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 | |
|---|---|---|---|---|---|---|
|
TIVO
376
DELISTED
Tivo Inc
TIVO
| $36.4M | 0.03% |
1,597,994
+556,084
| +53% | +$12.7M |
|
|
HITT
377
DELISTED
HITTITE MICROWAVE CORP
HITT
| $36.2M | 0.03% |
574,961
-221,447
| -28% | -$13.2M |
|
378
B2Gold
BTG
$4.98B
| $35.8M | 0.03% |
13,184,929
+2,964,043
| +29% | +$7.77M |
|
|
PETX
379
DELISTED
Aratana Therapeutics, Inc.
PETX
| $35.4M | 0.03% |
1,907,857
+498,721
| +35% | +$9.99M |
|
380
AES
AES
$10.6B
| $35.1M | 0.03% |
2,460,800
-1,246,237
| -34% | -$17.6M |
|
|
YHOO
381
DELISTED
Yahoo Inc
YHOO
| $35.1M | 0.03% |
978,729
+200,462
| +26% | +$7.65M |
|
|
SN
382
DELISTED
Sanchez Energy Corporation
SN
| $34.9M | 0.03% |
1,176,281
-533,927
| -31% | -$14.9M |
|
|
BSFT
383
DELISTED
BroadSoft, Inc.
BSFT
| $34.6M | 0.03% |
1,294,434
-33,614
| -3% | -$969K |
|
384
Icon
ICLR
$13.7B
| $34.1M | 0.03% |
+717,424
| New | +$32M |
|
385
Xcel Energy
XEL
$49.2B
| $34.1M | 0.03% |
+1,122,439
| New | +$32.7M |
|
|
ULTI
386
DELISTED
Ultimate Software Group Inc
ULTI
| $34M | 0.03% |
248,115
-814
| -0.3% | -$128K |
|
387
Columbia Banking Systems
COLB
$8.71B
| $33.7M | 0.03% |
1,181,526
+145,953
| +14% | +$3.94M |
|
|
ALTR
388
DELISTED
Altera Corp
ALTR
| $33.7M | 0.03% |
929,657
+150,130
| +19% | +$5.16M |
|
389
Wheaton Precious Metals
WPM
$49.7B
| $32.8M | 0.03% |
1,446,932
-42,989
| -3% | -$1.01M |
|
|
FPO
390
DELISTED
First Potomac Realty Trust
FPO
| $32.8M | 0.03% |
2,541,300
-12,059
| -0.5% | -$152K |
|
|
DMND
391
DELISTED
DIAMOND FOODS, INC.
DMND
| $32.4M | 0.03% |
927,922
+365,927
| +65% | +$10.4M |
|
392
Texas Roadhouse
TXRH
$13.7B
| $31.8M | 0.03% |
1,219,508
-37,021
| -3% | -$955K |
|
393
Travelers Companies
TRV
$81.1B
| $31.8M | 0.03% |
373,709
+7,165
| +2% | +$602K |
|
394
Brink's
BCO
$5.01B
| $31.6M | 0.03% |
1,105,502
+173,636
| +19% | +$5.45M |
|
395
Commault Systems
CVLT
$4.98B
| $31M | 0.03% |
477,626
-81,519
| -15% | -$5.64M |
|
|
PLCM
396
DELISTED
POLYCOM INC
PLCM
| $31M | 0.03% |
+2,260,199
| New | +$28.4M |
|
397
United Natural Foods
UNFI
$3.04B
| $31M | 0.03% |
436,495
-141,313
| -24% | -$10.1M |
|
398
Thomson Reuters
TRI
$46.4B
| $30.5M | 0.03% |
768,119
-588,011
| -43% | -$24.1M |
|
399
Flotek Industries
FTK
$789M
| $29.7M | 0.03% |
+177,529
| New | +$25M |
|
|
SCHW
400
Charles Schwab
SCHW
$182B
| $29.6M | 0.03% |
1,084,561
-180,049
| -14% | -$4.71M |
|
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.