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 Core MSCI Emerging Markets ETF
IEMG
|
+$87.4M |
| 2 |
ExxonMobil
XOM
|
+$85.7M |
| 3 |
Deere & Co
DE
|
+$77M |
| 4 |
General Motors
GM
|
+$58.5M |
| 5 |
Crown Holdings
CCK
|
+$54.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$164M |
| 2 |
Apple
AAPL
|
+$78.2M |
| 3 |
Charter Communications
CHTR
|
+$77.9M |
| 4 |
TotalEnergies
TTE
|
+$76.4M |
| 5 |
FMC
FMC
|
+$66.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 16.07% |
| 2 | Consumer Discretionary | 10.95% |
| 3 | Technology | 10.46% |
| 4 | Financials | 8.2% |
| 5 | Industrials | 4.89% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Lockheed Martin
LMT
$135B
| $232M | 0.23% |
628,879
-125,276
| -17% | -$43M |
|
102
Philip Morris
PM
$292B
| $226M | 0.22% |
2,546,201
+57,610
| +2% | +$4.89M |
|
103
Costco
COST
$423B
| $224M | 0.22% |
634,971
-447
| -0.1% | -$156K |
|
104
iShares TIPS Bond ETF
TIP
$14.5B
| $223M | 0.22% |
1,779,795
+141,615
| +9% | +$17.9M |
|
105
AT&T
T
$162B
| $222M | 0.22% |
9,722,492
-744,777
| -7% | -$16.5M |
|
106
RTX Corp
RTX
$292B
| $218M | 0.21% |
2,823,720
-140,029
| -5% | -$10.2M |
|
107
Walmart Inc
WMT
$881B
| $216M | 0.21% |
4,767,174
-41,559
| -0.9% | -$1.93M |
|
108
iShares Russell 2000 Growth ETF
IWO
$14.6B
| $213M | 0.21% |
709,034
-15,965
| -2% | -$4.95M |
|
109
Morgan Stanley
MS
$332B
| $212M | 0.21% |
2,735,973
+1,860
| +0.1% | +$143K |
|
110
PPG Industries
PPG
$25.3B
| $210M | 0.2% |
1,394,569
-57,403
| -4% | -$8.22M |
|
111
iShares S&P Mid-Cap 400 Growth ETF
IJK
$10.8B
| $208M | 0.2% |
2,648,549
-41,952
| -2% | -$3.23M |
|
112
Thermo Fisher Scientific
TMO
$213B
| $205M | 0.2% |
449,656
-3,635
| -0.8% | -$1.73M |
|
113
Vanguard Morningstar Mega Cap Growth ETF
MGK
$33.2B
| $198M | 0.19% |
4,770,315
-141,400
| -3% | -$5.83M |
|
114
Invesco FTSE RAFI US 1000 ETF
PRF
$9.89B
| $196M | 0.19% |
6,455,015
-211,255
| -3% | -$6.07M |
|
115
Illinois Tool Works
ITW
$83B
| $194M | 0.19% |
875,849
-4,748
| -0.5% | -$986K |
|
116
Qualcomm
QCOM
$159B
| $194M | 0.19% |
1,460,099
+15,735
| +1% | +$2.27M |
|
117
Truist Financial
TFC
$63.4B
| $193M | 0.19% |
3,310,405
-43,725
| -1% | -$2.4M |
|
118
IBM
IBM
$213B
| $193M | 0.19% |
1,515,021
-17,596
| -1% | -$2.11M |
|
119
US Bancorp
USB
$99.6B
| $191M | 0.19% |
3,461,676
-226,967
| -6% | -$11.3M |
|
120
iShares S&P 500 Value ETF
IVE
$49.3B
| $191M | 0.19% |
1,354,573
+13,950
| +1% | +$1.88M |
|
121
Air Products & Chemicals
APD
$65.2B
| $190M | 0.18% |
675,989
-188,296
| -22% | -$51.2M |
|
122
iShares Russell Mid-Cap Value ETF
IWS
$15.7B
| $190M | 0.18% |
1,734,030
-15,294
| -0.9% | -$1.59M |
|
123
American Water Works
AWK
$26.1B
| $186M | 0.18% |
1,238,992
-8,743
| -0.7% | -$1.32M |
|
124
iShares MSCI EAFE Small-Cap ETF
SCZ
$13.4B
| $179M | 0.17% |
2,486,307
-27,795
| -1% | -$1.97M |
|
125
iShares S&P Small-Cap 600 Growth ETF
IJT
$8.37B
| $178M | 0.17% |
1,388,313
-28,599
| -2% | -$3.63M |
|
Similar funds
PNC Financial Services Group's Q1 2021 Portfolio in Review
As of Q1 2021, PNC Financial Services Group held 4,323 positions worth $103B, up 4% from $99.1B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
PNC Financial Services Group's Q1 2021 filing shows 282 new, 1,684 increased, 1,503 reduced and 155 closed positions. Its largest new stake was Coupang: 32,900 shares worth $1.62M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $164M.
By sector, the portfolio is most concentrated in Healthcare at 16% of assets, up from 16% a quarter earlier, followed by Consumer Discretionary and Technology.
- PNC Financial Services Group's largest Q1 2021 buy was Coupang: 32,900 shares worth $1.62M.
- PNC Financial Services Group added most to iShares Core MSCI Emerging Markets ETF in Q1 2021, an estimated $87.4M increase.
- PNC Financial Services Group's biggest Q1 2021 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $164M.
- PNC Financial Services Group fully exited China Mobile Limited in Q1 2021, selling an estimated $3.08M.
- PNC Financial Services Group's ten largest holdings make up 32% of its $103B portfolio in Q1 2021.
- PNC Financial Services Group opened 282 new positions and closed 155 in Q1 2021.
- PNC Financial Services Group's portfolio value rose 4% quarter-over-quarter to $103B.
Based on PNC Financial Services Group's 13F filing for Q1 2021, filed 7 May 2021.