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
|
+$177M |
| 2 |
iShares Core US Aggregate Bond ETF
AGG
|
+$80.7M |
| 3 |
Chevron
CVX
|
+$49M |
| 4 |
iShares Select Dividend ETF
DVY
|
+$35.2M |
| 5 |
Shell
SHEL
|
+$34.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
WisdomTree Trust WisdomTree US Quality Dividend Growth Fund
DGRW
|
+$248M |
| 2 |
Fidelity MSCI Real Estate Index ETF
FREL
|
+$105M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$98.7M |
| 4 |
Apple
AAPL
|
+$80.6M |
| 5 |
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
|
+$69.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 19.86% |
| 2 | Technology | 11.03% |
| 3 | Consumer Discretionary | 8.18% |
| 4 | Financials | 7.49% |
| 5 | Industrials | 4.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
326
United Rentals
URI
$72.3B
| $32.8M | 0.03% |
92,198
-6,213
| -6% | -$2.03M |
|
327
Vanguard Long-Term Bond ETF
BLV
$5.74B
| $32.5M | 0.03% |
354,815
-130,440
| -27% | -$12.4M |
|
328
Novartis
NVS
$293B
| $32.2M | 0.03% |
366,653
-21,691
| -6% | -$1.88M |
|
329
Xtrackers USD High Yield Corporate Bond ETF
HYLB
$3.47B
| $31.6M | 0.03% |
837,606
-100,006
| -11% | -$3.83M |
|
330
Fidelity National Information Services
FIS
$22B
| $31M | 0.03% |
308,475
-1,976
| -0.6% | -$207K |
|
|
SCHW
331
Charles Schwab
SCHW
$186B
| $30.9M | 0.03% |
366,257
-31,835
| -8% | -$2.8M |
|
332
Vanguard Short-Term Corporate Bond ETF
VCSH
$44.7B
| $30.1M | 0.03% |
385,511
+63,935
| +20% | +$5.08M |
|
333
State Street Utilities Select Sector SPDR ETF
XLU
$22.5B
| $29.7M | 0.03% |
797,648
+42,292
| +6% | +$1.47M |
|
334
W.W. Grainger
GWW
$59.9B
| $29.3M | 0.03% |
56,753
-569
| -1% | -$280K |
|
335
Rockwell Automation
ROK
$49.5B
| $29.1M | 0.03% |
103,995
-4,512
| -4% | -$1.3M |
|
336
ASML
ASML
$662B
| $28.8M | 0.03% |
43,153
+7,291
| +20% | +$4.88M |
|
337
Cummins
CMI
$88.4B
| $28.6M | 0.03% |
139,615
-1,331
| -0.9% | -$288K |
|
338
Brown-Forman Class A
BF.A
$13.3B
| $28.5M | 0.03% |
454,406
+815
| +0.2% | +$50.5K |
|
339
Halliburton
HAL
$27.2B
| $28.5M | 0.02% |
751,370
-1,057
| -0.1% | -$34.2K |
|
340
Fastenal
FAST
$57.9B
| $28.3M | 0.02% |
952,836
+8,120
| +0.9% | +$227K |
|
341
Sherwin-Williams
SHW
$88.7B
| $28.2M | 0.02% |
113,050
-19,139
| -14% | -$5.29M |
|
|
DFS
342
DELISTED
Discover Financial Services
DFS
| $28.1M | 0.02% |
255,370
-6,003
| -2% | -$705K |
|
343
Global X FinTech ETF
FINX
$171M
| $27.8M | 0.02% |
868,683
-93,648
| -10% | -$3.06M |
|
344
iShares ESG Aware MSCI EM ETF
ESGE
$6.7B
| $27.4M | 0.02% |
745,375
+15,350
| +2% | +$589K |
|
345
Micron Technology
MU
$1.03T
| $27.4M | 0.02% |
351,266
+32,144
| +10% | +$2.74M |
|
346
McKesson
MCK
$98.8B
| $27.4M | 0.02% |
89,361
-4,097
| -4% | -$1.11M |
|
347
Intercontinental Exchange
ICE
$83.4B
| $27.3M | 0.02% |
206,589
+8,276
| +4% | +$1.07M |
|
348
Essex Property Trust
ESS
$18.4B
| $26.6M | 0.02% |
77,050
-2,254
| -3% | -$753K |
|
349
Corning
GLW
$139B
| $26.3M | 0.02% |
711,643
-9,135
| -1% | -$356K |
|
350
GSK
GSK
$104B
| $26M | 0.02% |
478,419
-28,363
| -6% | -$1.54M |
|
Similar funds
PNC Financial Services Group's Q1 2022 Portfolio in Review
As of Q1 2022, PNC Financial Services Group held 4,896 positions worth $114B, down 5.7% from $121B the previous quarter. Its ten largest holdings account for 35% of the portfolio.
PNC Financial Services Group's Q1 2022 filing shows 285 new, 1,796 increased, 1,653 reduced and 207 closed positions. Its largest new stake was Shell: 643,716 shares worth $35.4M. The largest sale was WisdomTree Trust WisdomTree US Quality Dividend Growth Fund, an estimated $248M.
By sector, the portfolio is most concentrated in Healthcare at 20% of assets, up from 18% a quarter earlier, followed by Technology and Consumer Discretionary.
- PNC Financial Services Group's largest Q1 2022 buy was Shell: 643,716 shares worth $35.4M.
- PNC Financial Services Group added most to iShares Core S&P 500 ETF in Q1 2022, an estimated $177M increase.
- PNC Financial Services Group's biggest Q1 2022 reduction was WisdomTree Trust WisdomTree US Quality Dividend Growth Fund, cutting an estimated $248M.
- PNC Financial Services Group fully exited Royal Dutch Shell PLC ADS Class A in Q1 2022, selling an estimated $21M.
- PNC Financial Services Group's ten largest holdings make up 35% of its $114B portfolio in Q1 2022.
- PNC Financial Services Group opened 285 new positions and closed 207 in Q1 2022.
- PNC Financial Services Group's portfolio value fell 5.7% quarter-over-quarter to $114B.
Based on PNC Financial Services Group's 13F filing for Q1 2022, filed 12 May 2022.