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 | |
|---|---|---|---|---|---|---|
1576
ProShares Ultra Financials
UYG
$847M
| $452K | ﹤0.01% |
8,190
| – | – |
|
|
MASI
1577
DELISTED
Masimo
MASI
| $451K | ﹤0.01% |
3,845
+63
| +2% | +$5.87K |
|
|
FLG
1578
Flagstar Bank National Association
FLG
$5.82B
| $450K | ﹤0.01% |
14,664
-8,654
| -37% | -$260K |
|
1579
Invesco Municipal Opportunity Trust
VMO
$663M
| $450K | ﹤0.01% |
46,822
-13,657
| -23% | -$120K |
|
1580
Jazz Pharmaceuticals
JAZZ
$16.7B
| $449K | ﹤0.01% |
3,653
-1,154
| -24% | -$144K |
|
1581
BlackRock Enhanced Global Dividend Trust
BOE
$684M
| $448K | ﹤0.01% |
45,154
-2,500
| -5% | -$24K |
|
1582
BlackRock Health Sciences Trust II
BMEZ
$998M
| $448K | ﹤0.01% |
30,559
+4,604
| +18% | +$64.3K |
|
1583
Nuveen ESG International Developed Markets Equity ETF
NUDM
$728M
| $447K | ﹤0.01% |
15,208
+1,381
| +10% | +$38.4K |
|
1584
Zillow
Z
$7.56B
| $447K | ﹤0.01% |
7,730
-260
| -3% | -$11.5K |
|
1585
Kohl's
KSS
$2.19B
| $446K | ﹤0.01% |
15,567
+2,754
| +21% | +$64.6K |
|
|
ESSA
1586
DELISTED
ESSA Bancorp
ESSA
| $446K | ﹤0.01% |
22,285
-1,583
| -7% | -$26.5K |
|
1587
Occidental Petroleum Corp Warrants
OXY.WS
$32B
| $445K | ﹤0.01% |
11,441
-487
| -4% | -$19.1K |
|
1588
iShares US Consumer Staples ETF
IYK
$1.41B
| $445K | ﹤0.01% |
6,963
-141
| -2% | -$8.77K |
|
1589
Pearson
PSO
$9.9B
| $443K | ﹤0.01% |
36,080
-2,835
| -7% | -$33K |
|
1590
Boston Beer
SAM
$1.92B
| $443K | ﹤0.01% |
1,282
-97
| -7% | -$34K |
|
1591
Flex
FLEX
$44.8B
| $442K | ﹤0.01% |
19,272
-8,421
| -30% | -$169K |
|
1592
Norwood Financial Corp
NWFL
$368M
| $442K | ﹤0.01% |
13,439
| – | – |
|
1593
Apple Hospitality REIT
APLE
$3.82B
| $442K | ﹤0.01% |
26,598
+1,357
| +5% | +$22K |
|
|
AIO
1594
Virtus Artificial Intelligence & Technology Opportunities Fund
AIO
$903M
| $441K | ﹤0.01% |
25,328
-17
| -0.1% | -$283 |
|
1595
Ralph Lauren
RL
$23.6B
| $440K | ﹤0.01% |
3,049
+15
| +0.5% | +$1.86K |
|
1596
Brookfield Infrastructure
BIPC
$4.85B
| $439K | ﹤0.01% |
12,455
+1,169
| +10% | +$37.2K |
|
|
HBI
1597
DELISTED
Hanesbrands
HBI
| $439K | ﹤0.01% |
98,431
-27,125
| -22% | -$110K |
|
1598
Vaxcyte
PCVX
$8.64B
| $439K | ﹤0.01% |
6,986
+1,411
| +25% | +$73.3K |
|
|
GTLS
1599
DELISTED
Chart Industries
GTLS
| $438K | ﹤0.01% |
3,215
-120
| -4% | -$16.2K |
|
|
MZTI
1600
The Marzetti Company
MZTI
$3.11B
| $438K | ﹤0.01% |
2,633
-76
| -3% | -$12.8K |
|
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.