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 |
NVIDIA
NVDA
|
+$302M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$200M |
| 3 |
iShares US Treasury Bond ETF
GOVT
|
+$72.8M |
| 4 |
Raymond James Financial
RJF
|
+$69.6M |
| 5 |
iShares Core US Aggregate Bond ETF
AGG
|
+$63.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$342M |
| 2 |
CSX Corp
CSX
|
+$102M |
| 3 |
Apple
AAPL
|
+$87.1M |
| 4 |
Microsoft
MSFT
|
+$81.5M |
| 5 |
CDW
CDW
|
+$71.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 30.53% |
| 2 | Technology | 10.62% |
| 3 | Financials | 7.32% |
| 4 | Consumer Discretionary | 4.98% |
| 5 | Industrials | 3.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
TCW Transform 500 ETF
VOTE
$1.13B
| $55.9M | 0.04% |
813,269
+70,162
| +9% | +$4.85M |
|
252
Shell
SHEL
$249B
| $55.4M | 0.04% |
884,892
-5,288
| -0.6% | -$347K |
|
253
Cincinnati Financial
CINF
$27.5B
| $55.4M | 0.04% |
385,718
-1,840
| -0.5% | -$269K |
|
254
General Dynamics
GD
$104B
| $55.3M | 0.04% |
209,923
-6,137
| -3% | -$1.77M |
|
255
Public Service Enterprise Group
PEG
$38B
| $54.9M | 0.04% |
650,295
-2,317
| -0.4% | -$205K |
|
256
McKesson
MCK
$97.2B
| $54.7M | 0.04% |
96,003
+15,356
| +19% | +$8.6M |
|
257
iShares Core S&P US Value ETF
IUSV
$27.7B
| $52.9M | 0.04% |
571,215
+7,975
| +1% | +$767K |
|
258
Truist Financial
TFC
$64.3B
| $52.3M | 0.04% |
1,205,977
-29,101
| -2% | -$1.3M |
|
259
American Tower
AMT
$81.7B
| $52.1M | 0.03% |
283,970
-8,522
| -3% | -$1.77M |
|
260
W.W. Grainger
GWW
$61.4B
| $51.9M | 0.03% |
49,199
-9,687
| -16% | -$10.9M |
|
261
iShares Global Infrastructure ETF
IGF
$10.9B
| $51.5M | 0.03% |
984,727
-56,853
| -5% | -$3.07M |
|
262
American Electric Power
AEP
$69.9B
| $51.2M | 0.03% |
555,400
-9,766
| -2% | -$945K |
|
263
Extra Space Storage
EXR
$31.7B
| $50M | 0.03% |
334,179
-7,359
| -2% | -$1.21M |
|
264
Texas Pacific Land
TPL
$27.3B
| $49.7M | 0.03% |
134,820
-1,650
| -1% | -$674K |
|
265
Teledyne Technologies
TDY
$31.7B
| $49.6M | 0.03% |
106,797
-718
| -0.7% | -$335K |
|
266
Marathon Petroleum
MPC
$91.3B
| $49.3M | 0.03% |
353,387
-11,430
| -3% | -$1.74M |
|
267
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$10.6B
| $49.3M | 0.03% |
1,650,664
+78,116
| +5% | +$2.34M |
|
268
Church & Dwight Co
CHD
$24.4B
| $49M | 0.03% |
467,676
-2,123
| -0.5% | -$224K |
|
269
Prologis
PLD
$130B
| $48.9M | 0.03% |
462,528
-16,008
| -3% | -$1.84M |
|
270
Ross Stores
ROST
$80.5B
| $48.8M | 0.03% |
322,809
-3,550
| -1% | -$522K |
|
271
iShares Gold Trust
IAU
$63.3B
| $48.3M | 0.03% |
975,030
+24,640
| +3% | +$1.24M |
|
272
Cencora
COR
$59.6B
| $48.2M | 0.03% |
214,747
-7,740
| -3% | -$1.82M |
|
273
Fortinet
FTNT
$123B
| $48M | 0.03% |
508,078
+8,389
| +2% | +$746K |
|
274
Aon
AON
$75.7B
| $47.7M | 0.03% |
132,946
-1,443
| -1% | -$531K |
|
|
NVO
275
Novo Nordisk
NVO
$196B
| $46.5M | 0.03% |
540,047
-21,491
| -4% | -$2.32M |
|
Similar funds
PNC Financial Services Group's Q4 2024 Portfolio in Review
As of Q4 2024, PNC Financial Services Group held 5,023 positions worth $150B, down 4.5% from $157B the previous quarter. Its ten largest holdings account for 46% of the portfolio.
PNC Financial Services Group's Q4 2024 filing shows 233 new, 1,817 increased, 1,924 reduced and 240 closed positions. Its largest new stake was iShares High Yield Corporate Bond BuyWrite Strategy ETF: 67,722 shares worth $2.15M. The largest sale was iShares MSCI USA Min Vol Factor ETF, an estimated $342M.
By sector, the portfolio is most concentrated in Healthcare at 31% of assets, down from 33% a quarter earlier, followed by Technology and Financials.
- PNC Financial Services Group's largest Q4 2024 buy was iShares High Yield Corporate Bond BuyWrite Strategy ETF: 67,722 shares worth $2.15M.
- PNC Financial Services Group added most to NVIDIA in Q4 2024, an estimated $302M increase.
- PNC Financial Services Group's biggest Q4 2024 reduction was iShares MSCI USA Min Vol Factor ETF, cutting an estimated $342M.
- PNC Financial Services Group fully exited Marathon Oil Corporation in Q4 2024, selling an estimated $5.23M.
- PNC Financial Services Group's ten largest holdings make up 46% of its $150B portfolio in Q4 2024.
- PNC Financial Services Group opened 233 new positions and closed 240 in Q4 2024.
- PNC Financial Services Group's portfolio value fell 4.5% quarter-over-quarter to $150B.
Based on PNC Financial Services Group's 13F filing for Q4 2024, filed 7 Feb 2025.