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 | |
|---|---|---|---|---|---|---|
551
ITT
ITT
$17.5B
| $2.57M | ﹤0.01% |
53,465
+7,505
| +16% | +$334K |
|
|
ALDR
552
DELISTED
Alder Biopharmaceuticals
ALDR
| $2.51M | ﹤0.01% |
+125,000
| New | +$1.76M |
|
553
Teledyne Technologies
TDY
$30.4B
| $2.5M | ﹤0.01% |
25,693
-3,332
| -11% | -$319K |
|
554
Manhattan Associates
MANH
$8.97B
| $2.45M | ﹤0.01% |
71,111
+9,542
| +15% | +$315K |
|
555
Walmart Inc
WMT
$871B
| $2.38M | ﹤0.01% |
95,013
-2,263,263
| -96% | -$58.1M |
|
556
Provident Financial Services
PFS
$3.11B
| $2.37M | ﹤0.01% |
137,037
+11,713
| +9% | +$204K |
|
|
FL
557
DELISTED
Foot Locker
FL
| $2.3M | ﹤0.01% |
45,342
-47,622
| -51% | -$2.28M |
|
|
DST
558
DELISTED
DST Systems Inc.
DST
| $2.28M | ﹤0.01% |
49,444
+13,004
| +36% | +$598K |
|
559
Penske Automotive Group
PAG
$14.3B
| $2.24M | ﹤0.01% |
45,292
+8,446
| +23% | +$385K |
|
560
Glacier Bancorp
GBCI
$6.55B
| $2.24M | ﹤0.01% |
78,777
+5
| +0% | +$135 |
|
|
HF
561
DELISTED
HFF Inc.
HF
| $2.19M | ﹤0.01% |
58,819
-4
| -0% | -$133 |
|
|
XNPT
562
DELISTED
XENOPORT, INC.
XNPT
| $2.11M | ﹤0.01% |
437,399
-54,966
| -11% | -$233K |
|
|
PIR
563
DELISTED
Pier 1 Imports, Inc.
PIR
| $2.11M | ﹤0.01% |
6,834
-128,975
| -95% | -$45.3M |
|
|
BDBD
564
DELISTED
BOULDER BRANDS INC
BDBD
| $2.09M | ﹤0.01% |
147,332
| – | – |
|
565
Valley National Bancorp
VLY
$7.93B
| $2.09M | ﹤0.01% |
210,621
+144,309
| +218% | +$1.45M |
|
|
TEAR
566
DELISTED
TearLab Corporation
TEAR
| $2.07M | ﹤0.01% |
42,491
-89,476
| -68% | -$4.37M |
|
567
MediWound
MDWD
$183M
| $2.04M | ﹤0.01% |
+25,670
| New | +$2.09M |
|
|
PMC
568
DELISTED
PharMerica Corporation
PMC
| $2.03M | ﹤0.01% |
70,903
-16
| -0% | -$445 |
|
|
NAK
569
Northern Dynasty Minerals
NAK
$885M
| $2.02M | ﹤0.01% |
2,417,149
| – | – |
|
|
INFN
570
DELISTED
Infinera Corporation Common Stock
INFN
| $2.02M | ﹤0.01% |
219,409
-48,362
| -18% | -$430K |
|
|
SFG
571
DELISTED
STANCORP FINL GRP
SFG
| $2.02M | ﹤0.01% |
31,543
-1
| -0% | -$62 |
|
572
Celanese
CE
$5.09B
| $2.01M | ﹤0.01% |
+31,300
| New | +$1.9M |
|
573
MacroGenics
MGNX
$235M
| $1.93M | ﹤0.01% |
88,831
-10,109
| -10% | -$213K |
|
574
Honeywell
HON
$77.1B
| $1.91M | ﹤0.01% |
+22,861
| New | +$1.91M |
|
|
SUSQ
575
DELISTED
SUSQUEHANNA BANCSHARES INC
SUSQ
| $1.9M | ﹤0.01% |
179,570
-108,278
| -38% | -$1.13M |
|
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.