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 |
Perrigo
PRGO
|
+$672M |
| 2 |
Merck
MRK
|
+$608M |
| 3 |
ICPT
Intercept Pharmaceuticals, Inc.
ICPT
|
+$384M |
| 4 |
Las Vegas Sands
LVS
|
+$378M |
| 5 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$303M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Ralph Lauren
RL
|
+$518M |
| 2 |
eBay
EBAY
|
+$474M |
| 3 |
Estee Lauder
EL
|
+$435M |
| 4 |
Goldman Sachs
GS
|
+$323M |
| 5 |
TechnipFMC
FTI
|
+$304M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 20.03% |
| 2 | Consumer Discretionary | 13.85% |
| 3 | Communication Services | 11.23% |
| 4 | Technology | 10.46% |
| 5 | Energy | 9.31% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
HT
326
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $49.7M | 0.05% |
2,132,292
+566,015
| +36% | +$12.6M |
|
327
Charter Communications
CHTR
$17.3B
| $49.2M | 0.05% |
399,265
-2,028
| -0.5% | -$265K |
|
328
Cogent Communications
CCOI
$635M
| $49.1M | 0.05% |
1,381,205
-1,258,410
| -48% | -$49.2M |
|
329
Western Midstream Partners
WES
$19.4B
| $49M | 0.05% |
997,899
+4,069
| +0.4% | +$173K |
|
|
GLDD
330
DELISTED
Great Lakes Dredge & Dock
GLDD
| $48.8M | 0.05% |
5,343,707
-46,982
| -0.9% | -$400K |
|
331
Eldorado Gold
EGO
$8.33B
| $47.9M | 0.05% |
1,721,539
+462,641
| +37% | +$15.1M |
|
|
CHS
332
DELISTED
Chicos FAS, Inc.
CHS
| $47.7M | 0.05% |
2,974,361
-79,095
| -3% | -$1.34M |
|
333
Crane NXT
CXT
$2.99B
| $47.5M | 0.05% |
1,920,866
+10,324
| +0.5% | +$244K |
|
334
Live Nation Entertainment
LYV
$42.9B
| $47.4M | 0.05% |
2,180,494
+352,016
| +19% | +$7.65M |
|
335
Zurn Elkay Water Solutions
ZWS
$8.6B
| $45.9M | 0.04% |
3,286,659
+1,656,056
| +102% | +$22.7M |
|
|
PF
336
DELISTED
Pinnacle Foods, Inc.
PF
| $45.7M | 0.04% |
1,531,134
| – | – |
|
337
Plains GP Holdings
PAGP
$5.28B
| $45.5M | 0.04% |
610,144
-629
| -0.1% | -$45.3K |
|
|
JNPR
338
DELISTED
Juniper Networks
JNPR
| $45.5M | 0.04% |
1,764,533
+376,007
| +27% | +$9.82M |
|
339
Acadia Healthcare
ACHC
$2.52B
| $45.3M | 0.04% |
1,003,130
-7,372
| -0.7% | -$364K |
|
|
WR
340
DELISTED
Westar Energy Inc
WR
| $44.8M | 0.04% |
1,273,792
| – | – |
|
341
Puma Biotechnology
PBYI
$398M
| $44.7M | 0.04% |
429,608
+19,943
| +5% | +$2.34M |
|
342
The GEO Group
GEO
$4B
| $44.5M | 0.04% |
2,068,596
| – | – |
|
343
Pembina Pipeline
PBA
$29.3B
| $44.4M | 0.04% |
1,165,906
| – | – |
|
344
Canadian Natural Resources
CNQ
$96.9B
| $44.4M | 0.04% |
2,393,184
-43,756
| -2% | -$740K |
|
|
MWE
345
DELISTED
MARKWEST ENERGY PARTNERS, LP
MWE
| $44.1M | 0.04% |
675,366
+4,371
| +0.7% | +$295K |
|
|
NFX
346
DELISTED
Newfield Exploration
NFX
| $43.5M | 0.04% |
1,387,013
-232,901
| -14% | -$6.15M |
|
347
Home Depot
HD
$337B
| $42.8M | 0.04% |
541,233
+733
| +0.1% | +$58.3K |
|
348
Pebblebrook Hotel Trust
PEB
$2.18B
| $42.8M | 0.04% |
1,266,023
-15,607
| -1% | -$502K |
|
349
DTE Energy
DTE
$29.9B
| $42.1M | 0.04% |
+666,511
| New | +$39.3M |
|
|
PINC
350
DELISTED
Premier
PINC
| $42.1M | 0.04% |
1,277,261
-70,586
| -5% | -$2.48M |
|
Similar funds
Jennison Associates's Q1 2014 Portfolio in Review
As of Q1 2014, Jennison Associates held 826 positions worth $105B, up 2.6% from $102B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Jennison Associates's Q1 2014 filing shows 122 new, 275 increased, 321 reduced and 94 closed positions. Its largest new stake was Perrigo: 4,257,843 shares worth $659M. The largest sale was Ralph Lauren, an estimated $518M.
By sector, the portfolio is most concentrated in Healthcare at 20% of assets, up from 18% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q1 2014 buy was Perrigo: 4,257,843 shares worth $659M.
- Jennison Associates added most to Merck in Q1 2014, an estimated $608M increase.
- Jennison Associates's biggest Q1 2014 reduction was Estee Lauder, cutting an estimated $435M.
- Jennison Associates fully exited Ralph Lauren in Q1 2014, selling an estimated $518M.
- Jennison Associates's ten largest holdings make up 18% of its $105B portfolio in Q1 2014.
- Jennison Associates opened 122 new positions and closed 94 in Q1 2014.
- Jennison Associates's portfolio value rose 2.6% quarter-over-quarter to $105B.
Based on Jennison Associates's 13F filing for Q1 2014, filed 7 May 2014.