SEC Filing Summary: Prudential Financial Inc. (13F-HR)
Business Context and Reporting Period
This Form 13F-HR is a quarterly report filed by Prudential Financial, Inc., an institutional investment manager, covering the period ended December 31, 2002. The report was signed on February 7, 2003, by Ellen McGlynn Koke, Vice President. The filing discloses equity securities over which Prudential exercises sole or shared investment discretion. The report includes holdings managed by Prudential Financial, Inc., as well as two other included managers: Prudential Investment Management, Inc. and Prudential Investment Management Services, LLC.
Key Financial Metrics
As a 13F filing, this document reports portfolio holdings rather than the operating financial results (revenue, profit, cash flow) of Prudential Financial itself. The key metrics provided relate to the reported investment portfolio:
- Total Portfolio Value: $21,104,223,000.00
- Total Number of Holdings: 2,293
- Number of Included Managers: 2
- Top Holdings by Value (Selected):
- General Electric Co: $18,952,196,000
- Microsoft Corp: $11,256,557,000
- Exxon Mobil Corp: $13,255,999,000
- Wal-Mart Stores Inc: $8,673,024,000
- Verizon Communications: $6,391,106,000
- Johnson & Johnson: $6,723,368,000
Note: Revenue, profit, margins, debt, and liquidity figures for Prudential Financial Inc. are not contained in this filing type.
Material Changes vs. Prior Period
The filing text provided does not contain comparative data for the prior quarter (September 30, 2002). Consequently, material changes in holdings, additions, or deletions cannot be calculated from this document alone.
Guidance, Outlook, and Risks
This filing is a statutory disclosure of holdings and does not contain management commentary, forward-looking guidance, risk factors, or contingency plans regarding Prudential Financial's business operations. The filing represents a snapshot of the portfolio composition at the end of the reporting period.
Investor Verification Checklist
- Verify the total portfolio value of approximately $21.1 billion against Prudential's broader 10-K or 10-Q filings for context on asset allocation.
- Confirm the specific breakdown of holdings between the primary manager and the two included subsidiaries (Prudential Investment Management, Inc. and Prudential Investment Management Services, LLC).
- Review the top 10 holdings to assess concentration risk within the reported portfolio.
- Note that this filing excludes non-equity assets (bonds, derivatives, cash) and does not reflect the company's own insurance or banking liabilities.