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 | |
|---|---|---|---|---|---|---|
551
CrossAmerica Partners
CAPL
$839M
| $2.84M | ﹤0.01% |
+70,560
| New | +$2.44M |
|
552
Macy's
M
$6.62B
| $2.81M | ﹤0.01% |
42,819
-16,656
| -28% | -$1.01M |
|
553
Archer Daniels Midland
ADM
$40.1B
| $2.69M | ﹤0.01% |
51,630
-21,009
| -29% | -$1.05M |
|
554
Amgen
AMGN
$212B
| $2.67M | ﹤0.01% |
+16,791
| New | +$2.62M |
|
555
Cheniere Energy
CQP
$31B
| $2.65M | ﹤0.01% |
82,732
+49,330
| +148% | +$1.51M |
|
556
Woodward
WWD
$24.5B
| $2.53M | ﹤0.01% |
51,333
-1,275
| -2% | -$63.2K |
|
557
Sysco
SYY
$40.8B
| $2.48M | ﹤0.01% |
+62,350
| New | +$2.42M |
|
|
WPZ
558
DELISTED
WILLIAMS PARTNERS L.P. COM UTS REPTG L.P. INT
WPZ
| $2.46M | ﹤0.01% |
58,449
-26,667
| -31% | -$1.25M |
|
559
Westlake Chemical Partners
WLKP
$776M
| $2.4M | ﹤0.01% |
82,930
+10,543
| +15% | +$301K |
|
|
HF
560
DELISTED
HFF Inc.
HF
| $2.34M | ﹤0.01% |
65,241
+8,301
| +15% | +$270K |
|
561
HF Sinclair
DINO
$16.1B
| $2.33M | ﹤0.01% |
+62,116
| New | +$2.59M |
|
562
Altria Group
MO
$125B
| $2.29M | ﹤0.01% |
46,367
+32,358
| +231% | +$1.58M |
|
|
JIVE
563
DELISTED
Jive Software, Inc.
JIVE
| $2.27M | ﹤0.01% |
376,446
+9,589
| +3% | +$57.3K |
|
564
Boston Properties
BXP
$11.2B
| $2.23M | ﹤0.01% |
+17,327
| New | +$2.19M |
|
|
TVRD
565
Tvardi Therapeutics
TVRD
$22.9M
| $2.22M | ﹤0.01% |
6,197
-6
| -0.1% | -$1.93K |
|
566
ConocoPhillips
COP
$139B
| $2.2M | ﹤0.01% |
31,855
+17,604
| +124% | +$1.23M |
|
567
Intel
INTC
$435B
| $2.2M | ﹤0.01% |
60,557
+36,072
| +147% | +$1.26M |
|
|
WNRL
568
DELISTED
Western Refining Logistics, LP
WNRL
| $2.17M | ﹤0.01% |
71,076
| – | – |
|
569
Lockheed Martin
LMT
$134B
| $2.14M | ﹤0.01% |
+11,099
| New | +$2.06M |
|
570
Nucor
NUE
$60.5B
| $2.13M | ﹤0.01% |
43,387
+25,308
| +140% | +$1.32M |
|
571
Evercore
EVR
$13.2B
| $2.11M | ﹤0.01% |
40,319
-137,416
| -77% | -$6.88M |
|
572
Glacier Bancorp
GBCI
$6.45B
| $2.11M | ﹤0.01% |
75,960
-1,823
| -2% | -$49.4K |
|
573
Valero Energy
VLO
$88.7B
| $2.1M | ﹤0.01% |
42,316
-44,994
| -52% | -$2.18M |
|
|
PMC
574
DELISTED
PharMerica Corporation
PMC
| $2.09M | ﹤0.01% |
100,862
+16,309
| +19% | +$387K |
|
|
SFG
575
DELISTED
STANCORP FINL GRP
SFG
| $2.08M | ﹤0.01% |
29,810
-1,311
| -4% | -$87.5K |
|
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.