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
|
+$116M |
| 2 |
iShares US Treasury Bond ETF
GOVT
|
+$79M |
| 3 |
Atmos Energy
ATO
|
+$69.7M |
| 4 |
Marriott International
MAR
|
+$59M |
| 5 |
Hubbell
HUBB
|
+$53.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Eli Lilly
LLY
|
+$193M |
| 2 |
Kontoor Brands
KTB
|
+$118M |
| 3 |
Apple
AAPL
|
+$63.7M |
| 4 |
AbbVie
ABBV
|
+$52M |
| 5 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$50.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 32.64% |
| 2 | Technology | 9.43% |
| 3 | Financials | 6.82% |
| 4 | Consumer Discretionary | 4.55% |
| 5 | Industrials | 3.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1601
Wendy's
WEN
$1.46B
| $448K | ﹤0.01% |
23,762
+11,318
| +91% | +$213K |
|
1602
CNB Financial Corp
CCNE
$1.03B
| $447K | ﹤0.01% |
21,920
+13,079
| +148% | +$271K |
|
1603
Travel + Leisure Co
TNL
$4.7B
| $446K | ﹤0.01% |
9,119
-282
| -3% | -$12K |
|
1604
iRhythm Holdings
IRTC
$4.2B
| $446K | ﹤0.01% |
3,841
+3,770
| +5,310% | +$424K |
|
|
X
1605
DELISTED
US Steel
X
| $444K | ﹤0.01% |
10,892
+632
| +6% | +$28.9K |
|
1606
Tenaris
TS
$26.8B
| $444K | ﹤0.01% |
11,303
-515
| -4% | -$17.8K |
|
1607
Sprouts Farmers Market
SFM
$8.01B
| $442K | ﹤0.01% |
6,859
+1,149
| +20% | +$64K |
|
1608
Pearson
PSO
$9.9B
| $442K | ﹤0.01% |
33,582
-2,498
| -7% | -$31K |
|
1609
Envista
NVST
$4.52B
| $440K | ﹤0.01% |
20,600
-3,523
| -15% | -$79.9K |
|
1610
Intellia Therapeutics
NTLA
$1.67B
| $439K | ﹤0.01% |
15,956
+5,395
| +51% | +$150K |
|
|
SMAR
1611
DELISTED
Smartsheet Inc.
SMAR
| $438K | ﹤0.01% |
11,385
-2,629
| -19% | -$115K |
|
1612
Progress Software
PRGS
$1.76B
| $437K | ﹤0.01% |
8,193
+1,780
| +28% | +$97.8K |
|
1613
Star Bulk Carriers
SBLK
$3.22B
| $436K | ﹤0.01% |
18,279
+279
| +2% | +$6.32K |
|
1614
Independent Bank
INDB
$3.97B
| $436K | ﹤0.01% |
8,384
-3,987
| -32% | -$220K |
|
1615
GitLab
GTLB
$6.58B
| $436K | ﹤0.01% |
7,478
+6,315
| +543% | +$414K |
|
1616
Valley National Bancorp
VLY
$8.04B
| $436K | ﹤0.01% |
54,769
+373
| +0.7% | +$3.32K |
|
1617
Monarch Casino & Resort
MCRI
$2.23B
| $434K | ﹤0.01% |
5,783
-395
| -6% | -$27.4K |
|
1618
Oaktree Specialty Lending
OCSL
$1.14B
| $433K | ﹤0.01% |
22,000
-1,559
| -7% | -$31.5K |
|
1619
Royce Value Trust
RVT
$2.3B
| $433K | ﹤0.01% |
28,511
| – | – |
|
1620
Arcosa
ACA
$7.11B
| $432K | ﹤0.01% |
5,036
-10
| -0.2% | -$814 |
|
1621
Prudential
PUK
$35.2B
| $432K | ﹤0.01% |
22,424
+6,971
| +45% | +$144K |
|
|
TGI
1622
DELISTED
Triumph Group
TGI
| $432K | ﹤0.01% |
28,726
+81
| +0.3% | +$1.21K |
|
1623
LG Display
LPL
$3.3B
| $431K | ﹤0.01% |
105,225
+40,692
| +63% | +$182K |
|
1624
MasTec
MTZ
$21.9B
| $431K | ﹤0.01% |
4,625
-462
| -9% | -$35.1K |
|
1625
Dimensional US Targeted Value ETF
DFAT
$14.7B
| $431K | ﹤0.01% |
7,922
+5,515
| +229% | +$284K |
|
Similar funds
PNC Financial Services Group's Q1 2024 Portfolio in Review
As of Q1 2024, PNC Financial Services Group held 4,893 positions worth $144B, up 13% from $127B the previous quarter. Its ten largest holdings account for 46% of the portfolio.
PNC Financial Services Group's Q1 2024 filing shows 281 new, 1,741 increased, 1,917 reduced and 198 closed positions. Its largest new stake was iShares Bitcoin Trust: 205,890 shares worth $8.33M. The largest sale was Eli Lilly, an estimated $193M.
By sector, the portfolio is most concentrated in Healthcare at 33% of assets, up from 29% a quarter earlier, followed by Technology and Financials.
- PNC Financial Services Group's largest Q1 2024 buy was iShares Bitcoin Trust: 205,890 shares worth $8.33M.
- PNC Financial Services Group added most to iShares Core S&P 500 ETF in Q1 2024, an estimated $116M increase.
- PNC Financial Services Group's biggest Q1 2024 reduction was Eli Lilly, cutting an estimated $193M.
- PNC Financial Services Group fully exited PGT, Inc. in Q1 2024, selling an estimated $7.5M.
- PNC Financial Services Group's ten largest holdings make up 46% of its $144B portfolio in Q1 2024.
- PNC Financial Services Group opened 281 new positions and closed 198 in Q1 2024.
- PNC Financial Services Group's portfolio value rose 13% quarter-over-quarter to $144B.
Based on PNC Financial Services Group's 13F filing for Q1 2024, filed 10 May 2024.