Description | Shares | Value | |||
Long-Term Investments 97.8% | |||||
Common Stocks | |||||
Aerospace & Defense 1.6% | |||||
Hexcel Corp.(a) | 532,575 | $ 43,074,666 | |||
Banks 10.9% | |||||
Ameris Bancorp | 344,528 | 13,502,052 | |||
Atlantic Union Bankshares Corp. | 291,884 | 10,312,262 | |||
BankUnited, Inc. | 1,506,817 | 50,840,006 | |||
Byline Bancorp, Inc.* | 852,989 | 16,309,150 | |||
East West Bancorp, Inc. | 1,212,960 | 56,730,139 | |||
Heritage Financial Corp. | 111,588 | 3,296,309 | |||
Pinnacle Financial Partners, Inc.(a) | 1,310,589 | 75,332,656 | |||
Seacoast Banking Corp. of Florida* | 1,170,854 | 29,786,526 | |||
Wintrust Financial Corp. | 462,001 | 33,799,993 | |||
289,909,093 | |||||
Biotechnology 4.1% | |||||
Amicus Therapeutics, Inc.* | 1,237,286 | 15,441,329 | |||
Argenx SE (Netherlands), ADR* | 93,068 | 13,176,567 | |||
Emergent BioSolutions, Inc.*(a) | 228,785 | 11,052,603 | |||
Ligand Pharmaceuticals, Inc.*(a) | 96,709 | 11,039,332 | |||
Mirati Therapeutics, Inc.* | 174,771 | 18,001,413 | |||
Natera, Inc.* | 796,718 | 21,973,483 | |||
Sage Therapeutics, Inc.*(a) | 99,485 | 18,214,709 | |||
108,899,436 | |||||
Building Products 0.7% | |||||
Armstrong World Industries, Inc. | 52,174 | 5,071,313 | |||
JELD-WEN Holding, Inc.* | 599,160 | 12,720,167 | |||
17,791,480 | |||||
Capital Markets 2.9% | |||||
Affiliated Managers Group, Inc. | 209,895 | 19,339,725 | |||
BrightSphere Investment Group PLC | 1,728,735 | 19,724,866 | |||
Focus Financial Partners, Inc. (Class A Stock)* | 174,898 | 4,776,464 | |||
Lazard Ltd. (Class A Stock) | 726,078 | 24,969,823 | |||
Moelis & Co. (Class A Stock) | 236,942 | 8,281,123 | |||
77,092,001 | |||||
Chemicals 2.0% | |||||
Ferro Corp.* | 1,330,181 | 21,016,860 |
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Chemicals (cont’d.) | |||||
Olin Corp. | 653,810 | $ 14,324,977 | |||
PolyOne Corp. | 562,028 | 17,642,059 | |||
52,983,896 | |||||
Commercial Services & Supplies 1.3% | |||||
Mobile Mini, Inc. | 1,162,704 | 35,381,083 | |||
Construction & Engineering 1.6% | |||||
Great Lakes Dredge & Dock Corp.* | 1,916,312 | 21,156,084 | |||
Quanta Services, Inc. | 525,582 | 20,071,977 | |||
41,228,061 | |||||
Construction Materials 1.9% | |||||
Summit Materials, Inc. (Class A Stock)*(a) | 2,688,295 | 51,749,679 | |||
Electric Utilities 0.8% | |||||
Evergy, Inc. | 353,726 | 21,276,619 | |||
Electronic Equipment, Instruments & Components 2.9% | |||||
CDW Corp. | 647,177 | 71,836,647 | |||
nLight, Inc.*(a) | 277,870 | 5,335,104 | |||
77,171,751 | |||||
Energy Equipment & Services 0.5% | |||||
Cactus, Inc. (Class A Stock)* | 419,574 | 13,896,291 | |||
Entertainment 0.7% | |||||
IMAX Corp.*(a) | 935,288 | 18,892,818 | |||
Equity Real Estate Investment Trusts (REITs) 8.0% | |||||
American Campus Communities, Inc. | 666,042 | 30,744,499 | |||
Colony Capital, Inc. | 1,754,051 | 8,770,255 | |||
Columbia Property Trust, Inc. | 1,199,281 | 24,873,088 | |||
Cousins Properties, Inc. | 231,350 | 8,367,929 | |||
Douglas Emmett, Inc. | 225,760 | 8,994,278 | |||
Gaming & Leisure Properties, Inc. | 1,373,145 | 53,525,192 | |||
Hersha Hospitality Trust | 1,194,472 | 19,756,567 | |||
Pebblebrook Hotel Trust | 877,751 | 24,735,023 | |||
QTS Realty Trust, Inc. (Class A Stock) | 129,665 | 5,987,930 |
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Equity Real Estate Investment Trusts (REITs) (cont’d.) | |||||
Retail Opportunity Investments Corp. | 757,347 | $ 12,973,354 | |||
Summit Hotel Properties, Inc.(a) | 1,322,116 | 15,164,671 | |||
213,892,786 | |||||
Food & Staples Retailing 2.3% | |||||
Performance Food Group Co.* | 1,513,556 | 60,587,647 | |||
Food Products 1.6% | |||||
Adecoagro SA (Argentina)* | 2,170,374 | 15,496,471 | |||
Darling Ingredients, Inc.* | 1,413,543 | 28,115,370 | |||
43,611,841 | |||||
Health Care Equipment & Supplies 3.2% | |||||
Avedro, Inc.* | 253,210 | 4,973,044 | |||
Hill-Rom Holdings, Inc. | 269,130 | 28,156,381 | |||
Integra LifeSciences Holdings Corp.* | 380,098 | 21,228,473 | |||
Merit Medical Systems, Inc.*(a) | 450,940 | 26,857,986 | |||
Silk Road Medical, Inc.* | 62,588 | 3,033,015 | |||
84,248,899 | |||||
Health Care Providers & Services 1.6% | |||||
Guardant Health, Inc.*(a) | 148,895 | 12,854,105 | |||
Premier, Inc. (Class A Stock)*(a) | 453,613 | 17,740,805 | |||
WellCare Health Plans, Inc.* | 45,700 | 13,027,699 | |||
43,622,609 | |||||
Health Care Technology 0.8% | |||||
Change Healthcare, Inc.* | 422,270 | 6,165,142 | |||
Teladoc Health, Inc.*(a) | 235,433 | 15,635,105 | |||
21,800,247 | |||||
Hotels, Restaurants & Leisure 3.6% | |||||
Penn National Gaming, Inc.*(a) | 672,784 | 12,957,820 | |||
Planet Fitness, Inc. (Class A Stock)* | 535,444 | 38,787,563 | |||
Texas Roadhouse, Inc. | 253,369 | 13,598,314 | |||
Vail Resorts, Inc. | 140,980 | 31,463,917 | |||
96,807,614 |
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Independent Power & Renewable Electricity Producers 0.9% | |||||
NextEra Energy Partners LP | 498,360 | $ 24,045,870 | |||
Insurance 0.7% | |||||
Brighthouse Financial, Inc.* | 529,091 | 19,412,349 | |||
Internet & Direct Marketing Retail 1.1% | |||||
Etsy, Inc.*(a) | 407,765 | 25,024,538 | |||
RealReal, Inc. (The)* | 100,736 | 2,911,270 | |||
27,935,808 | |||||
IT Services 1.2% | |||||
InterXion Holding NV (Netherlands)* | 411,255 | 31,292,393 | |||
Life Sciences Tools & Services 1.2% | |||||
Adaptive Biotechnologies Corp.* | 79,704 | 3,849,703 | |||
Avantor, Inc.* | 742,829 | 14,180,606 | |||
Personalis, Inc.* | 67,366 | 1,828,987 | |||
PRA Health Sciences, Inc.* | 127,726 | 12,664,033 | |||
32,523,329 | |||||
Machinery 4.8% | |||||
Gardner Denver Holdings, Inc.* | 840,217 | 29,071,508 | |||
Milacron Holdings Corp.* | 528,822 | 7,297,744 | |||
NN, Inc. | 820,218 | 8,005,328 | |||
Rexnord Corp.* | 1,549,594 | 46,828,731 | |||
Terex Corp. | 380,284 | 11,940,917 | |||
Trinity Industries, Inc. | 261,887 | 5,434,155 | |||
Woodward, Inc. | 174,012 | 19,691,198 | |||
128,269,581 | |||||
Media 1.3% | |||||
AMC Networks, Inc. (Class A Stock)*(a) | 315,549 | 17,194,265 | |||
Cardlytics, Inc.*(a) | 619,170 | 16,086,037 | |||
33,280,302 | |||||
Metals & Mining 1.0% | |||||
Agnico Eagle Mines Ltd. (Canada)(a) | 306,317 | 15,695,683 | |||
Royal Gold, Inc. | 113,005 | 11,581,882 | |||
27,277,565 |
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Mortgage Real Estate Investment Trusts (REITs) 2.0% | |||||
MFA Financial, Inc. | 5,436,850 | $ 39,036,583 | |||
Starwood Property Trust, Inc. | 585,458 | 13,301,606 | |||
52,338,189 | |||||
Multi-Utilities 1.1% | |||||
NiSource, Inc. | 993,212 | 28,604,505 | |||
Oil, Gas & Consumable Fuels 3.1% | |||||
Tallgrass Energy LP | 1,436,255 | 30,319,343 | |||
WPX Energy, Inc.* | 4,610,296 | 53,064,507 | |||
83,383,850 | |||||
Pharmaceuticals 2.7% | |||||
Aerie Pharmaceuticals, Inc.*(a) | 172,671 | 5,102,428 | |||
Catalent, Inc.* | 301,096 | 16,322,414 | |||
GW Pharmaceuticals PLC (United Kingdom), ADR*(a) | 129,489 | 22,322,609 | |||
Horizon Therapeutics PLC* | 1,179,815 | 28,386,349 | |||
72,133,800 | |||||
Professional Services 1.4% | |||||
Korn Ferry | 572,791 | 22,951,735 | |||
WageWorks, Inc.* | 268,935 | 13,659,209 | |||
36,610,944 | |||||
Real Estate Management & Development 2.0% | |||||
Howard Hughes Corp. (The)* | 437,575 | 54,189,288 | |||
Road & Rail 1.3% | |||||
Saia, Inc.*(a) | 534,174 | 34,545,032 | |||
Semiconductors & Semiconductor Equipment 3.1% | |||||
Brooks Automation, Inc.(a) | 411,537 | 15,947,059 | |||
Marvell Technology Group Ltd.(a) | 1,240,802 | 29,617,943 | |||
Monolithic Power Systems, Inc. | 124,883 | 16,956,614 | |||
Universal Display Corp. | 105,996 | 19,933,608 | |||
82,455,224 | |||||
Software 7.0% | |||||
2U, Inc.*(a) | 229,274 | 8,629,873 | |||
CyberArk Software Ltd. (Israel)* | 383,518 | 49,028,941 |
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Software (cont’d.) | |||||
ForeScout Technologies, Inc.* | 289,922 | $ 9,816,759 | |||
HubSpot, Inc.*(a) | 330,856 | 56,417,565 | |||
New Relic, Inc.* | 276,268 | 23,899,945 | |||
Paycom Software, Inc.*(a) | 83,100 | 18,840,432 | |||
Trade Desk, Inc. (The) (Class A Stock)*(a) | 88,563 | 20,172,880 | |||
186,806,395 | |||||
Specialty Retail 5.1% | |||||
Burlington Stores, Inc.* | 119,935 | 20,406,940 | |||
Five Below, Inc.* | 283,093 | 33,976,822 | |||
Hudson Ltd. (Class A Stock)* | 483,649 | 6,669,520 | |||
Party City Holdco, Inc.*(a) | 1,204,425 | 8,828,435 | |||
Tractor Supply Co. | 209,522 | 22,795,994 | |||
Ulta Beauty, Inc.* | 120,497 | 41,799,204 | |||
134,476,915 | |||||
Textiles, Apparel & Luxury Goods 1.3% | |||||
Steven Madden Ltd.(a) | 983,548 | 33,391,454 | |||
Trading Companies & Distributors 2.0% | |||||
Beacon Roofing Supply, Inc.*(a) | 1,057,621 | 38,835,843 | |||
MSC Industrial Direct Co., Inc. (Class A Stock) | 176,968 | 13,141,644 | |||
51,977,487 | |||||
Water Utilities 0.5% | |||||
Aqua America, Inc.(a) | 321,406 | 13,296,566 | |||
Total
Long-Term Investments (cost $2,145,419,532) |
2,602,165,363 | ||||
Short-Term Investments 10.4% | |||||
Affiliated Mutual Funds | |||||
PGIM Core Ultra Short Bond Fund(w) | 36,326,763 | 36,326,763 |
Description | Shares | Value | |||
Affiliated Mutual Funds (Continued) | |||||
PGIM
Institutional Money Market Fund (cost $241,890,157; includes $241,279,348 of cash collateral for securities on loan)(b)(w) |
241,895,570 | $ 241,968,139 | |||
Total
Short-Term Investments (cost $278,216,920) |
278,294,902 | ||||
TOTAL
INVESTMENTS 108.2% (cost $2,423,636,452) |
2,880,460,265 | ||||
Liabilities in excess of other assets (8.2)% | (218,651,181) | ||||
Net Assets 100.0% | $ 2,661,809,084 |
Below is a list of the abbreviation(s) used in the quarterly schedule of portfolio holdings: |
ADR—American Depositary Receipt | |
REIT(s)—Real Estate Investment Trust(s) |
* | 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 $240,399,330; cash collateral of $241,279,348 (included in liabilities) was received with which the Fund purchased highly liquid short-term investments. |
(b) | Represents security purchased with cash collateral received for securities on loan and includes dividend reinvestment. |
(w) | PGIM Investments LLC, the manager of the Fund, also serves as manager of the PGIM Core Ultra Short Bond Fund and PGIM Institutional Money Market Fund. |