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 |
Capri Holdings
CPRI
|
+$448M |
| 2 |
MJN
Mead Johnson Nutrition Company
MJN
|
+$248M |
| 3 |
AGN
Allergan Inc
AGN
|
+$240M |
| 4 |
Apple
AAPL
|
+$223M |
| 5 |
ESRX
Express Scripts Holding Company
ESRX
|
+$156M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
IBM
IBM
|
+$677M |
| 2 |
Intuitive Surgical
ISRG
|
+$501M |
| 3 |
BRCM
BROADCOM CORP CL-A
BRCM
|
+$476M |
| 4 |
Crown Castle
CCI
|
+$365M |
| 5 |
Ralph Lauren
RL
|
+$336M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 17.28% |
| 2 | Consumer Discretionary | 14.62% |
| 3 | Technology | 10.39% |
| 4 | Communication Services | 9.8% |
| 5 | Energy | 9.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
426
Moog Inc Class A
MOG.A
$12.4B
| $21.4M | 0.02% |
365,158
-126,183
| -26% | -$6.99M |
|
|
WX
427
DELISTED
WUXI PHARMATECH, CAYMAN INC REPSTG 8 ORD SHS
WX
| $21.2M | 0.02% |
774,563
+7,264
| +0.9% | +$172K |
|
|
LPNT
428
DELISTED
LifePoint Health, Inc.
LPNT
| $21.2M | 0.02% |
455,123
-18,890
| -4% | -$904K |
|
|
MACK
429
DELISTED
Merrimack Pharmaceuticals, Inc.
MACK
| $20.7M | 0.02% |
692,870
+293,726
| +74% | +$10.3M |
|
|
INXN
430
DELISTED
Interxion Holding N.V.
INXN
| $20.7M | 0.02% |
929,133
-147,636
| -14% | -$3.64M |
|
431
Southern Copper
SCCO
$138B
| $20.5M | 0.02% |
812,775
-39,464
| -5% | -$1.02M |
|
|
TFCFA
432
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $20.4M | 0.02% |
+609,634
| New | +$19.2M |
|
|
CLDT
433
Chatham Lodging
CLDT
$632M
| $20.2M | 0.02% |
1,133,445
-52,230
| -4% | -$960K |
|
|
CIM
434
Chimera Investment
CIM
$1.06B
| $20.1M | 0.02% |
441,536
-3,679
| -0.8% | -$164K |
|
435
WSFS Financial
WSFS
$4.14B
| $20M | 0.02% |
997,395
-1,764
| -0.2% | -$35.3K |
|
436
United Parks & Resorts
PRKS
$2.19B
| $19.9M | 0.02% |
671,863
| – | – |
|
437
Wolfspeed
WOLF
$1.04B
| $19.8M | 0.02% |
329,502
+24,512
| +8% | +$1.56M |
|
|
RATE
438
DELISTED
Bankrate Inc
RATE
| $19.8M | 0.02% |
962,582
+233,390
| +32% | +$4M |
|
439
Dover
DOV
$26.7B
| $19.7M | 0.02% |
327,552
-105,179
| -24% | -$6.06M |
|
|
NTLS
440
DELISTED
NTELOS HLDGS CORP COM
NTLS
| $19.4M | 0.02% |
1,031,699
-757,828
| -42% | -$13.1M |
|
441
Columbia Banking Systems
COLB
$8.71B
| $19.2M | 0.02% |
+778,016
| New | +$19.1M |
|
442
Chefs' Warehouse
CHEF
$4.31B
| $19.1M | 0.02% |
+825,882
| New | +$17.7M |
|
443
Neurocrine Biosciences
NBIX
$18.2B
| $18.6M | 0.02% |
1,642,465
-10,181
| -0.6% | -$140K |
|
444
Zurn Elkay Water Solutions
ZWS
$8.55B
| $17.6M | 0.02% |
1,758,922
-524,979
| -23% | -$4.84M |
|
445
Artisan Partners
APAM
$2.86B
| $17.5M | 0.02% |
334,002
+107,296
| +47% | +$5.5M |
|
|
WNR
446
DELISTED
Western Refining Inc
WNR
| $17.3M | 0.02% |
576,707
| – | – |
|
447
NETSCOUT
NTCT
$2.83B
| $16.5M | 0.02% |
645,734
-17,536
| -3% | -$453K |
|
|
CHC
448
DELISTED
CHINA HYDROELECTRIC CORP SPONSORED ADR RPSTG 3 ORD SHS
CHC
| $16.5M | 0.02% |
6,535,971
| – | – |
|
|
ARIA
449
DELISTED
Ariad Pharmaceuticals Inc
ARIA
| $16.4M | 0.02% |
891,161
-1,314,826
| -60% | -$25.5M |
|
450
Copa Holdings
CPA
$5.56B
| $16.4M | 0.02% |
+118,191
| New | +$16.2M |
|
Similar funds
Jennison Associates's Q3 2013 Portfolio in Review
As of Q3 2013, Jennison Associates held 756 positions worth $95.4B, up 7.3% from $88.9B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Jennison Associates withdrew a net $3.46B in Q3 2013, closing 76 positions and reducing 326 holdings. Its most notable exit was Intuitive Surgical, an estimated $501M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 17% of assets, down from 18% a quarter earlier, followed by Consumer Discretionary and Technology.
Against the trend, Jennison Associates opened a new position in Under Armour worth $157M.
- Jennison Associates's largest Q3 2013 buy was Under Armour: 7,942,523 shares worth $157M.
- Jennison Associates added most to Capri Holdings in Q3 2013, an estimated $448M increase.
- Jennison Associates's biggest Q3 2013 reduction was IBM, cutting an estimated $677M.
- Jennison Associates fully exited Intuitive Surgical in Q3 2013, selling an estimated $501M.
- Jennison Associates's ten largest holdings make up 19% of its $95.4B portfolio in Q3 2013.
- Jennison Associates opened 84 new positions and closed 76 in Q3 2013.
- Jennison Associates's portfolio value rose 7.3% quarter-over-quarter to $95.4B.
Based on Jennison Associates's 13F filing for Q3 2013, filed 13 Nov 2013.