NPORT-EX 2 PI62570PRU033125.htm
PSF STOCK INDEX PORTFOLIO
SCHEDULE OF INVESTMENTS as of March 31, 2025 (unaudited)
      Shares   Value
Long-Term Investments — 98.4%
Common Stocks — 96.9%
Aerospace & Defense — 2.0%
Axon Enterprise, Inc.*
12,360   $6,500,742
Boeing Co. (The)*
127,136   21,683,045
General Dynamics Corp.
43,060   11,737,295
General Electric Co.
182,255   36,478,338
Howmet Aerospace, Inc.
69,192   8,976,278
Huntington Ingalls Industries, Inc.
6,600   1,346,664
L3Harris Technologies, Inc.
32,080   6,714,665
Lockheed Martin Corp.
35,568   15,888,581
Northrop Grumman Corp.
23,066   11,810,023
RTX Corp.
226,248   29,968,810
Textron, Inc.
31,750   2,293,937
TransDigm Group, Inc.(a)
9,520   13,168,921
            166,567,299
Air Freight & Logistics — 0.3%
C.H. Robinson Worldwide, Inc.
19,900   2,037,760
Expeditors International of Washington, Inc.(a)
23,900   2,873,975
FedEx Corp.
37,640   9,175,879
United Parcel Service, Inc. (Class B Stock)
124,200   13,660,758
            27,748,372
Automobile Components — 0.0%
Aptiv PLC (United Kingdom)*
39,800   2,368,100
Automobiles — 1.7%
Ford Motor Co.
662,059   6,640,452
General Motors Co.
169,000   7,948,070
Tesla, Inc.*
475,350   123,191,706
            137,780,228
Banks — 3.4%
Bank of America Corp.
1,124,832   46,939,239
Citigroup, Inc.
318,822   22,633,174
Citizens Financial Group, Inc.
76,000   3,113,720
Fifth Third Bancorp
114,749   4,498,161
Huntington Bancshares, Inc.
246,275   3,696,588
JPMorgan Chase & Co.
474,995   116,516,273
KeyCorp
167,800   2,683,122
M&T Bank Corp.
28,361   5,069,529
PNC Financial Services Group, Inc. (The)
67,443   11,854,456
Regions Financial Corp.
155,212   3,372,757
Truist Financial Corp.
224,726   9,247,475
U.S. Bancorp
264,581   11,170,610
Wells Fargo & Co.
558,676   40,107,350
            280,902,454
Beverages — 1.2%
Brown-Forman Corp. (Class B Stock)(a)
31,125   1,056,383
Coca-Cola Co. (The)
657,650   47,100,893
Constellation Brands, Inc. (Class A Stock)(a)
26,600   4,881,632
Keurig Dr. Pepper, Inc.
201,900   6,909,018
      Shares   Value
Common Stocks (continued)
Beverages (cont’d.)
Molson Coors Beverage Co. (Class B Stock)(a)
29,800   $1,813,926
Monster Beverage Corp.*
119,590   6,998,407
PepsiCo, Inc.
233,144   34,957,611
            103,717,870
Biotechnology — 1.8%
AbbVie, Inc.
299,889   62,832,743
Amgen, Inc.
91,394   28,473,801
Biogen, Inc.*
24,655   3,373,790
Gilead Sciences, Inc.
211,900   23,743,395
Incyte Corp.*
27,070   1,639,089
Moderna, Inc.*
57,400   1,627,290
Regeneron Pharmaceuticals, Inc.
17,930   11,371,744
Vertex Pharmaceuticals, Inc.*
43,600   21,138,152
            154,200,004
Broadline Retail — 3.7%
Amazon.com, Inc.*
1,602,200   304,834,572
eBay, Inc.
81,100   5,492,903
            310,327,475
Building Products — 0.5%
A.O. Smith Corp.
20,300   1,326,808
Allegion PLC(a)
14,733   1,922,067
Builders FirstSource, Inc.*
19,700   2,461,318
Carrier Global Corp.
137,167   8,696,388
Johnson Controls International PLC
112,115   8,981,533
Lennox International, Inc.
5,420   3,039,698
Masco Corp.
37,030   2,575,066
Trane Technologies PLC
38,300   12,904,036
            41,906,914
Capital Markets — 3.1%
Ameriprise Financial, Inc.
16,230   7,857,105
Bank of New York Mellon Corp. (The)
121,849   10,219,476
Blackrock, Inc.
24,740   23,415,915
Blackstone, Inc.
124,300   17,374,654
Cboe Global Markets, Inc.
17,700   4,005,333
Charles Schwab Corp. (The)
289,600   22,669,888
CME Group, Inc.
61,060   16,198,607
FactSet Research Systems, Inc.
6,500   2,955,160
Franklin Resources, Inc.(a)
52,300   1,006,775
Goldman Sachs Group, Inc. (The)
53,010   28,958,833
Intercontinental Exchange, Inc.
97,390   16,799,775
Invesco Ltd.
76,300   1,157,471
KKR & Co., Inc.
114,400   13,225,784
MarketAxess Holdings, Inc.
6,500   1,406,275
Moody’s Corp.
26,290   12,242,990
Morgan Stanley
210,778   24,591,469
MSCI, Inc.
13,190   7,458,945
Nasdaq, Inc.
70,200   5,325,372
Northern Trust Corp.
33,400   3,294,910
Raymond James Financial, Inc.
30,850   4,285,374
S&P Global, Inc.
53,506   27,186,399
State Street Corp.
49,575   4,438,450
A1
PSF STOCK INDEX PORTFOLIO (continued)
SCHEDULE OF INVESTMENTS as of March 31, 2025 (unaudited)
      Shares   Value
Common Stocks (continued)
Capital Markets (cont’d.)
T. Rowe Price Group, Inc.
37,700   $3,463,499
            259,538,459
Chemicals — 1.3%
Air Products & Chemicals, Inc.
37,950   11,192,214
Albemarle Corp.(a)
19,900   1,433,198
CF Industries Holdings, Inc.
29,400   2,297,610
Corteva, Inc.
117,356   7,385,213
Dow, Inc.
118,822   4,149,264
DuPont de Nemours, Inc.
70,756   5,284,058
Eastman Chemical Co.
19,800   1,744,578
Ecolab, Inc.
42,900   10,876,008
International Flavors & Fragrances, Inc.
43,340   3,363,618
Linde PLC
80,900   37,670,276
LyondellBasell Industries NV (Class A Stock)(a)
44,100   3,104,640
Mosaic Co. (The)
54,000   1,458,540
PPG Industries, Inc.
39,600   4,330,260
Sherwin-Williams Co. (The)
39,400   13,758,086
            108,047,563
Commercial Services & Supplies — 0.6%
Cintas Corp.
58,100   11,941,293
Copart, Inc.*
148,500   8,403,615
Republic Services, Inc.
34,635   8,387,211
Rollins, Inc.
47,625   2,573,179
Veralto Corp.
41,966   4,089,587
Waste Management, Inc.
61,930   14,337,414
            49,732,299
Communications Equipment — 0.9%
Arista Networks, Inc.*
175,600   13,605,488
Cisco Systems, Inc.
676,575   41,751,443
F5, Inc.*
9,750   2,596,133
Juniper Networks, Inc.
55,800   2,019,402
Motorola Solutions, Inc.
28,427   12,445,625
            72,418,091
Construction & Engineering — 0.1%
Quanta Services, Inc.
25,000   6,354,500
Construction Materials — 0.1%
Martin Marietta Materials, Inc.
10,360   4,953,427
Vulcan Materials Co.
22,300   5,202,590
            10,156,017
Consumer Finance — 0.6%
American Express Co.
94,250   25,357,962
Capital One Financial Corp.
64,769   11,613,082
Discover Financial Services
42,605   7,272,674
Synchrony Financial
65,830   3,485,040
            47,728,758
Consumer Staples Distribution & Retail — 2.0%
Costco Wholesale Corp.
75,392   71,304,246
Dollar General Corp.
37,300   3,279,789
Dollar Tree, Inc.*
34,247   2,570,922
Kroger Co. (The)
112,600   7,621,894
      Shares   Value
Common Stocks (continued)
Consumer Staples Distribution & Retail (cont’d.)
Sysco Corp.
83,400   $6,258,336
Target Corp.
77,868   8,126,305
Walgreens Boots Alliance, Inc.
121,500   1,357,155
Walmart, Inc.
737,600   64,753,904
            165,272,551
Containers & Packaging — 0.2%
Amcor PLC(a)
245,100   2,377,470
Avery Dennison Corp.
13,700   2,438,189
Ball Corp.
51,500   2,681,605
International Paper Co.
89,167   4,757,059
Packaging Corp. of America
15,100   2,990,102
Smurfit WestRock PLC
83,661   3,769,765
            19,014,190
Distributors — 0.1%
Genuine Parts Co.
23,625   2,814,683
LKQ Corp.
44,600   1,897,284
Pool Corp.(a)
6,620   2,107,477
            6,819,444
Diversified Telecommunication Services — 0.8%
AT&T, Inc.
1,219,171   34,478,156
Verizon Communications, Inc.
713,888   32,381,960
            66,860,116
Electric Utilities — 1.6%
Alliant Energy Corp.
43,500   2,799,225
American Electric Power Co., Inc.
90,240   9,860,525
Constellation Energy Corp.
53,324   10,751,718
Duke Energy Corp.
131,748   16,069,303
Edison International
65,500   3,859,260
Entergy Corp.
72,600   6,206,574
Evergy, Inc.
39,000   2,689,050
Eversource Energy
62,000   3,850,820
Exelon Corp.
169,573   7,813,924
FirstEnergy Corp.
86,880   3,511,690
NextEra Energy, Inc.
348,400   24,698,076
NRG Energy, Inc.
34,100   3,255,186
PG&E Corp.
370,300   6,361,754
Pinnacle West Capital Corp.
19,300   1,838,325
PPL Corp.
125,100   4,517,361
Southern Co. (The)
186,300   17,130,285
Xcel Energy, Inc.
97,595   6,908,750
            132,121,826
Electrical Equipment — 0.7%
AMETEK, Inc.
39,300   6,765,102
Eaton Corp. PLC
67,211   18,269,966
Emerson Electric Co.
95,800   10,503,512
GE Vernova, Inc.
46,988   14,344,497
Generac Holdings, Inc.*
10,200   1,291,830
Hubbell, Inc.
9,300   3,077,463
Rockwell Automation, Inc.
19,220   4,966,063
            59,218,433
 
A2
PSF STOCK INDEX PORTFOLIO (continued)
SCHEDULE OF INVESTMENTS as of March 31, 2025 (unaudited)
      Shares   Value
Common Stocks (continued)
Electronic Equipment, Instruments & Components — 0.6%
Amphenol Corp. (Class A Stock)
205,700   $13,491,863
CDW Corp.
22,600   3,621,876
Corning, Inc.
130,600   5,978,868
Jabil, Inc.
18,600   2,530,902
Keysight Technologies, Inc.*
29,600   4,433,192
TE Connectivity PLC (Switzerland)
50,600   7,150,792
Teledyne Technologies, Inc.*
7,779   3,871,686
Trimble, Inc.*
41,400   2,717,910
Zebra Technologies Corp. (Class A Stock)*
8,780   2,480,877
            46,277,966
Energy Equipment & Services — 0.3%
Baker Hughes Co.
168,448   7,403,290
Halliburton Co.
149,700   3,797,889
Schlumberger NV
237,898   9,944,136
            21,145,315
Entertainment — 1.4%
Electronic Arts, Inc.
40,800   5,896,416
Live Nation Entertainment, Inc.*
26,600   3,473,428
Netflix, Inc.*
72,630   67,729,654
Take-Two Interactive Software, Inc.*
27,650   5,730,463
TKO Group Holdings, Inc.
11,300   1,726,753
Walt Disney Co. (The)
307,522   30,352,421
Warner Bros Discovery, Inc.*
378,408   4,060,318
            118,969,453
Financial Services — 4.9%
Apollo Global Management, Inc.
75,700   10,366,358
Berkshire Hathaway, Inc. (Class B Stock)*
311,350   165,818,783
Corpay, Inc.*
12,000   4,184,640
Fidelity National Information Services, Inc.
90,000   6,721,200
Fiserv, Inc.*(a)
96,800   21,376,344
Global Payments, Inc.
42,013   4,113,913
Jack Henry & Associates, Inc.
12,350   2,255,110
Mastercard, Inc. (Class A Stock)
138,330   75,821,440
PayPal Holdings, Inc.*
168,000   10,962,000
Visa, Inc. (Class A Stock)
292,900   102,649,734
            404,269,522
Food Products — 0.6%
Archer-Daniels-Midland Co.
81,038   3,890,634
Bunge Global SA
22,600   1,727,092
Conagra Brands, Inc.
81,200   2,165,604
General Mills, Inc.(a)
94,400   5,644,176
Hershey Co. (The)
25,000   4,275,750
Hormel Foods Corp.
49,300   1,525,342
J.M. Smucker Co. (The)
18,000   2,131,380
Kellanova
47,550   3,922,400
Kraft Heinz Co. (The)
149,437   4,547,368
Lamb Weston Holdings, Inc.(a)
24,400   1,300,520
McCormick & Co., Inc.
42,700   3,514,637
Mondelez International, Inc. (Class A Stock)(a)
219,711   14,907,391
      Shares   Value
Common Stocks (continued)
Food Products (cont’d.)
The Campbell’s Co.(a)
33,400   $1,333,328
Tyson Foods, Inc. (Class A Stock)
48,500   3,094,785
            53,980,407
Gas Utilities — 0.0%
Atmos Energy Corp.
26,900   4,158,202
Ground Transportation — 0.9%
CSX Corp.
328,816   9,677,055
J.B. Hunt Transport Services, Inc.
13,700   2,026,915
Norfolk Southern Corp.
38,600   9,142,410
Old Dominion Freight Line, Inc.(a)
32,000   5,294,400
Uber Technologies, Inc.*
354,800   25,850,728
Union Pacific Corp.
102,650   24,250,036
            76,241,544
Health Care Equipment & Supplies — 2.4%
Abbott Laboratories
294,725   39,095,271
Align Technology, Inc.*
11,920   1,893,611
Baxter International, Inc.
86,500   2,960,895
Becton, Dickinson & Co.
48,699   11,154,993
Boston Scientific Corp.*
249,749   25,194,679
Cooper Cos., Inc. (The)*
33,720   2,844,282
Dexcom, Inc.*
66,120   4,515,335
Edwards Lifesciences Corp.*
99,850   7,237,128
GE HealthCare Technologies, Inc.
77,518   6,256,478
Hologic, Inc.*
38,050   2,350,349
IDEXX Laboratories, Inc.*
13,940   5,854,103
Insulet Corp.*
11,900   3,125,059
Intuitive Surgical, Inc.*
60,520   29,973,740
Medtronic PLC
217,528   19,547,066
ResMed, Inc.
24,800   5,551,480
Solventum Corp.*
23,397   1,779,108
STERIS PLC
16,700   3,785,055
Stryker Corp.
58,370   21,728,233
Zimmer Biomet Holdings, Inc.
33,686   3,812,581
            198,659,446
Health Care Providers & Services — 2.3%
Cardinal Health, Inc.
41,375   5,700,234
Cencora, Inc.
29,300   8,148,037
Centene Corp.*
84,168   5,109,839
Cigna Group (The)
46,432   15,276,128
CVS Health Corp.
213,299   14,451,007
DaVita, Inc.*
7,800   1,193,166
Elevance Health, Inc.
39,240   17,067,830
HCA Healthcare, Inc.
30,300   10,470,165
Henry Schein, Inc.*
21,500   1,472,535
Humana, Inc.
20,430   5,405,778
Labcorp Holdings, Inc.
14,200   3,304,908
McKesson Corp.
21,287   14,325,938
Molina Healthcare, Inc.*
9,400   3,096,266
Quest Diagnostics, Inc.
18,900   3,197,880
UnitedHealth Group, Inc.
156,370   81,898,788
Universal Health Services, Inc. (Class B Stock)
10,100   1,897,790
            192,016,289
 
A3
PSF STOCK INDEX PORTFOLIO (continued)
SCHEDULE OF INVESTMENTS as of March 31, 2025 (unaudited)
      Shares   Value
Common Stocks (continued)
Health Care REITs — 0.3%
Alexandria Real Estate Equities, Inc.
26,380   $2,440,414
Healthpeak Properties, Inc.
119,300   2,412,246
Ventas, Inc.
74,204   5,102,267
Welltower, Inc.
103,500   15,857,235
            25,812,162
Hotel & Resort REITs — 0.0%
Host Hotels & Resorts, Inc.
119,126   1,692,780
Hotels, Restaurants & Leisure — 2.0%
Airbnb, Inc. (Class A Stock)*
73,300   8,756,418
Booking Holdings, Inc.
5,610   25,844,765
Caesars Entertainment, Inc.*
36,700   917,500
Carnival Corp.*
175,900   3,435,327
Chipotle Mexican Grill, Inc.*
230,750   11,585,957
Darden Restaurants, Inc.
20,100   4,175,976
Domino’s Pizza, Inc.
5,900   2,710,755
DoorDash, Inc. (Class A Stock)*
57,600   10,527,552
Expedia Group, Inc.
21,100   3,546,910
Hilton Worldwide Holdings, Inc.
40,800   9,284,040
Las Vegas Sands Corp.
59,900   2,313,937
Marriott International, Inc. (Class A Stock)
38,873   9,259,549
McDonald’s Corp.
121,760   38,034,171
MGM Resorts International*
39,100   1,158,924
Norwegian Cruise Line Holdings Ltd.*
75,500   1,431,480
Royal Caribbean Cruises Ltd.(a)
42,100   8,649,024
Starbucks Corp.
193,000   18,931,370
Wynn Resorts Ltd.
15,900   1,327,650
Yum! Brands, Inc.
47,100   7,411,656
            169,302,961
Household Durables — 0.3%
D.R. Horton, Inc.
48,100   6,114,953
Garmin Ltd.(a)
26,100   5,667,093
Lennar Corp. (Class A Stock)
39,600   4,545,288
Mohawk Industries, Inc.*
8,900   1,016,202
NVR, Inc.*
500   3,622,195
PulteGroup, Inc.
34,385   3,534,778
            24,500,509
Household Products — 1.2%
Church & Dwight Co., Inc.(a)
41,500   4,568,735
Clorox Co. (The)(a)
21,000   3,092,250
Colgate-Palmolive Co.
138,600   12,986,820
Kimberly-Clark Corp.
56,438   8,026,612
Procter & Gamble Co. (The)
398,276   67,874,196
            96,548,613
Independent Power & Renewable Electricity Producers — 0.1%
AES Corp. (The)
120,500   1,496,610
Vistra Corp.
57,600   6,764,544
            8,261,154
Industrial Conglomerates — 0.4%
3M Co.
92,190   13,539,023
      Shares   Value
Common Stocks (continued)
Industrial Conglomerates (cont’d.)
Honeywell International, Inc.
110,550   $23,408,963
            36,947,986
Industrial REITs — 0.2%
Prologis, Inc.
156,980   17,548,794
Insurance — 2.3%
Aflac, Inc.
84,600   9,406,674
Allstate Corp. (The)
44,728   9,261,827
American International Group, Inc.
100,729   8,757,379
Aon PLC (Class A Stock)
36,625   14,616,671
Arch Capital Group Ltd.
63,500   6,107,430
Arthur J. Gallagher & Co.
43,150   14,897,106
Assurant, Inc.
8,800   1,845,800
Brown & Brown, Inc.(a)
40,100   4,988,440
Chubb Ltd.
63,230   19,094,828
Cincinnati Financial Corp.
26,528   3,918,716
Erie Indemnity Co. (Class A Stock)(a)
4,260   1,785,153
Everest Group Ltd.
7,300   2,652,309
Globe Life, Inc.
14,175   1,867,131
Hartford Insurance Group, Inc. (The)
48,900   6,050,397
Loews Corp.
30,026   2,759,690
Marsh & McLennan Cos., Inc.
83,500   20,376,505
MetLife, Inc.
98,480   7,906,959
Principal Financial Group, Inc.
36,100   3,045,757
Progressive Corp. (The)
99,500   28,159,495
Prudential Financial, Inc.
60,500   6,756,640
Travelers Cos., Inc. (The)
38,648   10,220,850
W.R. Berkley Corp.
50,950   3,625,602
Willis Towers Watson PLC
16,900   5,711,355
            193,812,714
Interactive Media & Services — 5.9%
Alphabet, Inc. (Class A Stock)
990,880   153,229,683
Alphabet, Inc. (Class C Stock)
803,000   125,452,690
Match Group, Inc.(a)
43,700   1,363,440
Meta Platforms, Inc. (Class A Stock)
372,000   214,405,920
            494,451,733
IT Services — 1.1%
Accenture PLC (Ireland) (Class A Stock)
106,250   33,154,250
Akamai Technologies, Inc.*
25,700   2,068,850
Cognizant Technology Solutions Corp. (Class A Stock)
84,100   6,433,650
EPAM Systems, Inc.*
9,640   1,627,618
Gartner, Inc.*
13,170   5,527,976
GoDaddy, Inc. (Class A Stock)*
23,900   4,305,346
International Business Machines Corp.
157,125   39,070,702
VeriSign, Inc.*
13,800   3,503,406
            95,691,798
Leisure Products — 0.0%
Hasbro, Inc.
22,250   1,368,153
Life Sciences Tools & Services — 1.0%
Agilent Technologies, Inc.
48,582   5,683,122
Bio-Techne Corp.(a)
26,720   1,566,594
 
A4
PSF STOCK INDEX PORTFOLIO (continued)
SCHEDULE OF INVESTMENTS as of March 31, 2025 (unaudited)
      Shares   Value
Common Stocks (continued)
Life Sciences Tools & Services (cont’d.)
Charles River Laboratories International, Inc.*
8,800   $1,324,576
Danaher Corp.
108,700   22,283,500
IQVIA Holdings, Inc.*
28,400   5,006,920
Mettler-Toledo International, Inc.*(a)
3,600   4,251,276
Revvity, Inc.(a)
20,900   2,211,220
Thermo Fisher Scientific, Inc.
65,000   32,344,000
Waters Corp.*(a)
10,050   3,704,128
West Pharmaceutical Services, Inc.
12,300   2,753,724
            81,129,060
Machinery — 1.6%
Caterpillar, Inc.
81,150   26,763,270
Cummins, Inc.
23,350   7,318,824
Deere & Co.
42,950   20,158,582
Dover Corp.
23,300   4,093,344
Fortive Corp.
57,900   4,237,122
IDEX Corp.
12,800   2,316,416
Illinois Tool Works, Inc.
45,375   11,253,454
Ingersoll Rand, Inc.
68,437   5,477,013
Nordson Corp.
9,200   1,855,824
Otis Worldwide Corp.
67,883   7,005,526
PACCAR, Inc.(a)
88,892   8,655,414
Parker-Hannifin Corp.
21,927   13,328,327
Pentair PLC
28,107   2,458,800
Snap-on, Inc.(a)
8,950   3,016,240
Stanley Black & Decker, Inc.(a)
26,135   2,009,259
Westinghouse Air Brake Technologies Corp.
29,112   5,279,461
Xylem, Inc.
41,200   4,921,752
            130,148,628
Media — 0.5%
Charter Communications, Inc. (Class A Stock)*
16,450   6,062,318
Comcast Corp. (Class A Stock)
640,692   23,641,535
Fox Corp. (Class A Stock)(a)
38,066   2,154,536
Fox Corp. (Class B Stock)
22,366   1,178,912
Interpublic Group of Cos., Inc. (The)
63,662   1,729,060
News Corp. (Class A Stock)
64,125   1,745,483
News Corp. (Class B Stock)(a)
19,000   577,030
Omnicom Group, Inc.(a)
33,200   2,752,612
Paramount Global (Class B Stock)(a)
100,866   1,206,357
            41,047,843
Metals & Mining — 0.3%
Freeport-McMoRan, Inc.
243,612   9,223,150
Newmont Corp.
194,603   9,395,433
Nucor Corp.
40,200   4,837,668
Steel Dynamics, Inc.
24,300   3,039,444
            26,495,695
Multi-Utilities — 0.7%
Ameren Corp.
45,200   4,538,080
CenterPoint Energy, Inc.
110,510   4,003,777
CMS Energy Corp.
50,700   3,808,077
Consolidated Edison, Inc.
58,600   6,480,574
      Shares   Value
Common Stocks (continued)
Multi-Utilities (cont’d.)
Dominion Energy, Inc.(a)
142,240   $7,975,397
DTE Energy Co.
35,100   4,853,277
NiSource, Inc.
79,350   3,181,142
Public Service Enterprise Group, Inc.
84,500   6,954,350
Sempra
107,408   7,664,635
WEC Energy Group, Inc.
53,576   5,838,712
            55,298,021
Office REITs — 0.0%
BXP, Inc.(a)
24,600   1,652,874
Oil, Gas & Consumable Fuels — 3.3%
APA Corp.(a)
62,750   1,319,005
Chevron Corp.(a)
284,059   47,520,230
ConocoPhillips
216,718   22,759,724
Coterra Energy, Inc.(a)
125,400   3,624,060
Devon Energy Corp.
111,200   4,158,880
Diamondback Energy, Inc.
31,800   5,084,184
EOG Resources, Inc.
95,800   12,285,392
EQT Corp.
100,700   5,380,401
Expand Energy Corp.
35,700   3,974,124
Exxon Mobil Corp.
739,419   87,939,101
Hess Corp.
46,875   7,487,344
Kinder Morgan, Inc.
327,443   9,341,949
Marathon Petroleum Corp.
53,687   7,821,659
Occidental Petroleum Corp.(a)
114,228   5,638,294
ONEOK, Inc.
104,840   10,402,225
Phillips 66
69,864   8,626,807
Targa Resources Corp.
37,100   7,437,437
Texas Pacific Land Corp.(a)
3,200   4,239,968
Valero Energy Corp.
53,600   7,078,952
Williams Cos., Inc. (The)
206,700   12,352,392
            274,472,128
Passenger Airlines — 0.1%
Delta Air Lines, Inc.
108,700   4,739,320
Southwest Airlines Co.
101,637   3,412,970
United Airlines Holdings, Inc.*
55,800   3,852,990
            12,005,280
Personal Care Products — 0.1%
Estee Lauder Cos., Inc. (The) (Class A Stock)
39,500   2,607,000
Kenvue, Inc.
324,800   7,788,704
            10,395,704
Pharmaceuticals — 3.3%
Bristol-Myers Squibb Co.
343,790   20,967,752
Eli Lilly & Co.
133,880   110,572,831
Johnson & Johnson
409,146   67,852,772
Merck & Co., Inc.
429,903   38,588,093
Pfizer, Inc.
960,923   24,349,789
Viatris, Inc.
202,394   1,762,852
Zoetis, Inc.
76,000   12,513,400
            276,607,489
Professional Services — 0.7%
Automatic Data Processing, Inc.
68,910   21,054,072
 
A5
PSF STOCK INDEX PORTFOLIO (continued)
SCHEDULE OF INVESTMENTS as of March 31, 2025 (unaudited)
      Shares   Value
Common Stocks (continued)
Professional Services (cont’d.)
Broadridge Financial Solutions, Inc.
19,800   $4,800,708
Dayforce, Inc.*(a)
26,800   1,563,244
Equifax, Inc.(a)
20,950   5,102,582
Jacobs Solutions, Inc.
21,200   2,562,868
Leidos Holdings, Inc.(a)
22,250   3,002,415
Paychex, Inc.(a)
54,350   8,385,118
Paycom Software, Inc.
8,200   1,791,536
Verisk Analytics, Inc.
24,100   7,172,642
            55,435,185
Real Estate Management & Development — 0.1%
CBRE Group, Inc. (Class A Stock)*
50,200   6,565,156
CoStar Group, Inc.*(a)
71,300   5,649,099
            12,214,255
Residential REITs — 0.3%
AvalonBay Communities, Inc.
24,068   5,165,474
Camden Property Trust
18,100   2,213,630
Equity Residential(a)
57,900   4,144,482
Essex Property Trust, Inc.
10,870   3,332,416
Invitation Homes, Inc.
96,600   3,366,510
Mid-America Apartment Communities, Inc.
19,800   3,318,084
UDR, Inc.(a)
50,900   2,299,153
            23,839,749
Retail REITs — 0.3%
Federal Realty Investment Trust
12,800   1,252,096
Kimco Realty Corp.
114,300   2,427,732
Realty Income Corp.
147,700   8,568,077
Regency Centers Corp.(a)
27,600   2,035,776
Simon Property Group, Inc.
52,011   8,637,987
            22,921,668
Semiconductors & Semiconductor Equipment — 9.6%
Advanced Micro Devices, Inc.*
275,795   28,335,178
Analog Devices, Inc.
84,494   17,039,905
Applied Materials, Inc.
138,000   20,026,560
Broadcom, Inc.
796,200   133,307,766
Enphase Energy, Inc.*
23,000   1,427,150
First Solar, Inc.*(a)
18,100   2,288,383
Intel Corp.
735,500   16,703,205
KLA Corp.
22,560   15,336,288
Lam Research Corp.
218,800   15,906,760
Microchip Technology, Inc.
91,000   4,405,310
Micron Technology, Inc.
189,200   16,439,588
Monolithic Power Systems, Inc.
8,120   4,709,438
NVIDIA Corp.
4,160,200   450,882,476
NXP Semiconductors NV (China)
43,200   8,210,592
ON Semiconductor Corp.*(a)
72,600   2,954,094
QUALCOMM, Inc.
187,850   28,855,638
Skyworks Solutions, Inc.(a)
27,100   1,751,473
Teradyne, Inc.
27,700   2,288,020
Texas Instruments, Inc.
154,700   27,799,590
            798,667,414
      Shares   Value
Common Stocks (continued)
Software — 9.5%
Adobe, Inc.*
73,895   $28,340,949
ANSYS, Inc.*
14,800   4,685,088
Autodesk, Inc.*
36,670   9,600,206
Cadence Design Systems, Inc.*
46,400   11,800,912
Crowdstrike Holdings, Inc. (Class A Stock)*
41,800   14,737,844
Fair Isaac Corp.*
4,120   7,597,939
Fortinet, Inc.*
107,700   10,367,202
Gen Digital, Inc.
91,811   2,436,664
Intuit, Inc.
47,640   29,250,484
Microsoft Corp.
1,262,780   474,034,984
Oracle Corp.
275,595   38,530,937
Palantir Technologies, Inc. (Class A Stock)*
348,300   29,396,520
Palo Alto Networks, Inc.*(a)
112,400   19,179,936
PTC, Inc.*
20,400   3,160,980
Roper Technologies, Inc.(a)
18,180   10,718,564
Salesforce, Inc.
162,500   43,608,500
ServiceNow, Inc.*
35,020   27,880,823
Synopsys, Inc.*(a)
26,240   11,253,024
Tyler Technologies, Inc.*
7,240   4,209,264
Workday, Inc. (Class A Stock)*
36,400   8,500,492
            789,291,312
Specialized REITs — 0.9%
American Tower Corp.
79,200   17,233,920
Crown Castle, Inc.
73,650   7,676,540
Digital Realty Trust, Inc.(a)
53,700   7,694,673
Equinix, Inc.
16,535   13,481,812
Extra Space Storage, Inc.
35,900   5,330,791
Iron Mountain, Inc.
49,730   4,278,769
Public Storage
26,750   8,006,008
SBA Communications Corp.
18,230   4,010,782
VICI Properties, Inc.
177,600   5,793,312
Weyerhaeuser Co.
123,330   3,611,102
            77,117,709
Specialty Retail — 1.9%
AutoZone, Inc.*
2,850   10,866,423
Best Buy Co., Inc.(a)
33,325   2,453,053
CarMax, Inc.*
26,500   2,064,880
Home Depot, Inc. (The)
168,869   61,888,800
Lowe’s Cos., Inc.
95,875   22,360,926
O’Reilly Automotive, Inc.*
9,760   13,981,981
Ross Stores, Inc.
56,600   7,232,914
TJX Cos., Inc. (The)
190,900   23,251,620
Tractor Supply Co.
91,500   5,041,650
Ulta Beauty, Inc.*(a)
8,070   2,957,978
Williams-Sonoma, Inc.
20,900   3,304,290
            155,404,515
Technology Hardware, Storage & Peripherals — 7.1%
Apple, Inc.
2,551,820   566,835,777
Dell Technologies, Inc. (Class C Stock)
53,000   4,830,950
Hewlett Packard Enterprise Co.
220,366   3,400,247
HP, Inc.
159,266   4,410,076
NetApp, Inc.(a)
34,900   3,065,616
 
A6
PSF STOCK INDEX PORTFOLIO (continued)
SCHEDULE OF INVESTMENTS as of March 31, 2025 (unaudited)
      Shares   Value
Common Stocks (continued)
Technology Hardware, Storage & Peripherals (cont’d.)
Seagate Technology Holdings PLC
35,650   $3,028,467
Super Micro Computer, Inc.*(a)
85,400   2,924,096
Western Digital Corp.*
58,468   2,363,861
            590,859,090
Textiles, Apparel & Luxury Goods — 0.3%
Deckers Outdoor Corp.*
25,840   2,889,170
Lululemon Athletica, Inc.*
19,000   5,378,140
NIKE, Inc. (Class B Stock)
201,600   12,797,568
Ralph Lauren Corp.
6,700   1,478,958
Tapestry, Inc.
35,100   2,471,391
            25,015,227
Tobacco — 0.7%
Altria Group, Inc.
287,000   17,225,740
Philip Morris International, Inc.
264,300   41,952,339
            59,178,079
Trading Companies & Distributors — 0.3%
Fastenal Co.
97,100   7,530,105
United Rentals, Inc.
11,100   6,956,370
W.W. Grainger, Inc.
7,530   7,438,360
            21,924,835
Water Utilities — 0.1%
American Water Works Co., Inc.(a)
33,050   4,875,536
Wireless Telecommunication Services — 0.3%
T-Mobile US, Inc.
81,400   21,710,194
 
Total Common Stocks

(cost $1,644,505,080)
  8,078,165,954
Unaffiliated Exchange-Traded Fund — 1.5%
iShares Core S&P 500 ETF
219,000   123,056,100
(cost $90,294,939)      
 
Total Long-Term Investments

(cost $1,734,800,019)
  8,201,222,054
Short-Term Investments — 4.0%
Affiliated Mutual Funds — 3.9%
PGIM Core Ultra Short Bond Fund(wb)
117,348,947   117,348,947
PGIM Institutional Money Market Fund (7-day effective yield 4.548%)

(cost $209,536,328; includes $208,877,085 of cash collateral for securities on loan)(b)(wb)
209,843,157   209,717,252
 
Total Affiliated Mutual Funds

(cost $326,885,275)
  327,066,199
    
Interest
Rate 		  Maturity
Date 		  Principal
Amount
(000)# 		  Value
U.S. Treasury Obligation(k)(n) — 0.1%
U.S. Treasury Bills
4.217%   06/17/25     9,000   $8,919,738
(cost $8,919,709)        
 
Total Short-Term Investments

(cost $335,804,984)
  335,985,937
 
TOTAL INVESTMENTS—102.4%

(cost $2,070,605,003)
  8,537,207,991
 
Liabilities in excess of other assets(z) — (2.4)%
  (203,742,705)
 
Net Assets — 100.0%
  $8,333,465,286
    
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.
# Principal amount is shown in U.S. dollars unless otherwise stated.
(a) All or a portion of security is on loan. The aggregate market value of such securities, including those sold and pending settlement, is $205,429,287; cash collateral of $208,877,085 (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.
(k) Represents security, or a portion thereof, segregated as collateral for centrally cleared/exchange-traded derivatives.
(n) Rate shown reflects yield to maturity at purchased date.
(wb) Represents an investment in a Fund affiliated with the Manager. 
(z) Includes net unrealized appreciation/(depreciation) and/or market value of the below holdings which are excluded from the Schedule of Investments:
 
A7
PSF STOCK INDEX PORTFOLIO (continued)
SCHEDULE OF INVESTMENTS as of March 31, 2025 (unaudited)
Futures contracts outstanding at March 31, 2025:
Number
of
Contracts 		  Type   Expiration
Date 		  Current
Notional
Amount 		  Value /
Unrealized
Appreciation
(Depreciation)
Long Position:
455   S&P 500 E-Mini Index   Jun. 2025   $128,611,438   $(886,476)
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).
A8