NPORT-EX 2 PI62580PRU093022.htm
PSF PGIM JENNISON VALUE PORTFOLIO
SCHEDULE OF INVESTMENTS as of September 30, 2022 (unaudited)
      Shares   Value
Long-Term Investments — 97.3%
Common Stocks
Aerospace & Defense — 2.9%
Airbus SE (France)
147,946   $12,753,001
Raytheon Technologies Corp.
309,453   25,331,823
            38,084,824
Airlines — 0.8%
Delta Air Lines, Inc.*
391,445   10,983,947
Automobiles — 1.0%
General Motors Co.
423,421   13,587,580
Banks — 9.6%
Bank of America Corp.
977,073   29,507,605
Citigroup, Inc.
204,973   8,541,225
JPMorgan Chase & Co.
329,579   34,441,005
PNC Financial Services Group, Inc. (The)
179,071   26,756,789
Truist Financial Corp.(a)
597,725   26,024,946
            125,271,570
Beverages — 1.8%
PepsiCo, Inc.
146,142   23,859,143
Biotechnology — 3.7%
AbbVie, Inc.
226,238   30,363,402
Amgen, Inc.
81,264   18,316,906
            48,680,308
Building Products — 1.4%
Johnson Controls International PLC
373,025   18,360,290
Capital Markets — 3.5%
Blackstone, Inc.(a)
141,760   11,865,312
Goldman Sachs Group, Inc. (The)
114,731   33,621,920
            45,487,232
Chemicals — 3.0%
DuPont de Nemours, Inc.
240,008   12,096,403
Linde PLC (United Kingdom)
101,057   27,243,957
            39,340,360
Communications Equipment — 1.2%
Cisco Systems, Inc.
391,360   15,654,400
Consumer Finance — 1.1%
SLM Corp.
997,302   13,952,255
Containers & Packaging — 1.6%
Crown Holdings, Inc.(a)
253,949   20,577,487
Electric Utilities — 1.7%
NextEra Energy, Inc.
282,433   22,145,572
Equity Real Estate Investment Trusts (REITs) — 1.5%
Alexandria Real Estate Equities, Inc.(a)
140,231   19,658,984
Food & Staples Retailing — 2.1%
Walmart, Inc.
209,550   27,178,635
Food Products — 1.2%
Mondelez International, Inc. (Class A Stock)
283,323   15,534,600
Health Care Equipment & Supplies — 1.9%
Abbott Laboratories
261,765   25,328,381
      Shares   Value
Common Stocks (continued)
Health Care Providers & Services — 3.8%
Centene Corp.*
241,559   $18,795,706
Cigna Corp.
57,005   15,817,177
Laboratory Corp. of America Holdings
70,741   14,488,464
            49,101,347
Hotels, Restaurants & Leisure — 2.1%
McDonald’s Corp.
116,945   26,983,889
Household Products — 2.0%
Procter & Gamble Co. (The)
210,840   26,618,550
Insurance — 6.9%
Chubb Ltd.
196,379   35,717,412
Marsh & McLennan Cos., Inc.
107,969   16,118,692
MetLife, Inc.
344,118   20,915,492
RenaissanceRe Holdings Ltd. (Bermuda)
120,799   16,958,972
            89,710,568
Interactive Media & Services — 3.2%
Alphabet, Inc. (Class A Stock)*
252,346   24,136,895
Meta Platforms, Inc. (Class A Stock)*
129,125   17,519,680
            41,656,575
Life Sciences Tools & Services — 1.7%
Danaher Corp.
83,863   21,660,974
Machinery — 4.1%
Deere & Co.
54,290   18,126,888
Fortive Corp.
291,081   16,970,022
Otis Worldwide Corp.
276,238   17,623,985
            52,720,895
Multi-Utilities — 3.5%
Ameren Corp.
227,744   18,344,779
Dominion Energy, Inc.
399,632   27,618,568
            45,963,347
Oil, Gas & Consumable Fuels — 9.8%
Chevron Corp.
302,400   43,445,808
ConocoPhillips
333,395   34,119,644
Hess Corp.
206,851   22,544,690
Williams Cos., Inc. (The)(a)
940,282   26,920,274
            127,030,416
Pharmaceuticals — 8.7%
AstraZeneca PLC (United Kingdom), ADR
440,034   24,131,464
Bristol-Myers Squibb Co.
639,318   45,449,117
Eli Lilly & Co.
133,855   43,282,014
            112,862,595
Road & Rail — 1.3%
Union Pacific Corp.
83,491   16,265,717
Semiconductors & Semiconductor Equipment — 4.5%
Broadcom, Inc.
39,055   17,340,811
Lam Research Corp.
23,909   8,750,694
NXP Semiconductors NV (China)
97,752   14,419,397
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PSF PGIM JENNISON VALUE PORTFOLIO (continued)
SCHEDULE OF INVESTMENTS as of September 30, 2022 (unaudited)
      Shares   Value
Common Stocks (continued)
Semiconductors & Semiconductor Equipment (cont’d.)
QUALCOMM, Inc.
153,609   $17,354,745
            57,865,647
Software — 2.9%
Microsoft Corp.
103,199   24,035,047
Salesforce, Inc.*
91,113   13,105,694
            37,140,741
Specialty Retail — 1.0%
Lowe’s Cos., Inc.
70,805   13,297,887
Technology Hardware, Storage & Peripherals — 1.8%
Apple, Inc.
168,169   23,240,956
 
Total Long-Term Investments

(cost $941,302,996)
  1,265,805,672
Short-Term Investments — 5.9%
Affiliated Mutual Funds
PGIM Core Ultra Short Bond Fund(wa)
34,377,143   34,377,143
PGIM Institutional Money Market Fund

(cost $42,147,535; includes $42,041,585 of cash collateral for securities on loan)(b)(wa)
42,182,429   42,152,901
 
Total Short-Term Investments

(cost $76,524,677)
  76,530,044
 
TOTAL INVESTMENTS—103.2%

(cost $1,017,827,673)
  1,342,335,716
 
Liabilities in excess of other assets — (3.2)%
  (41,088,971)
 
Net Assets — 100.0%
  $1,301,246,745
    
Below is a list of the abbreviation(s) used in the quarterly schedule of portfolio holdings:
ADR American Depositary Receipt
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 $41,089,369; cash collateral of $42,041,585 (included in liabilities) was received with which the Portfolio 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 Portfolio 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 Portfolio, also serves as manager of the PGIM Core Ultra Short Bond Fund and PGIM Institutional Money Market Fund, if applicable.
 
Other information regarding the Portfolio is available in the Portfolio’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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