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 |
WisdomTree Trust WisdomTree US Quality Dividend Growth Fund
DGRW
|
+$213M |
| 2 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$139M |
| 3 |
iShares MSCI Intl Quality Factor ETF
IQLT
|
+$103M |
| 4 |
iShares US Treasury Bond ETF
GOVT
|
+$99.7M |
| 5 |
iShares Core S&P 500 ETF
IVV
|
+$83.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$171M |
| 2 |
Apple
AAPL
|
+$76.9M |
| 3 |
Coca-Cola
KO
|
+$76.3M |
| 4 |
Union Pacific
UNP
|
+$68.7M |
| 5 |
Invesco QQQ Trust
QQQ
|
+$59.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 29.4% |
| 2 | Technology | 9.75% |
| 3 | Financials | 6.55% |
| 4 | Consumer Discretionary | 4.97% |
| 5 | Consumer Staples | 3.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
276
Eastman Chemical
EMN
$8.37B
| $39.6M | 0.03% |
515,983
-11,798
| -2% | -$979K |
|
277
iShares Core MSCI International Developed Markets ETF
IDEV
$32.4B
| $38.7M | 0.03% |
664,425
+48,197
| +8% | +$2.92M |
|
278
State Street Financial Select Sector SPDR ETF
XLF
$58.8B
| $38.7M | 0.03% |
1,166,503
-105,376
| -8% | -$3.63M |
|
279
Public Service Enterprise Group
PEG
$37.4B
| $38M | 0.03% |
667,329
+147
| +0% | +$9.03K |
|
280
McKesson
MCK
$99.6B
| $37.3M | 0.03% |
85,726
-632
| -0.7% | -$266K |
|
281
JPMorgan Equity Premium Income ETF
JEPI
$45.9B
| $37.2M | 0.03% |
695,121
+58,689
| +9% | +$3.23M |
|
282
Aon
AON
$76.2B
| $37.1M | 0.03% |
114,533
-303
| -0.3% | -$100K |
|
283
Yum! Brands
YUM
$41.7B
| $37M | 0.03% |
296,286
-8,617
| -3% | -$1.13M |
|
284
Salesforce
CRM
$158B
| $36.8M | 0.03% |
181,619
+3,638
| +2% | +$786K |
|
285
Enterprise Products Partners
EPD
$81.2B
| $36.8M | 0.03% |
1,343,388
+5,766
| +0.4% | +$154K |
|
286
Nasdaq
NDAQ
$53.2B
| $36.4M | 0.03% |
749,030
-80,682
| -10% | -$4.09M |
|
287
O'Reilly Automotive
ORLY
$76.2B
| $36.3M | 0.03% |
599,310
+59,145
| +11% | +$3.71M |
|
288
State Street Industrial Select Sector SPDR ETF
XLI
$34B
| $36.3M | 0.03% |
357,987
+17,792
| +5% | +$1.9M |
|
289
Southern Company
SO
$106B
| $36.1M | 0.03% |
558,262
-12,562
| -2% | -$872K |
|
290
Marriott International
MAR
$93.6B
| $36M | 0.03% |
183,153
-7,640
| -4% | -$1.52M |
|
291
Medtronic
MDT
$109B
| $36M | 0.03% |
459,126
-18,951
| -4% | -$1.59M |
|
292
Constellation Brands
STZ
$22.4B
| $35.6M | 0.03% |
141,823
-1,252
| -0.9% | -$327K |
|
293
Dover
DOV
$28.5B
| $35.4M | 0.03% |
254,067
-11,298
| -4% | -$1.63M |
|
294
Elevance Health
ELV
$84.9B
| $34.9M | 0.03% |
80,072
+6,517
| +9% | +$2.96M |
|
295
iShares US Real Estate ETF
IYR
$4.65B
| $34M | 0.03% |
435,619
-9,778
| -2% | -$833K |
|
296
iShares Gold Trust
IAU
$66B
| $33.3M | 0.03% |
952,832
-13,714
| -1% | -$500K |
|
297
iShares MBS ETF
MBB
$39.1B
| $33.1M | 0.03% |
372,751
+5,309
| +1% | +$485K |
|
298
Sherwin-Williams
SHW
$89B
| $33M | 0.03% |
129,295
-1,869
| -1% | -$500K |
|
|
PXD
299
DELISTED
Pioneer Natural Resource Co.
PXD
| $32.4M | 0.03% |
141,258
+7,433
| +6% | +$1.69M |
|
300
PACCAR
PCAR
$70.8B
| $32.3M | 0.03% |
379,395
-7,854
| -2% | -$668K |
|
Similar funds
PNC Financial Services Group's Q3 2023 Portfolio in Review
As of Q3 2023, PNC Financial Services Group held 4,862 positions worth $117B, down 0.47% from $117B the previous quarter. Its ten largest holdings account for 43% of the portfolio.
PNC Financial Services Group's Q3 2023 filing shows 175 new, 1,456 increased, 2,126 reduced and 251 closed positions. Its largest new stake was JPMorgan Sustainable Municipal Income ETF: 206,038 shares worth $9.91M. The largest sale was iShares MSCI USA Quality Factor ETF, an estimated $171M.
By sector, the portfolio is most concentrated in Healthcare at 29% of assets, up from 27% a quarter earlier, followed by Technology and Financials.
- PNC Financial Services Group's largest Q3 2023 buy was JPMorgan Sustainable Municipal Income ETF: 206,038 shares worth $9.91M.
- PNC Financial Services Group added most to WisdomTree Trust WisdomTree US Quality Dividend Growth Fund in Q3 2023, an estimated $213M increase.
- PNC Financial Services Group's biggest Q3 2023 reduction was iShares MSCI USA Quality Factor ETF, cutting an estimated $171M.
- PNC Financial Services Group fully exited Magellan Midstream Partners, L.P. in Q3 2023, selling an estimated $10.8M.
- PNC Financial Services Group's ten largest holdings make up 43% of its $117B portfolio in Q3 2023.
- PNC Financial Services Group opened 175 new positions and closed 251 in Q3 2023.
- PNC Financial Services Group's portfolio value fell 0.47% quarter-over-quarter to $117B.
Based on PNC Financial Services Group's 13F filing for Q3 2023, filed 13 Nov 2023.