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 |
Erie Indemnity
ERIE
|
+$8.01B |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$1.05B |
| 3 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$405M |
| 4 |
iShares 7-10 Year Treasury Bond ETF
IEF
|
+$119M |
| 5 |
TJX Companies
TJX
|
+$67.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Fidelity MSCI Real Estate Index ETF
FREL
|
+$290M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$231M |
| 3 |
Apple
AAPL
|
+$71M |
| 4 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$67.5M |
| 5 |
Goldman Sachs
GS
|
+$57.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 21.8% |
| 2 | Financials | 13.2% |
| 3 | Technology | 9.75% |
| 4 | Consumer Discretionary | 5.55% |
| 5 | Consumer Staples | 4.31% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1226
Invesco Preferred ETF
PGX
$3.79B
| $847K | ﹤0.01% |
73,796
-4,778
| -6% | -$57.3K |
|
1227
Crocs
CROX
$6.55B
| $846K | ﹤0.01% |
6,688
+3,531
| +112% | +$427K |
|
|
GTM
1228
ZoomInfo Technologies
GTM
$1.22B
| $845K | ﹤0.01% |
34,197
+9,919
| +41% | +$255K |
|
1229
Coca-Cola Femsa
KOF
$23.2B
| $845K | ﹤0.01% |
10,498
+7,648
| +268% | +$562K |
|
1230
iShares Global Healthcare ETF
IXJ
$4.18B
| $844K | ﹤0.01% |
10,129
+111
| +1% | +$9.2K |
|
1231
NetEase
NTES
$84.7B
| $843K | ﹤0.01% |
9,530
+251
| +3% | +$21.6K |
|
1232
Nabors Industries
NBR
$1.21B
| $842K | ﹤0.01% |
6,906
+3,255
| +89% | +$493K |
|
1233
Pembina Pipeline
PBA
$27.6B
| $840K | ﹤0.01% |
25,936
-2,959
| -10% | -$99.8K |
|
1234
First Trust Large Cap Core AlphaDEX Fund
FEX
$1.61B
| $837K | ﹤0.01% |
10,398
+155
| +2% | +$12.7K |
|
1235
Marcus & Millichap
MMI
$1.19B
| $834K | ﹤0.01% |
25,967
+13,281
| +105% | +$461K |
|
|
NBXG
1236
Neuberger Next Generation Connectivity Fund Inc
NBXG
$1.2B
| $834K | ﹤0.01% |
80,088
+11,478
| +17% | +$114K |
|
1237
Schwab US Large-Cap Growth ETF
SCHG
$62.8B
| $834K | ﹤0.01% |
51,160
+3,648
| +8% | +$55.4K |
|
1238
Zscaler
ZS
$27.3B
| $833K | ﹤0.01% |
7,133
+457
| +7% | +$54.8K |
|
1239
ProShares S&P 500 Dividend Aristocrats ETF
NOBL
$12B
| $833K | ﹤0.01% |
18,254
+2,674
| +17% | +$122K |
|
1240
Axalta
AXTA
$8.17B
| $833K | ﹤0.01% |
27,491
+6,986
| +34% | +$201K |
|
1241
Carlyle Group
CG
$17.2B
| $829K | ﹤0.01% |
26,692
+374
| +1% | +$12.5K |
|
1242
NCR Voyix
VYX
$1.14B
| $828K | ﹤0.01% |
57,215
+11,676
| +26% | +$179K |
|
1243
Wingstop
WING
$3.18B
| $825K | ﹤0.01% |
4,495
+48
| +1% | +$7.88K |
|
1244
York Water
YORW
$514M
| $825K | ﹤0.01% |
18,458
-826
| -4% | -$36.9K |
|
1245
Valvoline
VVV
$4.51B
| $824K | ﹤0.01% |
23,582
-1,292
| -5% | -$44.9K |
|
1246
TransUnion
TRU
$15.3B
| $823K | ﹤0.01% |
13,246
-1,313
| -9% | -$85.9K |
|
1247
Farmers National Banc Corp
FMNB
$930M
| $823K | ﹤0.01% |
65,092
-1,234
| -2% | -$17.1K |
|
1248
Interactive Brokers
IBKR
$39.8B
| $822K | ﹤0.01% |
39,828
+16,560
| +71% | +$337K |
|
|
LTHM
1249
DELISTED
Livent Corporation
LTHM
| $822K | ﹤0.01% |
37,844
+764
| +2% | +$17.7K |
|
1250
Northern Oil and Gas
NOG
$2.35B
| $822K | ﹤0.01% |
27,072
+5,691
| +27% | +$177K |
|
Similar funds
PNC Financial Services Group's Q1 2023 Portfolio in Review
As of Q1 2023, PNC Financial Services Group held 4,940 positions worth $114B, up 9.5% from $104B the previous quarter. Its ten largest holdings account for 41% of the portfolio.
PNC Financial Services Group deployed $7.96B of net new capital in Q1 2023, opening 178 new positions and adding to 1,732 existing holdings. Its largest new stake was GE HealthCare: 243,542 shares worth $20M.
By sector, the portfolio is most concentrated in Healthcare at 22% of assets, down from 26% a quarter earlier, followed by Financials and Technology.
On the sell side, the largest reduction was Fidelity MSCI Real Estate Index ETF, an estimated $290M trimmed.
- PNC Financial Services Group's largest Q1 2023 buy was GE HealthCare: 243,542 shares worth $20M.
- PNC Financial Services Group added most to Erie Indemnity in Q1 2023, an estimated $8.01B increase.
- PNC Financial Services Group's biggest Q1 2023 reduction was Fidelity MSCI Real Estate Index ETF, cutting an estimated $290M.
- PNC Financial Services Group fully exited South Jersey Industries, Inc. in Q1 2023, selling an estimated $5.75M.
- PNC Financial Services Group's ten largest holdings make up 41% of its $114B portfolio in Q1 2023.
- PNC Financial Services Group opened 178 new positions and closed 267 in Q1 2023.
- PNC Financial Services Group's portfolio value rose 9.5% quarter-over-quarter to $114B.
Based on PNC Financial Services Group's 13F filing for Q1 2023, filed 15 May 2023.