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 |
Fidelity MSCI Real Estate Index ETF
FREL
|
+$233M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$204M |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$119M |
| 4 |
Intel
INTC
|
+$95M |
| 5 |
iShares Core MSCI EAFE ETF
IEFA
|
+$80.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Blackrock
BLK
|
+$17.1B |
| 2 |
Schwab US REIT ETF
SCHH
|
+$179M |
| 3 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$94.5M |
| 4 |
Waste Management
WM
|
+$86.6M |
| 5 |
RTN
Raytheon Company
RTN
|
+$67.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 12.03% |
| 2 | Consumer Discretionary | 11.38% |
| 3 | Healthcare | 8.84% |
| 4 | Financials | 8.61% |
| 5 | Consumer Staples | 5.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1501
Exelixis
EXEL
$13.1B
| $398K | ﹤0.01% |
16,804
+4,212
| +33% | +$97.6K |
|
1502
TechnipFMC
FTI
$27.3B
| $398K | ﹤0.01% |
78,183
-20,785
| -21% | -$121K |
|
1503
PRA Group
PRAA
$692M
| $398K | ﹤0.01% |
10,291
-15,409
| -60% | -$489K |
|
|
DMC
1504
Del Monte Corp
DMC
$1.41B
| $397K | ﹤0.01% |
16,145
+14,813
| +1,112% | +$388K |
|
1505
iShares Short Maturity Bond ETF
NEAR
$4.85B
| $397K | ﹤0.01% |
7,938
+5,271
| +198% | +$261K |
|
|
BSE
1506
DELISTED
BLACKROCK NEW YORK MUNICIPAL INCOME QUALITY TRUST
BSE
| $396K | ﹤0.01% |
30,000
| – | – |
|
1507
Invesco S&P 500 High Beta ETF
SPHB
$1.01B
| $394K | ﹤0.01% |
9,849
+7,013
| +247% | +$255K |
|
|
IDLB
1508
DELISTED
Invesco FTSE International Low Beta Equal Weight ETF
IDLB
| $394K | ﹤0.01% |
15,765
+1,546
| +11% | +$37K |
|
|
MNTA
1509
DELISTED
Momenta Pharmaceuticals, Inc.
MNTA
| $391K | ﹤0.01% |
11,772
+846
| +8% | +$26.9K |
|
1510
Saia
SAIA
$9.65B
| $390K | ﹤0.01% |
3,508
+12
| +0.3% | +$1.15K |
|
|
CTB
1511
DELISTED
Cooper Tire & Rubber Co.
CTB
| $390K | ﹤0.01% |
14,095
+38
| +0.3% | +$874 |
|
1512
Bridgford Foods
BRID
$57.1M
| $388K | ﹤0.01% |
23,418
| – | – |
|
|
B
1513
DELISTED
Barnes Group Inc.
B
| $388K | ﹤0.01% |
9,814
+204
| +2% | +$7.83K |
|
|
GLUU
1514
DELISTED
Glu Mobile Inc.
GLUU
| $388K | ﹤0.01% |
41,855
+16,051
| +62% | +$137K |
|
|
MQT
1515
DELISTED
BlackRock MuniYield Quality Fund II
MQT
| $386K | ﹤0.01% |
30,189
-5,700
| -16% | -$70.1K |
|
|
VRTU
1516
DELISTED
Virtusa Corporation
VRTU
| $386K | ﹤0.01% |
11,879
+155
| +1% | +$4.8K |
|
|
AJRD
1517
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $385K | ﹤0.01% |
9,713
-1,103
| -10% | -$45.9K |
|
1518
WaFd
WAFD
$2.77B
| $384K | ﹤0.01% |
14,305
+350
| +3% | +$9.02K |
|
1519
First Trust Consumer Discretionary AlphaDEX Fund
FXD
$273M
| $383K | ﹤0.01% |
10,252
-1,400
| -12% | -$47.1K |
|
1520
Floor & Decor
FND
$6.39B
| $382K | ﹤0.01% |
6,640
-65,024
| -91% | -$2.97M |
|
1521
NCR Voyix
VYX
$1.15B
| $382K | ﹤0.01% |
35,971
+3,448
| +11% | +$39.5K |
|
1522
XPO
XPO
$23B
| $382K | ﹤0.01% |
14,289
+1,526
| +12% | +$36.5K |
|
1523
Silgan Holdings
SLGN
$4.39B
| $381K | ﹤0.01% |
11,785
-2,009
| -15% | -$65.4K |
|
1524
H&R Block
HRB
$5.82B
| $379K | ﹤0.01% |
26,513
-656
| -2% | -$10.4K |
|
1525
United Therapeutics
UTHR
$22.6B
| $379K | ﹤0.01% |
3,124
-69
| -2% | -$7.76K |
|
Similar funds
PNC Financial Services Group's Q2 2020 Portfolio in Review
As of Q2 2020, PNC Financial Services Group held 4,207 positions worth $75.2B, down 5.4% from $79.5B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
PNC Financial Services Group withdrew a net $17.5B in Q2 2020, closing 198 positions and reducing 1,806 holdings. Its most notable exit was Raytheon Company, an estimated $67.3M position sold in full.
By sector, the portfolio is most concentrated in Technology at 12% of assets, up from 8.7% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, PNC Financial Services Group opened a new position in Fidelity MSCI Real Estate Index ETF worth $242M.
- PNC Financial Services Group's largest Q2 2020 buy was Fidelity MSCI Real Estate Index ETF: 10,344,502 shares worth $242M.
- PNC Financial Services Group added most to Invesco QQQ Trust in Q2 2020, an estimated $204M increase.
- PNC Financial Services Group's biggest Q2 2020 reduction was Blackrock, cutting an estimated $17.1B.
- PNC Financial Services Group fully exited Raytheon Company in Q2 2020, selling an estimated $67.3M.
- PNC Financial Services Group's ten largest holdings make up 26% of its $75.2B portfolio in Q2 2020.
- PNC Financial Services Group opened 202 new positions and closed 198 in Q2 2020.
- PNC Financial Services Group's portfolio value fell 5.4% quarter-over-quarter to $75.2B.
Based on PNC Financial Services Group's 13F filing for Q2 2020, filed 7 Aug 2020.