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 |
Truist Financial
TFC
|
+$157M |
| 2 |
iShares Core MSCI EAFE ETF
IEFA
|
+$122M |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$109M |
| 4 |
iShares Core S&P Small-Cap ETF
IJR
|
+$99.8M |
| 5 |
FMC
FMC
|
+$73M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
VF Corp
VFC
|
+$4.94B |
| 2 |
Kontoor Brands
KTB
|
+$278M |
| 3 |
STI
SunTrust Banks, Inc.
STI
|
+$166M |
| 4 |
Celanese
CE
|
+$110M |
| 5 |
Cisco
CSCO
|
+$78.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 24.81% |
| 2 | Consumer Discretionary | 11.69% |
| 3 | Technology | 7.81% |
| 4 | Healthcare | 6.72% |
| 5 | Industrials | 4.66% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1501
Capri Holdings
CPRI
$1.88B
| $470K | ﹤0.01% |
12,334
+1,171
| +10% | +$40.4K |
|
1502
Perrigo
PRGO
$1.48B
| $470K | ﹤0.01% |
9,053
+201
| +2% | +$10.5K |
|
1503
Reaves Utility Income Fund
UTG
$3.55B
| $470K | ﹤0.01% |
12,681
+3,975
| +46% | +$146K |
|
1504
LXP Industrial Trust
LXP
$3.56B
| $469K | ﹤0.01% |
8,815
+574
| +7% | +$30.7K |
|
|
PTVCB
1505
DELISTED
Protective Insurance Corporation Class B Common Stock
PTVCB
| $469K | ﹤0.01% |
29,132
| – | – |
|
|
MTSC
1506
DELISTED
MTS Systems Corp
MTSC
| $469K | ﹤0.01% |
9,757
+783
| +9% | +$41.6K |
|
1507
Vanguard Russell 2000 ETF
VTWO
$17.6B
| $468K | ﹤0.01% |
7,020
-50
| -0.7% | -$3.18K |
|
1508
Bright Horizons
BFAM
$4.01B
| $465K | ﹤0.01% |
3,096
-36,732
| -92% | -$5.51M |
|
1509
Carter's
CRI
$1.46B
| $465K | ﹤0.01% |
4,242
-3,407
| -45% | -$345K |
|
1510
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
$4.72B
| $465K | ﹤0.01% |
320
-90
| -22% | -$133K |
|
1511
Rush Enterprises Class A
RUSHA
$6.29B
| $464K | ﹤0.01% |
22,410
-810
| -3% | -$15.8K |
|
1512
Invesco Quality Municipal Securities
IQI
$521M
| $463K | ﹤0.01% |
36,732
| – | – |
|
1513
Invesco Large Cap Growth ETF
PWB
$2.33B
| $463K | ﹤0.01% |
9,001
+1,483
| +20% | +$73K |
|
1514
JetBlue
JBLU
$2.35B
| $461K | ﹤0.01% |
24,665
-851
| -3% | -$15.8K |
|
1515
Park National Corp
PRK
$3.75B
| $461K | ﹤0.01% |
4,495
| – | – |
|
1516
TD Synnex
SNX
$20.3B
| $461K | ﹤0.01% |
7,170
+168
| +2% | +$10.1K |
|
|
THS
1517
DELISTED
Treehouse Foods
THS
| $461K | ﹤0.01% |
9,496
+1,605
| +20% | +$82.2K |
|
|
FBGX
1518
DELISTED
UBS AG FI Enhanced Large Cap Growth ETN
FBGX
| $461K | ﹤0.01% |
1,382
-332
| -19% | -$100K |
|
1519
Artisan Partners
APAM
$2.99B
| $460K | ﹤0.01% |
14,201
-141,534
| -91% | -$4.09M |
|
1520
Columbia Banking Systems
COLB
$8.91B
| $460K | ﹤0.01% |
11,302
+1,315
| +13% | +$51.2K |
|
1521
Ziff Davis
ZD
$1.99B
| $458K | ﹤0.01% |
5,632
-25,973
| -82% | -$2.15M |
|
|
XLRN
1522
DELISTED
Acceleron Pharma
XLRN
| $458K | ﹤0.01% |
8,618
+732
| +9% | +$33.4K |
|
1523
Uber
UBER
$146B
| $457K | ﹤0.01% |
15,402
+5,193
| +51% | +$154K |
|
1524
WaFd
WAFD
$2.76B
| $457K | ﹤0.01% |
12,509
+539
| +5% | +$19.8K |
|
|
CVET
1525
DELISTED
Covetrus, Inc. Common Stock
CVET
| $457K | ﹤0.01% |
34,667
+392
| +1% | +$4.75K |
|
Similar funds
PNC Financial Services Group's Q4 2019 Portfolio in Review
As of Q4 2019, PNC Financial Services Group held 4,271 positions worth $102B, up 1.3% from $100B the previous quarter. Its ten largest holdings account for 38% of the portfolio.
PNC Financial Services Group withdrew a net $6.43B in Q4 2019, closing 201 positions and reducing 1,781 holdings. Its most notable exit was SunTrust Banks, Inc., an estimated $166M position sold in full.
By sector, the portfolio is most concentrated in Financials at 25% of assets, up from 23% a quarter earlier, followed by Consumer Discretionary and Technology.
Against the trend, PNC Financial Services Group opened a new position in VanEck High Yield Muni ETF worth $4.66M.
- PNC Financial Services Group's largest Q4 2019 buy was VanEck High Yield Muni ETF: 72,724 shares worth $4.66M.
- PNC Financial Services Group added most to Truist Financial in Q4 2019, an estimated $157M increase.
- PNC Financial Services Group's biggest Q4 2019 reduction was VF Corp, cutting an estimated $4.94B.
- PNC Financial Services Group fully exited SunTrust Banks, Inc. in Q4 2019, selling an estimated $166M.
- PNC Financial Services Group's ten largest holdings make up 38% of its $102B portfolio in Q4 2019.
- PNC Financial Services Group opened 175 new positions and closed 201 in Q4 2019.
- PNC Financial Services Group's portfolio value rose 1.3% quarter-over-quarter to $102B.
Based on PNC Financial Services Group's 13F filing for Q4 2019, filed 7 Feb 2020.