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 |
Fidelity MSCI Real Estate Index ETF
FREL
|
+$233M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$204M |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$119M |
| 4 |
Intel
INTC
|
+$95M |
| 5 |
iShares Core MSCI EAFE ETF
IEFA
|
+$80.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Blackrock
BLK
|
+$17.1B |
| 2 |
Schwab US REIT ETF
SCHH
|
+$179M |
| 3 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$94.5M |
| 4 |
Waste Management
WM
|
+$86.6M |
| 5 |
RTN
Raytheon Company
RTN
|
+$67.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 12.03% |
| 2 | Consumer Discretionary | 11.38% |
| 3 | Healthcare | 8.84% |
| 4 | Financials | 8.61% |
| 5 | Consumer Staples | 5.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
576
DTE Energy
DTE
$29.5B
| $5.12M | 0.01% |
55,944
+3,558
| +7% | +$315K |
|
577
Leidos
LDOS
$14.9B
| $5.11M | 0.01% |
54,597
+8,329
| +18% | +$820K |
|
578
CoStar Group
CSGP
$12.2B
| $5.11M | 0.01% |
71,870
-110,310
| -61% | -$7.13M |
|
579
Edison International
EIX
$27.5B
| $5.09M | 0.01% |
93,818
-2,453
| -3% | -$141K |
|
580
Vanguard Energy ETF
VDE
$9.91B
| $5M | 0.01% |
99,422
+10,913
| +12% | +$538K |
|
581
Mettler-Toledo International
MTD
$29B
| $4.98M | 0.01% |
6,184
-66
| -1% | -$49.1K |
|
582
Vanguard Total International Stock ETF
VXUS
$158B
| $4.94M | 0.01% |
100,458
+2,159
| +2% | +$99.8K |
|
583
Ventas
VTR
$46.6B
| $4.92M | 0.01% |
134,420
-32,128
| -19% | -$1.06M |
|
584
Jacobs Solutions
J
$16.4B
| $4.87M | 0.01% |
69,426
-1,318
| -2% | -$88.9K |
|
585
Vanguard Extended Market ETF
VXF
$31.5B
| $4.85M | 0.01% |
41,017
-472
| -1% | -$50.7K |
|
586
ICICI Bank
IBN
$109B
| $4.78M | 0.01% |
514,574
-18,128
| -3% | -$161K |
|
587
Twilio
TWLO
$29.5B
| $4.77M | 0.01% |
21,759
-28,649
| -57% | -$4.6M |
|
|
CHL
588
DELISTED
China Mobile Limited
CHL
| $4.75M | 0.01% |
141,281
-19,996
| -12% | -$740K |
|
589
Chipotle Mexican Grill
CMG
$42.8B
| $4.75M | 0.01% |
225,650
-5,300
| -2% | -$98.1K |
|
590
Equity Residential
EQR
$25.3B
| $4.75M | 0.01% |
80,690
-1,091
| -1% | -$67.6K |
|
591
C.H. Robinson
CHRW
$17.2B
| $4.73M | 0.01% |
59,782
+498
| +0.8% | +$37.6K |
|
592
Henry Schein
HSIC
$10.2B
| $4.73M | 0.01% |
80,958
+1,333
| +2% | +$74.5K |
|
593
Texas Roadhouse
TXRH
$13.8B
| $4.72M | 0.01% |
89,757
-5,614
| -6% | -$274K |
|
|
FRC
594
DELISTED
First Republic Bank
FRC
| $4.68M | 0.01% |
44,177
+3,598
| +9% | +$369K |
|
595
Xtrackers MSCI Japan Hedged Equity ETF
DBJP
$689M
| $4.68M | 0.01% |
120,916
-23,415
| -16% | -$891K |
|
596
British American Tobacco
BTI
$128B
| $4.64M | 0.01% |
119,664
+11,472
| +11% | +$440K |
|
597
Cullen/Frost Bankers
CFR
$10.5B
| $4.62M | 0.01% |
61,839
-25,720
| -29% | -$1.79M |
|
598
Philips
PHG
$25.6B
| $4.61M | 0.01% |
121,238
-3,838
| -3% | -$134K |
|
599
National Grid
NGG
$80.3B
| $4.58M | 0.01% |
85,332
-1,437
| -2% | -$72.8K |
|
|
CTRA
600
DELISTED
Coterra Energy
CTRA
| $4.54M | 0.01% |
264,295
+18,631
| +8% | +$361K |
|
Similar funds
PNC Financial Services Group's Q2 2020 Portfolio in Review
As of Q2 2020, PNC Financial Services Group held 4,207 positions worth $75.2B, down 5.4% from $79.5B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
PNC Financial Services Group withdrew a net $17.5B in Q2 2020, closing 197 positions and reducing 1,807 holdings. Its most notable exit was Raytheon Company, an estimated $67.3M position sold in full.
By sector, the portfolio is most concentrated in Technology at 12% of assets, up from 8.7% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, PNC Financial Services Group opened a new position in Fidelity MSCI Real Estate Index ETF worth $242M.
- PNC Financial Services Group's largest Q2 2020 buy was Fidelity MSCI Real Estate Index ETF: 10,344,502 shares worth $242M.
- PNC Financial Services Group added most to Invesco QQQ Trust in Q2 2020, an estimated $204M increase.
- PNC Financial Services Group's biggest Q2 2020 reduction was Blackrock, cutting an estimated $17.1B.
- PNC Financial Services Group fully exited Raytheon Company in Q2 2020, selling an estimated $67.3M.
- PNC Financial Services Group's ten largest holdings make up 26% of its $75.2B portfolio in Q2 2020.
- PNC Financial Services Group opened 202 new positions and closed 197 in Q2 2020.
- PNC Financial Services Group's portfolio value fell 5.4% quarter-over-quarter to $75.2B.
Based on PNC Financial Services Group's 13F filing for Q2 2020, filed 7 Aug 2020.