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 | |
|---|---|---|---|---|---|---|
626
DHI Group
DHX
$177M
| $737K | ﹤0.01% |
101,608
-1,291
| -1% | -$9.9K |
|
627
A.O. Smith
AOS
$8.55B
| $723K | ﹤0.01% |
26,802
-818
| -3% | -$21K |
|
628
Wolverine World Wide
WWW
$1.68B
| $716K | ﹤0.01% |
+21,081
| New | +$651K |
|
629
Illinois Tool Works
ITW
$84.1B
| $692K | ﹤0.01% |
8,234
-36,678
| -82% | -$2.89M |
|
630
Lowe's Companies
LOW
$121B
| $687K | ﹤0.01% |
+13,873
| New | +$674K |
|
|
FRAN
631
DELISTED
Francesca's Holdings Corporation
FRAN
| $683K | ﹤0.01% |
+3,093
| New | +$674K |
|
632
D.R. Horton
DHI
$41.2B
| $682K | ﹤0.01% |
30,573
-48,453
| -61% | -$936K |
|
633
West Pharmaceutical
WST
$23.7B
| $679K | ﹤0.01% |
13,842
-8,174
| -37% | -$383K |
|
634
Whirlpool
WHR
$2.49B
| $672K | ﹤0.01% |
+4,286
| New | +$628K |
|
635
Alcoa
AA
$11.3B
| $667K | ﹤0.01% |
26,127
-31,968
| -55% | -$709K |
|
|
WCG
636
DELISTED
Wellcare Health Plans, Inc.
WCG
| $665K | ﹤0.01% |
+9,450
| New | +$660K |
|
|
ARTC
637
DELISTED
ARTHROCARE CORP
ARTC
| $656K | ﹤0.01% |
16,294
-208
| -1% | -$7.71K |
|
638
Robert Half
RHI
$4.11B
| $655K | ﹤0.01% |
15,599
-477
| -3% | -$18.8K |
|
639
Domino's
DPZ
$11.9B
| $648K | ﹤0.01% |
9,302
-284
| -3% | -$19.4K |
|
|
TGI
640
DELISTED
Triumph Group
TGI
| $627K | ﹤0.01% |
8,246
-4,434
| -35% | -$322K |
|
641
Renasant Corp
RNST
$4.04B
| $625K | ﹤0.01% |
19,864
-251
| -1% | -$7.34K |
|
|
SF
642
Stifel
SF
$12.4B
| $617K | ﹤0.01% |
28,982
-378
| -1% | -$7.26K |
|
643
Extra Space Storage
EXR
$32.3B
| $616K | ﹤0.01% |
14,628
-447
| -3% | -$19.7K |
|
|
SREV
644
DELISTED
ServiceSource International, Inc.
SREV
| $605K | ﹤0.01% |
72,243
-38,930
| -35% | -$391K |
|
|
CLR
645
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $604K | ﹤0.01% |
10,734
-13,132
| -55% | -$734K |
|
|
NAVG
646
DELISTED
Navigators Group Inc
NAVG
| $604K | ﹤0.01% |
19,122
-10,584
| -36% | -$318K |
|
647
SPS Commerce
SPSC
$2.55B
| $593K | ﹤0.01% |
18,170
-232
| -1% | -$7.89K |
|
|
BHI
648
DELISTED
Baker Hughes
BHI
| $593K | ﹤0.01% |
10,723
-13,121
| -55% | -$719K |
|
649
Applied Materials
AMAT
$347B
| $585K | ﹤0.01% |
+33,078
| New | +$576K |
|
650
Nucor
NUE
$58.3B
| $577K | ﹤0.01% |
10,806
-13,223
| -55% | -$682K |
|
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.