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 MSCI USA Min Vol Factor ETF
USMV
|
+$283M |
| 2 |
WisdomTree Trust WisdomTree US Quality Dividend Growth Fund
DGRW
|
+$208M |
| 3 |
Dimensional International Value ETF
DFIV
|
+$155M |
| 4 |
Honeywell
HON
|
+$99M |
| 5 |
iShares US Treasury Bond ETF
GOVT
|
+$92.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$227M |
| 2 |
iShares MSCI EAFE Value ETF
EFV
|
+$121M |
| 3 |
Lockheed Martin
LMT
|
+$82M |
| 4 |
Apple
AAPL
|
+$74.7M |
| 5 |
Waste Management
WM
|
+$69.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 28.9% |
| 2 | Technology | 10.12% |
| 3 | Financials | 6.81% |
| 4 | Consumer Discretionary | 5.14% |
| 5 | Industrials | 3.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
326
State Street
STT
$51.5B
| $28.4M | 0.02% |
366,635
-8,417
| -2% | -$587K |
|
327
Invesco Taxable Municipal Bond ETF
BAB
$1.02B
| $28.1M | 0.02% |
1,043,028
+325,482
| +45% | +$8.33M |
|
328
CME Group
CME
$93.8B
| $27.8M | 0.02% |
131,872
+86,325
| +190% | +$18.4M |
|
329
Eversource Energy
ES
$27.1B
| $27.3M | 0.02% |
441,990
+3,956
| +0.9% | +$228K |
|
330
Capital One
COF
$136B
| $26.9M | 0.02% |
205,207
-1,618
| -0.8% | -$175K |
|
331
Halliburton
HAL
$26.6B
| $26.8M | 0.02% |
742,578
+5,976
| +0.8% | +$230K |
|
332
L3Harris
LHX
$53.1B
| $26.8M | 0.02% |
127,249
-5,280
| -4% | -$991K |
|
333
Fastenal
FAST
$57.4B
| $26.7M | 0.02% |
824,852
-9,206
| -1% | -$277K |
|
334
Brown-Forman Class A
BF.A
$13.3B
| $26.6M | 0.02% |
446,405
+1,281
| +0.3% | +$75.3K |
|
335
TransDigm Group
TDG
$69.6B
| $26.4M | 0.02% |
26,114
-2
| -0% | -$1.84K |
|
336
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23B
| $26.1M | 0.02% |
292,140
-19,492
| -6% | -$1.61M |
|
337
iShares 20+ Year Treasury Bond ETF
TLT
$41.8B
| $25.8M | 0.02% |
260,721
+94,563
| +57% | +$8.54M |
|
338
EOG Resources
EOG
$73B
| $25.6M | 0.02% |
211,886
-773
| -0.4% | -$96.2K |
|
339
Invesco Large Cap Value ETF
PWV
$1.72B
| $25.3M | 0.02% |
497,922
-40,367
| -7% | -$1.92M |
|
340
PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
HYS
$1.75B
| $25M | 0.02% |
269,003
-16,922
| -6% | -$1.54M |
|
341
Snap-on
SNA
$21.7B
| $25M | 0.02% |
86,618
+955
| +1% | +$258K |
|
342
ASML
ASML
$649B
| $24.8M | 0.02% |
32,811
+1,259
| +4% | +$831K |
|
343
iShares Dow Jones US ETF
IYY
$3.05B
| $24.7M | 0.02% |
212,135
+32,599
| +18% | +$3.54M |
|
344
Novartis
NVS
$294B
| $24.7M | 0.02% |
244,786
-50,653
| -17% | -$4.89M |
|
345
Unilever
UL
$139B
| $24.6M | 0.02% |
450,747
-22,678
| -5% | -$1.22M |
|
346
Vanguard Short-Term Corporate Bond ETF
VCSH
$44.7B
| $24.6M | 0.02% |
317,567
+15,275
| +5% | +$1.16M |
|
347
Service Corp International
SCI
$11.5B
| $24.6M | 0.02% |
358,675
+23,007
| +7% | +$1.39M |
|
348
Global X Autonomous & Electric Vehicles ETF
DRIV
$431M
| $24.5M | 0.02% |
994,387
-26,683
| -3% | -$612K |
|
349
T-Mobile US
TMUS
$184B
| $24.2M | 0.02% |
150,702
-443
| -0.3% | -$65.5K |
|
350
Texas Pacific Land
TPL
$26.6B
| $24.1M | 0.02% |
137,736
-108
| -0.1% | -$20.5K |
|
Similar funds
PNC Financial Services Group's Q4 2023 Portfolio in Review
As of Q4 2023, PNC Financial Services Group held 4,877 positions worth $127B, up 9% from $117B the previous quarter. Its ten largest holdings account for 43% of the portfolio.
PNC Financial Services Group's Q4 2023 filing shows 263 new, 1,410 increased, 2,264 reduced and 261 closed positions. Its largest new stake was Veralto: 94,572 shares worth $7.78M. The largest sale was iShares MSCI USA Quality Factor ETF, an estimated $227M.
By sector, the portfolio is most concentrated in Healthcare at 29% of assets, down from 29% a quarter earlier, followed by Technology and Financials.
- PNC Financial Services Group's largest Q4 2023 buy was Veralto: 94,572 shares worth $7.78M.
- PNC Financial Services Group added most to iShares MSCI USA Min Vol Factor ETF in Q4 2023, an estimated $283M increase.
- PNC Financial Services Group's biggest Q4 2023 reduction was iShares MSCI USA Quality Factor ETF, cutting an estimated $227M.
- PNC Financial Services Group fully exited Activision Blizzard in Q4 2023, selling an estimated $14.4M.
- PNC Financial Services Group's ten largest holdings make up 43% of its $127B portfolio in Q4 2023.
- PNC Financial Services Group opened 263 new positions and closed 261 in Q4 2023.
- PNC Financial Services Group's portfolio value rose 9% quarter-over-quarter to $127B.
Based on PNC Financial Services Group's 13F filing for Q4 2023, filed 9 Feb 2024.