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 | |
|---|---|---|---|---|---|---|
526
Mettler-Toledo International
MTD
$28.5B
| $7.97M | 0.01% |
7,195
+2,340
| +48% | +$2.87M |
|
527
State Street Real Estate Select Sector SPDR ETF
XLRE
$8.56B
| $7.9M | 0.01% |
231,757
-59,801
| -21% | -$2.21M |
|
528
Entergy
ETR
$49.7B
| $7.87M | 0.01% |
170,266
+6,592
| +4% | +$322K |
|
529
Ball Corp
BALL
$16.7B
| $7.85M | 0.01% |
157,731
-6,411
| -4% | -$350K |
|
530
Vanguard Consumer Staples ETF
VDC
$7.98B
| $7.85M | 0.01% |
42,952
+3,347
| +8% | +$646K |
|
531
Alibaba
BABA
$304B
| $7.82M | 0.01% |
90,150
+7,128
| +9% | +$652K |
|
532
Labcorp
LH
$25.6B
| $7.79M | 0.01% |
38,765
-2,493
| -6% | -$526K |
|
533
iShares Preferred and Income Securities ETF
PFF
$13.2B
| $7.62M | 0.01% |
252,816
-14,132
| -5% | -$432K |
|
534
Ulta Beauty
ULTA
$23.2B
| $7.55M | 0.01% |
18,898
+3,040
| +19% | +$1.33M |
|
535
PIMCO Active Bond Exchange-Traded Fund
BOND
$8.45B
| $7.49M | 0.01% |
85,225
+31,573
| +59% | +$2.84M |
|
536
MSCI
MSCI
$41.2B
| $7.45M | 0.01% |
14,524
+2,274
| +19% | +$1.19M |
|
537
Liberty Broadband Class C
LBRDK
$5.32B
| $7.42M | 0.01% |
81,256
-17,837
| -18% | -$1.59M |
|
538
NVR
NVR
$16.9B
| $7.3M | 0.01% |
1,224
-43
| -3% | -$267K |
|
539
Whirlpool
WHR
$2.8B
| $7.16M | 0.01% |
53,583
-9,810
| -15% | -$1.39M |
|
540
Hewlett Packard
HPE
$69.4B
| $7.07M | 0.01% |
406,754
-7,206
| -2% | -$124K |
|
541
Gartner
IT
$11.7B
| $7.04M | 0.01% |
20,490
-324
| -2% | -$113K |
|
542
State Street SPDR S&P Homebuilders ETF
XHB
$1.53B
| $6.98M | 0.01% |
91,141
+6,849
| +8% | +$557K |
|
|
UFOX
543
Defiance Space and Connective Tech ETF
UFOX
$885M
| $6.92M | 0.01% |
221,250
-67,050
| -23% | -$2.19M |
|
544
Darden Restaurants
DRI
$24.1B
| $6.88M | 0.01% |
48,047
-995
| -2% | -$158K |
|
545
Kraft Heinz
KHC
$29.6B
| $6.87M | 0.01% |
204,162
-11,967
| -6% | -$413K |
|
546
Republic Services
RSG
$64.5B
| $6.85M | 0.01% |
48,058
-1,125
| -2% | -$167K |
|
547
Banco Santander
SAN
$209B
| $6.85M | 0.01% |
1,821,230
-139,171
| -7% | -$528K |
|
548
Diamondback Energy
FANG
$53.1B
| $6.84M | 0.01% |
44,166
+2,286
| +5% | +$337K |
|
549
Warner Bros
WBD
$66.2B
| $6.84M | 0.01% |
629,548
-79,315
| -11% | -$990K |
|
550
Atlassian
TEAM
$28B
| $6.83M | 0.01% |
33,914
+595
| +2% | +$113K |
|
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 174 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 174 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.