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 | |
|---|---|---|---|---|---|---|
|
PDCE
426
DELISTED
PDC Energy, Inc.
PDCE
| $16.9M | 0.02% |
345,430
-7,340
| -2% | -$316K |
|
|
ABMD
427
DELISTED
Abiomed Inc
ABMD
| $16.8M | 0.02% |
99,491
| – | – |
|
|
TPGH.U
428
DELISTED
TPG Pace Holdings Corp. Units, each consisting of one Class A ordinary share, $.0001 par value, and
TPGH.U
| $16.7M | 0.02% |
1,622,867
+222,867
| +16% | +$2.3M |
|
|
AM
429
DELISTED
ANTERO MIDSTREAM PARTNERS LP
AM
| $16.2M | 0.02% |
514,245
+13,861
| +3% | +$453K |
|
430
Saia
SAIA
$11.1B
| $16.1M | 0.02% |
+257,365
| New | +$14.2M |
|
431
BioCryst Pharmaceuticals
BCRX
$2.47B
| $16.1M | 0.02% |
3,076,461
+995,643
| +48% | +$5.1M |
|
|
PSDO
432
DELISTED
Presidio, Inc. Common Stock
PSDO
| $16M | 0.02% |
1,132,258
+50,598
| +5% | +$699K |
|
433
CNX Resources
CNX
$4.81B
| $16M | 0.02% |
1,130,909
-61,567
| -5% | -$790K |
|
|
BPMC
434
DELISTED
Blueprint Medicines
BPMC
| $15.9M | 0.02% |
228,617
-525
| -0.2% | -$28.1K |
|
|
CORE
435
DELISTED
Core Mark Holding Co., Inc.
CORE
| $15.8M | 0.02% |
492,394
-295,731
| -38% | -$9.26M |
|
|
NBLX
436
DELISTED
Noble Midstream Partners LP
NBLX
| $15.6M | 0.02% |
300,896
-3,064
| -1% | -$142K |
|
437
Oneok
OKE
$57.3B
| $15.6M | 0.02% |
280,987
+75,470
| +37% | +$4.08M |
|
|
MB
438
DELISTED
MINDBODY, Inc. Class A Common Stock
MB
| $15.3M | 0.02% |
590,469
+18,411
| +3% | +$456K |
|
439
Reliance Steel & Aluminium
RS
$20.8B
| $15.1M | 0.02% |
197,932
-82,597
| -29% | -$6.03M |
|
440
Monolithic Power Systems
MPWR
$64.2B
| $15M | 0.02% |
140,704
-15,246
| -10% | -$1.55M |
|
441
Littelfuse
LFUS
$9.86B
| $14.8M | 0.02% |
75,720
-113,884
| -60% | -$20.7M |
|
442
TG Therapeutics
TGTX
$8.61B
| $14.7M | 0.02% |
1,243,995
-106,886
| -8% | -$1.22M |
|
443
Energy Transfer Partners
ET
$68.9B
| $14.7M | 0.02% |
844,694
+151,198
| +22% | +$2.65M |
|
444
Plains All American Pipeline
PAA
$17.2B
| $14.5M | 0.01% |
682,323
-89,175
| -12% | -$2.06M |
|
445
Wheaton Precious Metals
WPM
$50.4B
| $14.4M | 0.01% |
755,069
-42,688
| -5% | -$840K |
|
|
B
446
Barrick Mining
B
$61.8B
| $14.4M | 0.01% |
894,549
-445,011
| -33% | -$7.44M |
|
447
Corvus Pharmaceuticals
CRVS
$1.11B
| $14.2M | 0.01% |
892,651
-126,362
| -12% | -$1.75M |
|
448
Eastman Chemical
EMN
$7.83B
| $14M | 0.01% |
155,185
+38,402
| +33% | +$3.27M |
|
|
BRKL
449
DELISTED
Brookline Bancorp
BRKL
| $14M | 0.01% |
905,010
+2,050
| +0.2% | +$29.7K |
|
|
AAMI
450
Acadian Asset Management
AAMI
$2.94B
| $13.5M | 0.01% |
904,246
+361,946
| +67% | +$5.16M |
|
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.