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 | 20.03% |
| 2 | Consumer Discretionary | 13.85% |
| 3 | Communication Services | 11.23% |
| 4 | Technology | 10.46% |
| 5 | Energy | 9.31% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
AbbVie
ABBV
$465B
| $104M | 0.1% |
2,022,675
+564,933
| +39% | +$28.6M |
|
|
WNR
202
DELISTED
Western Refining Inc
WNR
| $104M | 0.1% |
2,688,729
+1,402,364
| +109% | +$55.1M |
|
|
CQH
203
DELISTED
Cheniere Energy Partners LP Holdings LLC
CQH
| $104M | 0.1% |
4,797,808
+671,290
| +16% | +$13.1M |
|
204
Range Resources
RRC
$8.94B
| $103M | 0.1% |
1,245,454
-39,960
| -3% | -$3.4M |
|
205
Lumen
LUMN
$6.38B
| $103M | 0.1% |
3,138,682
-49,342
| -2% | -$1.51M |
|
206
Hyatt Hotels
H
$17.8B
| $103M | 0.1% |
1,907,683
+183,541
| +11% | +$9.35M |
|
207
Helmerich & Payne
HP
$3.31B
| $99.7M | 0.1% |
926,886
-28,214
| -3% | -$2.62M |
|
208
Edison International
EIX
$30.7B
| $99M | 0.09% |
1,748,523
+1,091,616
| +166% | +$54.4M |
|
209
NRG Energy
NRG
$26.9B
| $98.6M | 0.09% |
3,100,692
-642,251
| -17% | -$18.4M |
|
210
OGE Energy
OGE
$10.2B
| $98.3M | 0.09% |
2,673,570
-100,000
| -4% | -$3.5M |
|
211
Viatris
VTRS
$20.8B
| $97.2M | 0.09% |
1,991,502
-43,942
| -2% | -$2.13M |
|
212
NiSource
NI
$21.9B
| $97.1M | 0.09% |
6,952,248
+15,461
| +0.2% | +$209K |
|
213
Dominion Energy
D
$62.1B
| $95.1M | 0.09% |
1,339,709
+3,946
| +0.3% | +$269K |
|
214
Capital One
COF
$130B
| $93.5M | 0.09% |
1,211,198
-91,888
| -7% | -$6.74M |
|
215
Artisan Partners
APAM
$2.9B
| $93.2M | 0.09% |
1,450,375
+1,122,553
| +342% | +$72.2M |
|
216
Viavi Solutions
VIAV
$8.66B
| $92.9M | 0.09% |
11,664,455
-604,251
| -5% | -$4.56M |
|
|
POT
217
DELISTED
Potash Corp Of Saskatchewan
POT
| $92.8M | 0.09% |
+2,562,381
| New | +$86.2M |
|
218
Prosperity Bancshares
PB
$8.82B
| $92.6M | 0.09% |
1,400,392
-2,250
| -0.2% | -$142K |
|
219
American Electric Power
AEP
$72.4B
| $91.7M | 0.09% |
1,809,180
| – | – |
|
220
Global Payments
GPN
$23.9B
| $89.8M | 0.09% |
2,524,272
+254,632
| +11% | +$8.75M |
|
|
SNDK
221
DELISTED
SANDISK CORP
SNDK
| $89.7M | 0.09% |
1,104,444
+230,528
| +26% | +$17M |
|
|
TVTY
222
DELISTED
Tivity Health, Inc. Common Stock
TVTY
| $87.8M | 0.08% |
5,121,975
-355,290
| -6% | -$5.47M |
|
|
AIRM
223
DELISTED
Air Methods Corp
AIRM
| $87.4M | 0.08% |
1,635,743
-264,220
| -14% | -$14.1M |
|
224
Eversource Energy
ES
$28.4B
| $86.3M | 0.08% |
1,897,618
+195,163
| +11% | +$8.52M |
|
225
UnitedHealth
UNH
$389B
| $85.4M | 0.08% |
1,041,001
-980,272
| -48% | -$73.8M |
|
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 Communication Services.
- 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.