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 |
Fidelity MSCI Real Estate Index ETF
FREL
|
+$233M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$204M |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$119M |
| 4 |
Intel
INTC
|
+$95M |
| 5 |
iShares Core MSCI EAFE ETF
IEFA
|
+$80.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Blackrock
BLK
|
+$17.1B |
| 2 |
Schwab US REIT ETF
SCHH
|
+$179M |
| 3 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$94.5M |
| 4 |
Waste Management
WM
|
+$86.6M |
| 5 |
RTN
Raytheon Company
RTN
|
+$67.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 12.03% |
| 2 | Consumer Discretionary | 11.38% |
| 3 | Healthcare | 8.84% |
| 4 | Financials | 8.61% |
| 5 | Consumer Staples | 5.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1676
ESCO Technologies
ESE
$8.5B
| $292K | ﹤0.01% |
3,447
-682
| -17% | -$53.9K |
|
1677
Novanta
NOVT
$5.82B
| $292K | ﹤0.01% |
2,725
+168
| +7% | +$15.6K |
|
|
UMPQ
1678
DELISTED
Umpqua Holdings Corp
UMPQ
| $292K | ﹤0.01% |
27,421
+711
| +3% | +$7.96K |
|
|
XEC
1679
DELISTED
CIMAREX ENERGY CO
XEC
| $292K | ﹤0.01% |
10,613
-148
| -1% | -$3.67K |
|
1680
iShares US Basic Materials ETF
IYM
$1.23B
| $291K | ﹤0.01% |
3,253
+33
| +1% | +$2.73K |
|
1681
Casey's General Stores
CASY
$30.8B
| $290K | ﹤0.01% |
1,948
-165
| -8% | -$24.9K |
|
1682
Cohen & Steers Duration Preferred & Income Fund
LDP
$598M
| $290K | ﹤0.01% |
12,903
+12,853
| +25,706% | +$288K |
|
1683
Lakeland Financial Corp
LKFN
$1.55B
| $290K | ﹤0.01% |
6,209
-31
| -0.5% | -$1.27K |
|
|
PDT
1684
John Hancock Premium Dividend Fund
PDT
$622M
| $290K | ﹤0.01% |
21,806
+2,038
| +10% | +$26.3K |
|
1685
Invesco Dividend Achievers ETF
PFM
$805M
| $290K | ﹤0.01% |
10,285
+1,063
| +12% | +$29.1K |
|
1686
Prosperity Bancshares
PB
$8.88B
| $289K | ﹤0.01% |
4,862
+103
| +2% | +$5.94K |
|
|
DOO
1687
Bombardier Recreational Products
DOO
$4.68B
| $288K | ﹤0.01% |
+6,760
| New | +$202K |
|
1688
First Trust Managed Municipal ETF
FMB
$2.06B
| $288K | ﹤0.01% |
5,227
-404
| -7% | -$21.8K |
|
1689
Cohen & Steers REIT and Preferred and Income Fund
RNP
$980M
| $288K | ﹤0.01% |
15,027
+108
| +0.7% | +$1.95K |
|
1690
First Horizon
FHN
$12.1B
| $287K | ﹤0.01% |
28,834
-1,294
| -4% | -$11.8K |
|
|
SYKE
1691
DELISTED
SYKES Enterprises Inc
SYKE
| $287K | ﹤0.01% |
10,379
-4,714
| -31% | -$127K |
|
|
HSKA
1692
DELISTED
Heska Corp
HSKA
| $287K | ﹤0.01% |
3,100
-160
| -5% | -$12.3K |
|
1693
Cass Information Systems
CASS
$744M
| $286K | ﹤0.01% |
7,315
+5,406
| +283% | +$203K |
|
1694
Cannae Holdings
CNNE
$652M
| $286K | ﹤0.01% |
6,972
-137
| -2% | -$4.69K |
|
1695
Cousins Properties
CUZ
$4.91B
| $286K | ﹤0.01% |
9,580
+5,598
| +141% | +$168K |
|
|
AMTD
1696
DELISTED
TD Ameritrade Holding Corp
AMTD
| $285K | ﹤0.01% |
7,840
+1,651
| +27% | +$62.2K |
|
1697
Brixmor Property Group
BRX
$9.25B
| $284K | ﹤0.01% |
22,149
+13,585
| +159% | +$154K |
|
1698
Canadian Natural Resources
CNQ
$94.8B
| $284K | ﹤0.01% |
33,362
+4,137
| +14% | +$33.4K |
|
1699
Houlihan Lokey
HLI
$8.92B
| $284K | ﹤0.01% |
5,104
+337
| +7% | +$19.6K |
|
1700
OSI Systems
OSIS
$3.91B
| $284K | ﹤0.01% |
3,786
-365
| -9% | -$26.7K |
|
Similar funds
PNC Financial Services Group's Q2 2020 Portfolio in Review
As of Q2 2020, PNC Financial Services Group held 4,207 positions worth $75.2B, down 5.4% from $79.5B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
PNC Financial Services Group withdrew a net $17.5B in Q2 2020, closing 198 positions and reducing 1,806 holdings. Its most notable exit was Raytheon Company, an estimated $67.3M position sold in full.
By sector, the portfolio is most concentrated in Technology at 12% of assets, up from 8.7% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, PNC Financial Services Group opened a new position in Fidelity MSCI Real Estate Index ETF worth $242M.
- PNC Financial Services Group's largest Q2 2020 buy was Fidelity MSCI Real Estate Index ETF: 10,344,502 shares worth $242M.
- PNC Financial Services Group added most to Invesco QQQ Trust in Q2 2020, an estimated $204M increase.
- PNC Financial Services Group's biggest Q2 2020 reduction was Blackrock, cutting an estimated $17.1B.
- PNC Financial Services Group fully exited Raytheon Company in Q2 2020, selling an estimated $67.3M.
- PNC Financial Services Group's ten largest holdings make up 26% of its $75.2B portfolio in Q2 2020.
- PNC Financial Services Group opened 202 new positions and closed 198 in Q2 2020.
- PNC Financial Services Group's portfolio value fell 5.4% quarter-over-quarter to $75.2B.
Based on PNC Financial Services Group's 13F filing for Q2 2020, filed 7 Aug 2020.