PGIM Jennison 20/20 Focus Fund
Schedule of Investments as of February 28, 2021 (unaudited)
Description | Shares | Value | |||
Long-Term Investments 98.7% | |||||
Common Stocks | |||||
Aerospace & Defense 3.4% | |||||
Airbus SE (France), ADR* | 390,108 | $11,387,253 | |||
Raytheon Technologies Corp. | 361,569 | 26,029,352 | |||
37,416,605 | |||||
Automobiles 5.7% | |||||
General Motors Co. | 468,657 | 24,056,164 | |||
Tesla, Inc.* | 55,535 | 37,513,892 | |||
61,570,056 | |||||
Banks 4.9% | |||||
JPMorgan Chase & Co. | 184,171 | 27,104,446 | |||
PNC Financial Services Group, Inc. (The) | 153,847 | 25,901,681 | |||
53,006,127 | |||||
Building Products 1.5% | |||||
Johnson Controls International PLC | 298,056 | 16,628,544 | |||
Capital Markets 2.3% | |||||
Goldman Sachs Group, Inc. (The) | 79,552 | 25,415,273 | |||
Chemicals 2.3% | |||||
Linde PLC (United Kingdom) | 100,450 | 24,536,921 | |||
Entertainment 3.0% | |||||
Netflix, Inc.* | 42,036 | 22,651,099 | |||
Spotify Technology SA* | 33,890 | 10,417,108 | |||
33,068,207 | |||||
Food & Staples Retailing 1.8% | |||||
Walmart, Inc. | 150,248 | 19,520,220 | |||
Food Products 1.4% | |||||
Mondelez International, Inc. (Class A Stock) | 281,785 | 14,979,691 | |||
Health Care Providers & Services 1.0% | |||||
Cigna Corp. | 53,093 | 11,144,221 |
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PGIM Jennison 20/20 Focus Fund
Schedule of Investments as of February 28, 2021 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Insurance 4.1% | |||||
Chubb Ltd. | 122,599 | $19,932,145 | |||
MetLife, Inc. | 418,928 | 24,130,253 | |||
44,062,398 | |||||
Interactive Media & Services 12.2% | |||||
Alphabet, Inc. (Class A Stock)* | 28,430 | 57,482,901 | |||
Bumble, Inc. (Class A Stock)*(a) | 44,419 | 2,989,843 | |||
Facebook, Inc. (Class A Stock)* | 119,551 | 30,798,728 | |||
Match Group, Inc.* | 169,020 | 25,834,707 | |||
Snap, Inc. (Class A Stock)* | 228,839 | 15,025,569 | |||
132,131,748 | |||||
Internet & Direct Marketing Retail 6.6% | |||||
Amazon.com, Inc.* | 14,695 | 45,450,607 | |||
Farfetch Ltd. (United Kingdom) (Class A Stock)* | 190,573 | 12,554,949 | |||
MercadoLibre, Inc. (Argentina)* | 8,436 | 13,819,096 | |||
71,824,652 | |||||
IT Services 14.3% | |||||
Adyen NV (Netherlands), 144A* | 12,602 | 28,996,044 | |||
Okta, Inc.* | 7,126 | 1,863,093 | |||
PayPal Holdings, Inc.* | 94,595 | 24,580,511 | |||
Shopify, Inc. (Canada) (Class A Stock)* | 32,644 | 41,815,985 | |||
Snowflake, Inc. (Class A Stock)*(a) | 35,950 | 9,330,463 | |||
Square, Inc. (Class A Stock)* | 85,439 | 19,653,533 | |||
Twilio, Inc. (Class A Stock)* | 73,275 | 28,788,282 | |||
155,027,911 | |||||
Leisure Products 0.9% | |||||
Peloton Interactive, Inc. (Class A Stock)* | 85,781 | 10,334,037 | |||
Multi-Utilities 1.5% | |||||
Dominion Energy, Inc. | 245,797 | 16,792,851 | |||
Oil, Gas & Consumable Fuels 2.3% | |||||
ConocoPhillips | 473,286 | 24,615,605 |
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PGIM Jennison 20/20 Focus Fund
Schedule of Investments as of February 28, 2021 (unaudited) (continued)
Description | Shares | Value | |||
Common Stocks (Continued) | |||||
Pharmaceuticals 3.1% | |||||
AstraZeneca PLC (United Kingdom), ADR | 250,915 | $12,139,268 | |||
Eli Lilly & Co. | 106,127 | 21,744,361 | |||
33,883,629 | |||||
Road & Rail 2.4% | |||||
Union Pacific Corp. | 126,550 | 26,064,238 | |||
Semiconductors & Semiconductor Equipment 5.7% | |||||
NVIDIA Corp. | 48,504 | 26,608,324 | |||
Texas Instruments, Inc. | 203,148 | 34,996,306 | |||
61,604,630 | |||||
Software 6.3% | |||||
Adobe, Inc.* | 57,148 | 26,269,221 | |||
Microsoft Corp. | 101,214 | 23,520,109 | |||
RingCentral, Inc. (Class A Stock)* | 49,844 | 18,849,007 | |||
68,638,337 | |||||
Specialty Retail 3.2% | |||||
Lowe’s Cos., Inc. | 115,447 | 18,442,658 | |||
Ross Stores, Inc. | 140,499 | 16,387,804 | |||
34,830,462 | |||||
Technology Hardware, Storage & Peripherals 3.7% | |||||
Apple, Inc. | 331,461 | 40,192,961 | |||
Textiles, Apparel & Luxury Goods 5.1% | |||||
LVMH Moet Hennessy Louis Vuitton SE (France) | 41,650 | 26,432,538 | |||
NIKE, Inc. (Class B Stock) | 214,754 | 28,944,544 | |||
55,377,082 | |||||
Total Long-Term Investments (cost $647,906,665) | 1,072,666,406 | ||||
Short-Term Investments 2.1% | |||||
Affiliated Mutual Funds | |||||
PGIM Core Ultra Short Bond Fund(wa) | 12,941,423 | 12,941,423 |
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PGIM Jennison 20/20 Focus Fund
Schedule of Investments as of February 28, 2021 (unaudited) (continued)
Description | Shares | Value | |||
Affiliated Mutual Funds (Continued) | |||||
PGIM Institutional Money Market Fund (cost $9,605,698; includes $9,603,927 of cash collateral for securities on loan)(b)(wa) | 9,610,503 | $9,605,698 | |||
Total Short-Term Investments (cost $22,547,121) | 22,547,121 | ||||
TOTAL INVESTMENTS 100.8% (cost $670,453,786) | 1,095,213,527 | ||||
Liabilities in excess of other assets (0.8)% | (8,644,376) | ||||
Net Assets 100.0% | $1,086,569,151 |
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 $9,468,950; cash collateral of $9,603,927 (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. |
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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