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
|
+$698M |
| 2 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$88.6M |
| 3 |
Vanguard Total Bond Market
BND
|
+$85.9M |
| 4 |
Vanguard Tax-Exempt Bond Index Fund
VTEB
|
+$58.8M |
| 5 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$52M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$313M |
| 2 |
iShares Core MSCI EAFE ETF
IEFA
|
+$279M |
| 3 |
iShares Core US Aggregate Bond ETF
AGG
|
+$108M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$74.1M |
| 5 |
Y
Alleghany Corp
Y
|
+$74M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 25.55% |
| 2 | Technology | 9.08% |
| 3 | Financials | 7.39% |
| 4 | Consumer Discretionary | 6.14% |
| 5 | Consumer Staples | 4.75% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
701
Trimble
TRMB
$13.6B
| $3.65M | ﹤0.01% |
72,252
-1,688
| -2% | -$94K |
|
702
Old Dominion Freight Line
ODFL
$44B
| $3.64M | ﹤0.01% |
25,654
+1,398
| +6% | +$199K |
|
703
First Trust Dow Jones Global Select Dividend Index Fund
FGD
$1.58B
| $3.64M | ﹤0.01% |
165,393
-81,988
| -33% | -$1.7M |
|
704
C.H. Robinson
CHRW
$17.1B
| $3.63M | ﹤0.01% |
39,654
-1,245
| -3% | -$119K |
|
705
Hercules Capital
HTGC
$3.19B
| $3.62M | ﹤0.01% |
274,119
| – | – |
|
706
International Flavors & Fragrances
IFF
$21.6B
| $3.61M | ﹤0.01% |
34,469
+159
| +0.5% | +$15.6K |
|
707
National Grid
NGG
$80.8B
| $3.6M | ﹤0.01% |
63,404
-12,063
| -16% | -$645K |
|
708
Kinder Morgan
KMI
$69.7B
| $3.6M | ﹤0.01% |
199,283
+2,974
| +2% | +$53.5K |
|
709
Clean Harbors
CLH
$16.2B
| $3.53M | ﹤0.01% |
30,969
+34
| +0.1% | +$3.97K |
|
710
FTI Consulting
FCN
$4.17B
| $3.53M | ﹤0.01% |
22,254
-550
| -2% | -$91.8K |
|
|
MUI
711
DELISTED
BlackRock Municipal Income Fund, Inc.
MUI
| $3.53M | ﹤0.01% |
311,801
+301,286
| +2,865% | +$3.32M |
|
|
BML.PRJ
712
Bank of America Depository Shares Series 4
BML.PRJ
$466M
| $3.52M | ﹤0.01% |
184,657
+29,709
| +19% | +$573K |
|
713
State Street SPDR S&P Regional Banking ETF
KRE
$4.65B
| $3.51M | ﹤0.01% |
59,792
+10,426
| +21% | +$642K |
|
714
iShares Treasury Floating Rate Bond ETF
TFLO
$6.64B
| $3.51M | ﹤0.01% |
69,554
-994
| -1% | -$50.1K |
|
715
Masco
MAS
$14.9B
| $3.5M | ﹤0.01% |
74,898
-7,373
| -9% | -$355K |
|
716
SS&C Technologies
SSNC
$18.7B
| $3.49M | ﹤0.01% |
67,023
-3,382
| -5% | -$171K |
|
717
Cameco
CCJ
$40.8B
| $3.48M | ﹤0.01% |
153,665
-1,067
| -0.7% | -$25.1K |
|
718
Enphase Energy
ENPH
$5.24B
| $3.48M | ﹤0.01% |
13,133
+299
| +2% | +$87K |
|
719
SEI Investments
SEIC
$12.6B
| $3.46M | ﹤0.01% |
59,355
-9,799
| -14% | -$551K |
|
720
ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040
MLPB
$250M
| $3.43M | ﹤0.01% |
183,101
-2,857
| -2% | -$53.7K |
|
721
LKQ Corp
LKQ
$6.19B
| $3.41M | ﹤0.01% |
63,914
+3,751
| +6% | +$198K |
|
722
Schwab US Large- Cap ETF
SCHX
$73.9B
| $3.41M | ﹤0.01% |
226,578
+62,253
| +38% | +$942K |
|
723
EQT Corp
EQT
$32.3B
| $3.41M | ﹤0.01% |
100,660
+6,301
| +7% | +$253K |
|
724
W.P. Carey
WPC
$16.4B
| $3.4M | ﹤0.01% |
44,459
+623
| +1% | +$46.8K |
|
725
MPLX
MPLX
$61.3B
| $3.39M | ﹤0.01% |
103,378
+13,247
| +15% | +$433K |
|
Similar funds
PNC Financial Services Group's Q4 2022 Portfolio in Review
As of Q4 2022, PNC Financial Services Group held 4,959 positions worth $104B, up 8.9% from $95.6B the previous quarter. Its ten largest holdings account for 37% of the portfolio.
PNC Financial Services Group's Q4 2022 filing shows 366 new, 1,507 increased, 2,037 reduced and 197 closed positions. Its largest new stake was Hamilton Beach Brands: 485,076 shares worth $6.01M. The largest sale was Invesco QQQ Trust, an estimated $313M.
By sector, the portfolio is most concentrated in Healthcare at 26% of assets, up from 25% a quarter earlier, followed by Technology and Financials.
- PNC Financial Services Group's largest Q4 2022 buy was Hamilton Beach Brands: 485,076 shares worth $6.01M.
- PNC Financial Services Group added most to iShares Core S&P 500 ETF in Q4 2022, an estimated $698M increase.
- PNC Financial Services Group's biggest Q4 2022 reduction was Invesco QQQ Trust, cutting an estimated $313M.
- PNC Financial Services Group fully exited Alleghany Corp in Q4 2022, selling an estimated $74M.
- PNC Financial Services Group's ten largest holdings make up 37% of its $104B portfolio in Q4 2022.
- PNC Financial Services Group opened 366 new positions and closed 197 in Q4 2022.
- PNC Financial Services Group's portfolio value rose 8.9% quarter-over-quarter to $104B.
Based on PNC Financial Services Group's 13F filing for Q4 2022, filed 10 Feb 2023.