AST Small-Cap Equity Portfolio
Actively managed U.S. stock fund
As of its 2026 Q2 report, AST Small-Cap Equity Portfolio held 1,901 positions with $2.11B in net assets. Its ten largest holdings made up 37.5% of the fund. The fund costs 0.97% a year. Over the 12 months to May 2026, it returned 29.5%, with dividends reinvested. In 2026 Q2 it added 60 new positions and exited 75.
The investment objective of the Portfolio is to seek long-term capital growth.
The fund invests at least 80% of assets in equity securities of small-capitalization companies, generally those with market capitalizations no larger than the largest company in the Russell 2000 Index. Day-to-day investment decisions are delegated to five subadvisers—Boston Partners Global Investors, Dimensional Fund Advisors, Driehaus Capital Management, Hotchkis and Wiley Capital Management, and TimesSquare Capital Management—whose allocations are determined by the Manager's Strategic Investment Research Group based on market conditions and risk analysis. The fund may hold up to 15% of assets in foreign securities. Because the size threshold for small-cap companies shifts with market conditions, the fund's holdings and focus will change accordingly.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
PRUDENTIAL INVESTMENT PORTFOLIOS 9 | 29.54% | $624.14M | — | — |
ISHARES TRUST | 2.06% | $43.44M | 144.6K | $300.45 |
(PIPA070) PGIM Core Government Money Market Fund | 1.33% | $28.08M | — | — |
CREDO TECHNOLOGY GROUP HOLDING LTD | 0.81% | $17.20M | 63.2K | $271.95 |
0.76% | $15.99M | 42.3K | $378.45 | |
SITMSITIME CORP | 0.70% | $14.83M | 19.9K | $745.56 |
JFROG LTD | 0.58% | $12.36M | 136.0K | $90.88 |
0.57% | $12.10M | 306.1K | $39.54 | |
0.57% | $12.08M | 288.5K | $41.87 | |
0.54% | $11.42M | 189.3K | $60.36 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
The 200 largest of 1,901 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 98.92% |
| Cash & short-term | 24.10% |
Look-through blends 3 underlying funds; 0.669% of NAV was not looked through and stays direct-classified. The blend is as of 2025Q4, one or more quarters before the direct holdings (2026Q2).
By sector
- Cash
- 23.9%
- Industrials
- 15.3%
- Financials
- 13.0%
- Health Care
- 11.5%
- 11 other sectors
- 36.3%
- Cash
- 23.9%
- Industrials
- 15.3%
- Financials
- 13.0%
- Health Care
- 11.5%
- Information Technology
- 10.3%
- Consumer Discretionary
- 8.0%
- International
- 4.0%
- Energy
- 3.9%
- Other
- 2.8%
- Materials
- 2.0%
- Consumer Staples
- 2.0%
- Communication Services
- 1.2%
- Utilities
- 1.1%
- Real Estate
- 0.7%
- Government
- 0.1%
How it has done
C000005188 share class · total returns with dividends reinvested
Volatility over the last 12 months: 13.27%. Past returns are a record, not a forecast.
Jun 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Fees & fund details
AST Small-Cap Equity Portfolio is an actively managed U.S. equity fund. 28% of AST Small-Cap Equity Portfolio’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 83% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Expense ratio, by class
- 0.97%
- Portfolio turnover
- 62.00% a year · as of 2026 Q2
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
60 new· the largest 8
75 exited· the largest 8
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