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 |
Shopify
SHOP
|
+$447M |
| 2 |
Apple
AAPL
|
+$435M |
| 3 |
DexCom
DXCM
|
+$411M |
| 4 |
EXAS
Exact Sciences
EXAS
|
+$242M |
| 5 |
Walt Disney
DIS
|
+$213M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
ALXN
Alexion Pharmaceuticals
ALXN
|
+$786M |
| 2 |
Microsoft
MSFT
|
+$437M |
| 3 |
PayPal
PYPL
|
+$422M |
| 4 |
XYZ
Block Inc
XYZ
|
+$401M |
| 5 |
Illumina
ILMN
|
+$345M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.26% |
| 2 | Consumer Discretionary | 17.14% |
| 3 | Healthcare | 14.11% |
| 4 | Financials | 12.21% |
| 5 | Communication Services | 11.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
551
Evertec
EVTC
$1.79B
| $975K | ﹤0.01% |
31,218
-2,562
| -8% | -$85.9K |
|
|
GHDX
552
DELISTED
Genomic Health, Inc.
GHDX
| $971K | ﹤0.01% |
14,322
+596
| +4% | +$40.9K |
|
|
HUYA
553
Huya Inc
HUYA
$498M
| $968K | ﹤0.01% |
40,937
| – | – |
|
|
SAVE
554
DELISTED
Spirit Airlines, Inc.
SAVE
| $965K | ﹤0.01% |
26,591
-487
| -2% | -$20.5K |
|
555
Vishay Intertechnology
VSH
$4.69B
| $961K | ﹤0.01% |
56,786
-5,629
| -9% | -$92.4K |
|
556
Marcus & Millichap
MMI
$1.23B
| $955K | ﹤0.01% |
26,897
-516
| -2% | -$17.6K |
|
557
Intuit
INTU
$97.9B
| $939K | ﹤0.01% |
3,532
-134
| -4% | -$36.9K |
|
|
HBI
558
DELISTED
Hanesbrands
HBI
| $919K | ﹤0.01% |
59,985
+11,095
| +23% | +$169K |
|
559
Dell
DELL
$295B
| $897K | ﹤0.01% |
34,135
-11,818
| -26% | -$313K |
|
|
KW
560
DELISTED
Kennedy-Wilson Holdings
KW
| $872K | ﹤0.01% |
39,786
-911
| -2% | -$19.4K |
|
561
Medpace
MEDP
$16.8B
| $835K | ﹤0.01% |
9,930
-6,830
| -41% | -$516K |
|
562
G-III Apparel Group
GIII
$1.41B
| $819K | ﹤0.01% |
31,789
-383,888
| -92% | -$9.62M |
|
|
ARNA
563
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $816K | ﹤0.01% |
+17,827
| New | +$1M |
|
564
KBR
KBR
$4.79B
| $812K | ﹤0.01% |
33,069
-4,693
| -12% | -$119K |
|
565
Stride
LRN
$3.61B
| $812K | ﹤0.01% |
30,755
+5,957
| +24% | +$171K |
|
566
American Eagle Outfitters
AEO
$2.83B
| $808K | ﹤0.01% |
49,796
+2,344
| +5% | +$39.1K |
|
567
Black Hills Corp
BKH
$5.55B
| $807K | ﹤0.01% |
+10,511
| New | +$818K |
|
568
Brinker International
EAT
$9.87B
| $807K | ﹤0.01% |
18,917
-730
| -4% | -$29.3K |
|
569
Credicorp
BAP
$29.3B
| $790K | ﹤0.01% |
3,790
| – | – |
|
|
AJRD
570
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $773K | ﹤0.01% |
+15,306
| New | +$743K |
|
|
HMSY
571
DELISTED
HMS Holdings Corp.
HMSY
| $770K | ﹤0.01% |
+22,353
| New | +$808K |
|
572
Par Pacific Holdings
PARR
$3.95B
| $767K | ﹤0.01% |
+33,534
| New | +$742K |
|
|
IBKC
573
DELISTED
IBERIABANK Corp
IBKC
| $766K | ﹤0.01% |
+10,139
| New | +$748K |
|
|
TPH
574
DELISTED
Tri Pointe Homes
TPH
| $746K | ﹤0.01% |
49,594
-30,221
| -38% | -$412K |
|
|
BMCH
575
DELISTED
BMC Stock Holdings, Inc
BMCH
| $741K | ﹤0.01% |
28,305
+7,665
| +37% | +$183K |
|
Similar funds
Jennison Associates's Q3 2019 Portfolio in Review
As of Q3 2019, Jennison Associates held 720 positions worth $94.7B, down 6.1% from $101B the previous quarter. Its ten largest holdings account for 33% of the portfolio.
Jennison Associates withdrew a net $4.4B in Q3 2019, closing 84 positions and reducing 378 holdings. Its most notable exit was Worldpay, Inc., an estimated $95.3M position sold in full.
By sector, the portfolio is most concentrated in Technology at 25% of assets, down from 25% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, Jennison Associates opened a new position in Peloton Interactive worth $91.8M.
- Jennison Associates's largest Q3 2019 buy was Peloton Interactive: 3,659,219 shares worth $91.8M.
- Jennison Associates added most to Shopify in Q3 2019, an estimated $447M increase.
- Jennison Associates's biggest Q3 2019 reduction was Alexion Pharmaceuticals, cutting an estimated $786M.
- Jennison Associates fully exited Worldpay, Inc. in Q3 2019, selling an estimated $95.3M.
- Jennison Associates's ten largest holdings make up 33% of its $94.7B portfolio in Q3 2019.
- Jennison Associates opened 78 new positions and closed 84 in Q3 2019.
- Jennison Associates's portfolio value fell 6.1% quarter-over-quarter to $94.7B.
Based on Jennison Associates's 13F filing for Q3 2019, filed 8 Nov 2019.