PGIM Quant Solutions International Equity Fund
Schedule of Investments as of January 31,
2023 (unaudited)
Description | Shares | Value | |||
Long-Term Investments 97.5% | |||||
Common Stocks 95.0% | |||||
Australia 5.1% | |||||
ANZ Group Holdings Ltd. | 23,532 | $418,785 | |||
Aristocrat Leisure Ltd. | 31,410 | 758,340 | |||
BHP Group Ltd. | 61,308 | 2,147,138 | |||
BlueScope Steel Ltd. | 17,635 | 240,480 | |||
Commonwealth Bank of Australia | 4,100 | 320,055 | |||
Fortescue Metals Group Ltd. | 50,148 | 792,116 | |||
Glencore PLC | 86,620 | 580,084 | |||
Goodman Group, REIT | 81,185 | 1,157,989 | |||
Helia Group Ltd. | 486,518 | 964,568 | |||
Iluka Resources Ltd. | 14,500 | 111,573 | |||
JB Hi-Fi Ltd. | 15,765 | 542,041 | |||
Macquarie Group Ltd. | 4,335 | 578,328 | |||
Pilbara Minerals Ltd.* | 26,080 | 88,722 | |||
Rio Tinto Ltd. | 3,134 | 281,237 | |||
Sonic Healthcare Ltd. | 24,446 | 547,531 | |||
West African Resources Ltd.* | 297,147 | 235,470 | |||
Whitehaven Coal Ltd. | 30,625 | 182,101 | |||
WiseTech Global Ltd. | 4,005 | 173,655 | |||
Woolworths Group Ltd. | 4,704 | 120,222 | |||
10,240,435 | |||||
Belgium 0.2% | |||||
Solvay SA | 1,715 | 199,852 | |||
Tessenderlo Group SA* | 3,385 | 119,706 | |||
319,558 | |||||
Brazil 2.2% | |||||
Banco do Brasil SA | 156,200 | 1,256,357 | |||
BB Seguridade Participacoes SA | 75,000 | 559,512 | |||
Centrais Eletricas Brasileiras SA | 8,800 | 70,486 | |||
Cia de Saneamento do Parana, UTS | 54,900 | 186,991 | |||
CPFL Energia SA | 42,000 | 275,350 | |||
Marfrig Global Foods SA | 53,100 | 80,859 | |||
Petroleo Brasileiro SA | 33,100 | 192,290 | |||
Suzano SA | 49,400 | 452,028 | |||
Vale SA | 23,200 | 433,626 | |||
WEG SA | 26,000 | 196,320 | |||
Yara International ASA | 15,792 | 701,659 | |||
4,405,478 |
1
PGIM Quant Solutions International Equity Fund
Schedule of Investments as of January 31,
2023 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Canada 6.1% | |||||
Alimentation Couche-Tard, Inc. | 12,700 | $579,950 | |||
ARC Resources Ltd. | 5,800 | 67,392 | |||
Aritzia, Inc.* | 29,200 | 1,053,180 | |||
Artis Real Estate Investment Trust, REIT | 69,200 | 494,081 | |||
Brookfield Asset Management Ltd. (Class A Stock)* | 4,050 | 132,225 | |||
Canadian Natural Resources Ltd. | 9,600 | 589,254 | |||
Canfor Corp.* | 11,900 | 225,470 | |||
CGI, Inc.* | 13,500 | 1,157,070 | |||
CI Financial Corp. | 17,100 | 203,959 | |||
Dollarama, Inc. | 6,200 | 370,774 | |||
ECN Capital Corp. | 134,000 | 294,074 | |||
Element Fleet Management Corp. | 69,500 | 982,000 | |||
Fairfax Financial Holdings Ltd. | 1,500 | 993,052 | |||
George Weston Ltd. | 6,500 | 836,199 | |||
Imperial Oil Ltd. | 9,600 | 524,679 | |||
Loblaw Cos. Ltd. | 12,900 | 1,155,672 | |||
Nutrien Ltd. | 1,500 | 124,167 | |||
Royal Bank of Canada | 1,500 | 153,500 | |||
Russel Metals, Inc. | 6,100 | 148,586 | |||
Suncor Energy, Inc. | 43,000 | 1,492,420 | |||
TMX Group Ltd. | 800 | 78,849 | |||
Toronto-Dominion Bank (The) | 10,500 | 726,489 | |||
12,383,042 | |||||
Chile 0.0% | |||||
Cencosud SA | 53,740 | 96,559 | |||
China 8.2% | |||||
Alibaba Group Holding Ltd.* | 38,800 | 533,448 | |||
Bank of Communications Co. Ltd. (Class H Stock) | 224,000 | 138,454 | |||
Bank of Jiangsu Co. Ltd. (Class A Stock) | 265,700 | 292,635 | |||
Bank of Nanjing Co. Ltd. (Class A Stock) | 184,000 | 283,294 | |||
Bank of Shanghai Co. Ltd. (Class A Stock) | 315,700 | 280,338 | |||
Beijing Enterprises Holdings Ltd. | 30,000 | 101,874 | |||
BYD Co. Ltd. (Class H Stock) | 44,000 | 1,393,372 | |||
China BlueChemical Ltd. (Class H Stock) | 1,792,000 | 492,625 | |||
China CITIC Bank Corp. Ltd. (Class H Stock) | 402,000 | 193,945 | |||
China Construction Bank Corp. (Class H Stock) | 787,000 | 509,418 | |||
China Medical System Holdings Ltd. | 386,000 | 666,320 | |||
China Merchants Bank Co. Ltd. (Class H Stock) | 17,500 | 113,507 | |||
China Shenhua Energy Co. Ltd. (Class H Stock) | 272,000 | 846,633 | |||
China Tower Corp. Ltd. (Class H Stock), 144A | 2,296,000 | 260,874 | |||
Chlitina Holding Ltd. | 105,000 | 782,623 |
2
PGIM Quant Solutions International Equity Fund
Schedule of Investments as of January 31,
2023 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
China (cont’d.) | |||||
Chongqing Rural Commercial Bank Co. Ltd. (Class A Stock) | 360,000 | $191,599 | |||
CITIC Ltd. | 926,000 | 1,083,580 | |||
COSCO SHIPPING Holdings Co. Ltd. (Class H Stock) | 152,300 | 157,978 | |||
CSPC Pharmaceutical Group Ltd. | 84,000 | 95,777 | |||
Greentown Management Holdings Co. Ltd., 144A | 340,000 | 280,873 | |||
Hello Group, Inc., ADR | 26,600 | 272,650 | |||
Henan Shenhuo Coal & Power Co. Ltd. (Class A Stock) | 29,400 | 76,703 | |||
Industrial Bank Co. Ltd. (Class A Stock) | 119,500 | 312,822 | |||
Inner Mongolia Yitai Coal Co. Ltd. (Class B Stock) | 52,000 | 78,154 | |||
KE Holdings, Inc., ADR* | 35,400 | 649,236 | |||
Meituan (Class B Stock), 144A* | 1,990 | 44,488 | |||
NetEase, Inc. | 17,400 | 308,713 | |||
PICC Property & Casualty Co. Ltd. (Class H Stock) | 248,000 | 233,158 | |||
Pinduoduo, Inc., ADR* | 18,200 | 1,783,236 | |||
Ping An Bank Co. Ltd. (Class A Stock) | 149,000 | 332,211 | |||
Shaanxi Coal Industry Co. Ltd. (Class A Stock) | 95,300 | 276,439 | |||
Shanghai Pudong Development Bank Co. Ltd. (Class A Stock) | 278,723 | 304,640 | |||
Shanghai Rural Commercial Bank Co. Ltd. (Class A Stock) | 180,900 | 158,520 | |||
Shanxi Lu’an Environmental Energy Development Co. Ltd. (Class A Stock) | 33,600 | 98,757 | |||
SITC International Holdings Co. Ltd. | 26,000 | 56,800 | |||
TBEA Co. Ltd. (Class A Stock) | 51,800 | 163,947 | |||
Tencent Holdings Ltd. | 21,300 | 1,037,926 | |||
Tencent Music Entertainment Group, ADR* | 29,600 | 248,344 | |||
Vipshop Holdings Ltd., ADR* | 7,200 | 111,384 | |||
Wilmar International Ltd. | 385,200 | 1,197,596 | |||
Xiamen C & D, Inc. (Class A Stock) | 101,400 | 199,708 | |||
Yankuang Energy Group Co. Ltd. (Class H Stock) | 16,000 | 51,457 | |||
16,696,056 | |||||
Denmark 1.6% | |||||
AP Moller - Maersk A/S (Class B Stock) | 546 | 1,187,710 | |||
D/S Norden A/S | 3,799 | 204,787 | |||
Novo Nordisk A/S (Class B Stock) | 9,442 | 1,306,677 | |||
Scandinavian Tobacco Group A/S, 144A | 25,822 | 448,792 | |||
3,147,966 | |||||
Finland 1.2% | |||||
Kesko OYJ (Class B Stock) | 3,540 | 82,459 | |||
Nordea Bank Abp | 88,963 | 1,040,012 | |||
Sampo OYJ (Class A Stock) | 24,996 | 1,312,277 | |||
2,434,748 |
3
PGIM Quant Solutions International Equity Fund
Schedule of Investments as of January 31,
2023 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
France 6.7% | |||||
AXA SA | 22,164 | $691,495 | |||
Capgemini SE | 5,874 | 1,114,800 | |||
Coface SA | 34,576 | 483,472 | |||
Dassault Systemes SE | 22,889 | 851,262 | |||
Edenred | 3,223 | 175,555 | |||
Engie SA | 99,678 | 1,415,415 | |||
Hermes International | 905 | 1,693,715 | |||
Ipsen SA | 7,043 | 739,762 | |||
IPSOS | 2,168 | 140,503 | |||
Klepierre SA, REIT* | 7,540 | 191,368 | |||
L’Oreal SA | 533 | 220,082 | |||
LVMH Moet Hennessy Louis Vuitton SE | 2,236 | 1,951,973 | |||
Publicis Groupe SA | 19,555 | 1,379,403 | |||
Sanofi | 21,641 | 2,119,184 | |||
Vinci SA | 4,266 | 482,014 | |||
13,650,003 | |||||
Georgia 0.1% | |||||
Bank of Georgia Group PLC | 5,808 | 191,582 | |||
Germany 4.2% | |||||
AURELIUS Equity Opportunities SE & Co. KGaA | 4,239 | 72,624 | |||
Bayer AG | 14,740 | 917,490 | |||
Daimler Truck Holding AG* | 32,609 | 1,095,781 | |||
Deutsche Bank AG | 103,160 | 1,376,745 | |||
Deutsche Telekom AG | 42,629 | 949,723 | |||
E.ON SE | 126,081 | 1,374,649 | |||
Infineon Technologies AG | 38,160 | 1,374,159 | |||
Merck KGaA | 6,537 | 1,364,457 | |||
8,525,628 | |||||
Greece 0.1% | |||||
Eurobank Ergasias Services and Holdings SA* | 78,880 | 107,030 | |||
Hong Kong 1.1% | |||||
HKT Trust & HKT Ltd. | 56,000 | 73,370 | |||
Jardine Matheson Holdings Ltd. | 21,500 | 1,142,845 | |||
Orient Overseas International Ltd. | 14,500 | 241,031 | |||
WH Group Ltd., 144A | 1,223,000 | 753,203 | |||
2,210,449 |
4
PGIM Quant Solutions International Equity Fund
Schedule of Investments as of January 31,
2023 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
India 4.1% | |||||
Bharat Electronics Ltd. | 63,780 | $74,211 | |||
Cipla Ltd. | 4,640 | 57,841 | |||
Coal India Ltd. | 109,010 | 300,904 | |||
GAIL India Ltd. | 622,608 | 726,184 | |||
HCL Technologies Ltd. | 81,839 | 1,128,528 | |||
Hindalco Industries Ltd. | 30,775 | 177,640 | |||
Infosys Ltd. | 52,710 | 992,809 | |||
ITC Ltd. | 76,264 | 329,126 | |||
Mahindra & Mahindra Ltd. | 34,312 | 579,995 | |||
National Aluminium Co. Ltd. | 97,975 | 100,542 | |||
NTPC Ltd. | 389,699 | 816,213 | |||
Page Industries Ltd. | 313 | 153,406 | |||
Power Grid Corp. of India Ltd. | 420,298 | 1,115,364 | |||
Sun Pharmaceutical Industries Ltd. | 41,444 | 524,740 | |||
Tata Consultancy Services Ltd. | 2,444 | 100,873 | |||
Tata Steel Ltd. | 766,151 | 1,128,342 | |||
Vedanta Ltd. | 20,539 | 83,921 | |||
8,390,639 | |||||
Indonesia 0.5% | |||||
Adaro Energy Indonesia Tbk PT | 260,000 | 51,518 | |||
Astra International Tbk PT | 984,100 | 395,364 | |||
Bank Mandiri Persero Tbk PT | 132,000 | 87,956 | |||
First Pacific Co. Ltd. | 902,000 | 314,558 | |||
Indo Tambangraya Megah Tbk PT | 30,000 | 72,573 | |||
921,969 | |||||
Israel 1.1% | |||||
Bank Leumi Le-Israel BM | 128,108 | 1,132,139 | |||
Bezeq The Israeli Telecommunication Corp. Ltd. | 504,028 | 835,282 | |||
Check Point Software Technologies Ltd.* | 1,500 | 190,800 | |||
2,158,221 | |||||
Italy 1.0% | |||||
Eni SpA | 96,357 | 1,482,764 | |||
Ferrari NV | 1,120 | 279,870 | |||
Poste Italiane SpA, 144A | 25,720 | 274,794 | |||
2,037,428 | |||||
Japan 11.5% | |||||
Adventure, Inc. | 1,100 | 88,248 |
5
PGIM Quant Solutions International Equity Fund
Schedule of Investments as of January 31,
2023 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Japan (cont’d.) | |||||
Astellas Pharma, Inc. | 20,000 | $294,403 | |||
BML, Inc. | 7,000 | 174,064 | |||
Chugai Pharmaceutical Co. Ltd. | 43,300 | 1,122,556 | |||
Citizen Watch Co. Ltd. | 21,600 | 102,764 | |||
Cosmo Energy Holdings Co. Ltd. | 3,100 | 86,936 | |||
Dentsu Group, Inc. | 2,100 | 67,639 | |||
DMG Mori Co. Ltd. | 41,400 | 632,353 | |||
Fast Retailing Co. Ltd. | 800 | 485,888 | |||
Financial Partners Group Co. Ltd. | 12,400 | 101,509 | |||
Fujikura Ltd. | 60,600 | 460,642 | |||
Fuyo General Lease Co. Ltd. | 1,500 | 103,091 | |||
GungHo Online Entertainment, Inc. | 29,400 | 489,964 | |||
H.U. Group Holdings, Inc. | 3,600 | 76,410 | |||
Hitachi Construction Machinery Co. Ltd. | 8,700 | 205,175 | |||
Hitachi Ltd. | 7,400 | 388,074 | |||
Honda Motor Co. Ltd. | 30,800 | 761,885 | |||
Information Services International-Dentsu Ltd. | 5,400 | 178,893 | |||
Invincible Investment Corp., REIT | 252 | 107,471 | |||
IR Japan Holdings Ltd. | 7,200 | 101,497 | |||
ITOCHU Corp. | 9,300 | 300,593 | |||
J Trust Co. Ltd. | 26,000 | 114,196 | |||
Japan Post Holdings Co. Ltd. | 11,600 | 101,842 | |||
Japan Steel Works Ltd. (The) | 4,100 | 87,346 | |||
Japan Tobacco, Inc. | 57,800 | 1,178,653 | |||
Kobe Steel Ltd. | 19,600 | 105,596 | |||
Komatsu Ltd. | 46,400 | 1,140,255 | |||
Koshidaka Holdings Co. Ltd. | 31,200 | 225,913 | |||
Macnica Holdings, Inc. | 3,400 | 90,361 | |||
Makino Milling Machine Co. Ltd. | 2,800 | 100,514 | |||
Marubeni Corp. | 114,700 | 1,407,207 | |||
Mitsubishi Corp. | 36,700 | 1,228,935 | |||
Mitsubishi Motors Corp.* | 61,200 | 235,798 | |||
MIXI, Inc. | 15,000 | 287,787 | |||
Mizuno Corp. | 3,600 | 81,682 | |||
Nintendo Co. Ltd. | 1,600 | 69,373 | |||
Nippon Steel Corp. | 61,400 | 1,278,025 | |||
NTT Data Corp. | 70,200 | 1,088,899 | |||
OKUMA Corp. | 2,700 | 109,439 | |||
Ono Pharmaceutical Co. Ltd. | 3,000 | 65,096 | |||
Oriental Land Co. Ltd. | 8,300 | 1,382,946 | |||
ORIX Corp. | 69,400 | 1,220,259 | |||
Pacific Metals Co. Ltd. | 18,200 | 280,990 | |||
Renesas Electronics Corp.* | 51,200 | 526,648 | |||
Seiko Epson Corp. | 41,000 | 635,828 |
6
PGIM Quant Solutions International Equity Fund
Schedule of Investments as of January 31,
2023 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Japan (cont’d.) | |||||
Shin-Etsu Chemical Co. Ltd. | 3,100 | $457,012 | |||
Subaru Corp. | 5,000 | 82,158 | |||
SUMCO Corp. | 71,800 | 1,063,844 | |||
Sumitomo Corp. | 79,500 | 1,427,019 | |||
Suzuki Motor Corp. | 10,200 | 382,420 | |||
Takeuchi Manufacturing Co. Ltd. | 5,000 | 110,662 | |||
TIS, Inc. | 2,600 | 74,972 | |||
Toyota Motor Corp. | 13,665 | 200,680 | |||
Transcosmos, Inc. | 3,000 | 78,318 | |||
23,250,728 | |||||
Kuwait 0.2% | |||||
Humansoft Holding Co. KSC | 15,331 | 170,632 | |||
Mobile Telecommunications Co. KSCP | 84,090 | 152,965 | |||
323,597 | |||||
Luxembourg 0.0% | |||||
Eurofins Scientific SE | 1,051 | 75,388 | |||
Malaysia 0.6% | |||||
Petronas Chemicals Group Bhd | 503,600 | 988,285 | |||
Telekom Malaysia Bhd | 137,300 | 168,430 | |||
1,156,715 | |||||
Netherlands 4.4% | |||||
ABN AMRO Bank NV, 144A, CVA | 6,080 | 100,913 | |||
Arcadis NV | 5,125 | 222,530 | |||
ASML Holding NV | 1,944 | 1,286,243 | |||
Heineken Holding NV | 1,000 | 82,566 | |||
Heineken NV | 2,109 | 210,771 | |||
ING Groep NV | 56,147 | 813,023 | |||
Koninklijke Ahold Delhaize NV | 50,420 | 1,504,884 | |||
NN Group NV | 24,552 | 1,066,737 | |||
OCI NV | 1,720 | 58,550 | |||
Randstad NV | 1,260 | 80,764 | |||
Shell PLC | 78,203 | 2,295,867 | |||
Wolters Kluwer NV | 10,938 | 1,192,494 | |||
8,915,342 | |||||
New Zealand 0.0% | |||||
Spark New Zealand Ltd. | 27,980 | 94,341 |
7
PGIM Quant Solutions International Equity Fund
Schedule of Investments as of January 31,
2023 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Nigeria 0.1% | |||||
Airtel Africa PLC, 144A | 88,066 | $127,138 | |||
Norway 1.5% | |||||
DNB Bank ASA | 59,436 | 1,111,427 | |||
Elkem ASA, 144A* | 117,760 | 417,129 | |||
Equinor ASA | 38,143 | 1,162,471 | |||
Gjensidige Forsikring ASA | 3,580 | 64,345 | |||
Kongsberg Gruppen ASA | 2,325 | 92,562 | |||
Mowi ASA | 3,240 | 59,913 | |||
Norsk Hydro ASA | 11,020 | 89,349 | |||
Orkla ASA | 9,360 | 69,879 | |||
3,067,075 | |||||
Peru 0.0% | |||||
Credicorp Ltd. | 500 | 67,150 | |||
Qatar 0.6% | |||||
Industries Qatar QSC | 228,480 | 885,223 | |||
Ooredoo QPSC | 119,034 | 292,484 | |||
1,177,707 | |||||
Russia 0.0% | |||||
Inter RAO UES PJSC^ | 13,660,000 | 19 | |||
LUKOIL PJSC^ | 14,283 | — | |||
Polyus PJSC*^ | 1,450 | — | |||
Rosneft Oil Co. PJSC^ | 155,425 | — | |||
Sberbank of Russia PJSC*^ | 366,709 | 1 | |||
20 | |||||
Saudi Arabia 0.7% | |||||
SABIC Agri-Nutrients Co. | 26,782 | 981,966 | |||
Saudi Telecom Co. | 44,748 | 441,627 | |||
1,423,593 | |||||
Singapore 2.1% | |||||
DBS Group Holdings Ltd. | 64,300 | 1,760,294 | |||
Oversea-Chinese Banking Corp. Ltd. | 128,800 | 1,272,590 | |||
STMicroelectronics NV | 25,806 | 1,215,162 | |||
4,248,046 |
8
PGIM Quant Solutions International Equity Fund
Schedule of Investments as of January 31,
2023 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
South Africa 0.2% | |||||
African Rainbow Minerals Ltd. | 5,680 | $93,144 | |||
Anglo American Platinum Ltd. | 2,280 | 169,566 | |||
Sasol Ltd. | 7,752 | 140,829 | |||
Sibanye Stillwater Ltd. | 34,200 | 90,399 | |||
493,938 | |||||
South Korea 4.9% | |||||
BH Co. Ltd. | 3,900 | 65,513 | |||
BNK Financial Group, Inc. | 23,523 | 135,702 | |||
Cheil Worldwide, Inc. | 18,513 | 330,841 | |||
DB Insurance Co. Ltd. | 12,339 | 657,562 | |||
Doosan Bobcat, Inc. | 3,040 | 86,270 | |||
GOLFZON Co. Ltd.* | 962 | 110,751 | |||
GS Holdings Corp. | 4,817 | 173,088 | |||
Hana Financial Group, Inc. | 36,077 | 1,433,239 | |||
Hyundai Mobis Co. Ltd. | 5,352 | 894,893 | |||
Kia Corp. | 21,889 | 1,192,556 | |||
LG Energy Solution Ltd.* | 240 | 102,084 | |||
LG Innotek Co. Ltd. | 4,128 | 919,673 | |||
MegaStudyEdu Co. Ltd. | 5,911 | 358,641 | |||
POSCO Holdings, Inc. | 5,676 | 1,394,746 | |||
Samsung C&T Corp. | 780 | 75,334 | |||
Samsung Electronics Co. Ltd. | 17,996 | 896,385 | |||
Samsung Fire & Marine Insurance Co. Ltd. | 868 | 143,122 | |||
SD Biosensor, Inc. | 6,750 | 157,629 | |||
Shinhan Financial Group Co. Ltd. | 16,000 | 541,030 | |||
Woori Financial Group, Inc. | 17,655 | 184,156 | |||
9,853,215 | |||||
Spain 0.7% | |||||
Endesa SA | 4,105 | 81,840 | |||
Industria de Diseno Textil SA | 45,381 | 1,416,832 | |||
1,498,672 | |||||
Sweden 1.9% | |||||
Atlas Copco AB (Class A Stock) | 21,655 | 256,960 | |||
Atlas Copco AB (Class B Stock) | 14,008 | 147,751 | |||
Epiroc AB (Class A Stock) | 4,600 | 89,501 | |||
Evolution AB, 144A | 1,408 | 158,247 | |||
Investor AB (Class A Stock) | 4,011 | 80,054 | |||
Nibe Industrier AB (Class B Stock) | 8,525 | 92,106 | |||
Scandic Hotels Group AB, 144A* | 26,675 | 98,337 |
9
PGIM Quant Solutions International Equity Fund
Schedule of Investments as of January 31,
2023 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Sweden (cont’d.) | |||||
Securitas AB (Class B Stock) | 7,680 | $70,299 | |||
Skandinaviska Enskilda Banken AB (Class A Stock) | 43,415 | 525,574 | |||
SSAB AB (Class A Stock) | 12,800 | 91,490 | |||
Swedbank AB (Class A Stock) | 52,283 | 1,005,738 | |||
Volvo AB (Class B Stock) | 62,470 | 1,239,625 | |||
3,855,682 | |||||
Switzerland 2.8% | |||||
Bucher Industries AG | 530 | 241,503 | |||
Cie Financiere Richemont SA (Class A Stock) | 11,181 | 1,723,633 | |||
Kuehne + Nagel International AG | 3,431 | 818,145 | |||
Novartis AG | 18,033 | 1,630,347 | |||
UBS Group AG | 27,492 | 586,828 | |||
Zurich Insurance Group AG | 1,155 | 571,181 | |||
5,571,637 | |||||
Taiwan 4.4% | |||||
Compeq Manufacturing Co. Ltd. | 494,000 | 755,944 | |||
Delta Electronics, Inc. | 46,000 | 446,083 | |||
Evergreen Marine Corp. Taiwan Ltd. | 134,000 | 684,571 | |||
Fubon Financial Holding Co. Ltd. | 142,000 | 286,000 | |||
Gold Circuit Electronics Ltd. | 155,600 | 456,183 | |||
Hon Hai Precision Industry Co. Ltd. | 104,000 | 346,812 | |||
Taita Chemical Co. Ltd. | 125,130 | 94,642 | |||
Taiwan Semiconductor Manufacturing Co. Ltd. | 234,000 | 4,129,351 | |||
Unimicron Technology Corp. | 12,000 | 55,248 | |||
United Microelectronics Corp.* | 783,000 | 1,281,337 | |||
Yang Ming Marine Transport Corp. | 171,000 | 359,162 | |||
8,895,333 | |||||
Thailand 0.3% | |||||
AP Thailand PCL | 432,400 | 156,316 | |||
Bumrungrad Hospital PCL | 40,500 | 266,914 | |||
Chularat Hospital PCL | 744,400 | 90,315 | |||
513,545 | |||||
Turkey 2.0% | |||||
Haci Omer Sabanci Holding A/S | 540,195 | 1,123,563 | |||
KOC Holding A/S | 147,500 | 601,369 | |||
Koza Anadolu Metal Madencilik Isletmeleri A/S* | 367,966 | 1,041,291 | |||
Mavi Giyim Sanayi Ve Ticaret A/S (Class B Stock), 144A | 22,420 | 138,572 |
10
PGIM Quant Solutions International Equity Fund
Schedule of Investments as of January 31,
2023 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Turkey (cont’d.) | |||||
Turk Hava Yollari AO* | 63,755 | $467,428 | |||
Turkcell Iletisim Hizmetleri A/S | 58,080 | 112,583 | |||
Turkiye Is Bankasi A/S (Class C Stock) | 1,113,648 | 645,929 | |||
4,130,735 | |||||
United Arab Emirates 0.4% | |||||
Emaar Properties PJSC | 542,284 | 824,010 | |||
United Kingdom 7.9% | |||||
3i Group PLC | 64,071 | 1,250,009 | |||
Ashtead Group PLC | 18,775 | 1,236,687 | |||
AstraZeneca PLC | 3,469 | 454,482 | |||
BAE Systems PLC | 25,760 | 272,697 | |||
Barclays PLC | 665,522 | 1,529,897 | |||
British American Tobacco PLC | 43,955 | 1,684,963 | |||
Burberry Group PLC | 3,560 | 108,441 | |||
Compass Group PLC | 15,334 | 366,299 | |||
Greggs PLC | 6,838 | 228,334 | |||
Imperial Brands PLC | 56,338 | 1,413,309 | |||
Informa PLC | 12,213 | 101,011 | |||
Investec PLC | 13,455 | 86,051 | |||
JD Sports Fashion PLC | 219,354 | 442,135 | |||
Lloyds Banking Group PLC | 2,378,872 | 1,548,159 | |||
NatWest Group PLC | 341,198 | 1,301,691 | |||
Reckitt Benckiser Group PLC | 5,922 | 422,007 | |||
Safestore Holdings PLC, REIT | 23,861 | 297,110 | |||
Smiths Group PLC | 8,755 | 186,893 | |||
SSE PLC | 12,483 | 266,446 | |||
Unilever PLC | 30,921 | 1,573,852 | |||
WPP PLC | 105,496 | 1,232,588 | |||
16,003,061 | |||||
United States 4.3% | |||||
Computershare Ltd. | 4,326 | 72,858 | |||
GSK PLC | 87,086 | 1,529,669 | |||
Haleon PLC* | 67,548 | 270,691 | |||
Inmode Ltd.* | 7,000 | 245,350 | |||
JBS SA | 195,200 | 774,447 | |||
Nestle SA | 13,850 | 1,689,825 |
11
PGIM Quant Solutions International Equity Fund
Schedule of Investments as of January 31,
2023 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
United States (cont’d.) | |||||
Roche Holding AG | 9,012 | $2,813,280 | |||
Stellantis NV | 88,724 | 1,394,829 | |||
8,790,949 | |||||
Total Common Stocks (cost $180,381,509) | 192,274,408 | ||||
Exchange-Traded Fund 1.0% | |||||
United States | |||||
iShares MSCI EAFE ETF(a) (cost $1,573,224) | 27,000 | 1,931,850 | |||
Preferred Stocks 1.5% | |||||
Brazil 1.2% | |||||
Cia Energetica de Minas Gerais (PRFC) | 389,469 | 883,082 | |||
Gerdau SA (PRFC) | 58,000 | 375,903 | |||
Petroleo Brasileiro SA (PRFC) | 215,200 | 1,109,851 | |||
2,368,836 | |||||
Germany 0.1% | |||||
Dr. Ing. h.c. F. Porsche AG (PRFC)* | 910 | 108,198 | |||
Porsche Automobil Holding SE (PRFC) | 3,538 | 211,561 | |||
319,759 | |||||
South Korea 0.2% | |||||
Samsung Electronics Co. Ltd. (PRFC) | 7,571 | 339,742 | |||
Total Preferred Stocks (cost $2,508,036) | 3,028,337 | ||||
Total Long-Term Investments (cost $184,462,769) | 197,234,595 | ||||
Short-Term Investments 2.7% | |||||
Affiliated Mutual Fund 0.9% | |||||
PGIM Institutional Money Market Fund (cost $1,889,725; includes $1,887,600 of cash collateral for securities on loan)(b)(we) | 1,890,292 | 1,889,914 |
12
PGIM Quant Solutions International Equity Fund
Schedule of Investments as of January 31,
2023 (unaudited) (continued)
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
U.S. Treasury Obligation(k)(n) 0.4% | |||||
U.S. Treasury Bills (cost $795,968) | 4.260 % | 03/16/23 | 800 | $795,734 |
Shares | |||||||
Unaffiliated Fund 1.4% | |||||||
Dreyfus Government Cash Management (Institutional Shares) (cost $2,804,651) | 2,804,651 | 2,804,651 | |||||
Total Short-Term Investments (cost $5,490,344) | 5,490,299 | ||||||
TOTAL INVESTMENTS 100.2% (cost $189,953,113) | 202,724,894 | ||||||
Liabilities in excess of other assets(z) (0.2)% | (333,466) | ||||||
Net Assets 100.0% | $202,391,428 |
Below is a list of the abbreviation(s) used in the quarterly schedule of portfolio holdings: |
144A—Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and, pursuant to the requirements of Rule 144A, may not be resold except to qualified institutional buyers. | |
ADR—American Depositary Receipt | |
CVA—Certificate Van Aandelen (Bearer) | |
EAFE—Europe, Australasia, Far East | |
ETF—Exchange-Traded Fund | |
MSCI—Morgan Stanley Capital International | |
PJSC—Public Joint-Stock Company | |
PRFC—Preference Shares | |
REITs—Real Estate Investment Trust | |
UTS—Unit Trust Security |
* | Non-income producing security. |
# | Principal amount is shown in U.S. dollars unless otherwise stated. |
^ | Indicates a Level 3 instrument. The aggregate value of Level 3 instruments is $20 and 0.0% of net assets. |
(a) | All or a portion of security is on loan. The aggregate market value of such securities, including those sold and pending settlement, is $1,860,300; cash collateral of $1,887,600 (included in liabilities) was received with which the Fund purchased highly liquid short-term investments. In the event of significant appreciation in value of securities on loan on the last business day of the reporting period, the Fund may reflect a collateral value that is less than the market value of the loaned securities and such shortfall is remedied the following business day. |
(b) | Represents security, or portion thereof, purchased with cash collateral received for securities on loan and includes dividend reinvestment. |
(k) | Represents security, or a portion thereof, segregated as collateral for centrally cleared/exchange-traded derivatives. |
(n) | Rate shown reflects yield to maturity at purchased date. |
(we) | PGIM Investments LLC, the manager of the Fund, also serves as manager of the PGIM Institutional Money Market Fund. |
(z) | Includes net unrealized appreciation/(depreciation) and/or market value of the below holdings which are excluded from the Schedule of Investments: |
13
PGIM Quant Solutions International Equity Fund
Schedule of Investments as of January 31,
2023 (unaudited) (continued)
Futures contracts outstanding at January 31, 2023: | ||||||||
Number of Contracts | Type | Expiration Date | Current Notional Amount | Value / Unrealized Appreciation (Depreciation) | ||||
Long Positions: | ||||||||
37 | Mini MSCI EAFE Index | Mar. 2023 | $3,920,150 | $258,899 | ||||
35 | Mini MSCI Emerging Markets Index | Mar. 2023 | 1,828,050 | 80,977 | ||||
$339,876 |
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).
14