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 | |
|---|---|---|---|---|---|---|
301
OGE Energy
OGE
$9.86B
| $58.3M | 0.05% |
1,643,224
-468,351
| -22% | -$16.9M |
|
302
Curtiss-Wright
CW
$25.1B
| $56.9M | 0.05% |
806,113
-305,435
| -27% | -$21.1M |
|
303
BHP
BHP
$211B
| $56.7M | 0.05% |
1,418,236
-32,144
| -2% | -$1.48M |
|
|
KYTH
304
DELISTED
KYTHERA BIOPHARMACEUTICALS, INC COM
KYTH
| $56.6M | 0.05% |
1,632,169
-238,483
| -13% | -$8.32M |
|
305
Hilton Worldwide
HLT
$72.4B
| $56.4M | 0.05% |
+721,048
| New | +$54M |
|
306
Lumen
LUMN
$6.43B
| $56.3M | 0.05% |
1,422,466
-152,883
| -10% | -$6.12M |
|
|
PETX
307
DELISTED
Aratana Therapeutics, Inc.
PETX
| $55.8M | 0.05% |
3,133,708
+57,943
| +2% | +$722K |
|
|
PF
308
DELISTED
Pinnacle Foods, Inc.
PF
| $55.4M | 0.05% |
1,569,226
+157,100
| +11% | +$5.29M |
|
|
EQM
309
DELISTED
EQM Midstream Partners, LP
EQM
| $55.2M | 0.05% |
627,084
-85,998
| -12% | -$7.42M |
|
310
CenterPoint Energy
CNP
$28.3B
| $55M | 0.05% |
2,346,878
-494,906
| -17% | -$11.8M |
|
|
SLXP
311
DELISTED
SALIX PHARMACEUTICALS LTD DEL
SLXP
| $54.9M | 0.05% |
+477,205
| New | +$57.8M |
|
|
ULTI
312
DELISTED
Ultimate Software Group Inc
ULTI
| $54.6M | 0.05% |
371,855
-8,313
| -2% | -$1.21M |
|
|
CMCSK
313
DELISTED
COMCAST CORP SPL A (NEW)
CMCSK
| $54.5M | 0.05% |
946,982
+220,219
| +30% | +$12.7M |
|
|
FCE.A
314
DELISTED
Forest City Realty Trust, Inc.
FCE.A
| $54.5M | 0.05% |
2,558,315
+851,923
| +50% | +$17.7M |
|
|
BLUE
315
DELISTED
bluebird bio
BLUE
| $54.3M | 0.05% |
45,703
-2,109
| -4% | -$1.41M |
|
|
WFM
316
DELISTED
Whole Foods Market Inc
WFM
| $53.2M | 0.05% |
1,054,752
-1,832,367
| -63% | -$80.7M |
|
317
Acadia Healthcare
ACHC
$2.52B
| $52.8M | 0.05% |
862,287
-97,659
| -10% | -$5.68M |
|
|
CEB
318
DELISTED
CEB Inc.
CEB
| $52.6M | 0.05% |
725,734
-26,587
| -4% | -$1.83M |
|
319
Air Products & Chemicals
APD
$65.5B
| $51.9M | 0.05% |
388,822
+192,775
| +98% | +$24.4M |
|
320
Live Nation Entertainment
LYV
$42.9B
| $51.5M | 0.05% |
1,972,818
+454
| +0% | +$11.4K |
|
321
Korea Electric Power
KEP
$14.6B
| $51.3M | 0.05% |
2,647,201
-564,158
| -18% | -$11.9M |
|
322
Guidewire Software
GWRE
$13.9B
| $51.2M | 0.05% |
1,011,579
+190,466
| +23% | +$9.37M |
|
|
GPOR
323
DELISTED
Gulfport Energy Corp.
GPOR
| $51.1M | 0.05% |
1,224,097
-31,880
| -3% | -$1.49M |
|
324
RH
RH
$3.33B
| $51M | 0.05% |
530,992
+40,412
| +8% | +$3.39M |
|
|
CSOD
325
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $50.9M | 0.05% |
1,446,151
+237,803
| +20% | +$7.86M |
|
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.