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 | |
|---|---|---|---|---|---|---|
1401
BlackRock Enhanced International Dividend Trust
BGY
$529M
| $624K | ﹤0.01% |
115,480
| – | – |
|
|
PDCE
1402
DELISTED
PDC Energy, Inc.
PDCE
| $623K | ﹤0.01% |
9,709
+960
| +11% | +$62.1K |
|
1403
Vanguard Global ex-US Real Estate ETF
VNQI
$3.53B
| $623K | ﹤0.01% |
15,356
+105
| +0.7% | +$4.44K |
|
|
AJRD
1404
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $622K | ﹤0.01% |
11,077
-1,894
| -15% | -$106K |
|
1405
H&R Block
HRB
$5.86B
| $618K | ﹤0.01% |
17,541
+302
| +2% | +$11.2K |
|
1406
Pearson
PSO
$9.9B
| $618K | ﹤0.01% |
59,113
-21,070
| -26% | -$228K |
|
1407
NNN REIT
NNN
$8.99B
| $617K | ﹤0.01% |
13,986
-4,130
| -23% | -$188K |
|
1408
Global Partners
GLP
$1.7B
| $617K | ﹤0.01% |
19,900
+1,000
| +5% | +$33.8K |
|
1409
Korn Ferry
KFY
$4.28B
| $616K | ﹤0.01% |
11,909
+1,885
| +19% | +$102K |
|
1410
Option Care Health
OPCH
$3.56B
| $616K | ﹤0.01% |
19,377
-2,364
| -11% | -$70.8K |
|
1411
Amplify Cybersecurity ETF
HACK
$2.9B
| $615K | ﹤0.01% |
12,864
-164
| -1% | -$7.5K |
|
1412
Cannae Holdings
CNNE
$649M
| $615K | ﹤0.01% |
30,468
+10,631
| +54% | +$235K |
|
1413
Agree Realty
ADC
$9.41B
| $614K | ﹤0.01% |
8,947
-7,132
| -44% | -$509K |
|
1414
Omnicell
OMCL
$1.68B
| $612K | ﹤0.01% |
10,429
+3,733
| +56% | +$206K |
|
1415
Globant
GLOB
$1.61B
| $612K | ﹤0.01% |
3,730
-18
| -0.5% | -$2.94K |
|
1416
Steven Madden
SHOO
$3.55B
| $610K | ﹤0.01% |
16,941
+307
| +2% | +$10.6K |
|
1417
AGNC Investment
AGNC
$12.9B
| $607K | ﹤0.01% |
60,250
+6,266
| +12% | +$68.1K |
|
1418
Xometry
XMTR
$5.34B
| $604K | ﹤0.01% |
40,346
+39,617
| +5,434% | +$1.04M |
|
1419
ClearBridge Dividend Strategy ESG ETF
YLDE
$169M
| $604K | ﹤0.01% |
15,198
+1,561
| +11% | +$61.7K |
|
1420
Wolfspeed
WOLF
$1.71B
| $603K | ﹤0.01% |
9,284
+3,147
| +51% | +$230K |
|
|
ESTE
1421
DELISTED
Earthstone Energy Inc. Class A Common Stock
ESTE
| $602K | ﹤0.01% |
46,260
+5,879
| +15% | +$78.9K |
|
1422
Manhattan Associates
MANH
$11.4B
| $602K | ﹤0.01% |
3,886
-355
| -8% | -$48.9K |
|
1423
Greystone Housing Impact Investors LP
GHI
$135M
| $601K | ﹤0.01% |
35,337
+363
| +1% | +$6.43K |
|
1424
Royce Value Trust
RVT
$2.3B
| $601K | ﹤0.01% |
44,262
| – | – |
|
1425
Roblox
RBLX
$27B
| $601K | ﹤0.01% |
13,353
-8,419
| -39% | -$322K |
|
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.