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 |
Alibaba
BABA
|
+$821M |
| 2 |
AGN
Allergan plc
AGN
|
+$444M |
| 3 |
Apple
AAPL
|
+$304M |
| 4 |
TWTR
Twitter, Inc.
TWTR
|
+$301M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$251M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
RTX Corp
RTX
|
+$839M |
| 2 |
Las Vegas Sands
LVS
|
+$405M |
| 3 |
Qualcomm
QCOM
|
+$402M |
| 4 |
Warner Bros
WBD
|
+$400M |
| 5 |
Perrigo
PRGO
|
+$357M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 18.61% |
| 2 | Consumer Discretionary | 14.39% |
| 3 | Communication Services | 12.98% |
| 4 | Technology | 11.5% |
| 5 | Energy | 10.05% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
WR
326
DELISTED
Westar Energy Inc
WR
| $51M | 0.05% |
1,495,062
| – | – |
|
|
DISCK
327
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $50.8M | 0.05% |
+1,363,642
| New | +$55.2M |
|
328
Darling Ingredients
DAR
$9.28B
| $50.3M | 0.05% |
2,746,026
+88,025
| +3% | +$1.7M |
|
329
PG&E
PCG
$39.2B
| $50M | 0.05% |
1,111,083
-476,199
| -30% | -$21.9M |
|
|
DMND
330
DELISTED
DIAMOND FOODS, INC.
DMND
| $49.2M | 0.05% |
1,719,925
+165,193
| +11% | +$4.55M |
|
|
DYN
331
DELISTED
Dynegy, Inc.
DYN
| $49.1M | 0.05% |
1,701,358
+1,018,453
| +149% | +$30.2M |
|
332
Pebblebrook Hotel Trust
PEB
$2.2B
| $48.9M | 0.05% |
1,310,098
+123,104
| +10% | +$4.65M |
|
333
Alliant Energy
LNT
$19.1B
| $48.9M | 0.05% |
1,765,328
-792,892
| -31% | -$22.9M |
|
334
CVS Health
CVS
$140B
| $48.8M | 0.05% |
613,048
+182,407
| +42% | +$14.4M |
|
335
GE Aerospace
GE
$377B
| $48.5M | 0.05% |
394,719
-127,648
| -24% | -$15.9M |
|
|
TIVO
336
DELISTED
Tivo Inc
TIVO
| $48.4M | 0.04% |
2,449,235
+201,797
| +9% | +$4.55M |
|
337
FedEx
FDX
$74B
| $47.8M | 0.04% |
296,025
+58,212
| +24% | +$8.84M |
|
338
Live Nation Entertainment
LYV
$42.1B
| $47.4M | 0.04% |
1,972,364
-153,655
| -7% | -$3.55M |
|
339
G-III Apparel Group
GIII
$1.55B
| $47M | 0.04% |
1,135,196
+902,198
| +387% | +$37M |
|
340
Korn Ferry
KFY
$4.26B
| $46.7M | 0.04% |
1,877,323
+92,921
| +5% | +$2.73M |
|
341
Vipshop
VIPS
$7.13B
| $46.6M | 0.04% |
2,466,170
+615,870
| +33% | +$12.7M |
|
342
Acadia Healthcare
ACHC
$3.01B
| $46.6M | 0.04% |
959,946
+28,520
| +3% | +$1.39M |
|
343
Canadian Natural Resources
CNQ
$92.2B
| $46.6M | 0.04% |
2,479,562
+349,872
| +16% | +$7.22M |
|
344
NCR Voyix
VYX
$1.19B
| $46.3M | 0.04% |
+2,257,392
| New | +$45.8M |
|
345
Navient
NAVI
$822M
| $46.1M | 0.04% |
2,604,030
-25,841
| -1% | -$455K |
|
|
PF
346
DELISTED
Pinnacle Foods, Inc.
PF
| $46.1M | 0.04% |
1,412,126
-119,008
| -8% | -$3.77M |
|
|
ALTR
347
DELISTED
Altera Corp
ALTR
| $46M | 0.04% |
1,285,588
+322,160
| +33% | +$11.2M |
|
348
Quanta Services
PWR
$88.3B
| $45.3M | 0.04% |
+1,248,063
| New | +$44.4M |
|
|
CEB
349
DELISTED
CEB Inc.
CEB
| $45.2M | 0.04% |
752,321
+239,702
| +47% | +$15.7M |
|
350
Semtech
SMTC
$10.4B
| $44.8M | 0.04% |
1,648,303
-319,073
| -16% | -$8.03M |
|
Similar funds
Jennison Associates's Q3 2014 Portfolio in Review
As of Q3 2014, Jennison Associates held 788 positions worth $108B, down 0.96% from $109B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Jennison Associates's Q3 2014 filing shows 82 new, 334 increased, 281 reduced and 71 closed positions. Its largest new stake was Alibaba: 9,140,584 shares worth $812M. The largest sale was RTX Corp, an estimated $839M.
By sector, the portfolio is most concentrated in Healthcare at 19% of assets, up from 18% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q3 2014 buy was Alibaba: 9,140,584 shares worth $812M.
- Jennison Associates added most to Allergan plc in Q3 2014, an estimated $444M increase.
- Jennison Associates's biggest Q3 2014 reduction was Las Vegas Sands, cutting an estimated $405M.
- Jennison Associates fully exited RTX Corp in Q3 2014, selling an estimated $839M.
- Jennison Associates's ten largest holdings make up 20% of its $108B portfolio in Q3 2014.
- Jennison Associates opened 82 new positions and closed 71 in Q3 2014.
- Jennison Associates's portfolio value fell 0.96% quarter-over-quarter to $108B.
Based on Jennison Associates's 13F filing for Q3 2014, filed 5 Nov 2014.