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 | |
|---|---|---|---|---|---|---|
|
SYA
151
DELISTED
SYMETRA FINANCIAL CORPORATION COMMON STOCK
SYA
| $137M | 0.13% |
6,911,595
-78,775
| -1% | -$1.52M |
|
152
NOV
NOV
$7.48B
| $136M | 0.13% |
1,940,263
+19,919
| +1% | +$1.37M |
|
153
Centene
CNC
$32B
| $136M | 0.13% |
8,711,948
+256,128
| +3% | +$3.96M |
|
154
Jazz Pharmaceuticals
JAZZ
$15.9B
| $135M | 0.13% |
+976,213
| New | +$147M |
|
155
Voya Financial
VOYA
$9.29B
| $134M | 0.13% |
3,692,782
+29,106
| +0.8% | +$1.03M |
|
|
PL
156
DELISTED
PROTECTIVE LIFE CORP
PL
| $134M | 0.13% |
2,546,080
-116,730
| -4% | -$5.99M |
|
157
Standard BioTools
LAB
$252M
| $133M | 0.13% |
3,017,346
+326,598
| +12% | +$14.4M |
|
158
Fluor
FLR
$7.12B
| $132M | 0.13% |
1,696,258
-279
| -0% | -$21.8K |
|
159
Herc Holdings
HRI
$5.03B
| $132M | 0.13% |
1,647,365
+762,504
| +86% | +$61.5M |
|
|
KATE
160
DELISTED
Kate Spade & Company
KATE
| $130M | 0.12% |
+3,494,989
| New | +$115M |
|
|
VTLE
161
DELISTED
Vital Energy
VTLE
| $129M | 0.12% |
249,686
+91,360
| +58% | +$46.7M |
|
|
PDCE
162
DELISTED
PDC Energy, Inc.
PDCE
| $129M | 0.12% |
2,072,228
+473,693
| +30% | +$26M |
|
|
EVHC
163
DELISTED
Envision Healthcare Holdings Inc
EVHC
| $129M | 0.12% |
1,273,735
+832,551
| +189% | +$83.3M |
|
164
Power Integrations
POWI
$2.88B
| $128M | 0.12% |
3,898,930
-150,164
| -4% | -$4.55M |
|
|
TW
165
DELISTED
TOWERS WATSON & CO COM STK CL A (DE)
TW
| $128M | 0.12% |
1,123,415
+622,797
| +124% | +$72.5M |
|
|
ARG
166
DELISTED
Airgas Inc
ARG
| $128M | 0.12% |
1,202,309
-3,696
| -0.3% | -$396K |
|
167
Pfizer
PFE
$159B
| $127M | 0.12% |
4,151,273
+84,595
| +2% | +$2.52M |
|
|
RAX
168
DELISTED
Rackspace Hosting Inc
RAX
| $126M | 0.12% |
3,848,811
-674,520
| -15% | -$24.2M |
|
|
BRSL
169
Brightstar Lottery PLC
BRSL
$2.11B
| $124M | 0.12% |
8,840,277
-25,681
| -0.3% | -$397K |
|
170
Energy Transfer Partners
ET
$73.4B
| $124M | 0.12% |
5,295,210
+58,690
| +1% | +$1.27M |
|
171
Cigna
CI
$73.7B
| $124M | 0.12% |
1,478,012
-398,120
| -21% | -$32.8M |
|
|
PLL
172
DELISTED
PALL CORP
PLL
| $124M | 0.12% |
1,380,513
-199,450
| -13% | -$16.9M |
|
|
DATA
173
DELISTED
Tableau Software, Inc.
DATA
| $123M | 0.12% |
1,622,841
+58,480
| +4% | +$4.92M |
|
174
TransDigm Group
TDG
$65.6B
| $123M | 0.12% |
666,502
-21,454
| -3% | -$3.75M |
|
175
White Mountains Insurance
WTM
$5.1B
| $123M | 0.12% |
205,744
+3,452
| +2% | +$2.01M |
|
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.