PGIM Quant Solutions Large-Cap Index Fund
Schedule of Investments as of December 31,
2023 (unaudited)
Description | Shares | Value | |||
Long-Term Investments 98.9% | |||||
Common Stocks 98.1% | |||||
Aerospace & Defense 1.6% | |||||
Axon Enterprise, Inc.* | 1,400 | $361,662 | |||
Boeing Co. (The)* | 11,244 | 2,930,861 | |||
General Dynamics Corp. | 4,532 | 1,176,825 | |||
Howmet Aerospace, Inc. | 7,881 | 426,520 | |||
Huntington Ingalls Industries, Inc. | 800 | 207,712 | |||
L3Harris Technologies, Inc. | 3,816 | 803,726 | |||
Lockheed Martin Corp. | 4,566 | 2,069,494 | |||
Northrop Grumman Corp. | 2,708 | 1,267,723 | |||
RTX Corp. | 28,831 | 2,425,840 | |||
Textron, Inc. | 4,034 | 324,414 | |||
TransDigm Group, Inc. | 1,100 | 1,112,760 | |||
13,107,537 | |||||
Air Freight & Logistics 0.5% | |||||
C.H. Robinson Worldwide, Inc. | 2,400 | 207,336 | |||
Expeditors International of Washington, Inc. | 3,000 | 381,600 | |||
FedEx Corp. | 4,646 | 1,175,298 | |||
United Parcel Service, Inc. (Class B Stock) | 14,490 | 2,278,263 | |||
4,042,497 | |||||
Automobile Components 0.1% | |||||
Aptiv PLC* | 5,650 | 506,918 | |||
BorgWarner, Inc. | 4,400 | 157,740 | |||
664,658 | |||||
Automobiles 1.9% | |||||
Ford Motor Co. | 78,938 | 962,254 | |||
General Motors Co. | 27,600 | 991,392 | |||
Tesla, Inc.* | 55,270 | 13,733,490 | |||
15,687,136 | |||||
Banks 3.2% | |||||
Bank of America Corp. | 138,095 | 4,649,659 | |||
Citigroup, Inc. | 38,295 | 1,969,895 | |||
Citizens Financial Group, Inc. | 9,000 | 298,260 | |||
Comerica, Inc. | 2,461 | 137,348 | |||
Fifth Third Bancorp | 13,673 | 471,582 | |||
Huntington Bancshares, Inc. | 29,129 | 370,521 | |||
JPMorgan Chase & Co. | 58,403 | 9,934,350 |
1
PGIM Quant Solutions Large-Cap Index Fund
Schedule of Investments as of December 31,
2023 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Banks (cont’d.) | |||||
KeyCorp | 18,835 | $271,224 | |||
M&T Bank Corp. | 3,355 | 459,903 | |||
PNC Financial Services Group, Inc. (The) | 7,972 | 1,234,464 | |||
Regions Financial Corp. | 18,874 | 365,778 | |||
Truist Financial Corp. | 26,772 | 988,422 | |||
U.S. Bancorp | 31,295 | 1,354,448 | |||
Wells Fargo & Co. | 72,836 | 3,584,988 | |||
Zions Bancorp NA | 2,900 | 127,223 | |||
26,218,065 | |||||
Beverages 1.5% | |||||
Brown-Forman Corp. (Class B Stock) | 3,350 | 191,285 | |||
Coca-Cola Co. (The) | 77,964 | 4,594,419 | |||
Constellation Brands, Inc. (Class A Stock) | 3,270 | 790,522 | |||
Keurig Dr. Pepper, Inc. | 20,200 | 673,064 | |||
Molson Coors Beverage Co. (Class B Stock) | 3,694 | 226,110 | |||
Monster Beverage Corp.* | 14,900 | 858,389 | |||
PepsiCo, Inc. | 27,441 | 4,660,579 | |||
11,994,368 | |||||
Biotechnology 2.0% | |||||
AbbVie, Inc. | 35,289 | 5,468,736 | |||
Amgen, Inc. | 10,596 | 3,051,860 | |||
Biogen, Inc.* | 2,880 | 745,258 | |||
Gilead Sciences, Inc. | 25,000 | 2,025,250 | |||
Incyte Corp.* | 3,500 | 219,765 | |||
Moderna, Inc.* | 6,640 | 660,348 | |||
Regeneron Pharmaceuticals, Inc.* | 2,150 | 1,888,324 | |||
Vertex Pharmaceuticals, Inc.* | 5,160 | 2,099,552 | |||
16,159,093 | |||||
Broadline Retail 3.5% | |||||
Amazon.com, Inc.* | 181,800 | 27,622,692 | |||
eBay, Inc. | 10,740 | 468,479 | |||
Etsy, Inc.* | 2,300 | 186,415 | |||
28,277,586 | |||||
Building Products 0.5% | |||||
A.O. Smith Corp. | 2,400 | 197,856 | |||
Allegion PLC | 1,733 | 219,554 | |||
Builders FirstSource, Inc.* | 2,500 | 417,350 |
2
PGIM Quant Solutions Large-Cap Index Fund
Schedule of Investments as of December 31,
2023 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Building Products (cont’d.) | |||||
Carrier Global Corp. | 16,829 | $966,826 | |||
Johnson Controls International PLC | 13,687 | 788,919 | |||
Masco Corp. | 4,526 | 303,151 | |||
Trane Technologies PLC | 4,600 | 1,121,940 | |||
4,015,596 | |||||
Capital Markets 2.9% | |||||
Ameriprise Financial, Inc. | 2,061 | 782,830 | |||
Bank of New York Mellon Corp. (The) | 15,638 | 813,958 | |||
BlackRock, Inc. | 2,790 | 2,264,922 | |||
Blackstone, Inc. | 14,100 | 1,845,972 | |||
Cboe Global Markets, Inc. | 2,100 | 374,976 | |||
Charles Schwab Corp. (The) | 29,911 | 2,057,877 | |||
CME Group, Inc. | 7,200 | 1,516,320 | |||
FactSet Research Systems, Inc. | 700 | 333,935 | |||
Franklin Resources, Inc. | 5,742 | 171,054 | |||
Goldman Sachs Group, Inc. (The) | 6,480 | 2,499,790 | |||
Intercontinental Exchange, Inc. | 11,500 | 1,476,945 | |||
Invesco Ltd. | 8,100 | 144,504 | |||
MarketAxess Holdings, Inc. | 710 | 207,923 | |||
Moody’s Corp. | 3,166 | 1,236,513 | |||
Morgan Stanley | 25,290 | 2,358,292 | |||
MSCI, Inc. | 1,590 | 899,383 | |||
Nasdaq, Inc. | 6,800 | 395,352 | |||
Northern Trust Corp. | 4,162 | 351,190 | |||
Raymond James Financial, Inc. | 3,800 | 423,700 | |||
S&P Global, Inc. | 6,540 | 2,881,001 | |||
State Street Corp. | 6,162 | 477,308 | |||
T. Rowe Price Group, Inc. | 4,500 | 484,605 | |||
23,998,350 | |||||
Chemicals 1.6% | |||||
Air Products & Chemicals, Inc. | 4,502 | 1,232,648 | |||
Albemarle Corp. | 2,340 | 338,083 | |||
Celanese Corp. | 2,000 | 310,740 | |||
CF Industries Holdings, Inc. | 3,900 | 310,050 | |||
Corteva, Inc. | 14,309 | 685,687 | |||
Dow, Inc. | 14,109 | 773,738 | |||
DuPont de Nemours, Inc. | 8,609 | 662,290 | |||
Eastman Chemical Co. | 2,386 | 214,311 | |||
Ecolab, Inc. | 5,142 | 1,019,916 | |||
FMC Corp. | 2,300 | 145,015 | |||
International Flavors & Fragrances, Inc. | 5,115 | 414,162 |
3
PGIM Quant Solutions Large-Cap Index Fund
Schedule of Investments as of December 31,
2023 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Chemicals (cont’d.) | |||||
Linde PLC | 9,568 | $3,929,673 | |||
LyondellBasell Industries NV (Class A Stock) | 5,200 | 494,416 | |||
Mosaic Co. (The) | 6,700 | 239,391 | |||
PPG Industries, Inc. | 4,748 | 710,063 | |||
Sherwin-Williams Co. (The) | 4,588 | 1,430,997 | |||
12,911,180 | |||||
Commercial Services & Supplies 0.5% | |||||
Cintas Corp. | 1,740 | 1,048,629 | |||
Copart, Inc.* | 17,500 | 857,500 | |||
Republic Services, Inc. | 4,135 | 681,903 | |||
Rollins, Inc. | 5,275 | 230,359 | |||
Veralto Corp. | 4,440 | 365,234 | |||
Waste Management, Inc. | 7,213 | 1,291,848 | |||
4,475,473 | |||||
Communications Equipment 0.8% | |||||
Arista Networks, Inc.* | 5,080 | 1,196,391 | |||
Cisco Systems, Inc. | 81,244 | 4,104,447 | |||
F5, Inc.* | 1,100 | 196,878 | |||
Juniper Networks, Inc. | 6,100 | 179,828 | |||
Motorola Solutions, Inc. | 3,356 | 1,050,730 | |||
6,728,274 | |||||
Construction & Engineering 0.1% | |||||
Quanta Services, Inc. | 2,900 | 625,820 | |||
Construction Materials 0.2% | |||||
Martin Marietta Materials, Inc. | 1,300 | 648,583 | |||
Vulcan Materials Co. | 2,700 | 612,927 | |||
1,261,510 | |||||
Consumer Finance 0.5% | |||||
American Express Co. | 11,499 | 2,154,223 | |||
Capital One Financial Corp. | 7,666 | 1,005,166 | |||
Discover Financial Services | 5,018 | 564,023 | |||
Synchrony Financial | 7,965 | 304,183 | |||
4,027,595 |
4
PGIM Quant Solutions Large-Cap Index Fund
Schedule of Investments as of December 31,
2023 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Consumer Staples Distribution & Retail 1.8% | |||||
Costco Wholesale Corp. | 8,858 | $5,846,989 | |||
Dollar General Corp. | 4,400 | 598,180 | |||
Dollar Tree, Inc.* | 4,242 | 602,576 | |||
Kroger Co. (The) | 13,268 | 606,480 | |||
Sysco Corp. | 10,180 | 744,463 | |||
Target Corp. | 9,282 | 1,321,942 | |||
Walgreens Boots Alliance, Inc. | 13,578 | 354,522 | |||
Walmart, Inc. | 28,486 | 4,490,818 | |||
14,565,970 | |||||
Containers & Packaging 0.2% | |||||
Amcor PLC | 29,560 | 284,958 | |||
Avery Dennison Corp. | 1,638 | 331,138 | |||
Ball Corp. | 6,328 | 363,986 | |||
International Paper Co. | 6,984 | 252,472 | |||
Packaging Corp. of America | 1,670 | 272,060 | |||
Westrock Co. | 4,933 | 204,818 | |||
1,709,432 | |||||
Distributors 0.1% | |||||
Genuine Parts Co. | 2,799 | 387,662 | |||
LKQ Corp. | 5,400 | 258,066 | |||
Pool Corp. | 820 | 326,942 | |||
972,670 | |||||
Diversified Telecommunication Services 0.7% | |||||
AT&T, Inc. | 143,607 | 2,409,725 | |||
Verizon Communications, Inc. | 84,433 | 3,183,124 | |||
5,592,849 | |||||
Electric Utilities 1.5% | |||||
Alliant Energy Corp. | 5,100 | 261,630 | |||
American Electric Power Co., Inc. | 10,391 | 843,957 | |||
Constellation Energy Corp. | 6,303 | 736,758 | |||
Duke Energy Corp. | 15,539 | 1,507,904 | |||
Edison International | 7,662 | 547,756 | |||
Entergy Corp. | 4,215 | 426,516 | |||
Evergy, Inc. | 4,300 | 224,460 | |||
Eversource Energy | 7,000 | 432,040 | |||
Exelon Corp. | 20,012 | 718,431 | |||
FirstEnergy Corp. | 10,377 | 380,421 |
5
PGIM Quant Solutions Large-Cap Index Fund
Schedule of Investments as of December 31,
2023 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Electric Utilities (cont’d.) | |||||
NextEra Energy, Inc. | 41,128 | $2,498,115 | |||
NRG Energy, Inc. | 4,200 | 217,140 | |||
PG&E Corp. | 42,000 | 757,260 | |||
Pinnacle West Capital Corp. | 2,300 | 165,232 | |||
PPL Corp. | 14,852 | 402,489 | |||
Southern Co. (The) | 21,915 | 1,536,680 | |||
Xcel Energy, Inc. | 11,083 | 686,148 | |||
12,342,937 | |||||
Electrical Equipment 0.6% | |||||
AMETEK, Inc. | 4,600 | 758,494 | |||
Eaton Corp. PLC | 7,993 | 1,924,874 | |||
Emerson Electric Co. | 11,450 | 1,114,428 | |||
Generac Holdings, Inc.* | 1,100 | 142,164 | |||
Hubbell, Inc. | 1,100 | 361,823 | |||
Rockwell Automation, Inc. | 2,343 | 727,455 | |||
5,029,238 | |||||
Electronic Equipment, Instruments & Components 0.6% | |||||
Amphenol Corp. (Class A Stock) | 12,000 | 1,189,560 | |||
CDW Corp. | 2,700 | 613,764 | |||
Corning, Inc. | 15,397 | 468,839 | |||
Jabil, Inc. | 2,500 | 318,500 | |||
Keysight Technologies, Inc.* | 3,600 | 572,724 | |||
TE Connectivity Ltd. | 6,150 | 864,075 | |||
Teledyne Technologies, Inc.* | 1,008 | 449,860 | |||
Trimble, Inc.* | 4,700 | 250,040 | |||
Zebra Technologies Corp. (Class A Stock)* | 1,020 | 278,797 | |||
5,006,159 | |||||
Energy Equipment & Services 0.3% | |||||
Baker Hughes Co. | 20,245 | 691,974 | |||
Halliburton Co. | 18,022 | 651,496 | |||
Schlumberger NV | 28,532 | 1,484,805 | |||
2,828,275 | |||||
Entertainment 1.2% | |||||
Electronic Arts, Inc. | 4,800 | 656,688 | |||
Live Nation Entertainment, Inc.* | 2,900 | 271,440 | |||
Netflix, Inc.* | 8,750 | 4,260,200 | |||
Take-Two Interactive Software, Inc.* | 3,200 | 515,040 |
6
PGIM Quant Solutions Large-Cap Index Fund
Schedule of Investments as of December 31,
2023 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Entertainment (cont’d.) | |||||
Walt Disney Co. (The) | 36,736 | $3,316,894 | |||
Warner Bros Discovery, Inc.* | 44,585 | 507,377 | |||
9,527,639 | |||||
Financial Services 4.1% | |||||
Berkshire Hathaway, Inc. (Class B Stock)* | 36,390 | 12,978,858 | |||
Fidelity National Information Services, Inc. | 11,960 | 718,437 | |||
Fiserv, Inc.* | 12,300 | 1,633,932 | |||
FleetCor Technologies, Inc.* | 1,320 | 373,045 | |||
Global Payments, Inc. | 5,194 | 659,638 | |||
Jack Henry & Associates, Inc. | 1,500 | 245,115 | |||
Mastercard, Inc. (Class A Stock) | 16,500 | 7,037,415 | |||
PayPal Holdings, Inc.* | 21,630 | 1,328,298 | |||
Visa, Inc. (Class A Stock)(a) | 31,950 | 8,318,183 | |||
33,292,921 | |||||
Food Products 0.9% | |||||
Archer-Daniels-Midland Co. | 10,759 | 777,015 | |||
Bunge Global SA | 2,800 | 282,660 | |||
Campbell Soup Co. | 3,947 | 170,629 | |||
Conagra Brands, Inc. | 9,643 | 276,368 | |||
General Mills, Inc. | 11,744 | 765,004 | |||
Hershey Co. (The) | 3,016 | 562,303 | |||
Hormel Foods Corp. | 5,400 | 173,394 | |||
J.M. Smucker Co. (The) | 2,170 | 274,245 | |||
Kellanova | 5,270 | 294,646 | |||
Kraft Heinz Co. (The) | 16,055 | 593,714 | |||
Lamb Weston Holdings, Inc. | 2,900 | 313,461 | |||
McCormick & Co., Inc. | 5,100 | 348,942 | |||
Mondelez International, Inc. (Class A Stock) | 27,366 | 1,982,119 | |||
Tyson Foods, Inc. (Class A Stock) | 5,700 | 306,375 | |||
7,120,875 | |||||
Gas Utilities 0.0% | |||||
Atmos Energy Corp. | 3,000 | 347,700 | |||
Ground Transportation 1.1% | |||||
CSX Corp. | 39,654 | 1,374,804 | |||
J.B. Hunt Transport Services, Inc. | 1,650 | 329,571 | |||
Norfolk Southern Corp. | 4,531 | 1,071,038 | |||
Old Dominion Freight Line, Inc. | 1,800 | 729,594 |
7
PGIM Quant Solutions Large-Cap Index Fund
Schedule of Investments as of December 31,
2023 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Ground Transportation (cont’d.) | |||||
Uber Technologies, Inc.* | 40,700 | $2,505,899 | |||
Union Pacific Corp. | 12,256 | 3,010,319 | |||
9,021,225 | |||||
Health Care Equipment & Supplies 2.5% | |||||
Abbott Laboratories | 34,813 | 3,831,867 | |||
Align Technology, Inc.* | 1,410 | 386,340 | |||
Baxter International, Inc. | 10,174 | 393,327 | |||
Becton, Dickinson & Co. | 5,865 | 1,430,063 | |||
Boston Scientific Corp.* | 29,372 | 1,697,995 | |||
Cooper Cos., Inc. (The) | 1,000 | 378,440 | |||
DENTSPLY SIRONA, Inc. | 3,700 | 131,683 | |||
Dexcom, Inc.* | 7,620 | 945,566 | |||
Edwards Lifesciences Corp.* | 12,210 | 931,012 | |||
GE HealthCare Technologies, Inc. | 7,900 | 610,828 | |||
Hologic, Inc.* | 4,900 | 350,105 | |||
IDEXX Laboratories, Inc.* | 1,660 | 921,383 | |||
Insulet Corp.* | 1,300 | 282,074 | |||
Intuitive Surgical, Inc.* | 7,080 | 2,388,509 | |||
Medtronic PLC | 26,715 | 2,200,782 | |||
ResMed, Inc. | 2,990 | 514,340 | |||
STERIS PLC | 2,000 | 439,700 | |||
Stryker Corp. | 6,760 | 2,024,349 | |||
Teleflex, Inc. | 900 | 224,406 | |||
Zimmer Biomet Holdings, Inc. | 4,211 | 512,479 | |||
20,595,248 | |||||
Health Care Providers & Services 2.8% | |||||
Cardinal Health, Inc. | 4,973 | 501,278 | |||
Cencora, Inc. | 3,360 | 690,077 | |||
Centene Corp.* | 10,908 | 809,483 | |||
Cigna Group (The) | 5,768 | 1,727,228 | |||
CVS Health Corp. | 25,846 | 2,040,800 | |||
DaVita, Inc.* | 1,000 | 104,760 | |||
Elevance Health, Inc. | 4,710 | 2,221,048 | |||
HCA Healthcare, Inc. | 3,900 | 1,055,652 | |||
Henry Schein, Inc.* | 2,600 | 196,846 | |||
Humana, Inc. | 2,500 | 1,144,525 | |||
Laboratory Corp. of America Holdings | 1,600 | 363,664 | |||
McKesson Corp. | 2,726 | 1,262,083 | |||
Molina Healthcare, Inc.* | 1,200 | 433,572 | |||
Quest Diagnostics, Inc. | 2,300 | 317,124 |
8
PGIM Quant Solutions Large-Cap Index Fund
Schedule of Investments as of December 31,
2023 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Health Care Providers & Services (cont’d.) | |||||
UnitedHealth Group, Inc. | 18,518 | $9,749,171 | |||
Universal Health Services, Inc. (Class B Stock) | 1,170 | 178,355 | |||
22,795,666 | |||||
Health Care REITs 0.2% | |||||
Healthpeak Properties, Inc. | 10,300 | 203,940 | |||
Ventas, Inc. | 8,133 | 405,349 | |||
Welltower, Inc. | 11,100 | 1,000,887 | |||
1,610,176 | |||||
Hotel & Resort REITs 0.0% | |||||
Host Hotels & Resorts, Inc. | 14,336 | 279,122 | |||
Hotels, Restaurants & Leisure 2.1% | |||||
Airbnb, Inc. (Class A Stock)* | 8,600 | 1,170,804 | |||
Booking Holdings, Inc.* | 700 | 2,483,054 | |||
Caesars Entertainment, Inc.* | 3,900 | 182,832 | |||
Carnival Corp.* | 19,400 | 359,676 | |||
Chipotle Mexican Grill, Inc.* | 537 | 1,228,098 | |||
Darden Restaurants, Inc. | 2,453 | 403,028 | |||
Domino’s Pizza, Inc. | 700 | 288,561 | |||
Expedia Group, Inc.* | 2,600 | 394,654 | |||
Hilton Worldwide Holdings, Inc. | 5,260 | 957,793 | |||
Las Vegas Sands Corp. | 7,460 | 367,107 | |||
Marriott International, Inc. (Class A Stock) | 4,840 | 1,091,468 | |||
McDonald’s Corp. | 14,480 | 4,293,465 | |||
MGM Resorts International* | 5,700 | 254,676 | |||
Norwegian Cruise Line Holdings Ltd.* | 8,400 | 168,336 | |||
Royal Caribbean Cruises Ltd.* | 4,700 | 608,603 | |||
Starbucks Corp. | 22,980 | 2,206,310 | |||
Wynn Resorts Ltd. | 1,800 | 163,998 | |||
Yum! Brands, Inc. | 5,664 | 740,058 | |||
17,362,521 | |||||
Household Durables 0.4% | |||||
D.R. Horton, Inc. | 5,900 | 896,682 | |||
Garmin Ltd. | 3,100 | 398,474 | |||
Lennar Corp. (Class A Stock) | 4,900 | 730,296 | |||
Mohawk Industries, Inc.* | 940 | 97,290 | |||
NVR, Inc.* | 55 | 385,025 |
9
PGIM Quant Solutions Large-Cap Index Fund
Schedule of Investments as of December 31,
2023 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Household Durables (cont’d.) | |||||
PulteGroup, Inc. | 4,211 | $434,659 | |||
Whirlpool Corp. | 1,085 | 132,121 | |||
3,074,547 | |||||
Household Products 1.2% | |||||
Church & Dwight Co., Inc. | 5,000 | 472,800 | |||
Clorox Co. (The) | 2,482 | 353,908 | |||
Colgate-Palmolive Co. | 16,660 | 1,327,969 | |||
Kimberly-Clark Corp. | 6,766 | 822,137 | |||
Procter & Gamble Co. (The) | 47,163 | 6,911,266 | |||
9,888,080 | |||||
Independent Power & Renewable Electricity Producers 0.0% | |||||
AES Corp. (The) | 13,500 | 259,875 | |||
Industrial Conglomerates 0.8% | |||||
3M Co. | 11,088 | 1,212,140 | |||
General Electric Co. | 21,700 | 2,769,571 | |||
Honeywell International, Inc. | 13,185 | 2,765,026 | |||
6,746,737 | |||||
Industrial REITs 0.3% | |||||
Prologis, Inc. | 18,389 | 2,451,254 | |||
Insurance 2.0% | |||||
Aflac, Inc. | 10,600 | 874,500 | |||
Allstate Corp. (The) | 5,108 | 715,018 | |||
American International Group, Inc. | 13,951 | 945,180 | |||
Aon PLC (Class A Stock) | 3,889 | 1,131,777 | |||
Arch Capital Group Ltd.* | 7,500 | 557,025 | |||
Arthur J. Gallagher & Co. | 4,300 | 966,984 | |||
Assurant, Inc. | 1,100 | 185,339 | |||
Brown & Brown, Inc. | 4,700 | 334,217 | |||
Chubb Ltd. | 8,053 | 1,819,978 | |||
Cincinnati Financial Corp. | 3,007 | 311,104 | |||
Everest Group Ltd. | 810 | 286,400 | |||
Globe Life, Inc. | 1,733 | 210,941 | |||
Hartford Financial Services Group, Inc. (The) | 6,153 | 494,578 | |||
Loews Corp. | 3,517 | 244,748 | |||
Marsh & McLennan Cos., Inc. | 9,740 | 1,845,438 | |||
MetLife, Inc. | 12,650 | 836,545 | |||
Principal Financial Group, Inc. | 4,500 | 354,015 |
10
PGIM Quant Solutions Large-Cap Index Fund
Schedule of Investments as of December 31,
2023 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Insurance (cont’d.) | |||||
Progressive Corp. (The) | 11,616 | $1,850,196 | |||
Prudential Financial, Inc.(g) | 7,100 | 736,341 | |||
Travelers Cos., Inc. (The) | 4,631 | 882,159 | |||
W.R. Berkley Corp. | 4,100 | 289,952 | |||
Willis Towers Watson PLC | 2,100 | 506,520 | |||
16,378,955 | |||||
Interactive Media & Services 5.7% | |||||
Alphabet, Inc. (Class A Stock)* | 118,300 | 16,525,327 | |||
Alphabet, Inc. (Class C Stock)* | 99,540 | 14,028,172 | |||
Match Group, Inc.* | 5,400 | 197,100 | |||
Meta Platforms, Inc. (Class A Stock)* | 44,260 | 15,666,270 | |||
46,416,869 | |||||
IT Services 1.2% | |||||
Accenture PLC (Class A Stock) | 12,490 | 4,382,866 | |||
Akamai Technologies, Inc.* | 3,100 | 366,885 | |||
Cognizant Technology Solutions Corp. (Class A Stock) | 10,200 | 770,406 | |||
EPAM Systems, Inc.* | 1,200 | 356,808 | |||
Gartner, Inc.* | 1,570 | 708,243 | |||
International Business Machines Corp. | 18,274 | 2,988,712 | |||
VeriSign, Inc.* | 1,780 | 366,609 | |||
9,940,529 | |||||
Leisure Products 0.0% | |||||
Hasbro, Inc. | 2,554 | 130,407 | |||
Life Sciences Tools & Services 1.4% | |||||
Agilent Technologies, Inc. | 5,898 | 819,999 | |||
Bio-Rad Laboratories, Inc. (Class A Stock)* | 350 | 113,011 | |||
Bio-Techne Corp. | 3,180 | 245,369 | |||
Charles River Laboratories International, Inc.* | 1,050 | 248,220 | |||
Danaher Corp. | 13,020 | 3,012,047 | |||
Illumina, Inc.* | 3,230 | 449,745 | |||
IQVIA Holdings, Inc.* | 3,710 | 858,420 | |||
Mettler-Toledo International, Inc.* | 440 | 533,702 | |||
Revvity, Inc. | 2,470 | 269,996 | |||
Thermo Fisher Scientific, Inc. | 7,712 | 4,093,452 | |||
Waters Corp.* | 1,220 | 401,661 | |||
West Pharmaceutical Services, Inc. | 1,540 | 542,265 | |||
11,587,887 |
11
PGIM Quant Solutions Large-Cap Index Fund
Schedule of Investments as of December 31,
2023 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Machinery 1.7% | |||||
Caterpillar, Inc. | 10,096 | $2,985,084 | |||
Cummins, Inc. | 2,706 | 648,276 | |||
Deere & Co. | 5,330 | 2,131,307 | |||
Dover Corp. | 2,862 | 440,204 | |||
Fortive Corp. | 7,050 | 519,092 | |||
IDEX Corp. | 1,400 | 303,954 | |||
Illinois Tool Works, Inc. | 5,386 | 1,410,809 | |||
Ingersoll Rand, Inc. | 8,129 | 628,697 | |||
Nordson Corp. | 1,100 | 290,576 | |||
Otis Worldwide Corp. | 8,264 | 739,380 | |||
PACCAR, Inc. | 10,546 | 1,029,817 | |||
Parker-Hannifin Corp. | 2,568 | 1,183,078 | |||
Pentair PLC | 3,146 | 228,746 | |||
Snap-on, Inc. | 942 | 272,087 | |||
Stanley Black & Decker, Inc. | 3,088 | 302,933 | |||
Westinghouse Air Brake Technologies Corp. | 3,460 | 439,074 | |||
Xylem, Inc. | 4,850 | 554,646 | |||
14,107,760 | |||||
Media 0.7% | |||||
Charter Communications, Inc. (Class A Stock)* | 1,890 | 734,605 | |||
Comcast Corp. (Class A Stock) | 80,520 | 3,530,802 | |||
Fox Corp. (Class A Stock) | 5,066 | 150,308 | |||
Fox Corp. (Class B Stock) | 2,666 | 73,715 | |||
Interpublic Group of Cos., Inc. (The) | 7,288 | 237,880 | |||
News Corp. (Class A Stock) | 7,375 | 181,056 | |||
News Corp. (Class B Stock) | 2,700 | 69,444 | |||
Omnicom Group, Inc. | 3,934 | 340,331 | |||
Paramount Global (Class B Stock) | 9,597 | 141,940 | |||
5,460,081 | |||||
Metals & Mining 0.4% | |||||
Freeport-McMoRan, Inc. | 28,842 | 1,227,804 | |||
Newmont Corp. | 23,197 | 960,124 | |||
Nucor Corp. | 4,812 | 837,480 | |||
Steel Dynamics, Inc. | 3,100 | 366,110 | |||
3,391,518 | |||||
Multi-Utilities 0.6% | |||||
Ameren Corp. | 5,269 | 381,159 | |||
CenterPoint Energy, Inc. | 12,679 | 362,239 | |||
CMS Energy Corp. | 5,900 | 342,613 |
12
PGIM Quant Solutions Large-Cap Index Fund
Schedule of Investments as of December 31,
2023 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Multi-Utilities (cont’d.) | |||||
Consolidated Edison, Inc. | 6,951 | $632,332 | |||
Dominion Energy, Inc. | 16,850 | 791,950 | |||
DTE Energy Co. | 4,187 | 461,659 | |||
NiSource, Inc. | 8,000 | 212,400 | |||
Public Service Enterprise Group, Inc. | 9,994 | 611,133 | |||
Sempra | 12,656 | 945,783 | |||
WEC Energy Group, Inc. | 6,333 | 533,049 | |||
5,274,317 | |||||
Office REITs 0.1% | |||||
Alexandria Real Estate Equities, Inc. | 3,100 | 392,987 | |||
Boston Properties, Inc. | 2,880 | 202,090 | |||
595,077 | |||||
Oil, Gas & Consumable Fuels 3.5% | |||||
APA Corp. | 5,648 | 202,650 | |||
Chevron Corp. | 35,047 | 5,227,611 | |||
ConocoPhillips | 23,781 | 2,760,261 | |||
Coterra Energy, Inc. | 15,200 | 387,904 | |||
Devon Energy Corp. | 12,900 | 584,370 | |||
Diamondback Energy, Inc. | 3,580 | 555,186 | |||
EOG Resources, Inc. | 11,700 | 1,415,115 | |||
EQT Corp. | 8,200 | 317,012 | |||
Exxon Mobil Corp. | 80,052 | 8,003,599 | |||
Hess Corp. | 5,534 | 797,782 | |||
Kinder Morgan, Inc. | 38,980 | 687,607 | |||
Marathon Oil Corp. | 11,378 | 274,893 | |||
Marathon Petroleum Corp. | 7,576 | 1,123,975 | |||
Occidental Petroleum Corp. | 13,379 | 798,860 | |||
ONEOK, Inc. | 11,700 | 821,574 | |||
Phillips 66 | 8,928 | 1,188,674 | |||
Pioneer Natural Resources Co. | 4,700 | 1,056,936 | |||
Targa Resources Corp. | 4,500 | 390,915 | |||
Valero Energy Corp. | 6,800 | 884,000 | |||
Williams Cos., Inc. (The) | 24,392 | 849,573 | |||
28,328,497 | |||||
Passenger Airlines 0.2% | |||||
American Airlines Group, Inc.* | 12,750 | 175,185 | |||
Delta Air Lines, Inc. | 12,900 | 518,967 |
13
PGIM Quant Solutions Large-Cap Index Fund
Schedule of Investments as of December 31,
2023 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Passenger Airlines (cont’d.) | |||||
Southwest Airlines Co. | 11,974 | $345,809 | |||
United Airlines Holdings, Inc.* | 6,600 | 272,316 | |||
1,312,277 | |||||
Personal Care Products 0.2% | |||||
Estee Lauder Cos., Inc. (The) (Class A Stock) | 4,670 | 682,987 | |||
Kenvue, Inc. | 34,600 | 744,938 | |||
1,427,925 | |||||
Pharmaceuticals 3.7% | |||||
Bristol-Myers Squibb Co. | 40,779 | 2,092,370 | |||
Catalent, Inc.* | 3,400 | 152,762 | |||
Eli Lilly & Co. | 15,937 | 9,289,996 | |||
Johnson & Johnson | 48,009 | 7,524,931 | |||
Merck & Co., Inc. | 50,793 | 5,537,453 | |||
Pfizer, Inc. | 113,363 | 3,263,721 | |||
Viatris, Inc. | 24,099 | 260,992 | |||
Zoetis, Inc. | 9,100 | 1,796,067 | |||
29,918,292 | |||||
Professional Services 0.7% | |||||
Automatic Data Processing, Inc. | 8,248 | 1,921,536 | |||
Broadridge Financial Solutions, Inc. | 2,400 | 493,800 | |||
Ceridian HCM Holding, Inc.* | 2,900 | 194,648 | |||
Equifax, Inc. | 2,430 | 600,915 | |||
Jacobs Solutions, Inc. | 2,500 | 324,500 | |||
Leidos Holdings, Inc. | 2,800 | 303,072 | |||
Paychex, Inc. | 6,425 | 765,282 | |||
Paycom Software, Inc. | 850 | 175,712 | |||
Robert Half, Inc. | 2,000 | 175,840 | |||
Verisk Analytics, Inc. | 2,930 | 699,860 | |||
5,655,165 | |||||
Real Estate Management & Development 0.2% | |||||
CBRE Group, Inc. (Class A Stock)* | 6,200 | 577,158 | |||
CoStar Group, Inc.* | 8,200 | 716,598 | |||
1,293,756 | |||||
Residential REITs 0.3% | |||||
AvalonBay Communities, Inc. | 2,711 | 507,554 |
14
PGIM Quant Solutions Large-Cap Index Fund
Schedule of Investments as of December 31,
2023 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Residential REITs (cont’d.) | |||||
Camden Property Trust | 2,000 | $198,580 | |||
Equity Residential | 6,900 | 422,004 | |||
Essex Property Trust, Inc. | 1,300 | 322,322 | |||
Invitation Homes, Inc. | 11,600 | 395,676 | |||
Mid-America Apartment Communities, Inc. | 2,370 | 318,670 | |||
UDR, Inc. | 5,700 | 218,253 | |||
2,383,059 | |||||
Retail REITs 0.3% | |||||
Federal Realty Investment Trust | 1,500 | 154,575 | |||
Kimco Realty Corp. | 13,400 | 285,554 | |||
Realty Income Corp. | 14,200 | 815,364 | |||
Regency Centers Corp. | 3,100 | 207,700 | |||
Simon Property Group, Inc. | 6,589 | 939,855 | |||
2,403,048 | |||||
Semiconductors & Semiconductor Equipment 8.0% | |||||
Advanced Micro Devices, Inc.* | 32,228 | 4,750,729 | |||
Analog Devices, Inc. | 9,916 | 1,968,921 | |||
Applied Materials, Inc. | 16,688 | 2,704,624 | |||
Broadcom, Inc. | 8,789 | 9,810,721 | |||
Enphase Energy, Inc.* | 2,720 | 359,421 | |||
First Solar, Inc.* | 2,200 | 379,016 | |||
Intel Corp. | 84,148 | 4,228,437 | |||
KLA Corp. | 2,710 | 1,575,323 | |||
Lam Research Corp. | 2,632 | 2,061,540 | |||
Microchip Technology, Inc. | 10,920 | 984,766 | |||
Micron Technology, Inc. | 22,016 | 1,878,845 | |||
Monolithic Power Systems, Inc. | 970 | 611,857 | |||
NVIDIA Corp. | 49,440 | 24,483,677 | |||
NXP Semiconductors NV (China) | 5,160 | 1,185,149 | |||
ON Semiconductor Corp.* | 8,700 | 726,711 | |||
Qorvo, Inc.* | 1,971 | 221,954 | |||
QUALCOMM, Inc. | 22,200 | 3,210,786 | |||
Skyworks Solutions, Inc. | 3,200 | 359,744 | |||
Teradyne, Inc. | 3,100 | 336,412 | |||
Texas Instruments, Inc. | 18,052 | 3,077,144 | |||
64,915,777 | |||||
Software 10.6% | |||||
Adobe, Inc.* | 9,080 | 5,417,128 | |||
ANSYS, Inc.* | 1,800 | 653,184 |
15
PGIM Quant Solutions Large-Cap Index Fund
Schedule of Investments as of December 31,
2023 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Software (cont’d.) | |||||
Autodesk, Inc.* | 4,290 | $1,044,529 | |||
Cadence Design Systems, Inc.* | 5,500 | 1,498,035 | |||
Fair Isaac Corp.* | 500 | 582,005 | |||
Fortinet, Inc.* | 12,700 | 743,331 | |||
Gen Digital, Inc. | 11,317 | 258,254 | |||
Intuit, Inc. | 5,590 | 3,493,918 | |||
Microsoft Corp. | 148,612 | 55,884,057 | |||
Oracle Corp. | 31,890 | 3,362,163 | |||
Palo Alto Networks, Inc.* | 6,200 | 1,828,256 | |||
PTC, Inc.* | 2,400 | 419,904 | |||
Roper Technologies, Inc. | 2,140 | 1,166,664 | |||
Salesforce, Inc.* | 19,360 | 5,094,390 | |||
ServiceNow, Inc.* | 4,100 | 2,896,609 | |||
Synopsys, Inc.* | 3,020 | 1,555,028 | |||
Tyler Technologies, Inc.* | 820 | 342,858 | |||
86,240,313 | |||||
Specialized REITs 1.1% | |||||
American Tower Corp. | 9,350 | 2,018,478 | |||
Crown Castle, Inc. | 8,700 | 1,002,153 | |||
Digital Realty Trust, Inc. | 6,100 | 820,938 | |||
Equinix, Inc. | 1,886 | 1,518,965 | |||
Extra Space Storage, Inc. | 4,100 | 657,353 | |||
Iron Mountain, Inc. | 5,905 | 413,232 | |||
Public Storage | 3,200 | 976,000 | |||
SBA Communications Corp. | 2,200 | 558,118 | |||
VICI Properties, Inc. | 20,400 | 650,352 | |||
Weyerhaeuser Co. | 14,639 | 508,998 | |||
9,124,587 | |||||
Specialty Retail 2.0% | |||||
AutoZone, Inc.* | 350 | 904,963 | |||
Bath & Body Works, Inc. | 4,222 | 182,222 | |||
Best Buy Co., Inc. | 3,700 | 289,636 | |||
CarMax, Inc.* | 3,200 | 245,568 | |||
Home Depot, Inc. (The) | 19,964 | 6,918,524 | |||
Lowe’s Cos., Inc. | 11,566 | 2,574,013 | |||
O’Reilly Automotive, Inc.* | 1,180 | 1,121,094 | |||
Ross Stores, Inc. | 6,900 | 954,891 | |||
TJX Cos., Inc. (The) | 22,828 | 2,141,495 |
16
PGIM Quant Solutions Large-Cap Index Fund
Schedule of Investments as of December 31,
2023 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Specialty Retail (cont’d.) | |||||
Tractor Supply Co. | 2,200 | $473,066 | |||
Ulta Beauty, Inc.* | 940 | 460,591 | |||
16,266,063 | |||||
Technology Hardware, Storage & Peripherals 7.1% | |||||
Apple, Inc. | 292,262 | 56,269,203 | |||
Hewlett Packard Enterprise Co. | 25,902 | 439,816 | |||
HP, Inc. | 17,402 | 523,626 | |||
NetApp, Inc. | 4,200 | 370,272 | |||
Seagate Technology Holdings PLC | 3,900 | 332,943 | |||
Western Digital Corp.* | 6,425 | 336,477 | |||
58,272,337 | |||||
Textiles, Apparel & Luxury Goods 0.5% | |||||
Lululemon Athletica, Inc.* | 2,300 | 1,175,967 | |||
NIKE, Inc. (Class B Stock) | 24,574 | 2,667,999 | |||
Ralph Lauren Corp. | 700 | 100,940 | |||
Tapestry, Inc. | 4,500 | 165,645 | |||
VF Corp. | 6,936 | 130,397 | |||
4,240,948 | |||||
Tobacco 0.5% | |||||
Altria Group, Inc. | 35,679 | 1,439,291 | |||
Philip Morris International, Inc. | 31,179 | 2,933,320 | |||
4,372,611 | |||||
Trading Companies & Distributors 0.3% | |||||
Fastenal Co. | 11,500 | 744,855 | |||
United Rentals, Inc. | 1,350 | 774,117 | |||
W.W. Grainger, Inc. | 864 | 715,988 | |||
2,234,960 | |||||
Water Utilities 0.1% | |||||
American Water Works Co., Inc. | 3,900 | 514,761 | |||
Wireless Telecommunication Services 0.2% | |||||
T-Mobile US, Inc. | 10,170 | 1,630,556 | |||
Total Common Stocks (cost $210,023,063) | 800,434,186 |
17
PGIM Quant Solutions Large-Cap Index Fund
Schedule of Investments as of December 31,
2023 (unaudited) (continued)
Description | Shares | Value | |||
Unaffiliated Exchange-Traded Fund 0.8% | |||||
iShares Core S&P 500 ETF (cost $5,299,252) | 13,400 | $6,400,242 | |||
Total Long-Term Investments (cost $215,322,315) | 806,834,428 | ||||
Short-Term Investments 2.3% | |||||
Affiliated Mutual Funds 2.2% | |||||
PGIM Core Government Money Market Fund(wb) | 11,227,285 | 11,227,285 | |||
PGIM Institutional Money Market Fund (cost $6,687,470; includes $6,655,982 of cash collateral for securities on loan)(b)(wb) | 6,691,514 | 6,688,837 | |||
Total Affiliated Mutual Funds (cost $17,914,755) | 17,916,122 |
Interest Rate | Maturity Date | Principal Amount (000)# | |||||
U.S. Treasury Obligation(k)(n) 0.1% | |||||||
U.S. Treasury Bills (cost $1,078,531) | 5.260 % | 03/14/24 | 1,090 | 1,078,704 | |||
Total Short-Term Investments (cost $18,993,286) | 18,994,826 | ||||||
TOTAL INVESTMENTS 101.2% (cost $234,315,601) | 825,829,254 | ||||||
Liabilities in excess of other assets(z) (1.2)% | (10,089,262) | ||||||
Net Assets 100.0% | $815,739,992 |
Below is a list of the abbreviation(s) used in the quarterly schedule of portfolio holdings: |
ETF—Exchange-Traded Fund | |
REITs—Real Estate Investment Trust | |
S&P—Standard & Poor’s |
* | 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 $6,508,750; cash collateral of $6,655,982 (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. |
18
PGIM Quant Solutions Large-Cap Index Fund
Schedule of Investments as of December 31,
2023 (unaudited) (continued)
(g) | An affiliated security. |
(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. |
(wb) | Represents an investment in a Fund affiliated with the Manager. |
(z) | Includes net unrealized appreciation/(depreciation) and/or market value of the below holdings which are excluded from the Schedule of Investments: |
Futures contracts outstanding at December 31, 2023: | ||||||||
Number of Contracts | Type | Expiration Date | Current Notional Amount | Value / Unrealized Appreciation (Depreciation) | ||||
Long Position: | ||||||||
54 | S&P 500 E-Mini Index | Mar. 2024 | $13,014,000 | $381,789 |
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).
19