PGIM Jennison Growth Fund
Schedule of Investments as of June 30, 2021 (unaudited)
Description | Shares | Value | |||
Long-Term Investments 99.7% | |||||
Common Stocks | |||||
Aerospace & Defense 0.8% | |||||
Safran SA (France) | 517,068 | $71,702,661 | |||
Automobiles 4.9% | |||||
Tesla, Inc.* | 610,184 | 414,742,065 | |||
Capital Markets 1.3% | |||||
Goldman Sachs Group, Inc. (The) | 117,087 | 44,438,029 | |||
S&P Global, Inc.(a) | 163,755 | 67,213,240 | |||
111,651,269 | |||||
Entertainment 4.1% | |||||
Netflix, Inc.* | 376,833 | 199,046,959 | |||
ROBLOX Corp. (Class A Stock)* | 591,265 | 53,202,025 | |||
Spotify Technology SA* | 345,356 | 95,176,660 | |||
347,425,644 | |||||
Food & Staples Retailing 1.1% | |||||
Costco Wholesale Corp. | 246,458 | 97,516,037 | |||
Health Care Equipment & Supplies 2.2% | |||||
Danaher Corp. | 336,111 | 90,198,748 | |||
Dexcom, Inc.*(a) | 128,123 | 54,708,521 | |||
Intuitive Surgical, Inc.* | 44,896 | 41,288,157 | |||
186,195,426 | |||||
Health Care Providers & Services 0.7% | |||||
UnitedHealth Group, Inc. | 157,268 | 62,976,398 | |||
Hotels, Restaurants & Leisure 2.4% | |||||
Airbnb, Inc. (Class A Stock)* | 527,199 | 80,735,255 | |||
Chipotle Mexican Grill, Inc.* | 63,206 | 97,990,790 | |||
Marriott International, Inc. (Class A Stock)* | 182,245 | 24,880,087 | |||
203,606,132 | |||||
Interactive Media & Services 13.5% | |||||
Alphabet, Inc. (Class A Stock)* | 100,816 | 246,171,501 | |||
Alphabet, Inc. (Class C Stock)* | 93,773 | 235,025,145 | |||
Facebook, Inc. (Class A Stock)* | 974,903 | 338,983,522 |
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PGIM Jennison Growth Fund
Schedule of Investments as of June 30, 2021 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Interactive Media & Services (cont’d.) | |||||
Match Group, Inc.* | 1,058,529 | $170,687,801 | |||
Snap, Inc. (Class A Stock)* | 2,295,826 | 156,437,584 | |||
1,147,305,553 | |||||
Internet & Direct Marketing Retail 7.8% | |||||
Amazon.com, Inc.* | 175,864 | 605,000,298 | |||
MercadoLibre, Inc. (Argentina)* | 40,062 | 62,408,183 | |||
667,408,481 | |||||
IT Services 18.4% | |||||
Adyen NV (Netherlands), 144A* | 63,804 | 156,192,214 | |||
Mastercard, Inc. (Class A Stock) | 415,084 | 151,543,018 | |||
Okta, Inc.* | 121,898 | 29,826,003 | |||
PayPal Holdings, Inc.* | 674,032 | 196,466,847 | |||
Shopify, Inc. (Canada) (Class A Stock)* | 272,330 | 397,868,683 | |||
Snowflake, Inc. (Class A Stock)* | 203,501 | 49,206,542 | |||
Square, Inc. (Class A Stock)* | 669,967 | 163,337,955 | |||
Twilio, Inc. (Class A Stock)* | 496,802 | 195,819,476 | |||
Visa, Inc. (Class A Stock)(a) | 964,339 | 225,481,745 | |||
1,565,742,483 | |||||
Multiline Retail 1.5% | |||||
Target Corp. | 528,369 | 127,727,922 | |||
Personal Products 1.9% | |||||
Estee Lauder Cos., Inc. (The) (Class A Stock) | 505,017 | 160,635,807 | |||
Pharmaceuticals 1.5% | |||||
Eli Lilly & Co. | 564,578 | 129,581,943 | |||
Road & Rail 2.8% | |||||
Uber Technologies, Inc.* | 3,088,106 | 154,775,873 | |||
Union Pacific Corp. | 381,594 | 83,923,968 | |||
238,699,841 | |||||
Semiconductors & Semiconductor Equipment 6.1% | |||||
NVIDIA Corp. | 467,258 | 373,853,126 | |||
Taiwan Semiconductor Manufacturing Co. Ltd. (Taiwan), ADR | 1,203,459 | 144,607,633 | |||
518,460,759 |
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PGIM Jennison Growth Fund
Schedule of Investments as of June 30, 2021 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Software 14.9% | |||||
Adobe, Inc.* | 495,954 | $290,450,500 | |||
Atlassian Corp. PLC (Class A Stock)* | 304,467 | 78,205,394 | |||
Crowdstrike Holdings, Inc. (Class A Stock)* | 562,552 | 141,374,943 | |||
DocuSign, Inc.* | 311,986 | 87,221,926 | |||
Microsoft Corp. | 1,262,989 | 342,143,720 | |||
RingCentral, Inc. (Class A Stock)* | 153,573 | 44,625,242 | |||
salesforce.com, Inc.* | 598,043 | 146,083,964 | |||
Trade Desk, Inc. (The) (Class A Stock)*(a) | 1,058,837 | 81,911,630 | |||
Workday, Inc. (Class A Stock)* | 227,936 | 54,417,441 | |||
1,266,434,760 | |||||
Specialty Retail 2.8% | |||||
Carvana Co.* | 333,999 | 100,807,578 | |||
Home Depot, Inc. (The) | 121,791 | 38,837,932 | |||
TJX Cos., Inc. (The) | 1,487,970 | 100,318,938 | |||
239,964,448 | |||||
Technology Hardware, Storage & Peripherals 4.5% | |||||
Apple, Inc. | 2,818,011 | 385,954,787 | |||
Textiles, Apparel & Luxury Goods 6.5% | |||||
Kering SA (France) | 154,669 | 135,716,012 | |||
Lululemon Athletica, Inc.* | 281,362 | 102,688,689 | |||
LVMH Moet Hennessy Louis Vuitton SE (France) | 220,181 | 172,918,008 | |||
NIKE, Inc. (Class B Stock) | 943,950 | 145,830,836 | |||
557,153,545 | |||||
Total Long-Term Investments (cost $3,370,377,507) | 8,500,885,961 | ||||
Short-Term Investments 4.1% | |||||
Affiliated Mutual Funds | |||||
PGIM Core Ultra Short Bond Fund(wa) | 7,385,665 | 7,385,665 |
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PGIM Jennison Growth Fund
Schedule of Investments as of June 30, 2021 (unaudited) (continued)
Description | Shares | Value | |||
Affiliated Mutual Funds (Continued) | |||||
PGIM Institutional Money Market Fund (cost $341,049,584; includes $341,033,295 of cash collateral for securities on loan)(b)(wa) | 341,493,110 | $341,288,214 | |||
Total Short-Term Investments (cost $348,435,249) | 348,673,879 | ||||
TOTAL INVESTMENTS 103.8% (cost $3,718,812,756) | 8,849,559,840 | ||||
Liabilities in excess of other assets (3.8)% | (327,779,808) | ||||
Net Assets 100.0% | $8,521,780,032 |
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 |
* | Non-income producing security. |
(a) | All or a portion of security is on loan. The aggregate market value of such securities, including those sold and pending settlement, is $332,516,696; cash collateral of $341,033,295 (included in liabilities) was received with which the Series 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 Series 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. |
(wa) | PGIM Investments LLC, the manager of the Series, also serves as manager of the PGIM Core Ultra Short Bond Fund and PGIM Institutional Money Market Fund, if applicable. |
Other information regarding the Series is available in the Series’ most recent Report to Shareholders. This information is available on the Securities and Exchange Commission’s website (www.sec.gov).
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