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 | |
|---|---|---|---|---|---|---|
626
Encompass Health
EHC
$11.5B
| $1.4M | ﹤0.01% |
45,730
-62,312
| -58% | -$1.94M |
|
627
Enterprise Products Partners
EPD
$83.6B
| $1.38M | ﹤0.01% |
38,258
+21,274
| +125% | +$787K |
|
628
Euronet Worldwide
EEFT
$3.15B
| $1.38M | ﹤0.01% |
25,069
-437
| -2% | -$23.3K |
|
|
IMPV
629
DELISTED
Imperva, Inc.
IMPV
| $1.36M | ﹤0.01% |
27,435
-13,073
| -32% | -$523K |
|
630
WSFS Financial
WSFS
$4.2B
| $1.31M | ﹤0.01% |
51,225
-1,458
| -3% | -$36.8K |
|
|
IPHI
631
DELISTED
INPHI CORPORATION
IPHI
| $1.31M | ﹤0.01% |
70,844
-10,333
| -13% | -$151K |
|
|
RGP
632
DELISTED
REGENCY ENERGY PARTNERS LP COMMON UTS REP LIMITED PART INTS
RGP
| $1.3M | ﹤0.01% |
54,317
-35,142
| -39% | -$995K |
|
633
Chefs' Warehouse
CHEF
$4.09B
| $1.3M | ﹤0.01% |
56,412
-336
| -0.6% | -$5.92K |
|
634
Nordson
NDSN
$16.9B
| $1.28M | ﹤0.01% |
16,463
-1,108
| -6% | -$84.1K |
|
635
McEwen Inc
MUX
$1.03B
| $1.28M | ﹤0.01% |
115,181
-509,952
| -82% | -$7.15M |
|
636
PUT
iShares Biotechnology ETF
IBB
$9.55B
| $1.27M | ﹤0.01% |
+12,612
| New | +$1.23M |
|
|
DCP
637
DELISTED
DCP Midstream, LP
DCP
| $1.27M | ﹤0.01% |
27,973
+9,414
| +51% | +$471K |
|
638
Extra Space Storage
EXR
$32.2B
| $1.27M | ﹤0.01% |
21,612
-1,629
| -7% | -$93.3K |
|
639
Celanese
CE
$4.77B
| $1.26M | ﹤0.01% |
21,036
+11,382
| +118% | +$665K |
|
640
Bloomin' Brands
BLMN
$736M
| $1.26M | ﹤0.01% |
50,848
-90,697
| -64% | -$1.91M |
|
|
WBMD
641
DELISTED
WebMD Health Corp.
WBMD
| $1.24M | ﹤0.01% |
31,396
-206,575
| -87% | -$7.93M |
|
|
FL
642
DELISTED
Foot Locker
FL
| $1.24M | ﹤0.01% |
22,063
-1,760
| -7% | -$97.7K |
|
643
ITT
ITT
$17.8B
| $1.23M | ﹤0.01% |
30,458
-18,730
| -38% | -$783K |
|
644
Oshkosh
OSK
$9.51B
| $1.23M | ﹤0.01% |
25,236
-6,010
| -19% | -$273K |
|
645
InspireMD
NSPR
$32.1M
| – | – |
0
| – | – |
|
646
Home BancShares
HOMB
$6.31B
| $1.21M | ﹤0.01% |
74,924
-15,658
| -17% | -$243K |
|
|
RRMS
647
DELISTED
ROSE ROCK MIDSTREAM L P COM UNIT REPSTG LTD (DE)
RRMS
| $1.2M | ﹤0.01% |
26,294
| – | – |
|
648
Tenaris
TS
$28.1B
| $1.19M | ﹤0.01% |
+39,411
| New | +$1.41M |
|
|
FNSR
649
DELISTED
Finisar Corp
FNSR
| $1.17M | ﹤0.01% |
60,504
-44,439
| -42% | -$762K |
|
650
Iron Mountain
IRM
$37.4B
| $1.16M | ﹤0.01% |
+29,963
| New | +$1.09M |
|
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.