PRUDENTIAL FINL INC PRU
COM · Common Stock · CUSIP 744320102 · ISIN US7443201022
American life insurance company
- SectorFinancials
- IndustryLife Insurance
- HeadquartersNewark, NJ
- Founded1875
- Websiteprudential.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($46.2m this quarter). Holder counts are more reliable. Shares outstanding: 357.0m as of 2024-07-31, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $117.12. Options: 43 managers hold calls ($648.0m notional), 46 hold puts ($1.1bn).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 1,123 |
| Q4 2022 | 1,221 |
| Q1 2023 | 1,149 |
| Q2 2023 | 1,149 |
| Q3 2023 | 1,161 |
| Q4 2023 | 1,234 |
| Q1 2024 | 1,262 |
| Q2 2024 | 1,301 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 540 | 470 |
| Q1 2023 | 540 | 520 |
| Q2 2023 | 499 | 520 |
| Q3 2023 | 514 | 504 |
| Q4 2023 | 477 | 548 |
| Q1 2024 | 565 | 527 |
| Q2 2024 | 584 | 547 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $590.9m | $683.1m | 1.16 |
| Q4 2023 | $716.3m | $878.3m | 1.23 |
| Q1 2024 | $660.2m | $1.1bn | 1.59 |
| Q2 2024 | $648.0m | $1.1bn | 1.64 |
Biggest buyers
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +695.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +606.3k |
| AMERIPRISE FINANCIAL INC | Added | +542.8k |
| ROYAL BANK OF CANADA | Added | +511.6k |
| AQR CAPITAL MANAGEMENT LLC | Added | +357.3k |
| Invesco Ltd. | Added | +356.8k |
| BESSEMER GROUP INC | Added | +351.2k |
| Woodline Partners LP | New | +328.1k |
| BlackRock Inc. | Added | +257.6k |
| JANE STREET GROUP, LLC | Added | +220.1k |
Biggest sellers
| MORGAN STANLEY | Reduced | -12.9m |
| JPMORGAN CHASE & CO | Reduced | -973.0k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Sold out | -546.4k |
| CITADEL ADVISORS LLC | Reduced | -434.1k |
| NORGES BANK | Reduced | -237.3k |
| Qube Research & Technologies Ltd | Reduced | -199.3k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -177.9k |
| Balyasny Asset Management L.P. | Reduced | -170.9k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. | Reduced | -164.7k |
| MARSHALL WACE, LLP | Reduced | -150.2k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $108.5m926.1k shares |
| Assenagon Asset Management S.A. | Unchanged | $79.7m680.0k shares |
| BANK OF AMERICA CORP /DE/ | Reduced | $51.0m435.6k shares |
| CITADEL ADVISORS LLC | Reduced | $48.9m417.1k shares |
| Balyasny Asset Management L.P. | Added | $38.1m325.0k shares |
| JPMORGAN CHASE & CO | Added | $37.1m317.0k shares |
| CITIGROUP INC | Reduced | $31.2m266.6k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $29.4m251.3k shares |
| BNP PARIBAS FINANCIAL MARKETS | Added | $29.4m2.5k shares |
| UBS Group AG | Reduced | $25.0m213.7k shares |
Biggest puts
| Assenagon Asset Management S.A. | Added | $228.5m1.9m shares |
| BNP PARIBAS FINANCIAL MARKETS | Added | $185.0m15.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $98.5m840.4k shares |
| CITADEL ADVISORS LLC | Reduced | $93.0m793.7k shares |
| CITIGROUP INC | Reduced | $49.1m418.9k shares |
| UBS Group AG | Reduced | $47.3m403.5k shares |
| BANK OF AMERICA CORP /DE/ | Added | $46.6m397.4k shares |
| JANE STREET GROUP, LLC | Added | $45.4m387.5k shares |
| JPMORGAN CHASE & CO | Added | $35.6m303.8k shares |
| WOLVERINE TRADING, LLC | Added | $29.3m250.1k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 7.5% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q2 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2022 | 0 | — | 0 | — | — |
| Q4 2022 | 0 | — | 4 | $2.0m | — |
| Q1 2023 | 0 | — | 1 | $1.6m | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 2 | $3.2m | — |
| Q1 2024 | 0 | — | 6 | $13.8m | — |
| Q2 2024 | 1 | $14.4k | 2 | $16.0m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-06-13 | Feeney Caroline Executive Vice President | Bought | $14.4k125 shares |
| 2024-05-13 | FALZON ROBERT EVP and Vice Chairman | Sold | $15.4m130.1k shares |
| 2024-05-08 | SCHMIDT TIMOTHY L Senior Vice President | Sold | $604.9k5.2k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.09% of their portfolio | 41.6m $4.9bn | Reduced -75.2k |
| BlackRock Inc. 0.08% of their portfolio | 31.4m $3.7bn | Added +257.6k |
| STATE STREET CORP 0.09% of their portfolio | 17.0m $2.0bn | Added +153.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.09% of their portfolio | 8.3m $972.6m | Reduced -23.5k |
| MORGAN STANLEY 0.06% of their portfolio | 6.3m $741.2m | Reduced -12.9m |
| DIMENSIONAL FUND ADVISORS LP 0.13% of their portfolio | 4.2m $493.0m | Reduced -15.4k |
| NORTHERN TRUST CORP 0.08% of their portfolio | 3.9m $460.3m | Reduced -42.0k |
| Invesco Ltd. 0.09% of their portfolio | 3.5m $408.7m | Added +356.8k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.10% of their portfolio | 3.0m $352.8m | Added +695.0k |
| GOLDMAN SACHS GROUP INC 0.07% of their portfolio | 2.9m $335.1m | Added +35.6k |
| Legal & General Group Plc 0.09% of their portfolio | 2.8m $332.8m | Added +206.7k |
| NIPPON LIFE INSURANCE CO 13.18% of their portfolio | 2.6m $300.0m | Unchanged |
| Bank of New York Mellon Corp 0.06% of their portfolio | 2.5m $297.0m | Reduced -56.4k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 2.4m $281.6m | Reduced -973.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.05% of their portfolio | 2.4m $280.3m | Added +14.2k |
| BANK OF AMERICA CORP /DE/ 0.02% of their portfolio | 2.0m $239.1m | Added +36.7k |
| Nuveen Asset Management, LLC 0.06% of their portfolio | 1.7m $202.3m | Added +20.1k |
| AMERIPRISE FINANCIAL INC 0.05% of their portfolio | 1.5m $178.8m | Added +542.8k |
| Amundi 0.06% of their portfolio | 1.4m $166.8m | Added +63.0k |
| Mariner, LLC 0.32% of their portfolio | 1.4m $163.3m | Added +63.9k |
| UBS Group AG 0.05% of their portfolio | 1.3m $150.6m | Reduced -42.5k |
| ROYAL BANK OF CANADA 0.04% of their portfolio | 1.3m $150.2m | Added +511.6k |
| Aberdeen Group plc 0.28% of their portfolio | 1.3m $147.6m | Added +69.5k |
| AustralianSuper Pty Ltd 0.84% of their portfolio | 1.2m $145.0m | Added +34.2k |
| FMR LLC 0.01% of their portfolio | 1.1m $128.9m | Added +20.2k |
| WELLS FARGO & COMPANY/MN 0.03% of their portfolio | 1.1m $125.7m | Reduced -19.9k |
| Swiss National Bank 0.09% of their portfolio | 1.1m $124.6m | Reduced -18.2k |
| DEUTSCHE BANK AG\ 0.05% of their portfolio | 1.0m $121.3m | Added +67.1k |
| FEDERATED HERMES, INC. 0.28% of their portfolio | 1.0m $120.2m | Added +82.6k |
| BARCLAYS PLC 0.05% of their portfolio | 957.7k $112.2m | Reduced -34.3k |
| STIFEL FINANCIAL CORP 0.12% of their portfolio | 944.4k $110.7m | Reduced -27.3k |
| ENVESTNET ASSET MANAGEMENT INC 0.04% of their portfolio | 940.2k $110.2m | Added +1.1k |
| BESSEMER GROUP INC 0.19% of their portfolio | 904.8k $106.0m | Added +351.2k |
| HSBC HOLDINGS PLC 0.07% of their portfolio | 883.0k $103.5m | Reduced -104.8k |
| ZACKS INVESTMENT MANAGEMENT 1.10% of their portfolio | 835.1k $97.9m | Added +21.3k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.09% of their portfolio | 830.7k $97.4m | Added +606.3k |
| NORGES BANK 0.01% of their portfolio | 805.1k $94.4m | Reduced -237.3k |
| Sumitomo Mitsui Trust Group, Inc. 0.07% of their portfolio | 794.6k $93.1m | Reduced -132.0k |
| AQR CAPITAL MANAGEMENT LLC 0.13% of their portfolio | 724.2k $84.9m | Added +357.3k |
| RHUMBLINE ADVISERS 0.08% of their portfolio | 721.5k $84.6m | Added +17.1k |
| Balyasny Asset Management L.P. 0.21% of their portfolio | 705.8k $82.7m | Reduced -170.9k |
| TRUIST FINANCIAL CORP 0.12% of their portfolio | 694.2k $81.4m | Reduced -12.7k |
| BANK OF MONTREAL /CAN/ 0.02% of their portfolio | 648.6k $77.4m | Reduced -94.2k |
| California Public Employees Retirement System 0.05% of their portfolio | 636.1k $74.5m | Reduced -4.5k |
| Douglas Lane & Associates, LLC 1.04% of their portfolio | 622.5k $72.9m | Reduced -112.2k |
| FIRST TRUST ADVISORS LP 0.07% of their portfolio | 618.5k $72.5m | Added +36.3k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.09% of their portfolio | 598.9k $70.2m | Added +20.5k |
| Alyeska Investment Group, L.P. 0.39% of their portfolio | 577.0k $67.6m | Added +202.6k |
| AMERICAN CENTURY COMPANIES INC 0.04% of their portfolio | 574.8k $67.4m | Added +9.7k |
| GREAT LAKES ADVISORS, LLC 0.56% of their portfolio | 534.8k $62.7m | Added +12.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.01% of their portfolio | 511.9k $60.0m | Added +13.6k |
| National Pension Service 0.07% of their portfolio | 497.2k $58.3m | Reduced -2.3k |
| LPL Financial LLC 0.03% of their portfolio | 486.1k $57.0m | Added +12.7k |
| STOREBRAND ASSET MANAGEMENT AS 0.19% of their portfolio | 480.6k $56.3m | Added +6.5k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.07% of their portfolio | 474.0k $55.5m | Added +36.9k |
| RAYMOND JAMES & ASSOCIATES 0.04% of their portfolio | 473.2k $55.5m | Reduced -13.9k |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 460.5k $54.0m | Reduced -28.2k |
| AVIVA PLC 0.14% of their portfolio | 443.9k $52.0m | Added +63.2k |
| PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio | 404.0k $47.3m | Reduced -12.6k |
| VICTORY CAPITAL MANAGEMENT INC 0.05% of their portfolio | 401.0k $47.0m | Added +62.5k |
| CANADA LIFE ASSURANCE Co 0.09% of their portfolio | 396.2k $46.5m | Added +53.5k |
| LSV ASSET MANAGEMENT 0.10% of their portfolio | 388.7k $45.6m | Reduced -17.9k |
| JANE STREET GROUP, LLC 0.05% of their portfolio | 388.0k $45.5m | Added +220.1k |
| KBC Group NV 0.14% of their portfolio | 387.5k $45.4m | Reduced -2.1k |
| NORDEA INVESTMENT MANAGEMENT AB 0.05% of their portfolio | 380.6k $45.0m | Reduced -29.6k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.09% of their portfolio | 373.2k $43.7m | Reduced -10.5k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.76% of their portfolio | 365.4k $42.8m | Added +7.2k |
| BNP PARIBAS FINANCIAL MARKETS 0.05% of their portfolio | 362.0k $42.4m | Added +62.1k |
| Bridgewater Associates, LP 0.22% of their portfolio | 359.5k $42.1m | Added +9.6k |
| Verity & Verity, LLC 2.19% of their portfolio | 335.0k $39.3m | Added +2.0k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.10% of their portfolio | 330.4k $38.7m | Reduced -61.1k |
| Woodline Partners LP 0.37% of their portfolio | 328.1k $38.4m | New |
| Brandywine Global Investment Management, LLC 0.29% of their portfolio | 328.0k $38.4m | Added +135.4k |
| Rockefeller Capital Management L.P. 0.11% of their portfolio | 319.9k $37.5m | Added +688 |
| CITIGROUP INC 0.04% of their portfolio | 315.7k $37.0m | Added +29.5k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.04% of their portfolio | 313.0k $36.7m | Reduced -10.2k |
| Assenagon Asset Management S.A. 0.09% of their portfolio | 312.9k $36.7m | Added +192.5k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.07% of their portfolio | 309.0k $36.2m | Reduced -97.3k |
| Swedbank AB 0.05% of their portfolio | 299.2k $35.1m | Reduced -6.2k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.11% of their portfolio | 298.1k $34.9m | Added +19.2k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.04% of their portfolio | 296.7k $34.8m | Reduced -45.9k |
| Gillson Capital LP 3.35% of their portfolio | 296.0k $34.7m | Reduced -62.0k |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 0.23% of their portfolio | 294.8k $34.5m | Added +19 |
| Foundry Partners, LLC 1.80% of their portfolio | 286.2k $33.5m | Reduced -89.5k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.04% of their portfolio | 279.1k $32.7m | Reduced -2.0k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.05% of their portfolio | 277.3k $32.5m | Reduced -29.3k |
| MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio | 271.4k $31.8m | Reduced -177.9k |
| Robeco Institutional Asset Management B.V. 0.07% of their portfolio | 260.9k $30.6m | Reduced -19.9k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.08% of their portfolio | 256.0k $30.0m | Added +7.6k |
| VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. 0.30% of their portfolio | 229.5k $26.9m | Reduced -8.5k |
| PINEBRIDGE INVESTMENTS, L.P. 0.21% of their portfolio | 223.1k $26.1m | Added +31.8k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.02% of their portfolio | 220.4k $25.8m | Reduced -495 |
| Korea Investment CORP 0.06% of their portfolio | 211.9k $24.8m | Reduced -18.8k |
| TD Asset Management Inc 0.02% of their portfolio | 209.4k $24.5m | Added +74.7k |
| BOKF, NA 0.43% of their portfolio | 206.3k $24.2m | Reduced -12.2k |
| Pictet Asset Management Holding SA 0.03% of their portfolio | 202.6k $23.7m | Reduced -8.1k |
| Chevy Chase Trust Holdings, LLC 0.07% of their portfolio | 196.1k $23.0m | Reduced -3.9k |
| ALPS ADVISORS INC 0.16% of their portfolio | 195.5k $22.9m | Reduced -8.3k |
| Raymond James Financial Services Advisors, Inc. 0.03% of their portfolio | 194.9k $22.8m | Reduced -18.3k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.04% of their portfolio | 189.4k $22.2m | Reduced -164.7k |