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 | |
|---|---|---|---|---|---|---|
|
OILT
651
DELISTED
OILTANKING PARTNERS L P UIT LTD PARTNERSHIP INT (DE)
OILT
| $1.14M | ﹤0.01% |
24,376
| – | – |
|
|
WAIR
652
DELISTED
WESCO Aircraft Holdings Inc.
WAIR
| $1.1M | ﹤0.01% |
78,571
+57,902
| +280% | +$918K |
|
653
Teekay
TK
$981M
| $1.09M | ﹤0.01% |
21,489
-91,997
| -81% | -$5M |
|
|
GAP
654
The Gap Inc
GAP
$7.28B
| $1.09M | ﹤0.01% |
+25,778
| New | +$1.01M |
|
655
Trex
TREX
$4.57B
| $1.08M | ﹤0.01% |
101,968
+2,724
| +3% | +$27.1K |
|
|
NS
656
DELISTED
NuStar Energy L.P.
NS
| $1.08M | ﹤0.01% |
18,765
| – | – |
|
657
BJ's Restaurants
BJRI
$1.45B
| $1.05M | ﹤0.01% |
+21,004
| New | +$921K |
|
658
Resources Connection
RGP
$136M
| $1.04M | ﹤0.01% |
63,129
+10,002
| +19% | +$151K |
|
659
Owens Corning
OC
$11.5B
| $982K | ﹤0.01% |
27,412
+1,836
| +7% | +$61K |
|
|
NAK
660
Northern Dynasty Minerals
NAK
$812M
| $975K | ﹤0.01% |
2,405,557
-11,592
| -0.5% | -$4.77K |
|
661
NETGEAR
NTGR
$663M
| $938K | ﹤0.01% |
26,358
+13,648
| +107% | +$462K |
|
|
FNGN
662
DELISTED
Financial Engines, Inc.
FNGN
| $927K | ﹤0.01% |
25,361
-2,121
| -8% | -$73.4K |
|
663
D.R. Horton
DHI
$42.3B
| $921K | ﹤0.01% |
36,434
+9,487
| +35% | +$222K |
|
|
EVDY
664
DELISTED
Everyday Health, Inc.
EVDY
| $899K | ﹤0.01% |
+60,950
| New | +$812K |
|
665
Ashland
ASH
$3.11B
| $866K | ﹤0.01% |
+14,778
| New | +$797K |
|
|
APL
666
DELISTED
ATLAS PIPELINE PARTNERS LP UTS
APL
| $851K | ﹤0.01% |
31,221
| – | – |
|
|
WWAV
667
DELISTED
The WhiteWave Foods Company
WWAV
| $835K | ﹤0.01% |
23,862
-1,346
| -5% | -$47.8K |
|
|
ESV
668
DELISTED
Ensco Rowan plc
ESV
| $805K | ﹤0.01% |
6,716
+3,452
| +106% | +$495K |
|
669
Kilroy Realty
KRC
$4.5B
| $777K | ﹤0.01% |
+11,256
| New | +$749K |
|
|
KRA
670
DELISTED
Kraton Corporation
KRA
| $761K | ﹤0.01% |
+36,595
| New | +$672K |
|
|
WES
671
DELISTED
Western Gas Partners Lp
WES
| $747K | ﹤0.01% |
10,228
| – | – |
|
|
BKEP
672
DELISTED
Blueknight Energy Partners L.P.
BKEP
| $745K | ﹤0.01% |
112,041
| – | – |
|
673
Lazard
LAZ
$4.21B
| $744K | ﹤0.01% |
+14,881
| New | +$738K |
|
674
Vitamin Cottage Natural Grocers
NGVC
$744M
| $722K | ﹤0.01% |
25,632
-153
| -0.6% | -$3.18K |
|
|
ESL
675
DELISTED
Esterline Technologies
ESL
| $717K | ﹤0.01% |
+6,536
| New | +$735K |
|
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.