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 | |
|---|---|---|---|---|---|---|
1851
SL Green Realty
SLG
$3.99B
| $298K | ﹤0.01% |
6,588
-504
| -7% | -$18.6K |
|
|
VSXY
1852
Victoria's Secret
VSXY
$7.83B
| $297K | ﹤0.01% |
11,203
+628
| +6% | +$13.3K |
|
1853
Ambev
ABEV
$46.4B
| $297K | ﹤0.01% |
106,019
-5,220
| -5% | -$14.1K |
|
1854
Grupo Cibest SA
CIB
$21.1B
| $297K | ﹤0.01% |
9,644
+599
| +7% | +$16.3K |
|
|
PYCR
1855
DELISTED
Paycor HCM, Inc. Common Stock
PYCR
| $296K | ﹤0.01% |
13,695
+1,536
| +13% | +$33.4K |
|
1856
Trustmark
TRMK
$2.75B
| $295K | ﹤0.01% |
10,584
-1,798
| -15% | -$41.7K |
|
|
HPP
1857
Hudson Pacific Properties
HPP
$779M
| $295K | ﹤0.01% |
4,523
-345
| -7% | -$15.2K |
|
1858
Liberty Broadband Class A
LBRDA
$5.16B
| $295K | ﹤0.01% |
3,655
-69
| -2% | -$5.79K |
|
1859
AXIS Capital
AXS
$7.55B
| $295K | ﹤0.01% |
5,322
-4,291
| -45% | -$239K |
|
|
CNR
1860
Core Natural Resources Inc
CNR
$4.45B
| $294K | ﹤0.01% |
2,929
+53
| +2% | +$5.39K |
|
1861
Pegasystems
PEGA
$5.38B
| $294K | ﹤0.01% |
12,016
+1,158
| +11% | +$27.1K |
|
1862
Fidelity MSCI Information Technology Index ETF
FTEC
$21.3B
| $293K | ﹤0.01% |
2,040
| – | – |
|
|
SCHV
1863
Schwab US Large-Cap Value ETF
SCHV
$16.1B
| $293K | ﹤0.01% |
12,540
-9,744
| -44% | -$213K |
|
1864
Horace Mann Educators
HMN
$2.11B
| $293K | ﹤0.01% |
8,957
-398
| -4% | -$12.8K |
|
1865
Li Auto
LI
$12.7B
| $293K | ﹤0.01% |
7,816
-178
| -2% | -$6.42K |
|
1866
Ambarella
AMBA
$3.81B
| $292K | ﹤0.01% |
4,772
-86
| -2% | -$4.69K |
|
|
JBTM
1867
JBT Marel
JBTM
$6.39B
| $292K | ﹤0.01% |
2,941
-492
| -14% | -$51K |
|
1868
F&G Annuities & Life
FG
$3.62B
| $292K | ﹤0.01% |
6,357
-32
| -0.5% | -$1.19K |
|
1869
Boise Cascade
BCC
$3.02B
| $292K | ﹤0.01% |
2,260
-162
| -7% | -$17.4K |
|
1870
FlexShares Quality Dividend Defensive Index Fund
QDEF
$562M
| $292K | ﹤0.01% |
4,950
| – | – |
|
1871
State Street SPDR Bloomberg 3-12 Month T-Bill ETF
BILS
$3.89B
| $292K | ﹤0.01% |
+2,941
| New | +$292K |
|
1872
WIX.com
WIX
$2.52B
| $291K | ﹤0.01% |
2,368
-809
| -25% | -$78.1K |
|
1873
Insperity
NSP
$2.01B
| $291K | ﹤0.01% |
2,485
+65
| +3% | +$7.03K |
|
|
BML.PRL
1874
Bank of America Depository Shares Series 5
BML.PRL
$303M
| $291K | ﹤0.01% |
13,495
| – | – |
|
1875
Axos Financial
AX
$5.68B
| $290K | ﹤0.01% |
5,318
+394
| +8% | +$16.4K |
|
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.