PGIM Jennison Small-Cap Core Equity Fund
Schedule of Investments (unaudited) as of April 30, 2024
Description | Shares | Value | |||
Long-Term Investments 95.1% | |||||
Common Stocks | |||||
Automobile Components 1.0% | |||||
Dorman Products, Inc.* | 972 | $85,001 | |||
Banks 8.3% | |||||
Atlantic Union Bankshares Corp. | 1,380 | 43,843 | |||
BankUnited, Inc. | 1,720 | 45,976 | |||
Brookline Bancorp, Inc. | 6,700 | 55,610 | |||
Eastern Bankshares, Inc. | 4,253 | 53,418 | |||
Enterprise Financial Services Corp. | 1,344 | 51,085 | |||
First Bancorp | 1,412 | 42,939 | |||
First Interstate BancSystem, Inc. (Class A Stock) | 1,134 | 30,278 | |||
Heritage Financial Corp. | 1,939 | 34,398 | |||
Hilltop Holdings, Inc. | 1,216 | 35,580 | |||
Pinnacle Financial Partners, Inc. | 1,230 | 94,341 | |||
Western Alliance Bancorp | 1,968 | 111,841 | |||
Wintrust Financial Corp. | 811 | 78,375 | |||
WSFS Financial Corp. | 1,262 | 53,925 | |||
731,609 | |||||
Biotechnology 5.4% | |||||
Apellis Pharmaceuticals, Inc.* | 1,525 | 67,390 | |||
Arcutis Biotherapeutics, Inc.* | 9,911 | 82,460 | |||
Cabaletta Bio, Inc.* | 3,674 | 39,110 | |||
Celldex Therapeutics, Inc.* | 670 | 25,071 | |||
Crinetics Pharmaceuticals, Inc.* | 1,782 | 78,087 | |||
Krystal Biotech, Inc.* | 464 | 71,048 | |||
Kyverna Therapeutics, Inc.* | 630 | 9,538 | |||
Tourmaline Bio, Inc. | 681 | 10,780 | |||
Twist Bioscience Corp.* | 439 | 13,710 | |||
Vaxcyte, Inc.* | 977 | 59,157 | |||
Veracyte, Inc.* | 1,229 | 24,052 | |||
480,403 | |||||
Building Products 1.3% | |||||
Hayward Holdings, Inc.* | 4,869 | 66,121 | |||
Zurn Elkay Water Solutions Corp. | 1,721 | 53,833 | |||
119,954 | |||||
Capital Markets 3.3% | |||||
AssetMark Financial Holdings, Inc.* | 1,704 | 57,612 |
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PGIM Jennison Small-Cap Core Equity Fund
Schedule of Investments (unaudited) (continued)
as of April 30, 2024
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Capital Markets (cont’d.) | |||||
Bridge Investment Group Holdings, Inc. (Class A Stock) | 4,586 | $30,176 | |||
Brightsphere Investment Group, Inc. | 1,740 | 38,697 | |||
Hamilton Lane, Inc. (Class A Stock) | 550 | 61,446 | |||
Houlihan Lokey, Inc. | 567 | 72,287 | |||
Marex Group PLC (United Kingdom)* | 730 | 14,060 | |||
Moelis & Co. (Class A Stock) | 334 | 16,393 | |||
290,671 | |||||
Chemicals 1.2% | |||||
Avient Corp. | 2,614 | 110,886 | |||
Commercial Services & Supplies 3.7% | |||||
ACV Auctions, Inc. (Class A Stock)* | 5,974 | 104,246 | |||
Casella Waste Systems, Inc. (Class A Stock)* | 1,362 | 123,125 | |||
Vestis Corp. | 1,423 | 26,212 | |||
VSE Corp. | 906 | 70,731 | |||
324,314 | |||||
Construction & Engineering 1.9% | |||||
Concrete Pumping Holdings, Inc.* | 5,933 | 39,454 | |||
Construction Partners, Inc. (Class A Stock)* | 1,654 | 85,413 | |||
Great Lakes Dredge & Dock Corp.* | 7,063 | 46,616 | |||
171,483 | |||||
Consumer Staples Distribution & Retail 0.9% | |||||
Chefs’ Warehouse, Inc. (The)* | 2,483 | 82,138 | |||
Diversified Telecommunication Services 1.0% | |||||
Cogent Communications Holdings, Inc. | 1,395 | 89,531 | |||
Electronic Equipment, Instruments & Components 0.3% | |||||
Littelfuse, Inc. | 107 | 24,678 | |||
Energy Equipment & Services 3.5% | |||||
Cactus, Inc. (Class A Stock) | 2,619 | 130,007 | |||
Expro Group Holdings NV* | 3,085 | 57,875 | |||
Weatherford International PLC* | 1,003 | 123,991 | |||
311,873 |
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PGIM Jennison Small-Cap Core Equity Fund
Schedule of Investments (unaudited) (continued)
as of April 30, 2024
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Financial Services 2.9% | |||||
AvidXchange Holdings, Inc.* | 2,776 | $32,368 | |||
Essent Group Ltd. | 989 | 52,387 | |||
Flywire Corp.* | 2,733 | 56,027 | |||
Shift4 Payments, Inc. (Class A Stock)* | 2,008 | 116,183 | |||
256,965 | |||||
Food Products 3.2% | |||||
Adecoagro SA (Brazil) | 7,229 | 78,435 | |||
Freshpet, Inc.* | 1,233 | 130,784 | |||
Utz Brands, Inc. | 4,404 | 79,404 | |||
288,623 | |||||
Gas Utilities 1.0% | |||||
Chesapeake Utilities Corp. | 845 | 89,460 | |||
Health Care Equipment & Supplies 2.5% | |||||
CONMED Corp. | 417 | 28,348 | |||
Inspire Medical Systems, Inc.* | 352 | 85,064 | |||
Tandem Diabetes Care, Inc.* | 2,890 | 106,034 | |||
219,446 | |||||
Health Care Providers & Services 3.5% | |||||
Acadia Healthcare Co., Inc.* | 1,262 | 93,312 | |||
Guardant Health, Inc.* | 1,507 | 27,126 | |||
LifeStance Health Group, Inc.* | 6,067 | 37,494 | |||
NeoGenomics, Inc.* | 3,460 | 48,163 | |||
Option Care Health, Inc.* | 1,182 | 35,330 | |||
Progyny, Inc.* | 2,258 | 72,392 | |||
313,817 | |||||
Health Care Technology 0.2% | |||||
Evolent Health, Inc. (Class A Stock)* | 587 | 16,283 | |||
Hotel & Resort REITs 0.5% | |||||
Summit Hotel Properties, Inc. | 6,875 | 41,319 | |||
Hotels, Restaurants & Leisure 2.8% | |||||
Bloomin’ Brands, Inc. | 2,661 | 68,627 |
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PGIM Jennison Small-Cap Core Equity Fund
Schedule of Investments (unaudited) (continued)
as of April 30, 2024
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Hotels, Restaurants & Leisure (cont’d.) | |||||
Cava Group, Inc.* | 793 | $57,049 | |||
Golden Entertainment, Inc. | 1,803 | 57,786 | |||
Shake Shack, Inc. (Class A Stock)* | 658 | 69,649 | |||
253,111 | |||||
Household Durables 1.4% | |||||
Century Communities, Inc. | 1,560 | 123,739 | |||
Industrial REITs 1.4% | |||||
Plymouth Industrial REIT, Inc. | 5,799 | 121,083 | |||
Insurance 2.0% | |||||
Axis Capital Holdings Ltd. | 1,863 | 114,258 | |||
James River Group Holdings Ltd. | 1,711 | 15,211 | |||
Skyward Specialty Insurance Group, Inc.* | 1,336 | 46,653 | |||
176,122 | |||||
IT Services 2.1% | |||||
ASGN, Inc.* | 977 | 94,232 | |||
Fastly, Inc. (Class A Stock)* | 1,738 | 21,986 | |||
Grid Dynamics Holdings, Inc.* | 7,619 | 74,437 | |||
190,655 | |||||
Leisure Products 0.7% | |||||
Brunswick Corp. | 761 | 61,367 | |||
Life Sciences Tools & Services 0.5% | |||||
Fortrea Holdings, Inc.* | 1,194 | 43,688 | |||
Machinery 3.8% | |||||
Enerpac Tool Group Corp. | 3,309 | 117,899 | |||
Enpro, Inc. | 531 | 79,719 | |||
Gates Industrial Corp. PLC* | 1,214 | 21,391 | |||
Trinity Industries, Inc. | 4,585 | 119,302 | |||
338,311 | |||||
Marine Transportation 1.9% | |||||
Kirby Corp.* | 1,530 | 166,969 |
4
PGIM Jennison Small-Cap Core Equity Fund
Schedule of Investments (unaudited) (continued)
as of April 30, 2024
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Metals & Mining 3.7% | |||||
Constellium SE* | 7,199 | $141,748 | |||
Eldorado Gold Corp. (Turkey)* | 3,638 | 51,878 | |||
ERO Copper Corp. (Brazil)* | 3,922 | 79,970 | |||
Materion Corp. | 444 | 51,033 | |||
324,629 | |||||
Mortgage Real Estate Investment Trusts (REITs) 1.0% | |||||
Ladder Capital Corp. | 8,344 | 89,531 | |||
Office REITs 0.4% | |||||
Cousins Properties, Inc. | 1,768 | 40,558 | |||
Oil, Gas & Consumable Fuels 3.1% | |||||
Chord Energy Corp. | 908 | 160,698 | |||
Kosmos Energy Ltd. (Ghana)* | 14,595 | 82,753 | |||
Northern Oil & Gas, Inc. | 705 | 28,757 | |||
272,208 | |||||
Personal Care Products 0.5% | |||||
elf Beauty, Inc.* | 259 | 42,095 | |||
Pharmaceuticals 1.8% | |||||
Prestige Consumer Healthcare, Inc.* | 1,278 | 91,709 | |||
Tarsus Pharmaceuticals, Inc.* | 1,324 | 41,613 | |||
Verona Pharma PLC (United Kingdom), ADR* | 1,557 | 24,056 | |||
157,378 | |||||
Professional Services 1.7% | |||||
Huron Consulting Group, Inc.* | 682 | 63,590 | |||
Korn Ferry | 1,123 | 68,189 | |||
UL Solutions, Inc. (Class A Stock)* | 473 | 16,602 | |||
148,381 | |||||
Real Estate Management & Development 0.4% | |||||
Marcus & Millichap, Inc. | 1,014 | 32,113 |
5
PGIM Jennison Small-Cap Core Equity Fund
Schedule of Investments (unaudited) (continued)
as of April 30, 2024
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Residential REITs 2.0% | |||||
Independence Realty Trust, Inc. | 6,544 | $103,199 | |||
UMH Properties, Inc. | 4,442 | 70,717 | |||
173,916 | |||||
Retail REITs 1.0% | |||||
Retail Opportunity Investments Corp. | 3,096 | 37,988 | |||
Urban Edge Properties | 3,004 | 50,257 | |||
88,245 | |||||
Semiconductors & Semiconductor Equipment 5.4% | |||||
Credo Technology Group Holding Ltd.* | 3,107 | 55,522 | |||
Impinj, Inc.* | 447 | 71,243 | |||
MACOM Technology Solutions Holdings, Inc.* | 1,043 | 106,334 | |||
MaxLinear, Inc.* | 1,738 | 36,133 | |||
SiTime Corp.* | 582 | 51,868 | |||
Tower Semiconductor Ltd. (Israel)* | 3,845 | 126,385 | |||
Universal Display Corp. | 195 | 30,806 | |||
478,291 | |||||
Software 7.6% | |||||
Clear Secure, Inc. (Class A Stock) | 388 | 6,779 | |||
Descartes Systems Group, Inc. (The) (Canada)* | 514 | 47,694 | |||
DoubleVerify Holdings, Inc.* | 1,051 | 30,794 | |||
Intapp, Inc.* | 2,543 | 78,630 | |||
LiveRamp Holdings, Inc.* | 1,829 | 58,729 | |||
Q2 Holdings, Inc.* | 3,208 | 164,859 | |||
Riskified Ltd. (Class A Stock)* | 5,207 | 26,816 | |||
Sprout Social, Inc. (Class A Stock)* | 2,883 | 145,447 | |||
Varonis Systems, Inc.* | 2,542 | 111,213 | |||
670,961 | |||||
Specialized REITs 1.0% | |||||
National Storage Affiliates Trust | 2,625 | 91,980 | |||
Specialty Retail 1.7% | |||||
Boot Barn Holdings, Inc.* | 577 | 61,433 | |||
Citi Trends, Inc.* | 1,216 | 26,071 |
6
PGIM Jennison Small-Cap Core Equity Fund
Schedule of Investments (unaudited) (continued)
as of April 30, 2024
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Specialty Retail (cont’d.) | |||||
Foot Locker, Inc. | 1,228 | $25,604 | |||
Warby Parker, Inc. (Class A Stock)* | 3,341 | 39,223 | |||
152,331 | |||||
Textiles, Apparel & Luxury Goods 0.7% | |||||
Kontoor Brands, Inc. | 1,046 | 64,915 | |||
Trading Companies & Distributors 0.9% | |||||
Herc Holdings, Inc. | 540 | 77,236 | |||
Total Long-Term Investments (cost $6,576,267) | 8,428,267 | ||||
Short-Term Investment 3.9% | |||||
Affiliated Mutual Fund | |||||
PGIM Core Government Money Market Fund (7-day effective yield 5.540%) (cost $345,517)(wb) | 345,517 | 345,517 | |||
TOTAL INVESTMENTS 99.0% (cost $6,921,784) | 8,773,784 | ||||
Other assets in excess of liabilities 1.0% | 84,430 | ||||
Net Assets 100.0% | $8,858,214 |
Below is a list of the abbreviation(s) used in the quarterly schedule of portfolio holdings: |
ADR—American Depositary Receipt | |
REITs—Real Estate Investment Trust |
* | Non-income producing security. |
(wb) | Represents an investment in a Fund affiliated with the Manager. |
Other information regarding the Fund is available in the Fund’s most recent Report to Shareholders. This information is available on the Securities and Exchange Commission’s website (www.sec.gov).
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