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 Intl Quality Factor ETF
IQLT
|
+$944M |
| 2 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$824M |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$391M |
| 4 |
iShares US Treasury Bond ETF
GOVT
|
+$309M |
| 5 |
State Street SPDR Portfolio S&P 600 Small Cap ETF
SPSM
|
+$55.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Erie Indemnity
ERIE
|
+$7.48B |
| 2 |
Invesco QQQ Trust
QQQ
|
+$213M |
| 3 |
iShares 7-10 Year Treasury Bond ETF
IEF
|
+$171M |
| 4 |
Apple
AAPL
|
+$103M |
| 5 |
Fidelity MSCI Real Estate Index ETF
FREL
|
+$92.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 26.62% |
| 2 | Technology | 10.6% |
| 3 | Financials | 6.29% |
| 4 | Consumer Discretionary | 5.24% |
| 5 | Consumer Staples | 4.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
WIRE
1376
DELISTED
Encore Wire Corp
WIRE
| $648K | ﹤0.01% |
3,484
-949
| -21% | -$161K |
|
1377
PIMCO Corporate & Income Opportunity Fund
PTY
$2.5B
| $647K | ﹤0.01% |
46,197
| – | – |
|
1378
ORIX
IX
$45.1B
| $647K | ﹤0.01% |
35,445
+4,855
| +16% | +$84.1K |
|
1379
NCR Voyix
VYX
$1.31B
| $646K | ﹤0.01% |
41,798
-15,417
| -27% | -$222K |
|
1380
Blue Owl Capital
OWL
$7.81B
| $645K | ﹤0.01% |
55,377
-1,480
| -3% | -$15.9K |
|
|
LSI
1381
DELISTED
Life Storage, Inc.
LSI
| $645K | ﹤0.01% |
4,852
-165
| -3% | -$21.9K |
|
|
AL
1382
DELISTED
Air Lease Corp
AL
| $645K | ﹤0.01% |
15,413
-1,971
| -11% | -$78.1K |
|
1383
Urban Outfitters
URBN
$6.67B
| $642K | ﹤0.01% |
19,383
-554
| -3% | -$16.2K |
|
1384
Power Integrations
POWI
$3.45B
| $642K | ﹤0.01% |
6,777
-109
| -2% | -$9.1K |
|
|
B
1385
DELISTED
Barnes Group Inc.
B
| $640K | ﹤0.01% |
15,178
+621
| +4% | +$25.3K |
|
1386
PTC
PTC
$15.1B
| $639K | ﹤0.01% |
4,494
+286
| +7% | +$37.9K |
|
1387
Lantheus
LNTH
$6.61B
| $638K | ﹤0.01% |
7,603
+770
| +11% | +$69.1K |
|
|
SPR
1388
DELISTED
Spirit AeroSystems
SPR
| $637K | ﹤0.01% |
21,825
+119
| +0.5% | +$3.43K |
|
1389
Grand Canyon Education
LOPE
$3.92B
| $636K | ﹤0.01% |
6,163
+37
| +0.6% | +$4.07K |
|
1390
Coca-Cola Consolidated
COKE
$12.3B
| $635K | ﹤0.01% |
9,980
-310
| -3% | -$19.2K |
|
1391
Casey's General Stores
CASY
$31.6B
| $634K | ﹤0.01% |
2,601
-57
| -2% | -$12.9K |
|
1392
LPL Financial
LPLA
$28.3B
| $634K | ﹤0.01% |
2,914
-617
| -17% | -$124K |
|
1393
AppFolio
APPF
$6.84B
| $631K | ﹤0.01% |
3,667
+130
| +4% | +$18.9K |
|
|
ECC
1394
Eagle Point Credit Company
ECC
$510M
| $630K | ﹤0.01% |
62,050
+1,400
| +2% | +$15.2K |
|
1395
Agree Realty
ADC
$9.46B
| $629K | ﹤0.01% |
9,619
+672
| +8% | +$44.5K |
|
|
MHN
1396
DELISTED
BlackRock MuniHoldings New Yrok Quality Fund
MHN
| $629K | ﹤0.01% |
60,000
| – | – |
|
1397
Winnebago Industries
WGO
$904M
| $628K | ﹤0.01% |
9,413
-104
| -1% | -$6.21K |
|
1398
Dorman Products
DORM
$4.23B
| $626K | ﹤0.01% |
7,941
-323
| -4% | -$27.2K |
|
1399
CNX Resources
CNX
$5.11B
| $625K | ﹤0.01% |
35,281
-1,142
| -3% | -$18.4K |
|
1400
VanEck Biotech ETF
BBH
$410M
| $624K | ﹤0.01% |
4,000
| – | – |
|
Similar funds
PNC Financial Services Group's Q2 2023 Portfolio in Review
As of Q2 2023, PNC Financial Services Group held 4,933 positions worth $117B, up 3% from $114B the previous quarter. Its ten largest holdings account for 41% of the portfolio.
PNC Financial Services Group withdrew a net $7.06B in Q2 2023, closing 201 positions and reducing 1,980 holdings. Its most notable exit was SPDR S&P 600 Small Cap ETF (based on S&P SmallCap 600 Index--symbol SML), an estimated $57.6M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 27% of assets, up from 22% a quarter earlier, followed by Technology and Financials.
Against the trend, PNC Financial Services Group opened a new position in TCW Transform 500 ETF worth $7.99M.
- PNC Financial Services Group's largest Q2 2023 buy was TCW Transform 500 ETF: 154,866 shares worth $7.99M.
- PNC Financial Services Group added most to iShares MSCI Intl Quality Factor ETF in Q2 2023, an estimated $944M increase.
- PNC Financial Services Group's biggest Q2 2023 reduction was Erie Indemnity, cutting an estimated $7.48B.
- PNC Financial Services Group fully exited SPDR S&P 600 Small Cap ETF (based on S&P SmallCap 600 Index--symbol SML) in Q2 2023, selling an estimated $57.6M.
- PNC Financial Services Group's ten largest holdings make up 41% of its $117B portfolio in Q2 2023.
- PNC Financial Services Group opened 225 new positions and closed 201 in Q2 2023.
- PNC Financial Services Group's portfolio value rose 3% quarter-over-quarter to $117B.
Based on PNC Financial Services Group's 13F filing for Q2 2023, filed 11 Aug 2023.