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 | |
|---|---|---|---|---|---|---|
|
SRCL
126
DELISTED
Stericycle Inc
SRCL
| $153M | 0.14% |
1,311,111
-17,326
| -1% | -$2.05M |
|
127
Bath & Body Works
BBWI
$3.88B
| $152M | 0.14% |
2,814,671
+137,234
| +5% | +$6.9M |
|
|
SPN
128
DELISTED
Superior Energy Services, Inc.
SPN
| $152M | 0.14% |
463,432
+32,810
| +8% | +$11.4M |
|
129
Cheniere Energy
LNG
$58.3B
| $151M | 0.14% |
1,887,554
-852,730
| -31% | -$65M |
|
130
Citigroup
C
$223B
| $151M | 0.14% |
2,912,125
+9,505
| +0.3% | +$478K |
|
131
HP
HPQ
$27.5B
| $147M | 0.14% |
+9,148,046
| New | +$148M |
|
132
CNX Resources
CNX
$5.36B
| $147M | 0.14% |
4,650,506
-23,949
| -0.5% | -$802K |
|
|
FRC
133
DELISTED
First Republic Bank
FRC
| $146M | 0.14% |
2,952,141
-1,938,026
| -40% | -$94.9M |
|
134
Lear
LEA
$8.26B
| $145M | 0.13% |
1,681,425
+8,735
| +0.5% | +$844K |
|
135
PVH
PVH
$3.49B
| $144M | 0.13% |
1,187,760
-10,335
| -0.9% | -$1.21M |
|
136
Clearway Energy Class C
CWEN
$6.52B
| $142M | 0.13% |
6,043,870
+3,010,678
| +99% | +$78.4M |
|
137
Bunge Global
BG
$22.2B
| $142M | 0.13% |
1,687,471
-960,676
| -36% | -$77.5M |
|
|
BRCD
138
DELISTED
Brocade Communications Systems, Inc. NEW
BRCD
| $140M | 0.13% |
12,853,400
+8,607,658
| +203% | +$83.8M |
|
|
WNR
139
DELISTED
Western Refining Inc
WNR
| $140M | 0.13% |
3,323,306
+468,814
| +16% | +$20.3M |
|
|
GG
140
DELISTED
Goldcorp Inc
GG
| $139M | 0.13% |
6,035,490
-1,655,875
| -22% | -$44.5M |
|
141
Starwood Property Trust
STWD
$5.85B
| $139M | 0.13% |
6,324,392
-1,015,654
| -14% | -$23.8M |
|
142
Ametek
AME
$54.2B
| $139M | 0.13% |
2,765,864
-1,075,220
| -28% | -$55.8M |
|
143
Core Laboratories
CLB
$567M
| $139M | 0.13% |
947,944
-16,296
| -2% | -$2.52M |
|
|
MFRM
144
DELISTED
MATTRESS FIRM HLDG CORP COM STK (DE)
MFRM
| $139M | 0.13% |
2,306,204
+61,823
| +3% | +$3.35M |
|
145
Constellium
CSTM
$3.66B
| $138M | 0.13% |
5,615,847
+428,977
| +8% | +$12.4M |
|
146
East-West Bancorp
EWBC
$17.7B
| $137M | 0.13% |
4,016,472
+217,413
| +6% | +$7.54M |
|
147
Flowserve
FLS
$10.2B
| $136M | 0.13% |
1,932,242
-27,421
| -1% | -$2.03M |
|
148
White Mountains Insurance
WTM
$5.1B
| $136M | 0.13% |
216,110
+10,593
| +5% | +$6.61M |
|
|
WLL
149
DELISTED
Whiting Petroleum Corporation
WLL
| $136M | 0.13% |
5,847
-1,103
| -16% | -$28.1M |
|
|
PDCE
150
DELISTED
PDC Energy, Inc.
PDCE
| $135M | 0.13% |
2,687,233
+430,009
| +19% | +$24.2M |
|
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.