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 |
M&T Bank
MTB
|
+$111M |
| 2 |
Progressive
PGR
|
+$95.1M |
| 3 |
Broadcom
AVGO
|
+$76.2M |
| 4 |
BP
BP
|
+$66.8M |
| 5 |
Bank of America
BAC
|
+$62.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares TIPS Bond ETF
TIP
|
+$199M |
| 2 |
Apple
AAPL
|
+$140M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$132M |
| 4 |
iShares S&P 500 Growth ETF
IVW
|
+$106M |
| 5 |
McCormick & Company Non-Voting
MKC
|
+$98.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 22.28% |
| 2 | Consumer Discretionary | 15.8% |
| 3 | Technology | 7.26% |
| 4 | Healthcare | 6.84% |
| 5 | Industrials | 5.25% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
401
Vanguard Short-Term Corporate Bond ETF
VCSH
$44.7B
| $17.8M | 0.02% |
223,785
+8,634
| +4% | +$681K |
|
402
Cognizant
CTSH
$24.9B
| $17.8M | 0.02% |
245,606
+8,490
| +4% | +$594K |
|
403
Fidelity National Financial
FNF
$13.9B
| $17.4M | 0.02% |
494,200
+1,137
| +0.2% | +$38.1K |
|
404
Ametek
AME
$55.4B
| $17M | 0.02% |
204,975
-4,292
| -2% | -$326K |
|
405
Delta Air Lines
DAL
$57.5B
| $16.9M | 0.02% |
327,815
-30,595
| -9% | -$1.52M |
|
|
NP
406
DELISTED
Neenah, Inc. Common Stock
NP
| $16.8M | 0.02% |
261,079
-14,295
| -5% | -$950K |
|
407
iShares MSCI ACWI ETF
ACWI
$32.5B
| $16.8M | 0.02% |
232,678
+26,006
| +13% | +$1.81M |
|
408
Diageo
DEO
$49B
| $16.8M | 0.02% |
102,570
+1,598
| +2% | +$244K |
|
409
Analog Devices
ADI
$179B
| $16.7M | 0.02% |
158,981
-6,043
| -4% | -$606K |
|
410
Aflac
AFL
$64.9B
| $16.5M | 0.02% |
329,029
+7,119
| +2% | +$343K |
|
411
Elevance Health
ELV
$81.5B
| $16.4M | 0.02% |
57,202
-2,775
| -5% | -$803K |
|
412
Sherwin-Williams
SHW
$82.7B
| $16.4M | 0.02% |
114,174
+30,231
| +36% | +$4.21M |
|
413
lululemon athletica
LULU
$13.5B
| $16.3M | 0.02% |
99,513
+1,352
| +1% | +$197K |
|
|
VAR
414
DELISTED
Varian Medical Systems, Inc.
VAR
| $16.3M | 0.02% |
114,998
-4,399
| -4% | -$578K |
|
415
Cooper Companies
COO
$14.1B
| $16.3M | 0.02% |
220,048
+8,280
| +4% | +$578K |
|
|
FISV
416
Fiserv Inc
FISV
$28.8B
| $16.2M | 0.02% |
184,030
+39,674
| +27% | +$3.27M |
|
|
SNV
417
DELISTED
Synovus
SNV
| $16.2M | 0.02% |
472,538
+117,818
| +33% | +$4.32M |
|
418
Agilent Technologies
A
$39.1B
| $16M | 0.02% |
199,027
-5,064
| -2% | -$384K |
|
419
Enbridge
ENB
$119B
| $16M | 0.02% |
440,792
-47,142
| -10% | -$1.7M |
|
|
HEES
420
DELISTED
H&E Equipment Services
HEES
| $16M | 0.02% |
635,678
+74,953
| +13% | +$1.97M |
|
421
HDFC Bank
HDB
$123B
| $15.9M | 0.02% |
549,100
-67,804
| -11% | -$1.76M |
|
422
ServiceNow
NOW
$115B
| $15.8M | 0.02% |
319,735
+12,635
| +4% | +$555K |
|
|
IRBT
423
DELISTED
iRobot
IRBT
| $15.5M | 0.02% |
132,120
-8,948
| -6% | -$953K |
|
424
TSMC
TSM
$2.1T
| $15.5M | 0.02% |
379,408
+5,373
| +1% | +$205K |
|
425
State Street SPDR S&P Regional Banking ETF
KRE
$4.5B
| $15.3M | 0.02% |
298,810
-111,911
| -27% | -$5.97M |
|
Similar funds
PNC Financial Services Group's Q1 2019 Portfolio in Review
As of Q1 2019, PNC Financial Services Group held 4,311 positions worth $99.9B, up 11% from $89.8B the previous quarter. Its ten largest holdings account for 38% of the portfolio.
PNC Financial Services Group's Q1 2019 filing shows 169 new, 1,634 increased, 1,606 reduced and 169 closed positions. Its largest new stake was MGM Growth Properties LLC Class A common shares representing limited liability company interests: 234,986 shares worth $7.58M. The largest sale was iShares TIPS Bond ETF, an estimated $199M.
By sector, the portfolio is most concentrated in Financials at 22% of assets, down from 23% a quarter earlier, followed by Consumer Discretionary and Technology.
- PNC Financial Services Group's largest Q1 2019 buy was MGM Growth Properties LLC Class A common shares representing limited liability company interests: 234,986 shares worth $7.58M.
- PNC Financial Services Group added most to M&T Bank in Q1 2019, an estimated $111M increase.
- PNC Financial Services Group's biggest Q1 2019 reduction was iShares TIPS Bond ETF, cutting an estimated $199M.
- PNC Financial Services Group fully exited Twenty-First Century Fox, Inc. Class B in Q1 2019, selling an estimated $17.5M.
- PNC Financial Services Group's ten largest holdings make up 38% of its $99.9B portfolio in Q1 2019.
- PNC Financial Services Group opened 169 new positions and closed 169 in Q1 2019.
- PNC Financial Services Group's portfolio value rose 11% quarter-over-quarter to $99.9B.
Based on PNC Financial Services Group's 13F filing for Q1 2019, filed 10 May 2019.