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 | |
|---|---|---|---|---|---|---|
|
PMX
1851
DELISTED
PIMCO Municipal Income Fund III
PMX
| $219K | ﹤0.01% |
19,000
| – | – |
|
1852
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$46.9B
| $218K | ﹤0.01% |
2,376
-1,121
| -32% | -$103K |
|
|
JOF
1853
Japan Smaller Capitalization Fund
JOF
$349M
| $218K | ﹤0.01% |
27,820
-4,000
| -13% | -$29.7K |
|
1854
Vanguard ESG International Stock ETF
VSGX
$6.72B
| $218K | ﹤0.01% |
4,534
+2,904
| +178% | +$131K |
|
1855
Zillow
Z
$7.67B
| $218K | ﹤0.01% |
3,792
-36,377
| -91% | -$1.81M |
|
|
ARNC
1856
DELISTED
Arconic Corporation
ARNC
| $218K | ﹤0.01% |
+15,572
| New | +$182K |
|
|
IAA
1857
DELISTED
IAA, Inc. Common Stock
IAA
| $218K | ﹤0.01% |
5,619
+4,467
| +388% | +$167K |
|
1858
G-III Apparel Group
GIII
$1.51B
| $217K | ﹤0.01% |
16,274
+1,035
| +7% | +$11.4K |
|
1859
ON Semiconductor
ON
$19.1B
| $217K | ﹤0.01% |
10,957
-4,902
| -31% | -$79.9K |
|
1860
U-Haul Holding Co
UHAL
$14.7B
| $217K | ﹤0.01% |
7,190
-5,950
| -45% | -$174K |
|
1861
ASE Group
ASX
$80.9B
| $216K | ﹤0.01% |
47,577
-3,242
| -6% | -$13.8K |
|
|
NSA
1862
DELISTED
National Storage Affiliates Trust
NSA
| $216K | ﹤0.01% |
7,558
+3,041
| +67% | +$87.2K |
|
1863
REX American Resources
REX
$1.42B
| $216K | ﹤0.01% |
18,726
-714
| -4% | -$7.09K |
|
|
STMP
1864
DELISTED
Stamps.com, Inc.
STMP
| $215K | ﹤0.01% |
1,169
-105
| -8% | -$18K |
|
1865
Capital Bancorp
CBNK
$612M
| $214K | ﹤0.01% |
20,000
| – | – |
|
1866
Goldman Sachs Group Inc Series C Preferred Stock
GS.PRC
$152M
| $214K | ﹤0.01% |
10,210
-340
| -3% | -$7.04K |
|
1867
Marten Transport
MRTN
$1.23B
| $213K | ﹤0.01% |
12,668
+1,187
| +10% | +$18.6K |
|
1868
Ambarella
AMBA
$3.85B
| $212K | ﹤0.01% |
4,603
+93
| +2% | +$4.79K |
|
1869
AtriCure
ATRC
$2.06B
| $212K | ﹤0.01% |
4,704
-157
| -3% | -$6.84K |
|
1870
Range Resources
RRC
$9.01B
| $212K | ﹤0.01% |
37,785
+14,918
| +65% | +$82.8K |
|
1871
Ambev
ABEV
$46.7B
| $211K | ﹤0.01% |
80,430
+11,040
| +16% | +$26K |
|
1872
Landstar System
LSTR
$6.1B
| $211K | ﹤0.01% |
1,887
-16
| -0.8% | -$1.71K |
|
1873
Hope Bancorp
HOPE
$1.78B
| $210K | ﹤0.01% |
22,767
+7,696
| +51% | +$69K |
|
1874
Westlake Corp
WLK
$10.1B
| $210K | ﹤0.01% |
3,889
-41
| -1% | -$1.89K |
|
1875
Galectin Therapeutics
GALT
$218M
| $208K | ﹤0.01% |
67,968
| – | – |
|
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.