Description | Shares | Value | |||
Long-Term Investments 94.4% | |||||
Common Stocks | |||||
Aerospace & Defense 0.8% | |||||
Curtiss-Wright Corp. | 52,874 | $7,332,037 | |||
Spirit AeroSystems Holdings, Inc. (Class A Stock) | 263,174 | 11,340,168 | |||
18,672,205 | |||||
Airlines 0.6% | |||||
Sun Country Airlines Holdings, Inc.* | 539,021 | 14,688,322 | |||
Automobiles 0.2% | |||||
Electric Last Mile Solutions, Inc.* | 760,000 | 5,342,800 | |||
Banks 7.6% | |||||
BankUnited, Inc. | 487,250 | 20,615,548 | |||
East West Bancorp, Inc. | 331,397 | 26,074,316 | |||
Eastern Bankshares, Inc. | 872,466 | 17,597,639 | |||
Enterprise Financial Services Corp. | 277,632 | 13,073,691 | |||
First Bancorp | 303,571 | 13,879,266 | |||
Metropolitan Bank Holding Corp.* | 144,115 | 15,352,571 | |||
PacWest Bancorp | 364,182 | 16,450,101 | |||
Pinnacle Financial Partners, Inc. | 299,377 | 28,590,503 | |||
Silvergate Capital Corp. (Class A Stock)* | 68,337 | 10,127,543 | |||
Wintrust Financial Corp. | 217,430 | 19,746,993 | |||
181,508,171 | |||||
Biotechnology 5.1% | |||||
Amicus Therapeutics, Inc.* | 1,162,011 | 13,421,227 | |||
Apellis Pharmaceuticals, Inc.* | 227,669 | 10,764,190 | |||
Argenx SE (Netherlands), ADR* | 62,758 | 21,977,224 | |||
Horizon Therapeutics PLC* | 354,991 | 38,253,830 | |||
Intellia Therapeutics, Inc.* | 154,493 | 18,267,253 | |||
Nurix Therapeutics, Inc.*(a) | 225,574 | 6,530,367 | |||
Veracyte, Inc.* | 279,159 | 11,501,351 | |||
120,715,442 | |||||
Building Products 2.0% | |||||
Armstrong World Industries, Inc. | 78,702 | 9,138,876 | |||
JELD-WEN Holding, Inc.* | 910,584 | 24,002,994 | |||
Zurn Water Solutions Corp. | 403,726 | 14,695,627 | |||
47,837,497 |
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Capital Markets 4.5% | |||||
AssetMark Financial Holdings, Inc.* | 391,073 | $10,250,023 | |||
Bridge Investment Group Holdings, Inc. (Class A Stock) | 766,480 | 19,139,006 | |||
Brightsphere Investment Group, Inc.(a) | 737,924 | 18,890,854 | |||
Focus Financial Partners, Inc. (Class A Stock)* | 478,992 | 28,605,402 | |||
Lazard Ltd. (Class A Stock) | 503,371 | 21,962,077 | |||
Open Lending Corp. (Class A Stock)* | 386,303 | 8,684,092 | |||
107,531,454 | |||||
Chemicals 1.4% | |||||
Avient Corp. | 606,908 | 33,956,503 | |||
Commercial Services & Supplies 1.4% | |||||
GFL Environmental, Inc. (Canada) | 410,207 | 15,526,335 | |||
Harsco Corp.* | 1,052,144 | 17,581,326 | |||
33,107,661 | |||||
Communications Equipment 0.8% | |||||
Ciena Corp.* | 241,601 | 18,596,029 | |||
Construction & Engineering 3.6% | |||||
Great Lakes Dredge & Dock Corp.* | 2,110,714 | 33,180,424 | |||
Quanta Services, Inc. | 164,353 | 18,844,715 | |||
WillScot Mobile Mini Holdings Corp.* | 848,104 | 34,636,567 | |||
86,661,706 | |||||
Construction Materials 1.2% | |||||
Summit Materials, Inc. (Class A Stock)* | 685,135 | 27,501,319 | |||
Diversified Telecommunication Services 0.4% | |||||
Bandwidth, Inc. (Class A Stock)*(a) | 136,500 | 9,795,240 | |||
Electrical Equipment 1.3% | |||||
Fluence Energy, Inc.* | 270,988 | 9,636,333 | |||
Regal Rexnord Corp. | 127,227 | 21,651,491 | |||
31,287,824 | |||||
Electronic Equipment, Instruments & Components 1.3% | |||||
Littelfuse, Inc. | 97,645 | 30,726,929 |
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Equity Real Estate Investment Trusts (REITs) 6.0% | |||||
American Campus Communities, Inc. | 162,758 | $9,324,406 | |||
Cousins Properties, Inc. | 491,754 | 19,807,851 | |||
Gaming & Leisure Properties, Inc. | 759,913 | 36,977,367 | |||
Independence Realty Trust, Inc. | 1,247,912 | 32,233,567 | |||
Plymouth Industrial REIT, Inc. | 377,322 | 12,074,304 | |||
Retail Opportunity Investments Corp. | 628,827 | 12,325,009 | |||
Summit Hotel Properties, Inc.* | 1,912,449 | 18,665,502 | |||
141,408,006 | |||||
Food & Staples Retailing 2.1% | |||||
BJ’s Wholesale Club Holdings, Inc.*(a) | 189,116 | 12,665,099 | |||
Performance Food Group Co.* | 784,471 | 35,999,374 | |||
48,664,473 | |||||
Food Products 1.5% | |||||
Adecoagro SA (Brazil)* | 1,105,179 | 8,487,775 | |||
Darling Ingredients, Inc.* | 400,152 | 27,726,532 | |||
36,214,307 | |||||
Health Care Equipment & Supplies 2.2% | |||||
BioLife Solutions, Inc.* | 126,784 | 4,725,240 | |||
Inari Medical, Inc.*(a) | 169,595 | 15,478,935 | |||
Ortho Clinical Diagnostics Holdings PLC*(a) | 333,943 | 7,143,041 | |||
Outset Medical, Inc.* | 298,621 | 13,763,442 | |||
Silk Road Medical, Inc.* | 241,207 | 10,277,830 | |||
51,388,488 | |||||
Health Care Providers & Services 3.7% | |||||
Acadia Healthcare Co., Inc.* | 411,293 | 24,965,485 | |||
Amedisys, Inc.* | 26,942 | 4,361,371 | |||
Molina Healthcare, Inc.* | 126,915 | 40,369,123 | |||
Progyny, Inc.*(a) | 370,590 | 18,659,207 | |||
88,355,186 | |||||
Health Care Technology 0.8% | |||||
Definitive Healthcare Corp.*(a) | 411,026 | 11,233,341 | |||
Sophia Genetics SA (Switzerland)*(a) | 479,665 | 6,763,276 | |||
17,996,617 |
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Hotels, Restaurants & Leisure 2.3% | |||||
Bally’s Corp.*(a) | 278,928 | $10,616,000 | |||
Bloomin’ Brands, Inc.* | 927,072 | 19,449,970 | |||
Penn National Gaming, Inc.*(a) | 219,515 | 11,381,853 | |||
Rush Street Interactive, Inc.* | 611,200 | 10,084,800 | |||
Sweetgreen, Inc. (Class A Stock)*(a) | 124,978 | 3,999,296 | |||
55,531,919 | |||||
Household Durables 2.2% | |||||
Century Communities, Inc. | 310,971 | 25,434,318 | |||
Toll Brothers, Inc. | 377,394 | 27,319,552 | |||
52,753,870 | |||||
Independent Power & Renewable Electricity Producers 0.8% | |||||
NextEra Energy Partners LP | 216,825 | 18,300,030 | |||
Insurance 4.0% | |||||
Alleghany Corp.* | 37,819 | 25,247,586 | |||
Axis Capital Holdings Ltd. | 511,076 | 27,838,310 | |||
RenaissanceRe Holdings Ltd. (Bermuda) | 84,522 | 14,312,110 | |||
Ryan Specialty Group Holdings, Inc. (Class A Stock)*(a) | 697,804 | 28,156,392 | |||
95,554,398 | |||||
Interactive Media & Services 0.3% | |||||
Vimeo, Inc.* | 414,250 | 7,439,930 | |||
IT Services 4.3% | |||||
Evo Payments, Inc. (Class A Stock)* | 511,800 | 13,102,080 | |||
Globant SA* | 81,800 | 25,692,562 | |||
Payoneer Global, Inc.* | 1,230,779 | 9,046,226 | |||
Shift4 Payments, Inc. (Class A Stock)*(a) | 330,568 | 19,149,804 | |||
TELUS International CDA, Inc. (Philippines)* | 596,462 | 19,719,034 | |||
WEX, Inc.* | 106,835 | 14,998,565 | |||
101,708,271 | |||||
Leisure Products 1.4% | |||||
Brunswick Corp. | 339,734 | 34,221,406 | |||
Machinery 4.4% | |||||
Colfax Corp.* | 545,327 | 25,068,682 | |||
Enerpac Tool Group Corp. | 720,089 | 14,603,405 | |||
Gates Industrial Corp. PLC* | 897,790 | 14,283,839 |
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Machinery (cont’d.) | |||||
Nordson Corp. | 45,101 | $11,512,932 | |||
Trinity Industries, Inc.(a) | 762,883 | 23,039,067 | |||
Westinghouse Air Brake Technologies Corp. | 179,584 | 16,541,482 | |||
105,049,407 | |||||
Media 0.5% | |||||
Cardlytics, Inc.*(a) | 172,387 | 11,393,057 | |||
Metals & Mining 0.3% | |||||
ERO Copper Corp. (Canada)* | 496,527 | 7,575,771 | |||
Mortgage Real Estate Investment Trusts (REITs) 0.9% | |||||
Ladder Capital Corp. | 373,505 | 4,478,325 | |||
Starwood Property Trust, Inc. | 668,008 | 16,232,594 | |||
20,710,919 | |||||
Multi-Utilities 1.0% | |||||
CenterPoint Energy, Inc. | 856,267 | 23,898,412 | |||
Oil, Gas & Consumable Fuels 3.4% | |||||
Devon Energy Corp. | 314,451 | 13,851,567 | |||
PDC Energy, Inc. | 700,522 | 34,171,463 | |||
Targa Resources Corp.(a) | 606,608 | 31,689,202 | |||
79,712,232 | |||||
Pharmaceuticals 0.9% | |||||
Jazz Pharmaceuticals PLC*(a) | 100,249 | 12,771,723 | |||
Revance Therapeutics, Inc.* | 538,064 | 8,781,204 | |||
21,552,927 | |||||
Professional Services 1.1% | |||||
ASGN, Inc.* | 173,131 | 21,364,365 | |||
HireRight Holdings Corp.* | 299,793 | 4,796,688 | |||
26,161,053 | |||||
Real Estate Management & Development 0.9% | |||||
Howard Hughes Corp. (The)* | 203,163 | 20,677,930 |
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Road & Rail 2.9% | |||||
Saia, Inc.* | 145,951 | $49,189,867 | |||
TFI International, Inc. (Canada) | 175,147 | 19,635,730 | |||
68,825,597 | |||||
Semiconductors & Semiconductor Equipment 3.1% | |||||
Azenta, Inc. | 100,433 | 10,355,647 | |||
MACOM Technology Solutions Holdings, Inc.* | 254,118 | 19,897,439 | |||
Tower Semiconductor Ltd. (Israel)* | 654,355 | 25,964,806 | |||
Universal Display Corp. | 110,637 | 18,258,424 | |||
74,476,316 | |||||
Software 4.5% | |||||
Clear Secure, Inc. (Class A Stock)*(a) | 408,240 | 12,806,489 | |||
Descartes Systems Group, Inc. (The) (Canada)* | 140,753 | 11,637,458 | |||
Everbridge, Inc.*(a) | 103,778 | 6,987,373 | |||
Five9, Inc.*(a) | 43,303 | 5,946,368 | |||
KnowBe4, Inc. (Class A Stock)* | 512,944 | 11,766,935 | |||
LiveVox Holdings, Inc.* | 1,000,000 | 5,150,000 | |||
PagerDuty, Inc.*(a) | 462,498 | 16,071,805 | |||
Smartsheet, Inc. (Class A Stock)* | 317,391 | 24,581,933 | |||
Varonis Systems, Inc.* | 249,501 | 12,170,659 | |||
107,119,020 | |||||
Specialty Retail 2.2% | |||||
Citi Trends, Inc.*(a) | 232,075 | 21,989,106 | |||
Five Below, Inc.* | 101,116 | 20,919,889 | |||
Vroom, Inc.*(a) | 312,237 | 3,369,037 | |||
Warby Parker, Inc. (Class A Stock)* | 148,364 | 6,907,828 | |||
53,185,860 | |||||
Textiles, Apparel & Luxury Goods 2.2% | |||||
Kontoor Brands, Inc. | 414,909 | 21,264,086 | |||
Ralph Lauren Corp.(a) | 251,951 | 29,946,896 | |||
51,210,982 | |||||
Thrifts & Mortgage Finance 0.3% | |||||
WSFS Financial Corp. | 156,986 | 7,868,138 |
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Trading Companies & Distributors 1.0% | |||||
Core & Main, Inc. (Class A Stock)*(a) | 220,820 | $6,699,679 | |||
Rush Enterprises, Inc. (Class A Stock) | 285,064 | 15,860,961 | |||
22,560,640 | |||||
Water Utilities 1.0% | |||||
Essential Utilities, Inc. | 433,597 | 23,279,823 | |||
Total Long-Term Investments (cost $1,677,061,522) | 2,242,724,087 | ||||
Short-Term Investments 11.1% | |||||
Affiliated Mutual Funds | |||||
PGIM Core Ultra Short Bond Fund(wa) | 87,321,921 | 87,321,921 | |||
PGIM Institutional Money Market Fund (cost $175,078,032; includes $175,069,423 of cash collateral for securities on loan)(b)(wa) | 175,233,042 | 175,110,379 | |||
Total Short-Term Investments (cost $262,399,953) | 262,432,300 | ||||
TOTAL INVESTMENTS 105.5% (cost $1,939,461,475) | 2,505,156,387 | ||||
Liabilities in excess of other assets (5.5)% | (129,574,552) | ||||
Net Assets 100.0% | $2,375,581,835 |
Below is a list of the abbreviation(s) used in the quarterly schedule of portfolio holdings: |
ADR—American Depositary Receipt | |
LP—Limited Partnership | |
REITs—Real Estate Investment Trust |
* | 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 $171,710,689; cash collateral of $175,069,423 (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. |
(wa) | 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, if applicable. |