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 | |
|---|---|---|---|---|---|---|
1876
Photronics
PLAB
$1.94B
| $208K | ﹤0.01% |
18,702
-2,094
| -10% | -$24K |
|
1877
Ubiquiti
UI
$34.7B
| $208K | ﹤0.01% |
1,195
+303
| +34% | +$50.8K |
|
|
JBTM
1878
JBT Marel
JBTM
$6.5B
| $207K | ﹤0.01% |
2,402
-7,110
| -75% | -$552K |
|
|
DS
1879
DELISTED
Drive Shack Inc.
DS
| $207K | ﹤0.01% |
111,346
+2,579
| +2% | +$4.24K |
|
1880
Flex
FLEX
$45.2B
| $206K | ﹤0.01% |
26,612
-3,041
| -10% | -$21.9K |
|
|
XIFR
1881
XPLR Infrastructure LP
XIFR
$1.09B
| $206K | ﹤0.01% |
4,016
+3,707
| +1,200% | +$180K |
|
|
TPTX
1882
DELISTED
Turning Point Therapeutics, Inc. Common Stock
TPTX
| $206K | ﹤0.01% |
3,180
+640
| +25% | +$36.9K |
|
1883
Brunswick
BC
$5.28B
| $205K | ﹤0.01% |
3,205
-429
| -12% | -$21.4K |
|
1884
Genpact
G
$5.8B
| $205K | ﹤0.01% |
5,631
+1,584
| +39% | +$53.5K |
|
1885
Enpro
NPO
$7.14B
| $205K | ﹤0.01% |
4,166
+267
| +7% | +$11.8K |
|
1886
Ziff Davis
ZD
$2B
| $204K | ﹤0.01% |
3,718
-1,042
| -22% | -$68.1K |
|
|
DAY
1887
DELISTED
Dayforce
DAY
| $204K | ﹤0.01% |
2,557
+304
| +13% | +$19.5K |
|
|
ECOL
1888
DELISTED
US Ecology, Inc.
ECOL
| $204K | ﹤0.01% |
5,963
+1,053
| +21% | +$34.3K |
|
1889
Sensient Technologies
SXT
$5.53B
| $203K | ﹤0.01% |
3,893
-798
| -17% | -$37.7K |
|
1890
United Microelectronic
UMC
$46.7B
| $203K | ﹤0.01% |
77,153
+1,906
| +3% | +$4.79K |
|
|
PRFT
1891
DELISTED
Perficient Inc
PRFT
| $203K | ﹤0.01% |
5,653
+1,515
| +37% | +$50.3K |
|
|
CALY
1892
Callaway Golf Company
CALY
$3.17B
| $202K | ﹤0.01% |
11,632
+808
| +7% | +$11.2K |
|
1893
Starwood Property Trust
STWD
$6.01B
| $202K | ﹤0.01% |
13,469
-1,016
| -7% | -$13.7K |
|
1894
Smith & Wesson
SWBI
$640M
| $202K | ﹤0.01% |
12,246
+1,301
| +12% | +$12.1K |
|
1895
State Street SPDR S&P Global Dividend ETF
WDIV
$280M
| $202K | ﹤0.01% |
3,841
-218
| -5% | -$11.2K |
|
1896
First Trust STOXX European Select Dividend Income Fund
FDD
$907M
| $201K | ﹤0.01% |
19,277
-4,092
| -18% | -$40.6K |
|
1897
FTAI Aviation
FTAI
$22.4B
| $200K | ﹤0.01% |
17,977
| – | – |
|
|
GF
1898
New Germany Fund
GF
$188M
| $200K | ﹤0.01% |
13,116
-2,454
| -16% | -$33.5K |
|
1899
iShares US Regional Banks ETF
IAT
$681M
| $200K | ﹤0.01% |
5,903
-154
| -3% | -$5.02K |
|
1900
IPG Photonics
IPGP
$3.88B
| $200K | ﹤0.01% |
1,254
-364
| -22% | -$51.8K |
|
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.