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 |
ALXN
Alexion Pharmaceuticals
ALXN
|
+$636M |
| 2 |
UnitedHealth
UNH
|
+$635M |
| 3 |
Estee Lauder
EL
|
+$632M |
| 4 |
AbbVie
ABBV
|
+$466M |
| 5 |
PayPal
PYPL
|
+$451M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
O'Reilly Automotive
ORLY
|
+$559M |
| 2 |
SHPG
Shire pic
SHPG
|
+$464M |
| 3 |
Amazon
AMZN
|
+$458M |
| 4 |
Ulta Beauty
ULTA
|
+$439M |
| 5 |
Alibaba
BABA
|
+$397M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.96% |
| 2 | Healthcare | 15.31% |
| 3 | Consumer Discretionary | 14.83% |
| 4 | Communication Services | 12.99% |
| 5 | Financials | 11.16% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
XEC
276
DELISTED
CIMAREX ENERGY CO
XEC
| $49.1M | 0.05% |
431,939
-25,917
| -6% | -$2.59M |
|
277
Cooper Companies
COO
$13.7B
| $49.1M | 0.05% |
827,852
-459,976
| -36% | -$28.1M |
|
|
SYNH
278
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $48.2M | 0.05% |
922,118
+165,793
| +22% | +$9.24M |
|
279
Terex
TEX
$7.98B
| $48.2M | 0.05% |
1,070,809
-899
| -0.1% | -$35.6K |
|
280
Darling Ingredients
DAR
$9.93B
| $48.2M | 0.05% |
2,749,909
-16,703
| -0.6% | -$283K |
|
|
VNTR
281
DELISTED
Venator Materials PLC
VNTR
| $47.7M | 0.05% |
+2,112,104
| New | +$43.9M |
|
282
Ryder
R
$10.3B
| $47.3M | 0.05% |
558,993
-645,172
| -54% | -$48.8M |
|
283
Insmed
INSM
$23.2B
| $47M | 0.05% |
1,506,142
+338,877
| +29% | +$6.45M |
|
284
Columbia Banking Systems
COLB
$8.81B
| $45.8M | 0.05% |
1,087,541
-411,898
| -27% | -$15.9M |
|
|
ARCH
285
DELISTED
Arch Resources, Inc.
ARCH
| $45.6M | 0.05% |
635,469
-7,552
| -1% | -$565K |
|
286
HubSpot
HUBS
$10.5B
| $45.4M | 0.05% |
539,838
+116,861
| +28% | +$8.37M |
|
|
KLXI
287
DELISTED
KLX Inc.
KLXI
| $45.2M | 0.05% |
1,012,869
+74,345
| +8% | +$3.16M |
|
288
Brighthouse Financial
BHF
$3.63B
| $44.8M | 0.05% |
+736,650
| New | +$42M |
|
289
MGM Resorts International
MGM
$11.7B
| $44.5M | 0.05% |
1,366,340
-81,617
| -6% | -$2.63M |
|
|
GOLD
290
DELISTED
Randgold Resources Ltd
GOLD
| $44.5M | 0.05% |
455,351
-28,512
| -6% | -$2.74M |
|
|
THS
291
DELISTED
Treehouse Foods
THS
| $44.3M | 0.05% |
653,405
-322,412
| -33% | -$23.8M |
|
|
CYBR
292
DELISTED
CyberArk
CYBR
| $44.2M | 0.05% |
1,077,026
-5,427
| -0.5% | -$230K |
|
|
VSM
293
DELISTED
Versum Materials, Inc.
VSM
| $44M | 0.05% |
1,134,054
-428,470
| -27% | -$15.3M |
|
|
COL
294
DELISTED
Rockwell Collins
COL
| $43.7M | 0.04% |
+334,254
| New | +$40.6M |
|
|
TSRO
295
DELISTED
TESARO, Inc.
TSRO
| $43.5M | 0.04% |
337,261
+15,637
| +5% | +$1.94M |
|
296
Owens Corning
OC
$11.5B
| $42.2M | 0.04% |
545,913
+57,728
| +12% | +$4.04M |
|
297
Clearway Energy Class C
CWEN
$5B
| $41.9M | 0.04% |
2,168,870
+319,051
| +17% | +$5.9M |
|
|
PGTI
298
DELISTED
PGT, Inc.
PGTI
| $41.8M | 0.04% |
2,798,352
+54,277
| +2% | +$723K |
|
299
Forum Energy Technologies
FET
$654M
| $41.1M | 0.04% |
129,402
+2,143
| +2% | +$574K |
|
300
Clorox
CLX
$11.6B
| $41.1M | 0.04% |
311,251
+4,551
| +1% | +$612K |
|
Similar funds
Jennison Associates's Q3 2017 Portfolio in Review
As of Q3 2017, Jennison Associates held 727 positions worth $97.6B, up 3.6% from $94.3B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Jennison Associates withdrew a net $3.38B in Q3 2017, closing 79 positions and reducing 330 holdings. Its most notable exit was O'Reilly Automotive, an estimated $559M position sold in full.
By sector, the portfolio is most concentrated in Technology at 21% of assets, up from 21% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Jennison Associates opened a new position in Estee Lauder worth $664M.
- Jennison Associates's largest Q3 2017 buy was Estee Lauder: 6,161,274 shares worth $664M.
- Jennison Associates added most to Alexion Pharmaceuticals in Q3 2017, an estimated $636M increase.
- Jennison Associates's biggest Q3 2017 reduction was Shire pic, cutting an estimated $464M.
- Jennison Associates fully exited O'Reilly Automotive in Q3 2017, selling an estimated $559M.
- Jennison Associates's ten largest holdings make up 28% of its $97.6B portfolio in Q3 2017.
- Jennison Associates opened 90 new positions and closed 79 in Q3 2017.
- Jennison Associates's portfolio value rose 3.6% quarter-over-quarter to $97.6B.
Based on Jennison Associates's 13F filing for Q3 2017, filed 3 Nov 2017.