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
|
+$116M |
| 2 |
iShares US Treasury Bond ETF
GOVT
|
+$79M |
| 3 |
Atmos Energy
ATO
|
+$69.7M |
| 4 |
Marriott International
MAR
|
+$59M |
| 5 |
Hubbell
HUBB
|
+$53.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Eli Lilly
LLY
|
+$193M |
| 2 |
Kontoor Brands
KTB
|
+$118M |
| 3 |
Apple
AAPL
|
+$63.7M |
| 4 |
AbbVie
ABBV
|
+$52M |
| 5 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$50.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 32.64% |
| 2 | Technology | 9.43% |
| 3 | Financials | 6.82% |
| 4 | Consumer Discretionary | 4.55% |
| 5 | Industrials | 3.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
Dow Inc
DOW
$21.4B
| $54M | 0.04% |
931,665
-38,396
| -4% | -$2.12M |
|
252
Advanced Drainage Systems
WMS
$11.5B
| $54M | 0.04% |
313,307
-83,993
| -21% | -$12.6M |
|
253
State Street Financial Select Sector SPDR ETF
XLF
$58.6B
| $53.6M | 0.04% |
1,273,495
+129,331
| +11% | +$5.11M |
|
254
iShares ESG Aware MSCI EAFE ETF
ESGD
$12.2B
| $53.5M | 0.04% |
668,885
+39,322
| +6% | +$3.01M |
|
255
iShares Global Infrastructure ETF
IGF
$10.8B
| $53.4M | 0.04% |
1,121,392
-83,083
| -7% | -$3.82M |
|
256
Vanguard S&P 500 ETF
VOO
$1.01T
| $53.4M | 0.04% |
111,032
-9,037
| -8% | -$4.14M |
|
257
State Street Health Care Select Sector SPDR ETF
XLV
$42.3B
| $53M | 0.04% |
359,098
+6,637
| +2% | +$952K |
|
258
iShares Biotechnology ETF
IBB
$9.47B
| $52.8M | 0.04% |
384,653
-3,278
| -0.8% | -$448K |
|
259
Vanguard Health Care ETF
VHT
$18.4B
| $52.7M | 0.04% |
194,917
+4,824
| +3% | +$1.27M |
|
260
Truist Financial
TFC
$64.6B
| $52.6M | 0.04% |
1,350,062
-41,978
| -3% | -$1.54M |
|
261
Becton Dickinson
BDX
$47B
| $52.6M | 0.04% |
212,659
-4,276
| -2% | -$1.02M |
|
262
Brown-Forman Class B
BF.B
$13B
| $52.5M | 0.04% |
1,017,735
-13,807
| -1% | -$769K |
|
263
iShares Core S&P US Value ETF
IUSV
$27.6B
| $52.1M | 0.04% |
575,663
+22,411
| +4% | +$1.93M |
|
264
Ross Stores
ROST
$81.2B
| $52M | 0.04% |
354,347
-7,244
| -2% | -$1.04M |
|
265
Medtronic
MDT
$110B
| $52M | 0.04% |
596,377
+200,560
| +51% | +$17.1M |
|
266
iShares Intermediate Government/Credit Bond ETF
GVI
$3.78B
| $51.8M | 0.04% |
497,780
+29,196
| +6% | +$3.04M |
|
267
American Electric Power
AEP
$68.8B
| $50.9M | 0.04% |
591,091
-12,210
| -2% | -$993K |
|
268
Church & Dwight Co
CHD
$24.6B
| $50.9M | 0.04% |
487,717
-7,470
| -2% | -$747K |
|
269
Extra Space Storage
EXR
$31.7B
| $50M | 0.03% |
340,114
-61,143
| -15% | -$8.91M |
|
270
Cincinnati Financial
CINF
$27.3B
| $48.7M | 0.03% |
391,853
-5,531
| -1% | -$624K |
|
271
United Rentals
URI
$72.3B
| $48M | 0.03% |
66,619
-1,399
| -2% | -$898K |
|
272
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$10.7B
| $47.9M | 0.03% |
1,609,816
-101,127
| -6% | -$3.01M |
|
273
Vanguard Long-Term Bond ETF
BLV
$5.76B
| $47.7M | 0.03% |
659,215
+47,385
| +8% | +$3.42M |
|
274
Sysco
SYY
$40.3B
| $47.5M | 0.03% |
584,637
-23,431
| -4% | -$1.85M |
|
275
iShares Core MSCI International Developed Markets ETF
IDEV
$32.3B
| $47.2M | 0.03% |
703,627
+21,226
| +3% | +$1.37M |
|
Similar funds
PNC Financial Services Group's Q1 2024 Portfolio in Review
As of Q1 2024, PNC Financial Services Group held 4,893 positions worth $144B, up 13% from $127B the previous quarter. Its ten largest holdings account for 46% of the portfolio.
PNC Financial Services Group's Q1 2024 filing shows 281 new, 1,741 increased, 1,917 reduced and 198 closed positions. Its largest new stake was iShares Bitcoin Trust: 205,890 shares worth $8.33M. The largest sale was Eli Lilly, an estimated $193M.
By sector, the portfolio is most concentrated in Healthcare at 33% of assets, up from 29% a quarter earlier, followed by Technology and Financials.
- PNC Financial Services Group's largest Q1 2024 buy was iShares Bitcoin Trust: 205,890 shares worth $8.33M.
- PNC Financial Services Group added most to iShares Core S&P 500 ETF in Q1 2024, an estimated $116M increase.
- PNC Financial Services Group's biggest Q1 2024 reduction was Eli Lilly, cutting an estimated $193M.
- PNC Financial Services Group fully exited PGT, Inc. in Q1 2024, selling an estimated $7.5M.
- PNC Financial Services Group's ten largest holdings make up 46% of its $144B portfolio in Q1 2024.
- PNC Financial Services Group opened 281 new positions and closed 198 in Q1 2024.
- PNC Financial Services Group's portfolio value rose 13% quarter-over-quarter to $144B.
Based on PNC Financial Services Group's 13F filing for Q1 2024, filed 10 May 2024.