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 |
TotalEnergies
TTE
|
+$2.85B |
| 2 |
iShares TIPS Bond ETF
TIP
|
+$199M |
| 3 |
Apple
AAPL
|
+$140M |
| 4 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$132M |
| 5 |
iShares S&P 500 Growth ETF
IVW
|
+$106M |
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 | |
|---|---|---|---|---|---|---|
1851
Spotify
SPOT
$97.9B
| $326K | ﹤0.01% |
2,350
+2,156
| +1,111% | +$295K |
|
|
SUM
1852
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $326K | ﹤0.01% |
20,911
-544
| -3% | -$8.51K |
|
1853
Spectrum Brands
SPB
$2.09B
| $324K | ﹤0.01% |
5,928
+1,141
| +24% | +$61K |
|
1854
STMicroelectronics
STM
$48B
| $322K | ﹤0.01% |
21,680
+2,663
| +14% | +$41.3K |
|
|
AAT
1855
American Assets Trust
AAT
$1.39B
| $321K | ﹤0.01% |
7,020
+4,906
| +232% | +$212K |
|
1856
Adient
ADNT
$1.53B
| $321K | ﹤0.01% |
24,934
+5,159
| +26% | +$90.3K |
|
|
BDN
1857
Brandywine Realty Trust
BDN
$553M
| $321K | ﹤0.01% |
20,273
-11,565
| -36% | -$175K |
|
1858
Ironwood Pharmaceuticals
IRWD
$711M
| $319K | ﹤0.01% |
28,133
-623
| -2% | -$6.96K |
|
1859
Lakeland Financial Corp
LKFN
$1.57B
| $319K | ﹤0.01% |
7,040
+832
| +13% | +$37.9K |
|
1860
Casey's General Stores
CASY
$30.3B
| $318K | ﹤0.01% |
2,456
-5
| -0.2% | -$654 |
|
1861
Lindsay Corp
LNN
$1.17B
| $316K | ﹤0.01% |
3,262
-162
| -5% | -$14.7K |
|
1862
Ambev
ABEV
$47B
| $315K | ﹤0.01% |
73,386
+2,081
| +3% | +$9.56K |
|
|
AGR
1863
DELISTED
Avangrid, Inc.
AGR
| $315K | ﹤0.01% |
6,254
-103
| -2% | -$5.08K |
|
|
IBDL
1864
DELISTED
iShares iBonds Dec 2020 Term Corporate ETF
IBDL
| $315K | ﹤0.01% |
12,495
+1,713
| +16% | +$43.1K |
|
1865
Methode Electronics
MEI
$598M
| $314K | ﹤0.01% |
10,942
+588
| +6% | +$16K |
|
1866
La-Z-Boy
LZB
$1.65B
| $313K | ﹤0.01% |
9,452
+3,186
| +51% | +$101K |
|
1867
Strategy Inc
MSTR
$37.4B
| $313K | ﹤0.01% |
21,710
+15,130
| +230% | +$209K |
|
1868
SLM Corp
SLM
$5.19B
| $313K | ﹤0.01% |
31,477
+2,155
| +7% | +$22.3K |
|
1869
The GEO Group
GEO
$4.11B
| $310K | ﹤0.01% |
16,199
-41,459
| -72% | -$890K |
|
|
PCN
1870
PIMCO Corporate & Income Strategy Fund
PCN
$881M
| $309K | ﹤0.01% |
17,924
+791
| +5% | +$12.9K |
|
1871
Red Rock Resorts
RRR
$3.59B
| $309K | ﹤0.01% |
11,920
+1,927
| +19% | +$49.8K |
|
|
KF
1872
Korea Fund
KF
$247M
| $308K | ﹤0.01% |
10,470
| – | – |
|
|
FNSR
1873
DELISTED
Finisar Corp
FNSR
| $308K | ﹤0.01% |
13,279
-444
| -3% | -$10.1K |
|
1874
Argan
AGX
$8.59B
| $307K | ﹤0.01% |
6,134
| – | – |
|
1875
First Trust Exchange-Traded Fund VI Multi-Asset Diversified Income Index Fund
MDIV
$428M
| $307K | ﹤0.01% |
16,702
-1,605
| -9% | -$29.1K |
|
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 withdrew a net $4B in Q1 2019, closing 168 positions and reducing 1,606 holdings. Its most notable exit was Twenty-First Century Fox, Inc. Class B, an estimated $17.5M position sold in full.
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.
Against the trend, PNC Financial Services Group opened a new position in MGM Growth Properties LLC Class A common shares representing limited liability company interests worth $7.58M.
- 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 TotalEnergies, cutting an estimated $2.85B.
- 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 168 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.