NPORT-EX 2 PI62230PRU053122.htm
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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