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 | |
|---|---|---|---|---|---|---|
|
WBK
1076
DELISTED
Westpac Banking Corporation
WBK
| $900K | ﹤0.01% |
71,964
+45,124
| +168% | +$495K |
|
1077
Deckers Outdoor
DECK
$13.6B
| $897K | ﹤0.01% |
27,384
-2,880
| -10% | -$79.4K |
|
1078
iShares Global Clean Energy ETF
ICLN
$2.4B
| $897K | ﹤0.01% |
71,680
+10,166
| +17% | +$114K |
|
1079
Ascendis Pharma A/S
ASND
$16.4B
| $896K | ﹤0.01% |
6,066
-138
| -2% | -$18.9K |
|
1080
Vanguard Total International Bond ETF
BNDX
$82.2B
| $892K | ﹤0.01% |
15,457
+5,546
| +56% | +$317K |
|
1081
BlackRock Enhanced Captial and Income Fund
CII
$1.01B
| $891K | ﹤0.01% |
61,555
-6,315
| -9% | -$88.9K |
|
1082
LKQ Corp
LKQ
$6.21B
| $891K | ﹤0.01% |
34,028
+1,160
| +4% | +$28.5K |
|
1083
Editas Medicine
EDIT
$457M
| $890K | ﹤0.01% |
30,080
-14,134
| -32% | -$369K |
|
|
IBDN
1084
DELISTED
iShares iBonds Dec 2022 Term Corporate ETF
IBDN
| $890K | ﹤0.01% |
34,644
+2,027
| +6% | +$51.5K |
|
1085
Agnico Eagle Mines
AEM
$84.7B
| $889K | ﹤0.01% |
13,863
-1,690
| -11% | -$100K |
|
1086
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
$17B
| $889K | ﹤0.01% |
8,749
+1,170
| +15% | +$118K |
|
1087
Apollo Global Management
APO
$73.9B
| $886K | ﹤0.01% |
17,770
+92
| +0.5% | +$4.04K |
|
1088
NetEase
NTES
$82.9B
| $886K | ﹤0.01% |
10,295
+745
| +8% | +$56.1K |
|
1089
Repligen
RGEN
$9.1B
| $885K | ﹤0.01% |
7,149
+201
| +3% | +$23.6K |
|
1090
Pegasystems
PEGA
$5.16B
| $884K | ﹤0.01% |
17,456
-1,514
| -8% | -$65.6K |
|
1091
Helen of Troy
HELE
$682M
| $871K | ﹤0.01% |
4,623
-4,538
| -50% | -$743K |
|
1092
Hanover Insurance
THG
$7.97B
| $869K | ﹤0.01% |
8,588
+562
| +7% | +$55.1K |
|
1093
Amplify Cybersecurity ETF
HACK
$2.85B
| $866K | ﹤0.01% |
19,486
-850
| -4% | -$35.3K |
|
1094
BlackRock Science and Technology Term Trust
BSTZ
$2.05B
| $864K | ﹤0.01% |
38,112
-4,988
| -12% | -$101K |
|
1095
Teradyne
TER
$61.5B
| $864K | ﹤0.01% |
10,218
+1,079
| +12% | +$72.3K |
|
1096
Invesco
IVZ
$14.2B
| $859K | ﹤0.01% |
79,864
-71,409
| -47% | -$641K |
|
1097
RB Global
RBA
$17.5B
| $859K | ﹤0.01% |
21,030
+1,126
| +6% | +$46.1K |
|
1098
Eaton Vance Tax-Managed Global Diversified Equity Income Fund
EXG
$3.03B
| $852K | ﹤0.01% |
115,530
-71,059
| -38% | -$493K |
|
1099
Invesco Pennsylvania Value Municipal Income Trust
VPV
$195M
| $851K | ﹤0.01% |
71,689
-880
| -1% | -$10.3K |
|
|
IFX
1100
DELISTED
INFINEON TECH AG ADS(REP1 ORD)
IFX
| $851K | ﹤0.01% |
36,288
+3,858
| +12% | +$90.5K |
|
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 198 positions and reducing 1,806 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 198 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.