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 | |
|---|---|---|---|---|---|---|
476
Prothena Corp
PRTA
$425M
| $9.96M | 0.01% |
492,094
-8,481
| -2% | -$150K |
|
|
DATA
477
DELISTED
Tableau Software, Inc.
DATA
| $9.95M | 0.01% |
139,664
-53,498
| -28% | -$3.44M |
|
|
ATHL
478
DELISTED
ATHLON ENERGY INC COM
ATHL
| $9.67M | 0.01% |
+295,600
| New | +$8.62M |
|
479
Bloomin' Brands
BLMN
$741M
| $9.18M | 0.01% |
388,711
-835,548
| -68% | -$20M |
|
|
STKL
480
DELISTED
SunOpta
STKL
| $9.15M | 0.01% |
941,403
-487,426
| -34% | -$4.31M |
|
|
RP
481
DELISTED
RealPage, Inc.
RP
| $8.92M | 0.01% |
+385,146
| New | +$8.07M |
|
|
TPGI
482
DELISTED
THOMAS PROPERTIES GROUP INC
TPGI
| $8.84M | 0.01% |
1,314,926
+224,205
| +21% | +$1.3M |
|
483
MPLX
MPLX
$59.3B
| $8.75M | 0.01% |
240,204
+2,357
| +1% | +$85.1K |
|
|
HSTO
484
DELISTED
Histogen Inc. Common Stock
HSTO
| $8.49M | 0.01% |
+4,225
| New | +$7.85M |
|
|
PLG
485
Platinum Group Metals
PLG
$164M
| $8M | 0.01% |
74,749
+1
| +0% | +$104 |
|
486
TG Therapeutics
TGTX
$7.96B
| $7.83M | 0.01% |
1,539,102
+871,432
| +131% | +$5.33M |
|
487
PTC Therapeutics
PTCT
$5.68B
| $7.65M | 0.01% |
+356,373
| New | +$6.19M |
|
|
SSNI
488
DELISTED
Silver Spring Networks, Inc.
SSNI
| $7.6M | 0.01% |
438,465
-299,236
| -41% | -$6.79M |
|
|
WAGE
489
DELISTED
WageWorks, Inc.
WAGE
| $7.59M | 0.01% |
150,475
-195,036
| -56% | -$8.04M |
|
|
EQM
490
DELISTED
EQM Midstream Partners, LP
EQM
| $7.09M | 0.01% |
143,989
+1,837
| +1% | +$86.4K |
|
|
PETX
491
DELISTED
Aratana Therapeutics, Inc.
PETX
| $7.03M | 0.01% |
429,953
+4,953
| +1% | +$52K |
|
|
OMN
492
DELISTED
OMNOVA Solutions Inc.
OMN
| $6.59M | 0.01% |
771,388
-677,952
| -47% | -$5.54M |
|
|
INFI
493
DELISTED
Infinity Pharmaceuticals, Inc.
INFI
| $6.5M | 0.01% |
372,744
-2,349
| -0.6% | -$45K |
|
494
Verastem
VSTM
$510M
| $6.22M | 0.01% |
41,667
+18,750
| +82% | +$3.27M |
|
|
MM
495
DELISTED
MILLENNIAL MEDIA INC COM STK (DE)
MM
| $6.1M | 0.01% |
862,348
-685,447
| -44% | -$5.55M |
|
|
YOKU
496
DELISTED
YOUKU TUDOU INC.(CAYMAN ISLS)
YOKU
| $6.08M | 0.01% |
221,958
-45,852
| -17% | -$1.05M |
|
|
PSXP
497
DELISTED
PHILLIPS 66 PARTNERS LP
PSXP
| $5.78M | 0.01% |
+187,769
| New | +$5.9M |
|
498
State Street SPDR S&P 500 ETF Trust
SPY
$790B
| $5.77M | 0.01% |
34,300
-66,724
| -66% | -$11.2M |
|
499
Shutterstock
SSTK
$198M
| $5.45M | 0.01% |
+75,000
| New | +$4.28M |
|
500
ExxonMobil
XOM
$644B
| $5.37M | 0.01% |
+62,423
| New | +$5.63M |
|
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.