UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED

MANAGEMENT INVESTMENT COMPANIES

Investment Company Act file number:	811-01612
Exact name of registrant as specified in charter:	The Prudential Variable Contract Account-2
Address of principal executive offices:	Gateway Center 3,
	100 Mulberry Street,
	Newark, New Jersey 07102
Name and address of agent for service:	Deborah A. Docs
	Gateway Center 3,
	100 Mulberry Street,
	Newark, New Jersey 07102
Registrant’s telephone number, including area code:	973-367-7521
Date of fiscal year end:	12/31/2005
Date of reporting period:	9/30/2005

Item 1. Schedule of Investments

VCA 2

Schedule of Investments as of September 30, 2005 (Unaudited)

	Shares		Value
LONG-TERM INVESTMENTS - 99.7%
COMMON STOCKS
Aerospace/Defense - 2.4%
Honeywell International, Inc.	$	163,000	$	6,112,500
Lockheed Martin Corp.		67,200		4,101,888
				10,214,388
Beverages- 1.3%
PepsiCo, Inc.		95,500		5,415,805
Biotechnology - 4.2%
Amgen, Inc. (a)		86,500		6,891,455
Genentech Inc.(a)		74,800		6,298,908
Gilead Sciences, Inc. (a)		94,900		4,627,324
				17,817,687
Capital Markets - 4.6%
Bank of New York (The)		86,500		2,543,965
Charles Schwab Corp.		506,500		7,308,795
Goldman Sachs Group, Inc. (The)		35,200		4,279,616
Merrill Lynch & Co.		87,900		5,392,665
				19,525,041
Chemicals - 2.8%
Agrium, Inc.		275,800		6,059,326
Dupont EI. de Nemours		146,800		5,750,156
				11,809,482
Commercial Services & Supplies - 2.4%
Cendant Corp.		179,100		3,696,624
Waste Management, Inc.		222,800		6,374,308
				10,070,932
Communications Equipment - 3.1%
Nokia, Inc. ADR (Finland)		179,400		3,033,654
Nortel Networks Corp. (a)		1,541,600		5,025,616
QualComm, Inc.		118,100		5,284,975
				13,344,245
Consumer Finance - 1.8%
American Express Co.		134,300		7,714,192
Diversified Financial Services - 1.3%
J.P. Morgan & Chase Co.		165,292		5,608,358
Electric Utilities - 1.3%
Exelon Corp.		107,600		5,750,144
Electronic Equipment & Instruments - 1.5%
Agilent Technologies, Inc. (a)		195,600		6,405,900
Energy Equipment & Services - 6.6%
BJ Services Co.		235,000		8,457,650
Global SantaFe Corp.		160,500		7,322,010
Schlumberger Ltd.		71,800		6,058,484
Weatherford International Ltd. (a)		94,600		6,495,236
				28,333,380
Food & Staples Retailing - 1.6%
Kroger Co. (The) (a)		323,400		6,658,806
Food Products- 1.4%
Cadbury Schweppes Spons. ADR (United Kingdom)		149,600		6,093,208
Health Care Equipment & Supplies - 1.3%
St. Jude Medical, Inc.(a)		119,200		5,578,560
Health Care Providers & Services - 2.8%
Caremark Rx, Inc.(a)		124,000		6,191,320
Wellpoint Inc. (a)		77,200		5,853,304
				12,044,624
Hotels, Restaurants and Leisure- 0.8%
Gtech Holdings		106,200		3,404,772
Independent Power Producers & Energy Traders - 1.3%
TXU, Corp.		49,400		5,576,272
Industrial Conglomerates - 3.9%
General Electric Company		339,100		11,417,497
Tyco International Ltd.		189,800		5,285,930
				16,703,427
Insurance - 3.9%
American International Group		136,900		8,482,324
Loews Corp.		86,600		8,002,706
				16,485,030
Internet & Catalog & Retail- 2.1%
eBay, Inc.(a)		212,700		8,763,240
Internet Software & Services - 2.2%
Google Inc. Cl. A (a)		29,500		9,335,570
Media - 1.1%
Viacom, Inc. Cl. B		146,632		4,840,322
Metals & Mining - 7.8%
Companhia Vale do Rio Doce ADR (Brazil)		292,300		12,820,278
Freeport-McMoRan Cooper & Gold, Inc. Cl. B		199,600		9,698,564
Newcrest Mining Ltd. ADR (Australia)		326,800		5,235,794
Phelps Dodge Corp.		42,000		5,457,060
				33,211,696
Multiline Retail - 2.2%
Federated Department Stores, Inc.		64,900		4,339,863
Target Corp.		94,800		4,922,964
				9,262,827
Multi Utilities - 1.3%
Sempra Energy		118,300		5,567,198
Office Electronics - 1.9%
Xerox Corp. (a)		604,900		8,256,885
Oil, Gas, & Consumable Fuels - 8.7%
Apache Corp.		89,470		6,729,933
EOG Resources, Inc.		91,600		6,860,840
Nexen, Inc.		221,600		10,561,456
Suncor Energy, Inc.		212,100		12,838,413
				36,990,642
Personal Products - 1.1%
Gillette Company (The)		77,800		4,527,960
Pharmaceuticals - 7.6%
Eli Lilly & Co.		125,200		6,700,704
Novartis AG ADR (Switzerland)		132,900		6,777,900
Pfizer, Inc.		264,400		6,602,068
Roche Holdings Ltd. ADR (Switzerland)		96,900		6,756,885
Sanofi Aventis ADR (France)		129,900		5,397,345
				32,234,902
Semiconductors & Semiconductor Equipment - 3.6%
Intel, Corp.		199,600		4,920,140
Marvell Technology Group Ltd. (a)		104,600		4,823,106
Texas Instruments, Inc.		169,300		5,739,270
				15,482,516
Software - 7.3%
Adobe Systems Incorporated		206,800		6,172,980
Computer Associates International, Inc.		152,354		4,236,965
Electronic Arts, Inc. (a)		90,500		5,148,545
Mercury Interactive Corp. (a)		100,100		3,963,960
Microsoft Corp.		292,800		7,533,744
Navteq Corp.(a)		80,200		4,005,990
				31,062,184
Tobacco -1.4 %
Altria Group, Inc.		83,800		6,176,898
Wireless Telecommunication Services - 1.1%
Sprint Nextel Corp.		194,688		4,629,681
TOTAL LONG-TERM INVESTMENTS (Cost: $308,544,185)			$	424,896,774
SHORT-TERM INVESTMENTS - 1.5%
MUTUAL FUND
Dryden Core Investment Fund- Taxable Money Market Series (b) (Cost: $6,425,326)		6,425,326		6,425,326
TOTAL INVESTMENTS - 101.2% (Cost: $314,969,511)			$	431,322,100
LIABILITIES IN EXCESS OF OTHER ASSETS - (1.2%)				(5,242,067	)
NET ASSETS - 100%			$	426,080,033

(a) Non-income producing security.

(b) The Prudential Investments LLC, the manager of the Account also serves as manager of the Dryden Core Investment Fund - Taxable Money Market Series.

VARIABLE CONTRACT ANNUITY 2

Notes to Schedule of Investments (Unaudited)

Securities Valuation: Securities listed on a securities exchange (other than options on securities and indices) are valued at the last sale price on such exchange on the day of valuation or, if there was no sale on such day, at the mean between the last reported bid and asked prices, or at the last bid price on such day in the absence of an asked price. Securities traded via Nasdaq are valued at the Nasdaq official closing price (“NOCP”) on the day of valuation, or if there was no NOCP, at the last sale price. Securities that are actively traded in the over-the-counter market, including listed securities for which the primary market is believed by Prudential Investments LLC (“PI or Manager”), in consultation with the subadviser; to be over-the-counter, are valued at market value using prices provided by an independent pricing agent or principal market maker.

Securities for which market quotations are not readily available, or whose values have been affected by events occurring after the close of the security’s foreign market and before the funds’ normal pricing time, are valued at fair value in accordance with the Accounts’ Committee members approved fair valuation procedures. Using fair value to price securities may result in a value that is different from a security’s most recent closing price and from the price used by other mutual funds to calculate their net asset values. When determining the fair valuation of securities some of the factors influencing the valuation include, the nature of any restrictions on disposition of the securities; assessment of the general liquidity of the securities; the issuer’s financial condition and the markets in which it does business; the cost of the investment; the size of the holding and the capitalization of issuer; the prices of any recent transactions or bids/offers for such securities or any comparable securities; any available analyst media or other reports or information deemed reliable by the investment adviser regarding the issuer or the markets or industry in which it operates.

Investments in mutual funds are valued at the net asset value as of the close of the New York Stock Exchange on the date of valuation.

Short-term securities, which mature in sixty days or less, are valued at amortized cost, which approximates market value. The amortized cost method involves valuing a security at its cost on the date of purchase and thereafter assuming a constant amortization to maturity of the difference between the principal amount due at maturity and cost. Short-term securities which mature in more than sixty days are valued at current market quotations.

The Fund invests in the Taxable Money Market Series (the “Series”), a portfolio of Dryden Core Investment Fund, pursuant to an exemptive order received from the Securities and Exchange Commission. The Series is a money market mutual fund registered under the Investment Company Act of 1940, as amended, and managed by PI.

Other information regarding each fund is available in the respective fund’s most recent Report of Shareholders. This information is available on the Securities and Exchange Commission’s website (www.sec.gov).

Item 2. Controls and Procedures

(a) It is the conclusion of the registrant’s principal executive officer and principal financial officer that the effectiveness of the registrant’s current disclosure controls and procedures (such disclosure controls and procedures having been evaluated within 90 days of the date of this filing) provide reasonable assurance that the information required to be disclosed by the registrant has been recorded, processed, summarized and reported within the time period specified in the Commission’s rules and forms and that the information required to be disclosed by the registrant has been accumulated and communicated to the registrant’s principal executive officer and principal financial officer in order to allow timely decisions regarding required disclosure.

(b) There have been no significant changes in the registrant’s internal controls or in other factors that could significantly affect these controls subsequent to the date of their evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses.

Item 3. Exhibits

Certifications pursuant to Rule 30a-2(a) under the Investment Company Act of 1940 – Attached hereto.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

(Registrant) The Prudential Variable Contract Account-2

By (Signature and Title)*	/s/    DEBORAH A. DOCS
	Deborah A. Docs
	Secretary of the Fund

Date November 28, 2005

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

By (Signature and Title)*	/s/    JUDY A. RICE
	Judy A. Rice
	President and Principal Executive Officer
Date November 28, 2005
By (Signature and Title)*	/s/    JACK BENINTENDE
	Jack Benintende
	Acting Principal Financial Officer

Date November 28, 2005

* Print the name and title of each signing officer under his or her signature.