Prudential Financial INC
Reported US equity positions for Q1 2026 — $81.2B across 3,576 positions.
| Holding | Reported value | Share of portfolio | Shares |
|---|---|---|---|
| IVV iShares Core S&P 500 ETF | $5.2B | 6.3% | 7,890,999 |
| NVDA NVIDIA Corporation | $3.8B | 4.6% | 21,546,569 |
| AAPL Apple Inc. | $3.4B | 4.2% | 13,288,804 |
| DFUS Dimensional U.S. Equity Market ETF | $3.1B | 3.8% | 44,074,306 |
| MSFT Microsoft Corporation | $2.6B | 3.2% | 6,950,519 |
| PAAA PGIM AAA CLO ETF | $2.3B | 2.8% | 44,277,722 |
| AMZN Amazon.com, Inc. | $1.7B | 2.1% | 8,226,360 |
| GOOGL Alphabet Inc. | $1.6B | 1.9% | 5,425,944 |
| AVGO Broadcom Inc. | $1.3B | 1.6% | 4,301,653 |
| GOOG Alphabet Inc. - Class C Capital Stock | $1.3B | 1.6% | 4,390,041 |
| LQD iShares iBoxx $ Investment Grade Corporate Bond ETF | $1.2B | 1.4% | 10,601,426 |
| META Meta Platforms, Inc. | $1.1B | 1.4% | 2,005,754 |
| PULS PGIM Ultra Short Bond ETF | $1.1B | 1.4% | 22,447,880 |
| VOO Vanguard S&P 500 ETF | $866.0M | 1.1% | 1,449,168 |
| TSLA Tesla, Inc. | $808.6M | 1.0% | 2,175,221 |
| IWD iShares Russell 1000 Value ETF | $798.3M | 1.0% | 3,736,055 |
| XOM ExxonMobil Holdings Corporation | $710.6M | 0.9% | 4,188,636 |
| BRK.B Berkshire Hathaway Inc. | $702.7M | 0.9% | 1,466,382 |
| PHYL PGIM Active High Yield Bond ETF | $685.5M | 0.8% | 19,794,108 |
| LLY Eli Lilly and Company | $672.9M | 0.8% | 731,555 |
| JPM JP Morgan Chase & Co. | $655.0M | 0.8% | 2,226,667 |
| JNJ Johnson & Johnson | $640.7M | 0.8% | 2,621,226 |
| PLD Prologis, Inc. | $626.2M | 0.8% | 4,737,823 |
| WELL Welltower Inc. | $600.2M | 0.7% | 3,035,898 |
| PCI Pgim Etf Tr | $543.4M | 0.7% | 10,865,000 |
| VIG Vanguard Div Appreciation ETF | $535.0M | 0.7% | 2,487,625 |
| SPY State Street SPDR S&P 500 ETF Trust | $509.8M | 0.6% | 783,836 |
| PCS Pgim Etf Tr | $508.0M | 0.6% | 10,162,000 |
| IEFA iShares Core MSCI EAFE ETF | $481.4M | 0.6% | 5,317,741 |
| MA Mastercard Incorporated | $479.4M | 0.6% | 959,364 |
| DFCF Dimensional Core Fixed Income ETF | $457.0M | 0.6% | 10,824,713 |
| COST Costco Wholesale Corporation | $438.7M | 0.5% | 440,304 |
| DFAI Dimensional International Core Equity Market ETF | $438.7M | 0.5% | 11,259,602 |
| ABBV AbbVie Inc. | $391.9M | 0.5% | 1,801,832 |
| MU Micron Technology, Inc. | $385.7M | 0.5% | 1,141,811 |
| EQIX Equinix, Inc. | $384.1M | 0.5% | 391,800 |
| VNQ Vanguard Real Estate ETF | $372.2M | 0.5% | 4,196,621 |
| LRCX Lam Research Corporation | $367.7M | 0.5% | 1,720,831 |
| CAT Caterpillar, Inc. | $367.0M | 0.5% | 517,958 |
| WMT Walmart Inc. | $365.3M | 0.4% | 2,938,966 |
| CVX Chevron Corporation | $357.8M | 0.4% | 1,729,357 |
| V Visa Inc. | $330.8M | 0.4% | 1,094,401 |
| NFLX Netflix, Inc. | $330.4M | 0.4% | 3,436,009 |
| C Citigroup, Inc. | $312.9M | 0.4% | 2,759,377 |
| MS Morgan Stanley | $298.8M | 0.4% | 1,815,816 |
| SPG Simon Property Group, Inc. | $287.8M | 0.4% | 1,543,083 |
| BAC Bank of America Corporation | $287.3M | 0.4% | 5,723,803 |
| RTX RTX Corporation | $271.5M | 0.3% | 1,407,353 |
| GE GE Aerospace | $266.2M | 0.3% | 937,947 |
| AMAT Applied Materials, Inc. | $261.3M | 0.3% | 764,612 |
| AGG iShares Core U.S. Aggregate Bond ETF | $258.5M | 0.3% | 2,603,789 |
| GEV GE Vernova Inc. | $254.3M | 0.3% | 291,372 |
| WFC Wells Fargo & Company | $250.7M | 0.3% | 3,148,918 |
| PG The Procter & Gamble Company | $250.1M | 0.3% | 1,731,264 |
| IRM Iron Mountain Incorporated (Delaware)Common Stock REIT | $246.8M | 0.3% | 2,416,063 |
| COP ConocoPhillips | $242.4M | 0.3% | 1,836,134 |
| SCHW The Charles Schwab Corporation | $237.9M | 0.3% | 2,531,834 |
| MRK Merck & Company, Inc. Common Stock (new) | $236.0M | 0.3% | 1,962,332 |
| PM Philip Morris International Inc | $234.8M | 0.3% | 1,420,224 |
| AMD Advanced Micro Devices, Inc. | $232.0M | 0.3% | 1,140,300 |
Long US equity positions only, as filed. 13F does not cover short positions, cash, bonds or non-US listings, so this is not the whole portfolio.
What changed last quarter
| Holding | Change | Now | Was | Shares |
|---|---|---|---|---|
| IVV iShares Core S&P 500 ETF | Add | $5.2B | $5.2B | +3% |
| NVDA NVIDIA Corporation | Trim | $3.8B | $4.2B | -3% |
| AAPL Apple Inc. | Trim | $3.4B | $3.7B | -3% |
| MSFT Microsoft Corporation | Trim | $2.6B | $3.5B | -3% |
| PAAA PGIM AAA CLO ETF | Trim | $2.3B | $2.4B | -4% |
| AMZN Amazon.com, Inc. | Trim | $1.7B | $2.0B | -4% |
| GOOGL Alphabet Inc. | Add | $1.6B | $1.7B | +2% |
| AVGO Broadcom Inc. | Trim | $1.3B | $1.5B | -1% |
| LQD iShares iBoxx $ Investment Grade Corporate Bond ETF | Add | $1.2B | $182.9M | +539% |
| META Meta Platforms, Inc. | Trim | $1.1B | $1.4B | -3% |
| VOO Vanguard S&P 500 ETF | Add | $866.0M | $584.0M | +56% |
| TSLA Tesla, Inc. | Trim | $808.6M | $1.0B | -4% |
| IWD iShares Russell 1000 Value ETF | Add | $798.3M | $725.4M | +9% |
| XOM ExxonMobil Holdings Corporation | Trim | $710.6M | $594.6M | -15% |
| BRK.B Berkshire Hathaway Inc. | Trim | $702.7M | $763.6M | -3% |
| PHYL PGIM Active High Yield Bond ETF | Add | $685.5M | $473.0M | +48% |
| LLY Eli Lilly and Company | Trim | $672.9M | $809.5M | -3% |
| JNJ Johnson & Johnson | Add | $640.7M | $469.5M | +16% |
| PLD Prologis, Inc. | Add | $626.2M | $565.8M | +7% |
| WELL Welltower Inc. | Add | $600.2M | $543.7M | +4% |
| VIG Vanguard Div Appreciation ETF | Trim | $535.0M | $598.1M | -8% |
| PCS Pgim Etf Tr | Add | $508.0M | $180.0M | +184% |
| IEFA iShares Core MSCI EAFE ETF | Add | $481.4M | $216.6M | +121% |
| MA Mastercard Incorporated | Trim | $479.4M | $556.3M | -2% |
| DFCF Dimensional Core Fixed Income ETF | Add | $457.0M | $402.5M | +14% |
| COST Costco Wholesale Corporation | Add | $438.7M | $359.5M | +6% |
| DFAI Dimensional International Core Equity Market ETF | Trim | $438.7M | $560.0M | -23% |
| ABBV AbbVie Inc. | Add | $391.9M | $392.2M | +5% |
| MU Micron Technology, Inc. | Trim | $385.7M | $330.4M | -1% |
| EQIX Equinix, Inc. | Add | $384.1M | $275.8M | +9% |
| VNQ Vanguard Real Estate ETF | Trim | $372.2M | $433.0M | -14% |
| LRCX Lam Research Corporation | Trim | $367.7M | $301.2M | -2% |
| WMT Walmart Inc. | Trim | $365.3M | $331.1M | -1% |
| V Visa Inc. | Trim | $330.8M | $445.9M | -14% |
| NFLX Netflix, Inc. | Trim | $330.4M | $331.8M | -3% |
| C Citigroup, Inc. | Add | $312.9M | $285.8M | +13% |
| MS Morgan Stanley | Add | $298.8M | $308.8M | +4% |
| SPG Simon Property Group, Inc. | Add | $287.8M | $259.4M | +10% |
| BAC Bank of America Corporation | Trim | $287.3M | $249.4M | -7% |
| RTX RTX Corporation | Add | $271.5M | $199.2M | +30% |
New and exited positions are only shown for managers whose entire filed portfolio fits inside the positions stored here. For a manager filing more than that, a holding leaving the stored set is indistinguishable from a holding being sold, so those are reported as adds and trims only.
What a 13F is
Any institutional manager exercising discretion over more than $100 million in US-listed equities must file a Form 13F with the SEC within 45 days of each quarter end, listing what they held on the last day of that quarter. The threshold was set in 1975 and has never been raised, so the filer population now runs to several thousand.
The four things it does not tell you
- It is stale. A filing describes positions as of quarter end and can arrive 45 days later. A manager who sold everything in week one of the new quarter files the same document as one who held.
- Long US equities only. No short positions, no cash, no bonds, no commodities, no foreign listings. A fund that looks heavily long in a 13F may be hedged in instruments that never appear.
- Not the whole firm. Assets are reported by the entity with discretion, so one manager can file under several CIKs, and the figure here is what that entity reported.
- Confidential treatment exists. A manager can apply to delay disclosing a position while building it. Those holdings appear later, if at all.
Why the biggest filers are not the interesting ones
The largest managers by reported value are index providers — they hold nearly everything, in proportion to the indices they track, because clients asked them to. Reading their filings for conviction is a category error. The filings worth attention are concentrated ones, where a small number of positions make up most of the portfolio, since that reflects a decision rather than a mandate.
The share-of-portfolio column is the one to read for this. A position that is 15% of a fund says something; the same dollar amount at 0.2% of an index tracker does not.
Where this comes from
The SEC's own quarterly Form 13F structured data sets, parsed here rather than bought from a vendor. Holdings are identified in the filings by CUSIP, and the mapping from CUSIP to ticker is the awkward part — that identifier is licensed rather than public, so the mapping is resolved through OpenFIGI and built up over time. Around 95% of reported value currently sits on a resolved ticker; the rest shows its CUSIP.
The rest of the section is on the Markets overview — including insider transactions, which are the same idea at the individual level, and the correlation finder, where each ticker's page carries its institutional ownership.