VCA-2
Schedule of Investments (unaudited)
as of September 30, 2020
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Description | | Shares | | | Value | |
LONG-TERM INVESTMENTS — 98.4% | | | | | | | | |
COMMON STOCKS | | | | | | | | |
Aerospace & Defense — 1.6% | | | | | | | | |
Northrop Grumman Corp. | | | 4,711 | | | $ | 1,486,273 | |
Raytheon Technologies Corp. | | | 35,562 | | | | 2,046,238 | |
| | | | | | | | |
| | | | | | | 3,532,511 | |
| | | | | | | | |
Air Freight & Logistics — 0.5% | | | | | | | | |
FedEx Corp. | | | 4,034 | | | | 1,014,632 | |
| | | | | | | | |
Automobiles — 3.7% | | | | | | | | |
General Motors Co. | | | 76,058 | | | | 2,250,556 | |
Tesla, Inc.* | | | 13,244 | | | | 5,681,809 | |
| | | | | | | | |
| | | | | | | 7,932,365 | |
| | | | | | | | |
Banks — 5.5% | | | | | | | | |
Bank of America Corp. | | | 105,326 | | | | 2,537,303 | |
Citigroup, Inc. | | | 34,946 | | | | 1,506,522 | |
JPMorgan Chase & Co. | | | 40,636 | | | | 3,912,028 | |
PNC Financial Services Group, Inc. (The) | | | 18,579 | | | | 2,042,018 | |
Truist Financial Corp. | | | 48,325 | | | | 1,838,766 | |
| | | | | | | | |
| | | | | | | 11,836,637 | |
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Beverages — 1.1% | | | | | | | | |
PepsiCo, Inc. | | | 17,042 | | | | 2,362,021 | |
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Biotechnology — 0.7% | | | | | | | | |
AbbVie, Inc. | | | 18,069 | | | | 1,582,664 | |
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Building Products — 1.3% | | | | | | | | |
Johnson Controls International PLC | | | 69,704 | | | | 2,847,408 | |
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Capital Markets — 1.2% | | | | | | | | |
Goldman Sachs Group, Inc. (The) | | | 13,569 | | | | 2,726,962 | |
| | | | | | | | |
Chemicals — 3.8% | | | | | | | | |
Dow, Inc. | | | 50,089 | | | | 2,356,688 | |
FMC Corp. | | | 23,230 | | | | 2,460,289 | |
Linde PLC (United Kingdom) | | | 14,586 | | | | 3,473,364 | |
| | | | | | | | |
| | | | | | | 8,290,341 | |
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Communications Equipment — 0.4% | | | | | | | | |
Cisco Systems, Inc. | | | 24,482 | | | | 964,346 | |
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Consumer Finance — 1.5% | | | | | | | | |
Capital One Financial Corp. | | | 25,352 | | | | 1,821,795 | |
SLM Corp. | | | 172,389 | | | | 1,394,627 | |
| | | | | | | | |
| | | | | | | 3,216,422 | |
| | | | | | | | |
Containers & Packaging — 0.9% | | | | | | | | |
Crown Holdings, Inc.* | | | 24,237 | | | | 1,862,856 | |
| | | | | | | | |
Diversified Telecommunication Services — 2.2% | | | | | | | | |
AT&T, Inc. | | | 50,527 | | | | 1,440,525 | |
Verizon Communications, Inc. | | | 56,087 | | | | 3,336,615 | |
| | | | | | | | |
| | | | | | | 4,777,140 | |
| | | | | | | | |
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Electric Utilities — 1.1% | | | | | | | | |
American Electric Power Co., Inc. | | | 30,505 | | | | 2,493,174 | |
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Electrical Equipment — 0.9% | | | | | | | | |
Emerson Electric Co. | | | 28,746 | | | | 1,884,875 | |
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Entertainment — 2.6% | | | | | | | | |
Netflix, Inc.* | | | 5,821 | | | | 2,910,675 | |
Walt Disney Co. (The) | | | 21,606 | | | | 2,680,872 | |
| | | | | | | | |
| | | | | | | 5,591,547 | |
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Equity Real Estate Investment Trusts (REITs) — 1.9% | | | | | | | | |
Alexandria Real Estate Equities, Inc. | | | 6,894 | | | | 1,103,040 | |
American Campus Communities, Inc. | | | 36,030 | | | | 1,258,168 | |
American Tower Corp. | | | 7,298 | | | | 1,764,145 | |
| | | | | | | | |
| | | | | | | 4,125,353 | |
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Food & Staples Retailing — 1.6% | | | | | | | | |
Walmart, Inc. | | | 25,464 | | | | 3,562,668 | |
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Food Products — 1.2% | | | | | | | | |
Mondelez International, Inc. (Class A Stock) | | | 44,666 | | | | 2,566,062 | |
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Health Care Equipment & Supplies — 1.0% | | | | | | | | |
Zimmer Biomet Holdings, Inc. | | | 16,277 | | | | 2,215,951 | |
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Health Care Providers & Services — 1.6% | | | | | | | | |
Cigna Corp. | | | 10,657 | | | | 1,805,402 | |
Laboratory Corp. of America Holdings* | | | 9,052 | | | | 1,704,220 | |
| | | | | | | | |
| | | | | | | 3,509,622 | |
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Health Care Technology — 1.0% | | | | | | | | |
Teladoc Health, Inc.* | | | 10,375 | | | | 2,274,615 | |
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Hotels, Restaurants & Leisure — 0.9% | | | | | | | | |
McDonald’s Corp. | | | 9,007 | | | | 1,976,946 | |
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Household Durables — 1.2% | | | | | | | | |
DR Horton, Inc. | | | 33,916 | | | | 2,565,067 | |
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Household Products — 1.6% | | | | | | | | |
Procter & Gamble Co. (The) | | | 12,794 | | | | 1,778,238 | |
Reckitt Benckiser Group PLC (United Kingdom) | | | 17,240 | | | | 1,684,963 | |
| | | | | | | | |
| | | | | | | 3,463,201 | |
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Insurance — 3.4% | | | | | | | | |
Chubb Ltd. (Switzerland) | | | 22,958 | | | | 2,665,883 | |
Marsh & McLennan Cos., Inc. | | | 12,829 | | | | 1,471,486 | |
MetLife, Inc. | | | 49,550 | | | | 1,841,774 | |
RenaissanceRe Holdings Ltd. (Bermuda) | | | 7,729 | | | | 1,311,920 | |
| | | | | | | | |
| | | | | | | 7,291,063 | |
| | | | | | | | |
Interactive Media & Services — 4.7% | | | | | | | | |
Alphabet, Inc. (Class A Stock)* | | | 3,945 | | | | 5,781,792 | |
Facebook, Inc. (Class A Stock)* | | | 16,855 | | | | 4,414,325 | |
| | | | | | | | |
| | | | | | | 10,196,117 | |
| | | | | | | | |
Internet & Direct Marketing Retail — 3.0% | | | | | | | | |
Amazon.com, Inc.* | | | 2,084 | | | | 6,561,953 | |
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IT Services — 7.4% | | | | | | | | |
Adyen NV (Netherlands), 144A* | | | 2,008 | | | | 3,704,356 | |
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Mastercard, Inc. (Class A Stock) | | | 8,836 | | | | 2,988,070 | |
PayPal Holdings, Inc.* | | | 16,895 | | | | 3,328,822 | |
Shopify, Inc. (Canada) (Class A Stock)* | | | 3,432 | | | | 3,510,833 | |
Twilio, Inc.* | | | 9,992 | | | | 2,468,923 | |
| | | | | | | | |
| | | | | | | 16,001,004 | |
| | | | | | | | |
Leisure Products — 0.7% | | | | | | | | |
Peloton Interactive, Inc.* | | | 14,390 | | | | 1,428,064 | |
| | | | | | | | |
Machinery — 2.0% | | | | | | | | |
Deere & Co. | | | 3,519 | | | | 779,916 | |
Fortive Corp. | | | 20,489 | | | | 1,561,467 | |
Otis Worldwide Corp. | | | 31,544 | | | | 1,968,976 | |
| | | | | | | | |
| | | | | | | 4,310,359 | |
| | | | | | | | |
Media — 0.7% | | | | | | | | |
Comcast Corp. (Class A Stock) | | | 34,227 | | | | 1,583,341 | |
| | | | | | | | |
Multi-Utilities — 2.3% | | | | | | | | |
Ameren Corp. | | | 32,417 | | | | 2,563,536 | |
Dominion Energy, Inc. | | | 30,933 | | | | 2,441,542 | |
| | | | | | | | |
| | | | | | | 5,005,078 | |
| | | | | | | | |
Oil, Gas & Consumable Fuels — 2.9% | | | | | | | | |
Chevron Corp. | | | 39,494 | | | | 2,843,568 | |
ConocoPhillips | | | 37,714 | | | | 1,238,528 | |
Suncor Energy, Inc. (Canada) | | | 69,354 | | | | 848,199 | |
Williams Cos., Inc. (The) | | | 72,969 | | | | 1,433,841 | |
| | | | | | | | |
| | | | | | | 6,364,136 | |
| | | | | | | | |
Pharmaceuticals — 4.2% | | | | | | | | |
AstraZeneca PLC (United Kingdom), ADR | | | 81,540 | | | | 4,468,392 | |
Bristol-Myers Squibb Co. | | | 39,425 | | | | 2,376,933 | |
Eli Lilly & Co. | | | 15,025 | | | | 2,224,001 | |
| | | | | | | | |
| | | | | | | 9,069,326 | |
| | | | | | | | |
Road & Rail — 2.1% | | | | | | | | |
Knight-Swift Transportation Holdings, Inc. | | | 22,089 | | | | 899,022 | |
Union Pacific Corp. | | | 18,616 | | | | 3,664,932 | |
| | | | | | | | |
| | | | | | | 4,563,954 | |
| | | | | | | | |
Semiconductors & Semiconductor Equipment — 6.0% | | | | | | | | |
Broadcom, Inc. | | | 8,043 | | | | 2,930,226 | |
NVIDIA Corp. | | | 9,376 | | | | 5,074,478 | |
QUALCOMM, Inc. | | | 22,613 | | | | 2,661,098 | |
Texas Instruments, Inc. | | | 16,163 | | | | 2,307,915 | |
| | | | | | | | |
| | | | | | | 12,973,717 | |
| | | | | | | | |
Software — 8.0% | | | | | | | | |
Adobe, Inc.* | | | 8,102 | | | | 3,973,464 | |
Microsoft Corp. | | | 31,206 | | | | 6,563,558 | |
PTC, Inc.* | | | 15,497 | | | | 1,281,912 | |
salesforce.com, Inc.* | | | 12,637 | | | | 3,175,931 | |
SAP SE (Germany), ADR | | | 14,493 | | | | 2,258,154 | |
| | | | | | | | |
| | | | | | | 17,253,019 | |
| | | | | | | | |
| | | | | | | | |
Specialty Retail — 2.9% | | | | | | | | |
Advance Auto Parts, Inc. | | | 7,965 | | | | 1,222,627 | |
Lowe’s Cos., Inc. | | | 18,272 | | | | 3,030,594 | |
Ross Stores, Inc. | | | 21,099 | | | | 1,968,959 | |
| | | | | | | | |
| | | | | | | 6,222,180 | |
| | | | | | | | |
Technology Hardware, Storage & Peripherals — 3.9% | | | | | | | | |
Apple, Inc. | | | 73,142 | | | | 8,470,575 | |
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Textiles,Apparel & Luxury Goods — 2.2% | | | | | | | | |
Lululemon Athletica, Inc. (Canada)* | | | 6,822 | | | | 2,246,962 | |
NIKE, Inc. (Class B Stock) | | | 19,853 | | | | 2,492,346 | |
| | | | | | | | |
| | | | | | | 4,739,308 | |
| | | | | | | | |
Trading Companies & Distributors — 1.0% | | | | | | | | |
United Rentals, Inc.* | | | 12,665 | | | | 2,210,043 | |
| | | | | | | | |
TOTAL COMMON STOCKS (cost $139,103,973) | | | | | | | 213,418,623 | |
| | | | | | | | |
SHORT-TERM INVESTMENT — 1.5% | | | | | | | | |
AFFILIATED MUTUAL FUND | | | | | | | | |
PGIM Core Ultra Short Bond Fund (cost $3,187,388)(a) | | | 3,187,388 | | | | 3,187,388 | |
| | | | | | | | |
TOTAL INVESTMENTS — 99.9% (cost $142,291,361) | | | | | | | 216,606,011 | |
Other assets in excess of liabilities — 0.1% | | | | | | | 143,386 | |
| | | | | | | | |
NET ASSETS — 100.0% | | | | | | $ | 216,749,397 | |
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The following abbreviations are used in the quarterly schedule of portfolio holdings:
| | |
144A | | Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, typically only to qualified institutional buyers. |
ADR | �� | American Depositary Receipt |
* | Non-income producing security. |
(a) | PGIM Investments LLC, the manager of the Account, also serves as manager of the PGIM Core Ultra Short Bond Fund. |
Other information regarding the Account is available in the Account’s most recent Report to Shareholders. This information is available on the Securities and Exchange Commission’s website (www.sec.gov).