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 |
Perrigo
PRGO
|
+$672M |
| 2 |
Merck
MRK
|
+$608M |
| 3 |
ICPT
Intercept Pharmaceuticals, Inc.
ICPT
|
+$384M |
| 4 |
Las Vegas Sands
LVS
|
+$378M |
| 5 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$303M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Ralph Lauren
RL
|
+$518M |
| 2 |
eBay
EBAY
|
+$474M |
| 3 |
Estee Lauder
EL
|
+$435M |
| 4 |
Goldman Sachs
GS
|
+$323M |
| 5 |
TechnipFMC
FTI
|
+$304M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 20.03% |
| 2 | Consumer Discretionary | 13.85% |
| 3 | Communication Services | 11.23% |
| 4 | Technology | 10.46% |
| 5 | Energy | 9.31% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
576
Woodward
WWD
$23B
| $2.21M | ﹤0.01% |
53,284
-520
| -1% | -$22.4K |
|
577
Manhattan Associates
MANH
$11.9B
| $2.16M | ﹤0.01% |
61,569
-10,327
| -14% | -$360K |
|
578
Nordson
NDSN
$16.4B
| $2.13M | ﹤0.01% |
30,158
-392
| -1% | -$27.8K |
|
|
KRFT
579
DELISTED
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
| $2.12M | ﹤0.01% |
+37,818
| New | +$2.05M |
|
|
SFG
580
DELISTED
STANCORP FINL GRP
SFG
| $2.11M | ﹤0.01% |
31,544
-410
| -1% | -$27.1K |
|
581
Best Buy
BBY
$19B
| $2.04M | ﹤0.01% |
+77,309
| New | +$2.12M |
|
|
OMG
582
DELISTED
OM GROUP INC.
OMG
| $2.02M | ﹤0.01% |
+60,732
| New | +$2.04M |
|
583
Ciena
CIEN
$46.8B
| $2.02M | ﹤0.01% |
88,651
-16,695
| -16% | -$393K |
|
|
PMC
584
DELISTED
PharMerica Corporation
PMC
| $1.98M | ﹤0.01% |
70,919
-776
| -1% | -$19.1K |
|
|
HF
585
DELISTED
HFF Inc.
HF
| $1.98M | ﹤0.01% |
58,823
+20,710
| +54% | +$625K |
|
586
LyondellBasell Industries
LYB
$19.5B
| $1.97M | ﹤0.01% |
+22,156
| New | +$1.86M |
|
|
EGRX
587
DELISTED
Eagle Pharmaceuticals, Inc.
EGRX
| $1.97M | ﹤0.01% |
+154,534
| New | +$2.1M |
|
588
DexCom
DXCM
$29B
| $1.97M | ﹤0.01% |
190,120
-176,840
| -48% | -$1.83M |
|
589
ITT
ITT
$17.1B
| $1.97M | ﹤0.01% |
45,960
+7,082
| +18% | +$301K |
|
|
FMER
590
DELISTED
FIRSTMERIT CORP
FMER
| $1.93M | ﹤0.01% |
92,471
+17,093
| +23% | +$362K |
|
|
XLRN
591
DELISTED
Acceleron Pharma
XLRN
| $1.92M | ﹤0.01% |
55,553
+187
| +0.3% | +$8.44K |
|
|
EXAS
592
DELISTED
Exact Sciences
EXAS
| $1.79M | ﹤0.01% |
126,273
+28,436
| +29% | +$384K |
|
|
WCG
593
DELISTED
Wellcare Health Plans, Inc.
WCG
| $1.77M | ﹤0.01% |
27,920
+18,470
| +195% | +$1.2M |
|
594
Southwest Airlines
LUV
$21.7B
| $1.73M | ﹤0.01% |
73,298
-92,580
| -56% | -$2.03M |
|
|
DST
595
DELISTED
DST Systems Inc.
DST
| $1.73M | ﹤0.01% |
36,440
-9,158
| -20% | -$427K |
|
596
NN Inc
NNBR
$237M
| $1.73M | ﹤0.01% |
+87,629
| New | +$1.67M |
|
|
CB
597
DELISTED
CHUBB CORPORATION
CB
| $1.72M | ﹤0.01% |
19,229
-15,439
| -45% | -$1.35M |
|
|
TRW
598
DELISTED
TRW AUTOMOTIVE HOLDINGS CORP
TRW
| $1.68M | ﹤0.01% |
20,547
-267
| -1% | -$20.7K |
|
599
Watts Water Technologies
WTS
$11.2B
| $1.66M | ﹤0.01% |
28,292
-15,682
| -36% | -$914K |
|
600
Fulton Financial
FULT
$4.68B
| $1.6M | ﹤0.01% |
127,270
+26,617
| +26% | +$335K |
|
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Jennison Associates's Q1 2014 Portfolio in Review
As of Q1 2014, Jennison Associates held 826 positions worth $105B, up 2.6% from $102B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Jennison Associates's Q1 2014 filing shows 122 new, 275 increased, 321 reduced and 94 closed positions. Its largest new stake was Perrigo: 4,257,843 shares worth $659M. The largest sale was Ralph Lauren, an estimated $518M.
By sector, the portfolio is most concentrated in Healthcare at 20% of assets, up from 18% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q1 2014 buy was Perrigo: 4,257,843 shares worth $659M.
- Jennison Associates added most to Merck in Q1 2014, an estimated $608M increase.
- Jennison Associates's biggest Q1 2014 reduction was Estee Lauder, cutting an estimated $435M.
- Jennison Associates fully exited Ralph Lauren in Q1 2014, selling an estimated $518M.
- Jennison Associates's ten largest holdings make up 18% of its $105B portfolio in Q1 2014.
- Jennison Associates opened 122 new positions and closed 94 in Q1 2014.
- Jennison Associates's portfolio value rose 2.6% quarter-over-quarter to $105B.
Based on Jennison Associates's 13F filing for Q1 2014, filed 7 May 2014.