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 7-10 Year Treasury Bond ETF
IEF
|
+$940M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$96.4M |
| 3 |
Coca-Cola
KO
|
+$82.8M |
| 4 |
Fox Class A
FOXA
|
+$69.9M |
| 5 |
Lockheed Martin
LMT
|
+$54.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
WisdomTree Trust WisdomTree US Quality Dividend Growth Fund
DGRW
|
+$483M |
| 2 |
Dover
DOV
|
+$72.8M |
| 3 |
Apple
AAPL
|
+$49.5M |
| 4 |
Quanta Services
PWR
|
+$48.5M |
| 5 |
Emerson Electric
EMR
|
+$46.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 23.85% |
| 2 | Technology | 9.82% |
| 3 | Consumer Discretionary | 7.34% |
| 4 | Financials | 7.03% |
| 5 | Consumer Staples | 4.81% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1826
Clearway Energy Class C
CWEN
$5.12B
| $311K | ﹤0.01% |
8,911
+1,221
| +16% | +$41.1K |
|
1827
Flowers Foods
FLO
$1.53B
| $311K | ﹤0.01% |
11,762
-913
| -7% | -$24K |
|
1828
Ryder
R
$10.1B
| $311K | ﹤0.01% |
4,379
+1,462
| +50% | +$107K |
|
|
SCHR
1829
Schwab Intermediately-Term US Treasury ETF
SCHR
$13.3B
| $311K | ﹤0.01% |
12,032
-2
| -0% | -$52 |
|
1830
First Trust NYSE Arca Biotechnology Index Fund
FBT
$2.74B
| $310K | ﹤0.01% |
2,284
| – | – |
|
1831
First Interstate BancSystem
FIBK
$3.57B
| $310K | ﹤0.01% |
8,138
+6,057
| +291% | +$216K |
|
1832
iShares Ultra Short Duration Bond Active ETF
ICSH
$8.12B
| $309K | ﹤0.01% |
6,181
+715
| +13% | +$35.8K |
|
1833
Bank OZK
OZK
$5.63B
| $309K | ﹤0.01% |
8,213
+590
| +8% | +$23.3K |
|
1834
Wintrust Financial
WTFC
$10.7B
| $309K | ﹤0.01% |
3,855
+380
| +11% | +$32.7K |
|
1835
Banc of California
BANC
$3.01B
| $308K | ﹤0.01% |
17,427
+675
| +4% | +$12.3K |
|
1836
Prosperity Bancshares
PB
$8.88B
| $308K | ﹤0.01% |
4,521
-291
| -6% | -$20K |
|
1837
Tower Semiconductor
TSEM
$25.4B
| $308K | ﹤0.01% |
6,700
| – | – |
|
1838
Itron
ITRI
$4.5B
| $307K | ﹤0.01% |
6,207
-3,539
| -36% | -$176K |
|
1839
Progress Software
PRGS
$1.71B
| $307K | ﹤0.01% |
6,821
-1
| -0% | -$48 |
|
1840
SLM Corp
SLM
$5.15B
| $307K | ﹤0.01% |
19,205
+1,426
| +8% | +$24.7K |
|
|
ZIMV
1841
DELISTED
ZimVie
ZIMV
| $307K | ﹤0.01% |
19,147
-3,545
| -16% | -$78.2K |
|
1842
National Health Investors
NHI
$3.65B
| $306K | ﹤0.01% |
5,066
-26
| -0.5% | -$1.48K |
|
1843
First Financial Bancorp
FFBC
$3.55B
| $305K | ﹤0.01% |
15,740
-366
| -2% | -$7.62K |
|
1844
Inspire Medical Systems
INSP
$1.7B
| $305K | ﹤0.01% |
1,674
+252
| +18% | +$50.3K |
|
1845
Manhattan Associates
MANH
$11.1B
| $305K | ﹤0.01% |
2,667
+149
| +6% | +$18.6K |
|
1846
Sotera Health
SHC
$5.39B
| $305K | ﹤0.01% |
15,641
+1,001
| +7% | +$21K |
|
1847
Capital Southwest
CSWC
$1.58B
| $304K | ﹤0.01% |
16,583
-4,000
| -19% | -$88K |
|
1848
POSCO
PKX
$17B
| $304K | ﹤0.01% |
6,810
+237
| +4% | +$13.1K |
|
1849
Southside Bancshares
SBSI
$974M
| $303K | ﹤0.01% |
8,121
+12
| +0.1% | +$467 |
|
1850
Caesars Entertainment
CZR
$6.12B
| $302K | ﹤0.01% |
7,856
+3,330
| +74% | +$185K |
|
Similar funds
PNC Financial Services Group's Q2 2022 Portfolio in Review
As of Q2 2022, PNC Financial Services Group held 4,924 positions worth $102B, down 11% from $114B the previous quarter. Its ten largest holdings account for 37% of the portfolio.
PNC Financial Services Group's Q2 2022 filing shows 234 new, 1,666 increased, 1,903 reduced and 330 closed positions. Its largest new stake was iShares Core MSCI International Developed Markets ETF: 723,806 shares worth $38.9M. The largest sale was WisdomTree Trust WisdomTree US Quality Dividend Growth Fund, an estimated $483M.
By sector, the portfolio is most concentrated in Healthcare at 24% of assets, up from 20% a quarter earlier, followed by Technology and Consumer Discretionary.
- PNC Financial Services Group's largest Q2 2022 buy was iShares Core MSCI International Developed Markets ETF: 723,806 shares worth $38.9M.
- PNC Financial Services Group added most to iShares 7-10 Year Treasury Bond ETF in Q2 2022, an estimated $940M increase.
- PNC Financial Services Group's biggest Q2 2022 reduction was WisdomTree Trust WisdomTree US Quality Dividend Growth Fund, cutting an estimated $483M.
- PNC Financial Services Group fully exited Cerner Corp in Q2 2022, selling an estimated $7.5M.
- PNC Financial Services Group's ten largest holdings make up 37% of its $102B portfolio in Q2 2022.
- PNC Financial Services Group opened 234 new positions and closed 330 in Q2 2022.
- PNC Financial Services Group's portfolio value fell 11% quarter-over-quarter to $102B.
Based on PNC Financial Services Group's 13F filing for Q2 2022, filed 12 Aug 2022.