NPORT-EX 2 PIPDLX0QMAMidCapCoreEqtyFd.htm
PGIM QMA Mid-Cap Core Equity Fund
Schedule of Investments (unaudited) as of April 30, 2020
Description     Shares Value
Long-Term Investments 103.6%
Common Stocks 102.2%
Aerospace & Defense 2.0%
Curtiss-Wright Corp.       1,070  $110,906
Hexcel Corp.       600 20,754
Howmet Aerospace, Inc.       3,460 45,222
Huntington Ingalls Industries, Inc.       390 74,650
Teledyne Technologies, Inc.*       230 74,904
          326,436
Auto Components 0.6%
Adient PLC*       6,510 97,520
Dana, Inc.       270 3,105
          100,625
Banks 5.6%
Associated Banc-Corp.       870 12,302
Cathay General Bancorp       520 14,518
CIT Group, Inc.       5,740 108,945
East West Bancorp, Inc.       240 8,417
FNB Corp.       13,420 108,568
Hancock Whitney Corp.       3,290 68,794
PacWest Bancorp       4,100 82,984
Signature Bank       1,520 162,913
Sterling Bancorp       6,030 74,350
Synovus Financial Corp.       6,200 130,262
Umpqua Holdings Corp.       6,000 75,150
Wintrust Financial Corp.       890 37,291
          884,494
Biotechnology 2.0%
Exelixis, Inc.*       6,430 158,789
United Therapeutics Corp.*       1,410 154,479
          313,268
Building Products 1.3%
American Woodmark Corp.*       250 12,853
Fortune Brands Home & Security, Inc.       100 4,820
Owens Corning       3,190 138,318
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PGIM QMA Mid-Cap Core Equity Fund
Schedule of Investments (unaudited) (continued)
as of April 30, 2020
Description     Shares Value
Common Stocks (Continued)
Building Products (cont’d.)
Resideo Technologies, Inc.*       620  $3,181
Universal Forest Products, Inc.       1,070 43,998
          203,170
Capital Markets 3.8%
Affiliated Managers Group, Inc.       1,780 124,529
Evercore, Inc. (Class A Stock)       1,800 92,880
Federated Hermes, Inc.       400 9,108
Janus Henderson Group PLC (United Kingdom)       6,160 110,264
LPL Financial Holdings, Inc.       400 24,088
SEI Investments Co.       2,400 122,304
Stifel Financial Corp.       2,700 119,556
          602,729
Chemicals 3.0%
Cabot Corp.       3,230 109,465
Eastman Chemical Co.       1,610 97,421
Koppers Holdings, Inc.*       430 6,777
Minerals Technologies, Inc.       200 8,808
NewMarket Corp.       80 32,915
PolyOne Corp.       4,830 112,491
Scotts Miracle-Gro Co. (The)       690 85,581
Valvoline, Inc.       1,160 19,940
          473,398
Commercial Services & Supplies 1.7%
Brink’s Co. (The)       300 15,336
Deluxe Corp.       3,160 89,017
Herman Miller, Inc.       1,420 32,007
HNI Corp.       1,010 24,584
Tetra Tech, Inc.       1,540 115,931
          276,875
Communications Equipment 0.8%
Ciena Corp.*       1,490 68,913
NetScout Systems, Inc.*       2,030 53,754
          122,667
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PGIM QMA Mid-Cap Core Equity Fund
Schedule of Investments (unaudited) (continued)
as of April 30, 2020
Description     Shares Value
Common Stocks (Continued)
Construction & Engineering 1.3%
AECOM*       410  $14,867
EMCOR Group, Inc.       2,050 130,236
MasTec, Inc.*       1,830 65,697
          210,800
Construction Materials 0.7%
Eagle Materials, Inc.       1,850 112,869
Consumer Finance 0.9%
Navient Corp.       5,960 45,415
OneMain Holdings, Inc.       860 20,821
SLM Corp.       9,140 76,227
          142,463
Containers & Packaging 0.4%
Greif, Inc. (Class A Stock)       1,960 66,424
Distributors 1.5%
LKQ Corp.*       3,590 93,879
Pool Corp.       650 137,579
          231,458
Diversified Consumer Services 1.2%
Adtalem Global Education, Inc.*       3,090 98,169
Grand Canyon Education, Inc.*       680 58,494
Service Corp. International       1,100 40,414
          197,077
Electric Utilities 1.9%
ALLETE, Inc.       1,350 77,706
NRG Energy, Inc.       2,500 83,825
OGE Energy Corp.       4,660 146,883
          308,414
Electrical Equipment 2.5%
Acuity Brands, Inc.       1,320 114,299
Atkore International Group, Inc.*       710 17,281
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PGIM QMA Mid-Cap Core Equity Fund
Schedule of Investments (unaudited) (continued)
as of April 30, 2020
Description     Shares Value
Common Stocks (Continued)
Electrical Equipment (cont’d.)
Hubbell, Inc.       1,110  $138,117
nVent Electric PLC       6,100 113,765
Regal Beloit Corp.       100 7,101
          390,563
Electronic Equipment, Instruments & Components 3.6%
Arrow Electronics, Inc.*       2,410 151,637
Avnet, Inc.       3,940 118,279
Belden, Inc.       2,270 77,611
Jabil, Inc.       4,650 132,246
National Instruments Corp.       900 34,578
SYNNEX Corp.       660 57,790
          572,141
Entertainment 0.0%
Cinemark Holdings, Inc.       440 6,283
Equity Real Estate Investment Trusts (REITs) 8.7%
American Campus Communities, Inc.       1,940 68,462
Brixmor Property Group, Inc.       11,900 136,255
Camden Property Trust       1,060 93,354
CoreCivic, Inc.       4,270 56,022
Corporate Office Properties Trust       2,340 61,823
Diversified Healthcare Trust       5,960 18,536
Douglas Emmett, Inc.       1,640 50,004
EPR Properties       1,600 47,072
Gaming & Leisure Properties, Inc.       2,920 82,461
GEO Group, Inc. (The)       6,000 76,080
Highwoods Properties, Inc.       3,390 131,566
Life Storage, Inc.       230 20,146
Medical Properties Trust, Inc.       3,440 58,962
Omega Healthcare Investors, Inc.       3,740 109,021
Park Hotels & Resorts, Inc.       1,210 11,507
Sabra Health Care REIT, Inc.       7,030 90,124
Service Properties Trust       9,880 68,468
Spirit Realty Capital, Inc.       4,000 123,040
Urban Edge Properties       1,800 20,700
Weingarten Realty Investors       3,830 69,668
          1,393,271
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PGIM QMA Mid-Cap Core Equity Fund
Schedule of Investments (unaudited) (continued)
as of April 30, 2020
Description     Shares Value
Common Stocks (Continued)
Food & Staples Retailing 0.4%
US Foods Holding Corp.*       2,600  $55,900
Food Products 3.0%
Bunge Ltd.       2,030 80,530
Darling Ingredients, Inc.*       4,290 88,331
Ingredion, Inc.       1,790 145,348
Lancaster Colony Corp.       430 57,891
Pilgrim’s Pride Corp.*       4,700 103,400
          475,500
Gas Utilities 2.4%
New Jersey Resources Corp.       2,230 75,329
ONE Gas, Inc.       1,080 86,087
Southwest Gas Holdings, Inc.       610 46,238
Spire, Inc.       180 13,133
UGI Corp.       5,220 157,540
          378,327
Health Care Equipment & Supplies 4.8%
Cantel Medical Corp.       300 11,100
Hill-Rom Holdings, Inc.       1,520 170,985
Integra LifeSciences Holdings Corp.*       2,020 103,121
Masimo Corp.*       1,050 224,606
West Pharmaceutical Services, Inc.       1,390 263,071
          772,883
Health Care Providers & Services 2.7%
Chemed Corp.       140 58,320
DaVita, Inc.*       1,060 83,750
MEDNAX, Inc.*       6,600 95,832
Molina Healthcare, Inc.*       1,130 185,286
          423,188
Health Care Technology 0.3%
Allscripts Healthcare Solutions, Inc.*       2,770 18,005
Omnicell, Inc.*       300 21,870
          39,875
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PGIM QMA Mid-Cap Core Equity Fund
Schedule of Investments (unaudited) (continued)
as of April 30, 2020
Description     Shares Value
Common Stocks (Continued)
Hotels, Restaurants & Leisure 4.5%
Brinker International, Inc.       4,280  $99,638
Churchill Downs, Inc.       780 78,172
Domino’s Pizza, Inc.       520 188,203
Dunkin’ Brands Group, Inc.       1,800 113,112
Marriott Vacations Worldwide Corp.       1,380 114,540
Wyndham Destinations, Inc.       3,190 81,568
Wyndham Hotels & Resorts, Inc.       1,160 43,744
          718,977
Household Durables 1.3%
M/I Homes, Inc.*       970 24,696
Taylor Morrison Home Corp.*       8,340 121,347
Tempur Sealy International, Inc.*       1,190 63,963
          210,006
Independent Power & Renewable Electricity Producers 0.1%
AES Corp. (The)       800 10,600
Industrial Conglomerates 0.4%
Carlisle Cos., Inc.       550 66,528
Insurance 4.8%
Alleghany Corp.       240 128,090
American Financial Group, Inc.       2,170 143,741
First American Financial Corp.       3,050 140,666
Hanover Insurance Group, Inc. (The)       780 78,296
Lincoln National Corp.       2,900 102,863
Mercury General Corp.       100 4,096
Old Republic International Corp.       7,890 125,846
Reinsurance Group of America, Inc.       240 25,123
Unum Group       900 15,705
          764,426
Interactive Media & Services 0.8%
Cars.com, Inc.*       2,780 14,400
TripAdvisor, Inc.       5,420 108,238
          122,638
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PGIM QMA Mid-Cap Core Equity Fund
Schedule of Investments (unaudited) (continued)
as of April 30, 2020
Description     Shares Value
Common Stocks (Continued)
Internet & Direct Marketing Retail 0.1%
Stamps.com, Inc.*       70  $11,079
IT Services 1.9%
CACI International, Inc. (Class A Stock)*       140 35,020
KBR, Inc.       4,410 89,346
Leidos Holdings, Inc.       590 58,298
MAXIMUS, Inc.       400 26,928
Perspecta, Inc.       4,620 99,653
          309,245
Leisure Products 1.6%
Brunswick Corp.       3,240 154,613
Malibu Boats, Inc. (Class A Stock)*       200 6,876
Polaris, Inc.       1,210 85,825
          247,314
Life Sciences Tools & Services 3.2%
Bio-Techne Corp.       770 173,250
Charles River Laboratories International, Inc.*       1,170 169,264
PRA Health Sciences, Inc.*       1,690 163,085
          505,599
Machinery 4.5%
AGCO Corp.       1,680 88,771
Altra Industrial Motion Corp.       300 8,373
Crane Co.       1,980 107,811
Gates Industrial Corp. PLC*       3,990 34,274
Graco, Inc.       1,410 62,971
ITT, Inc.       2,640 139,181
Nordson Corp.       220 35,400
Oshkosh Corp.       2,110 142,488
Timken Co. (The)       2,800 105,224
          724,493
Media 0.6%
AMC Networks, Inc. (Class A Stock)*       700 16,695
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PGIM QMA Mid-Cap Core Equity Fund
Schedule of Investments (unaudited) (continued)
as of April 30, 2020
Description     Shares Value
Common Stocks (Continued)
Media (cont’d.)
Meredith Corp.       2,800  $41,524
Nexstar Media Group, Inc. (Class A Stock)       600 42,024
          100,243
Metals & Mining 2.6%
Reliance Steel & Aluminum Co.       1,190 106,600
Royal Gold, Inc.       1,280 156,838
Steel Dynamics, Inc.       6,380 154,843
          418,281
Mortgage Real Estate Investment Trusts (REITs) 0.0%
Colony Credit Real Estate, Inc.       520 2,501
Ladder Capital Corp.       17 135
          2,636
Multi-Utilities 0.8%
MDU Resources Group, Inc.       5,760 129,370
Oil, Gas & Consumable Fuels 0.8%
Diamondback Energy, Inc.       400 17,416
PBF Energy, Inc. (Class A Stock)       3,150 35,910
World Fuel Services Corp.       3,220 80,500
          133,826
Personal Products 0.8%
Coty, Inc. (Class A Stock)       3,440 18,748
Edgewell Personal Care Co.*       1,290 35,617
Nu Skin Enterprises, Inc. (Class A Stock)       2,530 73,901
          128,266
Pharmaceuticals 0.6%
Catalent, Inc.*       1,220 84,363
Jazz Pharmaceuticals PLC*       120 13,230
          97,593
Professional Services 0.4%
ASGN, Inc.*       300 13,935
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PGIM QMA Mid-Cap Core Equity Fund
Schedule of Investments (unaudited) (continued)
as of April 30, 2020
Description     Shares Value
Common Stocks (Continued)
Professional Services (cont’d.)
Barrett Business Services, Inc.       300  $14,676
Insperity, Inc.       100 4,771
Kforce, Inc.       320 9,584
ManpowerGroup, Inc.       270 20,045
          63,011
Real Estate Management & Development 0.8%
Jones Lang LaSalle, Inc.       1,160 122,473
Road & Rail 0.5%
Landstar System, Inc.       700 72,317
Semiconductors & Semiconductor Equipment 4.7%
Cabot Microelectronics Corp.       600 73,524
First Solar, Inc.*       2,600 114,426
Monolithic Power Systems, Inc.       840 167,924
Synaptics, Inc.*       580 37,926
Teradyne, Inc.       3,390 212,011
Universal Display Corp.       990 148,619
          754,430
Software 5.3%
CDK Global, Inc.       3,570 140,230
Fair Isaac Corp.*       20 7,059
J2 Global, Inc.       1,580 127,411
Manhattan Associates, Inc.*       2,210 156,777
Nuance Communications, Inc.*       2,020 40,804
PTC, Inc.*       2,330 161,352
Teradata Corp.*       3,990 98,114
Tyler Technologies, Inc.*       350 112,242
          843,989
Specialty Retail 1.6%
Aaron’s, Inc.       310 9,892
AutoNation, Inc.*       3,040 113,210
Dick’s Sporting Goods, Inc.       1,800 52,902
Foot Locker, Inc.       2,350 60,230
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PGIM QMA Mid-Cap Core Equity Fund
Schedule of Investments (unaudited) (continued)
as of April 30, 2020
Description     Shares Value
Common Stocks (Continued)
Specialty Retail (cont’d.)
Murphy USA, Inc.*       50  $5,340
Sally Beauty Holdings, Inc.*       1,810 17,575
          259,149
Technology Hardware, Storage & Peripherals 0.5%
NCR Corp.*       4,040 82,901
Textiles, Apparel & Luxury Goods 0.9%
Deckers Outdoor Corp.*       960 142,810
Trading Companies & Distributors 0.4%
GMS, Inc.*       1,570 28,857
MSC Industrial Direct Co., Inc. (Class A Stock)       700 41,748
          70,605
Water Utilities 0.3%
Essential Utilities, Inc.       1,200 50,148
Wireless Telecommunication Services 0.3%
Telephone & Data Systems, Inc.       2,310 45,322
     
 
Total Common Stocks
(cost $17,233,022) 		16,289,373
Exchange-Traded Fund 1.4%
iShares Core S&P Mid-Cap ETF
(cost $189,155) 		      1,350 221,643
 
TOTAL INVESTMENTS 103.6%
(cost $17,422,177) 		        16,511,016
Liabilities in excess of other assets (3.6)% (570,610)
 
Net Assets 100.0% $15,940,406
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
  S&P—Standard & Poor’s
    
* Non-income producing security.
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PGIM QMA Mid-Cap Core Equity Fund
Schedule of Investments (unaudited) (continued)
as of April 30, 2020
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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