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 |
Fidelity MSCI Real Estate Index ETF
FREL
|
+$233M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$204M |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$119M |
| 4 |
Intel
INTC
|
+$95M |
| 5 |
iShares Core MSCI EAFE ETF
IEFA
|
+$80.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Blackrock
BLK
|
+$17.1B |
| 2 |
Schwab US REIT ETF
SCHH
|
+$179M |
| 3 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$94.5M |
| 4 |
Waste Management
WM
|
+$86.6M |
| 5 |
RTN
Raytheon Company
RTN
|
+$67.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 12.03% |
| 2 | Consumer Discretionary | 11.38% |
| 3 | Healthcare | 8.84% |
| 4 | Financials | 8.61% |
| 5 | Consumer Staples | 5.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1276
Merit Medical Systems
MMSI
$5.24B
| $579K | ﹤0.01% |
12,664
-7,258
| -36% | -$293K |
|
1277
Agree Realty
ADC
$9.5B
| $578K | ﹤0.01% |
8,815
-177
| -2% | -$11.3K |
|
1278
Coca-Cola Europacific Partners
CCEP
$47.9B
| $578K | ﹤0.01% |
15,334
-4,694
| -23% | -$184K |
|
1279
Generac Holdings
GNRC
$12.5B
| $578K | ﹤0.01% |
4,739
+139
| +3% | +$14.6K |
|
1280
Advanced Energy
AEIS
$13B
| $576K | ﹤0.01% |
8,484
+510
| +6% | +$30.4K |
|
1281
Vanguard S&P Mid-Cap 400 Growth ETF
IVOG
$1.67B
| $576K | ﹤0.01% |
8,264
-1,864
| -18% | -$120K |
|
1282
NetApp
NTAP
$37.6B
| $576K | ﹤0.01% |
12,983
-2,403
| -16% | -$103K |
|
|
MUH
1283
DELISTED
Blackrock Muniholdings Fund II, Inc.
MUH
| $574K | ﹤0.01% |
40,100
| – | – |
|
1284
Xenon Pharmaceuticals
XENE
$6.24B
| $573K | ﹤0.01% |
45,722
| – | – |
|
|
DASTY
1285
DELISTED
DASSAULT SYSTEMES SA ADR
DASTY
| $572K | ﹤0.01% |
3,313
-81
| -2% | -$14K |
|
1286
LPL Financial
LPLA
$28.3B
| $570K | ﹤0.01% |
7,280
+630
| +9% | +$42.1K |
|
|
UHT
1287
Universal Health Realty Income Trust
UHT
$585M
| $570K | ﹤0.01% |
7,168
-422
| -6% | -$39.7K |
|
1288
First American
FAF
$7.67B
| $568K | ﹤0.01% |
11,808
+2,992
| +34% | +$141K |
|
1289
Cal-Maine
CALM
$3.98B
| $567K | ﹤0.01% |
12,737
+1,391
| +12% | +$59.2K |
|
|
BPMC
1290
DELISTED
Blueprint Medicines
BPMC
| $566K | ﹤0.01% |
7,261
-110
| -1% | -$7.44K |
|
1291
Globus Medical
GMED
$11B
| $566K | ﹤0.01% |
11,881
-2,959
| -20% | -$143K |
|
1292
Omega Healthcare
OHI
$14.8B
| $566K | ﹤0.01% |
19,024
+2,372
| +14% | +$70.3K |
|
1293
Winnebago Industries
WGO
$885M
| $566K | ﹤0.01% |
8,482
+387
| +5% | +$19.8K |
|
|
SBBX
1294
DELISTED
SB One Bancorp Common Stock
SBBX
| $566K | ﹤0.01% |
28,754
| – | – |
|
1295
Mizuho Financial
MFG
$130B
| $565K | ﹤0.01% |
228,330
+179,687
| +369% | +$427K |
|
1296
State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
$4.75B
| $563K | ﹤0.01% |
22,384
-13,412
| -37% | -$330K |
|
1297
AutoNation
AN
$6.99B
| $562K | ﹤0.01% |
14,937
+8,015
| +116% | +$290K |
|
|
VGR
1298
DELISTED
Vector Group Ltd.
VGR
| $562K | ﹤0.01% |
78,789
-921
| -1% | -$7.04K |
|
|
AFB
1299
AllianceBernstein National Municipal Income Fund
AFB
$314M
| $561K | ﹤0.01% |
42,000
| – | – |
|
1300
Targa Resources
TRGP
$57.6B
| $561K | ﹤0.01% |
27,920
-2,370
| -8% | -$35.6K |
|
Similar funds
PNC Financial Services Group's Q2 2020 Portfolio in Review
As of Q2 2020, PNC Financial Services Group held 4,207 positions worth $75.2B, down 5.4% from $79.5B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
PNC Financial Services Group withdrew a net $17.5B in Q2 2020, closing 198 positions and reducing 1,806 holdings. Its most notable exit was Raytheon Company, an estimated $67.3M position sold in full.
By sector, the portfolio is most concentrated in Technology at 12% of assets, up from 8.7% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, PNC Financial Services Group opened a new position in Fidelity MSCI Real Estate Index ETF worth $242M.
- PNC Financial Services Group's largest Q2 2020 buy was Fidelity MSCI Real Estate Index ETF: 10,344,502 shares worth $242M.
- PNC Financial Services Group added most to Invesco QQQ Trust in Q2 2020, an estimated $204M increase.
- PNC Financial Services Group's biggest Q2 2020 reduction was Blackrock, cutting an estimated $17.1B.
- PNC Financial Services Group fully exited Raytheon Company in Q2 2020, selling an estimated $67.3M.
- PNC Financial Services Group's ten largest holdings make up 26% of its $75.2B portfolio in Q2 2020.
- PNC Financial Services Group opened 202 new positions and closed 198 in Q2 2020.
- PNC Financial Services Group's portfolio value fell 5.4% quarter-over-quarter to $75.2B.
Based on PNC Financial Services Group's 13F filing for Q2 2020, filed 7 Aug 2020.