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 | |
|---|---|---|---|---|---|---|
476
Philips
PHG
$24.8B
| $10.7M | 0.01% |
+341,890
| New | +$9.95M |
|
|
NS
477
DELISTED
NuStar Energy L.P.
NS
| $10.7M | 0.01% |
262,565
-36
| -0% | -$1.52K |
|
|
TRHC
478
DELISTED
Tabula Rasa HealthCare, Inc. Common Stock
TRHC
| $10.7M | 0.01% |
398,455
-664
| -0.2% | -$12.7K |
|
479
Kraft Heinz
KHC
$32.4B
| $10.4M | 0.01% |
134,198
-501,917
| -79% | -$42M |
|
|
RVNC
480
DELISTED
Revance Therapeutics, Inc.
RVNC
| $10.4M | 0.01% |
377,528
-872
| -0.2% | -$21.1K |
|
|
SRUNU
481
DELISTED
Silver Run Acquisition Corporation II Units
SRUNU
| $10.1M | 0.01% |
942,325
-627
| -0.1% | -$6.71K |
|
|
NSU
482
DELISTED
Nevsun Resources Ltd.
NSU
| $10M | 0.01% |
4,627,627
-389,118
| -8% | -$905K |
|
|
NUVA
483
DELISTED
NuVasive, Inc.
NUVA
| $9.97M | 0.01% |
179,779
-18,384
| -9% | -$1.22M |
|
484
Kosmos Energy
KOS
$1.39B
| $9.87M | 0.01% |
1,240,028
-102,047
| -8% | -$705K |
|
|
CWEN.A
485
DELISTED
Clearway Energy Class A
CWEN.A
| $9.61M | 0.01% |
506,335
| – | – |
|
|
SLCA
486
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $9.44M | 0.01% |
303,971
-401,737
| -57% | -$11.6M |
|
487
WSFS Financial
WSFS
$4.2B
| $9.44M | 0.01% |
193,605
+1,027
| +0.5% | +$46.3K |
|
|
MRNS
488
DELISTED
Marinus Pharmaceuticals, Inc
MRNS
| $9.43M | 0.01% |
401,683
+198,767
| +98% | +$2.23M |
|
|
WFT
489
DELISTED
Weatherford International plc
WFT
| $9.27M | 0.01% |
2,024,308
-84,516
| -4% | -$349K |
|
490
Dorman Products
DORM
$4.28B
| $8.8M | 0.01% |
122,857
-6,001
| -5% | -$431K |
|
|
ENLK
491
DELISTED
EnLink Midstream Partners, LP
ENLK
| $8.46M | 0.01% |
504,617
-13,866
| -3% | -$225K |
|
492
Turning Point Brands
TPB
$1.56B
| $8.05M | 0.01% |
473,439
-144,619
| -23% | -$2.33M |
|
|
ICD
493
DELISTED
Independence Contract Drilling, Inc.
ICD
| $7.92M | 0.01% |
104,232
-245
| -0.2% | -$17.3K |
|
494
B&G Foods
BGS
$297M
| $7.61M | 0.01% |
+238,862
| New | +$7.84M |
|
|
EXAS
495
DELISTED
Exact Sciences
EXAS
| $6.81M | 0.01% |
144,511
+266
| +0.2% | +$10.7K |
|
496
Select Water Solutions
WTTR
$2.24B
| $6.81M | 0.01% |
427,619
-5,293
| -1% | -$76.7K |
|
497
Spyre Therapeutics
SYRE
$8.68B
| $6.57M | 0.01% |
55,403
-464
| -0.8% | -$43.5K |
|
|
WSTC
498
DELISTED
West Corporation
WSTC
| $6.55M | 0.01% |
279,082
-913,333
| -77% | -$21.3M |
|
499
USA Compression Partners
USAC
$3.75B
| $6.47M | 0.01% |
386,783
-28,971
| -7% | -$467K |
|
|
ENLC
500
DELISTED
ENLINK MIDSTREAM, LLC
ENLC
| $6.21M | 0.01% |
360,045
-9,854
| -3% | -$170K |
|
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.