AST MFS GLOBAL EQUITY PORTFOLIO
SCHEDULE OF INVESTMENTS | as of March 31, 2024 (unaudited) |
Shares | Value | |||||
Long-Term Investments — 99.2% | ||||||
Common Stocks | ||||||
Austria — 0.6% | ||||||
Erste Group Bank AG | 79,639 | $3,549,329 | ||||
Canada — 3.6% | ||||||
Canadian National Railway Co. | 73,886 | 9,731,525 | ||||
Canadian Pacific Kansas City Ltd.(a) | 137,427 | 12,116,939 | ||||
21,848,464 | ||||||
Denmark — 0.6% | ||||||
Carlsberg A/S (Class B Stock) | 24,935 | 3,414,728 | ||||
France — 7.8% | ||||||
Air Liquide SA | 30,321 | 6,308,245 | ||||
Capgemini SE | 25,680 | 5,909,246 | ||||
EssilorLuxottica SA | 12,179 | 2,755,031 | ||||
Hermes International SCA | 1,219 | 3,115,497 | ||||
Legrand SA | 73,220 | 7,753,758 | ||||
LVMH Moet Hennessy Louis Vuitton SE | 14,934 | 13,437,565 | ||||
Pernod Ricard SA | 46,699 | 7,559,828 | ||||
46,839,170 | ||||||
Germany — 3.1% | ||||||
Brenntag SE | 32,595 | 2,747,141 | ||||
Deutsche Boerse AG | 15,885 | 3,253,088 | ||||
Merck KGaA | 56,041 | 9,882,018 | ||||
MTU Aero Engines AG | 11,679 | 2,962,101 | ||||
18,844,348 | ||||||
Israel — 1.3% | ||||||
Check Point Software Technologies Ltd.*(a) | 46,563 | 7,636,797 | ||||
Japan — 2.4% | ||||||
Hoya Corp. | 23,300 | 2,914,151 | ||||
Kubota Corp. | 368,000 | 5,773,823 | ||||
Olympus Corp. | 425,200 | 6,122,164 | ||||
14,810,138 | ||||||
Mexico — 0.3% | ||||||
Grupo Financiero Banorte SAB de CV (Class O Stock) | 160,056 | 1,700,018 | ||||
Netherlands — 2.3% | ||||||
Akzo Nobel NV | 62,085 | 4,638,838 | ||||
Heineken NV | 96,590 | 9,312,014 | ||||
13,950,852 | ||||||
South Korea — 1.1% | ||||||
Samsung Electronics Co. Ltd. | 112,045 | 6,733,626 | ||||
Spain — 2.9% | ||||||
Aena SME SA, 144A | 32,109 | 6,323,982 | ||||
Amadeus IT Group SA | 79,957 | 5,132,976 | ||||
Cellnex Telecom SA, 144A | 167,614 | 5,929,295 | ||||
17,386,253 | ||||||
Sweden — 1.0% | ||||||
Essity AB (Class B Stock) | 263,842 | 6,267,337 |
Shares | Value | |||||
Common Stocks (continued) | ||||||
Switzerland — 4.6% | ||||||
Cie Financiere Richemont SA (Class A Stock) | 69,828 | $10,630,643 | ||||
Julius Baer Group Ltd. | 36,504 | 2,117,173 | ||||
Sonova Holding AG | 10,889 | 3,153,379 | ||||
UBS Group AG | 383,507 | 11,808,538 | ||||
27,709,733 | ||||||
United Kingdom — 7.4% | ||||||
Burberry Group PLC | 213,421 | 3,264,563 | ||||
Compass Group PLC | 124,399 | 3,648,953 | ||||
Diageo PLC | 313,250 | 11,590,945 | ||||
Intertek Group PLC | 64,627 | 4,068,128 | ||||
London Stock Exchange Group PLC | 42,931 | 5,136,870 | ||||
Reckitt Benckiser Group PLC | 94,228 | 5,371,471 | ||||
Rolls-Royce Holdings PLC* | 1,096,089 | 5,897,360 | ||||
Whitbread PLC | 60,094 | 2,512,407 | ||||
WPP PLC | 321,512 | 3,047,014 | ||||
44,537,711 | ||||||
United States — 60.2% | ||||||
Abbott Laboratories | 68,337 | 7,767,183 | ||||
Accenture PLC (Class A Stock) | 22,963 | 7,959,205 | ||||
Air Products & Chemicals, Inc. | 20,334 | 4,926,318 | ||||
Alphabet, Inc. (Class A Stock)* | 84,951 | 12,821,654 | ||||
American Express Co. | 40,647 | 9,254,915 | ||||
Amphenol Corp. (Class A Stock) | 46,301 | 5,340,820 | ||||
Aon PLC (Class A Stock) | 23,563 | 7,863,444 | ||||
Aptiv PLC* | 45,788 | 3,647,014 | ||||
Becton, Dickinson & Co. | 34,219 | 8,467,492 | ||||
Boston Scientific Corp.* | 130,876 | 8,963,697 | ||||
Carrier Global Corp. | 30,519 | 1,774,069 | ||||
Charles Schwab Corp. (The) | 184,449 | 13,343,041 | ||||
Cognizant Technology Solutions Corp. (Class A Stock) | 56,666 | 4,153,051 | ||||
Comcast Corp. (Class A Stock) | 303,491 | 13,156,335 | ||||
Cooper Cos., Inc. (The) | 55,084 | 5,588,823 | ||||
eBay, Inc. | 78,410 | 4,138,480 | ||||
Equifax, Inc. | 15,004 | 4,013,870 | ||||
Experian PLC | 147,146 | 6,411,585 | ||||
Fidelity National Information Services, Inc. | 75,044 | 5,566,764 | ||||
Fiserv, Inc.*(a) | 43,199 | 6,904,064 | ||||
Goldman Sachs Group, Inc. (The) | 27,362 | 11,428,834 | ||||
Honeywell International, Inc. | 58,474 | 12,001,789 | ||||
International Flavors & Fragrances, Inc. | 87,091 | 7,488,955 | ||||
Linde PLC | 28,223 | 13,104,503 | ||||
Marriott International, Inc. (Class A Stock) | 18,447 | 4,654,363 | ||||
Medtronic PLC(a) | 165,767 | 14,446,594 | ||||
Microchip Technology, Inc. | 38,116 | 3,419,386 | ||||
Microsoft Corp. | 24,487 | 10,302,171 | ||||
Nestle SA | 99,085 | 10,527,777 | ||||
Omnicom Group, Inc. | 18,101 | 1,751,453 | ||||
Oracle Corp. | 95,673 | 12,017,486 | ||||
Otis Worldwide Corp. | 37,859 | 3,758,263 | ||||
PPG Industries, Inc. | 42,244 | 6,121,156 | ||||
Roche Holding AG | 43,637 | 11,141,357 | ||||
Schneider Electric SE | 72,429 | 16,374,490 |
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AST MFS GLOBAL EQUITY PORTFOLIO (continued)
SCHEDULE OF INVESTMENTS | as of March 31, 2024 (unaudited) |
Shares | Value | |||||
Common Stocks (continued) | ||||||
United States (cont’d.) | ||||||
Stryker Corp. | 9,995 | $3,576,911 | ||||
Thermo Fisher Scientific, Inc. | 26,518 | 15,412,527 | ||||
TransUnion | 63,462 | 5,064,268 | ||||
Union Pacific Corp. | 30,543 | 7,511,440 | ||||
United Parcel Service, Inc. (Class B Stock)(a) | 29,552 | 4,392,314 | ||||
Visa, Inc. (Class A Stock)(a) | 63,552 | 17,736,092 | ||||
Walt Disney Co. (The) | 67,275 | 8,231,769 | ||||
Waters Corp.* | 24,563 | 8,455,321 | ||||
Willis Towers Watson PLC | 45,953 | 12,637,075 | ||||
363,618,118 | ||||||
Total Long-Term Investments (cost $432,065,390) | 598,846,622 | |||||
Short-Term Investments — 10.1% | ||||||
Affiliated Mutual Funds — 9.6% | ||||||
PGIM Core Government Money Market Fund (7-day effective yield 5.552%)(wb) | 198,577 | 198,577 | ||||
PGIM Institutional Money Market Fund (7-day effective yield 5.664%) (cost $57,362,571; includes $57,117,887 of cash collateral for securities on loan)(b)(wb) | 57,386,289 | 57,357,596 | ||||
Total Affiliated Mutual Funds (cost $57,561,148) | 57,556,173 |
Interest Rate | Maturity Date | Principal Amount (000)# | |||||
U.S. Government Agency Obligation(n) — 0.5% | |||||||
Federal Home Loan Bank | |||||||
5.153% | 04/01/24 | 3,208 | 3,206,085 | ||||
(cost $3,208,000) | |||||||
Total Short-Term Investments (cost $60,769,148) | 60,762,258 | ||||||
TOTAL INVESTMENTS—109.3% (cost $492,834,538) | 659,608,880 | ||||||
Liabilities in excess of other assets — (9.3)% | (56,181,638) | ||||||
Net Assets — 100.0% | $603,427,242 |
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. |
* | Non-income producing security. |
# | Principal amount is shown in U.S. dollars unless otherwise stated. |
(a) | All or a portion of security is on loan. The aggregate market value of such securities, including those sold and pending settlement, is $56,050,353; cash collateral of $57,117,887 (included in liabilities) was received with which the Portfolio 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 Portfolio 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. |
(n) | Rate shown reflects yield to maturity at purchased date. |
(wb) | Represents an investment in a Fund affiliated with the Manager. |
Other information regarding the Portfolio is available in the Portfolio’s most recent Report to Shareholders. This information is available on the Securities and Exchange Commission’s website (www.sec.gov).
A1