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 | |
|---|---|---|---|---|---|---|
576
D.R. Horton
DHI
$41.2B
| $1.53M | ﹤0.01% |
79,026
-13,206
| -14% | -$262K |
|
577
Provident Financial Services
PFS
$3.14B
| $1.46M | ﹤0.01% |
89,978
-145
| -0.2% | -$2.45K |
|
|
KNL
578
DELISTED
Knoll, Inc.
KNL
| $1.41M | ﹤0.01% |
83,195
-20,812
| -20% | -$335K |
|
|
FFIC
579
DELISTED
Flushing Financial
FFIC
| $1.4M | ﹤0.01% |
75,737
| – | – |
|
580
Petrobras
PBR
$120B
| $1.36M | ﹤0.01% |
88,061
-2,062,357
| -96% | -$29.4M |
|
|
SREV
581
DELISTED
ServiceSource International, Inc.
SREV
| $1.34M | ﹤0.01% |
111,173
-30,996
| -22% | -$366K |
|
|
PMC
582
DELISTED
PharMerica Corporation
PMC
| $1.33M | ﹤0.01% |
100,562
+59,894
| +147% | +$807K |
|
583
AGCO
AGCO
$8.41B
| $1.32M | ﹤0.01% |
21,884
+352
| +2% | +$19.9K |
|
584
Penske Automotive Group
PAG
$14.7B
| $1.31M | ﹤0.01% |
30,660
+12,534
| +69% | +$480K |
|
|
FNGN
585
DELISTED
Financial Engines, Inc.
FNGN
| $1.29M | ﹤0.01% |
21,677
+13,175
| +155% | +$701K |
|
|
URS
586
DELISTED
URS CORP
URS
| $1.28M | ﹤0.01% |
23,911
-381
| -2% | -$18.9K |
|
|
PRXL
587
DELISTED
Parexel International Corp
PRXL
| $1.28M | ﹤0.01% |
25,525
+6,615
| +35% | +$324K |
|
|
CLR
588
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $1.28M | ﹤0.01% |
23,866
-12,516
| -34% | -$600K |
|
|
FMER
589
DELISTED
FIRSTMERIT CORP
FMER
| $1.28M | ﹤0.01% |
58,921
+35,253
| +149% | +$766K |
|
590
United Therapeutics
UTHR
$26.1B
| $1.27M | ﹤0.01% |
16,127
+334
| +2% | +$24.4K |
|
591
EQT Corp
EQT
$32.9B
| $1.21M | ﹤0.01% |
25,024
-10,935
| -30% | -$507K |
|
|
CTRA
592
DELISTED
Coterra Energy
CTRA
| $1.2M | ﹤0.01% |
32,165
-12,683
| -28% | -$475K |
|
|
IMPV
593
DELISTED
Imperva, Inc.
IMPV
| $1.2M | ﹤0.01% |
28,568
+6,267
| +28% | +$298K |
|
594
Texas Capital Bancshares
TCBI
$4.28B
| $1.19M | ﹤0.01% |
25,901
-3,797
| -13% | -$175K |
|
|
TRW
595
DELISTED
TRW AUTOMOTIVE HOLDINGS CORP
TRW
| $1.18M | ﹤0.01% |
+16,562
| New | +$1.16M |
|
596
Nucor
NUE
$58.3B
| $1.18M | ﹤0.01% |
24,029
-10,537
| -30% | -$494K |
|
|
WFT
597
DELISTED
Weatherford International plc
WFT
| $1.18M | ﹤0.01% |
76,706
-36,942
| -33% | -$542K |
|
|
BHI
598
DELISTED
Baker Hughes
BHI
| $1.17M | ﹤0.01% |
23,844
-10,595
| -31% | -$511K |
|
599
LyondellBasell Industries
LYB
$19.5B
| $1.16M | ﹤0.01% |
15,831
+1,184
| +8% | +$82.4K |
|
600
Home BancShares
HOMB
$6.3B
| $1.15M | ﹤0.01% |
75,880
+76
| +0.1% | +$1.05K |
|
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.