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 | |
|---|---|---|---|---|---|---|
151
Flowserve
FLS
$10.2B
| $140M | 0.13% |
2,332,884
+400,642
| +21% | +$25.5M |
|
152
Williams Companies
WMB
$90.2B
| $138M | 0.13% |
3,073,472
-1,664,903
| -35% | -$85.1M |
|
|
WCC
153
WESCO International
WCC
$16.4B
| $137M | 0.13% |
1,798,077
+423,408
| +31% | +$33.3M |
|
154
Citigroup
C
$223B
| $136M | 0.13% |
2,514,673
-397,452
| -14% | -$21.1M |
|
|
TW
155
DELISTED
TOWERS WATSON & CO COM STK CL A (DE)
TW
| $136M | 0.13% |
1,199,214
+103,323
| +9% | +$11.4M |
|
|
SWI
156
DELISTED
SOLARWINDS INC COM STK (DE)
SWI
| $136M | 0.13% |
2,721,369
+27,043
| +1% | +$1.29M |
|
|
PPL
157
PPL Corp
PPL
$25.7B
| $135M | 0.13% |
4,002,024
+358,458
| +10% | +$11.7M |
|
158
Sempra
SRE
$55.1B
| $134M | 0.13% |
2,407,102
+1,976
| +0.1% | +$108K |
|
|
GNC
159
DELISTED
GNC Holdings, Inc.
GNC
| $133M | 0.12% |
2,831,092
-2,421
| -0.1% | -$102K |
|
160
White Mountains Insurance
WTM
$5.1B
| $132M | 0.12% |
210,167
-5,943
| -3% | -$3.78M |
|
161
Sprouts Farmers Market
SFM
$7.6B
| $130M | 0.12% |
3,812,146
+856,970
| +29% | +$26.2M |
|
|
MFRM
162
DELISTED
MATTRESS FIRM HLDG CORP COM STK (DE)
MFRM
| $128M | 0.12% |
2,208,836
-97,368
| -4% | -$6.06M |
|
|
ARG
163
DELISTED
Airgas Inc
ARG
| $128M | 0.12% |
1,110,566
+54,442
| +5% | +$6.13M |
|
164
Cooper Companies
COO
$13.9B
| $127M | 0.12% |
3,142,252
+489,564
| +18% | +$19.6M |
|
165
Eaton
ETN
$156B
| $127M | 0.12% |
+1,863,670
| New | +$123M |
|
|
PLL
166
DELISTED
PALL CORP
PLL
| $124M | 0.12% |
1,224,500
-147,344
| -11% | -$13.6M |
|
167
Home Depot
HD
$329B
| $124M | 0.12% |
1,180,136
+395,492
| +50% | +$38.4M |
|
168
Voya Financial
VOYA
$9.29B
| $124M | 0.12% |
2,920,668
-34,975
| -1% | -$1.4M |
|
169
Signet Jewelers
SIG
$3.21B
| $123M | 0.12% |
938,517
+192,165
| +26% | +$23.3M |
|
170
Portland General Electric
POR
$5.83B
| $120M | 0.11% |
3,177,850
+1,382,629
| +77% | +$50M |
|
171
SPX Corp
SPXC
$9.95B
| $120M | 0.11% |
5,546,427
+1,463,556
| +36% | +$32.7M |
|
|
PDCE
172
DELISTED
PDC Energy, Inc.
PDCE
| $120M | 0.11% |
2,897,685
+210,452
| +8% | +$8.5M |
|
|
PNK
173
DELISTED
Pinnacle Entertainment Inc.
PNK
| $118M | 0.11% |
5,290,382
+675,333
| +15% | +$15.7M |
|
174
American Electric Power
AEP
$66.6B
| $117M | 0.11% |
1,921,684
-190,832
| -9% | -$10.9M |
|
175
NOV
NOV
$7.48B
| $117M | 0.11% |
1,779,638
+38,270
| +2% | +$2.67M |
|
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.