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 |
iShares Core S&P 500 ETF
IVV
|
+$177M |
| 2 |
iShares Core US Aggregate Bond ETF
AGG
|
+$80.7M |
| 3 |
Chevron
CVX
|
+$49M |
| 4 |
iShares Select Dividend ETF
DVY
|
+$35.2M |
| 5 |
Shell
SHEL
|
+$34.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
WisdomTree Trust WisdomTree US Quality Dividend Growth Fund
DGRW
|
+$248M |
| 2 |
Fidelity MSCI Real Estate Index ETF
FREL
|
+$105M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$98.7M |
| 4 |
Apple
AAPL
|
+$80.6M |
| 5 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$69.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 19.86% |
| 2 | Technology | 11.03% |
| 3 | Consumer Discretionary | 8.18% |
| 4 | Financials | 7.49% |
| 5 | Industrials | 4.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
D.R. Horton
DHI
$40.9B
| $55.5M | 0.05% |
744,876
-27,350
| -4% | -$2.37M |
|
252
iShares Gold Trust
IAU
$65.6B
| $55M | 0.05% |
1,493,678
+24,500
| +2% | +$875K |
|
|
SLY
253
DELISTED
SPDR S&P 600 Small Cap ETF (based on S&P SmallCap 600 Index--symbol SML)
SLY
| $54.7M | 0.05% |
584,563
+3,055
| +0.5% | +$286K |
|
254
Progressive
PGR
$125B
| $54.7M | 0.05% |
479,876
-91,501
| -16% | -$9.9M |
|
255
Sysco
SYY
$40.4B
| $53.6M | 0.05% |
656,286
+27,076
| +4% | +$2.19M |
|
256
Wabtec
WAB
$49.8B
| $53.4M | 0.05% |
555,383
-288
| -0.1% | -$26.7K |
|
257
Corteva
CTVA
$51.3B
| $53.2M | 0.05% |
925,937
-16,168
| -2% | -$826K |
|
258
Linde
LIN
$227B
| $53.2M | 0.05% |
166,475
-5,349
| -3% | -$1.65M |
|
259
Amphenol
APH
$211B
| $53.2M | 0.05% |
1,411,326
-25,878
| -2% | -$1M |
|
260
Avantor
AVTR
$8.88B
| $53M | 0.05% |
1,567,761
-182,778
| -10% | -$6.52M |
|
261
Hubbell
HUBB
$27B
| $52.6M | 0.05% |
286,122
-5,865
| -2% | -$1.1M |
|
262
Vanguard Health Care ETF
VHT
$18.3B
| $51.4M | 0.05% |
202,063
+258
| +0.1% | +$63.7K |
|
263
State Street Industrial Select Sector SPDR ETF
XLI
$33.7B
| $51.1M | 0.04% |
495,868
-85,294
| -15% | -$8.66M |
|
264
Advanced Drainage Systems
WMS
$11.4B
| $50.7M | 0.04% |
427,151
+1,431
| +0.3% | +$170K |
|
265
Dollar Tree
DLTR
$24.9B
| $50.7M | 0.04% |
316,501
+4,509
| +1% | +$638K |
|
266
Public Service Enterprise Group
PEG
$37.8B
| $50.6M | 0.04% |
723,349
+17,720
| +3% | +$1.17M |
|
267
iShares US Technology ETF
IYW
$24.8B
| $50.6M | 0.04% |
491,167
-2,831
| -0.6% | -$289K |
|
268
State Street Health Care Select Sector SPDR ETF
XLV
$42.1B
| $49.7M | 0.04% |
363,120
+25,720
| +8% | +$3.41M |
|
269
Eversource Energy
ES
$27.1B
| $49.7M | 0.04% |
563,311
-28,470
| -5% | -$2.43M |
|
270
iShares Core S&P US Value ETF
IUSV
$27.5B
| $49.6M | 0.04% |
654,305
+58,075
| +10% | +$4.35M |
|
271
iShares Intermediate Government/Credit Bond ETF
GVI
$3.77B
| $49.6M | 0.04% |
456,675
-5,879
| -1% | -$653K |
|
272
State Street Materials Select Sector SPDR ETF
XLB
$8.58B
| $49.1M | 0.04% |
1,112,954
+19,038
| +2% | +$812K |
|
273
Invesco S&P 500 Quality ETF
SPHQ
$19.7B
| $48.6M | 0.04% |
974,510
-6,680
| -0.7% | -$337K |
|
274
Aon
AON
$76.2B
| $48.4M | 0.04% |
148,685
-23,777
| -14% | -$6.92M |
|
275
iShares ESG Aware MSCI EAFE ETF
ESGD
$12.2B
| $47.7M | 0.04% |
646,890
+57,876
| +10% | +$4.36M |
|
Similar funds
PNC Financial Services Group's Q1 2022 Portfolio in Review
As of Q1 2022, PNC Financial Services Group held 4,896 positions worth $114B, down 5.7% from $121B the previous quarter. Its ten largest holdings account for 35% of the portfolio.
PNC Financial Services Group's Q1 2022 filing shows 285 new, 1,796 increased, 1,653 reduced and 207 closed positions. Its largest new stake was Shell: 643,716 shares worth $35.4M. The largest sale was WisdomTree Trust WisdomTree US Quality Dividend Growth Fund, an estimated $248M.
By sector, the portfolio is most concentrated in Healthcare at 20% of assets, up from 18% a quarter earlier, followed by Technology and Consumer Discretionary.
- PNC Financial Services Group's largest Q1 2022 buy was Shell: 643,716 shares worth $35.4M.
- PNC Financial Services Group added most to iShares Core S&P 500 ETF in Q1 2022, an estimated $177M increase.
- PNC Financial Services Group's biggest Q1 2022 reduction was WisdomTree Trust WisdomTree US Quality Dividend Growth Fund, cutting an estimated $248M.
- PNC Financial Services Group fully exited Royal Dutch Shell PLC ADS Class A in Q1 2022, selling an estimated $21M.
- PNC Financial Services Group's ten largest holdings make up 35% of its $114B portfolio in Q1 2022.
- PNC Financial Services Group opened 285 new positions and closed 207 in Q1 2022.
- PNC Financial Services Group's portfolio value fell 5.7% quarter-over-quarter to $114B.
Based on PNC Financial Services Group's 13F filing for Q1 2022, filed 12 May 2022.