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 |
Perrigo
PRGO
|
+$672M |
| 2 |
Merck
MRK
|
+$608M |
| 3 |
ICPT
Intercept Pharmaceuticals, Inc.
ICPT
|
+$384M |
| 4 |
Las Vegas Sands
LVS
|
+$378M |
| 5 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$303M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Ralph Lauren
RL
|
+$518M |
| 2 |
eBay
EBAY
|
+$474M |
| 3 |
Estee Lauder
EL
|
+$435M |
| 4 |
Goldman Sachs
GS
|
+$323M |
| 5 |
TechnipFMC
FTI
|
+$304M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 20.03% |
| 2 | Consumer Discretionary | 13.85% |
| 3 | Communication Services | 11.23% |
| 4 | Technology | 10.46% |
| 5 | Energy | 9.31% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
726
Adtran
ADTN
$730M
| $283K | ﹤0.01% |
+11,608
| New | +$299K |
|
|
APU
727
DELISTED
AmeriGas Partners, L.P.
APU
| $277K | ﹤0.01% |
+6,565
| New | +$279K |
|
728
PTC
PTC
$14.7B
| $274K | ﹤0.01% |
+7,737
| New | +$284K |
|
729
Teekay
TK
$981M
| $268K | ﹤0.01% |
+4,761
| New | +$259K |
|
|
XOOM
730
DELISTED
XOOM CORP COM
XOOM
| $212K | ﹤0.01% |
+10,851
| New | +$279K |
|
731
Alamos Gold
AGI
$12.1B
| – | – |
-3,130,870
| Closed | -$37.9M |
|
732
American States Water
AWR
$3.45B
| – | – |
-58,056
| Closed | -$1.67M |
|
733
Bread Financial
BFH
$4.36B
| – | – |
-464,569
| Closed | -$97.5M |
|
734
B&G Foods
BGS
$297M
| – | – |
-11,294
| Closed | -$383K |
|
735
Bausch Health
BHC
$1.69B
| – | – |
-1,229,094
| Closed | -$144M |
|
736
Bank of Hawaii
BOH
$3.16B
| – | – |
-28,990
| Closed | -$1.71M |
|
737
Cummins
CMI
$88.5B
| – | – |
-112,187
| Closed | -$15.8M |
|
738
Copa Holdings
CPA
$5.71B
| – | – |
-115,801
| Closed | -$18.5M |
|
739
Cheniere Energy
CQP
$31B
| – | – |
-7,049
| Closed | -$202K |
|
740
CubeSmart
CUBE
$9.62B
| – | – |
-51,088
| Closed | -$814K |
|
741
Diageo
DEO
$49.4B
| – | – |
-867,722
| Closed | -$115M |
|
742
Quest Diagnostics
DGX
$26B
| – | – |
-55,037
| Closed | -$2.95M |
|
743
DHI Group
DHX
$178M
| – | – |
-101,608
| Closed | -$737K |
|
744
HF Sinclair
DINO
$16.1B
| – | – |
-517,513
| Closed | -$25.7M |
|
745
Dover
DOV
$27.4B
| – | – |
-290,580
| Closed | -$18.8M |
|
746
Domino's
DPZ
$11.6B
| – | – |
-9,302
| Closed | -$648K |
|
|
747
eBay
EBAY
$52.1B
| – | – |
-20,524,242
| Closed | -$474M |
|
748
Exelixis
EXEL
$14.2B
| – | – |
-2,205,478
| Closed | -$13.5M |
|
749
Ford
F
$59.6B
| – | – |
-88,373
| Closed | -$1.36M |
|
|
FFIC
750
DELISTED
Flushing Financial
FFIC
| – | – |
-74,783
| Closed | -$1.55M |
|
Similar funds
Jennison Associates's Q1 2014 Portfolio in Review
As of Q1 2014, Jennison Associates held 826 positions worth $105B, up 2.6% from $102B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Jennison Associates's Q1 2014 filing shows 122 new, 275 increased, 321 reduced and 94 closed positions. Its largest new stake was Perrigo: 4,257,843 shares worth $659M. The largest sale was Ralph Lauren, an estimated $518M.
By sector, the portfolio is most concentrated in Healthcare at 20% of assets, up from 18% a quarter earlier, followed by Consumer Discretionary and Communication Services.
- Jennison Associates's largest Q1 2014 buy was Perrigo: 4,257,843 shares worth $659M.
- Jennison Associates added most to Merck in Q1 2014, an estimated $608M increase.
- Jennison Associates's biggest Q1 2014 reduction was Estee Lauder, cutting an estimated $435M.
- Jennison Associates fully exited Ralph Lauren in Q1 2014, selling an estimated $518M.
- Jennison Associates's ten largest holdings make up 18% of its $105B portfolio in Q1 2014.
- Jennison Associates opened 122 new positions and closed 94 in Q1 2014.
- Jennison Associates's portfolio value rose 2.6% quarter-over-quarter to $105B.
Based on Jennison Associates's 13F filing for Q1 2014, filed 7 May 2014.