PGIM Quantitative Solutions

What PGIM Quantitative Solutions does

PGIM Quantitative Solutions is a U.S.-based asset management firm and business unit of Prudential Financial, Inc. (NYSE: PRU), operating under the PGIM brand with primary offices in Newark, NJ. Founded in 1975 and employing between 251 and 500 investment professionals, the firm manages a suite of U.S. mutual funds including the Large-Cap Core Fund (PTEZX), Mid-Cap Value Fund (SPVZX), Balanced Fund, and a multi-vintage Target Date Fund series (PDDFX) spanning Income through 2070 vintages.

The firm's investment process is systematic and quantitative, employing a bottom-up methodology that utilizes value, growth, and quality factors to construct equity portfolios and manage risk. Funds reported strong relative performance across multiple strategies in Q4 2025, including the Large-Cap Core Fund returning 16.82% year-to-date and the Mid-Cap Value Fund outperforming its Russell Mid-Cap Value Index benchmark via overweight positions in machinery and electrical equipment stocks positioned for AI data center infrastructure spending. The Balanced Fund outperformed its blended index through tactical asset allocation, and the Target Date Fund series delivered positive quarterly returns across all vintages.

PGIM Quantitative Solutions generates revenue through investment management fees on assets under management across its mutual fund lineup. Distribution occurs through two primary channels: PGIM's institutional platform for enterprise investors (pension funds, endowments, foundations) and third-party brokerage and financial advisor platforms for retail investors accessing Target Date and other funds in retirement and brokerage accounts. The firm is led by a new Chairperson and CEO following the 2025 departure of Linda Gibson, who had served from 2021 to 2025.

Name

PGIM Quantitative Solutions

Legal name

PGIM Quantitative Solutions

Website

https://pgimquantitativesolutions.com

Company type

Private

Founded year

1975

Operating status

Operating

Headcount range

251–500 employees

Short description

PGIM Quantitative Solutions is a U.S.-based asset management firm and business unit of Prudential Financial that manages systematic, factor-based mutual funds for institutional and retail investors, including Large-Cap Core, Mid-Cap Value, Balanced, and Target Date strategies.

Ownership category

akta.pro rank

Product category

Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Open-End Investment Funds (525910), Portfolio Management and Investment Advice (52394), Open-End Investment Funds (52591)

SIC

Investment Advice (6282), Finance Services (6199)

akta.pro primary industry

Target-Risk / Risk-Managed Allocation Funds (FSAAAEAG)

Keywords

• Quantitative asset management
• Factor-based investing
• Mutual fund management
• Systematic equity strategies
• Institutional investment management

Headquarters

HQ city

Newark

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Investment Management Fees: PGIM Quantitative Solutions generates revenue through management fees charged on mutual fund assets under management, including Large-Cap Core Fund (PTEZX), Mid-Cap Value Fund (SPVZX), Balanced Fund, and Target Date Funds.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels2 records

Core offering

PGIM Quantitative Solutions manages a suite of U.S. equity mutual funds—including the Large-Cap Core Fund (PTEZX), Mid-Cap Value Fund (SPVZX), Balanced Fund, and Target Date Funds (PDDFX)—using a quantitative, bottom-up investment process that systematically applies value, growth, and quality factors to construct portfolios and manage risk. The firm generates revenue through investment management fees on these fund assets under management, distributing through the PGIM mutual fund platform and external brokerage/advisor channels.

Product overview

PGIM Quantitative Solutions is an asset management firm offering a suite of mutual funds utilizing quantitative investment strategies. The product portfolio includes the Large-Cap Core Fund (PTEZX), Mid-Cap Value Fund (SPVZX), Balanced Fund, and Target Date Funds (PDDFX). These funds employ quantitative, bottom-up investment processes utilizing value, growth, and quality factors to navigate market volatility and deliver relative performance across various market segments.

Differentiator

Problem solved

Functional benefit

Brands

• PGIM Quant Solutions Large-Cap Core Fund: A mutual fund (ticker: PTEZX) employing quantitative, bottom-up investment process utilizing value, growth, and quality factors.
• PGIM Quant Solutions Mid-Cap Value Fund
• PGIM Balanced Fund
• PGIM Target Date Funds

Products and services

• PGIM Quant Solutions Large-Cap Core Fund (PTEZX) A large-cap core equity mutual fund (ticker: PTEZX) employing a quantitative, bottom-up investment process utilizing value, growth, and quality factors to navigate market volatility and deliver strong relative performance across U.S. strategies.
• PGIM Quant Solutions Mid-Cap Value Fund (SPVZX) A mid-cap value equity mutual fund (ticker: SPVZX) focused on mid-cap value stocks that significantly outperformed its benchmark, the Russell Mid-Cap Value Index, in Q4 2025, driven by overweight positions in machinery and electrical equipment stocks benefiting from AI data center infrastructure spending.
• PGIM Balanced Fund A balanced mutual fund that combines equity and fixed income investments and outperformed its blended index in Q4 2025, driven by positive asset allocation decisions including underweight to fixed income and overweight to domestic large-cap equities.
• PGIM Target Date Funds (PDDFX) A suite of target date mutual funds (ticker: PDDFX) with varying maturity dates ranging from Income Fund to 2070 Fund that delivered positive returns in Q4 2025, designed for retirement planning and long-term wealth accumulation through professionally managed, time-horizon-based asset allocation.

Quantifiable outcome

• Large-Cap Core Fund returned 16.82% YTD 2025, with strong relative performance over trailing five-year period
• +2 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators3 records

Recent moves4 records

Expansion highlights3 records

Direct peers

• WisdomTree Investments: WisdomTree is a factor-focused asset manager whose ETFs are explicitly built around value, quality, and small-cap exposures — a pure-play overlap with PGIM Quant's systematic factor equity approach.
• Dimensional Fund Advisors: Dimensional is a global asset manager built on systematic, factor-based (value, size, profitability) equity investing offered through mutual funds and separate accounts — the closest functional analog to PGIM Quant's multi-factor mutual fund suite.
• Parametric Portfolio Associates: Parametric provides systematic, rules-based portfolio management and factor strategies to institutional and intermediary clients, making it a direct operational peer in customized quant equity management.
• American Century Investments: American Century runs multi-factor quantitative equity mutual funds and target-date products for retail and institutional investors, overlapping directly with PGIM Quant's factor-based fund lineup.
• AQR Capital Management: AQR runs quantitative equity strategies that explicitly harvest value, momentum, quality, and other factors, competing for the same factor-aware institutional and intermediary mandates as PGIM Quantitative Solutions.

Broad incumbents

• State Street Global Advisors: State Street runs a large factor ETF franchise (e.g., SPDR MSCI USA Value/Quality) and a multi-manager target-date suite under SSGA, competing head-to-head with PGIM Quant across U.S. equity factors and target-date.
• Invesco: Invesco distributes factor-tilted ETFs (e.g., S&P 500 Quality, MSCI USA Value) and runs a quantitative equity capability, serving the same advisor-led retail and institutional buyers as PGIM Quant.
• BlackRock: BlackRock's iShares platform dominates factor ETF distribution and its active equity arm runs systematic multi-factor funds (e.g., BlackRock Systematic), competing for the same retail and institutional advisor wallet.
• Goldman Sachs Asset Management: Goldman Sachs Asset Management runs systematic active equity (e.g., GQG Partners, GS Quantitative Equity Strategies) alongside a broad mutual fund lineup, making it an incumbent competitor for factor-driven institutional mandates.
• Vanguard: Vanguard offers a broad mutual fund and ETF platform that includes factor-driven strategies (e.g., Value, Growth, Quality ETFs) and target-date suites, directly overlapping with PGIM Quant's product set at scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/PGIM_Quant

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about PGIM Quantitative Solutions