NPORT-EX 2 PIPDAS0PRU013124.htm
PGIM Quant Solutions Mid-Cap Value Fund
Schedule of Investments as of January 31, 2024 (unaudited)
Description     Shares Value
Long-Term Investments 99.8%
Common Stocks 99.5%
Aerospace & Defense 0.5%
Textron, Inc.       5,300  $448,963
TransDigm Group, Inc.       400 437,072
          886,035
Automobile Components 1.0%
BorgWarner, Inc.       33,600 1,139,040
Lear Corp.       5,600 744,240
          1,883,280
Automobiles 1.0%
Harley-Davidson, Inc.       32,100 1,041,645
Thor Industries, Inc.       6,900 779,838
          1,821,483
Banks 5.7%
Bank OZK       3,400 153,374
BOK Financial Corp.       600 50,304
Citizens Financial Group, Inc.       27,900 912,330
Columbia Banking System, Inc.       8,100 163,296
East West Bancorp, Inc.       3,600 262,116
Fifth Third Bancorp       39,233 1,343,338
First Citizens BancShares, Inc. (Class A Stock)       900 1,359,000
First Hawaiian, Inc.       4,700 101,943
First Horizon Corp.       28,600 407,264
FNB Corp.       10,300 135,754
Huntington Bancshares, Inc.       77,900 991,667
KeyCorp       65,000 944,450
M&T Bank Corp.       8,000 1,104,800
New York Community Bancorp, Inc.       44,600 288,562
Pinnacle Financial Partners, Inc.       1,400 123,732
Popular, Inc. (Puerto Rico)       2,800 239,260
Regions Financial Corp.       51,700 965,239
Webster Financial Corp.       12,900 638,292
Wintrust Financial Corp.       2,600 252,148
Zions Bancorp NA       900 37,710
          10,474,579
Beverages 0.7%
Molson Coors Beverage Co. (Class B Stock)       19,800 1,223,442
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PGIM Quant Solutions Mid-Cap Value Fund
Schedule of Investments as of January 31, 2024 (unaudited) (continued)
Description     Shares Value
Common Stocks (Continued)
Biotechnology 0.4%
Biogen, Inc.*       1,900  $468,654
United Therapeutics Corp.*       900 193,302
          661,956
Broadline Retail 0.8%
eBay, Inc.       34,300 1,408,701
Nordstrom, Inc.       6,900 125,235
          1,533,936
Building Products 1.9%
Builders FirstSource, Inc.*       8,500 1,476,705
Carrier Global Corp.       7,800 426,738
Owens Corning       8,800 1,333,464
Trane Technologies PLC       1,100 277,255
          3,514,162
Capital Markets 3.7%
Affiliated Managers Group, Inc.       1,200 178,608
Bank of New York Mellon Corp. (The)       37,300 2,068,658
Franklin Resources, Inc.       29,100 774,933
Interactive Brokers Group, Inc. (Class A Stock)       2,200 195,250
Invesco Ltd.       66,200 1,047,946
Janus Henderson Group PLC       7,000 201,320
KKR & Co., Inc.       700 60,606
Northern Trust Corp.       4,700 374,308
Raymond James Financial, Inc.       1,300 143,234
State Street Corp.       20,800 1,536,496
Stifel Financial Corp.       500 36,475
Virtu Financial, Inc. (Class A Stock)       11,400 191,406
          6,809,240
Chemicals 5.2%
Albemarle Corp.(a)       10,500 1,204,770
Celanese Corp.       2,800 409,612
CF Industries Holdings, Inc.       16,800 1,268,568
Corteva, Inc.       12,000 545,760
DuPont de Nemours, Inc.       12,100 747,780
Eastman Chemical Co.       5,600 467,880
International Flavors & Fragrances, Inc.       7,000 564,760
LyondellBasell Industries NV (Class A Stock)       16,300 1,534,156
Mosaic Co. (The)       37,300 1,145,483
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PGIM Quant Solutions Mid-Cap Value Fund
Schedule of Investments as of January 31, 2024 (unaudited) (continued)
Description     Shares Value
Common Stocks (Continued)
Chemicals (cont’d.)
Olin Corp.       9,000  $468,630
Westlake Corp.       8,000 1,106,800
          9,464,199
Commercial Services & Supplies 0.2%
Driven Brands Holdings, Inc.*       20,700 271,377
Republic Services, Inc.       800 136,896
          408,273
Construction & Engineering 0.4%
MDU Resources Group, Inc.       35,500 692,605
Consumer Finance 2.1%
Ally Financial, Inc.       33,559 1,230,944
Discover Financial Services       12,100 1,276,792
Synchrony Financial       36,000 1,399,320
          3,907,056
Consumer Staples Distribution & Retail 1.8%
Dollar Tree, Inc.*       1,600 208,992
Kroger Co. (The)       36,500 1,684,110
US Foods Holding Corp.*       1,800 82,818
Walgreens Boots Alliance, Inc.       59,000 1,331,630
          3,307,550
Containers & Packaging 1.8%
Berry Global Group, Inc.       13,300 870,618
Graphic Packaging Holding Co.       15,200 387,752
International Paper Co.       34,600 1,239,718
Sonoco Products Co.       14,900 847,810
          3,345,898
Distributors 0.3%
LKQ Corp.       11,900 555,373
Diversified Consumer Services 0.3%
ADT, Inc.       86,300 563,540
Diversified REITs 0.4%
WP Carey, Inc.       10,900 675,364
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PGIM Quant Solutions Mid-Cap Value Fund
Schedule of Investments as of January 31, 2024 (unaudited) (continued)
Description     Shares Value
Common Stocks (Continued)
Diversified Telecommunication Services 0.3%
Frontier Communications Parent, Inc.*       21,300  $524,619
Electric Utilities 3.3%
Alliant Energy Corp.       1,200 58,392
Avangrid, Inc.       12,900 391,902
Constellation Energy Corp.       500 61,000
Edison International       14,900 1,005,452
Entergy Corp.       6,600 658,416
Evergy, Inc.       23,200 1,177,864
Eversource Energy       23,900 1,295,858
FirstEnergy Corp.       7,100 260,428
PPL Corp.       17,700 463,740
Xcel Energy, Inc.       10,300 616,661
          5,989,713
Electrical Equipment 0.6%
AMETEK, Inc.       1,200 194,460
Regal Rexnord Corp.       2,700 360,342
Sensata Technologies Holding PLC       14,100 509,997
          1,064,799
Electronic Equipment, Instruments & Components 1.9%
Arrow Electronics, Inc.*       8,900 989,235
Coherent Corp.*       26,400 1,255,056
Corning, Inc.       6,800 220,932
TD SYNNEX Corp.       10,500 1,049,790
          3,515,013
Energy Equipment & Services 0.7%
Baker Hughes Co.       14,300 407,550
Halliburton Co.       26,400 941,160
          1,348,710
Financial Services 3.2%
Corebridge Financial, Inc.       47,000 1,135,990
Fidelity National Information Services, Inc.       28,600 1,780,636
Global Payments, Inc.       12,300 1,638,729
MGIC Investment Corp.       57,100 1,132,864
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PGIM Quant Solutions Mid-Cap Value Fund
Schedule of Investments as of January 31, 2024 (unaudited) (continued)
Description     Shares Value
Common Stocks (Continued)
Financial Services (cont’d.)
NCR Atleos Corp.*       7,800  $174,642
Voya Financial, Inc.       300 21,711
          5,884,572
Food Products 2.7%
Bunge Global SA       14,000 1,233,260
Conagra Brands, Inc.       40,100 1,168,915
Darling Ingredients, Inc.*       10,900 471,970
Ingredion, Inc.       2,300 247,411
J.M. Smucker Co. (The)       9,000 1,183,950
Post Holdings, Inc.*       800 74,296
Tyson Foods, Inc. (Class A Stock)       8,500 465,460
          4,845,262
Gas Utilities 1.2%
Atmos Energy Corp.       4,000 455,760
National Fuel Gas Co.       15,400 726,264
UGI Corp.       45,600 1,009,584
          2,191,608
Ground Transportation 1.6%
Avis Budget Group, Inc.       1,800 294,678
Ryder System, Inc.       8,741 992,715
Schneider National, Inc. (Class B Stock)       23,100 566,412
U-Haul Holding Co.*       3,700 245,162
U-Haul Holding Co. Non Voting       13,400 855,858
          2,954,825
Health Care Equipment & Supplies 0.2%
Baxter International, Inc.       1,900 73,511
QuidelOrtho Corp.*       5,100 349,401
          422,912
Health Care Providers & Services 1.4%
DaVita, Inc.*       1,700 183,872
Laboratory Corp. of America Holdings       1,000 222,300
Premier, Inc. (Class A Stock)       45,500 983,710
Quest Diagnostics, Inc.       500 64,215
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PGIM Quant Solutions Mid-Cap Value Fund
Schedule of Investments as of January 31, 2024 (unaudited) (continued)
Description     Shares Value
Common Stocks (Continued)
Health Care Providers & Services (cont’d.)
Tenet Healthcare Corp.*       4,000  $330,960
Universal Health Services, Inc. (Class B Stock)       4,600 730,526
          2,515,583
Health Care REITs 0.7%
Healthcare Realty Trust, Inc.       39,100 629,901
Healthpeak Properties, Inc.       20,000 370,000
Ventas, Inc.       3,000 139,170
Welltower, Inc.       2,600 224,926
          1,363,997
Hotel & Resort REITs 1.2%
Host Hotels & Resorts, Inc.       58,900 1,132,058
Park Hotels & Resorts, Inc.       67,200 1,013,376
          2,145,434
Hotels, Restaurants & Leisure 1.1%
Caesars Entertainment, Inc.*       21,300 934,431
Marriott Vacations Worldwide Corp.       12,600 1,057,014
Penn Entertainment, Inc.*       4,300 96,965
          2,088,410
Household Durables 4.8%
D.R. Horton, Inc.       14,200 2,029,322
Leggett & Platt, Inc.       4,200 97,482
Lennar Corp. (Class A Stock)       12,963 1,942,505
Mohawk Industries, Inc.*       11,039 1,150,816
Newell Brands, Inc.       68,600 570,752
PulteGroup, Inc.       14,747 1,541,946
Toll Brothers, Inc.       12,533 1,245,154
Whirlpool Corp.       2,500 273,800
          8,851,777
Independent Power & Renewable Electricity Producers 1.0%
AES Corp. (The)       46,800 780,624
Vistra Corp.       26,100 1,070,883
          1,851,507
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PGIM Quant Solutions Mid-Cap Value Fund
Schedule of Investments as of January 31, 2024 (unaudited) (continued)
Description     Shares Value
Common Stocks (Continued)
Insurance 5.8%
Aflac, Inc.       5,600  $472,304
Arch Capital Group Ltd.*       9,700 799,571
Arthur J. Gallagher & Co.       900 208,944
Axis Capital Holdings Ltd.       17,900 1,065,408
Brighthouse Financial, Inc.*       14,100 729,957
CNA Financial Corp.       16,200 713,934
Everest Group Ltd.       2,700 1,039,419
Fidelity National Financial, Inc.       8,800 440,264
First American Financial Corp.       8,600 519,010
Hartford Financial Services Group, Inc. (The)       13,000 1,130,480
Loews Corp.       18,400 1,340,624
Old Republic International Corp.       8,600 241,144
Reinsurance Group of America, Inc.       1,400 243,446
RenaissanceRe Holdings Ltd. (Bermuda)       1,800 411,894
Unum Group       25,300 1,223,002
          10,579,401
IT Services 0.4%
Cognizant Technology Solutions Corp. (Class A Stock)       10,500 809,760
Leisure Products 0.3%
Brunswick Corp.       4,600 371,128
Polaris, Inc.       2,700 242,892
          614,020
Life Sciences Tools & Services 0.1%
Maravai LifeSciences Holdings, Inc. (Class A Stock)*       27,500 159,500
Machinery 4.3%
AGCO Corp.       9,400 1,149,902
Allison Transmission Holdings, Inc.       9,300 563,022
CNH Industrial NV       46,300 555,600
Cummins, Inc.       3,700 885,410
Fortive Corp.       7,100 555,078
Gates Industrial Corp. PLC*       79,700 1,026,536
Ingersoll Rand, Inc.       900 71,874
Otis Worldwide Corp.       1,400 123,816
PACCAR, Inc.       15,550 1,561,064
Parker-Hannifin Corp.       1,600 743,200
Westinghouse Air Brake Technologies Corp.       4,600 605,222
          7,840,724
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PGIM Quant Solutions Mid-Cap Value Fund
Schedule of Investments as of January 31, 2024 (unaudited) (continued)
Description     Shares Value
Common Stocks (Continued)
Media 1.3%
Fox Corp. (Class A Stock)       13,200  $426,360
Fox Corp. (Class B Stock)       14,200 426,142
Liberty Broadband Corp. (Class C Stock)*       3,200 251,040
Liberty Media Corp.-Liberty SiriusXM*       10,000 303,600
Liberty Media Corp.-Liberty SiriusXM (Class A Stock)*       7,900 240,081
News Corp. (Class A Stock)       6,100 150,304
Nexstar Media Group, Inc.       3,000 533,130
          2,330,657
Metals & Mining 3.9%
Cleveland-Cliffs, Inc.*       62,900 1,261,145
Nucor Corp.       11,700 2,187,081
Reliance Steel & Aluminum Co.       4,290 1,224,452
SSR Mining, Inc. (Canada)       102,200 963,746
Steel Dynamics, Inc.       12,100 1,460,349
          7,096,773
Mortgage Real Estate Investment Trusts (REITs) 2.3%
AGNC Investment Corp.       116,900 1,108,212
Annaly Capital Management, Inc.       63,531 1,219,160
Rithm Capital Corp.       97,800 1,046,460
Starwood Property Trust, Inc.(a)       42,900 872,157
          4,245,989
Multi-Utilities 1.5%
Ameren Corp.       4,200 292,194
CenterPoint Energy, Inc.       5,700 159,258
CMS Energy Corp.       3,300 188,628
Consolidated Edison, Inc.       10,833 984,720
DTE Energy Co.       2,700 284,634
Public Service Enterprise Group, Inc.       9,600 556,704
WEC Energy Group, Inc.       4,000 323,040
          2,789,178
Office REITs 0.6%
Alexandria Real Estate Equities, Inc.       2,400 290,160
Cousins Properties, Inc.       8,100 185,571
Highwoods Properties, Inc.       18,100 415,757
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PGIM Quant Solutions Mid-Cap Value Fund
Schedule of Investments as of January 31, 2024 (unaudited) (continued)
Description     Shares Value
Common Stocks (Continued)
Office REITs (cont’d.)
Kilroy Realty Corp.       5,300  $189,528
Vornado Realty Trust       3,100 84,289
          1,165,305
Oil, Gas & Consumable Fuels 6.8%
Antero Resources Corp.*       25,600 571,904
Cheniere Energy, Inc.       2,500 409,975
Chesapeake Energy Corp.       9,200 709,412
Coterra Energy, Inc.       37,400 930,512
Devon Energy Corp.       27,100 1,138,742
Diamondback Energy, Inc.       7,500 1,153,050
DT Midstream, Inc.       8,600 461,734
EQT Corp.       19,800 700,920
HF Sinclair Corp.       12,600 711,774
Marathon Oil Corp.       35,600 813,460
ONEOK, Inc.       12,600 859,950
Ovintiv, Inc.       14,800 627,816
Phillips 66       14,700 2,121,357
Range Resources Corp.       18,300 531,432
Williams Cos., Inc. (The)       18,900 655,074
          12,397,112
Passenger Airlines 2.7%
Alaska Air Group, Inc.*       29,300 1,049,819
American Airlines Group, Inc.*       39,100 556,393
Delta Air Lines, Inc.       39,900 1,561,686
Southwest Airlines Co.       12,800 382,592
United Airlines Holdings, Inc.*       31,700 1,311,746
          4,862,236
Pharmaceuticals 1.7%
Jazz Pharmaceuticals PLC*       4,000 490,880
Royalty Pharma PLC (Class A Stock)       43,500 1,234,965
Viatris, Inc.       116,489 1,371,076
          3,096,921
Professional Services 1.1%
Concentrix Corp.       11,200 995,344
Jacobs Solutions, Inc.       1,100 148,247
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PGIM Quant Solutions Mid-Cap Value Fund
Schedule of Investments as of January 31, 2024 (unaudited) (continued)
Description     Shares Value
Common Stocks (Continued)
Professional Services (cont’d.)
ManpowerGroup, Inc.       1,000  $74,140
SS&C Technologies Holdings, Inc.       12,000 732,240
          1,949,971
Real Estate Management & Development 0.0%
CBRE Group, Inc. (Class A Stock)*       900 77,679
Residential REITs 1.1%
AvalonBay Communities, Inc.       3,300 590,733
Equity Residential       6,800 409,292
Essex Property Trust, Inc.       1,200 279,924
Invitation Homes, Inc.       9,200 302,956
Mid-America Apartment Communities, Inc.       800 101,104
Sun Communities, Inc.       2,100 263,235
UDR, Inc.       1,900 68,438
          2,015,682
Retail REITs 1.0%
Kimco Realty Corp.       33,761 681,972
Realty Income Corp.       20,213 1,099,385
          1,781,357
Semiconductors & Semiconductor Equipment 2.2%
Cirrus Logic, Inc.*       700 54,040
First Solar, Inc.*       2,300 336,490
GLOBALFOUNDRIES, Inc.*(a)       3,800 208,924
Marvell Technology, Inc.       21,200 1,435,240
ON Semiconductor Corp.*       9,300 661,509
Skyworks Solutions, Inc.       12,500 1,305,750
          4,001,953
Software 0.2%
NCR Voyix Corp.*       24,300 357,210
Specialized REITs 1.6%
Digital Realty Trust, Inc.       4,500 632,070
EPR Properties       16,300 721,601
Extra Space Storage, Inc.       500 72,220
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PGIM Quant Solutions Mid-Cap Value Fund
Schedule of Investments as of January 31, 2024 (unaudited) (continued)
Description     Shares Value
Common Stocks (Continued)
Specialized REITs (cont’d.)
VICI Properties, Inc.       48,600  $1,463,832
Weyerhaeuser Co.       2,600 85,202
          2,974,925
Specialty Retail 2.5%
Advance Auto Parts, Inc.       17,500 1,169,875
AutoNation, Inc.*       4,000 558,640
Best Buy Co., Inc.       12,400 898,876
Dick’s Sporting Goods, Inc.       3,400 506,838
Penske Automotive Group, Inc.       6,500 964,405
Victoria’s Secret & Co.*       5,500 143,275
Williams-Sonoma, Inc.       1,400 270,746
          4,512,655
Technology Hardware, Storage & Peripherals 1.4%
Hewlett Packard Enterprise Co.       91,200 1,394,448
HP, Inc.       41,500 1,191,465
          2,585,913
Textiles, Apparel & Luxury Goods 1.3%
Carter’s, Inc.       8,500 642,940
Crocs, Inc.*       1,000 101,480
PVH Corp.       9,400 1,130,444
Tapestry, Inc.       12,600 488,754
          2,363,618
Trading Companies & Distributors 1.2%
Air Lease Corp.       26,100 1,091,241
Ferguson PLC       900 169,074
United Rentals, Inc.       1,200 750,480
WESCO International, Inc.       1,500 260,280
          2,271,075
Water Utilities 0.1%
American Water Works Co., Inc.       900 111,618
     
 
Total Common Stocks
(cost $157,942,510) 		182,277,944
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PGIM Quant Solutions Mid-Cap Value Fund
Schedule of Investments as of January 31, 2024 (unaudited) (continued)
Description     Shares Value
Unaffiliated Exchange-Traded Fund 0.3%
iShares Russell Mid-Cap Value ETF
(cost $556,182) 		      4,800  $548,016
     
 
 
Total Long-Term Investments
(cost $158,498,692) 		182,825,960
 
Short-Term Investments 1.5%
Affiliated Mutual Funds 
PGIM Core Government Money Market Fund (7-day effective yield 5.560%)(wb)     982 982
PGIM Institutional Money Market Fund (7-day effective yield 5.727%)
(cost $2,703,414; includes $2,682,581 of cash collateral for securities on loan)(b)(wb) 		    2,710,646 2,709,832
     
 
 
Total Short-Term Investments
(cost $2,704,396) 		2,710,814
 
TOTAL INVESTMENTS 101.3%
(cost $161,203,088) 		        185,536,774
Liabilities in excess of other assets (1.3)% (2,335,273)
 
Net Assets 100.0% $183,201,501
Below is a list of the abbreviation(s) used in the quarterly schedule of portfolio holdings:
    
  ETF—Exchange-Traded Fund
  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 $2,540,580; cash collateral of $2,682,581 (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.
(wb) Represents an investment in a Fund affiliated with the Manager.
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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