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 | |
|---|---|---|---|---|---|---|
|
CIE
351
DELISTED
Cobalt International Energy, Inc
CIE
| $42.7M | 0.04% |
320,429
+7,890
| +3% | +$1.2M |
|
352
Pembina Pipeline
PBA
$29.3B
| $42.6M | 0.04% |
1,170,541
-472,207
| -29% | -$17.9M |
|
|
PINC
353
DELISTED
Premier
PINC
| $42.3M | 0.04% |
1,260,294
-29,794
| -2% | -$972K |
|
|
IPXL
354
DELISTED
Impax Laboratories, Inc.
IPXL
| $42.1M | 0.04% |
1,328,930
+7,650
| +0.6% | +$224K |
|
|
CNL
355
DELISTED
CLECO CRP (HOLDING CO)
CNL
| $41.8M | 0.04% |
766,862
| – | – |
|
356
Viavi Solutions
VIAV
$7.95B
| $41.8M | 0.04% |
5,353,114
-2,919,011
| -35% | -$21.8M |
|
|
OTIC
357
DELISTED
Otonomy, Inc.
OTIC
| $41.4M | 0.04% |
1,243,282
+39,182
| +3% | +$1.05M |
|
358
RTX Corp
RTX
$290B
| $40.4M | 0.04% |
+558,834
| New | +$38.1M |
|
|
TMH
359
DELISTED
Team Health Holdings Inc
TMH
| $40.3M | 0.04% |
699,763
-43,518
| -6% | -$2.51M |
|
360
Texas Roadhouse
TXRH
$13.7B
| $39.8M | 0.04% |
1,179,177
-105,713
| -8% | -$3.25M |
|
|
DFRG
361
DELISTED
Del Frisco's Restaurant Group, Inc. Common Stock
DFRG
| $39.6M | 0.04% |
1,667,319
+183,160
| +12% | +$4.07M |
|
362
Cheesecake Factory
CAKE
$5.03B
| $39.6M | 0.04% |
786,523
-43,241
| -5% | -$2.04M |
|
363
TechnipFMC
FTI
$28.6B
| $39.4M | 0.04% |
1,131,655
-525,447
| -32% | -$19.9M |
|
364
Columbia Banking Systems
COLB
$8.71B
| $39.4M | 0.04% |
1,427,338
+41,569
| +3% | +$1.12M |
|
365
ManpowerGroup
MAN
$2.6B
| $39.4M | 0.04% |
+577,554
| New | +$38.4M |
|
366
Travere Therapeutics
TVTX
$5.17B
| $38.5M | 0.04% |
3,147,293
-54,650
| -2% | -$566K |
|
|
TRAK
367
DELISTED
DEALERTRACK TECHNOLOGIES, INC. COM STK
TRAK
| $38.4M | 0.04% |
+867,086
| New | +$38.6M |
|
|
YHOO
368
DELISTED
Yahoo Inc
YHOO
| $38.4M | 0.04% |
759,368
-228,312
| -23% | -$10.7M |
|
369
Thomson Reuters
TRI
$46.4B
| $37.8M | 0.04% |
806,480
-58,680
| -7% | -$2.6M |
|
370
Flotek Industries
FTK
$789M
| $37.3M | 0.03% |
331,600
-29,109
| -8% | -$3.6M |
|
371
Cogent Communications
CCOI
$635M
| $37.3M | 0.03% |
1,052,611
-85,288
| -7% | -$2.86M |
|
372
Brink's
BCO
$5.01B
| $36.7M | 0.03% |
1,504,091
+270,115
| +22% | +$6.05M |
|
373
Canadian Natural Resources
CNQ
$96.9B
| $36.5M | 0.03% |
2,446,310
-33,252
| -1% | -$543K |
|
|
CIR
374
DELISTED
CIRCOR International, Inc
CIR
| $36.5M | 0.03% |
604,920
-53,226
| -8% | -$3.5M |
|
375
FedEx
FDX
$73B
| $36.1M | 0.03% |
208,089
-87,936
| -30% | -$14.9M |
|
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.