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 |
SLB Ltd
SLB
|
+$461M |
| 2 |
Qualcomm
QCOM
|
+$450M |
| 3 |
Marriott International
MAR
|
+$341M |
| 4 |
TIF
Tiffany & Co.
TIF
|
+$283M |
| 5 |
NRG Energy
NRG
|
+$207M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AGN
Allergan Inc
AGN
|
+$962M |
| 2 |
ESRX
Express Scripts Holding Company
ESRX
|
+$551M |
| 3 |
WFM
Whole Foods Market Inc
WFM
|
+$510M |
| 4 |
Goldman Sachs
GS
|
+$478M |
| 5 |
Estee Lauder
EL
|
+$329M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 17.96% |
| 2 | Consumer Discretionary | 14.17% |
| 3 | Communication Services | 11.56% |
| 4 | Technology | 11.12% |
| 5 | Energy | 10.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
601
NGL Energy Partners
NGL
$1.94B
| $1.46M | ﹤0.01% |
33,762
+4,488
| +15% | +$180K |
|
602
Nordson
NDSN
$16.5B
| $1.43M | ﹤0.01% |
17,810
-12,348
| -41% | -$950K |
|
603
RLI Corp
RLI
$5.68B
| $1.42M | ﹤0.01% |
61,860
+33,884
| +121% | +$749K |
|
604
Target
TGT
$62.1B
| $1.41M | ﹤0.01% |
+24,358
| New | +$1.43M |
|
|
ARAV
605
DELISTED
Aravive, Inc. Common Stock
ARAV
| $1.4M | ﹤0.01% |
+8,344
| New | +$1.44M |
|
|
KNL
606
DELISTED
Knoll, Inc.
KNL
| $1.4M | ﹤0.01% |
80,894
+12
| +0% | +$211 |
|
607
Sunoco
SUN
$14.2B
| $1.38M | ﹤0.01% |
29,482
+14,305
| +94% | +$610K |
|
608
USA Compression Partners
USAC
$3.82B
| $1.37M | ﹤0.01% |
53,301
+14,899
| +39% | +$388K |
|
|
FLIR
609
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| $1.36M | ﹤0.01% |
39,178
-4
| -0% | -$140 |
|
610
Watts Water Technologies
WTS
$11.5B
| $1.33M | ﹤0.01% |
21,625
-6,667
| -24% | -$383K |
|
611
ConocoPhillips
COP
$147B
| $1.32M | ﹤0.01% |
15,455
-1,860
| -11% | -$145K |
|
612
Norfolk Southern
NSC
$78.8B
| $1.32M | ﹤0.01% |
12,865
-26,481
| -67% | -$2.6M |
|
|
PBFX
613
DELISTED
PBF LOGISTICS LP
PBFX
| $1.31M | ﹤0.01% |
+47,545
| New | +$1.31M |
|
|
CLR
614
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $1.3M | ﹤0.01% |
16,520
-2,120
| -11% | -$147K |
|
|
NS
615
DELISTED
NuStar Energy L.P.
NS
| $1.29M | ﹤0.01% |
20,770
+10,746
| +107% | +$624K |
|
|
RRMS
616
DELISTED
ROSE ROCK MIDSTREAM L P COM UNIT REPSTG LTD (DE)
RRMS
| $1.28M | ﹤0.01% |
23,459
+2,931
| +14% | +$131K |
|
|
FNGN
617
DELISTED
Financial Engines, Inc.
FNGN
| $1.26M | ﹤0.01% |
27,837
-1
| -0% | -$45 |
|
618
Extra Space Storage
EXR
$31.2B
| $1.25M | ﹤0.01% |
23,555
-768,967
| -97% | -$39.6M |
|
|
ETP
619
DELISTED
Energy Transfer Partners L.p.
ETP
| $1.25M | ﹤0.01% |
21,498
+3,116
| +17% | +$175K |
|
620
Euronet Worldwide
EEFT
$3.02B
| $1.22M | ﹤0.01% |
25,283
+558
| +2% | +$25.4K |
|
|
CMLP
621
DELISTED
CRESTWOOD MIDSTREAM PARTNERS LP NEW UTS REP LTD PRT INT (DE)
CMLP
| $1.22M | ﹤0.01% |
55,078
+11,757
| +27% | +$263K |
|
622
WSFS Financial
WSFS
$4.1B
| $1.21M | ﹤0.01% |
49,275
-172,113
| -78% | -$4M |
|
|
WCG
623
DELISTED
Wellcare Health Plans, Inc.
WCG
| $1.2M | ﹤0.01% |
16,019
-11,901
| -43% | -$849K |
|
|
IPHI
624
DELISTED
INPHI CORPORATION
IPHI
| $1.19M | ﹤0.01% |
81,133
+868
| +1% | +$13.1K |
|
|
BHI
625
DELISTED
Baker Hughes
BHI
| $1.18M | ﹤0.01% |
15,811
-2,030
| -11% | -$141K |
|
Similar funds
Jennison Associates's Q2 2014 Portfolio in Review
As of Q2 2014, Jennison Associates held 796 positions worth $109B, up 4.1% from $105B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Jennison Associates's Q2 2014 filing shows 64 new, 297 increased, 319 reduced and 90 closed positions. Its largest new stake was Qualcomm: 5,657,444 shares worth $448M. The largest sale was Allergan Inc, an estimated $962M.
By sector, the portfolio is most concentrated in Healthcare at 18% of assets, down from 20% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q2 2014 buy was Qualcomm: 5,657,444 shares worth $448M.
- Jennison Associates added most to SLB Ltd in Q2 2014, an estimated $461M increase.
- Jennison Associates's biggest Q2 2014 reduction was Allergan Inc, cutting an estimated $962M.
- Jennison Associates fully exited Estee Lauder in Q2 2014, selling an estimated $329M.
- Jennison Associates's ten largest holdings make up 19% of its $109B portfolio in Q2 2014.
- Jennison Associates opened 64 new positions and closed 90 in Q2 2014.
- Jennison Associates's portfolio value rose 4.1% quarter-over-quarter to $109B.
Based on Jennison Associates's 13F filing for Q2 2014, filed 8 Aug 2014.