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 | |
|---|---|---|---|---|---|---|
1876
Cheesecake Factory
CAKE
$5.35B
| $306K | ﹤0.01% |
6,246
-1,192
| -16% | -$54.8K |
|
1877
First Trust Utilities AlphaDEX Fund
FXU
$820M
| $306K | ﹤0.01% |
10,807
-79
| -0.7% | -$2.2K |
|
1878
Grand Canyon Education
LOPE
$3.9B
| $306K | ﹤0.01% |
2,670
-8,790
| -77% | -$906K |
|
|
SA
1879
Seabridge Gold
SA
$3.14B
| $306K | ﹤0.01% |
24,600
| – | – |
|
|
SYNH
1880
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $305K | ﹤0.01% |
5,891
+2,337
| +66% | +$113K |
|
1881
PTC
PTC
$16B
| $304K | ﹤0.01% |
3,297
+460
| +16% | +$40.7K |
|
|
MRLN
1882
DELISTED
Marlin Business Services Corp
MRLN
| $303K | ﹤0.01% |
14,124
-101
| -0.7% | -$2.32K |
|
|
BBU
1883
DELISTED
Brookfield Business Partners
BBU
| $302K | ﹤0.01% |
11,870
-432
| -4% | -$9.64K |
|
|
GRFS
1884
Grifois
GRFS
$5.38B
| $302K | ﹤0.01% |
14,978
-884
| -6% | -$16.9K |
|
1885
Visteon
VC
$2.78B
| $302K | ﹤0.01% |
4,471
+1,602
| +56% | +$121K |
|
|
EV
1886
DELISTED
Eaton Vance Corp.
EV
| $302K | ﹤0.01% |
7,480
-626
| -8% | -$24.8K |
|
|
GTT
1887
DELISTED
GTT Communications, Inc.
GTT
| $301K | ﹤0.01% |
8,667
+1,085
| +14% | +$31.9K |
|
1888
Prosperity Bancshares
PB
$8.9B
| $300K | ﹤0.01% |
4,342
+436
| +11% | +$31.1K |
|
|
FIYY
1889
DELISTED
Barclays ETN+ FI Enhanced Global High Yield ETN Series B
FIYY
| $300K | ﹤0.01% |
2,946
-770
| -21% | -$73.7K |
|
1890
Bausch Health
BHC
$2.23B
| $299K | ﹤0.01% |
12,160
+2,309
| +23% | +$55.1K |
|
1891
Korn Ferry
KFY
$4.19B
| $299K | ﹤0.01% |
6,669
+603
| +10% | +$27.6K |
|
|
SIX
1892
DELISTED
Six Flags Entertainment Corp.
SIX
| $299K | ﹤0.01% |
6,084
-546
| -8% | -$30.9K |
|
1893
CNO Financial Group
CNO
$5.14B
| $298K | ﹤0.01% |
18,407
+3,754
| +26% | +$63.6K |
|
|
TPH
1894
DELISTED
Tri Pointe Homes
TPH
| $298K | ﹤0.01% |
23,557
+4,525
| +24% | +$57.6K |
|
1895
State Street SPDR S&P Retail ETF
XRT
$325M
| $298K | ﹤0.01% |
6,607
-42,261
| -86% | -$1.88M |
|
1896
Artesian Resources
ARTNA
$355M
| $297K | ﹤0.01% |
7,942
+7
| +0.1% | +$259 |
|
1897
Eagle Materials
EXP
$6.53B
| $297K | ﹤0.01% |
3,526
+1,484
| +73% | +$107K |
|
1898
Invesco Global Water ETF
PIO
$283M
| $296K | ﹤0.01% |
11,011
| – | – |
|
|
QVCGA
1899
DELISTED
QVC Group Inc Series A
QVCGA
| $296K | ﹤0.01% |
383
-336
| -47% | -$324K |
|
1900
NatWest
NWG
$76.1B
| $295K | ﹤0.01% |
42,060
+9,223
| +28% | +$64.7K |
|
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.