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 | |
|---|---|---|---|---|---|---|
|
RICE
276
DELISTED
Rice Energy Inc.
RICE
| $68.7M | 0.06% |
2,256,651
+41,595
| +2% | +$1.26M |
|
277
Signet Jewelers
SIG
$3.76B
| $68.5M | 0.06% |
+619,706
| New | +$64.5M |
|
278
Deckers Outdoor
DECK
$13.7B
| $68.5M | 0.06% |
4,758,552
-8,022
| -0.2% | -$107K |
|
279
TechnipFMC
FTI
$29.9B
| $68.4M | 0.06% |
1,504,564
-209,635
| -12% | -$8.88M |
|
|
EQM
280
DELISTED
EQM Midstream Partners, LP
EQM
| $68.2M | 0.06% |
704,635
+574,458
| +441% | +$46.7M |
|
281
Norwegian Cruise Line
NCLH
$9.01B
| $67.6M | 0.06% |
2,133,337
+352,570
| +20% | +$11.4M |
|
282
Ameren
AEE
$31.1B
| $67.6M | 0.06% |
1,652,908
| – | – |
|
|
XL
283
DELISTED
XL Group Ltd.
XL
| $66.6M | 0.06% |
2,036,306
-20,502
| -1% | -$657K |
|
284
Bank of America
BAC
$436B
| $66.1M | 0.06% |
4,299,970
-68
| -0% | -$1.06K |
|
|
CIVI
285
DELISTED
Civitas Resources
CIVI
| $65.9M | 0.06% |
10,325
-34
| -0.3% | -$192K |
|
286
GE Aerospace
GE
$373B
| $65.8M | 0.06% |
522,367
-35,026
| -6% | -$4.45M |
|
287
Charter Communications
CHTR
$15.5B
| $63.3M | 0.06% |
399,969
+704
| +0.2% | +$97.1K |
|
288
Western Midstream Partners
WES
$19.4B
| $62.8M | 0.06% |
1,001,053
+3,154
| +0.3% | +$164K |
|
|
MWIV
289
DELISTED
MWI VETERINARY SUPPLY, INC.
MWIV
| $62.6M | 0.06% |
440,703
+40,150
| +10% | +$5.9M |
|
290
Portland General Electric
POR
$5.98B
| $62.2M | 0.06% |
1,795,221
| – | – |
|
291
Adecoagro
AGRO
$1.48B
| $61.8M | 0.06% |
6,541,629
+27,160
| +0.4% | +$247K |
|
292
BHP
BHP
$211B
| $61.5M | 0.06% |
1,062,594
+91,244
| +9% | +$5.36M |
|
|
PEGI
293
DELISTED
Pattern Energy Group Inc. Class A
PEGI
| $61.1M | 0.06% |
+1,844,759
| New | +$54M |
|
294
McKesson
MCK
$100B
| $60.8M | 0.06% |
326,321
-32,751
| -9% | -$5.83M |
|
|
WSTC
295
DELISTED
West Corporation
WSTC
| $60.7M | 0.06% |
2,266,301
+5,019
| +0.2% | +$128K |
|
296
Alnylam Pharmaceuticals
ALNY
$37.7B
| $60.7M | 0.06% |
960,717
-91,405
| -9% | -$5.43M |
|
|
RATE
297
DELISTED
Bankrate Inc
RATE
| $60.4M | 0.06% |
3,442,623
+178,145
| +5% | +$2.92M |
|
298
Korea Electric Power
KEP
$15.6B
| $60.3M | 0.06% |
3,276,048
+370,447
| +13% | +$7.12M |
|
299
Analog Devices
ADI
$178B
| $60.2M | 0.06% |
1,113,798
+6,232
| +0.6% | +$330K |
|
300
Ionis Pharmaceuticals
IONS
$9.31B
| $60.1M | 0.06% |
1,744,822
-170,722
| -9% | -$5.38M |
|
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.