| +59% | +$25.8M |
|
270
DTE Energy
DTE
$30.9B
| $70.6M | 0.06% |
1,064,650
+398,139
| +60% | +$25.8M |
|
271
Curtiss-Wright
CW
$27.1B
| $70.2M | 0.06% |
1,071,215
-51,656
| -5% | -$3.39M |
|
|
AXE
272
DELISTED
Anixter International Inc
AXE
| $69.7M | 0.06% |
696,747
+159,809
| +30% | +$15.8M |
|
273
Cisco
CSCO
$446B
| $69.3M | 0.06% |
2,786,749
+1,527,343
| +121% | +$36.4M |
|
|
KOG
274
DELISTED
KODIAK OIL & GAS CORP
KOG
| $69.2M | 0.06% |
4,754,531
-35,584
| -0.7% | -$463K |
|
275
Acadia Pharmaceuticals
ACAD
$4.35B
| $69M | 0.06% |
3,053,525
+4,108
| +0.1% | +$85.8K |
|
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.