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 | |
|---|---|---|---|---|---|---|
601
Oracle
ORCL
$346B
| $1.86M | ﹤0.01% |
+41,282
| New | +$1.68M |
|
|
RVNC
602
DELISTED
Revance Therapeutics, Inc.
RVNC
| $1.85M | ﹤0.01% |
109,125
-190,069
| -64% | -$3.32M |
|
603
APA Corp
APA
$12.3B
| $1.77M | ﹤0.01% |
28,324
+17,322
| +157% | +$1.23M |
|
604
Zumiez
ZUMZ
$347M
| $1.75M | ﹤0.01% |
45,372
+26,127
| +136% | +$893K |
|
|
SMC
605
Summit Midstream
SMC
$412M
| $1.74M | ﹤0.01% |
3,049
+423
| +16% | +$278K |
|
|
WPZ
606
DELISTED
Williams Partners L.P.
WPZ
| $1.69M | ﹤0.01% |
33,170
| – | – |
|
|
RDS.A
607
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $1.68M | ﹤0.01% |
25,151
+15,340
| +156% | +$1.06M |
|
608
Post Holdings
POST
$4.27B
| $1.68M | ﹤0.01% |
+61,328
| New | +$1.51M |
|
609
Meritage Homes
MTH
$4.89B
| $1.65M | ﹤0.01% |
91,462
-7,290
| -7% | -$133K |
|
610
iShares North American Natural Resources ETF
IGE
$726M
| $1.64M | ﹤0.01% |
+42,703
| New | +$1.73M |
|
|
GG
611
DELISTED
Goldcorp Inc
GG
| $1.64M | ﹤0.01% |
88,362
-5,947,128
| -99% | -$122M |
|
612
McDonald's
MCD
$194B
| $1.61M | ﹤0.01% |
+17,212
| New | +$1.61M |
|
613
USA Compression Partners
USAC
$3.75B
| $1.58M | ﹤0.01% |
95,131
+36,757
| +63% | +$764K |
|
|
HNT
614
DELISTED
HEALTH NET INC
HNT
| $1.54M | ﹤0.01% |
28,729
+11,435
| +66% | +$563K |
|
615
Fulton Financial
FULT
$4.73B
| $1.52M | ﹤0.01% |
123,280
-4,746
| -4% | -$55.9K |
|
|
APOL
616
DELISTED
Apollo Education Group Inc Class A
APOL
| $1.51M | ﹤0.01% |
44,421
+9,377
| +27% | +$276K |
|
|
CLR
617
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $1.5M | ﹤0.01% |
39,133
+24,106
| +160% | +$1.19M |
|
618
Cardinal Health
CAH
$54.5B
| $1.48M | ﹤0.01% |
18,350
-13,773
| -43% | -$1.09M |
|
619
PUT
iShares US Healthcare ETF
IYH
$3.46B
| $1.48M | ﹤0.01% |
+51,245
| New | +$1.44M |
|
620
Lennar Class A
LEN
$21.1B
| $1.46M | ﹤0.01% |
34,318
+7,877
| +30% | +$326K |
|
|
BDBD
621
DELISTED
BOULDER BRANDS INC
BDBD
| $1.46M | ﹤0.01% |
132,266
-5,847
| -4% | -$61.7K |
|
622
Compass Minerals
CMP
$1.25B
| $1.44M | ﹤0.01% |
+16,625
| New | +$1.43M |
|
|
LUX
623
DELISTED
Luxottica Group
LUX
| $1.44M | ﹤0.01% |
26,519
+127
| +0.5% | +$6.54K |
|
|
ENBL
624
DELISTED
ENABLE MIDSTREAM PARTNERS, LP
ENBL
| $1.43M | ﹤0.01% |
73,873
+4,950
| +7% | +$109K |
|
|
MMP
625
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $1.4M | ﹤0.01% |
16,939
+8,366
| +98% | +$684K |
|
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.