Business Context and Reporting Period
This filing is a Form 13F-HR submitted by Prudential Financial Inc, an institutional investment manager, for the quarter ended September 30, 2017. The report was signed on November 2, 2017, by Richard Baker, Second Vice President. This is a combination report, meaning it covers a portion of the manager's holdings, with other portions reported by separate 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 investment portfolio managed by Prudential Financial Inc:
- Total Portfolio Value: $60,472,667,000 (reported in thousands).
- Total Number of Holdings: 3,649 entries.
- Reporting Scope: Includes holdings for 5 other included managers in addition to the primary filer.
Material Changes and Portfolio Composition
The filing text does not provide comparative data against the prior period (June 30, 2017) to determine material changes in holdings or value. The report lists the following other managers included in this filing:
- Jennison Associates LLC
- Russell Investments Group, Ltd.
- Quantitative Management Associates LLC
- Prudential Trust Co
- PGIM, Inc.
- Prudential Financial Securities Investment Trust Enterprise
- Prudential Gibraltar Financial Life Insurance Co., Ltd.
Guidance, Outlook, and Risks
This filing type does not contain management commentary, forward-looking guidance, risk factors, or contingency disclosures regarding the company's business operations. It is a regulatory disclosure of long-only equity securities held at the end of the quarter.
Key Facts for Investor Verification
- Verify the total portfolio value of approximately $60.5 billion represents only the long-only equity positions required by Form 13F, excluding derivatives, short positions, or fixed income.
- Confirm that the 3,649 holdings listed are aggregated across multiple sub-managers (e.g., PGIM, Prudential Trust Co) as indicated in the "List of Other Included Managers."
- Note that this report does not reflect Prudential Financial Inc's own corporate earnings, debt levels, or liquidity position.