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 | |
|---|---|---|---|---|---|---|
|
COHR
1751
DELISTED
Coherent Inc
COHR
| $265K | ﹤0.01% |
2,012
-83
| -4% | -$10.9K |
|
|
BCV
1752
Bancroft Fund
BCV
$137M
| $264K | ﹤0.01% |
11,106
| – | – |
|
1753
EastGroup Properties
EGP
$10.8B
| $264K | ﹤0.01% |
2,218
-286
| -11% | -$31.6K |
|
1754
Prestige Consumer Healthcare
PBH
$2.58B
| $264K | ﹤0.01% |
7,015
+313
| +5% | +$12.5K |
|
1755
Cathay General Bancorp
CATY
$4.26B
| $262K | ﹤0.01% |
9,981
+1,431
| +17% | +$36.5K |
|
1756
First Trust Dorsey Wright International Focus 5 ETF
IFV
$233M
| $261K | ﹤0.01% |
15,490
+8,369
| +118% | +$130K |
|
1757
Outfront Media
OUT
$5.48B
| $261K | ﹤0.01% |
18,776
+389
| +2% | +$5.45K |
|
1758
Dr. Reddy's Laboratories
RDY
$10.1B
| $261K | ﹤0.01% |
24,620
-1,700
| -6% | -$17.3K |
|
1759
PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund
MUNI
$3.08B
| $260K | ﹤0.01% |
4,670
+19
| +0.4% | +$1.04K |
|
1760
Invesco Building & Construction ETF
PKB
$446M
| $260K | ﹤0.01% |
8,524
+3,685
| +76% | +$98K |
|
1761
Visteon
VC
$2.75B
| $260K | ﹤0.01% |
3,798
+43
| +1% | +$2.7K |
|
1762
State Street SPDR S&P Metals & Mining ETF
XME
$4.22B
| $259K | ﹤0.01% |
12,284
-2,349
| -16% | -$46.4K |
|
|
IRBT
1763
DELISTED
iRobot
IRBT
| $258K | ﹤0.01% |
3,073
-3,095
| -50% | -$204K |
|
1764
American Public Education
APEI
$931M
| $257K | ﹤0.01% |
8,672
+1,456
| +20% | +$40.7K |
|
1765
Simpson Manufacturing
SSD
$7.96B
| $257K | ﹤0.01% |
3,054
-289
| -9% | -$21.3K |
|
|
FBGX
1766
DELISTED
UBS AG FI Enhanced Large Cap Growth ETN
FBGX
| $257K | ﹤0.01% |
715
-667
| -48% | -$206K |
|
1767
Diodes
DIOD
$4.55B
| $256K | ﹤0.01% |
5,055
+2,776
| +122% | +$133K |
|
1768
Piper Sandler
PIPR
$5.26B
| $255K | ﹤0.01% |
17,224
+2,656
| +18% | +$37.4K |
|
1769
TRI-Continental Corp
TY
$1.89B
| $255K | ﹤0.01% |
10,285
-5,867
| -36% | -$139K |
|
1770
Open Text
OTEX
$6.21B
| $253K | ﹤0.01% |
5,953
+3,163
| +113% | +$125K |
|
1771
Watts Water Technologies
WTS
$12.6B
| $253K | ﹤0.01% |
3,112
-301
| -9% | -$24.3K |
|
1772
Xerox
XRX
$424M
| $253K | ﹤0.01% |
16,538
-7,352
| -31% | -$127K |
|
1773
Infosys
INFY
$50.1B
| $252K | ﹤0.01% |
26,033
-9,249
| -26% | -$82.6K |
|
1774
BlackRock Core Bond Trust
BHK
$660M
| $250K | ﹤0.01% |
16,298
| – | – |
|
1775
Petrobras
PBR
$119B
| $250K | ﹤0.01% |
30,173
-2,321
| -7% | -$16.8K |
|
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.