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 | |
|---|---|---|---|---|---|---|
1776
Patterson-UTI
PTEN
$3.78B
| $250K | ﹤0.01% |
71,851
-35,487
| -33% | -$122K |
|
|
AIO
1777
Virtus Artificial Intelligence & Technology Opportunities Fund
AIO
$900M
| $249K | ﹤0.01% |
12,615
+1,010
| +9% | +$18.3K |
|
|
NUVA
1778
DELISTED
NuVasive, Inc.
NUVA
| $248K | ﹤0.01% |
4,441
+3,040
| +217% | +$176K |
|
|
DFP
1779
Flaherty & Crumrine Dynamic Preferred and Income Fund
DFP
$427M
| $247K | ﹤0.01% |
10,150
-210
| -2% | -$5K |
|
1780
The Ensign Group
ENSG
$10.6B
| $247K | ﹤0.01% |
5,906
+2,644
| +81% | +$105K |
|
1781
Graham Holdings Company
GHC
$5.06B
| $247K | ﹤0.01% |
723
-46
| -6% | -$16.2K |
|
1782
ProShares UltraPro Short Dow 30
SDOW
$138M
| $247K | ﹤0.01% |
+641
| New | +$319K |
|
1783
AGNC Investment
AGNC
$12.8B
| $246K | ﹤0.01% |
19,122
+149
| +0.8% | +$1.87K |
|
1784
CTS Corp
CTS
$1.92B
| $246K | ﹤0.01% |
12,282
-19,092
| -61% | -$409K |
|
1785
StoneX
SNEX
$7.96B
| $246K | ﹤0.01% |
22,670
-15
| -0.1% | -$130 |
|
1786
SPX Corp
SPXC
$10.8B
| $246K | ﹤0.01% |
5,967
+247
| +4% | +$9.3K |
|
|
TEF
1787
DELISTED
Telefonica
TEF
| $246K | ﹤0.01% |
60,532
-18,243
| -23% | -$70.7K |
|
|
AGR
1788
DELISTED
Avangrid, Inc.
AGR
| $245K | ﹤0.01% |
5,831
-58
| -1% | -$2.49K |
|
|
ESSA
1789
DELISTED
ESSA Bancorp
ESSA
| $244K | ﹤0.01% |
17,500
| – | – |
|
|
HPP
1790
Hudson Pacific Properties
HPP
$784M
| $244K | ﹤0.01% |
1,387
+1,329
| +2,291% | +$226K |
|
1791
WisdomTree US MidCap Dividend Fund
DON
$4.07B
| $243K | ﹤0.01% |
8,616
-1,862
| -18% | -$50.3K |
|
1792
ArcelorMittal
MT
$55.3B
| $243K | ﹤0.01% |
22,699
-7,135
| -24% | -$71.9K |
|
|
RCM
1793
DELISTED
R1 RCM Inc. Common Stock
RCM
| $243K | ﹤0.01% |
21,843
-467
| -2% | -$4.8K |
|
|
FSP
1794
Franklin Street Properties
FSP
$47.4M
| $241K | ﹤0.01% |
47,528
-3,082
| -6% | -$16.3K |
|
1795
WesBanco
WSBC
$3.99B
| $241K | ﹤0.01% |
11,918
-2,390
| -17% | -$52.3K |
|
1796
Avnet
AVT
$7.82B
| $240K | ﹤0.01% |
8,592
-505
| -6% | -$14K |
|
1797
Acuity Brands
AYI
$10.7B
| $240K | ﹤0.01% |
2,502
-353
| -12% | -$31.1K |
|
|
LSXMA
1798
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $240K | ﹤0.01% |
9,498
-2,273
| -19% | -$55.6K |
|
|
UCB
1799
United Community Banks
UCB
$4.29B
| $238K | ﹤0.01% |
11,828
-504
| -4% | -$9.65K |
|
1800
Alcoa
AA
$13B
| $237K | ﹤0.01% |
21,161
-3,087
| -13% | -$27.6K |
|
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.