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 MSCI USA Min Vol Factor ETF
USMV
|
+$283M |
| 2 |
WisdomTree Trust WisdomTree US Quality Dividend Growth Fund
DGRW
|
+$208M |
| 3 |
Dimensional International Value ETF
DFIV
|
+$155M |
| 4 |
Honeywell
HON
|
+$99M |
| 5 |
iShares US Treasury Bond ETF
GOVT
|
+$92.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$227M |
| 2 |
iShares MSCI EAFE Value ETF
EFV
|
+$121M |
| 3 |
Lockheed Martin
LMT
|
+$82M |
| 4 |
Apple
AAPL
|
+$74.7M |
| 5 |
Waste Management
WM
|
+$69.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 28.9% |
| 2 | Technology | 10.12% |
| 3 | Financials | 6.81% |
| 4 | Consumer Discretionary | 5.14% |
| 5 | Industrials | 3.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
951
New Jersey Resources
NJR
$5.53B
| $1.63M | ﹤0.01% |
36,567
-2,748
| -7% | -$117K |
|
952
HEICO Corp
HEI
$50.8B
| $1.63M | ﹤0.01% |
9,110
+326
| +4% | +$55.2K |
|
953
iShares Russell Top 200 Growth ETF
IWY
$16.5B
| $1.63M | ﹤0.01% |
9,286
-886
| -9% | -$145K |
|
954
Capri Holdings
CPRI
$1.7B
| $1.62M | ﹤0.01% |
32,234
-7,970
| -20% | -$398K |
|
955
Chemed
CHE
$7.18B
| $1.61M | ﹤0.01% |
2,756
-675
| -20% | -$378K |
|
956
Alarm.com
ALRM
$2.78B
| $1.6M | ﹤0.01% |
24,798
-222
| -0.9% | -$12.7K |
|
957
Equinor
EQNR
$93.7B
| $1.6M | ﹤0.01% |
50,568
+1,189
| +2% | +$38.5K |
|
958
Janus Henderson Mortgage-Backed Securities ETF
JMBS
$6.72B
| $1.6M | ﹤0.01% |
34,721
+34,596
| +27,677% | +$1.52M |
|
959
SiteOne Landscape Supply
SITE
$4.3B
| $1.59M | ﹤0.01% |
9,810
-226
| -2% | -$32.9K |
|
960
NetApp
NTAP
$37.6B
| $1.59M | ﹤0.01% |
18,064
-392
| -2% | -$31.6K |
|
961
FNB Corp
FNB
$6.75B
| $1.59M | ﹤0.01% |
115,502
-2,249
| -2% | -$26.6K |
|
962
Moelis & Co
MC
$4.98B
| $1.59M | ﹤0.01% |
28,321
-3,554
| -11% | -$167K |
|
963
Matsons
MATX
$6.17B
| $1.59M | ﹤0.01% |
14,483
+4
| +0% | +$380 |
|
964
Invesco Quality Municipal Securities
IQI
$528M
| $1.59M | ﹤0.01% |
166,835
| – | – |
|
965
NBT Bancorp
NBTB
$2.75B
| $1.59M | ﹤0.01% |
37,830
-1,140
| -3% | -$41.2K |
|
966
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.52B
| $1.58M | ﹤0.01% |
11,575
-1,798
| -13% | -$253K |
|
967
Simplify Short Term Treasury Futures Strategy ETF
TUA
$663M
| $1.58M | ﹤0.01% |
+68,233
| New | +$1.52M |
|
968
Invesco S&P SmallCap Low Volatility ETF
XSLV
$247M
| $1.57M | ﹤0.01% |
35,538
-6,218
| -15% | -$253K |
|
969
First Trust Health Care AlphaDEX Fund
FXH
$1.05B
| $1.56M | ﹤0.01% |
15,103
-84
| -0.6% | -$8.1K |
|
970
iShares Global Clean Energy ETF
ICLN
$2.37B
| $1.56M | ﹤0.01% |
100,074
-9,681
| -9% | -$136K |
|
971
Armstrong World Industries
AWI
$7.78B
| $1.56M | ﹤0.01% |
15,821
-2,128
| -12% | -$176K |
|
972
Shift4
FOUR
$3.44B
| $1.54M | ﹤0.01% |
20,718
+4,101
| +25% | +$245K |
|
973
Live Nation Entertainment
LYV
$42.3B
| $1.53M | ﹤0.01% |
16,365
-1,524
| -9% | -$131K |
|
974
Comfort Systems
FIX
$60.3B
| $1.53M | ﹤0.01% |
7,436
-991
| -12% | -$183K |
|
975
Hasbro
HAS
$12.9B
| $1.53M | ﹤0.01% |
29,927
-2,752
| -8% | -$139K |
|
Similar funds
PNC Financial Services Group's Q4 2023 Portfolio in Review
As of Q4 2023, PNC Financial Services Group held 4,877 positions worth $127B, up 9% from $117B the previous quarter. Its ten largest holdings account for 43% of the portfolio.
PNC Financial Services Group's Q4 2023 filing shows 263 new, 1,410 increased, 2,264 reduced and 260 closed positions. Its largest new stake was Veralto: 94,572 shares worth $7.78M. The largest sale was iShares MSCI USA Quality Factor ETF, an estimated $227M.
By sector, the portfolio is most concentrated in Healthcare at 29% of assets, down from 29% a quarter earlier, followed by Technology and Financials.
- PNC Financial Services Group's largest Q4 2023 buy was Veralto: 94,572 shares worth $7.78M.
- PNC Financial Services Group added most to iShares MSCI USA Min Vol Factor ETF in Q4 2023, an estimated $283M increase.
- PNC Financial Services Group's biggest Q4 2023 reduction was iShares MSCI USA Quality Factor ETF, cutting an estimated $227M.
- PNC Financial Services Group fully exited Activision Blizzard in Q4 2023, selling an estimated $14.4M.
- PNC Financial Services Group's ten largest holdings make up 43% of its $127B portfolio in Q4 2023.
- PNC Financial Services Group opened 263 new positions and closed 260 in Q4 2023.
- PNC Financial Services Group's portfolio value rose 9% quarter-over-quarter to $127B.
Based on PNC Financial Services Group's 13F filing for Q4 2023, filed 9 Feb 2024.