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 | |
|---|---|---|---|---|---|---|
1951
State Street SPDR S&P Global Dividend ETF
WDIV
$278M
| $269K | ﹤0.01% |
4,049
-313
| -7% | -$20.6K |
|
1952
Jabil
JBL
$36.1B
| $268K | ﹤0.01% |
10,096
+1,381
| +16% | +$36.9K |
|
1953
Silicon Motion
SIMO
$9.07B
| $268K | ﹤0.01% |
6,761
+308
| +5% | +$12K |
|
1954
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
$3.13B
| $268K | ﹤0.01% |
5,442
-563
| -9% | -$27.3K |
|
|
LOGM
1955
DELISTED
LogMein, Inc.
LOGM
| $268K | ﹤0.01% |
3,354
+719
| +27% | +$61.4K |
|
|
ILPT
1956
Industrial Logistics Properties Trust
ILPT
$575M
| $264K | ﹤0.01% |
13,075
-443
| -3% | -$9.12K |
|
1957
Radware
RDWR
$1.17B
| $264K | ﹤0.01% |
10,068
-340
| -3% | -$8.29K |
|
|
CHCT
1958
Community Healthcare Trust
CHCT
$446M
| $263K | ﹤0.01% |
7,324
-587
| -7% | -$19.5K |
|
1959
ICF International
ICFI
$1.54B
| $263K | ﹤0.01% |
3,458
+120
| +4% | +$8.46K |
|
1960
AXIS Capital
AXS
$7.62B
| $262K | ﹤0.01% |
4,777
-157
| -3% | -$8.7K |
|
|
BLE
1961
DELISTED
BlackRock Municipal Income Trust II
BLE
| $262K | ﹤0.01% |
18,636
+10,678
| +134% | +$148K |
|
1962
FTAI Aviation
FTAI
$22.7B
| $262K | ﹤0.01% |
17,977
| – | – |
|
1963
Globus Medical
GMED
$11B
| $262K | ﹤0.01% |
5,325
+141
| +3% | +$6.38K |
|
|
MMT
1964
Aberdeen Multi-Market Income Fund
MMT
$239M
| $262K | ﹤0.01% |
46,042
-1,913
| -4% | -$10.6K |
|
1965
Kilroy Realty
KRC
$4.34B
| $261K | ﹤0.01% |
3,420
-157
| -4% | -$11.2K |
|
1966
Invesco CEF Income Composite ETF
PCEF
$811M
| $261K | ﹤0.01% |
11,796
-1,818
| -13% | -$39.5K |
|
1967
Valley National Bancorp
VLY
$8B
| $261K | ﹤0.01% |
27,221
-369
| -1% | -$3.76K |
|
|
CLR
1968
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $261K | ﹤0.01% |
5,822
-938
| -14% | -$41.9K |
|
1969
BlackRock Credit Allocation Income Trust
BTZ
$947M
| $260K | ﹤0.01% |
21,042
+3,730
| +22% | +$44.7K |
|
1970
CNB Financial Corp
CCNE
$1.04B
| $260K | ﹤0.01% |
10,300
| – | – |
|
1971
iShares Morningstar Growth ETF
ILCG
$3.24B
| $260K | ﹤0.01% |
7,125
-40
| -0.6% | -$1.39K |
|
|
ZGNX
1972
DELISTED
Zogenix, Inc.
ZGNX
| $260K | ﹤0.01% |
4,734
-1,840
| -28% | -$87.6K |
|
1973
Nu Skin
NUS
$252M
| $258K | ﹤0.01% |
5,360
+4,090
| +322% | +$248K |
|
1974
Quanterix
QTRX
$180M
| $258K | ﹤0.01% |
10,000
-10,000
| -50% | -$223K |
|
|
MIME
1975
DELISTED
Mimecast Limited
MIME
| $258K | ﹤0.01% |
5,452
-826
| -13% | -$34.7K |
|
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.