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 | |
|---|---|---|---|---|---|---|
1151
Crane NXT
CXT
$3.22B
| $765K | ﹤0.01% |
37,084
+1,966
| +6% | +$36.8K |
|
1152
Pembina Pipeline
PBA
$27.6B
| $765K | ﹤0.01% |
30,580
-1,636
| -5% | -$37.8K |
|
1153
Wynn Resorts
WYNN
$10.6B
| $764K | ﹤0.01% |
10,241
+2,096
| +26% | +$168K |
|
1154
Invesco Municipal Opportunity Trust
VMO
$658M
| $763K | ﹤0.01% |
64,398
-29,994
| -32% | -$346K |
|
1155
Precigen
PGEN
$2.48B
| $762K | ﹤0.01% |
152,734
| – | – |
|
|
HMSY
1156
DELISTED
HMS Holdings Corp.
HMSY
| $757K | ﹤0.01% |
23,365
+8,567
| +58% | +$248K |
|
1157
iShares US Aerospace & Defense ETF
ITA
$14.7B
| $749K | ﹤0.01% |
9,090
+484
| +6% | +$38.2K |
|
1158
Marriott Vacations Worldwide
VAC
$4.09B
| $746K | ﹤0.01% |
9,066
+348
| +4% | +$28.3K |
|
|
WNS
1159
DELISTED
WNS Holdings
WNS
| $744K | ﹤0.01% |
13,542
+6,319
| +87% | +$302K |
|
1160
NovoCure
NVCR
$1.83B
| $743K | ﹤0.01% |
12,516
+12,357
| +7,772% | +$813K |
|
1161
Nuveen Municipal Value Fund
NUV
$1.89B
| $741K | ﹤0.01% |
72,658
-6,837
| -9% | -$67.1K |
|
1162
iShares Emerging Markets Dividend ETF
DVYE
$1.22B
| $736K | ﹤0.01% |
23,501
+6
| +0% | +$186 |
|
1163
Reliance Steel & Aluminium
RS
$21.4B
| $734K | ﹤0.01% |
7,735
-37
| -0.5% | -$3.37K |
|
1164
iShares Global Tech ETF
IXN
$8.76B
| $732K | ﹤0.01% |
18,672
-870
| -4% | -$30.8K |
|
1165
Grand Canyon Education
LOPE
$3.87B
| $730K | ﹤0.01% |
8,051
+20
| +0.2% | +$1.78K |
|
|
CHX
1166
DELISTED
ChampionX
CHX
| $727K | ﹤0.01% |
74,584
-7,169
| -9% | -$65.7K |
|
1167
NorthWestern Energy
NWE
$4.34B
| $727K | ﹤0.01% |
13,346
+1,383
| +12% | +$80.1K |
|
1168
Norwegian Cruise Line
NCLH
$9.03B
| $725K | ﹤0.01% |
44,244
+20,678
| +88% | +$303K |
|
1169
Farmers National Banc Corp
FMNB
$937M
| $722K | ﹤0.01% |
60,866
-2,743
| -4% | -$31.7K |
|
1170
Mueller Industries
MLI
$15.5B
| $722K | ﹤0.01% |
108,704
-968
| -0.9% | -$6.1K |
|
|
PPLI
1171
People Inc
PPLI
$3.2B
| $721K | ﹤0.01% |
12,489
-979
| -7% | -$43.5K |
|
1172
McCormick & Company Voting
MKC.V
$14.1B
| $717K | ﹤0.01% |
8,080
-100
| -1% | -$8.26K |
|
1173
Fair Isaac
FICO
$22.3B
| $716K | ﹤0.01% |
1,715
-852
| -33% | -$311K |
|
1174
SPS Commerce
SPSC
$2.56B
| $714K | ﹤0.01% |
9,506
+1,842
| +24% | +$112K |
|
|
DISCK
1175
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $712K | ﹤0.01% |
36,906
-20,641
| -36% | -$404K |
|
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.