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 | |
|---|---|---|---|---|---|---|
326
Zions Bancorporation
ZION
$10.1B
| $50.8M | 0.05% |
1,782,927
-136,879
| -7% | -$3.86M |
|
327
Power Integrations
POWI
$3.15B
| $50.5M | 0.05% |
1,953,786
-1,109,242
| -36% | -$28.2M |
|
|
GNMK
328
DELISTED
GenMark Diagnostics, Inc
GNMK
| $50.3M | 0.05% |
3,699,048
-62,085
| -2% | -$694K |
|
329
Wayfair
W
$11.8B
| $48.9M | 0.05% |
+2,464,824
| New | +$59.2M |
|
330
Darling Ingredients
DAR
$9.32B
| $48.7M | 0.05% |
2,682,637
-63,389
| -2% | -$1.15M |
|
331
Antero Resources
AR
$10.9B
| $48.2M | 0.05% |
1,188,062
+12,992
| +1% | +$623K |
|
|
NVDQ
332
DELISTED
Novadaq Technologies Inc.
NVDQ
| $48.1M | 0.05% |
2,893,695
+87,581
| +3% | +$1.25M |
|
|
AVP
333
DELISTED
Avon Products, Inc.
AVP
| $47.7M | 0.04% |
5,083,854
-4,309,757
| -46% | -$44.6M |
|
334
Semtech
SMTC
$9.65B
| $47.5M | 0.04% |
1,723,279
+74,976
| +5% | +$1.92M |
|
|
PXD
335
DELISTED
Pioneer Natural Resource Co.
PXD
| $47.4M | 0.04% |
318,156
-52,490
| -14% | -$8.66M |
|
|
GLDD
336
DELISTED
Great Lakes Dredge & Dock
GLDD
| $46.8M | 0.04% |
5,463,934
-50,224
| -0.9% | -$364K |
|
337
Monster Beverage
MNST
$95.1B
| $46.4M | 0.04% |
2,567,286
+57,510
| +2% | +$992K |
|
338
Tempest Therapeutics
TPST
$14.3M
| $46.3M | 0.04% |
358
+53
| +17% | +$3.88M |
|
|
ITC
339
DELISTED
ITC HOLDINGS CORP
ITC
| $46.1M | 0.04% |
1,140,371
-1,670,012
| -59% | -$64M |
|
340
Patterson-UTI
PTEN
$3.54B
| $46.1M | 0.04% |
2,776,281
-100,180
| -3% | -$2.11M |
|
|
MWE
341
DELISTED
MARKWEST ENERGY PARTNERS, LP
MWE
| $45.4M | 0.04% |
675,361
-98,391
| -13% | -$6.86M |
|
342
Stratasys
SSYS
$666M
| $45.2M | 0.04% |
544,330
+56,720
| +12% | +$5.8M |
|
|
AM
343
DELISTED
ANTERO MIDSTREAM PARTNERS LP
AM
| $44.6M | 0.04% |
+1,620,415
| New | +$43.2M |
|
|
TTPH
344
DELISTED
Tetraphase Pharmaceuticals, Inc.
TTPH
| $44.5M | 0.04% |
55,988
+23,582
| +73% | +$12.7M |
|
|
HAPN
345
Happen Inc
HAPN
$2.14B
| $44.2M | 0.04% |
+349,073
| New | +$44.1M |
|
|
PLCM
346
DELISTED
POLYCOM INC
PLCM
| $43.7M | 0.04% |
3,238,988
+674,150
| +26% | +$8.6M |
|
|
THS
347
DELISTED
Treehouse Foods
THS
| $43.6M | 0.04% |
509,332
+36,801
| +8% | +$3.05M |
|
348
Navient
NAVI
$819M
| $43.2M | 0.04% |
2,001,130
-602,900
| -23% | -$12M |
|
349
Bausch Health
BHC
$1.75B
| $43.2M | 0.04% |
301,863
-326
| -0.1% | -$43.8K |
|
|
DM
350
DELISTED
Dominion Energy Midstream Ptr LP
DM
| $43M | 0.04% |
+1,098,134
| New | +$35.4M |
|
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.