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 | |
|---|---|---|---|---|---|---|
|
VRNT
301
DELISTED
Verint Systems
VRNT
| $41M | 0.04% |
1,922,303
+146,336
| +8% | +$2.95M |
|
302
ProPetro Holding
PUMP
$1.42B
| $40.8M | 0.04% |
2,846,479
-174,928
| -6% | -$2.2M |
|
303
Lockheed Martin
LMT
$135B
| $39.9M | 0.04% |
128,529
+6,375
| +5% | +$1.9M |
|
304
Schneider National
SNDR
$6.6B
| $39.3M | 0.04% |
1,554,066
+88,411
| +6% | +$1.96M |
|
305
Acadia Healthcare
ACHC
$3.06B
| $38.5M | 0.04% |
806,887
-66,666
| -8% | -$3.25M |
|
306
Seacoast Banking Corp of Florida
SBCF
$3.27B
| $38.3M | 0.04% |
1,601,955
+613,947
| +62% | +$14.2M |
|
307
lululemon athletica
LULU
$13.2B
| $38M | 0.04% |
+610,384
| New | +$36.8M |
|
|
CLDT
308
Chatham Lodging
CLDT
$633M
| $37.7M | 0.04% |
1,770,577
-509,674
| -22% | -$10.4M |
|
309
Carlisle Companies
CSL
$14B
| $37.2M | 0.04% |
371,253
-58,065
| -14% | -$5.62M |
|
310
General Dynamics
GD
$106B
| $37M | 0.04% |
180,177
-23,881
| -12% | -$4.79M |
|
311
BHP
BHP
$214B
| $37M | 0.04% |
1,022,170
+263,548
| +35% | +$9.63M |
|
|
DBD
312
DELISTED
Diebold Nixdorf Incorporated
DBD
| $36.9M | 0.04% |
1,615,517
-56,988
| -3% | -$1.21M |
|
313
Honeywell
HON
$78B
| $36.9M | 0.04% |
288,038
+9,182
| +3% | +$1.14M |
|
|
CAA
314
DELISTED
CalAtlantic Group, Inc.
CAA
| $36.1M | 0.04% |
985,366
-31,257
| -3% | -$1.11M |
|
315
Live Nation Entertainment
LYV
$41.9B
| $35.8M | 0.04% |
821,297
-585,530
| -42% | -$22.7M |
|
|
EPZM
316
DELISTED
Epizyme, Inc
EPZM
| $35.6M | 0.04% |
1,867,661
-9,474
| -0.5% | -$145K |
|
|
FLIR
317
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| $35.4M | 0.04% |
909,791
+134,082
| +17% | +$5.08M |
|
318
Amgen
AMGN
$204B
| $35.4M | 0.04% |
+189,751
| New | +$33.6M |
|
319
Sprouts Farmers Market
SFM
$7.03B
| $35.3M | 0.04% |
1,882,632
-2,219,070
| -54% | -$49.1M |
|
320
Agnico Eagle Mines
AEM
$73.4B
| $35.3M | 0.04% |
781,487
-49,019
| -6% | -$2.29M |
|
321
Southern Copper
SCCO
$140B
| $35.1M | 0.04% |
952,534
-57,191
| -6% | -$2.07M |
|
322
Travere Therapeutics
TVTX
$5.44B
| $34.7M | 0.04% |
1,395,461
-302,464
| -18% | -$6.66M |
|
|
GNMK
323
DELISTED
GenMark Diagnostics, Inc
GNMK
| $34.4M | 0.04% |
3,567,001
+25,254
| +0.7% | +$262K |
|
|
SBNY
324
DELISTED
Signature Bank
SBNY
| $34.2M | 0.04% |
266,919
-291,913
| -52% | -$38.3M |
|
325
Trinity Industries
TRN
$2.98B
| $34.1M | 0.04% |
1,486,538
+197,227
| +15% | +$4.07M |
|
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.