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 | 19.5% |
| 2 | Consumer Discretionary | 15.58% |
| 3 | Technology | 12.6% |
| 4 | Communication Services | 11.76% |
| 5 | Financials | 9.27% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
76
Hain Celestial
HAIN
$66.1M
| $286M | 0.27% |
4,909,446
-839,668
| -15% | -$45.4M |
|
77
Capri Holdings
CPRI
$1.53B
| $285M | 0.27% |
3,788,507
-4,966,820
| -57% | -$370M |
|
|
MFA
78
MFA Financial
MFA
$893M
| $284M | 0.27% |
8,873,768
+607,608
| +7% | +$20M |
|
79
FirstEnergy
FE
$26.5B
| $278M | 0.26% |
+7,135,716
| New | +$262M |
|
|
SAVE
80
DELISTED
Spirit Airlines, Inc.
SAVE
| $278M | 0.26% |
3,674,349
+773,253
| +27% | +$55.3M |
|
81
Centene
CNC
$32B
| $274M | 0.26% |
10,545,140
-2,959,192
| -22% | -$69.1M |
|
|
WP
82
DELISTED
Worldpay, Inc.
WP
| $272M | 0.25% |
8,019,241
-182,499
| -2% | -$5.9M |
|
83
Bank of America
BAC
$436B
| $269M | 0.25% |
15,062,902
+4,990,513
| +50% | +$85.4M |
|
84
Comcast
CMCSA
$96B
| $263M | 0.25% |
9,061,420
-605,024
| -6% | -$16.6M |
|
85
Dollar Tree
DLTR
$24.1B
| $261M | 0.24% |
3,710,405
-83,418
| -2% | -$5.26M |
|
|
FTR
86
DELISTED
Frontier Communications Corp.
FTR
| $260M | 0.24% |
2,600,531
+242,529
| +10% | +$23.8M |
|
87
Pacira BioSciences
PCRX
$1.03B
| $253M | 0.24% |
2,858,248
+598,516
| +26% | +$56.6M |
|
|
CAM
88
DELISTED
CAMERON INTERNATIONAL CORPORATION
CAM
| $252M | 0.24% |
5,049,585
-578,571
| -10% | -$32M |
|
89
FMC
FMC
$1.42B
| $238M | 0.22% |
4,802,456
+2,338,679
| +95% | +$114M |
|
90
Suncor Energy
SU
$76.5B
| $233M | 0.22% |
7,320,633
-1,429,873
| -16% | -$47.3M |
|
91
SLM Corp
SLM
$4.97B
| $227M | 0.21% |
22,235,958
+7,489,436
| +51% | +$71.6M |
|
92
Halliburton
HAL
$30.1B
| $226M | 0.21% |
5,749,899
-1,194,907
| -17% | -$58.2M |
|
|
HOT
93
DELISTED
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
| $220M | 0.21% |
2,717,719
+596,181
| +28% | +$46.5M |
|
94
Target
TGT
$74.1B
| $207M | 0.19% |
2,722,715
+1,469,699
| +117% | +$99.2M |
|
95
Ross Stores
ROST
$73.3B
| $206M | 0.19% |
4,377,362
-97,046
| -2% | -$4.1M |
|
96
Roper Technologies
ROP
$42.2B
| $202M | 0.19% |
1,294,416
-69,495
| -5% | -$10.7M |
|
|
SEMG
97
DELISTED
SEMGROUP CORPORATION
SEMG
| $198M | 0.19% |
2,895,038
-579,452
| -17% | -$42.7M |
|
|
COV
98
DELISTED
COVIDIEN PLC COM SHS NEW (IRELAND)
COV
| $197M | 0.18% |
1,925,996
+614,071
| +47% | +$58.9M |
|
99
Henry Schein
HSIC
$9.98B
| $193M | 0.18% |
3,622,760
-827,044
| -19% | -$41.1M |
|
100
Ulta Beauty
ULTA
$22.1B
| $192M | 0.18% |
1,498,435
+50,527
| +3% | +$6.19M |
|
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 $3.75B 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 20% 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.