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 Core S&P 500 ETF
IVV
|
+$698M |
| 2 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$88.6M |
| 3 |
Vanguard Total Bond Market
BND
|
+$85.9M |
| 4 |
Vanguard Tax-Exempt Bond Index Fund
VTEB
|
+$58.8M |
| 5 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$52M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$313M |
| 2 |
iShares Core MSCI EAFE ETF
IEFA
|
+$279M |
| 3 |
iShares Core US Aggregate Bond ETF
AGG
|
+$108M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$74.1M |
| 5 |
Y
Alleghany Corp
Y
|
+$74M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 25.55% |
| 2 | Technology | 9.08% |
| 3 | Financials | 7.39% |
| 4 | Consumer Discretionary | 6.14% |
| 5 | Consumer Staples | 4.75% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1601
Invesco Value Municipal Income Trust
IIM
$598M
| $439K | ﹤0.01% |
36,424
+1,851
| +5% | +$21.6K |
|
1602
National Bank Holdings
NBHC
$1.9B
| $438K | ﹤0.01% |
10,403
-997
| -9% | -$43.1K |
|
1603
Madison Square Garden
MSGS
$9.39B
| $438K | ﹤0.01% |
2,387
-134
| -5% | -$21K |
|
1604
Marcus & Millichap
MMI
$1.19B
| $437K | ﹤0.01% |
12,686
-1,125
| -8% | -$39.9K |
|
1605
Alamos Gold
AGI
$13.9B
| $436K | ﹤0.01% |
43,174
-9,813
| -19% | -$86.4K |
|
1606
Yeti Holdings
YETI
$3.95B
| $435K | ﹤0.01% |
10,540
-747
| -7% | -$28K |
|
1607
First Trust Consumer Discretionary AlphaDEX Fund
FXD
$276M
| $435K | ﹤0.01% |
9,039
-409
| -4% | -$19.6K |
|
1608
Corpay
CPAY
$25.7B
| $435K | ﹤0.01% |
2,370
-935
| -28% | -$171K |
|
1609
CRH
CRH
$66.8B
| $435K | ﹤0.01% |
10,923
+734
| +7% | +$27.5K |
|
1610
U-Haul Holding Co Series N
UHAL.B
$12.8B
| $434K | ﹤0.01% |
+7,893
| New | +$457K |
|
1611
Ubiquiti
UI
$34.3B
| $434K | ﹤0.01% |
1,586
+10
| +0.6% | +$2.98K |
|
1612
Compass Diversified
CODI
$828M
| $434K | ﹤0.01% |
23,790
+321
| +1% | +$6.03K |
|
1613
Asbury Automotive
ABG
$3.85B
| $433K | ﹤0.01% |
2,413
+398
| +20% | +$66.6K |
|
1614
Spire
SR
$4.85B
| $432K | ﹤0.01% |
6,273
-128
| -2% | -$8.71K |
|
1615
MongoDB
MDB
$32.1B
| $432K | ﹤0.01% |
2,193
+799
| +57% | +$142K |
|
1616
Shinhan Financial Group
SHG
$35.6B
| $431K | ﹤0.01% |
15,420
+816
| +6% | +$22K |
|
1617
Sarepta Therapeutics
SRPT
$1.77B
| $430K | ﹤0.01% |
3,319
-2,470
| -43% | -$286K |
|
1618
Tenaris
TS
$26.8B
| $430K | ﹤0.01% |
12,230
+134
| +1% | +$4.29K |
|
|
ABX
1619
Abacus Global Management
ABX
$913M
| $427K | ﹤0.01% |
42,000
| – | – |
|
1620
WaFd
WAFD
$2.75B
| $427K | ﹤0.01% |
12,717
+868
| +7% | +$30.3K |
|
1621
Champion Homes
SKY
$5.14B
| $427K | ﹤0.01% |
8,281
-1,703
| -17% | -$90.6K |
|
1622
Encompass Health
EHC
$12.4B
| $426K | ﹤0.01% |
7,129
-86
| -1% | -$4.68K |
|
1623
iShares Global Energy ETF
IXC
$2.76B
| $426K | ﹤0.01% |
10,918
-12,610
| -54% | -$494K |
|
1624
Chunghwa Telecom
CHT
$33B
| $425K | ﹤0.01% |
11,617
+179
| +2% | +$6.27K |
|
1625
Pinnacle Financial Partners Inc
PNFP
$15.8B
| $425K | ﹤0.01% |
5,787
-1,158
| -17% | -$93K |
|
Similar funds
PNC Financial Services Group's Q4 2022 Portfolio in Review
As of Q4 2022, PNC Financial Services Group held 4,959 positions worth $104B, up 8.9% from $95.6B the previous quarter. Its ten largest holdings account for 37% of the portfolio.
PNC Financial Services Group's Q4 2022 filing shows 366 new, 1,507 increased, 2,037 reduced and 197 closed positions. Its largest new stake was Hamilton Beach Brands: 485,076 shares worth $6.01M. The largest sale was Invesco QQQ Trust, an estimated $313M.
By sector, the portfolio is most concentrated in Healthcare at 26% of assets, up from 25% a quarter earlier, followed by Technology and Financials.
- PNC Financial Services Group's largest Q4 2022 buy was Hamilton Beach Brands: 485,076 shares worth $6.01M.
- PNC Financial Services Group added most to iShares Core S&P 500 ETF in Q4 2022, an estimated $698M increase.
- PNC Financial Services Group's biggest Q4 2022 reduction was Invesco QQQ Trust, cutting an estimated $313M.
- PNC Financial Services Group fully exited Alleghany Corp in Q4 2022, selling an estimated $74M.
- PNC Financial Services Group's ten largest holdings make up 37% of its $104B portfolio in Q4 2022.
- PNC Financial Services Group opened 366 new positions and closed 197 in Q4 2022.
- PNC Financial Services Group's portfolio value rose 8.9% quarter-over-quarter to $104B.
Based on PNC Financial Services Group's 13F filing for Q4 2022, filed 10 Feb 2023.