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 | |
|---|---|---|---|---|---|---|
526
RBC Bearings
RBC
$18.2B
| $3.81M | ﹤0.01% |
59,024
-3,787
| -6% | -$230K |
|
|
PLG
527
Platinum Group Metals
PLG
$159M
| $3.81M | ﹤0.01% |
78,174
-343
| -0.4% | -$24.4K |
|
528
Moog Inc Class A
MOG.A
$13.1B
| $3.76M | ﹤0.01% |
50,789
-1,140
| -2% | -$82.4K |
|
|
AET
529
DELISTED
Aetna Inc
AET
| $3.75M | ﹤0.01% |
42,243
+11,934
| +39% | +$1M |
|
|
KRFT
530
DELISTED
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
| $3.74M | ﹤0.01% |
59,692
-3,357
| -5% | -$196K |
|
|
TEN
531
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $3.71M | ﹤0.01% |
65,563
+81
| +0.1% | +$4.36K |
|
532
Deere & Co
DE
$173B
| $3.67M | ﹤0.01% |
+41,464
| New | +$3.58M |
|
|
CSC
533
DELISTED
Computer Sciences
CSC
| $3.66M | ﹤0.01% |
137,852
+683
| +0.5% | +$17.6K |
|
|
MRSH
534
Marsh
MRSH
$91.7B
| $3.63M | ﹤0.01% |
63,469
-4,738
| -7% | -$260K |
|
535
Berkshire Hathaway Class B
BRK.B
$1.11T
| $3.55M | ﹤0.01% |
23,672
-782
| -3% | -$113K |
|
|
K
536
DELISTED
Kellanova
K
| $3.55M | ﹤0.01% |
+57,738
| New | +$3.47M |
|
537
Johnson & Johnson
JNJ
$643B
| $3.54M | ﹤0.01% |
33,801
-1,405
| -4% | -$148K |
|
538
Franklin Resources
BEN
$17.3B
| $3.52M | ﹤0.01% |
63,625
+52,947
| +496% | +$2.92M |
|
539
PepsiCo
PEP
$195B
| $3.52M | ﹤0.01% |
+37,196
| New | +$3.57M |
|
540
Sunoco
SUN
$14.4B
| $3.5M | ﹤0.01% |
+70,411
| New | +$3.3M |
|
541
DexCom
DXCM
$28.9B
| $3.38M | ﹤0.01% |
245,652
-28,868
| -11% | -$353K |
|
542
Provident Financial Services
PFS
$3.15B
| $3.36M | ﹤0.01% |
186,223
+16,688
| +10% | +$292K |
|
543
Verizon
VZ
$201B
| $3.32M | ﹤0.01% |
70,996
-1,186,461
| -94% | -$58M |
|
544
Blackrock
BLK
$170B
| $3.27M | ﹤0.01% |
9,150
-1,994
| -18% | -$681K |
|
545
Gartner
IT
$10.4B
| $3.24M | ﹤0.01% |
38,523
+3,618
| +10% | +$294K |
|
546
MacroGenics
MGNX
$245M
| $3.12M | ﹤0.01% |
88,866
-98
| -0.1% | -$2.44K |
|
547
Avnet
AVT
$7.07B
| $2.98M | ﹤0.01% |
69,168
+8,533
| +14% | +$361K |
|
|
UTX.PRA
548
DELISTED
UNITED TECHNOLOGIES CORP CORP UNIT (DE)
UTX.PRA
| $2.96M | ﹤0.01% |
48,297
| – | – |
|
549
Plexus
PLXS
$6.69B
| $2.93M | ﹤0.01% |
71,083
+15,160
| +27% | +$591K |
|
550
Simon Property Group
SPG
$76.8B
| $2.85M | ﹤0.01% |
+15,628
| New | +$2.77M |
|
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.