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 |
Morgan Stanley
MS
|
+$69.3M |
| 2 |
Charter Communications
CHTR
|
+$64.6M |
| 3 |
KSU
Kansas City Southern
KSU
|
+$62.3M |
| 4 |
iShares Core S&P 500 ETF
IVV
|
+$62M |
| 5 |
AbbVie
ABBV
|
+$59.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Trane Technologies
TT
|
+$104M |
| 2 |
Danaher
DHR
|
+$80.6M |
| 3 |
DFS
Discover Financial Services
DFS
|
+$71.6M |
| 4 |
Darden Restaurants
DRI
|
+$67.7M |
| 5 |
T-Mobile US
TMUS
|
+$67M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 26.02% |
| 2 | Consumer Discretionary | 9.23% |
| 3 | Technology | 8.69% |
| 4 | Healthcare | 7.41% |
| 5 | Consumer Staples | 5.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
American Water Works
AWK
$26.6B
| $175M | 0.22% |
1,464,075
-141,980
| -9% | -$18.3M |
|
102
Mastercard
MA
$500B
| $167M | 0.21% |
693,276
-21,630
| -3% | -$6.43M |
|
103
Accenture
ACN
$104B
| $160M | 0.2% |
981,940
-6,948
| -0.7% | -$1.34M |
|
104
Vanguard Morningstar Mega Cap Value ETF
MGV
$13.4B
| $160M | 0.2% |
2,422,667
+60,865
| +3% | +$4.87M |
|
105
Northrop Grumman
NOC
$78.4B
| $157M | 0.2% |
520,033
-14,090
| -3% | -$4.9M |
|
106
iShares Russell Mid-Cap Value ETF
IWS
$16B
| $157M | 0.2% |
2,450,741
+49,055
| +2% | +$4.19M |
|
107
US Bancorp
USB
$100B
| $156M | 0.2% |
4,526,659
-20,153
| -0.4% | -$971K |
|
108
iShares MSCI USA Momentum Factor ETF
MTUM
$26.6B
| $151M | 0.19% |
1,413,461
-128,362
| -8% | -$15.9M |
|
109
Invesco FTSE RAFI US 1000 ETF
PRF
$10B
| $149M | 0.19% |
8,062,545
-219,140
| -3% | -$5.09M |
|
110
Waste Management
WM
$90B
| $146M | 0.18% |
1,577,147
-22,455
| -1% | -$2.58M |
|
111
Kimberly-Clark
KMB
$37B
| $145M | 0.18% |
1,137,659
-27,653
| -2% | -$3.83M |
|
112
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
$18.6B
| $145M | 0.18% |
2,633,506
-55,594
| -2% | -$3.21M |
|
113
Target
TGT
$67.3B
| $144M | 0.18% |
1,550,405
-41,788
| -3% | -$4.64M |
|
114
T. Rowe Price
TROW
$24.7B
| $136M | 0.17% |
1,387,925
-12,500
| -0.9% | -$1.53M |
|
115
iShares S&P 500 Value ETF
IVE
$49.8B
| $135M | 0.17% |
1,399,016
-12,238
| -0.9% | -$1.46M |
|
116
Invesco S&P 500 Low Volatility ETF
SPLV
$7.23B
| $134M | 0.17% |
2,862,378
+359,247
| +14% | +$20.1M |
|
117
iShares MSCI USA Value Factor ETF
VLUE
$9.45B
| $133M | 0.17% |
2,115,114
-354,497
| -14% | -$28.7M |
|
118
Vanguard Morningstar Small-Cap Growth ETF
VBK
$24.1B
| $133M | 0.17% |
882,544
+9,647
| +1% | +$1.79M |
|
119
Dominion Energy
D
$60.9B
| $131M | 0.17% |
1,816,607
-37,698
| -2% | -$3.08M |
|
120
PPG Industries
PPG
$26.2B
| $130M | 0.16% |
1,560,976
-60,958
| -4% | -$6.77M |
|
121
Emerson Electric
EMR
$89B
| $130M | 0.16% |
2,723,440
+390,093
| +17% | +$25.7M |
|
122
Wells Fargo
WFC
$267B
| $130M | 0.16% |
4,516,969
-528,668
| -10% | -$22.5M |
|
123
iShares S&P Mid-Cap 400 Growth ETF
IJK
$11.1B
| $126M | 0.16% |
2,819,324
-11,596
| -0.4% | -$638K |
|
124
Illinois Tool Works
ITW
$84.9B
| $126M | 0.16% |
883,631
-4,665
| -0.5% | -$793K |
|
125
United Parcel Service
UPS
$92.7B
| $124M | 0.16% |
1,330,565
+9,352
| +0.7% | +$969K |
|
Similar funds
PNC Financial Services Group's Q1 2020 Portfolio in Review
As of Q1 2020, PNC Financial Services Group held 4,262 positions worth $79.5B, down 22% from $102B the previous quarter. Its ten largest holdings account for 38% of the portfolio.
PNC Financial Services Group's Q1 2020 filing shows 194 new, 1,613 increased, 1,661 reduced and 257 closed positions. Its largest new stake was FlexShares Ultra-Short Income Fund: 25,858 shares worth $1.92M. The largest sale was Trane Technologies, an estimated $104M.
By sector, the portfolio is most concentrated in Financials at 26% of assets, up from 25% a quarter earlier, followed by Consumer Discretionary and Technology.
- PNC Financial Services Group's largest Q1 2020 buy was FlexShares Ultra-Short Income Fund: 25,858 shares worth $1.92M.
- PNC Financial Services Group added most to Morgan Stanley in Q1 2020, an estimated $69.3M increase.
- PNC Financial Services Group's biggest Q1 2020 reduction was Trane Technologies, cutting an estimated $104M.
- PNC Financial Services Group fully exited Wellcare Health Plans, Inc. in Q1 2020, selling an estimated $4.85M.
- PNC Financial Services Group's ten largest holdings make up 38% of its $79.5B portfolio in Q1 2020.
- PNC Financial Services Group opened 194 new positions and closed 257 in Q1 2020.
- PNC Financial Services Group's portfolio value fell 22% quarter-over-quarter to $79.5B.
Based on PNC Financial Services Group's 13F filing for Q1 2020, filed 8 May 2020.