PNC Financial Services Group Portfolio holdings
PNC Financial Services Group, Inc., tracing its roots to 1852 through the merger of Pittsburgh National and Provident National in 1983, is a major U.S. bank headquartered in Pittsburgh, Pennsylvania, offering retail banking, corporate banking, and asset management services across 28 states and Washington, D.C. Managing over $560 billion in assets as of late 2024, PNC serves millions of customers through its extensive network of branches and ATMs, bolstered by its 2021 acquisition of BBVA USA, which expanded its footprint into the Southeast and Southwest. Known for its conservative banking approach and strong community focus, PNC provides wealth management via PNC Private Bank and institutional services, including one of the nation’s largest treasury management operations, under CEO William S. Demchak since 2013. With a legacy tied to steel-era Pittsburgh and a modern emphasis on digital banking and sustainability, PNC ranks among the top U.S. banks by assets and market presence.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Global X Artificial Intelligence & Technology ETF
AIQ
|
+$576M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$211M |
| 3 |
Invesco China Technology ETF
CQQQ
|
+$186M |
| 4 |
iShares Core MSCI International Developed Markets ETF
IDEV
|
+$141M |
| 5 |
iShares US Treasury Bond ETF
GOVT
|
+$108M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
WisdomTree Trust WisdomTree US Quality Dividend Growth Fund
DGRW
|
+$307M |
| 2 |
iShares MSCI Intl Quality Factor ETF
IQLT
|
+$185M |
| 3 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$61M |
| 4 |
Microsoft
MSFT
|
+$58.2M |
| 5 |
iShares Core Dividend Growth ETF
DGRO
|
+$55.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 33.71% |
| 2 | Technology | 10.41% |
| 3 | Financials | 6.38% |
| 4 | Consumer Discretionary | 3.97% |
| 5 | Industrials | 3.33% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Eli Lilly
LLY
$1.04T
| $55.2B | 30.13% |
51,333,220
-30,969
| -0.1% | -$29.6M |
|
|
2
iShares Core S&P 500 ETF
IVV
$898B
| $10.8B | 5.9% |
15,763,521
+310,464
| +2% | +$211M |
|
3
Apple
AAPL
$4.54T
| $5.19B | 2.83% |
19,086,315
-146,787
| -0.8% | -$39.4M |
|
|
4
Microsoft
MSFT
$3.62T
| $4.42B | 2.42% |
9,145,243
-116,139
| -1% | -$58.2M |
|
5
State Street SPDR S&P 500 ETF Trust
SPY
$819B
| $2.77B | 1.51% |
4,065,809
+16,409
| +0.4% | +$11.1M |
|
6
Alphabet (Google) Class A
GOOGL
$4.43T
| $2.75B | 1.5% |
8,792,990
-128,824
| -1% | -$36.8M |
|
7
JPMorgan Chase
JPM
$955B
| $2.17B | 1.19% |
6,744,967
-104,241
| -2% | -$32.3M |
|
8
NVIDIA
NVDA
$5.31T
| $1.99B | 1.09% |
10,693,548
+37,589
| +0.4% | +$7M |
|
9
Invesco QQQ Trust
QQQ
$480B
| $1.87B | 1.02% |
3,036,463
-34,558
| -1% | -$21.2M |
|
10
Broadcom
AVGO
$1.99T
| $1.62B | 0.89% |
4,682,560
-111,510
| -2% | -$39.9M |
|
11
Amazon
AMZN
$2.94T
| $1.55B | 0.85% |
6,713,440
+35,003
| +0.5% | +$8.01M |
|
12
iShares Core MSCI EAFE ETF
IEFA
$194B
| $1.5B | 0.82% |
16,742,550
+379,750
| +2% | +$33.6M |
|
13
iShares Russell 1000 Growth ETF
IWF
$127B
| $1.45B | 0.79% |
12,259,568
-182,392
| -1% | -$21.6M |
|
14
Erie Indemnity
ERIE
$13.1B
| $1.41B | 0.77% |
4,910,351
-211
| -0% | -$63K |
|
15
VF Corp
VFC
$5.98B
| $1.35B | 0.73% |
74,398,593
-269,453
| -0.4% | -$4.37M |
|
|
16
iShares MSCI USA Quality Factor ETF
QUAL
$47.7B
| $1.28B | 0.7% |
6,445,591
-310,262
| -5% | -$61M |
|
17
ExxonMobil
XOM
$628B
| $1.25B | 0.68% |
10,419,471
-262,161
| -2% | -$30.4M |
|
18
Johnson & Johnson
JNJ
$621B
| $1.24B | 0.68% |
5,985,190
-149,997
| -2% | -$29.7M |
|
|
19
iShares US Treasury Bond ETF
GOVT
$43.7B
| $1.22B | 0.67% |
52,947,846
+4,679,313
| +10% | +$108M |
|
20
iShares Russell Mid-Cap ETF
IWR
$57B
| $1.2B | 0.66% |
12,497,707
-249,773
| -2% | -$24M |
|
|
21
Global X Artificial Intelligence & Technology ETF
AIQ
$10.8B
| $1.19B | 0.65% |
23,314,197
+11,329,519
| +95% | +$576M |
|
22
Procter & Gamble
PG
$342B
| $1.13B | 0.61% |
7,855,792
-230,596
| -3% | -$34M |
|
23
Vanguard Morningstar Growth ETF
VUG
$230B
| $1.12B | 0.61% |
13,719,258
-251,280
| -2% | -$20.4M |
|
|
24
WisdomTree Trust WisdomTree US Quality Dividend Growth Fund
DGRW
$17.2B
| $1.1B | 0.6% |
12,308,471
-3,447,104
| -22% | -$307M |
|
25
Home Depot
HD
$352B
| $1.09B | 0.59% |
3,156,888
-59,091
| -2% | -$21.6M |
|
Similar funds
PNC Financial Services Group's Q4 2025 Portfolio in Review
As of Q4 2025, PNC Financial Services Group held 5,368 positions worth $183B, up 11% from $165B the previous quarter. Its ten largest holdings account for 48% of the portfolio.
PNC Financial Services Group's Q4 2025 filing shows 285 new, 2,017 increased, 2,148 reduced and 212 closed positions. Its largest new stake was Qnity Electronics Inc: 329,602 shares worth $26.9M. The largest sale was WisdomTree Trust WisdomTree US Quality Dividend Growth Fund, an estimated $307M.
By sector, the portfolio is most concentrated in Healthcare at 34% of assets, up from 28% a quarter earlier, followed by Technology and Financials.
- PNC Financial Services Group's largest Q4 2025 buy was Qnity Electronics Inc: 329,602 shares worth $26.9M.
- PNC Financial Services Group added most to Global X Artificial Intelligence & Technology ETF in Q4 2025, an estimated $576M increase.
- PNC Financial Services Group's biggest Q4 2025 reduction was WisdomTree Trust WisdomTree US Quality Dividend Growth Fund, cutting an estimated $307M.
- PNC Financial Services Group fully exited Kellanova in Q4 2025, selling an estimated $6.52M.
- PNC Financial Services Group's ten largest holdings make up 48% of its $183B portfolio in Q4 2025.
- PNC Financial Services Group opened 285 new positions and closed 212 in Q4 2025.
- PNC Financial Services Group's portfolio value rose 11% quarter-over-quarter to $183B.
Based on PNC Financial Services Group's 13F filing for Q4 2025, filed 6 Feb 2026.