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 | |
|---|---|---|---|---|---|---|
301
Gartner
IT
$10B
| $58.9M | 0.05% |
834,726
-354,039
| -30% | -$24.7M |
|
|
CSOD
302
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $58.6M | 0.05% |
1,273,430
-301,058
| -19% | -$12.2M |
|
|
LO
303
DELISTED
LORILLARD INC COM STK
LO
| $58.3M | 0.05% |
+956,837
| New | +$55.6M |
|
|
HT
304
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $57.2M | 0.05% |
2,131,322
-970
| -0% | -$23.7K |
|
|
WR
305
DELISTED
Westar Energy Inc
WR
| $57.1M | 0.05% |
1,495,062
+221,270
| +17% | +$7.93M |
|
|
CIE
306
DELISTED
Cobalt International Energy, Inc
CIE
| $57M | 0.05% |
207,181
+3,550
| +2% | +$968K |
|
307
Delta Air Lines
DAL
$56.9B
| $56.5M | 0.05% |
1,458,226
-130,281
| -8% | -$4.92M |
|
308
Stratasys
SSYS
$695M
| $56M | 0.05% |
492,870
-151,959
| -24% | -$14.9M |
|
309
Flotek Industries
FTK
$897M
| $55.6M | 0.05% |
287,985
+110,456
| +62% | +$19.4M |
|
310
Darling Ingredients
DAR
$9.55B
| $55.6M | 0.05% |
2,658,001
-152,303
| -5% | -$3.07M |
|
|
NFX
311
DELISTED
Newfield Exploration
NFX
| $55.5M | 0.05% |
1,255,230
-131,783
| -10% | -$4.73M |
|
|
CLNY
312
DELISTED
Colony Capital, Inc.
CLNY
| $55M | 0.05% |
2,367,192
-75,754
| -3% | -$1.66M |
|
313
Ulta Beauty
ULTA
$20.6B
| $54.6M | 0.05% |
597,383
-136,027
| -19% | -$12.2M |
|
314
Duke Energy
DUK
$101B
| $54.4M | 0.05% |
733,616
-206,085
| -22% | -$14.8M |
|
|
TIVO
315
DELISTED
Tivo Inc
TIVO
| $53.8M | 0.05% |
2,247,438
+649,444
| +41% | +$15.1M |
|
316
UnitedHealth
UNH
$381B
| $53.3M | 0.05% |
652,487
-388,514
| -37% | -$30.6M |
|
|
ULTI
317
DELISTED
Ultimate Software Group Inc
ULTI
| $53.3M | 0.05% |
385,605
+137,490
| +55% | +$17.5M |
|
|
HITT
318
DELISTED
HITTITE MICROWAVE CORP
HITT
| $53.1M | 0.05% |
681,293
+106,332
| +18% | +$6.85M |
|
|
GPOR
319
DELISTED
Gulfport Energy Corp.
GPOR
| $53M | 0.05% |
843,753
+1,556
| +0.2% | +$104K |
|
320
Live Nation Entertainment
LYV
$41.7B
| $52.5M | 0.05% |
2,126,019
-54,475
| -2% | -$1.23M |
|
321
Korn Ferry
KFY
$4.12B
| $52.4M | 0.05% |
1,784,402
-252
| -0% | -$7.45K |
|
322
Celldex Therapeutics
CLDX
$2.79B
| $51.9M | 0.05% |
212,157
-20,398
| -9% | -$4.61M |
|
|
IPXL
323
DELISTED
Impax Laboratories, Inc.
IPXL
| $51.6M | 0.05% |
1,721,415
+309,005
| +22% | +$8.34M |
|
324
Home Depot
HD
$336B
| $51.6M | 0.05% |
637,252
+96,019
| +18% | +$7.57M |
|
325
Semtech
SMTC
$11B
| $51.4M | 0.05% |
1,967,376
-13,711
| -0.7% | -$345K |
|
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.