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 USA Min Vol Factor ETF
USMV
|
+$283M |
| 2 |
WisdomTree Trust WisdomTree US Quality Dividend Growth Fund
DGRW
|
+$208M |
| 3 |
Dimensional International Value ETF
DFIV
|
+$155M |
| 4 |
Honeywell
HON
|
+$99M |
| 5 |
iShares US Treasury Bond ETF
GOVT
|
+$92.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$227M |
| 2 |
iShares MSCI EAFE Value ETF
EFV
|
+$121M |
| 3 |
Lockheed Martin
LMT
|
+$82M |
| 4 |
Apple
AAPL
|
+$74.7M |
| 5 |
Waste Management
WM
|
+$69.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 28.9% |
| 2 | Technology | 10.12% |
| 3 | Financials | 6.81% |
| 4 | Consumer Discretionary | 5.14% |
| 5 | Industrials | 3.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1501
FlexShares Global Upstream Natural Resources Index Fund
GUNR
$7.32B
| $508K | ﹤0.01% |
12,407
+661
| +6% | +$26.3K |
|
1502
American Financial Group
AFG
$12.1B
| $507K | ﹤0.01% |
4,266
-180
| -4% | -$20.3K |
|
1503
Cohen & Steers REIT and Preferred and Income Fund
RNP
$989M
| $507K | ﹤0.01% |
25,139
-201
| -0.8% | -$3.59K |
|
|
SPLK
1504
DELISTED
Splunk Inc
SPLK
| $506K | ﹤0.01% |
3,321
-5,970
| -64% | -$892K |
|
1505
Miller Industries
MLR
$619M
| $503K | ﹤0.01% |
11,900
| – | – |
|
1506
Coca-Cola Femsa
KOF
$23.2B
| $503K | ﹤0.01% |
5,314
-4,415
| -45% | -$368K |
|
1507
OSI Systems
OSIS
$3.89B
| $503K | ﹤0.01% |
3,896
+178
| +5% | +$21.2K |
|
1508
Helen of Troy
HELE
$693M
| $503K | ﹤0.01% |
4,161
-49
| -1% | -$5.28K |
|
1509
Franklin US Low Volatility High Dividend Index ETF
LVHD
$624M
| $502K | ﹤0.01% |
13,806
+4,733
| +52% | +$163K |
|
1510
Fluor
FLR
$7.96B
| $501K | ﹤0.01% |
12,788
-565
| -4% | -$20.9K |
|
1511
Compass Diversified
CODI
$828M
| $500K | ﹤0.01% |
22,291
+191
| +0.9% | +$3.74K |
|
1512
BNY Mellon US Small Cap Core Equity ETF
BKSE
$90M
| $500K | ﹤0.01% |
+16,050
| New | +$445K |
|
1513
Xtrackers MSCI EAFE Hedged Equity ETF
DBEF
$9.39B
| $500K | ﹤0.01% |
13,526
+2
| +0% | +$71 |
|
1514
Assured Guaranty
AGO
$3.34B
| $500K | ﹤0.01% |
6,679
+46
| +0.7% | +$3.04K |
|
|
X
1515
DELISTED
US Steel
X
| $499K | ﹤0.01% |
10,260
-709
| -6% | -$25.8K |
|
1516
First Trust Consumer Discretionary AlphaDEX Fund
FXD
$276M
| $499K | ﹤0.01% |
8,458
+26
| +0.3% | +$1.36K |
|
|
IFX
1517
DELISTED
INFINEON TECH AG ADS(REP1 ORD)
IFX
| $498K | ﹤0.01% |
11,909
-796
| -6% | -$33.3K |
|
1518
Brookfield Renewable
BEPC
$6.26B
| $498K | ﹤0.01% |
17,295
+3,325
| +24% | +$84.8K |
|
1519
Blackbaud
BLKB
$2.08B
| $496K | ﹤0.01% |
5,716
-400
| -7% | -$30.3K |
|
1520
O-I Glass
OI
$1.08B
| $495K | ﹤0.01% |
30,237
+358
| +1% | +$5.52K |
|
1521
Radian Group
RDN
$4.93B
| $494K | ﹤0.01% |
17,309
-5,060
| -23% | -$133K |
|
1522
Frontline
FRO
$8.85B
| $492K | ﹤0.01% |
24,556
+22,778
| +1,281% | +$471K |
|
1523
First Trust Large Cap Growth AlphaDEX Fund
FTC
$1.38B
| $492K | ﹤0.01% |
4,490
-42,221
| -90% | -$4.27M |
|
1524
Invesco Large Cap Growth ETF
PWB
$2.39B
| $491K | ﹤0.01% |
6,321
+1,710
| +37% | +$123K |
|
1525
US Foods
USFD
$24B
| $491K | ﹤0.01% |
10,813
-236
| -2% | -$9.76K |
|
Similar funds
PNC Financial Services Group's Q4 2023 Portfolio in Review
As of Q4 2023, PNC Financial Services Group held 4,877 positions worth $127B, up 9% from $117B the previous quarter. Its ten largest holdings account for 43% of the portfolio.
PNC Financial Services Group's Q4 2023 filing shows 263 new, 1,410 increased, 2,264 reduced and 260 closed positions. Its largest new stake was Veralto: 94,572 shares worth $7.78M. The largest sale was iShares MSCI USA Quality Factor ETF, an estimated $227M.
By sector, the portfolio is most concentrated in Healthcare at 29% of assets, down from 29% a quarter earlier, followed by Technology and Financials.
- PNC Financial Services Group's largest Q4 2023 buy was Veralto: 94,572 shares worth $7.78M.
- PNC Financial Services Group added most to iShares MSCI USA Min Vol Factor ETF in Q4 2023, an estimated $283M increase.
- PNC Financial Services Group's biggest Q4 2023 reduction was iShares MSCI USA Quality Factor ETF, cutting an estimated $227M.
- PNC Financial Services Group fully exited Activision Blizzard in Q4 2023, selling an estimated $14.4M.
- PNC Financial Services Group's ten largest holdings make up 43% of its $127B portfolio in Q4 2023.
- PNC Financial Services Group opened 263 new positions and closed 260 in Q4 2023.
- PNC Financial Services Group's portfolio value rose 9% quarter-over-quarter to $127B.
Based on PNC Financial Services Group's 13F filing for Q4 2023, filed 9 Feb 2024.