VCA-2
Schedule of Investments (unaudited)
as of September 30, 2021
| | | | | | | | |
Description | | Shares | | | Value | |
LONG-TERM INVESTMENTS — 98.9% | | | | | | | | |
COMMON STOCKS | | | | | | | | |
Aerospace & Defense — 2.1% | | | | | | | | |
Airbus SE (France)* | | | 17,529 | | | $ | 2,325,127 | |
Raytheon Technologies Corp. | | | 36,992 | | | | 3,179,833 | |
| | | | | | | | |
| | | | | | | 5,504,960 | |
| | | | | | | | |
Air Freight & Logistics — 0.5% | | | | | | | | |
FedEx Corp. | | | 5,600 | | | | 1,228,024 | |
| | | | | | | | |
Airlines — 0.8% | | | | | | | | |
Delta Air Lines, Inc.* | | | 52,467 | | | | 2,235,619 | |
| | | | | | | | |
Automobiles — 3.3% | | | | | | | | |
General Motors Co.* | | | 67,842 | | | | 3,575,952 | |
Tesla, Inc.* | | | 6,534 | | | | 5,066,986 | |
| | | | | | | | |
| | | | | | | 8,642,938 | |
| | | | | | | | |
Banks — 8.8% | | | | | | | | |
Bank of America Corp. | | | 115,720 | | | | 4,912,314 | |
Citigroup, Inc. | | | 44,952 | | | | 3,154,732 | |
JPMorgan Chase & Co. | | | 41,988 | | | | 6,873,016 | |
PNC Financial Services Group, Inc. (The) | | | 21,188 | | | | 4,145,220 | |
Truist Financial Corp. | | | 70,611 | | | | 4,141,335 | |
| | | | | | | | |
| | | | | | | 23,226,617 | |
| | | | | | | | |
Beverages — 1.0% | | | | | | | | |
PepsiCo, Inc. | | | 17,610 | | | | 2,648,720 | |
| | | | | | | | |
Biotechnology — 0.8% | | | | | | | | |
AbbVie, Inc. | | | 20,213 | | | | 2,180,376 | |
| | | | | | | | |
Building Products — 1.4% | | | | | | | | |
Johnson Controls International PLC | | | 52,831 | | | | 3,596,734 | |
| | | | | | | | |
Capital Markets — 2.9% | | | | | | | | |
Blackstone, Inc. | | | 22,437 | | | | 2,610,321 | |
Goldman Sachs Group, Inc. (The) | | | 13,434 | | | | 5,078,455 | |
| | | | | | | | |
| | | | | | | 7,688,776 | |
| | | | | | | | |
Chemicals — 2.4% | | | | | | | | |
Dow, Inc. | | | 42,484 | | | | 2,445,379 | |
Linde PLC (United Kingdom) | | | 13,229 | | | | 3,881,124 | |
| | | | | | | | |
| | | | | | | 6,326,503 | |
| | | | | | | | |
Communications Equipment — 1.0% | | | | | | | | |
Cisco Systems, Inc. | | | 47,182 | | | | 2,568,116 | |
| | | | | | | | |
Consumer Finance — 2.3% | | | | | | | | |
Capital One Financial Corp. | | | 23,860 | | | | 3,864,604 | |
SLM Corp. | | | 118,151 | | | | 2,079,458 | |
| | | | | | | | |
| | | | | | | 5,944,062 | |
| | | | | | | | |
Containers & Packaging — 1.0% | | | | | | | | |
Crown Holdings, Inc. | | | 26,295 | | | | 2,650,010 | |
| | | | | | | | |
| | | | | | | | |
Electrical Equipment — 0.7% | | | | | | | | |
Emerson Electric Co. | | | 19,548 | | | | 1,841,422 | |
| | | | | | | | |
Entertainment — 2.7% | | | | | | | | |
Netflix, Inc.* | | | 3,446 | | | | 2,103,232 | |
ROBLOX Corp. (Class A Stock)* | | | 9,499 | | | | 717,649 | |
Sea Ltd. (Singapore), ADR* | | | 3,593 | | | | 1,145,197 | |
Walt Disney Co. (The)* | | | 18,761 | | | | 3,173,798 | |
| | | | | | | | |
| | | | | | | 7,139,876 | |
| | | | | | | | |
Equity Real Estate Investment Trusts (REITs) — 1.8% | | | | | | | | |
Alexandria Real Estate Equities, Inc. | | | 7,270 | | | | 1,389,079 | |
American Campus Communities, Inc. | | | 35,672 | | | | 1,728,308 | |
American Tower Corp. | | | 6,011 | | | | 1,595,380 | |
| | | | | | | | |
| | | | | | | 4,712,767 | |
| | | | | | | | |
Food & Staples Retailing — 1.4% | | | | | | | | |
Walmart, Inc. | | | 26,150 | | | | 3,644,787 | |
| | | | | | | | |
Food Products — 1.0% | | | | | | | | |
Mondelez International, Inc. (Class A Stock) | | | 44,222 | | | | 2,572,836 | |
| | | | | | | | |
Health Care Equipment & Supplies — 3.0% | | | | | | | | |
Abbott Laboratories | | | 30,254 | | | | 3,573,905 | |
Align Technology, Inc.* | | | 2,521 | | | | 1,677,549 | |
Zimmer Biomet Holdings, Inc. | | | 18,240 | | | | 2,669,606 | |
| | | | | | | | |
| | | | | | | 7,921,060 | |
| | | | | | | | |
Health Care Providers & Services — 1.6% | | | | | | | | |
Cigna Corp. | | | 9,033 | | | | 1,808,045 | |
Laboratory Corp. of America Holdings* | | | 8,962 | | | | 2,522,266 | |
| | | | | | | | |
| | | | | | | 4,330,311 | |
| | | | | | | | |
Hotels, Restaurants & Leisure — 2.7% | | | | | | | | |
Airbnb, Inc. (Class A Stock)* | | | 16,158 | | | | 2,710,504 | |
McDonald’s Corp. | | | 9,435 | | | | 2,274,873 | |
Royal Caribbean Cruises Ltd.* | | | 22,280 | | | | 1,981,806 | |
| | | | | | | | |
| | | | | | | 6,967,183 | |
| | | | | | | | |
Household Durables — 0.6% | | | | | | | | |
DR Horton, Inc. | | | 19,875 | | | | 1,668,904 | |
| | | | | | | | |
Household Products — 0.7% | | | | | | | | |
Procter & Gamble Co. (The) | | | 12,667 | | | | 1,770,847 | |
| | | | | | | | |
Industrial Conglomerates — 0.8% | | | | | | | | |
General Electric Co. | | | 20,870 | | | | 2,150,236 | |
| | | | | | | | |
Insurance — 4.0% | | | | | | | | |
Chubb Ltd. (Switzerland) | | | 22,730 | | | | 3,943,200 | |
Marsh & McLennan Cos., Inc. | | | 12,792 | | | | 1,937,093 | |
MetLife, Inc. | | | 48,147 | | | | 2,972,114 | |
RenaissanceRe Holdings Ltd. (Bermuda) | | | 12,448 | | | | 1,735,251 | |
| | | | | | | | |
| | | | | | | 10,587,658 | |
| | | | | | | | |
Interactive Media & Services — 7.3% | | | | | | | | |
Alphabet, Inc. (Class A Stock)* | | | 2,928 | | | | 7,828,067 | |
Alphabet, Inc. (Class C Stock)* | | | 968 | | | | 2,580,020 | |
Facebook, Inc. (Class A Stock)* | | | 7,095 | | | | 2,407,972 | |
| | | | | | | | |
Match Group, Inc.* | | | 16,293 | | | | 2,557,838 | |
Snap, Inc.* | | | 32,536 | | | | 2,403,434 | |
ZoomInfo Technologies, Inc.* | | | 21,965 | | | | 1,344,038 | |
| | | | | | | | |
| | | | | | | 19,121,369 | |
| | | | | | | | |
Internet & Direct Marketing Retail — 3.2% | | | | | | | | |
Amazon.com, Inc.* | | | 1,817 | | | | 5,968,918 | |
MercadoLibre, Inc. (Argentina)* | | | 1,427 | | | | 2,396,504 | |
| | | | | | | | |
| | | | | | | 8,365,422 | |
| | | | | | | | |
IT Services — 6.3% | | | | | | | | |
Adyen NV (Netherlands), 144A* | | | 792 | | | | 2,215,075 | |
Mastercard, Inc. (Class A Stock) | | | 6,435 | | | | 2,237,321 | |
Okta, Inc.* | | | 7,198 | | | | 1,708,373 | |
PayPal Holdings, Inc.* | | | 5,713 | | | | 1,486,580 | |
Shopify, Inc. (Canada) (Class A Stock)* | | | 2,861 | | | | 3,878,886 | |
Snowflake, Inc. (Class A Stock)* | | | 2,662 | | | | 805,069 | |
Square, Inc. (Class A Stock)* | | | 11,720 | | | | 2,810,925 | |
Twilio, Inc.* | | | 4,528 | | | | 1,444,658 | |
| | | | | | | | |
| | | | | | | 16,586,887 | |
| | | | | | | | |
Machinery — 2.5% | | | | | | | | |
Deere & Co. | | | 6,267 | | | | 2,099,884 | |
Fortive Corp. | | | 25,897 | | | | 1,827,551 | |
Otis Worldwide Corp. | | | 31,230 | | | | 2,569,604 | |
| | | | | | | | |
| | | | | | | 6,497,039 | |
| | | | | | | | |
Media — 0.6% | | | | | | | | |
Comcast Corp. (Class A Stock) | | | 26,081 | | | | 1,458,710 | |
| | | | | | | | |
Multi-Utilities — 2.3% | | | | | | | | |
Ameren Corp. | | | 26,898 | | | | 2,178,738 | |
Dominion Energy, Inc. | | | 52,790 | | | | 3,854,726 | |
| | | | | | | | |
| | | | | | | 6,033,464 | |
| | | | | | | | |
Oil, Gas & Consumable Fuels — 4.4% | | | | | | | | |
Chevron Corp. | | | 44,437 | | | | 4,508,133 | |
ConocoPhillips | | | 69,779 | | | | 4,728,923 | |
Williams Cos., Inc. (The) | | | 91,738 | | | | 2,379,684 | |
| | | | | | | | |
| | | | | | | 11,616,740 | |
| | | | | | | | |
Personal Products — 0.8% | | | | | | | | |
Estee Lauder Cos., Inc. (The) (Class A Stock) | | | 7,120 | | | | 2,135,502 | |
| | | | | | | | |
Pharmaceuticals — 4.5% | | | | | | | | |
AstraZeneca PLC (United Kingdom), ADR | | | 48,556 | | | | 2,916,273 | |
Bristol-Myers Squibb Co. | | | 39,033 | | | | 2,309,583 | |
Eli Lilly & Co | | | 28,092 | | | | 6,490,657 | |
| | | | | | | | |
| | | | | | | 11,716,513 | |
| | | | | | | | |
Road & Rail — 1.3% | | | | | | | | |
Uber Technologies, Inc.* | | | 20,196 | | | | 904,781 | |
Union Pacific Corp. | | | 12,890 | | | | 2,526,569 | |
| | | | | | | | |
| | | | | | | 3,431,350 | |
| | | | | | | | |
Semiconductors & Semiconductor Equipment — 5.5% | | | | | | | | |
Broadcom, Inc. | | | 7,797 | | | | 3,780,999 | |
| | | | | | | | |
Lam Research Corp. | | | 2,990 | | | | 1,701,759 | |
NVIDIA Corp. | | | 17,896 | | | | 3,707,335 | |
QUALCOMM, Inc. | | | 16,134 | | | | 2,080,963 | |
Texas Instruments, Inc. | | | 16,002 | | | | 3,075,745 | |
| | | | | | | | |
| | | | | | | 14,346,801 | |
| | | | | | | | |
Software — 5.2% | | | | | | | | |
Adobe, Inc.* | | | 4,709 | | | | 2,711,065 | |
DocuSign, Inc.* | | | 5,678 | | | | 1,461,688 | |
HubSpot, Inc.* | | | 2,419 | | | | 1,635,462 | |
Microsoft Corp | | | 28,253 | | | | 7,965,086 | |
| | | | | | | | |
| | | | | | | 13,773,301 | |
| | | | | | | | |
Specialty Retail — 1.8% | | | | | | | | |
Lowe’s Cos., Inc. | | | 12,202 | | | | 2,475,298 | |
Ross Stores, Inc. | | | 20,889 | | | | 2,273,767 | |
| | | | | | | | |
| | | | | | | 4,749,065 | |
| | | | | | | | |
Technology Hardware, Storage & Peripherals — 1.1% | | | | | | | | |
Apple, Inc. | | | 19,919 | | | | 2,818,539 | |
| | | | | | | | |
Textiles, Apparel & Luxury Goods — 2.0% | | | | | | | | |
Lululemon Athletica, Inc. (Canada)* | | | 4,066 | | | | 1,645,510 | |
LVMH Moet Hennessy Louis Vuitton SE (France) | | | 3,297 | | | | 2,362,746 | |
NIKE, Inc. (Class B Stock) | | | 8,802 | | | | 1,278,315 | |
| | | | | | | | |
| | | | | | | 5,286,571 | |
| | | | | | | | |
Trading Companies & Distributors — 0.8% | | | | | | | | |
United Rentals, Inc.* | | | 6,280 | | | | 2,203,840 | |
| | | | | | | | |
TOTAL COMMON STOCKS (cost $159,677,854) | | | | | | | 259,890,455 | |
| | | | | | | | |
SHORT-TERM INVESTMENT — 1.2% | | | | | | | | |
AFFILIATED MUTUAL FUND | | | | | | | | |
PGIM Core Ultra Short Bond Fund (cost $3,138,574)(a) | | | 3,138,574 | | | | 3,138,574 | |
| | | | | | | | |
TOTAL INVESTMENTS — 100.1% (cost $162,816,428) | | | | | | | 263,029,029 | |
Liabilities in excess of other assets — (0.1)% | | | | | | | (256,568 | ) |
| | | | | | | | |
NET ASSETS — 100.0% | | | | | | $ | 262,772,461 | |
| | | | | | | | |
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).