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 | |
|---|---|---|---|---|---|---|
751
Arch Capital
ACGL
$33.8B
| $2.3M | ﹤0.01% |
80,210
+30,612
| +62% | +$846K |
|
752
Nuveen AMT-Free Quality Municipal Income Fund
NEA
$3.39B
| $2.29M | ﹤0.01% |
164,757
-77,399
| -32% | -$1.05M |
|
753
Quaker Houghton
KWR
$2.94B
| $2.29M | ﹤0.01% |
12,320
+171
| +1% | +$26.8K |
|
754
Lincoln Electric
LECO
$15.2B
| $2.28M | ﹤0.01% |
27,028
+77
| +0.3% | +$6.09K |
|
|
COR
755
DELISTED
Coresite Realty Corporation
COR
| $2.28M | ﹤0.01% |
18,808
+2,084
| +12% | +$251K |
|
756
Cadence Design Systems
CDNS
$92.8B
| $2.28M | ﹤0.01% |
23,721
+6,429
| +37% | +$538K |
|
757
Aegon
AEG
$14B
| $2.27M | ﹤0.01% |
836,977
+5,321
| +0.6% | +$13.1K |
|
758
Carpenter Technology
CRS
$28.3B
| $2.23M | ﹤0.01% |
92,044
-6,045
| -6% | -$134K |
|
759
First Trust Large Cap Growth AlphaDEX Fund
FTC
$1.38B
| $2.23M | ﹤0.01% |
29,158
+2,827
| +11% | +$198K |
|
760
Ares Capital
ARCC
$13.9B
| $2.22M | ﹤0.01% |
153,548
+607
| +0.4% | +$8.19K |
|
761
iShares Latin America 40 ETF
ILF
$3.82B
| $2.21M | ﹤0.01% |
102,699
-37,354
| -27% | -$751K |
|
|
PINC
762
DELISTED
Premier
PINC
| $2.19M | ﹤0.01% |
63,733
+63,449
| +22,341% | +$2.08M |
|
763
State Street SPDR NYSE Technology ETF
XNTK
$2.21B
| $2.16M | ﹤0.01% |
21,758
-2,064
| -9% | -$182K |
|
764
Coherent
COHR
$64.2B
| $2.15M | ﹤0.01% |
45,628
-745
| -2% | -$29.5K |
|
765
AllianceBernstein
AB
$3.47B
| $2.14M | ﹤0.01% |
78,510
-9,750
| -11% | -$226K |
|
766
West Pharmaceutical
WST
$24.7B
| $2.12M | ﹤0.01% |
9,343
-1,834
| -16% | -$360K |
|
767
ATI
ATI
$28B
| $2.11M | ﹤0.01% |
206,636
-22,685
| -10% | -$197K |
|
768
iShares Silver Trust
SLV
$29.9B
| $2.1M | ﹤0.01% |
123,424
-10,884
| -8% | -$166K |
|
769
Seagate
STX
$190B
| $2.08M | ﹤0.01% |
43,062
+7,223
| +20% | +$362K |
|
|
AMWD
770
DELISTED
American Woodmark
AMWD
| $2.08M | ﹤0.01% |
27,487
+1,017
| +4% | +$58.2K |
|
771
LivaNova
LIVN
$4.29B
| $2.04M | ﹤0.01% |
42,435
+21,398
| +102% | +$1.07M |
|
772
W.R. Berkley
WRB
$26.8B
| $2.04M | ﹤0.01% |
80,082
+15,354
| +24% | +$377K |
|
773
Suncor Energy
SU
$74.2B
| $2.04M | ﹤0.01% |
120,932
-32,442
| -21% | -$555K |
|
774
Lamb Weston
LW
$7.33B
| $2.03M | ﹤0.01% |
31,793
-1,673
| -5% | -$101K |
|
775
Clean Harbors
CLH
$16.3B
| $2M | ﹤0.01% |
33,378
+646
| +2% | +$36K |
|
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.