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 |
M&T Bank
MTB
|
+$111M |
| 2 |
Progressive
PGR
|
+$95.1M |
| 3 |
Broadcom
AVGO
|
+$76.2M |
| 4 |
BP
BP
|
+$66.8M |
| 5 |
Bank of America
BAC
|
+$62.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TotalEnergies
TTE
|
+$2.85B |
| 2 |
iShares TIPS Bond ETF
TIP
|
+$199M |
| 3 |
Apple
AAPL
|
+$140M |
| 4 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$132M |
| 5 |
iShares S&P 500 Growth ETF
IVW
|
+$106M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 22.28% |
| 2 | Consumer Discretionary | 15.8% |
| 3 | Technology | 7.26% |
| 4 | Healthcare | 6.84% |
| 5 | Industrials | 5.25% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PDCO
1601
DELISTED
Patterson Companies, Inc.
PDCO
| $535K | ﹤0.01% |
24,538
-911
| -4% | -$20.2K |
|
1602
Encompass Health
EHC
$11B
| $532K | ﹤0.01% |
11,456
-53,376
| -82% | -$2.7M |
|
1603
Wheaton Precious Metals
WPM
$55.8B
| $529K | ﹤0.01% |
22,233
+12
| +0.1% | +$255 |
|
|
NUM
1604
DELISTED
Nuveen Michigan Quality Municipal Income Fund
NUM
| $529K | ﹤0.01% |
39,959
+14,904
| +59% | +$193K |
|
|
EVN
1605
Eaton Vance Municipal Income Trust
EVN
$419M
| $526K | ﹤0.01% |
43,088
+22,645
| +111% | +$266K |
|
1606
Coherent
COHR
$64.2B
| $522K | ﹤0.01% |
14,018
+241
| +2% | +$8.91K |
|
1607
Matrix Service
MTRX
$325M
| $521K | ﹤0.01% |
26,563
-929
| -3% | -$19K |
|
|
DS
1608
DELISTED
Drive Shack Inc.
DS
| $521K | ﹤0.01% |
116,249
-334
| -0.3% | -$1.51K |
|
1609
Main Street Capital
MAIN
$5.22B
| $520K | ﹤0.01% |
14,011
+2,027
| +17% | +$75.5K |
|
1610
Standex International
SXI
$3.95B
| $520K | ﹤0.01% |
7,084
+293
| +4% | +$22.2K |
|
1611
Okta
OKTA
$25.6B
| $519K | ﹤0.01% |
6,279
-21
| -0.3% | -$1.66K |
|
|
IFX
1612
DELISTED
INFINEON TECH AG ADS(REP1 ORD)
IFX
| $517K | ﹤0.01% |
26,022
+15,654
| +151% | +$311K |
|
1613
Norwood Financial Corp
NWFL
$371M
| $515K | ﹤0.01% |
16,739
| – | – |
|
|
BRKL
1614
DELISTED
Brookline Bancorp
BRKL
| $513K | ﹤0.01% |
35,628
-1,645
| -4% | -$24.7K |
|
|
GF
1615
New Germany Fund
GF
$185M
| $512K | ﹤0.01% |
36,496
+1,061
| +3% | +$14.3K |
|
1616
iShares Treasury Floating Rate Bond ETF
TFLO
$6.64B
| $512K | ﹤0.01% |
10,158
+3,358
| +49% | +$169K |
|
1617
Ovintiv
OVV
$16B
| $510K | ﹤0.01% |
14,099
+13,173
| +1,423% | +$452K |
|
1618
Carter's
CRI
$1.47B
| $509K | ﹤0.01% |
5,059
+2,977
| +143% | +$266K |
|
1619
Perrigo
PRGO
$1.84B
| $509K | ﹤0.01% |
10,572
+6,718
| +174% | +$314K |
|
1620
COPT Defense Properties
CDP
$4.24B
| $508K | ﹤0.01% |
18,594
+1,229
| +7% | +$31K |
|
1621
California Water Service
CWT
$3.08B
| $507K | ﹤0.01% |
9,321
+106
| +1% | +$5.33K |
|
1622
Assurant
AIZ
$14.9B
| $506K | ﹤0.01% |
5,352
+91
| +2% | +$8.81K |
|
1623
Bank OZK
OZK
$5.63B
| $506K | ﹤0.01% |
17,459
-1,842
| -10% | -$55.8K |
|
|
MHF
1624
Western Asset Municipal High Income Fund
MHF
$153M
| $504K | ﹤0.01% |
68,152
+21
| +0% | +$152 |
|
1625
U-Haul Holding Co
UHAL
$14.5B
| $503K | ﹤0.01% |
13,540
+3,070
| +29% | +$112K |
|
Similar funds
PNC Financial Services Group's Q1 2019 Portfolio in Review
As of Q1 2019, PNC Financial Services Group held 4,311 positions worth $99.9B, up 11% from $89.8B the previous quarter. Its ten largest holdings account for 38% of the portfolio.
PNC Financial Services Group's Q1 2019 filing shows 169 new, 1,634 increased, 1,606 reduced and 169 closed positions. Its largest new stake was MGM Growth Properties LLC Class A common shares representing limited liability company interests: 234,986 shares worth $7.58M. The largest sale was TotalEnergies, an estimated $2.85B.
By sector, the portfolio is most concentrated in Financials at 22% of assets, down from 23% a quarter earlier, followed by Consumer Discretionary and Technology.
- PNC Financial Services Group's largest Q1 2019 buy was MGM Growth Properties LLC Class A common shares representing limited liability company interests: 234,986 shares worth $7.58M.
- PNC Financial Services Group added most to M&T Bank in Q1 2019, an estimated $111M increase.
- PNC Financial Services Group's biggest Q1 2019 reduction was TotalEnergies, cutting an estimated $2.85B.
- PNC Financial Services Group fully exited Twenty-First Century Fox, Inc. Class B in Q1 2019, selling an estimated $17.5M.
- PNC Financial Services Group's ten largest holdings make up 38% of its $99.9B portfolio in Q1 2019.
- PNC Financial Services Group opened 169 new positions and closed 169 in Q1 2019.
- PNC Financial Services Group's portfolio value rose 11% quarter-over-quarter to $99.9B.
Based on PNC Financial Services Group's 13F filing for Q1 2019, filed 10 May 2019.