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 | |
|---|---|---|---|---|---|---|
|
CQH
151
DELISTED
Cheniere Energy Partners LP Holdings LLC
CQH
| $134M | 0.12% |
5,498,614
+542,323
| +11% | +$13.3M |
|
|
CAVM
152
DELISTED
Cavium, Inc.
CAVM
| $134M | 0.12% |
2,689,459
+126,723
| +5% | +$6.42M |
|
|
P
153
DELISTED
Pandora Media Inc
P
| $134M | 0.12% |
5,530,676
-102,123
| -2% | -$2.71M |
|
154
NOV
NOV
$7.48B
| $133M | 0.12% |
1,741,368
-3,685
| -0.2% | -$305K |
|
155
Jazz Pharmaceuticals
JAZZ
$15.9B
| $132M | 0.12% |
823,356
-324,740
| -28% | -$49.9M |
|
156
Devon Energy
DVN
$52.1B
| $131M | 0.12% |
1,927,408
+704,147
| +58% | +$52.4M |
|
|
CPN
157
DELISTED
Calpine Corporation
CPN
| $131M | 0.12% |
6,033,485
-39,104
| -0.6% | -$885K |
|
158
Bankunited
BKU
$3.3B
| $131M | 0.12% |
4,283,505
+90,526
| +2% | +$2.88M |
|
159
Cinemark Holdings
CNK
$4.17B
| $129M | 0.12% |
3,786,853
+240,190
| +7% | +$8.33M |
|
160
Albemarle
ALB
$16.2B
| $127M | 0.12% |
2,154,885
-6,732
| -0.3% | -$437K |
|
161
Sempra
SRE
$55.1B
| $127M | 0.12% |
2,405,126
-1,646
| -0.1% | -$84.8K |
|
162
SLM Corp
SLM
$4.97B
| $126M | 0.12% |
14,746,522
+2,951,836
| +25% | +$25.9M |
|
163
AbbVie
ABBV
$451B
| $125M | 0.12% |
2,170,927
+305,931
| +16% | +$17M |
|
|
XEC
164
DELISTED
CIMAREX ENERGY CO
XEC
| $125M | 0.12% |
985,256
+133,978
| +16% | +$18.5M |
|
|
AIRM
165
DELISTED
Air Methods Corp
AIRM
| $124M | 0.12% |
2,239,276
+308,142
| +16% | +$16.9M |
|
166
Fluor
FLR
$7.12B
| $122M | 0.11% |
1,833,651
+131,836
| +8% | +$9.7M |
|
167
FMC
FMC
$1.42B
| $122M | 0.11% |
2,463,777
-31,502
| -1% | -$1.79M |
|
168
Edison International
EIX
$27B
| $121M | 0.11% |
2,164,488
-2,294
| -0.1% | -$131K |
|
169
Church & Dwight Co
CHD
$24B
| $121M | 0.11% |
3,441,932
-1,247,978
| -27% | -$42.5M |
|
170
IDEX
IEX
$17B
| $119M | 0.11% |
1,641,210
-1,083,614
| -40% | -$83.6M |
|
|
AVP
171
DELISTED
Avon Products, Inc.
AVP
| $118M | 0.11% |
9,393,611
-207,075
| -2% | -$2.84M |
|
|
ARG
172
DELISTED
Airgas Inc
ARG
| $117M | 0.11% |
1,056,124
-13,997
| -1% | -$1.54M |
|
|
PNK
173
DELISTED
Pinnacle Entertainment Inc.
PNK
| $116M | 0.11% |
4,615,049
+719,020
| +18% | +$17.6M |
|
174
Dominion Energy
D
$57.7B
| $116M | 0.11% |
1,673,241
+64,101
| +4% | +$4.43M |
|
175
Voya Financial
VOYA
$9.29B
| $116M | 0.11% |
2,955,643
-750,987
| -20% | -$28.5M |
|
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.