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 | 18.29% |
| 2 | Consumer Discretionary | 15.4% |
| 3 | Communication Services | 11.3% |
| 4 | Technology | 10.76% |
| 5 | Energy | 10.51% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
651
ArcelorMittal
MT
$56.1B
| $574K | ﹤0.01% |
14,065
-22,742
| -62% | -$846K |
|
652
J.M. Smucker
SJM
$14.1B
| $569K | ﹤0.01% |
+5,492
| New | +$582K |
|
|
FNFG
653
DELISTED
FIRST NIAGARA FINANCIAL GROUP INC
FNFG
| $567K | ﹤0.01% |
+53,370
| New | +$579K |
|
654
Williams-Sonoma
WSM
$27.7B
| $565K | ﹤0.01% |
19,386
-592
| -3% | -$16.6K |
|
655
First Interstate BancSystem
FIBK
$3.53B
| $546K | ﹤0.01% |
19,230
-244
| -1% | -$6.33K |
|
|
CHK
656
DELISTED
Chesapeake Energy Corporation
CHK
| $543K | ﹤0.01% |
+106
| New | +$538K |
|
657
EQT Corp
EQT
$34.1B
| $539K | ﹤0.01% |
11,029
-13,995
| -56% | -$661K |
|
658
FTI Consulting
FCN
$4.25B
| $537K | ﹤0.01% |
13,041
-399
| -3% | -$16.6K |
|
|
TRLA
659
DELISTED
TRULIA INC (DEL)
TRLA
| $537K | ﹤0.01% |
+15,222
| New | +$577K |
|
|
DRIV
660
DELISTED
DIGITAL RIVER INC.
DRIV
| $536K | ﹤0.01% |
28,957
-366
| -1% | -$6.54K |
|
|
WFT
661
DELISTED
Weatherford International plc
WFT
| $534K | ﹤0.01% |
34,498
-42,208
| -55% | -$671K |
|
662
Abercrombie & Fitch
ANF
$6.59B
| $523K | ﹤0.01% |
15,903
-486
| -3% | -$16.8K |
|
663
APA Corp
APA
$14.9B
| $518K | ﹤0.01% |
6,030
-7,378
| -55% | -$657K |
|
|
CTRA
664
DELISTED
Coterra Energy
CTRA
| $518K | ﹤0.01% |
13,373
-18,792
| -58% | -$671K |
|
|
DCT
665
DELISTED
DCT Industrial Trust Inc.
DCT
| $510K | ﹤0.01% |
17,868
-547
| -3% | -$16.2K |
|
666
Casey's General Stores
CASY
$28B
| $507K | ﹤0.01% |
7,211
-90
| -1% | -$6.59K |
|
667
Align Technology
ALGN
$11.2B
| $503K | ﹤0.01% |
+8,800
| New | +$474K |
|
668
Boston Beer
SAM
$1.88B
| $499K | ﹤0.01% |
2,065
-26
| -1% | -$6.24K |
|
669
Option Care Health
OPCH
$3.58B
| $489K | ﹤0.01% |
16,512
-208
| -1% | -$5.88K |
|
670
Murphy Oil
MUR
$5.11B
| $482K | ﹤0.01% |
7,424
-9,085
| -55% | -$570K |
|
|
TXI
671
DELISTED
TEXAS INDUSTRIES INC
TXI
| $477K | ﹤0.01% |
6,933
-87
| -1% | -$5.11K |
|
|
PRO
672
DELISTED
PROS Holdings
PRO
| $465K | ﹤0.01% |
11,665
-151
| -1% | -$5.42K |
|
|
QLGC
673
DELISTED
QLOGIC CORP
QLGC
| $448K | ﹤0.01% |
37,848
-484
| -1% | -$5.64K |
|
674
Oceaneering
OII
$5.04B
| $446K | ﹤0.01% |
+5,654
| New | +$459K |
|
675
Oshkosh
OSK
$9.51B
| $445K | ﹤0.01% |
8,826
-269
| -3% | -$13.4K |
|
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 18% 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.