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 | |
|---|---|---|---|---|---|---|
126
East-West Bancorp
EWBC
$17.7B
| $158M | 0.15% |
4,089,442
+72,970
| +2% | +$2.64M |
|
|
WLL
127
DELISTED
Whiting Petroleum Corporation
WLL
| $158M | 0.15% |
15,924
+10,077
| +172% | +$154M |
|
128
Occidental Petroleum
OXY
$59.1B
| $158M | 0.15% |
1,957,281
-245,385
| -11% | -$20.4M |
|
129
PNC Financial Services
PNC
$96.6B
| $157M | 0.15% |
1,725,693
-195,166
| -10% | -$16.9M |
|
|
SYA
130
DELISTED
SYMETRA FINANCIAL CORPORATION COMMON STOCK
SYA
| $155M | 0.14% |
6,710,986
-517,426
| -7% | -$11.8M |
|
|
CAVM
131
DELISTED
Cavium, Inc.
CAVM
| $155M | 0.14% |
2,501,231
-188,228
| -7% | -$9.96M |
|
132
Exelon
EXC
$45.3B
| $155M | 0.14% |
5,843,019
+1,984,234
| +51% | +$50.9M |
|
133
Jazz Pharmaceuticals
JAZZ
$15.9B
| $154M | 0.14% |
943,173
+119,817
| +15% | +$19.9M |
|
134
Bath & Body Works
BBWI
$3.88B
| $152M | 0.14% |
2,170,727
-643,944
| -23% | -$39.7M |
|
135
PVH
PVH
$3.49B
| $151M | 0.14% |
1,181,460
-6,300
| -0.5% | -$756K |
|
|
BRCD
136
DELISTED
Brocade Communications Systems, Inc. NEW
BRCD
| $151M | 0.14% |
12,742,528
-110,872
| -0.9% | -$1.2M |
|
|
RCPT
137
DELISTED
RECEPTOS INC COM STK (DE)
RCPT
| $149M | 0.14% |
1,214,795
+71,611
| +6% | +$7.25M |
|
138
CMS Energy
CMS
$21.4B
| $148M | 0.14% |
4,262,427
+1,852,871
| +77% | +$60.5M |
|
139
Cinemark Holdings
CNK
$4.17B
| $147M | 0.14% |
4,128,791
+341,938
| +9% | +$11.9M |
|
140
Dominion Energy
D
$57.7B
| $146M | 0.14% |
1,897,562
+224,321
| +13% | +$16.2M |
|
|
FRC
141
DELISTED
First Republic Bank
FRC
| $146M | 0.14% |
2,799,335
-152,806
| -5% | -$7.69M |
|
142
Cisco
CSCO
$433B
| $146M | 0.14% |
5,238,666
+2,188,790
| +72% | +$56.5M |
|
143
AbbVie
ABBV
$451B
| $145M | 0.14% |
2,217,677
+46,750
| +2% | +$2.95M |
|
144
Fortinet
FTNT
$122B
| $144M | 0.13% |
23,450,270
+2,148,495
| +10% | +$11.6M |
|
145
Clearway Energy Class C
CWEN
$6.52B
| $144M | 0.13% |
6,100,490
+56,620
| +0.9% | +$1.32M |
|
146
Starwood Property Trust
STWD
$5.85B
| $143M | 0.13% |
6,172,558
-151,834
| -2% | -$3.49M |
|
147
Devon Energy
DVN
$52.1B
| $143M | 0.13% |
2,340,223
+412,815
| +21% | +$25M |
|
148
NextEra Energy
NEE
$171B
| $142M | 0.13% |
5,355,080
+637,420
| +14% | +$16.1M |
|
149
Bunge Global
BG
$22.2B
| $141M | 0.13% |
1,553,973
-133,498
| -8% | -$11.7M |
|
150
Phillips 66
PSX
$97.4B
| $140M | 0.13% |
1,956,408
-225,961
| -10% | -$16.7M |
|
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.