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 |
M&T Bank
MTB
|
+$111M |
| 2 |
Progressive
PGR
|
+$95.1M |
| 3 |
Broadcom
AVGO
|
+$76.2M |
| 4 |
BP
BP
|
+$66.8M |
| 5 |
Bank of America
BAC
|
+$62.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares TIPS Bond ETF
TIP
|
+$199M |
| 2 |
Apple
AAPL
|
+$140M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$132M |
| 4 |
iShares S&P 500 Growth ETF
IVW
|
+$106M |
| 5 |
McCormick & Company Non-Voting
MKC
|
+$98.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 22.28% |
| 2 | Consumer Discretionary | 15.8% |
| 3 | Technology | 7.26% |
| 4 | Healthcare | 6.84% |
| 5 | Industrials | 5.25% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
MLPI
151
DELISTED
UBS E-TRACS Alerian MLP Infrastructure ETN
MLPI
| $113M | 0.11% |
4,964,278
-767
| -0% | -$16.9K |
|
152
iShares Russell 2000 Value ETF
IWN
$14.4B
| $112M | 0.11% |
936,175
+11,717
| +1% | +$1.4M |
|
153
iShares S&P Mid-Cap 400 Value ETF
IJJ
$8.85B
| $111M | 0.11% |
1,410,040
-4,068
| -0.3% | -$315K |
|
154
Invesco S&P 500 Low Volatility ETF
SPLV
$7.13B
| $110M | 0.11% |
2,091,880
-102,400
| -5% | -$5.13M |
|
155
iShares MSCI EAFE Small-Cap ETF
SCZ
$13.4B
| $106M | 0.11% |
1,848,902
+61,975
| +3% | +$3.47M |
|
156
Colgate-Palmolive
CL
$73.3B
| $106M | 0.11% |
1,546,136
-38,006
| -2% | -$2.45M |
|
157
Schwab US REIT ETF
SCHH
$11.5B
| $105M | 0.1% |
4,704,728
+1,634,196
| +53% | +$34.7M |
|
158
CBRE Group
CBRE
$43.8B
| $99.3M | 0.1% |
2,008,485
+61,839
| +3% | +$2.9M |
|
|
RDS.A
159
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $96.8M | 0.1% |
1,547,212
+47,221
| +3% | +$2.92M |
|
|
BNY
160
Bank of New York Mellon
BNY
$106B
| $96.1M | 0.1% |
1,906,450
-46,144
| -2% | -$2.38M |
|
161
State Street Technology Select Sector SPDR ETF
XLK
$115B
| $95.6M | 0.1% |
2,582,712
+167,680
| +7% | +$5.74M |
|
162
Amphenol
APH
$197B
| $92M | 0.09% |
3,896,296
+94,480
| +2% | +$2.11M |
|
163
Accenture
ACN
$99.9B
| $90.2M | 0.09% |
512,595
+30,143
| +6% | +$4.74M |
|
164
General Mills
GIS
$19.4B
| $88.1M | 0.09% |
1,701,681
+13,732
| +0.8% | +$622K |
|
165
State Street SPDR Dow Jones REIT ETF
RWR
$1.87B
| $87.2M | 0.09% |
881,417
-16,970
| -2% | -$1.61M |
|
166
Vanguard Information Technology ETF
VGT
$139B
| $87.1M | 0.09% |
3,472,048
+171,344
| +5% | +$3.98M |
|
167
iShares Core S&P US Value ETF
IUSV
$27.2B
| $83.8M | 0.08% |
1,528,737
+138,620
| +10% | +$7.41M |
|
168
Estee Lauder
EL
$30.7B
| $83.1M | 0.08% |
502,118
+371,039
| +283% | +$54.5M |
|
169
Citizens Financial Group
CFG
$30.3B
| $83.1M | 0.08% |
2,557,104
-46,912
| -2% | -$1.63M |
|
170
Phillips 66
PSX
$84.4B
| $82.2M | 0.08% |
863,246
+199,365
| +30% | +$19M |
|
171
Invesco Large Cap Value ETF
PWV
$1.68B
| $81.8M | 0.08% |
2,309,778
+12,723
| +0.6% | +$448K |
|
172
Becton Dickinson
BDX
$45.6B
| $81M | 0.08% |
332,352
-8,223
| -2% | -$1.94M |
|
173
CVS Health
CVS
$134B
| $79.7M | 0.08% |
1,478,726
-123,123
| -8% | -$7.6M |
|
174
Mondelez International
MDLZ
$80.5B
| $78.7M | 0.08% |
1,576,401
-34,160
| -2% | -$1.57M |
|
175
Travelers Companies
TRV
$78.4B
| $78.5M | 0.08% |
572,442
-20,422
| -3% | -$2.61M |
|
Similar funds
PNC Financial Services Group's Q1 2019 Portfolio in Review
As of Q1 2019, PNC Financial Services Group held 4,311 positions worth $99.9B, up 11% from $89.8B the previous quarter. Its ten largest holdings account for 38% of the portfolio.
PNC Financial Services Group's Q1 2019 filing shows 169 new, 1,634 increased, 1,606 reduced and 169 closed positions. Its largest new stake was MGM Growth Properties LLC Class A common shares representing limited liability company interests: 234,986 shares worth $7.58M. The largest sale was iShares TIPS Bond ETF, an estimated $199M.
By sector, the portfolio is most concentrated in Financials at 22% of assets, down from 23% a quarter earlier, followed by Consumer Discretionary and Technology.
- PNC Financial Services Group's largest Q1 2019 buy was MGM Growth Properties LLC Class A common shares representing limited liability company interests: 234,986 shares worth $7.58M.
- PNC Financial Services Group added most to M&T Bank in Q1 2019, an estimated $111M increase.
- PNC Financial Services Group's biggest Q1 2019 reduction was iShares TIPS Bond ETF, cutting an estimated $199M.
- PNC Financial Services Group fully exited Twenty-First Century Fox, Inc. Class B in Q1 2019, selling an estimated $17.5M.
- PNC Financial Services Group's ten largest holdings make up 38% of its $99.9B portfolio in Q1 2019.
- PNC Financial Services Group opened 169 new positions and closed 169 in Q1 2019.
- PNC Financial Services Group's portfolio value rose 11% quarter-over-quarter to $99.9B.
Based on PNC Financial Services Group's 13F filing for Q1 2019, filed 10 May 2019.