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 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$283M |
| 2 |
WisdomTree Trust WisdomTree US Quality Dividend Growth Fund
DGRW
|
+$208M |
| 3 |
Dimensional International Value ETF
DFIV
|
+$155M |
| 4 |
Honeywell
HON
|
+$99M |
| 5 |
iShares US Treasury Bond ETF
GOVT
|
+$92.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$227M |
| 2 |
iShares MSCI EAFE Value ETF
EFV
|
+$121M |
| 3 |
Lockheed Martin
LMT
|
+$82M |
| 4 |
Apple
AAPL
|
+$74.7M |
| 5 |
Waste Management
WM
|
+$69.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 28.9% |
| 2 | Technology | 10.12% |
| 3 | Financials | 6.81% |
| 4 | Consumer Discretionary | 5.14% |
| 5 | Industrials | 3.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1801
IPG Photonics
IPGP
$3.84B
| $320K | ﹤0.01% |
2,945
-117
| -4% | -$11.3K |
|
1802
Newell Brands
NWL
$2.56B
| $319K | ﹤0.01% |
36,768
-30,366
| -45% | -$232K |
|
1803
InterContinental Hotels
IHG
$23.2B
| $319K | ﹤0.01% |
3,497
+174
| +5% | +$13.7K |
|
1804
Southwest Gas
SWX
$6.67B
| $318K | ﹤0.01% |
5,022
-3,174
| -39% | -$191K |
|
1805
Clearway Energy Class C
CWEN
$6.7B
| $317K | ﹤0.01% |
11,542
+2,892
| +33% | +$67.5K |
|
1806
Hess Midstream
HESM
$5.11B
| $316K | ﹤0.01% |
10,000
| – | – |
|
1807
FlexShares Quality Dividend Index Fund
QDF
$2.28B
| $316K | ﹤0.01% |
5,140
+2,371
| +86% | +$137K |
|
|
SKX
1808
DELISTED
Skechers
SKX
| $314K | ﹤0.01% |
5,038
-187
| -4% | -$10.1K |
|
1809
Acuity Brands
AYI
$10.8B
| $312K | ﹤0.01% |
1,523
-222
| -13% | -$40.1K |
|
1810
American Homes 4 Rent
AMH
$12.5B
| $312K | ﹤0.01% |
8,671
-251
| -3% | -$8.77K |
|
1811
NatWest
NWG
$76.4B
| $311K | ﹤0.01% |
55,266
+9,106
| +20% | +$48.4K |
|
1812
CVB Financial
CVBF
$3.99B
| $311K | ﹤0.01% |
15,408
-1,412
| -8% | -$25.1K |
|
1813
LG Display
LPL
$3.3B
| $311K | ﹤0.01% |
64,533
-3,374
| -5% | -$16.1K |
|
1814
Concentrix
CNXC
$1.57B
| $311K | ﹤0.01% |
3,165
-153
| -5% | -$13.3K |
|
1815
Yelp
YELP
$1.41B
| $311K | ﹤0.01% |
6,561
-3,893
| -37% | -$172K |
|
1816
LSI Industries
LYTS
$924M
| $310K | ﹤0.01% |
22,000
| – | – |
|
1817
Omega Healthcare
OHI
$14.7B
| $309K | ﹤0.01% |
10,093
-624
| -6% | -$20K |
|
1818
iShares US Consumer Discretionary ETF
IYC
$1.23B
| $309K | ﹤0.01% |
4,079
+380
| +10% | +$26.5K |
|
1819
Cohu
COHU
$2.5B
| $309K | ﹤0.01% |
8,733
+193
| +2% | +$6.41K |
|
|
FFC
1820
Flaherty & Crumrine Preferred and Income Securities Fund
FFC
$782M
| $309K | ﹤0.01% |
22,200
| – | – |
|
1821
WisdomTree US MidCap Dividend Fund
DON
$4.09B
| $308K | ﹤0.01% |
6,732
-398
| -6% | -$16.7K |
|
1822
Royalty Pharma
RPRX
$25.3B
| $308K | ﹤0.01% |
10,947
+5,438
| +99% | +$149K |
|
|
TRST
1823
Trustco Bank Corp NY
TRST
$938M
| $307K | ﹤0.01% |
9,903
+1,068
| +12% | +$29.8K |
|
1824
Teradata
TDC
$2.55B
| $307K | ﹤0.01% |
7,058
-227
| -3% | -$10.2K |
|
1825
AAR Corp
AIR
$5.76B
| $307K | ﹤0.01% |
4,918
-928
| -16% | -$59.6K |
|
Similar funds
PNC Financial Services Group's Q4 2023 Portfolio in Review
As of Q4 2023, PNC Financial Services Group held 4,877 positions worth $127B, up 9% from $117B the previous quarter. Its ten largest holdings account for 43% of the portfolio.
PNC Financial Services Group's Q4 2023 filing shows 263 new, 1,410 increased, 2,264 reduced and 260 closed positions. Its largest new stake was Veralto: 94,572 shares worth $7.78M. The largest sale was iShares MSCI USA Quality Factor ETF, an estimated $227M.
By sector, the portfolio is most concentrated in Healthcare at 29% of assets, down from 29% a quarter earlier, followed by Technology and Financials.
- PNC Financial Services Group's largest Q4 2023 buy was Veralto: 94,572 shares worth $7.78M.
- PNC Financial Services Group added most to iShares MSCI USA Min Vol Factor ETF in Q4 2023, an estimated $283M increase.
- PNC Financial Services Group's biggest Q4 2023 reduction was iShares MSCI USA Quality Factor ETF, cutting an estimated $227M.
- PNC Financial Services Group fully exited Activision Blizzard in Q4 2023, selling an estimated $14.4M.
- PNC Financial Services Group's ten largest holdings make up 43% of its $127B portfolio in Q4 2023.
- PNC Financial Services Group opened 263 new positions and closed 260 in Q4 2023.
- PNC Financial Services Group's portfolio value rose 9% quarter-over-quarter to $127B.
Based on PNC Financial Services Group's 13F filing for Q4 2023, filed 9 Feb 2024.