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 |
Caterpillar
CAT
|
+$57.5M |
| 2 |
Dentsply Sirona
XRAY
|
+$54.2M |
| 3 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$51.1M |
| 4 |
Philip Morris
PM
|
+$46.3M |
| 5 |
WisdomTree Trust WisdomTree US Quality Dividend Growth Fund
DGRW
|
+$43.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Johnson & Johnson
JNJ
|
+$72.1M |
| 2 |
Thermo Fisher Scientific
TMO
|
+$71.3M |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$66.3M |
| 4 |
Apple
AAPL
|
+$63.4M |
| 5 |
Procter & Gamble
PG
|
+$57.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 17.26% |
| 2 | Consumer Discretionary | 10.73% |
| 3 | Technology | 10.48% |
| 4 | Financials | 8.05% |
| 5 | Industrials | 4.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Costco
COST
$432B
| $250M | 0.23% |
631,088
-3,883
| -0.6% | -$1.47M |
|
102
Mastercard
MA
$498B
| $243M | 0.22% |
665,529
-14,454
| -2% | -$5.37M |
|
103
iShares TIPS Bond ETF
TIP
$14.5B
| $238M | 0.22% |
1,860,696
+80,901
| +5% | +$10.3M |
|
104
Lockheed Martin
LMT
$131B
| $237M | 0.21% |
625,254
-3,625
| -0.6% | -$1.39M |
|
105
PPG Industries
PPG
$24.9B
| $232M | 0.21% |
1,368,431
-26,138
| -2% | -$4.48M |
|
106
RTX Corp
RTX
$290B
| $232M | 0.21% |
2,714,087
-109,633
| -4% | -$9.23M |
|
107
WEC Energy
WEC
$36.3B
| $228M | 0.21% |
2,567,089
-39,179
| -2% | -$3.69M |
|
108
iShares Russell 2000 Growth ETF
IWO
$14.1B
| $224M | 0.2% |
717,937
+8,903
| +1% | +$2.68M |
|
109
Walmart Inc
WMT
$909B
| $220M | 0.2% |
4,677,309
-89,865
| -2% | -$4.19M |
|
110
iShares S&P Mid-Cap 400 Growth ETF
IJK
$10.6B
| $215M | 0.19% |
2,653,249
+4,700
| +0.2% | +$377K |
|
111
Vanguard Morningstar Mega Cap Growth ETF
MGK
$31.3B
| $210M | 0.19% |
4,547,520
-222,795
| -5% | -$9.8M |
|
112
IBM
IBM
$213B
| $206M | 0.19% |
1,472,989
-42,032
| -3% | -$5.75M |
|
113
iShares Russell Mid-Cap Value ETF
IWS
$15.7B
| $202M | 0.18% |
1,753,726
+19,696
| +1% | +$2.26M |
|
114
US Bancorp
USB
$97.9B
| $199M | 0.18% |
3,490,247
+28,571
| +0.8% | +$1.68M |
|
115
State Street SPDR MSCI ACWI ex-US ETF
CWI
$2.7B
| $198M | 0.18% |
6,542,872
+1,066,542
| +19% | +$32.1M |
|
116
Invesco FTSE RAFI US 1000 ETF
PRF
$9.72B
| $197M | 0.18% |
6,152,955
-302,060
| -5% | -$9.62M |
|
117
iShares S&P 500 Value ETF
IVE
$49.1B
| $197M | 0.18% |
1,334,829
-19,744
| -1% | -$2.91M |
|
118
Illinois Tool Works
ITW
$84.1B
| $195M | 0.18% |
872,312
-3,537
| -0.4% | -$810K |
|
119
AT&T
T
$164B
| $194M | 0.18% |
8,929,390
-793,102
| -8% | -$18M |
|
120
Air Products & Chemicals
APD
$65.5B
| $194M | 0.18% |
673,379
-2,610
| -0.4% | -$766K |
|
121
iShares S&P Small-Cap 600 Growth ETF
IJT
$8.13B
| $186M | 0.17% |
1,405,172
+16,859
| +1% | +$2.19M |
|
122
American Water Works
AWK
$27B
| $183M | 0.17% |
1,188,456
-50,536
| -4% | -$7.87M |
|
123
American Express
AXP
$224B
| $183M | 0.17% |
1,107,426
-17,004
| -2% | -$2.66M |
|
124
iShares MSCI EAFE Small-Cap ETF
SCZ
$13.1B
| $182M | 0.16% |
2,452,203
-34,104
| -1% | -$2.56M |
|
125
Truist Financial
TFC
$63.9B
| $182M | 0.16% |
3,270,997
-39,408
| -1% | -$2.32M |
|
Similar funds
PNC Financial Services Group's Q2 2021 Portfolio in Review
As of Q2 2021, PNC Financial Services Group held 4,425 positions worth $110B, up 7.1% from $103B the previous quarter. Its ten largest holdings account for 33% of the portfolio.
PNC Financial Services Group's Q2 2021 filing shows 255 new, 1,622 increased, 1,630 reduced and 165 closed positions. Its largest new stake was Global X Aging Population ETF: 548,663 shares worth $16.8M. The largest sale was Johnson & Johnson, an estimated $72.1M.
By sector, the portfolio is most concentrated in Healthcare at 17% of assets, up from 16% a quarter earlier, followed by Consumer Discretionary and Technology.
- PNC Financial Services Group's largest Q2 2021 buy was Global X Aging Population ETF: 548,663 shares worth $16.8M.
- PNC Financial Services Group added most to Caterpillar in Q2 2021, an estimated $57.5M increase.
- PNC Financial Services Group's biggest Q2 2021 reduction was Johnson & Johnson, cutting an estimated $72.1M.
- PNC Financial Services Group fully exited Varian Medical Systems, Inc. in Q2 2021, selling an estimated $16.1M.
- PNC Financial Services Group's ten largest holdings make up 33% of its $110B portfolio in Q2 2021.
- PNC Financial Services Group opened 255 new positions and closed 165 in Q2 2021.
- PNC Financial Services Group's portfolio value rose 7.1% quarter-over-quarter to $110B.
Based on PNC Financial Services Group's 13F filing for Q2 2021, filed 6 Aug 2021.