AST Preservation Asset Allocation Portfolio

Fund Profile

Fund profile

Fund manager

Advanced Series Trust

Total assets

$3.24 bn

Liabilities

$65.84 mm

Net assets

$3.18 bn

Number of holdings

2.19 k

Top 200 of 2186 Holdings

As of Mar 2025

Security	$Holding	Balance	% of Fund	Category	Position	Country
AST PGIM Fixed Income Central Fund	1.03 bn	90.76 mm shares	32.39	Common equity	Long	USA
PGIM Core Ultra Short Bond Fund	329.68 mm	329.68 mm shares	10.38	Short-term investment vehicle	Long	USA
DFCF Dimensional Core Fixed Income ETF	139.54 mm	2.31 mm shares	4.39	Common equity	Long	USA
AST Large-Cap Growth Portfolio	86.15 mm	1.01 mm shares	2.71	Common equity	Long	USA
IVV iShares TIPS Bond ETF	55.52 mm	98.82 k shares	1.75	Common equity	Long	USA
AST HOTCHKIS & WILEY LARGE CAP VALUE	37.11 mm	695.83 k shares	1.17	Common equity	Long	USA
Prudential Series Fund/The - Psf Pgim Jennison Blend Portfolio	32.76 mm	278.81 k shares	1.03	Common equity	Long	USA
iShares Core U.S. Aggregate Bond ETF	30.78 mm	311.19 k shares	0.97	Common equity	Long	USA
Vanguard Dividend Appreciation ETF	28.23 mm	145.50 k shares	0.89	Common equity	Long	USA
DFCF Dimensional Core Fixed Income ETF	26.49 mm	848.32 k shares	0.83	Common equity	Long	USA
iShares Russell 1000 Value ETF	25.92 mm	137.78 k shares	0.82	Common equity	Long	USA
AST Small-Cap Equity Portfolio	21.79 mm	300.65 k shares	0.69	Common equity	Long	USA
AAPL Apple Inc.	20.43 mm	91.99 k shares	0.64	Common equity	Long	USA
iShares Russell 1000 Growth ETF	19.81 mm	54.87 k shares	0.62	Common equity	Long	USA
MSFT Microsoft Corporation	18.76 mm	49.99 k shares	0.59	Common equity	Long	USA
Benefit Street Partners CLO XXI Ltd	17.28 mm	17.30 mm principal	0.54	ABS-collateralized bond/debt obligation	Long	Cayman Islands
PGIM Jennison International Op	16.71 mm	549.57 k shares	0.53	Common equity	Long	USA
NVDA NVIDIA Corporation	16.14 mm	148.91 k shares	0.51	Common equity	Long	USA
PGIM Institutional Money Market Fund - D	15.29 mm	15.30 mm shares	0.48	Short-term investment vehicle	Long	USA
United States Treasury Note/Bond	13.80 mm	25.35 mm principal	0.43	Debt	Long	USA
United States Treasury Bill	13.38 mm	13.50 mm principal	0.42	Debt	Long	USA
Carlyle Euro CLO 2021-2 DAC	13.21 mm	12.24 mm principal	0.42	ABS-collateralized bond/debt obligation	Long	Ireland
Monument Clo 1 DAC	13.03 mm	12.00 mm principal	0.41	ABS-collateralized bond/debt obligation	Long	Ireland
Elmwood CLO 25 Ltd	13.03 mm	13.00 mm principal	0.41	ABS-collateralized bond/debt obligation	Long	Cayman Islands
Regatta VIII Funding Ltd	12.53 mm	12.50 mm principal	0.39	ABS-collateralized bond/debt obligation	Long	Cayman Islands
PSF PGIM High Yield Bond Portfolio	12.49 mm	1.72 mm shares	0.39	Common equity	Long	USA
Wellfleet CLO 2020-1 Ltd	12.24 mm	12.25 mm principal	0.39	ABS-collateralized bond/debt obligation	Long	Cayman Islands
United States Treasury Note/Bond	12.10 mm	12.42 mm principal	0.38	Debt	Long	USA
United States Treasury Note/Bond	12.01 mm	12.82 mm principal	0.38	Debt	Long	USA
AMZN Amazon.com, Inc.	11.82 mm	62.11 k shares	0.37	Common equity	Long	USA
(PI62580) PSF PGIM Jennison Value	10.92 mm	178.21 k shares	0.34	Common equity	Long	USA
CVC Cordatus Loan Fund XV DAC	10.80 mm	10.01 mm principal	0.34	ABS-collateralized bond/debt obligation	Long	Ireland
St Pauls CLO	10.55 mm	9.78 mm principal	0.33	ABS-collateralized bond/debt obligation	Long	Ireland
United States Treasury Note/Bond	10.00 mm	9.95 mm principal	0.31	Debt	Long	USA
Atlas Senior Loan Fund XXIII Ltd	10.00 mm	10.00 mm principal	0.31	ABS-collateralized bond/debt obligation	Long	Jersey
Nassau Euro CLO IV DAC	9.78 mm	9.00 mm principal	0.31	ABS-collateralized bond/debt obligation	Long	Ireland
Contego Clo V DAC	8.76 mm	8.10 mm principal	0.28	ABS-collateralized bond/debt obligation	Long	Ireland
Toro European CLO 9 DAC	8.69 mm	8.00 mm principal	0.27	ABS-collateralized bond/debt obligation	Long	Ireland
Ares European CLO XX DAC	8.68 mm	8.00 mm principal	0.27	ABS-collateralized bond/debt obligation	Long	Ireland
Tikehau CLO XIII DAC	8.65 mm	8.00 mm principal	0.27	ABS-collateralized bond/debt obligation	Long	Ireland
Palmer Square European CLO 2025-1 DAC	8.64 mm	8.00 mm principal	0.27	ABS-collateralized bond/debt obligation	Long	Ireland
META Meta Platforms, Inc.	8.44 mm	14.64 k shares	0.27	Common equity	Long	USA
ICG Euro CLO 2023-1 DAC	8.40 mm	7.75 mm principal	0.26	ABS-collateralized bond/debt obligation	Long	Ireland
Grosvenor Place CLO 2022-1 DAC	8.13 mm	7.50 mm principal	0.26	ABS-collateralized bond/debt obligation	Long	Ireland
United States Treasury Note/Bond	8.01 mm	8.00 mm principal	0.25	Debt	Long	USA
Bundesschatzanweisungen	8.00 mm	7.40 mm principal	0.25	Debt	Long	Germany
Ares Loan Funding IX Ltd	7.98 mm	8.00 mm principal	0.25	ABS-collateralized bond/debt obligation	Long	Cayman Islands
Palmer Square European CLO 2022-2 DAC	7.58 mm	7.00 mm principal	0.24	ABS-collateralized bond/debt obligation	Long	Ireland
Park Avenue Institutional Advisers CLO Ltd 2019-2	7.48 mm	7.50 mm principal	0.24	ABS-collateralized bond/debt obligation	Long	Cayman Islands
Anchorage Capital Clo 17 Ltd	7.47 mm	7.50 mm principal	0.24	ABS-collateralized bond/debt obligation	Long	Cayman Islands
CQS US CLO 2023-3 Ltd	7.24 mm	7.25 mm principal	0.23	ABS-collateralized bond/debt obligation	Long	Jersey
BlueMountain CLO XXX Ltd	7.22 mm	7.25 mm principal	0.23	ABS-collateralized bond/debt obligation	Long	Cayman Islands
Trimaran Cavu 2019-1 Ltd	6.99 mm	7.00 mm principal	0.22	ABS-collateralized bond/debt obligation	Long	Cayman Islands
Madison Park Funding XXVIII Ltd	6.99 mm	7.00 mm principal	0.22	ABS-collateralized bond/debt obligation	Long	Cayman Islands
United States Treasury Note/Bond	6.85 mm	8.70 mm principal	0.22	Debt	Long	USA
Generate CLO 8 Ltd	6.73 mm	6.75 mm principal	0.21	ABS-collateralized bond/debt obligation	Long	Cayman Islands
Ares European CLO XI DAC	6.21 mm	5.75 mm principal	0.20	ABS-collateralized bond/debt obligation	Long	Ireland
Vanguard Bond Index Funds	6.11 mm	83.23 k shares	0.19	Common equity	Long	USA
Anchorage Capital Clo 11 Ltd	6.01 mm	6.00 mm principal	0.19	ABS-collateralized bond/debt obligation	Long	Cayman Islands
Silver Rock CLO III	6.01 mm	6.00 mm principal	0.19	ABS-collateralized bond/debt obligation	Long	Cayman Islands
GOOG Alphabet Inc.	5.93 mm	38.36 k shares	0.19	Common equity	Long	USA
Broadcom Pte. Ltd.	5.53 mm	33.05 k shares	0.17	Common equity	Long	USA
NGC 2024-I Ltd	5.01 mm	5.00 mm principal	0.16	ABS-collateralized bond/debt obligation	Long	Jersey
Madison Park Funding LX Ltd	5.00 mm	5.00 mm principal	0.16	ABS-collateralized bond/debt obligation	Long	Cayman Islands
Toro European CLO 2 DAC	4.92 mm	4.55 mm principal	0.15	ABS-collateralized bond/debt obligation	Long	Ireland
PGIM Global Real Estate Fund	4.90 mm	250.97 k shares	0.15	Common equity	Long	USA
United States Treasury Strip Coupon	4.89 mm	10.63 mm principal	0.15	Debt	Long	USA
TCW CLO 2017-1A Ltd	4.81 mm	4.81 mm principal	0.15	ABS-collateralized bond/debt obligation	Long	Cayman Islands
BRK-B Berkshire Hathaway Inc.	4.74 mm	8.90 k shares	0.15	Common equity	Long	USA
LLY Eli Lilly and Company	4.66 mm	5.65 k shares	0.15	Common equity	Long	USA
ZEGONA HOLDCO LTD	4.39 mm	4.08 mm principal	0.14	Loan	Long	UK
GOOG Alphabet Inc.	4.34 mm	27.80 k shares	0.14	Common equity	Long	USA
MA Mastercard Incorporated	4.11 mm	7.50 k shares	0.13	Common equity	Long	USA
UNH UnitedHealth Group Incorporated	4.04 mm	7.72 k shares	0.13	Common equity	Long	USA
Ocean Trails CLO XV Ltd	4.01 mm	4.00 mm principal	0.13	ABS-collateralized bond/debt obligation	Long	Jersey
Indigo Credit Management I DAC	3.87 mm	3.55 mm principal	0.12	ABS-collateralized bond/debt obligation	Long	Ireland
United States Treasury Note/Bond	3.56 mm	3.62 mm principal	0.11	Debt	Long	USA
PGIM Jennison Natural Resource Fund	3.51 mm	64.48 k shares	0.11	Common equity	Long	USA
United States Treasury Strip Coupon	3.42 mm	7.75 mm principal	0.11	Debt	Long	USA
CBAM 2020-12 Ltd	3.42 mm	3.43 mm principal	0.11	ABS-collateralized bond/debt obligation	Long	Cayman Islands
PEER HOLDING III BV	3.37 mm	3.13 mm principal	0.11	Loan	Long	Netherlands
TSLA Tesla, Inc.	3.31 mm	12.77 k shares	0.10	Common equity	Long	USA
V Visa Inc.	3.26 mm	9.30 k shares	0.10	Common equity	Long	USA
JPM JPMorgan Chase & Co.	3.21 mm	13.10 k shares	0.10	Common equity	Long	USA
IVV iShares TIPS Bond ETF	3.18 mm	35.10 k shares	0.10	Common equity	Long	USA
WFC Wells Fargo & Company	3.14 mm	43.80 k shares	0.10	Common equity	Long	USA
iShares MSCI EAFE ETF	3.13 mm	38.35 k shares	0.10	Common equity	Long	USA
BNPP AM Euro CLO 2018 DAC	3.07 mm	2.86 mm principal	0.10	ABS-collateralized bond/debt obligation	Long	Ireland
Invesco Euro CLO I DAC	3.00 mm	2.78 mm principal	0.09	ABS-collateralized bond/debt obligation	Long	Ireland
United States Treasury Note/Bond	2.99 mm	4.64 mm principal	0.09	Debt	Long	USA
XOM Exxon Mobil Corporation	2.91 mm	24.49 k shares	0.09	Common equity	Long	USA
CVX Chevron Corporation	2.90 mm	17.35 k shares	0.09	Common equity	Long	USA
Tikehau US CLO III Ltd	2.90 mm	2.90 mm principal	0.09	ABS-collateralized bond/debt obligation	Long	Bermuda
ABBV AbbVie Inc.	2.89 mm	13.81 k shares	0.09	Common equity	Long	USA
TCW CLO 2021-2 Ltd	2.86 mm	2.86 mm principal	0.09	ABS-collateralized bond/debt obligation	Long	Cayman Islands
Greywolf CLO II Ltd	2.85 mm	2.86 mm principal	0.09	ABS-collateralized bond/debt obligation	Long	Cayman Islands
Bellis Finco PLC	2.79 mm	2.30 mm principal	0.09	Debt	Long	UK
iShares Core MSCI EAFE ETF	2.79 mm	36.83 k shares	0.09	Common equity	Long	USA
French Republic Government Bond OAT	2.71 mm	2.26 mm principal	0.09	Debt	Long	France
LOW Lowe's Companies, Inc.	2.59 mm	11.09 k shares	0.08	Common equity	Long	USA
United States Treasury Strip Coupon	2.58 mm	5.38 mm principal	0.08	Debt	Long	USA
William Carter Co/The	2.57 mm	2.59 mm principal	0.08	Debt	Long	USA
Anchorage Capital Europe CLO 2021-4 DAC	2.55 mm	2.36 mm principal	0.08	ABS-collateralized bond/debt obligation	Long	Ireland
Fannie Mae Pool	2.53 mm	2.89 mm principal	0.08	ABS-mortgage backed security	Long	USA
KO The Coca-Cola Company	2.50 mm	34.97 k shares	0.08	Common equity	Long	USA
United Kingdom Gilt	2.49 mm	2.87 mm principal	0.08	Debt	Long	UK
SHEL Shell plc	2.46 mm	67.62 k shares	0.08	Common equity	Long	UK
Level 3 Financing Inc	2.43 mm	2.17 mm principal	0.08	Debt	Long	USA
NFLX Netflix, Inc.	2.42 mm	2.60 k shares	0.08	Common equity	Long	USA
United States Treasury Strip Coupon	2.39 mm	5.63 mm principal	0.08	Debt	Long	USA
Clue Opco LLC	2.35 mm	2.35 mm principal	0.07	Debt	Long	USA
BAC Bank of America Corporation	2.31 mm	55.37 k shares	0.07	Common equity	Long	USA
Cassa Depositi e Prestiti SpA	2.27 mm	2.20 mm principal	0.07	Debt	Long	Italy
HD The Home Depot, Inc.	2.27 mm	6.19 k shares	0.07	Common equity	Long	USA
DISH DBS Corp	2.25 mm	2.61 mm principal	0.07	Debt	Long	USA
MS Morgan Stanley	2.23 mm	19.15 k shares	0.07	Common equity	Long	USA
AXP American Express Company	2.21 mm	8.20 k shares	0.07	Common equity	Long	USA
Fannie Mae Pool	2.18 mm	2.13 mm principal	0.07	ABS-mortgage backed security	Long	USA
VST Vistra Corp.	2.16 mm	2.10 mm principal	0.07	Debt	Long	USA
United States Treasury Note/Bond	2.11 mm	2.60 mm principal	0.07	Debt	Long	USA
WMT Walmart Inc.	2.09 mm	23.86 k shares	0.07	Common equity	Long	USA
Bellis Acquisition Co PLC	2.09 mm	1.75 mm principal	0.07	Debt	Long	UK
China Government Bond	2.08 mm	12.50 mm principal	0.07	Debt	Long	China
COP ConocoPhillips	2.08 mm	19.80 k shares	0.07	Common equity	Long	USA
INTU Intuit Inc.	2.08 mm	3.39 k shares	0.07	Common equity	Long	USA
MCAFEE CORP	2.06 mm	2.18 mm principal	0.06	Loan	Long	USA
TEN Tenneco Inc.	2.05 mm	2.15 mm principal	0.06	Debt	Long	USA
MRK Merck & Co., Inc.	2.04 mm	22.77 k shares	0.06	Common equity	Long	USA
HSBC Holdings PLC	2.00 mm	176.46 k shares	0.06	Common equity	Long	UK
Brazil Minas SPE via State of Minas Gerais	2.00 mm	2.02 mm principal	0.06	Debt	Long	Cayman Islands
CRM Salesforce, Inc.	1.99 mm	7.40 k shares	0.06	Common equity	Long	USA
5 YEAR U.S. TREASURY NOTE	1.98 mm	1.70 k contracts	0.06	Interest rate derivative	N/A	USA
United States Treasury Note/Bond	1.95 mm	1.90 mm principal	0.06	Debt	Long	USA
Brookfield Residential Properties Inc / Brookfield Residential US LLC	1.93 mm	2.15 mm principal	0.06	Debt	Long	Canada
Siemens AG	1.92 mm	8.31 k shares	0.06	Common equity	Long	Germany
eG Global Finance PLC	1.91 mm	1.60 mm principal	0.06	Debt	Long	UK
United States Treasury Strip Coupon	1.90 mm	4.53 mm principal	0.06	Debt	Long	USA
PGR The Progressive Corporation	1.90 mm	6.70 k shares	0.06	Common equity	Long	USA
MDT Medtronic plc	1.89 mm	21.04 k shares	0.06	Common equity	Long	Ireland
NOC Northrop Grumman Corporation	1.84 mm	3.59 k shares	0.06	Common equity	Long	USA
United States Treasury Note/Bond	1.82 mm	2.78 mm principal	0.06	Debt	Long	USA
CSCO Cisco Systems, Inc.	1.80 mm	29.20 k shares	0.06	Common equity	Long	USA
Japan Government Ten Year Bond	1.80 mm	287.30 mm principal	0.06	Debt	Long	Japan
SAP Sap Se	1.80 mm	6.71 k shares	0.06	Common equity	Long	Germany
TMO Thermo Fisher Scientific Inc.	1.79 mm	3.60 k shares	0.06	Common equity	Long	USA
GE GE Aerospace	1.78 mm	8.90 k shares	0.06	Common equity	Long	USA
ASML ASML Holding N.V.	1.78 mm	2.69 k shares	0.06	Common equity	Long	Netherlands
CBAM 2019-11R Ltd	1.78 mm	1.78 mm principal	0.06	ABS-collateralized bond/debt obligation	Long	Cayman Islands
Freddie Mac Pool	1.75 mm	1.78 mm principal	0.05	ABS-mortgage backed security	Long	USA
Hellenic Republic Government Bond	1.72 mm	1.84 mm principal	0.05	Debt	Long	Greece
COST Costco Wholesale Corporation	1.70 mm	1.80 k shares	0.05	Common equity	Long	USA
Walt Disney Co	1.70 mm	17.20 k shares	0.05	Common equity	Long	USA
QCOM QUALCOMM Incorporated	1.69 mm	11.00 k shares	0.05	Common equity	Long	USA
Fannie Mae Pool	1.69 mm	2.01 mm principal	0.05	ABS-mortgage backed security	Long	USA
Nestle SA	1.68 mm	16.67 k shares	0.05	Common equity	Long	Switzerland
CMCSA Comcast Corporation	1.68 mm	45.54 k shares	0.05	Common equity	Long	USA
ROG Rogers Corporation	1.68 mm	5.10 k shares	0.05	Common equity	Long	Switzerland
UNP Union Pacific Corporation	1.68 mm	7.11 k shares	0.05	Common equity	Long	USA
SPGI S&P Global Inc.	1.68 mm	3.30 k shares	0.05	Common equity	Long	USA
10 YEAR U.S. TREASURY NOTE	1.67 mm	1.01 k contracts	0.05	Interest rate derivative	N/A	USA
PG The Procter & Gamble Company	1.66 mm	9.72 k shares	0.05	Common equity	Long	USA
PLD Prologis, Inc.	1.66 mm	14.82 k shares	0.05	Common equity	Long	USA
Frontier Communications Holdings LLC	1.65 mm	1.65 mm principal	0.05	Debt	Long	USA
JNJ Johnson & Johnson	1.65 mm	9.94 k shares	0.05	Common equity	Long	USA
Fannie Mae Pool	1.64 mm	1.64 mm principal	0.05	ABS-mortgage backed security	Long	USA
HHH Howard Hughes Corporation	1.64 mm	1.69 mm principal	0.05	Debt	Long	USA
Freddie Mac Pool	1.63 mm	1.68 mm principal	0.05	ABS-mortgage backed security	Long	USA
Novartis AG	1.62 mm	14.56 k shares	0.05	Common equity	Long	Switzerland
Japan Government Twenty Year Bond	1.60 mm	267.05 mm principal	0.05	Debt	Long	Japan
ADI Analog Devices, Inc.	1.60 mm	7.94 k shares	0.05	Common equity	Long	USA
Mattamy Group Corp	1.60 mm	1.74 mm principal	0.05	Debt	Long	Canada
VZ Verizon Communications Inc.	1.59 mm	35.10 k shares	0.05	Common equity	Long	USA
SYK Stryker Corporation	1.58 mm	4.23 k shares	0.05	Common equity	Long	USA
BKNG Booking Holdings Inc.	1.57 mm	340.00 shares	0.05	Common equity	Long	USA
United States Treasury Note/Bond	1.57 mm	1.53 mm principal	0.05	Debt	Long	USA
Taurus 2021-4 UK DAC	1.56 mm	1.21 mm principal	0.05	ABS-mortgage backed security	Long	Ireland
AMGN Amgen Inc.	1.56 mm	5.00 k shares	0.05	Common equity	Long	USA
MCD McDonald's Corporation	1.56 mm	4.98 k shares	0.05	Common equity	Long	USA
Henley CLO IV DAC	1.55 mm	1.43 mm principal	0.05	ABS-collateralized bond/debt obligation	Long	Ireland
United States Treasury Note/Bond	1.54 mm	1.80 mm principal	0.05	Debt	Long	USA
U.S. TREASURY BOND	1.54 mm	797.00 contracts	0.05	Interest rate derivative	N/A	USA
IRS USD	1.54 mm	1.00 contracts	0.05	Interest rate derivative	N/A	UK
Uniti Group LP / Uniti Group Finance 2019 Inc / CSL Capital LLC	1.53 mm	1.44 mm principal	0.05	Debt	Long	USA
AZN AstraZeneca PLC	1.51 mm	10.29 k shares	0.05	Common equity	Long	UK
United States Treasury Note/Bond	1.51 mm	2.28 mm principal	0.05	Debt	Long	USA
KIOR Kior Inc	1.51 mm	17.97 k shares	0.05	Common equity	Long	USA
Bain Capital Credit CLO 2022-4 Ltd	1.50 mm	1.50 mm principal	0.05	ABS-collateralized bond/debt obligation	Long	Jersey
Elmwood CLO II Ltd	1.50 mm	1.50 mm principal	0.05	ABS-collateralized bond/debt obligation	Long	Cayman Islands
Madison Park Funding XXXIV Ltd	1.50 mm	1.50 mm principal	0.05	ABS-collateralized bond/debt obligation	Long	Cayman Islands
Freddie Mac Pool	1.50 mm	1.48 mm principal	0.05	ABS-mortgage backed security	Long	USA
OHA Credit Partners XVII Ltd	1.50 mm	1.50 mm principal	0.05	ABS-collateralized bond/debt obligation	Long	Cayman Islands
Eskom Holdings SOC Ltd	1.49 mm	1.50 mm principal	0.05	Debt	Long	South Africa
MMC Marsh & McLennan Companies, Inc.	1.48 mm	6.07 k shares	0.05	Common equity	Long	USA
Province of Ontario Canada	1.47 mm	2.08 mm principal	0.05	Debt	Long	Canada
MO Altria Group, Inc.	1.46 mm	24.40 k shares	0.05	Common equity	Long	USA
Level 3 Financing Inc	1.46 mm	1.93 mm principal	0.05	Debt	Long	USA
Federal Home Loan Mortgage Corp	1.46 mm	1.28 mm principal	0.05	Debt	Long	USA
C Citigroup Inc.	1.45 mm	20.40 k shares	0.05	Common equity	Long	USA
Bellis Finco PLC	1.45 mm	1.19 mm principal	0.05	Debt	Long	UK
Sony Group Corp	1.43 mm	56.70 k shares	0.05	Common equity	Long	Japan