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 |
SLB Ltd
SLB
|
+$461M |
| 2 |
Qualcomm
QCOM
|
+$450M |
| 3 |
Marriott International
MAR
|
+$341M |
| 4 |
TIF
Tiffany & Co.
TIF
|
+$283M |
| 5 |
NRG Energy
NRG
|
+$207M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AGN
Allergan Inc
AGN
|
+$962M |
| 2 |
ESRX
Express Scripts Holding Company
ESRX
|
+$551M |
| 3 |
WFM
Whole Foods Market Inc
WFM
|
+$510M |
| 4 |
Goldman Sachs
GS
|
+$478M |
| 5 |
Estee Lauder
EL
|
+$329M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 17.96% |
| 2 | Consumer Discretionary | 14.17% |
| 3 | Communication Services | 11.56% |
| 4 | Technology | 11.12% |
| 5 | Energy | 10.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
651
Vitamin Cottage Natural Grocers
NGVC
$691M
| $888K | ﹤0.01% |
+41,495
| New | +$1.14M |
|
652
Align Technology
ALGN
$12B
| $886K | ﹤0.01% |
15,818
+792
| +5% | +$41.2K |
|
|
ENLK
653
DELISTED
EnLink Midstream Partners, LP
ENLK
| $853K | ﹤0.01% |
27,132
-6,273
| -19% | -$192K |
|
|
CTRA
654
DELISTED
Coterra Energy
CTRA
| $850K | ﹤0.01% |
24,888
-3,192
| -11% | -$114K |
|
655
NETGEAR
NTGR
$669M
| $819K | ﹤0.01% |
23,542
-1,441
| -6% | -$48K |
|
|
RDS.A
656
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $812K | ﹤0.01% |
9,855
-1,266
| -11% | -$99K |
|
|
WNRL
657
DELISTED
Western Refining Logistics, LP
WNRL
| $812K | ﹤0.01% |
24,812
+2,769
| +13% | +$91.5K |
|
|
PRXL
658
DELISTED
Parexel International Corp
PRXL
| $805K | ﹤0.01% |
15,234
-1,344
| -8% | -$67.4K |
|
|
APOL
659
DELISTED
Apollo Education Group Inc Class A
APOL
| $722K | ﹤0.01% |
23,112
+7,276
| +46% | +$209K |
|
660
Resources Connection
RGP
$129M
| $720K | ﹤0.01% |
54,951
-16
| -0% | -$208 |
|
661
Enterprise Products Partners
EPD
$83.8B
| $690K | ﹤0.01% |
17,630
-5,912
| -25% | -$218K |
|
662
Shutterstock
SSTK
$205M
| $681K | ﹤0.01% |
8,206
+3,073
| +60% | +$223K |
|
|
DCP
663
DELISTED
DCP Midstream, LP
DCP
| $675K | ﹤0.01% |
11,842
-4,202
| -26% | -$227K |
|
664
Group 1 Automotive
GPI
$3.94B
| $673K | ﹤0.01% |
7,986
-5,117
| -39% | -$382K |
|
|
WES
665
DELISTED
Western Gas Partners Lp
WES
| $661K | ﹤0.01% |
8,645
+400
| +5% | +$28.3K |
|
666
State Street Energy Select Sector SPDR ETF
XLE
$39.7B
| $657K | ﹤0.01% |
+13,132
| New | +$622K |
|
|
ANDX
667
DELISTED
Andeavor Logistics LP
ANDX
| $649K | ﹤0.01% |
8,844
+2,069
| +31% | +$140K |
|
|
NAVG
668
DELISTED
Navigators Group Inc
NAVG
| $635K | ﹤0.01% |
18,944
-4
| -0% | -$123 |
|
|
SDRL
669
DELISTED
Seadrill Limited Common Stock
SDRL
| $625K | ﹤0.01% |
58
-302
| -84% | -$2.95M |
|
670
Kroger
KR
$34.8B
| $615K | ﹤0.01% |
24,894
-133,532
| -84% | -$3.11M |
|
671
Packaging Corp of America
PKG
$22.7B
| $614K | ﹤0.01% |
+8,588
| New | +$590K |
|
672
PACCAR
PCAR
$69.6B
| $589K | ﹤0.01% |
+14,067
| New | +$601K |
|
673
Newmont
NEM
$98.2B
| $577K | ﹤0.01% |
22,694
-2,911
| -11% | -$70.1K |
|
674
Whirlpool
WHR
$2.42B
| $576K | ﹤0.01% |
4,139
-18,289
| -82% | -$2.68M |
|
675
West Pharmaceutical
WST
$23.1B
| $576K | ﹤0.01% |
13,662
-2
| -0% | -$86 |
|
Similar funds
Jennison Associates's Q2 2014 Portfolio in Review
As of Q2 2014, Jennison Associates held 796 positions worth $109B, up 4.1% from $105B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Jennison Associates's Q2 2014 filing shows 64 new, 297 increased, 319 reduced and 90 closed positions. Its largest new stake was Qualcomm: 5,657,444 shares worth $448M. The largest sale was Allergan Inc, an estimated $962M.
By sector, the portfolio is most concentrated in Healthcare at 18% of assets, down from 20% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q2 2014 buy was Qualcomm: 5,657,444 shares worth $448M.
- Jennison Associates added most to SLB Ltd in Q2 2014, an estimated $461M increase.
- Jennison Associates's biggest Q2 2014 reduction was Allergan Inc, cutting an estimated $962M.
- Jennison Associates fully exited Estee Lauder in Q2 2014, selling an estimated $329M.
- Jennison Associates's ten largest holdings make up 19% of its $109B portfolio in Q2 2014.
- Jennison Associates opened 64 new positions and closed 90 in Q2 2014.
- Jennison Associates's portfolio value rose 4.1% quarter-over-quarter to $109B.
Based on Jennison Associates's 13F filing for Q2 2014, filed 8 Aug 2014.