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Jennison Associates

Jennison Associates Portfolio holdings

AUM $145B
1-Year Est. Return 34.61%
 

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.

This Fund
S&P 500
This Quarter Est. Return
+5.22%
1 Year Est. Return
+34.61%
3 Year Est. Return
+158.21%
5 Year Est. Return
+226.99%
10 Year Est. Return
+1,390.17%
AUM
$107B
AUM Growth
-$867M
Cap. Flow
-$3.79B
Cap. Flow %
-3.54%
Top 10 Hldgs %
19.78%
Holding
806
New
89
Increased
261
Reduced
351
Closed
91

Top Sells

Rank Stock Value
1
GOOG icon
Alphabet (Google) Class C
GOOG
+$777M
2
MRK icon
Merck
MRK
+$766M
3
AGN
Allergan Inc
AGN
+$573M
4
SLB icon
SLB Ltd
SLB
+$551M
5
TJX icon
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
BCR
801
DELISTED
CR Bard Inc.
BCR
-24,939
Closed -$3.56M
EPRS
802
DELISTED
EPIRUS BIOPHARMACEUTICALS INC COM
EPRS
-12,436
Closed -$89K
DWRE
803
DELISTED
DEMANDWARE INC COM STK (DE)
DWRE
-5,794
Closed -$295K
CAS
804
DELISTED
A M Castle & Co
CAS
-115,361
Closed -$985K

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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.