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 | 18.84% |
| 2 | Consumer Discretionary | 15.22% |
| 3 | Communication Services | 13.03% |
| 4 | Technology | 11.99% |
| 5 | Energy | 11.74% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
O'Reilly Automotive
ORLY
$71.6B
| $650M | 0.6% |
64,823,940
+11,934,480
| +23% | +$122M |
|
52
SBA Communications
SBAC
$20.3B
| $633M | 0.59% |
5,709,102
-642,158
| -10% | -$69.4M |
|
53
Chipotle Mexican Grill
CMG
$48.1B
| $628M | 0.58% |
47,085,000
-1,573,000
| -3% | -$20.6M |
|
54
Capri Holdings
CPRI
$1.53B
| $625M | 0.58% |
8,755,327
-1,779,795
| -17% | -$143M |
|
|
NBL
55
DELISTED
Noble Energy, Inc.
NBL
| $594M | 0.55% |
8,689,827
-7,128
| -0.1% | -$507K |
|
56
Workday
WDAY
$49.3B
| $590M | 0.55% |
7,147,767
-50,976
| -0.7% | -$4.35M |
|
57
Corpay
CPAY
$26.8B
| $577M | 0.54% |
4,062,548
+567,126
| +16% | +$78.1M |
|
|
APC
58
DELISTED
Anadarko Petroleum
APC
| $499M | 0.46% |
4,914,946
+201,634
| +4% | +$21.7M |
|
59
Halliburton
HAL
$30.1B
| $448M | 0.42% |
6,944,806
+27,351
| +0.4% | +$1.88M |
|
60
BioMarin Pharmaceuticals
BMRN
$12.5B
| $430M | 0.4% |
5,965,888
+618,153
| +12% | +$40.6M |
|
|
MJN
61
DELISTED
Mead Johnson Nutrition Company
MJN
| $413M | 0.38% |
4,292,553
-444,754
| -9% | -$42.1M |
|
62
Goldman Sachs
GS
$301B
| $403M | 0.37% |
2,196,734
-39,627
| -2% | -$6.96M |
|
|
DNKN
63
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $399M | 0.37% |
8,893,907
-2,444,069
| -22% | -$109M |
|
|
CAM
64
DELISTED
CAMERON INTERNATIONAL CORPORATION
CAM
| $374M | 0.35% |
5,628,156
+315,156
| +6% | +$22.3M |
|
65
Incyte
INCY
$25.2B
| $362M | 0.34% |
7,380,012
+263,299
| +4% | +$13.2M |
|
66
Targa Resources
TRGP
$61.7B
| $354M | 0.33% |
2,601,168
-1,191,194
| -31% | -$164M |
|
|
ARMH
67
DELISTED
ARM HOLDINGS PLC ADS
ARMH
| $349M | 0.32% |
7,978,373
-90,490
| -1% | -$4.1M |
|
68
Wells Fargo
WFC
$262B
| $346M | 0.32% |
6,670,727
-560,474
| -8% | -$28.8M |
|
69
Crown Castle
CCI
$32.4B
| $336M | 0.31% |
4,167,108
+346,805
| +9% | +$26.8M |
|
70
MetLife
MET
$61.3B
| $331M | 0.31% |
6,910,124
-42,880
| -0.6% | -$2.08M |
|
71
Carnival Corporation Ltd
CCL
$33.9B
| $328M | 0.3% |
8,172,643
+199,204
| +2% | +$7.54M |
|
72
Marathon Petroleum
MPC
$104B
| $328M | 0.3% |
7,738,756
+961,432
| +14% | +$40.8M |
|
73
Suncor Energy
SU
$76.5B
| $316M | 0.29% |
8,750,506
+591,016
| +7% | +$23.7M |
|
74
NRG Energy
NRG
$23.4B
| $315M | 0.29% |
10,347,630
+1,224,712
| +13% | +$38.2M |
|
|
DNR
75
DELISTED
Denbury Resources, Inc.
DNR
| $313M | 0.29% |
20,824,622
+781,025
| +4% | +$13.1M |
|
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.