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 | |
|---|---|---|---|---|---|---|
251
Capital One
COF
$130B
| $74.4M | 0.07% |
911,998
-287,566
| -24% | -$23.5M |
|
252
Curtiss-Wright
CW
$26.9B
| $73.3M | 0.07% |
1,111,548
+40,333
| +4% | +$2.71M |
|
|
PXD
253
DELISTED
Pioneer Natural Resource Co.
PXD
| $73M | 0.07% |
370,646
+37,471
| +11% | +$7.93M |
|
254
BHP
BHP
$213B
| $72.2M | 0.07% |
1,450,380
+387,786
| +36% | +$22.6M |
|
255
Korea Electric Power
KEP
$14.9B
| $72.1M | 0.07% |
3,211,359
-64,689
| -2% | -$1.32M |
|
256
Home Depot
HD
$343B
| $72M | 0.07% |
784,644
+147,392
| +23% | +$12.6M |
|
257
Acadia Pharmaceuticals
ACAD
$4.45B
| $71.9M | 0.07% |
2,903,489
-150,036
| -5% | -$3.51M |
|
258
Designer Brands
DBI
$322M
| $71.8M | 0.07% |
2,384,936
-567,011
| -19% | -$16.3M |
|
259
Aptiv
APTV
$12.6B
| $71.6M | 0.07% |
1,167,602
-9,399
| -0.8% | -$644K |
|
260
CMS Energy
CMS
$23B
| $71.5M | 0.07% |
2,409,556
| – | – |
|
261
Molina Healthcare
MOH
$10.5B
| $71.4M | 0.07% |
1,688,517
+62,360
| +4% | +$2.76M |
|
|
RCPT
262
DELISTED
RECEPTOS INC COM STK (DE)
RCPT
| $71M | 0.07% |
1,143,184
-24,784
| -2% | -$1.18M |
|
|
ENDP
263
DELISTED
Endo International plc
ENDP
| $70.9M | 0.07% |
1,036,808
+353,945
| +52% | +$23.3M |
|
|
CIVI
264
DELISTED
Civitas Resources
CIVI
| $70.7M | 0.07% |
11,128
+803
| +8% | +$5.22M |
|
265
Constellation Brands
STZ
$22.5B
| $70.5M | 0.07% |
+808,288
| New | +$70.3M |
|
266
American Water Works
AWK
$27B
| $70M | 0.06% |
1,451,765
-1,841
| -0.1% | -$90K |
|
267
Cigna
CI
$79.6B
| $69.9M | 0.06% |
771,138
-7,372
| -0.9% | -$689K |
|
268
American Airlines Group
AAL
$10.2B
| $69.7M | 0.06% |
1,964,800
-79,089
| -4% | -$3.11M |
|
269
CenterPoint Energy
CNP
$29B
| $69.5M | 0.06% |
2,841,784
| – | – |
|
270
Pembina Pipeline
PBA
$29B
| $69.2M | 0.06% |
1,642,748
+476,842
| +41% | +$21M |
|
|
WSTC
271
DELISTED
West Corporation
WSTC
| $69.2M | 0.06% |
2,347,418
+81,117
| +4% | +$2.28M |
|
|
CNQR
272
DELISTED
CONCUR TECHNOLOGIES INC
CNQR
| $68.9M | 0.06% |
543,593
-5,707
| -1% | -$579K |
|
273
Western Midstream Partners
WES
$19.4B
| $68M | 0.06% |
1,115,356
+114,303
| +11% | +$6.79M |
|
274
Ionis Pharmaceuticals
IONS
$9.14B
| $67.8M | 0.06% |
1,747,004
+2,182
| +0.1% | +$77.3K |
|
|
XL
275
DELISTED
XL Group Ltd.
XL
| $67.3M | 0.06% |
2,028,887
-7,419
| -0.4% | -$248K |
|
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.