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 7-10 Year Treasury Bond ETF
IEF
|
+$940M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$96.4M |
| 3 |
Coca-Cola
KO
|
+$82.8M |
| 4 |
Fox Class A
FOXA
|
+$69.9M |
| 5 |
Lockheed Martin
LMT
|
+$54.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
WisdomTree Trust WisdomTree US Quality Dividend Growth Fund
DGRW
|
+$483M |
| 2 |
Dover
DOV
|
+$72.8M |
| 3 |
Apple
AAPL
|
+$49.5M |
| 4 |
Quanta Services
PWR
|
+$48.5M |
| 5 |
Emerson Electric
EMR
|
+$46.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 23.85% |
| 2 | Technology | 9.82% |
| 3 | Consumer Discretionary | 7.34% |
| 4 | Financials | 7.03% |
| 5 | Consumer Staples | 4.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
iShares Russell Mid-Cap Value ETF
IWS
$15.6B
| $197M | 0.19% |
1,937,077
+112,777
| +6% | +$12.6M |
|
102
Honeywell
HON
$76.7B
| $192M | 0.19% |
1,172,311
-37,248
| -3% | -$6.69M |
|
103
Target
TGT
$65.6B
| $189M | 0.19% |
1,337,024
-36,396
| -3% | -$6.98M |
|
104
Vanguard Morningstar Small-Cap Value ETF
VBR
$37.2B
| $186M | 0.18% |
1,241,352
+285,722
| +30% | +$46.9M |
|
105
iShares S&P Small-Cap 600 Growth ETF
IJT
$8.27B
| $184M | 0.18% |
1,751,073
+126,905
| +8% | +$14.4M |
|
106
Walmart Inc
WMT
$884B
| $184M | 0.18% |
4,529,649
-57,444
| -1% | -$2.65M |
|
107
IBM
IBM
$209B
| $181M | 0.18% |
1,282,385
-11,737
| -0.9% | -$1.58M |
|
108
iShares S&P 500 Value ETF
IVE
$49.1B
| $179M | 0.18% |
1,302,262
+76,640
| +6% | +$11.3M |
|
|
109
Emerson Electric
EMR
$83.3B
| $176M | 0.17% |
2,208,997
-523,051
| -19% | -$46.1M |
|
110
US Bancorp
USB
$98B
| $175M | 0.17% |
3,809,807
-10,582
| -0.3% | -$528K |
|
111
iShares Russell 2000 Growth ETF
IWO
$14.4B
| $175M | 0.17% |
846,497
+315
| +0% | +$70.2K |
|
112
iShares Core Universal USD Bond ETF
IUSB
$43B
| $166M | 0.16% |
3,550,758
+188,152
| +6% | +$8.94M |
|
113
Invesco FTSE RAFI US 1000 ETF
PRF
$9.78B
| $165M | 0.16% |
5,560,565
-331,735
| -6% | -$10.7M |
|
114
Air Products & Chemicals
APD
$66.8B
| $163M | 0.16% |
678,364
+15,260
| +2% | +$3.71M |
|
115
State Street SPDR MSCI ACWI ex-US ETF
CWI
$2.79B
| $160M | 0.16% |
6,729,758
+1,391
| +0% | +$35.5K |
|
116
Illinois Tool Works
ITW
$81.6B
| $159M | 0.16% |
870,825
-7,716
| -0.9% | -$1.54M |
|
117
Qualcomm
QCOM
$160B
| $158M | 0.16% |
1,240,624
+5,750
| +0.5% | +$781K |
|
118
iShares Russell 2000 Value ETF
IWN
$14.4B
| $156M | 0.15% |
1,149,091
+165,041
| +17% | +$24.6M |
|
119
Vanguard Morningstar Mega Cap Growth ETF
MGK
$32.1B
| $155M | 0.15% |
4,264,360
-59,260
| -1% | -$2.38M |
|
120
American Express
AXP
$228B
| $154M | 0.15% |
1,111,455
-9,089
| -0.8% | -$1.5M |
|
121
Thermo Fisher Scientific
TMO
$214B
| $153M | 0.15% |
281,565
-1,255
| -0.4% | -$691K |
|
122
American Water Works
AWK
$26.7B
| $153M | 0.15% |
1,025,590
+6,494
| +0.6% | +$989K |
|
123
iShares MSCI EAFE Small-Cap ETF
SCZ
$13.4B
| $151M | 0.15% |
2,771,951
+92,902
| +3% | +$5.62M |
|
124
Vanguard Morningstar Mega Cap Value ETF
MGV
$13.2B
| $150M | 0.15% |
1,561,434
-139,419
| -8% | -$14.3M |
|
125
CVS Health
CVS
$134B
| $150M | 0.15% |
1,618,968
+96,565
| +6% | +$9.42M |
|
Similar funds
PNC Financial Services Group's Q2 2022 Portfolio in Review
As of Q2 2022, PNC Financial Services Group held 4,924 positions worth $102B, down 11% from $114B the previous quarter. Its ten largest holdings account for 37% of the portfolio.
PNC Financial Services Group's Q2 2022 filing shows 234 new, 1,666 increased, 1,903 reduced and 330 closed positions. Its largest new stake was iShares Core MSCI International Developed Markets ETF: 723,806 shares worth $38.9M. The largest sale was WisdomTree Trust WisdomTree US Quality Dividend Growth Fund, an estimated $483M.
By sector, the portfolio is most concentrated in Healthcare at 24% of assets, up from 20% a quarter earlier, followed by Technology and Consumer Discretionary.
- PNC Financial Services Group's largest Q2 2022 buy was iShares Core MSCI International Developed Markets ETF: 723,806 shares worth $38.9M.
- PNC Financial Services Group added most to iShares 7-10 Year Treasury Bond ETF in Q2 2022, an estimated $940M increase.
- PNC Financial Services Group's biggest Q2 2022 reduction was WisdomTree Trust WisdomTree US Quality Dividend Growth Fund, cutting an estimated $483M.
- PNC Financial Services Group fully exited Cerner Corp in Q2 2022, selling an estimated $7.5M.
- PNC Financial Services Group's ten largest holdings make up 37% of its $102B portfolio in Q2 2022.
- PNC Financial Services Group opened 234 new positions and closed 330 in Q2 2022.
- PNC Financial Services Group's portfolio value fell 11% quarter-over-quarter to $102B.
Based on PNC Financial Services Group's 13F filing for Q2 2022, filed 12 Aug 2022.