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 | 17.54% |
| 2 | Consumer Discretionary | 15.06% |
| 3 | Technology | 11.56% |
| 4 | Energy | 11.06% |
| 5 | Communication Services | 9.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
WBA
651
DELISTED
Walgreens Boots Alliance
WBA
| $583K | ﹤0.01% |
+10,828
| New | +$544K |
|
652
Abercrombie & Fitch
ANF
$6.59B
| $580K | ﹤0.01% |
16,389
+10,247
| +167% | +$453K |
|
653
Williams-Sonoma
WSM
$27.7B
| $561K | ﹤0.01% |
19,978
+9,698
| +94% | +$281K |
|
654
Renasant Corp
RNST
$3.76B
| $547K | ﹤0.01% |
20,115
+222
| +1% | +$5.89K |
|
|
NE
655
DELISTED
Noble Corporation
NE
| $541K | ﹤0.01% |
16,382
-14,045
| -46% | -$477K |
|
|
SF
656
Stifel
SF
$12.3B
| $538K | ﹤0.01% |
29,360
-100,366
| -77% | -$1.75M |
|
657
Casey's General Stores
CASY
$28B
| $537K | ﹤0.01% |
7,301
+80
| +1% | +$5.43K |
|
|
DCT
658
DELISTED
DCT Industrial Trust Inc.
DCT
| $530K | ﹤0.01% |
18,415
-288
| -2% | -$8.38K |
|
|
DRIV
659
DELISTED
DIGITAL RIVER INC.
DRIV
| $524K | ﹤0.01% |
29,323
+325
| +1% | +$5.87K |
|
|
BLOX
660
DELISTED
Infoblox Inc
BLOX
| $514K | ﹤0.01% |
12,287
-191
| -2% | -$6.64K |
|
661
Boston Beer
SAM
$1.88B
| $511K | ﹤0.01% |
2,091
+23
| +1% | +$4.76K |
|
662
FTI Consulting
FCN
$4.25B
| $508K | ﹤0.01% |
13,440
-795,510
| -98% | -$28.2M |
|
663
Trex
TREX
$4.66B
| $476K | ﹤0.01% |
76,824
+840
| +1% | +$4.89K |
|
664
First Interstate BancSystem
FIBK
$3.53B
| $470K | ﹤0.01% |
19,474
+215
| +1% | +$5.04K |
|
|
TXI
665
DELISTED
TEXAS INDUSTRIES INC
TXI
| $465K | ﹤0.01% |
+7,020
| New | +$441K |
|
666
Oshkosh
OSK
$9.51B
| $445K | ﹤0.01% |
9,095
-711
| -7% | -$31.6K |
|
667
Agnico Eagle Mines
AEM
$104B
| $438K | ﹤0.01% |
16,560
-10,824
| -40% | -$309K |
|
|
ANN
668
DELISTED
ANN INC
ANN
| $429K | ﹤0.01% |
11,852
-20,129
| -63% | -$688K |
|
|
QLGC
669
DELISTED
QLOGIC CORP
QLGC
| $419K | ﹤0.01% |
38,332
+7,052
| +23% | +$77.6K |
|
670
Omnicell
OMCL
$1.51B
| $417K | ﹤0.01% |
17,602
+192
| +1% | +$4.28K |
|
|
PRO
671
DELISTED
PROS Holdings
PRO
| $404K | ﹤0.01% |
11,816
+133
| +1% | +$4.31K |
|
672
Insperity
NSP
$2.04B
| $387K | ﹤0.01% |
20,572
-41,334
| -67% | -$698K |
|
|
HBI
673
DELISTED
Hanesbrands
HBI
| $381K | ﹤0.01% |
24,436
+2,184
| +10% | +$32.5K |
|
|
P
674
DELISTED
Pandora Media Inc
P
| $379K | ﹤0.01% |
+15,094
| New | +$309K |
|
675
Encompass Health
EHC
$11.9B
| $365K | ﹤0.01% |
+13,318
| New | +$342K |
|
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 $3.56B 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 18% 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: 7,886,544 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.