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 | |
|---|---|---|---|---|---|---|
|
TAHO
376
DELISTED
Tahoe Resources Inc
TAHO
| $34.6M | 0.03% |
1,322,058
+4,279
| +0.3% | +$95.6K |
|
377
Travelers Companies
TRV
$81.6B
| $34.6M | 0.03% |
367,501
-6,208
| -2% | -$566K |
|
|
YHOO
378
DELISTED
Yahoo Inc
YHOO
| $34.4M | 0.03% |
978,729
| – | – |
|
|
ADT
379
DELISTED
ADT Corp
ADT
| $34M | 0.03% |
+972,835
| New | +$31.2M |
|
|
INXN
380
DELISTED
Interxion Holding N.V.
INXN
| $34M | 0.03% |
1,240,170
+96,251
| +8% | +$2.51M |
|
381
Procter & Gamble
PG
$347B
| $33.8M | 0.03% |
429,966
-348,009
| -45% | -$28.1M |
|
|
FPO
382
DELISTED
First Potomac Realty Trust
FPO
| $33.7M | 0.03% |
2,565,037
+23,737
| +0.9% | +$309K |
|
383
Pinnacle Financial Partners Inc
PNFP
$15.6B
| $33.6M | 0.03% |
850,204
-644,417
| -43% | -$23.1M |
|
384
Thomson Reuters
TRI
$42.4B
| $33.5M | 0.03% |
794,376
+26,257
| +3% | +$1.07M |
|
|
ALTR
385
DELISTED
Altera Corp
ALTR
| $33.5M | 0.03% |
963,428
+33,771
| +4% | +$1.14M |
|
386
SM Energy
SM
$7.4B
| $33.4M | 0.03% |
396,847
+11
| +0% | +$843 |
|
387
Wintrust Financial
WTFC
$10.8B
| $32.7M | 0.03% |
710,920
-320,002
| -31% | -$14.5M |
|
388
CVS Health
CVS
$137B
| $32.5M | 0.03% |
430,641
-409,499
| -49% | -$30.9M |
|
389
Brink's
BCO
$4.9B
| $32.2M | 0.03% |
1,139,414
+33,912
| +3% | +$910K |
|
390
Texas Roadhouse
TXRH
$13.2B
| $31.6M | 0.03% |
1,216,996
-2,512
| -0.2% | -$63.6K |
|
391
Bruker
BRKR
$9.14B
| $31.6M | 0.03% |
1,300,301
-1,157,295
| -47% | -$25.1M |
|
|
SN
392
DELISTED
Sanchez Energy Corporation
SN
| $31.2M | 0.03% |
831,040
-345,241
| -29% | -$10.9M |
|
393
Columbia Banking Systems
COLB
$8.79B
| $31.1M | 0.03% |
1,180,812
-714
| -0.1% | -$18.6K |
|
|
ICPT
394
PUT
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $30.8M | 0.03% |
+130,000
| New | +$34.3M |
|
395
Monster Beverage
MNST
$93.3B
| $30.3M | 0.03% |
2,563,122
+458,484
| +22% | +$5.23M |
|
|
WX
396
DELISTED
WUXI PHARMATECH, CAYMAN INC REPSTG 8 ORD SHS
WX
| $30.3M | 0.03% |
922,200
+135,098
| +17% | +$4.62M |
|
397
RH
RH
$3.41B
| $30.1M | 0.03% |
323,246
+1,645
| +0.5% | +$115K |
|
|
INN
398
Summit Hotel Properties
INN
$749M
| $29.6M | 0.03% |
2,791,167
-40,691
| -1% | -$394K |
|
|
PLCM
399
DELISTED
POLYCOM INC
PLCM
| $29.4M | 0.03% |
2,346,499
+86,300
| +4% | +$1.09M |
|
400
Huron Consulting
HURN
$1.9B
| $29.2M | 0.03% |
413,011
-178,876
| -30% | -$11.8M |
|
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.