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 |
Truist Financial
TFC
|
+$157M |
| 2 |
iShares Core MSCI EAFE ETF
IEFA
|
+$122M |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$109M |
| 4 |
iShares Core S&P Small-Cap ETF
IJR
|
+$99.8M |
| 5 |
FMC
FMC
|
+$73M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
VF Corp
VFC
|
+$4.94B |
| 2 |
Kontoor Brands
KTB
|
+$278M |
| 3 |
STI
SunTrust Banks, Inc.
STI
|
+$166M |
| 4 |
Celanese
CE
|
+$110M |
| 5 |
Cisco
CSCO
|
+$78.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 24.81% |
| 2 | Consumer Discretionary | 11.69% |
| 3 | Technology | 7.81% |
| 4 | Healthcare | 6.72% |
| 5 | Industrials | 4.66% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
GAP
1701
The Gap Inc
GAP
$7.47B
| $344K | ﹤0.01% |
19,530
-23,695
| -55% | -$403K |
|
|
CBB.PRB
1702
DELISTED
Cincinnati Bell Inc. DEP SHS
CBB.PRB
| $344K | ﹤0.01% |
7,240
| – | – |
|
1703
HubSpot
HUBS
$12.6B
| $341K | ﹤0.01% |
2,148
-12,235
| -85% | -$1.87M |
|
1704
James Hardie Industries
JHX
$16.4B
| $341K | ﹤0.01% |
17,363
+617
| +4% | +$11.4K |
|
1705
Trustmark
TRMK
$2.84B
| $341K | ﹤0.01% |
9,883
-899
| -8% | -$31.1K |
|
|
UCB
1706
United Community Banks
UCB
$4.34B
| $341K | ﹤0.01% |
10,988
+20
| +0.2% | +$604 |
|
|
AIMC
1707
DELISTED
Altra Industrial Motion Corp
AIMC
| $341K | ﹤0.01% |
9,398
+113
| +1% | +$3.59K |
|
|
ACC
1708
DELISTED
American Campus Communities, Inc.
ACC
| $341K | ﹤0.01% |
7,252
+399
| +6% | +$19.1K |
|
1709
Papa John's
PZZA
$1B
| $340K | ﹤0.01% |
5,386
-100
| -2% | -$5.92K |
|
1710
Watts Water Technologies
WTS
$12B
| $340K | ﹤0.01% |
3,411
-53
| -2% | -$5.03K |
|
|
AXON
1711
Axon Enterprise
AXON
$48.3B
| $339K | ﹤0.01% |
4,638
+3,728
| +410% | +$236K |
|
1712
The Mosaic Company
MOS
$7.17B
| $339K | ﹤0.01% |
15,577
-6,828
| -30% | -$135K |
|
|
SKX
1713
DELISTED
Skechers
SKX
| $338K | ﹤0.01% |
7,834
-9,620
| -55% | -$379K |
|
|
RCM
1714
DELISTED
R1 RCM Inc. Common Stock
RCM
| $337K | ﹤0.01% |
25,904
-255,110
| -91% | -$2.91M |
|
1715
John Wiley & Sons Class A
WLY
$2.74B
| $336K | ﹤0.01% |
6,943
-4,545
| -40% | -$211K |
|
|
TPH
1716
DELISTED
Tri Pointe Homes
TPH
| $335K | ﹤0.01% |
21,410
+1,895
| +10% | +$29.2K |
|
1717
Fomento Económico Mexicano
FMX
$42.7B
| $334K | ﹤0.01% |
3,538
+7
| +0.2% | +$644 |
|
1718
Mueller Industries
MLI
$15.1B
| $334K | ﹤0.01% |
42,144
-167,792
| -80% | -$1.28M |
|
1719
State Street SPDR Portfolio TIPS ETF
SPIP
$1B
| $334K | ﹤0.01% |
11,709
-709
| -6% | -$20.2K |
|
1720
US Physical Therapy
USPH
$1.18B
| $334K | ﹤0.01% |
2,934
-14,516
| -83% | -$1.81M |
|
1721
AGNC Investment
AGNC
$12.7B
| $333K | ﹤0.01% |
18,894
-2,266
| -11% | -$38.6K |
|
|
BLE
1722
DELISTED
BlackRock Municipal Income Trust II
BLE
| $333K | ﹤0.01% |
22,027
+3,383
| +18% | +$51K |
|
|
HTO
1723
H2O America
HTO
$2.58B
| $331K | ﹤0.01% |
4,656
-45,949
| -91% | -$3.25M |
|
|
CEM
1724
DELISTED
ClearBridge MLP and Midstream Fund Inc.
CEM
| $331K | ﹤0.01% |
5,861
+16
| +0.3% | +$858 |
|
1725
SL Green Realty
SLG
$3.99B
| $330K | ﹤0.01% |
3,695
+27
| +0.7% | +$2.22K |
|
Similar funds
PNC Financial Services Group's Q4 2019 Portfolio in Review
As of Q4 2019, PNC Financial Services Group held 4,271 positions worth $102B, up 1.3% from $100B the previous quarter. Its ten largest holdings account for 38% of the portfolio.
PNC Financial Services Group withdrew a net $6.43B in Q4 2019, closing 201 positions and reducing 1,781 holdings. Its most notable exit was SunTrust Banks, Inc., an estimated $166M position sold in full.
By sector, the portfolio is most concentrated in Financials at 25% of assets, up from 23% a quarter earlier, followed by Consumer Discretionary and Technology.
Against the trend, PNC Financial Services Group opened a new position in VanEck High Yield Muni ETF worth $4.66M.
- PNC Financial Services Group's largest Q4 2019 buy was VanEck High Yield Muni ETF: 72,724 shares worth $4.66M.
- PNC Financial Services Group added most to Truist Financial in Q4 2019, an estimated $157M increase.
- PNC Financial Services Group's biggest Q4 2019 reduction was VF Corp, cutting an estimated $4.94B.
- PNC Financial Services Group fully exited SunTrust Banks, Inc. in Q4 2019, selling an estimated $166M.
- PNC Financial Services Group's ten largest holdings make up 38% of its $102B portfolio in Q4 2019.
- PNC Financial Services Group opened 175 new positions and closed 201 in Q4 2019.
- PNC Financial Services Group's portfolio value rose 1.3% quarter-over-quarter to $102B.
Based on PNC Financial Services Group's 13F filing for Q4 2019, filed 7 Feb 2020.