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 | 20.39% |
| 2 | Consumer Discretionary | 14.31% |
| 3 | Technology | 11.26% |
| 4 | Communication Services | 11.24% |
| 5 | Energy | 10.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
MFA
126
MFA Financial
MFA
$893M
| $178M | 0.17% |
5,736,812
+355,228
| +7% | +$10.7M |
|
127
Roper Technologies
ROP
$42.2B
| $178M | 0.17% |
1,331,221
-3,984
| -0.3% | -$542K |
|
128
Church & Dwight Co
CHD
$24B
| $177M | 0.17% |
5,129,182
-15,000
| -0.3% | -$498K |
|
|
SI
129
DELISTED
SIEMENS AKTIENGESELLSCHAFT ADS
SI
| $174M | 0.17% |
1,288,603
+96,378
| +8% | +$12.7M |
|
130
Starwood Property Trust
STWD
$5.85B
| $174M | 0.17% |
7,382,421
+642,583
| +10% | +$15.3M |
|
|
P
131
DELISTED
Pandora Media Inc
P
| $171M | 0.16% |
5,651,603
+5,606,961
| +12,560% | +$194M |
|
132
CNX Resources
CNX
$5.36B
| $170M | 0.16% |
5,120,273
+660,820
| +15% | +$21.3M |
|
|
HOT
133
DELISTED
STARWOOD HOTELS & RESORTS WORLDWIDE, INC.
HOT
| $170M | 0.16% |
2,139,080
+193,027
| +10% | +$15.1M |
|
134
Constellium
CSTM
$3.66B
| $169M | 0.16% |
5,767,397
-316,038
| -5% | -$8.27M |
|
|
MDRX
135
DELISTED
Veradigm Inc. Common Stock
MDRX
| $161M | 0.15% |
8,942,638
+302,101
| +3% | +$5.23M |
|
136
W.R. Berkley
WRB
$25.4B
| $158M | 0.15% |
12,809,867
-25,187
| -0.2% | -$304K |
|
137
Agilent Technologies
A
$43.4B
| $156M | 0.15% |
3,901,756
-530,667
| -12% | -$21.9M |
|
|
CTRX
138
DELISTED
CATAMARAN CORP COM STK (CDA)
CTRX
| $156M | 0.15% |
3,475,155
+551,086
| +19% | +$26.5M |
|
139
Phillips 66
PSX
$97.4B
| $155M | 0.15% |
2,008,463
-201,956
| -9% | -$15.4M |
|
140
Flowserve
FLS
$10.2B
| $153M | 0.15% |
1,948,992
+173,147
| +10% | +$13.3M |
|
|
WLL
141
DELISTED
Whiting Petroleum Corporation
WLL
| $152M | 0.15% |
7,289
-833
| -10% | -$15.8M |
|
142
Check Point Software Technologies
CHKP
$14.1B
| $152M | 0.15% |
2,241,967
+234,605
| +12% | +$15.5M |
|
|
SRCL
143
DELISTED
Stericycle Inc
SRCL
| $152M | 0.14% |
1,333,589
+248,655
| +23% | +$28.7M |
|
144
Lear
LEA
$8.26B
| $148M | 0.14% |
1,763,344
-124,891
| -7% | -$9.94M |
|
145
PVH
PVH
$3.49B
| $144M | 0.14% |
1,153,465
-441,231
| -28% | -$54.3M |
|
|
AVP
146
DELISTED
Avon Products, Inc.
AVP
| $143M | 0.14% |
9,764,406
+503,297
| +5% | +$7.73M |
|
147
Bankunited
BKU
$3.3B
| $142M | 0.14% |
4,093,747
+2,733,291
| +201% | +$89.4M |
|
148
Vodafone
VOD
$37.1B
| $140M | 0.13% |
3,816,395
-1,281,633
| -25% | -$49.4M |
|
149
Citigroup
C
$223B
| $140M | 0.13% |
2,931,252
-1,393,636
| -32% | -$69.4M |
|
|
SHPG
150
DELISTED
Shire pic
SHPG
| $139M | 0.13% |
936,224
-449,104
| -32% | -$69.2M |
|
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 Technology.
- 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.