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 |
Fidelity MSCI Real Estate Index ETF
FREL
|
+$233M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$204M |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$119M |
| 4 |
Intel
INTC
|
+$95M |
| 5 |
iShares Core MSCI EAFE ETF
IEFA
|
+$80.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Blackrock
BLK
|
+$17.1B |
| 2 |
Schwab US REIT ETF
SCHH
|
+$179M |
| 3 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$94.5M |
| 4 |
Waste Management
WM
|
+$86.6M |
| 5 |
RTN
Raytheon Company
RTN
|
+$67.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 12.03% |
| 2 | Consumer Discretionary | 11.38% |
| 3 | Healthcare | 8.84% |
| 4 | Financials | 8.61% |
| 5 | Consumer Staples | 5.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2701
The GEO Group
GEO
$4.04B
| $51K | ﹤0.01% |
4,340
-1,570
| -27% | -$19.2K |
|
|
OPI
2702
DELISTED
Office Properties Income Trust
OPI
| $51K | ﹤0.01% |
1,941
-1,992
| -51% | -$51.8K |
|
2703
PBF Energy
PBF
$7.31B
| $51K | ﹤0.01% |
4,937
+296
| +6% | +$2.96K |
|
2704
Tompkins Financial
TMP
$1.42B
| $51K | ﹤0.01% |
791
-815
| -51% | -$53.2K |
|
2705
Urban Edge Properties
UE
$2.73B
| $51K | ﹤0.01% |
4,312
+636
| +17% | +$6.38K |
|
2706
America's Car Mart
CRMT
$26.9M
| $50K | ﹤0.01% |
570
-4,286
| -88% | -$313K |
|
2707
Golub Capital BDC
GBDC
$3.42B
| $50K | ﹤0.01% |
4,324
-91
| -2% | -$1.02K |
|
2708
InMode
INMD
$880M
| $50K | ﹤0.01% |
+3,600
| New | +$48.1K |
|
2709
Nomad Foods
NOMD
$1.68B
| $50K | ﹤0.01% |
2,300
+1,437
| +167% | +$30K |
|
2710
PDF Solutions
PDFS
$2.07B
| $50K | ﹤0.01% |
2,505
-117
| -4% | -$1.9K |
|
2711
Peoples Bancorp of North Carolina
PEBK
$229M
| $50K | ﹤0.01% |
2,794
| – | – |
|
2712
Transocean
RIG
$5.82B
| $50K | ﹤0.01% |
27,850
+2,069
| +8% | +$3.21K |
|
2713
Red Rock Resorts
RRR
$3.62B
| $50K | ﹤0.01% |
4,472
+3,076
| +220% | +$34.8K |
|
2714
Sasol
SSL
$7.1B
| $50K | ﹤0.01% |
6,359
-3,935
| -38% | -$21.5K |
|
|
ATSG
2715
DELISTED
Air Transport Services Group
ATSG
| $50K | ﹤0.01% |
2,254
-1
| -0% | -$21 |
|
|
RPT
2716
DELISTED
RPT Realty Common Shares of Beneficial Interest (MD)
RPT
| $50K | ﹤0.01% |
7,130
+161
| +2% | +$1.02K |
|
|
UBA
2717
DELISTED
Urstadt Biddle Properties Inc. Class A
UBA
| $50K | ﹤0.01% |
4,154
-646
| -13% | -$8.31K |
|
2718
Community Health Systems
CYH
$423M
| $49K | ﹤0.01% |
16,444
+6,452
| +65% | +$20.7K |
|
|
NBH
2719
Neuberger Municipal Fund Inc
NBH
$304M
| $49K | ﹤0.01% |
3,550
| – | – |
|
2720
Cloudflare
NET
$107B
| $49K | ﹤0.01% |
+1,383
| New | +$38.6K |
|
2721
Red Robin
RRGB
$152M
| $49K | ﹤0.01% |
4,833
+150
| +3% | +$1.89K |
|
|
TUP
2722
DELISTED
Tupperware Brands Corporation
TUP
| $49K | ﹤0.01% |
10,415
-10,759
| -51% | -$35.8K |
|
|
CVLY
2723
DELISTED
Codorus Valley Bancorp Inc
CVLY
| $49K | ﹤0.01% |
3,550
| – | – |
|
2724
Compañía de Minas Buenaventura
BVN
$8.67B
| $48K | ﹤0.01% |
5,321
+139
| +3% | +$1.12K |
|
2725
Caleres
CAL
$487M
| $48K | ﹤0.01% |
5,846
+4,185
| +252% | +$29.3K |
|
Similar funds
PNC Financial Services Group's Q2 2020 Portfolio in Review
As of Q2 2020, PNC Financial Services Group held 4,207 positions worth $75.2B, down 5.4% from $79.5B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
PNC Financial Services Group withdrew a net $17.5B in Q2 2020, closing 198 positions and reducing 1,806 holdings. Its most notable exit was Raytheon Company, an estimated $67.3M position sold in full.
By sector, the portfolio is most concentrated in Technology at 12% of assets, up from 8.7% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, PNC Financial Services Group opened a new position in Fidelity MSCI Real Estate Index ETF worth $242M.
- PNC Financial Services Group's largest Q2 2020 buy was Fidelity MSCI Real Estate Index ETF: 10,344,502 shares worth $242M.
- PNC Financial Services Group added most to Invesco QQQ Trust in Q2 2020, an estimated $204M increase.
- PNC Financial Services Group's biggest Q2 2020 reduction was Blackrock, cutting an estimated $17.1B.
- PNC Financial Services Group fully exited Raytheon Company in Q2 2020, selling an estimated $67.3M.
- PNC Financial Services Group's ten largest holdings make up 26% of its $75.2B portfolio in Q2 2020.
- PNC Financial Services Group opened 202 new positions and closed 198 in Q2 2020.
- PNC Financial Services Group's portfolio value fell 5.4% quarter-over-quarter to $75.2B.
Based on PNC Financial Services Group's 13F filing for Q2 2020, filed 7 Aug 2020.