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 |
Alibaba
BABA
|
+$821M |
| 2 |
AGN
Allergan plc
AGN
|
+$444M |
| 3 |
Apple
AAPL
|
+$304M |
| 4 |
TWTR
Twitter, Inc.
TWTR
|
+$301M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$251M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
RTX Corp
RTX
|
+$839M |
| 2 |
Las Vegas Sands
LVS
|
+$405M |
| 3 |
Qualcomm
QCOM
|
+$402M |
| 4 |
Warner Bros
WBD
|
+$400M |
| 5 |
Perrigo
PRGO
|
+$357M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 18.61% |
| 2 | Consumer Discretionary | 14.39% |
| 3 | Communication Services | 12.98% |
| 4 | Technology | 11.5% |
| 5 | Energy | 10.05% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
651
Nucor
NUE
$59.4B
| $981K | ﹤0.01% |
18,079
-380
| -2% | -$20K |
|
652
Lennar Class A
LEN
$20.9B
| $977K | ﹤0.01% |
+26,441
| New | +$981K |
|
|
CHK
653
DELISTED
Chesapeake Energy Corporation
CHK
| $977K | ﹤0.01% |
212
+20
| +10% | +$105K |
|
|
ARAV
654
DELISTED
Aravive, Inc. Common Stock
ARAV
| $952K | ﹤0.01% |
8,356
+12
| +0.1% | +$1.59K |
|
|
FNGN
655
DELISTED
Financial Engines, Inc.
FNGN
| $940K | ﹤0.01% |
27,482
-355
| -1% | -$13.1K |
|
656
Penske Automotive Group
PAG
$14.6B
| $936K | ﹤0.01% |
23,052
-22,240
| -49% | -$1.04M |
|
657
Chefs' Warehouse
CHEF
$4.43B
| $923K | ﹤0.01% |
56,748
-722
| -1% | -$12.8K |
|
|
BKEP
658
DELISTED
Blueknight Energy Partners L.P.
BKEP
| $923K | ﹤0.01% |
+112,041
| New | +$967K |
|
|
NSH
659
DELISTED
NuStar GP Holdings LLC
NSH
| $919K | ﹤0.01% |
+21,134
| New | +$890K |
|
|
WWAV
660
DELISTED
The WhiteWave Foods Company
WWAV
| $916K | ﹤0.01% |
+25,208
| New | +$842K |
|
|
APOL
661
DELISTED
Apollo Education Group Inc Class A
APOL
| $881K | ﹤0.01% |
35,044
+11,932
| +52% | +$332K |
|
662
ArcelorMittal
MT
$50.1B
| $880K | ﹤0.01% |
28,096
+167
| +0.6% | +$5.55K |
|
663
EQT Corp
EQT
$33.1B
| $858K | ﹤0.01% |
17,209
-327
| -2% | -$17.3K |
|
664
Trex
TREX
$4.39B
| $858K | ﹤0.01% |
99,244
-41,888
| -30% | -$351K |
|
665
Intel
INTC
$424B
| $853K | ﹤0.01% |
24,485
-109,189
| -82% | -$3.7M |
|
|
FRAN
666
DELISTED
Francesca's Holdings Corporation
FRAN
| $815K | ﹤0.01% |
4,876
+1,952
| +67% | +$323K |
|
667
Owens Corning
OC
$10.9B
| $812K | ﹤0.01% |
+25,576
| New | +$903K |
|
|
HNT
668
DELISTED
HEALTH NET INC
HNT
| $797K | ﹤0.01% |
17,294
+5,926
| +52% | +$263K |
|
|
WES
669
DELISTED
Western Gas Partners Lp
WES
| $767K | ﹤0.01% |
10,228
+1,583
| +18% | +$120K |
|
670
Steven Madden
SHOO
$3.13B
| $749K | ﹤0.01% |
+34,865
| New | +$781K |
|
|
RDS.A
671
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $747K | ﹤0.01% |
9,811
-44
| -0.4% | -$3.53K |
|
672
Resources Connection
RGP
$137M
| $741K | ﹤0.01% |
53,127
-1,824
| -3% | -$26.9K |
|
|
MMP
673
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $722K | ﹤0.01% |
8,573
-4,644
| -35% | -$386K |
|
|
DCT
674
DELISTED
DCT Industrial Trust Inc.
DCT
| $720K | ﹤0.01% |
23,958
-10,467
| -30% | -$331K |
|
675
Enterprise Products Partners
EPD
$84.8B
| $684K | ﹤0.01% |
16,984
-646
| -4% | -$25.3K |
|
Similar funds
Jennison Associates's Q3 2014 Portfolio in Review
As of Q3 2014, Jennison Associates held 788 positions worth $108B, down 0.96% from $109B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Jennison Associates's Q3 2014 filing shows 82 new, 334 increased, 281 reduced and 71 closed positions. Its largest new stake was Alibaba: 9,140,584 shares worth $812M. The largest sale was RTX Corp, an estimated $839M.
By sector, the portfolio is most concentrated in Healthcare at 19% of assets, up from 18% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q3 2014 buy was Alibaba: 9,140,584 shares worth $812M.
- Jennison Associates added most to Allergan plc in Q3 2014, an estimated $444M increase.
- Jennison Associates's biggest Q3 2014 reduction was Las Vegas Sands, cutting an estimated $405M.
- Jennison Associates fully exited RTX Corp in Q3 2014, selling an estimated $839M.
- Jennison Associates's ten largest holdings make up 20% of its $108B portfolio in Q3 2014.
- Jennison Associates opened 82 new positions and closed 71 in Q3 2014.
- Jennison Associates's portfolio value fell 0.96% quarter-over-quarter to $108B.
Based on Jennison Associates's 13F filing for Q3 2014, filed 5 Nov 2014.