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 |
Capri Holdings
CPRI
|
+$448M |
| 2 |
MJN
Mead Johnson Nutrition Company
MJN
|
+$248M |
| 3 |
AGN
Allergan Inc
AGN
|
+$240M |
| 4 |
Apple
AAPL
|
+$223M |
| 5 |
ESRX
Express Scripts Holding Company
ESRX
|
+$156M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
IBM
IBM
|
+$677M |
| 2 |
Intuitive Surgical
ISRG
|
+$501M |
| 3 |
BRCM
BROADCOM CORP CL-A
BRCM
|
+$476M |
| 4 |
Crown Castle
CCI
|
+$365M |
| 5 |
Ralph Lauren
RL
|
+$336M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 17.28% |
| 2 | Consumer Discretionary | 14.62% |
| 3 | Technology | 10.39% |
| 4 | Communication Services | 9.8% |
| 5 | Energy | 9.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
626
Angi Inc
ANGI
$247M
| $837K | ﹤0.01% |
3,722
+1,127
| +43% | +$262K |
|
|
STR
627
DELISTED
QUESTAR CORP
STR
| $800K | ﹤0.01% |
35,561
-1,432,693
| -98% | -$33.1M |
|
628
Generac Holdings
GNRC
$11.5B
| $785K | ﹤0.01% |
18,405
+203
| +1% | +$8.42K |
|
629
Jefferies Financial Group
JEF
$12.7B
| $783K | ﹤0.01% |
32,119
-65,977
| -67% | -$1.58M |
|
|
RDS.A
630
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $782K | ﹤0.01% |
11,900
-1,120,215
| -99% | -$73.3M |
|
631
Gen Digital
GEN
$16.5B
| $773K | ﹤0.01% |
+31,235
| New | +$784K |
|
|
FNSR
632
DELISTED
Finisar Corp
FNSR
| $769K | ﹤0.01% |
33,961
-33,757
| -50% | -$696K |
|
633
Danaher
DHR
$138B
| $766K | ﹤0.01% |
+16,449
| New | +$746K |
|
634
Resources Connection
RGP
$140M
| $762K | ﹤0.01% |
56,163
+602
| +1% | +$7.89K |
|
635
Post Holdings
POST
$4.42B
| $739K | ﹤0.01% |
27,958
+309
| +1% | +$9.02K |
|
|
RKT
636
DELISTED
ROCK-TENN COMPANY CL-A
RKT
| $722K | ﹤0.01% |
+14,250
| New | +$796K |
|
637
Enovis
ENOV
$1.74B
| $701K | ﹤0.01% |
7,213
-114
| -2% | -$10.5K |
|
|
BECN
638
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $698K | ﹤0.01% |
18,933
+203
| +1% | +$7.75K |
|
|
CVD
639
DELISTED
COVANCE INC.
CVD
| $692K | ﹤0.01% |
8,005
-126
| -2% | -$10.4K |
|
640
Extra Space Storage
EXR
$32.3B
| $690K | ﹤0.01% |
15,075
-11,201
| -43% | -$485K |
|
|
WAIR
641
DELISTED
WESCO Aircraft Holdings Inc.
WAIR
| $658K | ﹤0.01% |
+31,435
| New | +$619K |
|
642
Domino's
DPZ
$11.9B
| $651K | ﹤0.01% |
+9,586
| New | +$606K |
|
643
Lennar Class A
LEN
$20.4B
| $632K | ﹤0.01% |
18,749
-45,686
| -71% | -$1.48M |
|
644
Fulton Financial
FULT
$4.68B
| $628K | ﹤0.01% |
53,803
+21,040
| +64% | +$257K |
|
645
Robert Half
RHI
$4.11B
| $627K | ﹤0.01% |
+16,076
| New | +$592K |
|
646
A.O. Smith
AOS
$8.55B
| $624K | ﹤0.01% |
27,620
-30,344
| -52% | -$635K |
|
647
SPS Commerce
SPSC
$2.55B
| $616K | ﹤0.01% |
18,402
+196
| +1% | +$6.24K |
|
648
Tenaris
TS
$28.2B
| $602K | ﹤0.01% |
12,860
-26,188
| -67% | -$1.19M |
|
649
Option Care Health
OPCH
$3.76B
| $587K | ﹤0.01% |
16,720
+1,669
| +11% | +$91.7K |
|
|
ARTC
650
DELISTED
ARTHROCARE CORP
ARTC
| $587K | ﹤0.01% |
16,502
+173
| +1% | +$6.04K |
|
Similar funds
Jennison Associates's Q3 2013 Portfolio in Review
As of Q3 2013, Jennison Associates held 756 positions worth $95.4B, up 7.3% from $88.9B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Jennison Associates withdrew a net $3.46B in Q3 2013, closing 76 positions and reducing 326 holdings. Its most notable exit was Intuitive Surgical, an estimated $501M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 17% of assets, down from 18% a quarter earlier, followed by Consumer Discretionary and Technology.
Against the trend, Jennison Associates opened a new position in Under Armour worth $157M.
- Jennison Associates's largest Q3 2013 buy was Under Armour: 7,942,523 shares worth $157M.
- Jennison Associates added most to Capri Holdings in Q3 2013, an estimated $448M increase.
- Jennison Associates's biggest Q3 2013 reduction was IBM, cutting an estimated $677M.
- Jennison Associates fully exited Intuitive Surgical in Q3 2013, selling an estimated $501M.
- Jennison Associates's ten largest holdings make up 19% of its $95.4B portfolio in Q3 2013.
- Jennison Associates opened 84 new positions and closed 76 in Q3 2013.
- Jennison Associates's portfolio value rose 7.3% quarter-over-quarter to $95.4B.
Based on Jennison Associates's 13F filing for Q3 2013, filed 13 Nov 2013.