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 | |
|---|---|---|---|---|---|---|
|
BLOX
601
DELISTED
Infoblox Inc
BLOX
| $1.05M | ﹤0.01% |
31,761
+19,474
| +158% | +$762K |
|
|
IPHI
602
DELISTED
INPHI CORPORATION
IPHI
| $1.05M | ﹤0.01% |
81,127
-1,646
| -2% | -$21.1K |
|
603
Wabtec
WAB
$49.3B
| $1.04M | ﹤0.01% |
14,068
-430
| -3% | -$28.9K |
|
604
Generac Holdings
GNRC
$11.5B
| $1.03M | ﹤0.01% |
18,171
-234
| -1% | -$11.4K |
|
605
Allegiant Air
ALGT
$2.57B
| $1.02M | ﹤0.01% |
9,714
-228
| -2% | -$24.2K |
|
606
Jefferies Financial Group
JEF
$12.7B
| $1.01M | ﹤0.01% |
39,791
+7,672
| +24% | +$194K |
|
607
Group 1 Automotive
GPI
$4.26B
| $981K | ﹤0.01% |
+13,814
| New | +$942K |
|
|
HF
608
DELISTED
HFF Inc.
HF
| $961K | ﹤0.01% |
38,113
-477
| -1% | -$11.3K |
|
609
Verizon
VZ
$197B
| $954K | ﹤0.01% |
19,421
-26,398
| -58% | -$1.3M |
|
|
CNVR
610
DELISTED
CONVERSANT INC COM STK (DE)
CNVR
| $945K | ﹤0.01% |
40,448
-523
| -1% | -$11K |
|
611
Wolfspeed
WOLF
$1.04B
| $876K | ﹤0.01% |
13,997
-315,505
| -96% | -$19.5M |
|
612
Encompass Health
EHC
$11.3B
| $875K | ﹤0.01% |
33,014
+19,696
| +148% | +$548K |
|
|
HCC
613
DELISTED
HCC INSURANCES HOLDINGS INC
HCC
| $875K | ﹤0.01% |
18,964
-580
| -3% | -$26.2K |
|
614
CubeSmart
CUBE
$9.61B
| $814K | ﹤0.01% |
51,088
-57,306
| -53% | -$983K |
|
|
WAGE
615
DELISTED
WageWorks, Inc.
WAGE
| $808K | ﹤0.01% |
13,588
-136,887
| -91% | -$7.55M |
|
616
Toll Brothers
TOL
$14B
| $805K | ﹤0.01% |
21,768
-32,290
| -60% | -$1.07M |
|
|
FNSR
617
DELISTED
Finisar Corp
FNSR
| $802K | ﹤0.01% |
33,535
-426
| -1% | -$9.72K |
|
618
Target
TGT
$66.3B
| $799K | ﹤0.01% |
12,627
-973
| -7% | -$62.2K |
|
|
CAS
619
DELISTED
A M Castle & Co
CAS
| $798K | ﹤0.01% |
54,025
-48,110
| -47% | -$699K |
|
620
Resources Connection
RGP
$140M
| $795K | ﹤0.01% |
55,461
-702
| -1% | -$9.24K |
|
|
SAFM
621
DELISTED
Sanderson Farms Inc
SAFM
| $783K | ﹤0.01% |
+10,822
| New | +$721K |
|
622
Enovis
ENOV
$1.74B
| $767K | ﹤0.01% |
6,999
-214
| -3% | -$21.4K |
|
623
Trex
TREX
$4.4B
| $754K | ﹤0.01% |
75,824
-1,000
| -1% | -$8.19K |
|
|
BECN
624
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $753K | ﹤0.01% |
18,693
-240
| -1% | -$8.71K |
|
625
Texas Capital Bancshares
TCBI
$4.28B
| $739K | ﹤0.01% |
11,877
-14,024
| -54% | -$747K |
|
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.