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 |
Chubb
CB
|
+$167M |
| 2 |
State Street Utilities Select Sector SPDR ETF
XLU
|
+$138M |
| 3 |
State Street Consumer Staples Select Sector SPDR ETF
XLP
|
+$136M |
| 4 |
Meta Platforms (Facebook)
META
|
+$106M |
| 5 |
Hormel Foods
HRL
|
+$81.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
VF Corp
VFC
|
+$685M |
| 2 |
CB
CHUBB CORPORATION
CB
|
+$347M |
| 3 |
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
|
+$96.2M |
| 4 |
State Street Technology Select Sector SPDR ETF
XLK
|
+$89.9M |
| 5 |
Boeing
BA
|
+$80M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 21.26% |
| 2 | Consumer Discretionary | 14.86% |
| 3 | Healthcare | 7.73% |
| 4 | Consumer Staples | 6.91% |
| 5 | Industrials | 6.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
American Electric Power
AEP
$72.4B
| $144M | 0.17% |
2,161,642
+267,084
| +14% | +$16.5M |
|
127
Cigna
CI
$79.6B
| $142M | 0.17% |
1,032,744
-3,415
| -0.3% | -$469K |
|
|
MLPI
128
DELISTED
UBS E-TRACS Alerian MLP Infrastructure ETN
MLPI
| $141M | 0.16% |
5,845,281
+98,292
| +2% | +$2.18M |
|
129
Qualcomm
QCOM
$172B
| $139M | 0.16% |
2,721,869
-366,116
| -12% | -$17.8M |
|
130
Walmart Inc
WMT
$900B
| $138M | 0.16% |
6,030,576
-213,348
| -3% | -$4.68M |
|
131
Vanguard Mid-Cap Growth ETF
VOT
$19.1B
| $137M | 0.16% |
1,363,546
-6,368
| -0.5% | -$594K |
|
|
RTN
132
DELISTED
Raytheon Company
RTN
| $137M | 0.16% |
1,113,575
+554,188
| +99% | +$68.3M |
|
133
UnitedHealth
UNH
$389B
| $136M | 0.16% |
1,058,687
-6,038
| -0.6% | -$714K |
|
134
Kroger
KR
$36.3B
| $136M | 0.16% |
3,558,938
-1,104,295
| -24% | -$42.6M |
|
135
Cintas
CTAS
$86B
| $132M | 0.15% |
5,886,540
+115,892
| +2% | +$2.49M |
|
136
Principal Financial Group
PFG
$24.5B
| $131M | 0.15% |
3,309,680
-22,318
| -0.7% | -$859K |
|
137
Target
TGT
$65.5B
| $128M | 0.15% |
1,554,286
+1,103
| +0.1% | +$83.3K |
|
138
Lam Research
LRCX
$337B
| $127M | 0.15% |
15,335,230
+3,959,900
| +35% | +$28.8M |
|
139
TotalEnergies
TTE
$187B
| $126M | 0.15% |
2,774,206
+465,256
| +20% | +$20.5M |
|
140
O'Reilly Automotive
ORLY
$75.6B
| $123M | 0.14% |
6,719,565
+554,085
| +9% | +$9.46M |
|
141
TE Connectivity
TEL
$62.1B
| $121M | 0.14% |
1,961,068
+36,271
| +2% | +$2.11M |
|
142
iShares TIPS Bond ETF
TIP
$14.5B
| $121M | 0.14% |
1,054,754
+7,198
| +0.7% | +$804K |
|
143
Check Point Software Technologies
CHKP
$14.1B
| $120M | 0.14% |
1,369,440
+47,524
| +4% | +$3.82M |
|
144
Thermo Fisher Scientific
TMO
$214B
| $119M | 0.14% |
843,002
+51,562
| +7% | +$6.91M |
|
145
Vanguard Small-Cap Value ETF
VBR
$37.7B
| $115M | 0.13% |
1,131,376
+32,112
| +3% | +$3.02M |
|
146
T. Rowe Price
TROW
$26.1B
| $115M | 0.13% |
1,560,424
-30,689
| -2% | -$2.13M |
|
147
Mondelez International
MDLZ
$80.2B
| $114M | 0.13% |
2,851,017
-1,678,444
| -37% | -$68.3M |
|
148
American Express
AXP
$227B
| $114M | 0.13% |
1,855,752
-153,904
| -8% | -$8.95M |
|
149
Stryker
SYK
$133B
| $113M | 0.13% |
1,051,871
-70,418
| -6% | -$6.94M |
|
150
Alaska Air
ALK
$5.42B
| $110M | 0.13% |
1,341,025
+103,968
| +8% | +$7.68M |
|
Similar funds
PNC Financial Services Group's Q1 2016 Portfolio in Review
As of Q1 2016, PNC Financial Services Group held 4,763 positions worth $85.6B, up 0.82% from $84.9B the previous quarter. Its ten largest holdings account for 36% of the portfolio.
PNC Financial Services Group's Q1 2016 filing shows 225 new, 2,042 increased, 1,569 reduced and 175 closed positions. Its largest new stake was iShares Core Dividend Growth ETF: 543,116 shares worth $14.3M. The largest sale was VF Corp, an estimated $685M.
By sector, the portfolio is most concentrated in Financials at 21% of assets, down from 22% a quarter earlier, followed by Consumer Discretionary and Healthcare.
- PNC Financial Services Group's largest Q1 2016 buy was iShares Core Dividend Growth ETF: 543,116 shares worth $14.3M.
- PNC Financial Services Group added most to Chubb in Q1 2016, an estimated $167M increase.
- PNC Financial Services Group's biggest Q1 2016 reduction was VF Corp, cutting an estimated $685M.
- PNC Financial Services Group fully exited CHUBB CORPORATION in Q1 2016, selling an estimated $347M.
- PNC Financial Services Group's ten largest holdings make up 36% of its $85.6B portfolio in Q1 2016.
- PNC Financial Services Group opened 225 new positions and closed 175 in Q1 2016.
- PNC Financial Services Group's portfolio value rose 0.82% quarter-over-quarter to $85.6B.
Based on PNC Financial Services Group's 13F filing for Q1 2016, filed 6 May 2016.