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 | |
|---|---|---|---|---|---|---|
|
PLL
176
DELISTED
PALL CORP
PLL
| $115M | 0.11% |
1,371,844
-16,054
| -1% | -$1.31M |
|
177
Teva Pharmaceuticals
TEVA
$42.5B
| $114M | 0.11% |
2,114,652
-1,807,533
| -46% | -$95.8M |
|
|
COV
178
DELISTED
COVIDIEN PLC COM SHS NEW (IRELAND)
COV
| $113M | 0.11% |
+1,311,925
| New | +$116M |
|
|
SWI
179
DELISTED
SOLARWINDS INC COM STK (DE)
SWI
| $113M | 0.11% |
2,694,326
+506,165
| +23% | +$21M |
|
|
DBD
180
DELISTED
Diebold Nixdorf Incorporated
DBD
| $112M | 0.1% |
3,183,001
+484,489
| +18% | +$18.3M |
|
181
TransDigm Group
TDG
$65.6B
| $112M | 0.1% |
608,266
-55,458
| -8% | -$9.9M |
|
182
Artisan Partners
APAM
$3.09B
| $112M | 0.1% |
2,144,234
-110,539
| -5% | -$5.97M |
|
|
PPL
183
PPL Corp
PPL
$25.7B
| $111M | 0.1% |
3,643,566
+111,324
| +3% | +$3.48M |
|
184
NextEra Energy
NEE
$171B
| $111M | 0.1% |
4,717,660
+76,156
| +2% | +$1.84M |
|
185
American Electric Power
AEP
$66.6B
| $110M | 0.1% |
2,112,516
| – | – |
|
|
WFM
186
DELISTED
Whole Foods Market Inc
WFM
| $110M | 0.1% |
2,887,119
-3,207,547
| -53% | -$123M |
|
|
GNC
187
DELISTED
GNC Holdings, Inc.
GNC
| $110M | 0.1% |
2,833,513
+65,525
| +2% | +$2.38M |
|
|
TW
188
DELISTED
TOWERS WATSON & CO COM STK CL A (DE)
TW
| $109M | 0.1% |
1,095,891
+37,769
| +4% | +$3.98M |
|
189
Fortinet
FTNT
$122B
| $108M | 0.1% |
21,301,775
+2,638,560
| +14% | +$13.3M |
|
|
WCC
190
WESCO International
WCC
$16.4B
| $108M | 0.1% |
1,374,669
-17,714
| -1% | -$1.47M |
|
|
SNDK
191
DELISTED
SANDISK CORP
SNDK
| $107M | 0.1% |
1,094,494
-15,768
| -1% | -$1.54M |
|
192
Xerox
XRX
$402M
| $105M | 0.1% |
3,016,357
+279,221
| +10% | +$9.74M |
|
193
Global Payments
GPN
$24.3B
| $104M | 0.1% |
2,982,490
-332,656
| -10% | -$11.9M |
|
194
NiSource
NI
$19.5B
| $104M | 0.1% |
6,446,274
+67,608
| +1% | +$1.03M |
|
195
Cooper Companies
COO
$13.9B
| $103M | 0.1% |
+2,652,688
| New | +$104M |
|
196
Kinder Morgan
KMI
$70.3B
| $102M | 0.09% |
+2,660,610
| New | +$101M |
|
197
ServiceNow
NOW
$150B
| $102M | 0.09% |
8,670,090
+824,680
| +11% | +$9.73M |
|
198
Herc Holdings
HRI
$5.03B
| $101M | 0.09% |
1,329,981
-1,237,272
| -48% | -$106M |
|
199
Vail Resorts
MTN
$5.06B
| $101M | 0.09% |
1,166,117
+36,812
| +3% | +$2.92M |
|
200
GameStop
GME
$8.02B
| $101M | 0.09% |
9,775,388
+1,691,100
| +21% | +$18M |
|
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.