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 | |
|---|---|---|---|---|---|---|
1301
HubSpot
HUBS
$10.4B
| $560K | ﹤0.01% |
2,495
+650
| +35% | +$117K |
|
1302
Huntsman Corp
HUN
$1.78B
| $560K | ﹤0.01% |
31,151
-9,131
| -23% | -$153K |
|
1303
Yeti Holdings
YETI
$3.93B
| $560K | ﹤0.01% |
13,090
+11,090
| +555% | +$333K |
|
|
PS
1304
DELISTED
Pluralsight, Inc. Class A Common Stock
PS
| $560K | ﹤0.01% |
31,028
+75
| +0.2% | +$1.27K |
|
1305
Lithia Motors
LAD
$8.26B
| $559K | ﹤0.01% |
3,698
-3,916
| -51% | -$448K |
|
1306
SouthState Bank Corp
SSB
$10.5B
| $559K | ﹤0.01% |
11,730
+2,278
| +24% | +$119K |
|
1307
Onto Innovation
ONTO
$13.4B
| $558K | ﹤0.01% |
16,402
+707
| +5% | +$23K |
|
1308
S&T Bancorp
STBA
$1.82B
| $558K | ﹤0.01% |
23,778
-4,423
| -16% | -$107K |
|
1309
Avantor
AVTR
$8.91B
| $556K | ﹤0.01% |
32,710
-6
| -0% | -$98 |
|
|
JNPR
1310
DELISTED
Juniper Networks
JNPR
| $556K | ﹤0.01% |
24,286
-21,414
| -47% | -$493K |
|
1311
MKS Inc
MKSI
$19.7B
| $556K | ﹤0.01% |
4,923
-464
| -9% | -$46.2K |
|
1312
Methode Electronics
MEI
$585M
| $555K | ﹤0.01% |
17,697
-2,814
| -14% | -$84.4K |
|
1313
First Trust NYSE Arca Biotechnology Index Fund
FBT
$2.74B
| $553K | ﹤0.01% |
3,299
-2,754
| -45% | -$432K |
|
|
AYX
1314
DELISTED
Alteryx Inc
AYX
| $553K | ﹤0.01% |
3,369
+498
| +17% | +$64.5K |
|
|
EPAY
1315
DELISTED
Bottomline Technologies Inc
EPAY
| $553K | ﹤0.01% |
10,905
+3,157
| +41% | +$141K |
|
|
WORK
1316
DELISTED
Slack Technologies, Inc.
WORK
| $552K | ﹤0.01% |
17,728
+7,388
| +71% | +$222K |
|
1317
Fox Class B
FOX
$23.2B
| $551K | ﹤0.01% |
20,512
+14,511
| +242% | +$386K |
|
1318
Vanguard S&P 500 Growth ETF
VOOG
$27B
| $550K | ﹤0.01% |
17,658
+1,032
| +6% | +$29.7K |
|
1319
Palomar
PLMR
$3.63B
| $549K | ﹤0.01% |
6,411
-1,429
| -18% | -$94.8K |
|
|
FLIR
1320
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| $549K | ﹤0.01% |
13,541
+3,759
| +38% | +$156K |
|
|
DOCU
1321
DocuSign
DOCU
$10.9B
| $547K | ﹤0.01% |
3,182
+2,220
| +231% | +$280K |
|
1322
Guidewire Software
GWRE
$13.3B
| $544K | ﹤0.01% |
4,900
+1,270
| +35% | +$122K |
|
|
IGD
1323
Voya Global Equity Dividend and Premium Opportunity Fund
IGD
$517M
| $543K | ﹤0.01% |
112,352
| – | – |
|
1324
Provident Financial Services
PFS
$3.23B
| $543K | ﹤0.01% |
37,554
+4,592
| +14% | +$61.4K |
|
1325
Murphy Oil
MUR
$4.74B
| $542K | ﹤0.01% |
39,206
-4,763
| -11% | -$54.7K |
|
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.