Business Context and Reporting Period
This filing is a Form 13F-HR submitted by Prudential Financial Inc, an institutional investment manager. The report covers the calendar quarter ended June 30, 2020. The filing was signed by Richard Baker, Second Vice President, on August 12, 2020. This is a combination report, meaning a portion of the holdings are reported here while other portions are reported by other managers.
Key Financial Metrics
As a Form 13F filing, this document reports equity holdings rather than the company's operational financial performance (revenue, profit, cash flow, or debt). The following metrics relate to the reported investment portfolio:
- Total Value of Reported Holdings: $51,932,652,000 (51,932,652 thousands)
- Total Number of Holdings Entries: 3,996
- Number of Other Included Managers: 6
Operational metrics such as revenue, profit margins, cash flow, and debt levels are not provided in this filing type.
Material Changes and Portfolio Composition
This filing does not provide a comparative analysis of material changes versus the prior period (March 31, 2020) within the text provided. It serves as a snapshot of holdings at the end of the reporting period. The report includes holdings managed by Prudential Financial Inc and six other associated managers, including:
- Prudential Trust Co
- PGIM, Inc.
- PGIM Securities Investment Trust Enterprise
- Prudential Gibraltar Financial Life Insurance Co., Ltd.
- Prudential Life Insurance Company, Ltd.
- QMA LLC
Guidance, Outlook, and Risks
The filing text does not contain management commentary, forward-looking guidance, outlook statements, or specific risk factors regarding the company's future performance. It is a regulatory disclosure of current equity positions. The standard SEC disclaimer notes that the Commission has not reviewed the information for accuracy or completeness.
Important Facts for Investors to Verify
- Portfolio Scope: Verify that this is a "Combination Report" and cross-reference filings from the other listed managers (e.g., JENNISON ASSOCIATES LLC, Russell Investments Group, Ltd.) to understand the full scope of Prudential's managed assets.
- Valuation Timing: Confirm that the total value of $51.9 billion reflects market prices as of June 30, 2020, which may differ from current market values.
- Exclusions: Note that this report only covers equity securities required to be reported under Section 13(f) of the Exchange Act; it does not include debt securities, derivatives, or cash positions.
- Manager Attribution: Verify which specific holdings are attributed to Prudential Financial Inc versus the six other included managers listed in the summary.