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 EAFE ETF
IEFA
|
+$151M |
| 2 |
Fidelity MSCI Real Estate Index ETF
FREL
|
+$135M |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$99.2M |
| 4 |
PGIM Ultra Short Bond ETF
PULS
|
+$68.5M |
| 5 |
Union Pacific
UNP
|
+$68M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
KSU
Kansas City Southern
KSU
|
+$85.3M |
| 2 |
Microsoft
MSFT
|
+$80.6M |
| 3 |
Bristol-Myers Squibb
BMY
|
+$77.7M |
| 4 |
Apple
AAPL
|
+$63M |
| 5 |
General Motors
GM
|
+$55.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 17.47% |
| 2 | Technology | 10.68% |
| 3 | Consumer Discretionary | 9.67% |
| 4 | Financials | 7.95% |
| 5 | Industrials | 4.39% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
United Parcel Service
UPS
$88.6B
| $232M | 0.21% |
1,274,471
-85,757
| -6% | -$16.9M |
|
102
Mastercard
MA
$502B
| $229M | 0.21% |
659,622
-5,907
| -0.9% | -$2.15M |
|
103
RTX Corp
RTX
$290B
| $228M | 0.21% |
2,655,854
-58,233
| -2% | -$4.98M |
|
104
Walmart Inc
WMT
$885B
| $219M | 0.2% |
4,704,582
+27,273
| +0.6% | +$1.31M |
|
105
WEC Energy
WEC
$35.7B
| $216M | 0.2% |
2,444,571
-122,518
| -5% | -$11.5M |
|
106
iShares Russell 2000 Growth ETF
IWO
$14.3B
| $215M | 0.2% |
731,240
+13,303
| +2% | +$4M |
|
107
Lockheed Martin
LMT
$134B
| $214M | 0.2% |
620,284
-4,970
| -0.8% | -$1.8M |
|
108
US Bancorp
USB
$98.2B
| $214M | 0.2% |
3,600,207
+109,960
| +3% | +$6.26M |
|
109
iShares S&P Mid-Cap 400 Growth ETF
IJK
$10.7B
| $211M | 0.2% |
2,670,790
+17,541
| +0.7% | +$1.42M |
|
110
Lam Research
LRCX
$367B
| $211M | 0.2% |
3,713,470
-158,230
| -4% | -$9.63M |
|
111
Vanguard Morningstar Mega Cap Growth ETF
MGK
$32.5B
| $209M | 0.19% |
4,459,570
-87,950
| -2% | -$4.25M |
|
112
iShares Russell Mid-Cap Value ETF
IWS
$15.6B
| $199M | 0.18% |
1,755,495
+1,769
| +0.1% | +$205K |
|
113
PPG Industries
PPG
$24.6B
| $193M | 0.18% |
1,350,144
-18,287
| -1% | -$2.93M |
|
114
Invesco FTSE RAFI US 1000 ETF
PRF
$9.79B
| $192M | 0.18% |
6,048,950
-104,005
| -2% | -$3.36M |
|
115
iShares S&P 500 Value ETF
IVE
$49B
| $191M | 0.18% |
1,314,485
-20,344
| -2% | -$3.03M |
|
116
State Street Technology Select Sector SPDR ETF
XLK
$115B
| $191M | 0.18% |
2,557,592
+440,430
| +21% | +$34M |
|
117
State Street SPDR MSCI ACWI ex-US ETF
CWI
$2.78B
| $190M | 0.18% |
6,561,337
+18,465
| +0.3% | +$551K |
|
118
IBM
IBM
$211B
| $189M | 0.17% |
1,422,070
-50,919
| -3% | -$6.81M |
|
119
iShares S&P Small-Cap 600 Growth ETF
IJT
$8.26B
| $186M | 0.17% |
1,431,878
+26,706
| +2% | +$3.52M |
|
120
American Express
AXP
$227B
| $184M | 0.17% |
1,099,736
-7,690
| -0.7% | -$1.29M |
|
121
iShares MSCI EAFE Small-Cap ETF
SCZ
$13.4B
| $181M | 0.17% |
2,434,920
-17,283
| -0.7% | -$1.32M |
|
122
Truist Financial
TFC
$63.3B
| $181M | 0.17% |
3,084,609
-186,388
| -6% | -$10.4M |
|
123
Illinois Tool Works
ITW
$82.6B
| $180M | 0.17% |
871,358
-954
| -0.1% | -$215K |
|
124
Eaton
ETN
$161B
| $179M | 0.17% |
1,196,394
-6,219
| -0.5% | -$994K |
|
125
American Water Works
AWK
$26.7B
| $177M | 0.16% |
1,044,411
-144,045
| -12% | -$25.2M |
|
Similar funds
PNC Financial Services Group's Q3 2021 Portfolio in Review
As of Q3 2021, PNC Financial Services Group held 4,568 positions worth $108B, down 2% from $110B the previous quarter. Its ten largest holdings account for 33% of the portfolio.
PNC Financial Services Group's Q3 2021 filing shows 306 new, 1,682 increased, 1,558 reduced and 164 closed positions. Its largest new stake was Victoria's Secret: 82,097 shares worth $4.54M. The largest sale was Kansas City Southern, an estimated $85.3M.
By sector, the portfolio is most concentrated in Healthcare at 17% of assets, up from 17% a quarter earlier, followed by Technology and Consumer Discretionary.
- PNC Financial Services Group's largest Q3 2021 buy was Victoria's Secret: 82,097 shares worth $4.54M.
- PNC Financial Services Group added most to iShares Core MSCI EAFE ETF in Q3 2021, an estimated $151M increase.
- PNC Financial Services Group's biggest Q3 2021 reduction was Kansas City Southern, cutting an estimated $85.3M.
- PNC Financial Services Group fully exited U S Concrete, Inc. in Q3 2021, selling an estimated $11.4M.
- PNC Financial Services Group's ten largest holdings make up 33% of its $108B portfolio in Q3 2021.
- PNC Financial Services Group opened 306 new positions and closed 164 in Q3 2021.
- PNC Financial Services Group's portfolio value fell 2% quarter-over-quarter to $108B.
Based on PNC Financial Services Group's 13F filing for Q3 2021, filed 5 Nov 2021.