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 MSCI USA Min Vol Factor ETF
USMV
|
+$283M |
| 2 |
WisdomTree Trust WisdomTree US Quality Dividend Growth Fund
DGRW
|
+$208M |
| 3 |
Dimensional International Value ETF
DFIV
|
+$155M |
| 4 |
Honeywell
HON
|
+$99M |
| 5 |
iShares US Treasury Bond ETF
GOVT
|
+$92.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$227M |
| 2 |
iShares MSCI EAFE Value ETF
EFV
|
+$121M |
| 3 |
Lockheed Martin
LMT
|
+$82M |
| 4 |
Apple
AAPL
|
+$74.7M |
| 5 |
Waste Management
WM
|
+$69.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 28.9% |
| 2 | Technology | 10.12% |
| 3 | Financials | 6.81% |
| 4 | Consumer Discretionary | 5.14% |
| 5 | Industrials | 3.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1301
Banco Bradesco
BBD
$36.7B
| $732K | ﹤0.01% |
209,030
+43,837
| +27% | +$138K |
|
1302
Caesars Entertainment
CZR
$6.14B
| $728K | ﹤0.01% |
15,531
+580
| +4% | +$25.8K |
|
1303
LGI Homes
LGIH
$1.4B
| $726K | ﹤0.01% |
5,454
-203
| -4% | -$22.5K |
|
1304
California Water Service
CWT
$3.12B
| $723K | ﹤0.01% |
13,939
-1,206
| -8% | -$60.7K |
|
1305
Innoviva
INVA
$1.48B
| $722K | ﹤0.01% |
45,040
-1,069
| -2% | -$14.9K |
|
1306
Lithia Motors
LAD
$8.26B
| $721K | ﹤0.01% |
2,190
-42
| -2% | -$11.5K |
|
1307
POSCO
PKX
$17.5B
| $718K | ﹤0.01% |
7,553
-70
| -0.9% | -$6.32K |
|
1308
Rexford Industrial Realty
REXR
$8.19B
| $718K | ﹤0.01% |
12,797
+4,954
| +63% | +$243K |
|
1309
M/I Homes
MHO
$3.84B
| $717K | ﹤0.01% |
5,202
+23
| +0.4% | +$2.3K |
|
1310
BJs Wholesale Club
BJ
$12.3B
| $715K | ﹤0.01% |
10,725
-5,816
| -35% | -$394K |
|
1311
Mattel
MAT
$4.3B
| $713K | ﹤0.01% |
37,753
-352
| -0.9% | -$6.85K |
|
1312
BlackRock Enhanced International Dividend Trust
BGY
$529M
| $713K | ﹤0.01% |
135,245
+13,175
| +11% | +$66.3K |
|
|
FRLA
1313
DELISTED
Fortune Rise Acquisition Corporation Class A Common Stock
FRLA
| $712K | ﹤0.01% |
65,000
| – | – |
|
1314
State Street SPDR S&P Oil & Gas Equipment & Services ETF
XES
$364M
| $712K | ﹤0.01% |
8,428
-6,290
| -43% | -$546K |
|
1315
Nice
NICE
$5.97B
| $710K | ﹤0.01% |
3,557
-350
| -9% | -$63K |
|
1316
Descartes Systems
DSGX
$6.82B
| $708K | ﹤0.01% |
8,421
-591
| -7% | -$46.1K |
|
1317
Matthews International
MATW
$739M
| $706K | ﹤0.01% |
19,269
+14,030
| +268% | +$514K |
|
1318
York Water
YORW
$514M
| $704K | ﹤0.01% |
18,232
+157
| +0.9% | +$5.91K |
|
1319
Mueller Water Products
MWA
$4.17B
| $702K | ﹤0.01% |
48,753
-3,171
| -6% | -$41.9K |
|
1320
Agnico Eagle Mines
AEM
$90.5B
| $699K | ﹤0.01% |
12,742
-1,570
| -11% | -$78.5K |
|
1321
Coca-Cola Consolidated
COKE
$12.8B
| $698K | ﹤0.01% |
7,520
-870
| -10% | -$63K |
|
1322
Globalstar
GSAT
$10.7B
| $698K | ﹤0.01% |
24,000
-218
| -0.9% | -$4.79K |
|
1323
iShares MSCI Global Sustainable Development Goals ETF
SDG
$175M
| $698K | ﹤0.01% |
8,614
-225
| -3% | -$17K |
|
1324
Bank First Corp
BFC
$1.7B
| $696K | ﹤0.01% |
8,032
-2,000
| -20% | -$165K |
|
1325
Valvoline
VVV
$4.51B
| $695K | ﹤0.01% |
18,493
-796
| -4% | -$26.6K |
|
Similar funds
PNC Financial Services Group's Q4 2023 Portfolio in Review
As of Q4 2023, PNC Financial Services Group held 4,877 positions worth $127B, up 9% from $117B the previous quarter. Its ten largest holdings account for 43% of the portfolio.
PNC Financial Services Group's Q4 2023 filing shows 263 new, 1,410 increased, 2,264 reduced and 260 closed positions. Its largest new stake was Veralto: 94,572 shares worth $7.78M. The largest sale was iShares MSCI USA Quality Factor ETF, an estimated $227M.
By sector, the portfolio is most concentrated in Healthcare at 29% of assets, down from 29% a quarter earlier, followed by Technology and Financials.
- PNC Financial Services Group's largest Q4 2023 buy was Veralto: 94,572 shares worth $7.78M.
- PNC Financial Services Group added most to iShares MSCI USA Min Vol Factor ETF in Q4 2023, an estimated $283M increase.
- PNC Financial Services Group's biggest Q4 2023 reduction was iShares MSCI USA Quality Factor ETF, cutting an estimated $227M.
- PNC Financial Services Group fully exited Activision Blizzard in Q4 2023, selling an estimated $14.4M.
- PNC Financial Services Group's ten largest holdings make up 43% of its $127B portfolio in Q4 2023.
- PNC Financial Services Group opened 263 new positions and closed 260 in Q4 2023.
- PNC Financial Services Group's portfolio value rose 9% quarter-over-quarter to $127B.
Based on PNC Financial Services Group's 13F filing for Q4 2023, filed 9 Feb 2024.