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 | |
|---|---|---|---|---|---|---|
1901
PENN Entertainment
PENN
$2.73B
| $295K | ﹤0.01% |
14,707
-229
| -2% | -$5.36K |
|
|
CBPX
1902
DELISTED
CONTINENTAL BUILDING PRODUCTS, INC.
CBPX
| $295K | ﹤0.01% |
11,900
+490
| +4% | +$12.9K |
|
1903
Nuveen Municipal Value Fund
NUV
$1.89B
| $294K | ﹤0.01% |
29,426
-3,916
| -12% | -$37.8K |
|
1904
DNOW Inc
DNOW
$2.79B
| $293K | ﹤0.01% |
21,002
-58
| -0.3% | -$806 |
|
|
NPKI
1905
NPK International
NPKI
$1.16B
| $293K | ﹤0.01% |
31,745
+557
| +2% | +$4.78K |
|
|
EQC
1906
DELISTED
Equity Commonwealth
EQC
| $293K | ﹤0.01% |
8,973
+5,900
| +192% | +$189K |
|
|
SNBR
1907
DELISTED
Sleep Number
SNBR
| $292K | ﹤0.01% |
6,209
-322
| -5% | -$13K |
|
1908
Pegasystems
PEGA
$5.18B
| $291K | ﹤0.01% |
8,978
+392
| +5% | +$11.6K |
|
1909
UMB Financial
UMBF
$11B
| $291K | ﹤0.01% |
4,536
-100,618
| -96% | -$6.65M |
|
|
BPMC
1910
DELISTED
Blueprint Medicines
BPMC
| $290K | ﹤0.01% |
3,616
-639
| -15% | -$47.2K |
|
|
IBA
1911
DELISTED
Industrias Bachoco SAB De C.V.
IBA
| $290K | ﹤0.01% |
6,295
| – | – |
|
|
CTWS
1912
DELISTED
Connecticut Water Service Inc
CTWS
| $289K | ﹤0.01% |
4,217
| – | – |
|
1913
Abercrombie & Fitch
ANF
$4.94B
| $288K | ﹤0.01% |
10,513
+316
| +3% | +$7.09K |
|
1914
TRI-Continental Corp
TY
$1.89B
| $288K | ﹤0.01% |
10,919
+4,958
| +83% | +$127K |
|
1915
United Fire Group
UFCS
$1.4B
| $288K | ﹤0.01% |
6,565
-201
| -3% | -$10K |
|
|
BBT
1916
Beacon Financial Corp
BBT
$2.66B
| $286K | ﹤0.01% |
10,545
+705
| +7% | +$20.4K |
|
1917
Range Resources
RRC
$9.04B
| $286K | ﹤0.01% |
25,476
-42,342
| -62% | -$459K |
|
|
ARI
1918
Apollo Commercial Real Estate
ARI
$877M
| $285K | ﹤0.01% |
15,738
+2,685
| +21% | +$48.3K |
|
1919
iShares International Developed Real Estate ETF
IFGL
$82.7M
| $285K | ﹤0.01% |
9,374
+13
| +0.1% | +$380 |
|
1920
Digi International
DGII
$3.12B
| $284K | ﹤0.01% |
22,429
-5,304
| -19% | -$66.2K |
|
1921
Miller Industries
MLR
$619M
| $284K | ﹤0.01% |
9,200
| – | – |
|
1922
Sasol
SSL
$7.22B
| $284K | ﹤0.01% |
9,194
+91
| +1% | +$2.75K |
|
|
WNS
1923
DELISTED
WNS Holdings
WNS
| $284K | ﹤0.01% |
5,320
-439
| -8% | -$22K |
|
1924
ACNB Corp
ACNB
$659M
| $283K | ﹤0.01% |
7,665
+3,265
| +74% | +$123K |
|
1925
Helix Energy Solutions
HLX
$1.47B
| $283K | ﹤0.01% |
35,623
-1,552
| -4% | -$11.1K |
|
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.