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 |
Kontoor Brands
KTB
|
+$580M |
| 2 |
iShares Core S&P Small-Cap ETF
IJR
|
+$109M |
| 3 |
Schwab US REIT ETF
SCHH
|
+$96.2M |
| 4 |
Dow Inc
DOW
|
+$90.9M |
| 5 |
iShares Core S&P 500 ETF
IVV
|
+$85.7M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
VF Corp
VFC
|
+$737M |
| 2 |
Boeing
BA
|
+$145M |
| 3 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$138M |
| 4 |
iShares TIPS Bond ETF
TIP
|
+$134M |
| 5 |
iShares MSCI Emerging Markets ETF
EEM
|
+$125M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 23.62% |
| 2 | Consumer Discretionary | 16% |
| 3 | Technology | 7% |
| 4 | Healthcare | 6.44% |
| 5 | Industrials | 4.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
State Street SPDR Dow Jones REIT ETF
RWR
$1.91B
| $83.3M | 0.08% |
843,474
-37,943
| -4% | -$3.77M |
|
177
iShares Core Universal USD Bond ETF
IUSB
$43.1B
| $83.2M | 0.08% |
1,609,909
+193,022
| +14% | +$9.8M |
|
178
General Mills
GIS
$20.1B
| $82.5M | 0.08% |
1,571,170
-130,511
| -8% | -$6.74M |
|
179
Ameriprise Financial
AMP
$48.3B
| $79.5M | 0.08% |
547,456
+65,227
| +14% | +$9.43M |
|
180
United Rentals
URI
$67.9B
| $79.2M | 0.08% |
596,815
-39,595
| -6% | -$5.03M |
|
181
iShares 1-3 Year Treasury Bond ETF
SHY
$25.4B
| $78.8M | 0.08% |
929,913
+5,176
| +0.6% | +$436K |
|
182
Schwab International Small-Cap Equity ETF
SCHC
$5.35B
| $78.6M | 0.08% |
2,409,394
+2,124,749
| +746% | +$68.9M |
|
183
Phillips 66
PSX
$82.5B
| $78.5M | 0.08% |
838,913
-24,333
| -3% | -$2.18M |
|
184
Thermo Fisher Scientific
TMO
$214B
| $78.1M | 0.08% |
265,889
-1,869
| -0.7% | -$515K |
|
185
Becton Dickinson
BDX
$45.8B
| $78M | 0.08% |
317,159
-15,193
| -5% | -$3.53M |
|
186
T-Mobile US
TMUS
$196B
| $77.4M | 0.08% |
1,044,165
+8,007
| +0.8% | +$595K |
|
187
State Street SPDR Bloomberg Convertible Securities ETF
CWB
$5.52B
| $76M | 0.07% |
1,437,309
-22,319
| -2% | -$1.17M |
|
188
Allstate
ALL
$70.1B
| $75.6M | 0.07% |
743,560
-47,795
| -6% | -$4.67M |
|
189
Dollar General
DG
$27.8B
| $74.7M | 0.07% |
552,991
-23,806
| -4% | -$3.01M |
|
190
Duke Energy
DUK
$101B
| $73.9M | 0.07% |
837,094
-638,918
| -43% | -$56.5M |
|
191
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46B
| $73.6M | 0.07% |
276,756
-8,999
| -3% | -$2.35M |
|
192
State Street SPDR MSCI ACWI ex-US ETF
CWI
$2.73B
| $73.2M | 0.07% |
2,992,998
-8,361
| -0.3% | -$202K |
|
193
Vanguard FTSE All-World ex-US Small-Cap Index Fund
VSS
$11.2B
| $73.1M | 0.07% |
694,514
+326,738
| +89% | +$34.1M |
|
194
PayPal
PYPL
$51.4B
| $73M | 0.07% |
637,443
-35,771
| -5% | -$3.96M |
|
195
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$15B
| $71.1M | 0.07% |
627,698
+15,493
| +3% | +$1.71M |
|
196
CVS Health
CVS
$140B
| $71.1M | 0.07% |
1,303,906
-174,820
| -12% | -$9.41M |
|
197
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$66.4B
| $70M | 0.07% |
779,434
+42,773
| +6% | +$3.74M |
|
198
iShares Global Infrastructure ETF
IGF
$10.9B
| $70M | 0.07% |
1,514,164
+52,518
| +4% | +$2.38M |
|
199
Burlington
BURL
$23.3B
| $69.6M | 0.07% |
409,305
-51,291
| -11% | -$8.38M |
|
200
Darden Restaurants
DRI
$23.7B
| $69.5M | 0.07% |
571,138
+417,954
| +273% | +$49.7M |
|
Similar funds
PNC Financial Services Group's Q2 2019 Portfolio in Review
As of Q2 2019, PNC Financial Services Group held 4,315 positions worth $102B, up 2.2% from $99.9B the previous quarter. Its ten largest holdings account for 39% of the portfolio.
PNC Financial Services Group's Q2 2019 filing shows 172 new, 1,472 increased, 1,793 reduced and 213 closed positions. Its largest new stake was Kontoor Brands: 19,508,496 shares worth $547M. The largest sale was VF Corp, an estimated $737M.
By sector, the portfolio is most concentrated in Financials at 24% of assets, up from 22% a quarter earlier, followed by Consumer Discretionary and Technology.
- PNC Financial Services Group's largest Q2 2019 buy was Kontoor Brands: 19,508,496 shares worth $547M.
- PNC Financial Services Group added most to iShares Core S&P Small-Cap ETF in Q2 2019, an estimated $109M increase.
- PNC Financial Services Group's biggest Q2 2019 reduction was VF Corp, cutting an estimated $737M.
- PNC Financial Services Group fully exited Blackstone in Q2 2019, selling an estimated $21.5M.
- PNC Financial Services Group's ten largest holdings make up 39% of its $102B portfolio in Q2 2019.
- PNC Financial Services Group opened 172 new positions and closed 213 in Q2 2019.
- PNC Financial Services Group's portfolio value rose 2.2% quarter-over-quarter to $102B.
Based on PNC Financial Services Group's 13F filing for Q2 2019, filed 9 Aug 2019.