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 |
WisdomTree Trust WisdomTree US Quality Dividend Growth Fund
DGRW
|
+$213M |
| 2 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$139M |
| 3 |
iShares MSCI Intl Quality Factor ETF
IQLT
|
+$103M |
| 4 |
iShares US Treasury Bond ETF
GOVT
|
+$99.7M |
| 5 |
iShares Core S&P 500 ETF
IVV
|
+$83.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$171M |
| 2 |
Apple
AAPL
|
+$76.9M |
| 3 |
Coca-Cola
KO
|
+$76.3M |
| 4 |
Union Pacific
UNP
|
+$68.7M |
| 5 |
Invesco QQQ Trust
QQQ
|
+$59.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 29.4% |
| 2 | Technology | 9.75% |
| 3 | Financials | 6.55% |
| 4 | Consumer Discretionary | 4.97% |
| 5 | Consumer Staples | 3.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
DOCU
1951
DocuSign
DOCU
$11.5B
| $247K | ﹤0.01% |
5,871
-2,354
| -29% | -$115K |
|
1952
Bloomin' Brands
BLMN
$938M
| $246K | ﹤0.01% |
10,022
-553
| -5% | -$14.7K |
|
|
MRCC
1953
DELISTED
Monroe Capital Corp
MRCC
| $246K | ﹤0.01% |
33,012
| – | – |
|
|
SWN
1954
DELISTED
Southwestern Energy Company
SWN
| $246K | ﹤0.01% |
38,123
-2,408
| -6% | -$15.4K |
|
1955
Aramark
ARMK
$14.7B
| $246K | ﹤0.01% |
9,803
-3,271
| -25% | -$91.7K |
|
1956
Guggenheim Strategic Opportunities Fund
GOF
$2.26B
| $245K | ﹤0.01% |
16,567
+888
| +6% | +$14K |
|
1957
TriMas Corp
TRS
$1.44B
| $244K | ﹤0.01% |
9,863
-1,154
| -10% | -$30K |
|
1958
Dropbox
DBX
$8.12B
| $243K | ﹤0.01% |
8,932
+1,384
| +18% | +$37.7K |
|
1959
Phreesia
PHR
$773M
| $243K | ﹤0.01% |
13,018
-1,891
| -13% | -$50.9K |
|
1960
iShares US Healthcare Providers ETF
IHF
$1.27B
| $243K | ﹤0.01% |
4,940
| – | – |
|
|
CHI
1961
Calamos Convertible Opportunities and Income Fund
CHI
$1.05B
| $243K | ﹤0.01% |
23,059
| – | – |
|
1962
Parsons
PSN
$5.08B
| $243K | ﹤0.01% |
4,471
+1,566
| +54% | +$82.9K |
|
|
ORAN
1963
DELISTED
Orange
ORAN
| $242K | ﹤0.01% |
21,100
+2,786
| +15% | +$31.9K |
|
1964
Goldman Sachs BDC
GSBD
$1.1B
| $242K | ﹤0.01% |
16,617
+9,000
| +118% | +$130K |
|
|
MODN
1965
DELISTED
MODEL N, INC.
MODN
| $242K | ﹤0.01% |
9,900
-1,188
| -11% | -$35.3K |
|
1966
Grupo Cibest SA
CIB
$21.1B
| $241K | ﹤0.01% |
9,045
+212
| +2% | +$5.89K |
|
|
TRST
1967
Trustco Bank Corp NY
TRST
$938M
| $241K | ﹤0.01% |
8,835
-719
| -8% | -$20.7K |
|
1968
OneSpaWorld
OSW
$2.66B
| $241K | ﹤0.01% |
21,462
+7,522
| +54% | +$87.7K |
|
|
WOW
1969
DELISTED
WideOpenWest
WOW
| $241K | ﹤0.01% |
31,477
+26,723
| +562% | +$212K |
|
1970
State Street SPDR S&P 400 Mid Cap Value ETF
MDYV
$2.83B
| $241K | ﹤0.01% |
3,711
-238
| -6% | -$16.3K |
|
1971
Cathay General Bancorp
CATY
$4.24B
| $239K | ﹤0.01% |
6,885
-1,085
| -14% | -$38.7K |
|
|
DOOR
1972
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $239K | ﹤0.01% |
2,566
-23
| -0.9% | -$2.31K |
|
1973
Editas Medicine
EDIT
$442M
| $239K | ﹤0.01% |
30,664
-200
| -0.6% | -$1.72K |
|
1974
iShares MSCI South Korea ETF
EWY
$24.1B
| $239K | ﹤0.01% |
4,057
-179
| -4% | -$11.4K |
|
1975
Bank of America Series L
BAC.PRL
$3.99B
| $238K | ﹤0.01% |
214
-25
| -10% | -$29K |
|
Similar funds
PNC Financial Services Group's Q3 2023 Portfolio in Review
As of Q3 2023, PNC Financial Services Group held 4,862 positions worth $117B, down 0.47% from $117B the previous quarter. Its ten largest holdings account for 43% of the portfolio.
PNC Financial Services Group's Q3 2023 filing shows 174 new, 1,456 increased, 2,126 reduced and 251 closed positions. Its largest new stake was JPMorgan Sustainable Municipal Income ETF: 206,038 shares worth $9.91M. The largest sale was iShares MSCI USA Quality Factor ETF, an estimated $171M.
By sector, the portfolio is most concentrated in Healthcare at 29% of assets, up from 27% a quarter earlier, followed by Technology and Financials.
- PNC Financial Services Group's largest Q3 2023 buy was JPMorgan Sustainable Municipal Income ETF: 206,038 shares worth $9.91M.
- PNC Financial Services Group added most to WisdomTree Trust WisdomTree US Quality Dividend Growth Fund in Q3 2023, an estimated $213M increase.
- PNC Financial Services Group's biggest Q3 2023 reduction was iShares MSCI USA Quality Factor ETF, cutting an estimated $171M.
- PNC Financial Services Group fully exited Magellan Midstream Partners, L.P. in Q3 2023, selling an estimated $10.8M.
- PNC Financial Services Group's ten largest holdings make up 43% of its $117B portfolio in Q3 2023.
- PNC Financial Services Group opened 174 new positions and closed 251 in Q3 2023.
- PNC Financial Services Group's portfolio value fell 0.47% quarter-over-quarter to $117B.
Based on PNC Financial Services Group's 13F filing for Q3 2023, filed 13 Nov 2023.