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 |
Bristol-Myers Squibb
BMY
|
+$734M |
| 2 |
Adobe
ADBE
|
+$488M |
| 3 |
Merck
MRK
|
+$443M |
| 4 |
Tesla
TSLA
|
+$366M |
| 5 |
AGN
Allergan plc
AGN
|
+$315M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
UnitedHealth
UNH
|
+$682M |
| 2 |
Perrigo
PRGO
|
+$585M |
| 3 |
Gilead Sciences
GILD
|
+$556M |
| 4 |
EMC
EMC CORPORATION
EMC
|
+$432M |
| 5 |
Morgan Stanley
MS
|
+$401M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 17.94% |
| 2 | Consumer Discretionary | 14.99% |
| 3 | Communication Services | 11.27% |
| 4 | Technology | 9.94% |
| 5 | Financials | 9.36% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
576
Plexus
PLXS
$6.43B
| $1.64M | ﹤0.01% |
37,970
+8,438
| +29% | +$334K |
|
|
ZQK
577
DELISTED
QUICKSILVER,INC.
ZQK
| $1.62M | ﹤0.01% |
184,970
-51,495
| -22% | -$417K |
|
|
FFIC
578
DELISTED
Flushing Financial
FFIC
| $1.55M | ﹤0.01% |
74,783
-954
| -1% | -$19.1K |
|
|
TRW
579
DELISTED
TRW AUTOMOTIVE HOLDINGS CORP
TRW
| $1.55M | ﹤0.01% |
20,814
+4,252
| +26% | +$320K |
|
|
PMC
580
DELISTED
PharMerica Corporation
PMC
| $1.54M | ﹤0.01% |
71,695
-28,867
| -29% | -$525K |
|
|
KNL
581
DELISTED
Knoll, Inc.
KNL
| $1.5M | ﹤0.01% |
81,705
-1,490
| -2% | -$25.3K |
|
|
FLIR
582
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| $1.47M | ﹤0.01% |
48,878
-1,494
| -3% | -$44.2K |
|
|
TBI
583
Trueblue
TBI
$227M
| $1.44M | ﹤0.01% |
55,653
+10,824
| +24% | +$270K |
|
584
Penske Automotive Group
PAG
$14.7B
| $1.42M | ﹤0.01% |
30,124
-536
| -2% | -$22.9K |
|
585
Home BancShares
HOMB
$6.3B
| $1.39M | ﹤0.01% |
74,440
-1,440
| -2% | -$24.8K |
|
586
Ford
F
$60.9B
| $1.36M | ﹤0.01% |
+88,373
| New | +$1.48M |
|
|
IMPV
587
DELISTED
Imperva, Inc.
IMPV
| $1.35M | ﹤0.01% |
27,960
-608
| -2% | -$25.6K |
|
588
Fulton Financial
FULT
$4.68B
| $1.32M | ﹤0.01% |
100,653
+46,850
| +87% | +$585K |
|
|
WBA
589
DELISTED
Walgreens Boots Alliance
WBA
| $1.3M | ﹤0.01% |
22,576
+11,748
| +108% | +$683K |
|
590
AGCO
AGCO
$8.41B
| $1.26M | ﹤0.01% |
21,235
-649
| -3% | -$38.7K |
|
|
PVTB
591
DELISTED
PrivateBancorp Inc
PVTB
| $1.25M | ﹤0.01% |
43,242
-792
| -2% | -$20.4K |
|
|
URS
592
DELISTED
URS CORP
URS
| $1.23M | ﹤0.01% |
23,201
-710
| -3% | -$37.4K |
|
593
G-III Apparel Group
GIII
$1.54B
| $1.23M | ﹤0.01% |
33,280
-420
| -1% | -$12.6K |
|
594
NETGEAR
NTGR
$612M
| $1.2M | ﹤0.01% |
36,354
-57,761
| -61% | -$1.8M |
|
|
P
595
DELISTED
Pandora Media Inc
P
| $1.19M | ﹤0.01% |
44,642
+29,548
| +196% | +$810K |
|
|
RKT
596
DELISTED
ROCK-TENN COMPANY CL-A
RKT
| $1.15M | ﹤0.01% |
21,916
+7,666
| +54% | +$386K |
|
|
EXAS
597
DELISTED
Exact Sciences
EXAS
| $1.14M | ﹤0.01% |
97,837
-2,397,431
| -96% | -$27.5M |
|
|
DNB
598
DELISTED
Dun & Bradstreet
DNB
| $1.14M | ﹤0.01% |
9,317
-284
| -3% | -$31.8K |
|
|
PRXL
599
DELISTED
Parexel International Corp
PRXL
| $1.13M | ﹤0.01% |
25,056
-469
| -2% | -$21.5K |
|
600
PENN Entertainment
PENN
$2.84B
| $1.06M | ﹤0.01% |
+74,285
| New | +$1.02M |
|
Similar funds
Jennison Associates's Q4 2013 Portfolio in Review
As of Q4 2013, Jennison Associates held 759 positions worth $102B, up 6.9% from $95.4B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Jennison Associates's Q4 2013 filing shows 79 new, 184 increased, 411 reduced and 54 closed positions. Its largest new stake was Allergan plc: 2,016,619 shares worth $339M. The largest sale was UnitedHealth, an estimated $682M.
By sector, the portfolio is most concentrated in Healthcare at 18% of assets, up from 17% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q4 2013 buy was Allergan plc: 2,016,619 shares worth $339M.
- Jennison Associates added most to Bristol-Myers Squibb in Q4 2013, an estimated $734M increase.
- Jennison Associates's biggest Q4 2013 reduction was UnitedHealth, cutting an estimated $682M.
- Jennison Associates fully exited Perrigo in Q4 2013, selling an estimated $585M.
- Jennison Associates's ten largest holdings make up 20% of its $102B portfolio in Q4 2013.
- Jennison Associates opened 79 new positions and closed 54 in Q4 2013.
- Jennison Associates's portfolio value rose 6.9% quarter-over-quarter to $102B.
Based on Jennison Associates's 13F filing for Q4 2013, filed 10 Feb 2014.