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 | |
|---|---|---|---|---|---|---|
601
Home BancShares
HOMB
$6.3B
| $1.58M | ﹤0.01% |
91,806
+17,366
| +23% | +$292K |
|
|
RKT
602
DELISTED
ROCK-TENN COMPANY CL-A
RKT
| $1.58M | ﹤0.01% |
29,898
+7,982
| +36% | +$418K |
|
603
Penske Automotive Group
PAG
$14.7B
| $1.58M | ﹤0.01% |
36,846
+6,722
| +22% | +$292K |
|
|
IMPV
604
DELISTED
Imperva, Inc.
IMPV
| $1.54M | ﹤0.01% |
27,656
-304
| -1% | -$17.5K |
|
605
Alcoa
AA
$11.3B
| $1.51M | ﹤0.01% |
48,851
+22,724
| +87% | +$632K |
|
|
LUX
606
DELISTED
Luxottica Group
LUX
| $1.51M | ﹤0.01% |
26,180
-965,008
| -97% | -$51.7M |
|
607
Plexus
PLXS
$6.43B
| $1.51M | ﹤0.01% |
37,628
-342
| -0.9% | -$14K |
|
|
KNL
608
DELISTED
Knoll, Inc.
KNL
| $1.47M | ﹤0.01% |
80,882
-823
| -1% | -$13.6K |
|
609
Essential Utilities
WTRG
$11.5B
| $1.46M | ﹤0.01% |
58,062
-165,954
| -74% | -$4.01M |
|
610
Allegiant Air
ALGT
$2.57B
| $1.42M | ﹤0.01% |
12,672
+2,958
| +30% | +$301K |
|
|
FNGN
611
DELISTED
Financial Engines, Inc.
FNGN
| $1.41M | ﹤0.01% |
27,838
-247
| -0.9% | -$14.9K |
|
|
FLIR
612
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| $1.41M | ﹤0.01% |
39,182
-9,696
| -20% | -$320K |
|
|
URS
613
DELISTED
URS CORP
URS
| $1.39M | ﹤0.01% |
29,446
+6,245
| +27% | +$302K |
|
|
APL
614
DELISTED
ATLAS PIPELINE PARTNERS LP UTS
APL
| $1.38M | ﹤0.01% |
+42,844
| New | +$1.38M |
|
615
Oshkosh
OSK
$8.82B
| $1.29M | ﹤0.01% |
21,958
+13,132
| +149% | +$720K |
|
|
IPHI
616
DELISTED
INPHI CORPORATION
IPHI
| $1.29M | ﹤0.01% |
80,265
-862
| -1% | -$11.6K |
|
617
uniQure
QURE
$2.78B
| $1.24M | ﹤0.01% |
+80,000
| New | +$1.28M |
|
618
ConocoPhillips
COP
$144B
| $1.22M | ﹤0.01% |
+17,315
| New | +$1.16M |
|
|
WPZ
619
DELISTED
Williams Partners L.P.
WPZ
| $1.21M | ﹤0.01% |
+22,280
| New | +$1.18M |
|
|
WFT
620
DELISTED
Weatherford International plc
WFT
| $1.19M | ﹤0.01% |
68,523
+34,025
| +99% | +$521K |
|
621
G-III Apparel Group
GIII
$1.54B
| $1.18M | ﹤0.01% |
32,990
-290
| -0.9% | -$10.2K |
|
622
ArcelorMittal
MT
$49.5B
| $1.16M | ﹤0.01% |
31,512
+17,447
| +124% | +$649K |
|
|
BHI
623
DELISTED
Baker Hughes
BHI
| $1.16M | ﹤0.01% |
17,841
+7,118
| +66% | +$421K |
|
|
CLR
624
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $1.16M | ﹤0.01% |
18,640
+7,906
| +74% | +$451K |
|
|
NGLS
625
DELISTED
TARGA RESOURCES PARTNERS LP COM UTS REPTG LTD PARTERSHIP INT
NGLS
| $1.14M | ﹤0.01% |
+20,343
| New | +$1.08M |
|
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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.