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 |
M&T Bank
MTB
|
+$111M |
| 2 |
Progressive
PGR
|
+$95.1M |
| 3 |
Broadcom
AVGO
|
+$76.2M |
| 4 |
BP
BP
|
+$66.8M |
| 5 |
Bank of America
BAC
|
+$62.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares TIPS Bond ETF
TIP
|
+$199M |
| 2 |
Apple
AAPL
|
+$140M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$132M |
| 4 |
iShares S&P 500 Growth ETF
IVW
|
+$106M |
| 5 |
McCormick & Company Non-Voting
MKC
|
+$98.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 22.28% |
| 2 | Consumer Discretionary | 15.8% |
| 3 | Technology | 7.26% |
| 4 | Healthcare | 6.84% |
| 5 | Industrials | 5.25% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
Marathon Petroleum
MPC
$92.4B
| $46.1M | 0.05% |
770,111
+16,675
| +2% | +$1.05M |
|
252
iShares MBS ETF
MBB
$38.9B
| $45.7M | 0.05% |
429,676
+34,573
| +9% | +$3.64M |
|
253
Dorman Products
DORM
$3.98B
| $44.7M | 0.04% |
507,263
+66,451
| +15% | +$5.78M |
|
|
CELG
254
DELISTED
Celgene Corp
CELG
| $44.6M | 0.04% |
472,941
-6,768
| -1% | -$592K |
|
255
Lam Research
LRCX
$367B
| $44M | 0.04% |
2,458,840
-223,070
| -8% | -$3.72M |
|
256
Netflix
NFLX
$299B
| $43.7M | 0.04% |
1,224,470
+57,440
| +5% | +$1.99M |
|
257
iShares US Real Estate ETF
IYR
$4.66B
| $43.5M | 0.04% |
500,247
+1,237
| +0.2% | +$102K |
|
258
State Street Financial Select Sector SPDR ETF
XLF
$56.7B
| $43.3M | 0.04% |
1,685,619
-261,283
| -13% | -$6.74M |
|
259
Deere & Co
DE
$160B
| $43.3M | 0.04% |
270,701
+1,921
| +0.7% | +$307K |
|
260
Huntington Bancshares
HBAN
$34.4B
| $43.2M | 0.04% |
3,407,763
+45,459
| +1% | +$611K |
|
261
Marriott International
MAR
$98.3B
| $43.1M | 0.04% |
344,738
-11,644
| -3% | -$1.37M |
|
262
Wabtec
WAB
$49.1B
| $43M | 0.04% |
583,910
+61,873
| +12% | +$4.46M |
|
263
Zimmer Biomet
ZBH
$18.2B
| $42.6M | 0.04% |
343,225
-4,979
| -1% | -$566K |
|
|
264
McCormick & Company Non-Voting
MKC
$13.7B
| $41.9M | 0.04% |
556,726
-1,458,594
| -72% | -$98.4M |
|
265
State Street
STT
$50.6B
| $41.8M | 0.04% |
635,245
-31,279
| -5% | -$2.17M |
|
266
ePlus
PLUS
$2.42B
| $41.7M | 0.04% |
941,894
-59,842
| -6% | -$2.49M |
|
267
Consolidated Edison
ED
$40.1B
| $41.1M | 0.04% |
484,242
-8,875
| -2% | -$709K |
|
268
Dollar Tree
DLTR
$24.4B
| $41M | 0.04% |
390,579
-23,103
| -6% | -$2.27M |
|
269
Valero Energy
VLO
$90.1B
| $40.4M | 0.04% |
475,915
-33,976
| -7% | -$2.81M |
|
270
Madison Square Garden
MSGS
$9.48B
| $40.1M | 0.04% |
191,955
-13,688
| -7% | -$2.78M |
|
271
Vanguard Consumer Discretionary ETF
VCR
$6.15B
| $39.8M | 0.04% |
231,131
-5,455
| -2% | -$900K |
|
272
LyondellBasell Industries
LYB
$20B
| $39.7M | 0.04% |
471,929
-33,531
| -7% | -$2.9M |
|
273
TC Energy
TRP
$70.2B
| $39.4M | 0.04% |
876,136
+17,798
| +2% | +$765K |
|
274
Fox Factory Holding Corp
FOXF
$755M
| $39.3M | 0.04% |
562,547
-196,040
| -26% | -$12.4M |
|
275
Novartis
NVS
$297B
| $39.3M | 0.04% |
456,321
-11,728
| -3% | -$942K |
|
Similar funds
PNC Financial Services Group's Q1 2019 Portfolio in Review
As of Q1 2019, PNC Financial Services Group held 4,311 positions worth $99.9B, up 11% from $89.8B the previous quarter. Its ten largest holdings account for 38% of the portfolio.
PNC Financial Services Group's Q1 2019 filing shows 169 new, 1,634 increased, 1,606 reduced and 169 closed positions. Its largest new stake was MGM Growth Properties LLC Class A common shares representing limited liability company interests: 234,986 shares worth $7.58M. The largest sale was iShares TIPS Bond ETF, an estimated $199M.
By sector, the portfolio is most concentrated in Financials at 22% of assets, down from 23% a quarter earlier, followed by Consumer Discretionary and Technology.
- PNC Financial Services Group's largest Q1 2019 buy was MGM Growth Properties LLC Class A common shares representing limited liability company interests: 234,986 shares worth $7.58M.
- PNC Financial Services Group added most to M&T Bank in Q1 2019, an estimated $111M increase.
- PNC Financial Services Group's biggest Q1 2019 reduction was iShares TIPS Bond ETF, cutting an estimated $199M.
- PNC Financial Services Group fully exited Twenty-First Century Fox, Inc. Class B in Q1 2019, selling an estimated $17.5M.
- PNC Financial Services Group's ten largest holdings make up 38% of its $99.9B portfolio in Q1 2019.
- PNC Financial Services Group opened 169 new positions and closed 169 in Q1 2019.
- PNC Financial Services Group's portfolio value rose 11% quarter-over-quarter to $99.9B.
Based on PNC Financial Services Group's 13F filing for Q1 2019, filed 10 May 2019.