PGIM Jennison Small Company Fund
Schedule of Investments (unaudited) as of June 30, 2026
Description       Shares Value
Long-Term Investments 97.3%
Common Stocks 
Aerospace & Defense 2.6%
Hexcel Corp.       415,038  $41,528,702
Karman Holdings, Inc.*       121,973 6,088,892
Mercury Systems, Inc.*(a)       65,443 8,005,642
VSE Corp.       154,691 35,346,894
          90,970,130
Automobile Components 1.3%
Dorman Products, Inc.*       330,876 45,148,030
Banks 7.5%
Ameris Bancorp       382,592 34,532,754
East West Bancorp, Inc.       398,169 51,399,636
Eastern Bankshares, Inc.       2,666,834 59,310,388
Heritage Financial Corp.       1,571,419 46,545,431
Renasant Corp.       414,596 17,636,914
Wintrust Financial Corp.       323,371 51,972,187
          261,397,310
Beverages 0.4%
Celsius Holdings, Inc.*       445,574 13,046,407
Biotechnology 7.3%
Arcutis Biotherapeutics, Inc.*       1,386,237 36,347,134
Cabaletta Bio, Inc.*       2,696,273 8,385,409
CG oncology, Inc.*       116,641 8,287,343
Dianthus Therapeutics, Inc.*       239,278 23,324,820
Immunovant, Inc.*       981,541 37,818,775
Palvella Therapeutics, Inc.*       202,900 31,007,178
Protagonist Therapeutics, Inc.*       326,359 40,005,086
Roivant Sciences Ltd.*       865,201 30,619,463
Scholar Rock Holding Corp.*       684,717 37,659,435
          253,454,643
Building Products 1.4%
Griffon Corp.       141,728 13,822,732
Hayward Holdings, Inc.*       1,542,324 26,697,628
Madison Air Solutions Corp. (Class A Stock)*(a)       250,942 9,786,738
          50,307,098
Capital Markets 2.0%
Acadian Asset Management, Inc.       573,245 40,998,482
Houlihan Lokey, Inc.       58,614 7,861,896
Marex Group PLC (Bermuda)       111,609 6,802,568
Moelis & Co. (Class A Stock)       238,316 15,590,633
          71,253,579
Chemicals 2.6%
Avient Corp.       755,602 27,927,050
Element Solutions, Inc.       1,296,530 61,909,307
          89,836,357
Consumer Finance 0.5%
LendingTree, Inc.*       391,659 17,346,577
1
PGIM Jennison Small Company Fund

PGIM Jennison Small Company Fund
Schedule of Investments (unaudited) (continued)
as of June 30, 2026
Description       Shares Value
Common Stocks (Continued)
Consumer Staples Distribution & Retail 0.5%
Performance Food Group Co.*       147,413  $16,479,299
Containers & Packaging 0.5%
Crown Holdings, Inc.       158,279 17,698,758
Electric Utilities 1.3%
IDACORP, Inc.       305,955 46,290,991
Electrical Equipment 3.7%
Allient, Inc.       91,024 9,369,100
Dpc Holdings Ltd. (United Kingdom)*       125,615 6,162,672
Generac Holdings, Inc.*       150,059 43,938,776
Innio NV (Germany)*(a)       157,431 6,226,396
Regal Rexnord Corp.       268,734 64,009,752
          129,706,696
Electronic Equipment, Instruments & Components 2.3%
Bel Fuse, Inc. (Class B Stock)       111,375 37,092,330
Benchmark Electronics, Inc.       92,766 9,153,221
Cognex Corp.       112,025 8,112,851
TTM Technologies, Inc.*       146,153 27,333,534
          81,691,936
Energy Equipment & Services 2.8%
Cactus, Inc. (Class A Stock)       579,866 29,706,535
Expro Group Holdings NV*       1,457,744 21,530,879
Solaris Energy Infrastructure, Inc.       570,128 45,872,499
          97,109,913
Entertainment 0.6%
Sphere Entertainment Co.*       124,510 21,543,965
Financial Services 1.0%
Flywire Corp.*       1,963,559 34,499,732
Food Products 0.6%
Freshpet, Inc.*       325,851 19,264,311
Ground Transportation 0.5%
Saia, Inc.*       39,491 16,632,030
Health Care Equipment & Supplies 0.8%
Glaukos Corp.*       187,932 26,265,376
Health Care Providers & Services 3.9%
Concentra Group Holdings Parent, Inc.       1,284,808 38,223,038
Encompass Health Corp.       209,211 21,147,048
Guardant Health, Inc.*       64,477 9,673,484
Guardian Pharmacy Services, Inc. (Class A Stock)*       173,377 7,259,295
LifeStance Health Group, Inc.*       4,856,204 52,009,945
Sonida Senior Living, Inc.*       170,729 6,965,743
          135,278,553
Hotel & Resort REITs 1.0%
Summit Hotel Properties, Inc. (a)       4,967,542 34,822,469
2

PGIM Jennison Small Company Fund
Schedule of Investments (unaudited) (continued)
as of June 30, 2026
Description       Shares Value
Common Stocks (Continued)
Hotels, Restaurants & Leisure 1.9%
Aramark       506,382  $28,813,136
Churchill Downs, Inc.       366,580 32,860,231
Domino’s Pizza, Inc.       16,696 4,942,684
          66,616,051
Household Durables 1.0%
Toll Brothers, Inc.       209,536 34,521,056
Insurance 5.0%
Axis Capital Holdings Ltd.       427,199 45,898,261
Exzeo Group, Inc.*       235,628 3,975,044
Lincoln National Corp.       1,041,634 36,821,762
Markel Group, Inc.*       32,547 63,564,616
RenaissanceRe Holdings Ltd. (Bermuda)       78,293 24,811,052
          175,070,735
IT Services 0.4%
Quantinuum, Inc. (Class A Stock)*(a)       169,242 13,833,841
Life Sciences Tools & Services 0.7%
Illumina, Inc.*       68,400 12,026,772
Sotera Health Co.*       627,375 11,135,906
          23,162,678
Machinery 6.3%
Enerpac Tool Group Corp.       150,800 5,407,688
Gates Industrial Corp. PLC*       1,585,954 44,359,133
Helios Technologies, Inc.       403,812 36,040,221
Nordson Corp.       137,604 41,513,751
RBC Bearings, Inc.*       54,393 35,032,356
Terex Corp.       318,982 23,091,107
Trinity Industries, Inc.       1,002,267 34,658,393
          220,102,649
Marine Transportation 1.1%
Kirby Corp.*       293,178 39,863,413
Metals & Mining 2.4%
Eldorado Gold Corp. (Turkey)(a)       1,374,674 42,738,615
ERO Copper Corp. (Brazil)*       1,580,508 42,202,600
          84,941,215
Mortgage Real Estate Investment Trusts (REITs) 0.7%
Ladder Capital Corp.       2,495,250 24,827,738
Multi-Utilities 1.9%
NiSource, Inc.       1,377,941 65,521,095
Office REITs 1.0%
Cousins Properties, Inc.       1,196,913 35,883,452
Oil, Gas & Consumable Fuels 2.7%
Chord Energy Corp.       69,470 7,940,421
Crescent Energy Co. (Class A Stock)       3,100,735 30,449,218
3
PGIM Jennison Small Company Fund

PGIM Jennison Small Company Fund
Schedule of Investments (unaudited) (continued)
as of June 30, 2026
Description       Shares Value
Common Stocks (Continued)
Oil, Gas & Consumable Fuels (cont’d.)
Gulfport Energy Corp.*       202,415  $34,349,826
Permian Resources Corp. (Class A Stock)       1,125,435 20,719,258
          93,458,723
Pharmaceuticals 1.7%
Elanco Animal Health, Inc.*       961,856 23,671,276
Tarsus Pharmaceuticals, Inc.*       408,226 25,693,745
VeraDermics, Inc.*(a)       86,815 10,673,036
          60,038,057
Professional Services 0.9%
First Advantage Corp.*       372,770 6,728,498
Huron Consulting Group, Inc.*       185,000 16,679,600
Korn Ferry       99,512 6,625,509
          30,033,607
Retail REITs 1.2%
Urban Edge Properties       1,865,201 42,675,799
Semiconductors & Semiconductor Equipment 8.3%
Lattice Semiconductor Corp.*       275,823 42,189,886
MACOM Technology Solutions Holdings, Inc.*       174,254 66,280,994
Onto Innovation, Inc.*       262,098 99,190,988
PDF Solutions, Inc.*       281,825 19,950,392
Rigetti Computing, Inc.*(a)       260,068 5,024,514
Semtech Corp.*       101,051 16,355,104
Tower Semiconductor Ltd. (Israel)*       148,179 38,621,374
          287,613,252
Software 4.6%
Agilysys, Inc.*       121,703 12,717,964
Appfolio, Inc. (Class A Stock)*       139,810 22,418,533
AvePoint, Inc.*       670,949 7,521,338
Cipher Digital, Inc.*       780,747 19,128,302
HubSpot, Inc.*       41,637 7,599,169
I3 Verticals, Inc. (Class A Stock)*       296,558 6,334,479
Intapp, Inc.*       551,043 13,891,794
JFrog Ltd.*       145,775 13,248,032
Q2 Holdings, Inc.*       249,451 11,998,593
Terawulf, Inc.*(a)       1,868,053 46,140,909
          160,999,113
Specialized REITs 1.4%
Gaming & Leisure Properties, Inc.       1,083,894 48,265,800
Specialty Retail 2.1%
Boot Barn Holdings, Inc.*       99,534 16,350,450
Burlington Stores, Inc.*       85,720 27,156,096
Five Below, Inc.*       115,926 20,842,336
Warby Parker, Inc. (Class A Stock)*       245,926 7,461,395
          71,810,277
Technology Hardware, Storage & Peripherals 0.2%
IonQ, Inc.*(a)       102,190 5,442,639
4

PGIM Jennison Small Company Fund
Schedule of Investments (unaudited) (continued)
as of June 30, 2026
Description       Shares Value
Common Stocks (Continued)
Textiles, Apparel & Luxury Goods 3.2%
Kontoor Brands, Inc.       609,180  $50,769,061
On Holding AG (Switzerland) (Class A Stock)*       484,747 17,169,739
Ralph Lauren Corp.       104,999 42,147,649
          110,086,449
Trading Companies & Distributors 3.5%
Rush Enterprises, Inc. (Class A Stock)       685,886 50,059,389
WESCO International, Inc.       207,339 71,621,111
          121,680,500
     
 
 
Total Long-Term Investments
(cost $2,322,196,719)
3,386,492,299
 
Short-Term Investments 4.7%
Affiliated Mutual Funds 
PGIM Core Government Money Market Fund (7-day effective yield 3.793%)(wb)     85,402,372 85,402,372
PGIM Institutional Money Market Fund (7-day effective yield 3.846%)
(cost $79,518,711; includes $79,277,071 of cash collateral for securities on loan)(b)(wb)
    79,577,817 79,522,112
     
 
 
Total Short-Term Investments
(cost $164,921,083)
164,924,484
 
TOTAL INVESTMENTS102.0%
(cost $2,487,117,802)
        3,551,416,783
Liabilities in excess of other assets (2.0)% (69,854,524)
 
Net Assets 100.0% $3,481,562,259

Below is a list of the abbreviation(s) used in the quarterly schedule of portfolio holdings:
    
   
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 $79,041,915; cash collateral of $79,277,071 (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).
5
PGIM Jennison Small Company Fund