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 | |
|---|---|---|---|---|---|---|
|
CNQR
326
DELISTED
CONCUR TECHNOLOGIES INC
CNQR
| $51.3M | 0.05% |
+549,300
| New | +$48.1M |
|
|
PF
327
DELISTED
Pinnacle Foods, Inc.
PF
| $50.4M | 0.05% |
1,531,134
| – | – |
|
|
CHS
328
DELISTED
Chicos FAS, Inc.
CHS
| $50.3M | 0.05% |
2,965,804
-8,557
| -0.3% | -$137K |
|
329
Pembina Pipeline
PBA
$29.1B
| $50.1M | 0.05% |
1,165,906
| – | – |
|
330
Cheesecake Factory
CAKE
$4.28B
| $49.9M | 0.05% |
1,075,760
-373,811
| -26% | -$17.2M |
|
|
ENLC
331
DELISTED
ENLINK MIDSTREAM, LLC
ENLC
| $49.8M | 0.05% |
1,194,469
+2,870
| +0.2% | +$110K |
|
|
RCPT
332
DELISTED
RECEPTOS INC COM STK (DE)
RCPT
| $49.8M | 0.05% |
1,167,968
+541,766
| +87% | +$18.7M |
|
|
GNMK
333
DELISTED
GenMark Diagnostics, Inc
GNMK
| $49.7M | 0.05% |
3,674,552
-410,013
| -10% | -$4.28M |
|
|
CIR
334
DELISTED
CIRCOR International, Inc
CIR
| $49.3M | 0.05% |
639,434
-44,833
| -7% | -$3.46M |
|
|
RDC
335
DELISTED
Rowan Companies Plc
RDC
| $49.3M | 0.05% |
1,543,989
-587,645
| -28% | -$18.4M |
|
336
Bausch Health
BHC
$1.7B
| $49M | 0.05% |
+388,706
| New | +$49.6M |
|
337
Copart
CPRT
$27.6B
| $48.3M | 0.04% |
+10,744,016
| New | +$48.4M |
|
338
Molson Coors Class B
TAP
$7.75B
| $48M | 0.04% |
646,802
| – | – |
|
|
ENDP
339
DELISTED
Endo International plc
ENDP
| $47.8M | 0.04% |
682,863
+87,786
| +15% | +$5.87M |
|
340
Cogent Communications
CCOI
$604M
| $47.7M | 0.04% |
1,380,334
-871
| -0.1% | -$30.8K |
|
341
Canadian Natural Resources
CNQ
$93.7B
| $47.3M | 0.04% |
2,129,690
-263,494
| -11% | -$5.27M |
|
342
Navient
NAVI
$807M
| $46.6M | 0.04% |
+2,629,871
| New | +$43.5M |
|
|
JNPR
343
DELISTED
Juniper Networks
JNPR
| $46.2M | 0.04% |
1,883,906
+119,373
| +7% | +$2.97M |
|
344
Chord Energy
CHRD
$7.49B
| $46M | 0.04% |
+822,590
| New | +$39.8M |
|
|
AMSG
345
DELISTED
Amsurg Corp
AMSG
| $45.5M | 0.04% |
+999,053
| New | +$45.9M |
|
|
CNL
346
DELISTED
CLECO CRP (HOLDING CO)
CNL
| $45.2M | 0.04% |
766,862
| – | – |
|
347
Antero Resources
AR
$10.6B
| $44.4M | 0.04% |
675,869
+90,191
| +15% | +$5.73M |
|
348
B2Gold
BTG
$5.1B
| $44M | 0.04% |
15,086,251
+1,901,322
| +14% | +$5.16M |
|
349
Crane NXT
CXT
$3.1B
| $43.9M | 0.04% |
1,698,860
-222,006
| -12% | -$5.61M |
|
350
Pebblebrook Hotel Trust
PEB
$2.18B
| $43.9M | 0.04% |
1,186,994
-79,029
| -6% | -$2.77M |
|
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.