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 |
SLB Ltd
SLB
|
+$461M |
| 2 |
Qualcomm
QCOM
|
+$450M |
| 3 |
Marriott International
MAR
|
+$341M |
| 4 |
TIF
Tiffany & Co.
TIF
|
+$283M |
| 5 |
NRG Energy
NRG
|
+$207M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AGN
Allergan Inc
AGN
|
+$962M |
| 2 |
ESRX
Express Scripts Holding Company
ESRX
|
+$551M |
| 3 |
WFM
Whole Foods Market Inc
WFM
|
+$510M |
| 4 |
Goldman Sachs
GS
|
+$478M |
| 5 |
Estee Lauder
EL
|
+$329M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 18.23% |
| 2 | Consumer Discretionary | 14.87% |
| 3 | Energy | 12.48% |
| 4 | Technology | 11.83% |
| 5 | Communication Services | 11.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
FMC
FMC
$1.42B
| $154M | 0.14% |
2,495,279
-459,832
| -16% | -$30.1M |
|
|
POT
152
DELISTED
Potash Corp Of Saskatchewan
POT
| $151M | 0.14% |
3,969,485
+1,407,104
| +55% | +$50.8M |
|
153
Lear
LEA
$8.26B
| $149M | 0.14% |
1,672,690
-90,654
| -5% | -$7.8M |
|
|
VTLE
154
DELISTED
Vital Energy
VTLE
| $149M | 0.14% |
239,798
-9,888
| -4% | -$5.61M |
|
155
HCA Healthcare
HCA
$90.5B
| $148M | 0.14% |
2,622,276
-822,478
| -24% | -$43.4M |
|
156
Flowserve
FLS
$10.2B
| $146M | 0.13% |
1,959,663
+10,671
| +0.5% | +$809K |
|
|
CPN
157
DELISTED
Calpine Corporation
CPN
| $145M | 0.13% |
6,072,589
-6,683,270
| -52% | -$152M |
|
|
MDRX
158
DELISTED
Veradigm Inc. Common Stock
MDRX
| $144M | 0.13% |
8,962,763
+20,125
| +0.2% | +$314K |
|
159
NOV
NOV
$7.48B
| $144M | 0.13% |
1,745,053
-195,210
| -10% | -$14.5M |
|
|
PDCE
160
DELISTED
PDC Energy, Inc.
PDCE
| $143M | 0.13% |
2,257,224
+184,996
| +9% | +$11.6M |
|
161
Bankunited
BKU
$3.3B
| $140M | 0.13% |
4,192,979
+99,232
| +2% | +$3.29M |
|
|
AVP
162
DELISTED
Avon Products, Inc.
AVP
| $140M | 0.13% |
9,600,686
-163,720
| -2% | -$2.36M |
|
163
PVH
PVH
$3.49B
| $140M | 0.13% |
1,198,095
+44,630
| +4% | +$5.55M |
|
164
Citigroup
C
$223B
| $137M | 0.13% |
2,902,620
-28,632
| -1% | -$1.36M |
|
165
Voya Financial
VOYA
$9.29B
| $135M | 0.12% |
3,706,630
+13,848
| +0.4% | +$495K |
|
166
Verizon
VZ
$208B
| $134M | 0.12% |
2,734,660
-1,237,984
| -31% | -$60M |
|
|
PL
167
DELISTED
PROTECTIVE LIFE CORP
PL
| $133M | 0.12% |
1,920,244
-625,836
| -25% | -$35.6M |
|
168
East-West Bancorp
EWBC
$17.7B
| $133M | 0.12% |
3,799,059
+557,852
| +17% | +$19.4M |
|
169
Fluor
FLR
$7.12B
| $131M | 0.12% |
1,701,815
+5,557
| +0.3% | +$424K |
|
|
BRSL
170
Brightstar Lottery PLC
BRSL
$2.11B
| $130M | 0.12% |
8,153,289
-686,988
| -8% | -$9.32M |
|
171
Artisan Partners
APAM
$3.09B
| $128M | 0.12% |
2,254,773
+804,398
| +55% | +$46M |
|
|
CAVM
172
DELISTED
Cavium, Inc.
CAVM
| $127M | 0.12% |
2,562,736
-32,041
| -1% | -$1.47M |
|
173
Bath & Body Works
BBWI
$3.88B
| $127M | 0.12% |
2,677,437
+14,260
| +0.5% | +$653K |
|
174
Sempra
SRE
$55.1B
| $126M | 0.12% |
2,406,772
+3,046
| +0.1% | +$151K |
|
175
Edison International
EIX
$27B
| $126M | 0.12% |
2,166,782
+418,259
| +24% | +$23.4M |
|
Similar funds
Jennison Associates's Q2 2014 Portfolio in Review
As of Q2 2014, Jennison Associates held 796 positions worth $109B, up 4.1% from $105B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Jennison Associates's Q2 2014 filing shows 64 new, 297 increased, 319 reduced and 90 closed positions. Its largest new stake was Qualcomm: 5,657,444 shares worth $448M. The largest sale was Allergan Inc, an estimated $962M.
By sector, the portfolio is most concentrated in Healthcare at 18% of assets, down from 20% a quarter earlier, followed by Consumer Discretionary and Energy.
- Jennison Associates's largest Q2 2014 buy was Qualcomm: 5,657,444 shares worth $448M.
- Jennison Associates added most to SLB Ltd in Q2 2014, an estimated $461M increase.
- Jennison Associates's biggest Q2 2014 reduction was Allergan Inc, cutting an estimated $962M.
- Jennison Associates fully exited Estee Lauder in Q2 2014, selling an estimated $329M.
- Jennison Associates's ten largest holdings make up 19% of its $109B portfolio in Q2 2014.
- Jennison Associates opened 64 new positions and closed 90 in Q2 2014.
- Jennison Associates's portfolio value rose 4.1% quarter-over-quarter to $109B.
Based on Jennison Associates's 13F filing for Q2 2014, filed 8 Aug 2014.