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 | |
|---|---|---|---|---|---|---|
1451
Royal Gold
RGLD
$18.3B
| $567K | ﹤0.01% |
4,942
+23
| +0.5% | +$2.96K |
|
1452
Greystone Housing Impact Investors LP
GHI
$140M
| $567K | ﹤0.01% |
34,836
-501
| -1% | -$8.04K |
|
1453
iShares US Telecommunications ETF
IYZ
$1.24B
| $567K | ﹤0.01% |
25,635
-9,753
| -28% | -$213K |
|
1454
iShares ESG Aware US Aggregate Bond ETF
EAGG
$4.98B
| $566K | ﹤0.01% |
12,006
+1,112
| +10% | +$53K |
|
1455
Vishay Intertechnology
VSH
$5.09B
| $566K | ﹤0.01% |
19,250
-193
| -1% | -$4.72K |
|
1456
United Microelectronic
UMC
$48.4B
| $565K | ﹤0.01% |
71,632
+8,283
| +13% | +$68.2K |
|
1457
Allison Transmission
ALSN
$9.8B
| $565K | ﹤0.01% |
9,999
+196
| +2% | +$9.64K |
|
1458
Merchants Bancorp
MBIN
$2.55B
| $564K | ﹤0.01% |
22,030
| – | – |
|
1459
Roblox
RBLX
$25.9B
| $563K | ﹤0.01% |
13,962
+609
| +5% | +$24.4K |
|
1460
Celsius Holdings
CELH
$7.45B
| $562K | ﹤0.01% |
11,298
+1,152
| +11% | +$45.8K |
|
1461
NNN REIT
NNN
$9.01B
| $560K | ﹤0.01% |
13,090
-896
| -6% | -$38.6K |
|
1462
Vanguard International Dividend Appreciation ETF
VIGI
$9.18B
| $559K | ﹤0.01% |
7,450
-619
| -8% | -$46.6K |
|
1463
German American Bancorp
GABC
$1.92B
| $559K | ﹤0.01% |
20,563
-310
| -1% | -$9.03K |
|
1464
Manhattan Associates
MANH
$11.2B
| $559K | ﹤0.01% |
2,796
-1,090
| -28% | -$189K |
|
1465
CubeSmart
CUBE
$9.45B
| $558K | ﹤0.01% |
12,497
-231
| -2% | -$10.5K |
|
1466
Kulicke & Soffa
KLIC
$4.91B
| $558K | ﹤0.01% |
9,379
+3,802
| +68% | +$196K |
|
1467
Brookfield Infrastructure
BIPC
$4.94B
| $557K | ﹤0.01% |
12,225
+621
| +5% | +$28.2K |
|
1468
AXIS Capital
AXS
$7.61B
| $556K | ﹤0.01% |
10,323
-346
| -3% | -$18.9K |
|
1469
Bar Harbor Bankshares
BHB
$679M
| $555K | ﹤0.01% |
22,506
| – | – |
|
|
FRBK
1470
DELISTED
Republic First Bancorp Inc
FRBK
| $554K | ﹤0.01% |
615,000
+605,000
| +6,050% | +$692K |
|
1471
Mohawk Industries
MHK
$9.19B
| $553K | ﹤0.01% |
5,363
+934
| +21% | +$91.5K |
|
1472
iShares Self-Driving EV and Tech ETF
IDRV
$135M
| $551K | ﹤0.01% |
13,465
-323
| -2% | -$12.2K |
|
1473
Adams Diversified Equity Fund
ADX
$3.17B
| $549K | ﹤0.01% |
32,658
-1,240
| -4% | -$19.7K |
|
1474
Okta
OKTA
$25.6B
| $548K | ﹤0.01% |
7,898
+114
| +1% | +$8.66K |
|
|
SUM
1475
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $547K | ﹤0.01% |
14,452
-460
| -3% | -$14.2K |
|
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.