PGIM Jennison Mid-Cap Growth Fund
Schedule of Investments as of May 31, 2022 (unaudited)
Description | Shares | Value | |||
Long-Term Investments 99.4% | |||||
Common Stocks | |||||
Aerospace & Defense 2.4% | |||||
HEICO Corp.(a) | 361,139 | $51,660,934 | |||
Auto Components 1.6% | |||||
Aptiv PLC* | 316,076 | 33,579,914 | |||
Biotechnology 3.4% | |||||
Argenx SE (Netherlands), ADR* | 70,797 | 21,897,512 | |||
Horizon Therapeutics PLC* | 424,666 | 38,088,293 | |||
Seagen, Inc.* | 95,207 | 12,917,686 | |||
72,903,491 | |||||
Building Products 1.7% | |||||
Trane Technologies PLC | 127,401 | 17,588,982 | |||
Zurn Water Solutions Corp. | 654,531 | 18,863,584 | |||
36,452,566 | |||||
Capital Markets 1.0% | |||||
Ares Management Corp. (Class A Stock) | 293,858 | 20,913,874 | |||
Commercial Services & Supplies 1.8% | |||||
GFL Environmental, Inc. (Canada) | 1,302,179 | 39,807,612 | |||
Communications Equipment 1.2% | |||||
Arista Networks, Inc.* | 241,976 | 24,749,305 | |||
Construction & Engineering 3.5% | |||||
Quanta Services, Inc. | 467,309 | 55,609,771 | |||
WillScot Mobile Mini Holdings Corp.*(a) | 586,060 | 20,939,924 | |||
76,549,695 | |||||
Construction Materials 1.4% | |||||
Martin Marietta Materials, Inc. | 86,934 | 29,503,661 | |||
Containers & Packaging 1.9% | |||||
Crown Holdings, Inc. | 398,546 | 41,624,144 | |||
Diversified Financial Services 1.6% | |||||
Apollo Global Management, Inc. | 601,668 | 34,680,144 |
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PGIM Jennison Mid-Cap Growth Fund
Schedule of Investments as of May 31, 2022 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Electrical Equipment 1.9% | |||||
AMETEK, Inc. | 337,292 | $40,970,859 | |||
Electronic Equipment, Instruments & Components 6.3% | |||||
Amphenol Corp. (Class A Stock) | 568,288 | 40,268,888 | |||
Cognex Corp. | 351,852 | 17,036,674 | |||
Littelfuse, Inc. | 130,660 | 35,304,332 | |||
Teledyne Technologies, Inc.* | 106,296 | 43,065,824 | |||
135,675,718 | |||||
Food & Staples Retailing 2.3% | |||||
Performance Food Group Co.* | 1,135,482 | 49,211,790 | |||
Food Products 1.0% | |||||
Freshpet, Inc.*(a) | 299,112 | 21,527,091 | |||
Health Care Equipment & Supplies 3.7% | |||||
Cooper Cos., Inc. (The) | 92,740 | 32,527,628 | |||
Envista Holdings Corp.*(a) | 597,796 | 25,729,140 | |||
STERIS PLC(a) | 98,941 | 22,578,336 | |||
80,835,104 | |||||
Health Care Providers & Services 2.9% | |||||
Molina Healthcare, Inc.* | 136,634 | 39,653,919 | |||
Progyny, Inc.*(a) | 749,337 | 23,686,543 | |||
63,340,462 | |||||
Hotels, Restaurants & Leisure 4.6% | |||||
Expedia Group, Inc.* | 178,754 | 23,118,255 | |||
Hilton Worldwide Holdings, Inc. | 335,277 | 47,227,118 | |||
Texas Roadhouse, Inc.(a) | 364,376 | 28,410,397 | |||
98,755,770 | |||||
Household Durables 1.6% | |||||
Lennar Corp. (Class A Stock) | 423,644 | 33,997,431 | |||
Insurance 1.4% | |||||
Ryan Specialty Group Holdings, Inc. (Class A Stock)* | 826,147 | 31,038,343 | |||
Interactive Media & Services 0.7% | |||||
Pinterest, Inc. (Class A Stock)* | 715,505 | 14,059,673 |
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PGIM Jennison Mid-Cap Growth Fund
Schedule of Investments as of May 31, 2022 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Internet & Direct Marketing Retail 0.7% | |||||
Etsy, Inc.*(a) | 184,095 | $14,933,786 | |||
IT Services 9.5% | |||||
Gartner, Inc.* | 160,739 | 42,177,914 | |||
Globant SA* | 161,279 | 30,563,983 | |||
Jack Henry & Associates, Inc. | 250,111 | 47,050,881 | |||
Okta, Inc.* | 167,166 | 13,883,136 | |||
Shift4 Payments, Inc. (Class A Stock)*(a) | 696,031 | 31,773,815 | |||
WEX, Inc.* | 231,713 | 39,456,090 | |||
204,905,819 | |||||
Life Sciences Tools & Services 5.9% | |||||
Agilent Technologies, Inc. | 323,498 | 41,265,405 | |||
Avantor, Inc.* | 1,095,566 | 35,101,934 | |||
Bio-Techne Corp. | 40,267 | 14,887,918 | |||
IQVIA Holdings, Inc.* | 172,432 | 37,115,988 | |||
128,371,245 | |||||
Machinery 1.5% | |||||
Nordson Corp. | 151,825 | 33,079,631 | |||
Pharmaceuticals 1.6% | |||||
Catalent, Inc.* | 189,205 | 19,499,467 | |||
Jazz Pharmaceuticals PLC* | 97,588 | 14,606,972 | |||
34,106,439 | |||||
Professional Services 1.8% | |||||
CoStar Group, Inc.* | 535,705 | 32,645,863 | |||
KBR, Inc. | 136,033 | 6,769,002 | |||
39,414,865 | |||||
Real Estate Management & Development 2.0% | |||||
CBRE Group, Inc. (Class A Stock)* | 523,099 | 43,333,521 | |||
Road & Rail 1.6% | |||||
J.B. Hunt Transport Services, Inc. | 202,288 | 34,910,863 | |||
Semiconductors & Semiconductor Equipment 8.0% | |||||
Enphase Energy, Inc.* | 220,790 | 41,108,890 | |||
Entegris, Inc. | 292,899 | 32,500,073 | |||
Marvell Technology, Inc. | 637,759 | 37,723,445 |
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PGIM Jennison Mid-Cap Growth Fund
Schedule of Investments as of May 31, 2022 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Semiconductors & Semiconductor Equipment (cont’d.) | |||||
Monolithic Power Systems, Inc. | 40,645 | $18,306,102 | |||
ON Semiconductor Corp.* | 358,472 | 21,752,081 | |||
Universal Display Corp. | 176,924 | 22,347,270 | |||
173,737,861 | |||||
Software 14.0% | |||||
Black Knight, Inc.* | 166,543 | 11,309,935 | |||
Crowdstrike Holdings, Inc. (Class A Stock)* | 245,104 | 39,214,189 | |||
Datadog, Inc. (Class A Stock)* | 189,413 | 18,068,106 | |||
Five9, Inc.* | 294,093 | 28,441,734 | |||
HubSpot, Inc.* | 99,833 | 33,712,606 | |||
Palo Alto Networks, Inc.* | 119,845 | 60,255,669 | |||
Paycom Software, Inc.* | 107,932 | 30,689,385 | |||
Paycor HCM, Inc.*(a) | 1,003,497 | 24,605,746 | |||
Smartsheet, Inc. (Class A Stock)* | 583,101 | 20,787,551 | |||
Trade Desk, Inc. (The) (Class A Stock)*(a) | 682,522 | 35,525,270 | |||
302,610,191 | |||||
Specialty Retail 4.2% | |||||
Burlington Stores, Inc.* | 162,996 | 27,432,227 | |||
Five Below, Inc.*(a) | 164,044 | 21,422,506 | |||
O’Reilly Automotive, Inc.* | 66,483 | 42,360,973 | |||
91,215,706 | |||||
Textiles, Apparel & Luxury Goods 0.7% | |||||
On Holding AG (Switzerland) (Class A Stock)*(a) | 689,786 | 14,244,081 | |||
Total Long-Term Investments (cost $1,873,871,435) | 2,146,701,589 | ||||
Short-Term Investments 11.6% | |||||
Affiliated Mutual Fund 10.6% | |||||
PGIM Institutional Money Market Fund (cost $229,257,843; includes $229,147,757 of cash collateral for securities on loan)(b)(we) | 229,544,901 | 229,361,265 |
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PGIM Jennison Mid-Cap Growth Fund
Schedule of Investments as of May 31, 2022 (unaudited) (continued)
Description | Shares | Value | |||
Unaffiliated Fund 1.0% | |||||
Dreyfus Government Cash Management (Institutional Shares) (cost $22,062,176) | 22,062,176 | $22,062,176 | |||
Total Short-Term Investments (cost $251,320,019) | 251,423,441 | ||||
TOTAL INVESTMENTS 111.0% (cost $2,125,191,454) | 2,398,125,030 | ||||
Liabilities in excess of other assets (11.0)% | (237,904,255) | ||||
Net Assets 100.0% | $2,160,220,775 |
Below is a list of the abbreviation(s) used in the quarterly schedule of portfolio holdings: |
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 $218,700,415; cash collateral of $229,147,757 (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. |
(we) | PGIM Investments LLC, the manager of the Fund, also serves as manager of the PGIM Institutional Money Market Fund. |
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).
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