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 7-10 Year Treasury Bond ETF
IEF
|
+$940M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$96.4M |
| 3 |
Coca-Cola
KO
|
+$82.8M |
| 4 |
Fox Class A
FOXA
|
+$69.9M |
| 5 |
Lockheed Martin
LMT
|
+$54.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
WisdomTree Trust WisdomTree US Quality Dividend Growth Fund
DGRW
|
+$483M |
| 2 |
Dover
DOV
|
+$72.8M |
| 3 |
Apple
AAPL
|
+$49.5M |
| 4 |
Quanta Services
PWR
|
+$48.5M |
| 5 |
Emerson Electric
EMR
|
+$46.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 23.85% |
| 2 | Technology | 9.82% |
| 3 | Consumer Discretionary | 7.34% |
| 4 | Financials | 7.03% |
| 5 | Consumer Staples | 4.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
Hubbell
HUBB
$25B
| $48.4M | 0.05% |
271,059
-15,063
| -5% | -$2.84M |
|
252
Corteva
CTVA
$52.6B
| $48.4M | 0.05% |
894,019
-31,918
| -3% | -$1.85M |
|
|
SLY
253
DELISTED
SPDR S&P 600 Small Cap ETF (based on S&P SmallCap 600 Index--symbol SML)
SLY
| $47.8M | 0.05% |
597,375
+12,812
| +2% | +$1.11M |
|
254
Carrier Global
CARR
$51B
| $47.6M | 0.05% |
1,333,633
-43,526
| -3% | -$1.71M |
|
255
Dollar Tree
DLTR
$24.4B
| $47M | 0.05% |
301,734
-14,767
| -5% | -$2.34M |
|
256
Linde
LIN
$221B
| $47M | 0.05% |
163,493
-2,982
| -2% | -$932K |
|
257
Wabtec
WAB
$49.1B
| $45.6M | 0.04% |
555,603
+220
| +0% | +$19.6K |
|
258
Amphenol
APH
$198B
| $45.6M | 0.04% |
1,416,242
+4,916
| +0.3% | +$171K |
|
259
iShares Core S&P US Value ETF
IUSV
$27.2B
| $45.3M | 0.04% |
677,450
+23,145
| +4% | +$1.66M |
|
260
Eastman Chemical
EMN
$8B
| $44.9M | 0.04% |
499,955
+159,950
| +47% | +$16.6M |
|
261
PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
HYS
$1.75B
| $44.5M | 0.04% |
502,948
+79,820
| +19% | +$7.38M |
|
262
Schwab Short-Term US Treasury ETF
SCHO
$12.8B
| $44.5M | 0.04% |
1,809,512
+82,442
| +5% | +$2.03M |
|
263
Dollar General
DG
$28B
| $44.1M | 0.04% |
179,813
-17,044
| -9% | -$3.98M |
|
264
iShares MSCI ACWI ETF
ACWI
$32.5B
| $42.8M | 0.04% |
510,586
-193,915
| -28% | -$17.6M |
|
265
Otis Worldwide
OTIS
$27.4B
| $42.2M | 0.04% |
597,631
-6,393
| -1% | -$471K |
|
266
Invesco S&P 500 Quality ETF
SPHQ
$19.4B
| $42.2M | 0.04% |
1,005,077
+30,567
| +3% | +$1.4M |
|
267
Teledyne Technologies
TDY
$30.4B
| $42M | 0.04% |
111,911
-12,177
| -10% | -$5.08M |
|
268
iShares ESG Aware MSCI EAFE ETF
ESGD
$12B
| $41.5M | 0.04% |
661,501
+14,611
| +2% | +$997K |
|
269
L3Harris
LHX
$51.6B
| $41.5M | 0.04% |
171,545
+10,528
| +7% | +$2.54M |
|
270
Crown Holdings
CCK
$12.8B
| $40.8M | 0.04% |
442,221
-15,573
| -3% | -$1.66M |
|
271
Southern Company
SO
$109B
| $40.7M | 0.04% |
570,708
-15,891
| -3% | -$1.17M |
|
272
TJX Companies
TJX
$174B
| $40.4M | 0.04% |
723,475
-26,110
| -3% | -$1.58M |
|
273
Cencora
COR
$60.6B
| $40.2M | 0.04% |
284,068
-186,715
| -40% | -$28.6M |
|
|
EPWR.WS
274
DELISTED
Empowerment & Inclusion Capital I Corp. Redeemable warrants, each whole warrant exercisable for one share of Class A common stock, each at an exercise price of $11.50 per share
EPWR.WS
| $40M | 0.04% |
4,062,450
| – | – |
|
275
Applied Materials
AMAT
$403B
| $39.9M | 0.04% |
438,943
-9,992
| -2% | -$1.1M |
|
Similar funds
PNC Financial Services Group's Q2 2022 Portfolio in Review
As of Q2 2022, PNC Financial Services Group held 4,924 positions worth $102B, down 11% from $114B the previous quarter. Its ten largest holdings account for 37% of the portfolio.
PNC Financial Services Group's Q2 2022 filing shows 234 new, 1,666 increased, 1,903 reduced and 330 closed positions. Its largest new stake was iShares Core MSCI International Developed Markets ETF: 723,806 shares worth $38.9M. The largest sale was WisdomTree Trust WisdomTree US Quality Dividend Growth Fund, an estimated $483M.
By sector, the portfolio is most concentrated in Healthcare at 24% of assets, up from 20% a quarter earlier, followed by Technology and Consumer Discretionary.
- PNC Financial Services Group's largest Q2 2022 buy was iShares Core MSCI International Developed Markets ETF: 723,806 shares worth $38.9M.
- PNC Financial Services Group added most to iShares 7-10 Year Treasury Bond ETF in Q2 2022, an estimated $940M increase.
- PNC Financial Services Group's biggest Q2 2022 reduction was WisdomTree Trust WisdomTree US Quality Dividend Growth Fund, cutting an estimated $483M.
- PNC Financial Services Group fully exited Cerner Corp in Q2 2022, selling an estimated $7.5M.
- PNC Financial Services Group's ten largest holdings make up 37% of its $102B portfolio in Q2 2022.
- PNC Financial Services Group opened 234 new positions and closed 330 in Q2 2022.
- PNC Financial Services Group's portfolio value fell 11% quarter-over-quarter to $102B.
Based on PNC Financial Services Group's 13F filing for Q2 2022, filed 12 Aug 2022.