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 |
Truist Financial
TFC
|
+$157M |
| 2 |
iShares Core MSCI EAFE ETF
IEFA
|
+$122M |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$109M |
| 4 |
iShares Core S&P Small-Cap ETF
IJR
|
+$99.8M |
| 5 |
FMC
FMC
|
+$73M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
VF Corp
VFC
|
+$4.94B |
| 2 |
Kontoor Brands
KTB
|
+$278M |
| 3 |
STI
SunTrust Banks, Inc.
STI
|
+$166M |
| 4 |
Celanese
CE
|
+$110M |
| 5 |
Cisco
CSCO
|
+$78.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 24.81% |
| 2 | Consumer Discretionary | 11.69% |
| 3 | Technology | 7.81% |
| 4 | Healthcare | 6.72% |
| 5 | Industrials | 4.66% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
326
Principal Financial Group
PFG
$24.3B
| $24.5M | 0.02% |
446,121
-90,570
| -17% | -$4.96M |
|
|
FISV
327
Fiserv Inc
FISV
$28.8B
| $24.5M | 0.02% |
212,023
+4,349
| +2% | +$480K |
|
328
Vanguard Financials ETF
VFH
$13.5B
| $24.2M | 0.02% |
317,811
-11,309
| -3% | -$825K |
|
329
Rockwell Automation
ROK
$53.4B
| $24.2M | 0.02% |
119,295
-4,817
| -4% | -$892K |
|
330
State Street Industrial Select Sector SPDR ETF
XLI
$32.8B
| $24M | 0.02% |
295,112
-3,458
| -1% | -$276K |
|
331
State Street Utilities Select Sector SPDR ETF
XLU
$22.8B
| $24M | 0.02% |
743,092
-1,590
| -0.2% | -$50.5K |
|
332
Vanguard S&P 500 ETF
VOO
$979B
| $23.5M | 0.02% |
79,280
-647
| -0.8% | -$183K |
|
333
Biogen
BIIB
$30B
| $23.4M | 0.02% |
78,954
-15,587
| -16% | -$4.32M |
|
334
iShares Select U.S. REIT ETF
ICF
$2.09B
| $23M | 0.02% |
393,954
-1,794
| -0.5% | -$105K |
|
|
MMP
335
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $22.9M | 0.02% |
363,588
-13,775
| -4% | -$858K |
|
336
Public Service Enterprise Group
PEG
$38.2B
| $22.3M | 0.02% |
377,599
+17,788
| +5% | +$1.08M |
|
337
Northern Trust
NTRS
$22.4B
| $22.2M | 0.02% |
208,706
-12,082
| -5% | -$1.24M |
|
338
Sherwin-Williams
SHW
$82.7B
| $21.9M | 0.02% |
112,485
-1,239
| -1% | -$236K |
|
339
iShares ESG Aware MSCI EAFE ETF
ESGD
$12B
| $21.9M | 0.02% |
317,944
+30,280
| +11% | +$2.02M |
|
340
Global X MLP & Energy Infrastructure ETF
MLPX
$3.61B
| $21.7M | 0.02% |
589,286
+587,246
| +28,787% | +$20.6M |
|
341
Cullen/Frost Bankers
CFR
$10.4B
| $21.5M | 0.02% |
219,757
-58,454
| -21% | -$5.43M |
|
342
Lennox International
LII
$14.4B
| $21.4M | 0.02% |
87,541
+89
| +0.1% | +$22.1K |
|
343
United Rentals
URI
$67.2B
| $21.3M | 0.02% |
127,880
-146,364
| -53% | -$21.3M |
|
344
W.W. Grainger
GWW
$65.3B
| $21.3M | 0.02% |
62,994
+405
| +0.6% | +$129K |
|
345
Fidelity National Financial
FNF
$13.9B
| $21.3M | 0.02% |
487,722
-5,170
| -1% | -$229K |
|
346
Invesco S&P MidCap Low Volatility ETF
XMLV
$750M
| $21.3M | 0.02% |
395,001
+105,870
| +37% | +$5.61M |
|
347
TSMC
TSM
$2.1T
| $21.1M | 0.02% |
362,888
-16,059
| -4% | -$852K |
|
348
iShares Core MSCI Total International Stock ETF
IXUS
$58.3B
| $21M | 0.02% |
339,877
+106,766
| +46% | +$6.4M |
|
349
TE Connectivity
TEL
$59.6B
| $21M | 0.02% |
218,733
-16,836
| -7% | -$1.56M |
|
350
O'Reilly Automotive
ORLY
$72.9B
| $20.8M | 0.02% |
712,200
-15,210
| -2% | -$435K |
|
Similar funds
PNC Financial Services Group's Q4 2019 Portfolio in Review
As of Q4 2019, PNC Financial Services Group held 4,271 positions worth $102B, up 1.3% from $100B the previous quarter. Its ten largest holdings account for 38% of the portfolio.
PNC Financial Services Group withdrew a net $6.43B in Q4 2019, closing 201 positions and reducing 1,781 holdings. Its most notable exit was SunTrust Banks, Inc., an estimated $166M position sold in full.
By sector, the portfolio is most concentrated in Financials at 25% of assets, up from 23% a quarter earlier, followed by Consumer Discretionary and Technology.
Against the trend, PNC Financial Services Group opened a new position in VanEck High Yield Muni ETF worth $4.66M.
- PNC Financial Services Group's largest Q4 2019 buy was VanEck High Yield Muni ETF: 72,724 shares worth $4.66M.
- PNC Financial Services Group added most to Truist Financial in Q4 2019, an estimated $157M increase.
- PNC Financial Services Group's biggest Q4 2019 reduction was VF Corp, cutting an estimated $4.94B.
- PNC Financial Services Group fully exited SunTrust Banks, Inc. in Q4 2019, selling an estimated $166M.
- PNC Financial Services Group's ten largest holdings make up 38% of its $102B portfolio in Q4 2019.
- PNC Financial Services Group opened 175 new positions and closed 201 in Q4 2019.
- PNC Financial Services Group's portfolio value rose 1.3% quarter-over-quarter to $102B.
Based on PNC Financial Services Group's 13F filing for Q4 2019, filed 7 Feb 2020.