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 | |
|---|---|---|---|---|---|---|
|
ADT
276
DELISTED
ADT Corp
ADT
| $67.9M | 0.06% |
1,874,313
+396,518
| +27% | +$13.6M |
|
|
RICE
277
DELISTED
Rice Energy Inc.
RICE
| $67.9M | 0.06% |
3,237,490
-57,038
| -2% | -$1.42M |
|
278
G-III Apparel Group
GIII
$1.54B
| $67.7M | 0.06% |
1,340,410
+205,214
| +18% | +$8.81M |
|
279
AstraZeneca
AZN
$269B
| $67M | 0.06% |
+952,529
| New | +$68.2M |
|
280
McKesson
MCK
$104B
| $67M | 0.06% |
322,957
-3,496
| -1% | -$710K |
|
281
Core Laboratories
CLB
$455M
| $66.5M | 0.06% |
552,839
-395,105
| -42% | -$51.9M |
|
282
Western Midstream Partners
WES
$19.4B
| $66.4M | 0.06% |
1,102,790
-12,566
| -1% | -$757K |
|
283
Charter Communications
CHTR
$17.3B
| $65.8M | 0.06% |
394,942
+390
| +0.1% | +$61.6K |
|
|
AMSG
284
DELISTED
Amsurg Corp
AMSG
| $64.4M | 0.06% |
1,177,569
+60,800
| +5% | +$3.1M |
|
|
HT
285
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $63.8M | 0.06% |
2,269,250
+2,431
| +0.1% | +$68.9K |
|
|
MWIV
286
DELISTED
MWI VETERINARY SUPPLY, INC.
MWIV
| $63.7M | 0.06% |
375,000
-180,695
| -33% | -$28.9M |
|
287
Adecoagro
AGRO
$1.4B
| $63.5M | 0.06% |
7,925,623
+378,830
| +5% | +$3.28M |
|
288
Terex
TEX
$7.37B
| $63.5M | 0.06% |
2,276,362
+303,353
| +15% | +$8.67M |
|
289
The GEO Group
GEO
$4B
| $63.3M | 0.06% |
2,350,817
+315,624
| +16% | +$8.23M |
|
290
Pinnacle Financial Partners Inc
PNFP
$15.8B
| $62.8M | 0.06% |
1,587,024
-34,625
| -2% | -$1.3M |
|
291
Zurn Elkay Water Solutions
ZWS
$8.6B
| $62.6M | 0.06% |
4,606,600
-88,565
| -2% | -$1.17M |
|
292
CVS Health
CVS
$135B
| $61.7M | 0.06% |
640,266
+27,218
| +4% | +$2.4M |
|
293
NCR Voyix
VYX
$1.19B
| $61.4M | 0.06% |
3,432,958
+1,175,566
| +52% | +$20.6M |
|
|
DMND
294
DELISTED
DIAMOND FOODS, INC.
DMND
| $60.4M | 0.06% |
2,141,068
+421,143
| +24% | +$12.2M |
|
|
ALTR
295
DELISTED
Altera Corp
ALTR
| $60M | 0.06% |
1,625,239
+339,651
| +26% | +$12M |
|
296
Korn Ferry
KFY
$4.31B
| $60M | 0.06% |
2,085,737
+208,414
| +11% | +$5.66M |
|
|
HES
297
DELISTED
Hess
HES
| $59.8M | 0.06% |
809,986
-212,651
| -21% | -$16.8M |
|
298
Pebblebrook Hotel Trust
PEB
$2.18B
| $59.8M | 0.06% |
1,309,649
-449
| -0% | -$18.8K |
|
|
PL
299
DELISTED
PROTECTIVE LIFE CORP
PL
| $58.9M | 0.06% |
845,251
-583,479
| -41% | -$40.6M |
|
|
SHLX
300
DELISTED
Shell Midstream Partners, L.P.
SHLX
| $58.5M | 0.05% |
+1,426,829
| New | +$50.6M |
|
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.