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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$177M |
| 2 |
iShares S&P 500 Growth ETF
IVW
|
+$157M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$134M |
| 4 |
iShares Core S&P 500 ETF
IVV
|
+$98.1M |
| 5 |
Norfolk Southern
NSC
|
+$91.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
VF Corp
VFC
|
+$173M |
| 2 |
Xtrackers MSCI Europe Hedged Equity ETF
DBEU
|
+$109M |
| 3 |
Texas Instruments
TXN
|
+$109M |
| 4 |
DuPont de Nemours
DD
|
+$108M |
| 5 |
AET
Aetna Inc
AET
|
+$98.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 22.6% |
| 2 | Consumer Discretionary | 14.83% |
| 3 | Healthcare | 7.48% |
| 4 | Technology | 7.01% |
| 5 | Industrials | 5.07% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
iShares Russell 2000 Value ETF
IWN
$14.3B
| $99.4M | 0.11% |
924,458
+36,087
| +4% | +$4.34M |
|
|
MLPI
152
DELISTED
UBS E-TRACS Alerian MLP Infrastructure ETN
MLPI
| $98.2M | 0.11% |
4,965,045
-590,239
| -11% | -$13M |
|
153
iShares S&P Mid-Cap 400 Value ETF
IJJ
$8.83B
| $97.8M | 0.11% |
1,414,108
+58,338
| +4% | +$4.46M |
|
154
Citigroup
C
$213B
| $96.3M | 0.11% |
1,850,390
-160,236
| -8% | -$10.1M |
|
155
Air Products & Chemicals
APD
$65.5B
| $96M | 0.11% |
599,732
+99,968
| +20% | +$15.8M |
|
156
Danaher
DHR
$138B
| $95.8M | 0.11% |
1,047,922
+52,878
| +5% | +$4.8M |
|
157
Colgate-Palmolive
CL
$74.8B
| $94.3M | 0.11% |
1,584,142
-49,466
| -3% | -$3.09M |
|
158
iShares MSCI EAFE Small-Cap ETF
SCZ
$13.1B
| $92.6M | 0.1% |
1,786,927
-99,271
| -5% | -$5.56M |
|
|
BNY
159
Bank of New York Mellon
BNY
$103B
| $91.9M | 0.1% |
1,952,594
-51,902
| -3% | -$2.52M |
|
|
RDS.A
160
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $87.4M | 0.1% |
1,499,991
-133,330
| -8% | -$8.27M |
|
161
TE Connectivity
TEL
$60B
| $86M | 0.1% |
1,137,091
-150,085
| -12% | -$11.6M |
|
162
Cigna
CI
$78.4B
| $85.6M | 0.1% |
450,799
+133,446
| +42% | +$27.8M |
|
163
iShares 1-3 Year Treasury Bond ETF
SHY
$25.4B
| $84.7M | 0.09% |
1,013,354
+134,299
| +15% | +$11.2M |
|
164
CBRE Group
CBRE
$43.3B
| $77.9M | 0.09% |
1,946,646
-465,630
| -19% | -$19.3M |
|
165
Citizens Financial Group
CFG
$30.1B
| $77.4M | 0.09% |
2,604,016
-182,740
| -7% | -$6.41M |
|
166
State Street SPDR Dow Jones REIT ETF
RWR
$1.9B
| $77.3M | 0.09% |
898,387
+6,896
| +0.8% | +$630K |
|
167
Amphenol
APH
$185B
| $77M | 0.09% |
3,801,816
+2,215,636
| +140% | +$47.6M |
|
168
BP
BP
$112B
| $76.7M | 0.09% |
2,085,762
-62,732
| -3% | -$2.5M |
|
169
Archer Daniels Midland
ADM
$38.7B
| $76.2M | 0.08% |
1,860,676
-41,444
| -2% | -$1.93M |
|
170
Invesco Large Cap Value ETF
PWV
$1.68B
| $75M | 0.08% |
2,297,055
-496,393
| -18% | -$17.5M |
|
171
Becton Dickinson
BDX
$46.4B
| $74.9M | 0.08% |
340,575
-7,105
| -2% | -$1.65M |
|
172
State Street Technology Select Sector SPDR ETF
XLK
$109B
| $74.8M | 0.08% |
2,415,032
+10,012
| +0.4% | +$339K |
|
173
Qualcomm
QCOM
$164B
| $73.9M | 0.08% |
1,298,310
-70,808
| -5% | -$4.3M |
|
174
Broadcom
AVGO
$1.76T
| $73.4M | 0.08% |
2,885,780
+248,430
| +9% | +$5.86M |
|
175
Centene
CNC
$30.5B
| $72M | 0.08% |
1,249,246
-67,506
| -5% | -$4.52M |
|
Similar funds
PNC Financial Services Group's Q4 2018 Portfolio in Review
As of Q4 2018, PNC Financial Services Group held 4,382 positions worth $89.8B, down 15% from $105B the previous quarter. Its ten largest holdings account for 37% of the portfolio.
PNC Financial Services Group's Q4 2018 filing shows 181 new, 1,629 increased, 1,711 reduced and 236 closed positions. Its largest new stake was Linde: 228,039 shares worth $35.6M. The largest sale was VF Corp, an estimated $173M.
By sector, the portfolio is most concentrated in Financials at 23% of assets, down from 23% a quarter earlier, followed by Consumer Discretionary and Healthcare.
- PNC Financial Services Group's largest Q4 2018 buy was Linde: 228,039 shares worth $35.6M.
- PNC Financial Services Group added most to State Street SPDR S&P 500 ETF Trust in Q4 2018, an estimated $177M increase.
- PNC Financial Services Group's biggest Q4 2018 reduction was VF Corp, cutting an estimated $173M.
- PNC Financial Services Group fully exited Aetna Inc in Q4 2018, selling an estimated $98.5M.
- PNC Financial Services Group's ten largest holdings make up 37% of its $89.8B portfolio in Q4 2018.
- PNC Financial Services Group opened 181 new positions and closed 236 in Q4 2018.
- PNC Financial Services Group's portfolio value fell 15% quarter-over-quarter to $89.8B.
Based on PNC Financial Services Group's 13F filing for Q4 2018, filed 8 Feb 2019.