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 | |
|---|---|---|---|---|---|---|
|
ETP
576
DELISTED
Energy Transfer Partners, L.P.
ETP
| $2.08M | ﹤0.01% |
49,700
+15,491
| +45% | +$713K |
|
|
CHK
577
DELISTED
Chesapeake Energy Corporation
CHK
| $2.08M | ﹤0.01% |
530
+318
| +150% | +$1.32M |
|
578
DuPont de Nemours
DD
$19B
| $2.07M | ﹤0.01% |
17,942
+5,889
| +49% | +$718K |
|
579
PPG Industries
PPG
$26.5B
| $2.07M | ﹤0.01% |
17,880
+7,142
| +67% | +$741K |
|
580
State Street SPDR S&P Metals & Mining ETF
XME
$3.9B
| $2.06M | ﹤0.01% |
66,583
+2,044
| +3% | +$68.3K |
|
581
Teledyne Technologies
TDY
$30.1B
| $2.05M | ﹤0.01% |
19,958
-4,923
| -20% | -$498K |
|
|
INNL
582
DELISTED
Innocoll Holdings plc Ordinary Shares
INNL
| $2.04M | ﹤0.01% |
347,263
-2,737
| -0.8% | -$19K |
|
|
EEP
583
DELISTED
Enbridge Energy Partners
EEP
| $2.04M | ﹤0.01% |
51,146
+10,323
| +25% | +$387K |
|
584
Manhattan Associates
MANH
$9.95B
| $2.02M | ﹤0.01% |
49,482
-11,876
| -19% | -$454K |
|
|
FMER
585
DELISTED
FIRSTMERIT CORP
FMER
| $2.02M | ﹤0.01% |
106,665
+4,790
| +5% | +$86.1K |
|
|
DST
586
DELISTED
DST Systems Inc.
DST
| $2.01M | ﹤0.01% |
42,734
-4,436
| -9% | -$208K |
|
587
Honeywell
HON
$78.3B
| $2M | ﹤0.01% |
+22,316
| New | +$1.92M |
|
|
BHI
588
DELISTED
Baker Hughes
BHI
| $2M | ﹤0.01% |
35,664
+19,693
| +123% | +$1.11M |
|
|
MGLN
589
DELISTED
Magellan Health Services, Inc.
MGLN
| $2M | ﹤0.01% |
33,243
-16,732
| -33% | -$988K |
|
590
Alcoa
AA
$11.7B
| $1.99M | ﹤0.01% |
52,557
+9,140
| +21% | +$354K |
|
|
CTRA
591
DELISTED
Coterra Energy
CTRA
| $1.98M | ﹤0.01% |
66,887
+34,005
| +103% | +$1.07M |
|
592
State Street Energy Select Sector SPDR ETF
XLE
$38.3B
| $1.94M | ﹤0.01% |
48,946
-3,384
| -6% | -$141K |
|
593
Jack in the Box
JACK
$308M
| $1.93M | ﹤0.01% |
24,120
+15,405
| +177% | +$1.12M |
|
594
Insulet
PODD
$11.6B
| $1.93M | ﹤0.01% |
41,839
-26,428
| -39% | -$1.13M |
|
595
Newmont
NEM
$96.4B
| $1.92M | ﹤0.01% |
101,489
-1,568,088
| -94% | -$31.6M |
|
596
ArcelorMittal
MT
$50.7B
| $1.91M | ﹤0.01% |
75,524
+47,428
| +169% | +$1.32M |
|
597
RLI Corp
RLI
$5.97B
| $1.89M | ﹤0.01% |
76,532
+14,584
| +24% | +$344K |
|
598
Welltower
WELL
$172B
| $1.89M | ﹤0.01% |
+24,963
| New | +$1.78M |
|
599
EQT Corp
EQT
$32.3B
| $1.87M | ﹤0.01% |
45,326
+28,117
| +163% | +$1.33M |
|
|
INFN
600
DELISTED
Infinera Corporation Common Stock
INFN
| $1.86M | ﹤0.01% |
126,607
-26,651
| -17% | -$353K |
|
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.