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 S&P 500 ETF
IVV
|
+$116M |
| 2 |
iShares US Treasury Bond ETF
GOVT
|
+$79M |
| 3 |
Atmos Energy
ATO
|
+$69.7M |
| 4 |
Marriott International
MAR
|
+$59M |
| 5 |
Hubbell
HUBB
|
+$53.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Eli Lilly
LLY
|
+$193M |
| 2 |
Kontoor Brands
KTB
|
+$118M |
| 3 |
Apple
AAPL
|
+$63.7M |
| 4 |
AbbVie
ABBV
|
+$52M |
| 5 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$50.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 32.64% |
| 2 | Technology | 9.43% |
| 3 | Financials | 6.82% |
| 4 | Consumer Discretionary | 4.55% |
| 5 | Industrials | 3.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Walt Disney
DIS
$170B
| $224M | 0.16% |
1,831,591
-3,308
| -0.2% | -$346K |
|
102
Vanguard Morningstar Small-Cap Growth ETF
VBK
$23.5B
| $220M | 0.15% |
842,597
+921
| +0.1% | +$226K |
|
103
iShares MSCI EAFE Value ETF
EFV
$29B
| $220M | 0.15% |
4,037,293
-12,524
| -0.3% | -$654K |
|
104
RTX Corp
RTX
$292B
| $218M | 0.15% |
2,237,192
-8,022
| -0.4% | -$724K |
|
105
Emerson Electric
EMR
$86.7B
| $216M | 0.15% |
1,900,310
-81,137
| -4% | -$8.33M |
|
106
iShares MSCI Emerging Markets ETF
EEM
$28.9B
| $215M | 0.15% |
5,239,732
-270,021
| -5% | -$10.7M |
|
107
Lockheed Martin
LMT
$135B
| $213M | 0.15% |
467,733
-10,539
| -2% | -$4.62M |
|
108
Morgan Stanley
MS
$332B
| $213M | 0.15% |
2,259,448
+32,698
| +1% | +$2.88M |
|
109
Invesco FTSE RAFI US 1000 ETF
PRF
$9.89B
| $212M | 0.15% |
5,514,845
+51,433
| +0.9% | +$1.87M |
|
110
United Parcel Service
UPS
$90.8B
| $203M | 0.14% |
1,366,766
+12,061
| +0.9% | +$1.83M |
|
111
WEC Energy
WEC
$35.6B
| $201M | 0.14% |
2,444,196
-9,480
| -0.4% | -$762K |
|
112
Dimensional International Value ETF
DFIV
$21.4B
| $200M | 0.14% |
5,440,664
+693,210
| +15% | +$24M |
|
113
Vanguard Morningstar Small-Cap Value ETF
VBR
$37.6B
| $198M | 0.14% |
1,031,246
+7,561
| +0.7% | +$1.36M |
|
114
iShares Russell Mid-Cap Value ETF
IWS
$15.7B
| $194M | 0.13% |
1,544,889
-23,628
| -2% | -$2.78M |
|
115
iShares Russell 2000 Value ETF
IWN
$14.5B
| $191M | 0.13% |
1,202,322
-724
| -0.1% | -$110K |
|
116
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$22.9B
| $190M | 0.13% |
3,702,799
+59,700
| +2% | +$3.05M |
|
117
Air Products & Chemicals
APD
$65.2B
| $187M | 0.13% |
771,857
-49,948
| -6% | -$12.2M |
|
118
Vanguard Morningstar Mega Cap Growth ETF
MGK
$33.2B
| $184M | 0.13% |
3,205,110
-119,160
| -4% | -$6.57M |
|
119
Ameriprise Financial
AMP
$48.8B
| $184M | 0.13% |
418,878
-7,709
| -2% | -$3.09M |
|
120
iShares Russell 2000 Growth ETF
IWO
$14.6B
| $183M | 0.13% |
674,325
-5,558
| -0.8% | -$1.42M |
|
121
State Street Technology Select Sector SPDR ETF
XLK
$117B
| $180M | 0.13% |
1,726,840
+14,696
| +0.9% | +$1.49M |
|
122
CDW
CDW
$18.9B
| $177M | 0.12% |
690,071
+29,988
| +5% | +$7.12M |
|
123
iShares S&P Mid-Cap 400 Growth ETF
IJK
$10.8B
| $176M | 0.12% |
1,932,684
-9,111
| -0.5% | -$760K |
|
124
Qualcomm
QCOM
$159B
| $173M | 0.12% |
1,022,930
+7,338
| +0.7% | +$1.13M |
|
125
TJX Companies
TJX
$174B
| $173M | 0.12% |
1,705,449
+12,359
| +0.7% | +$1.2M |
|
Similar funds
PNC Financial Services Group's Q1 2024 Portfolio in Review
As of Q1 2024, PNC Financial Services Group held 4,893 positions worth $144B, up 13% from $127B the previous quarter. Its ten largest holdings account for 46% of the portfolio.
PNC Financial Services Group's Q1 2024 filing shows 281 new, 1,741 increased, 1,917 reduced and 198 closed positions. Its largest new stake was iShares Bitcoin Trust: 205,890 shares worth $8.33M. The largest sale was Eli Lilly, an estimated $193M.
By sector, the portfolio is most concentrated in Healthcare at 33% of assets, up from 29% a quarter earlier, followed by Technology and Financials.
- PNC Financial Services Group's largest Q1 2024 buy was iShares Bitcoin Trust: 205,890 shares worth $8.33M.
- PNC Financial Services Group added most to iShares Core S&P 500 ETF in Q1 2024, an estimated $116M increase.
- PNC Financial Services Group's biggest Q1 2024 reduction was Eli Lilly, cutting an estimated $193M.
- PNC Financial Services Group fully exited PGT, Inc. in Q1 2024, selling an estimated $7.5M.
- PNC Financial Services Group's ten largest holdings make up 46% of its $144B portfolio in Q1 2024.
- PNC Financial Services Group opened 281 new positions and closed 198 in Q1 2024.
- PNC Financial Services Group's portfolio value rose 13% quarter-over-quarter to $144B.
Based on PNC Financial Services Group's 13F filing for Q1 2024, filed 10 May 2024.