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 |
iShares Core MSCI EAFE ETF
IEFA
|
+$151M |
| 2 |
Fidelity MSCI Real Estate Index ETF
FREL
|
+$135M |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$99.2M |
| 4 |
PGIM Ultra Short Bond ETF
PULS
|
+$68.5M |
| 5 |
Union Pacific
UNP
|
+$68M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
KSU
Kansas City Southern
KSU
|
+$85.3M |
| 2 |
Microsoft
MSFT
|
+$80.6M |
| 3 |
Bristol-Myers Squibb
BMY
|
+$77.7M |
| 4 |
Apple
AAPL
|
+$63M |
| 5 |
General Motors
GM
|
+$55.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 17.47% |
| 2 | Technology | 10.68% |
| 3 | Consumer Discretionary | 9.67% |
| 4 | Financials | 7.95% |
| 5 | Industrials | 4.39% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
TSMC
TSM
$2.1T
| $95M | 0.09% |
850,555
+56,217
| +7% | +$6.6M |
|
177
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$66.2B
| $94.7M | 0.09% |
1,003,310
+226,567
| +29% | +$21.6M |
|
178
American Tower
AMT
$80.8B
| $94.7M | 0.09% |
356,694
+554
| +0.2% | +$158K |
|
179
Lowe's Companies
LOW
$117B
| $94.1M | 0.09% |
463,997
-6,316
| -1% | -$1.26M |
|
180
State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
SHM
$3.46B
| $92.1M | 0.09% |
1,864,925
+125,209
| +7% | +$6.21M |
|
181
Crown Castle
CCI
$33.3B
| $90.6M | 0.08% |
522,912
-30,441
| -6% | -$5.88M |
|
182
Cigna
CI
$73.7B
| $90.2M | 0.08% |
450,885
+1,112
| +0.2% | +$242K |
|
183
AutoZone
AZO
$49.2B
| $90M | 0.08% |
52,978
-6,243
| -11% | -$10M |
|
184
Colgate-Palmolive
CL
$73.1B
| $89.5M | 0.08% |
1,183,835
-33,142
| -3% | -$2.63M |
|
185
Vanguard High Dividend Yield ETF
VYM
$80.9B
| $88.1M | 0.08% |
852,372
-42,340
| -5% | -$4.48M |
|
186
Northrop Grumman
NOC
$77.1B
| $87.1M | 0.08% |
241,887
-15,236
| -6% | -$5.51M |
|
187
Waste Management
WM
$90.6B
| $87.1M | 0.08% |
582,887
-8,275
| -1% | -$1.24M |
|
188
SPDR Gold Trust
GLD
$131B
| $83.8M | 0.08% |
510,304
+3,607
| +0.7% | +$604K |
|
189
iShares US Real Estate ETF
IYR
$4.66B
| $83.6M | 0.08% |
816,115
+51,332
| +7% | +$5.46M |
|
190
iShares ESG Optimized MSCI USA ETF
SUSA
$4.01B
| $82M | 0.08% |
854,847
+36,365
| +4% | +$3.59M |
|
191
iShares S&P 100 ETF
OEF
$20.1B
| $81.9M | 0.08% |
414,717
-1,509
| -0.4% | -$306K |
|
192
iShares S&P Mid-Cap 400 Value ETF
IJJ
$8.83B
| $81.6M | 0.08% |
791,688
+3,065
| +0.4% | +$322K |
|
193
iShares Russell 3000 ETF
IWV
$19.6B
| $81.5M | 0.08% |
319,964
-27,506
| -8% | -$7.2M |
|
194
General Dynamics
GD
$104B
| $80.9M | 0.07% |
412,651
+4,271
| +1% | +$836K |
|
195
Tesla
TSLA
$1.23T
| $79.9M | 0.07% |
309,132
+8,808
| +3% | +$2.07M |
|
196
State Street Financial Select Sector SPDR ETF
XLF
$56.7B
| $79.8M | 0.07% |
2,127,123
+757,972
| +55% | +$28.4M |
|
197
iShares Biotechnology ETF
IBB
$9.34B
| $78.5M | 0.07% |
485,805
-1,864
| -0.4% | -$314K |
|
|
198
PGIM Ultra Short Bond ETF
PULS
$17.7B
| $78.2M | 0.07% |
1,574,211
+1,378,254
| +703% | +$68.5M |
|
199
Adobe
ADBE
$99.5B
| $78M | 0.07% |
135,419
+479
| +0.4% | +$301K |
|
200
iShares Global Infrastructure ETF
IGF
$10.9B
| $77.8M | 0.07% |
1,695,878
-202,983
| -11% | -$9.37M |
|
Similar funds
PNC Financial Services Group's Q3 2021 Portfolio in Review
As of Q3 2021, PNC Financial Services Group held 4,568 positions worth $108B, down 2% from $110B the previous quarter. Its ten largest holdings account for 33% of the portfolio.
PNC Financial Services Group's Q3 2021 filing shows 306 new, 1,682 increased, 1,558 reduced and 164 closed positions. Its largest new stake was Victoria's Secret: 82,097 shares worth $4.54M. The largest sale was Kansas City Southern, an estimated $85.3M.
By sector, the portfolio is most concentrated in Healthcare at 17% of assets, up from 17% a quarter earlier, followed by Technology and Consumer Discretionary.
- PNC Financial Services Group's largest Q3 2021 buy was Victoria's Secret: 82,097 shares worth $4.54M.
- PNC Financial Services Group added most to iShares Core MSCI EAFE ETF in Q3 2021, an estimated $151M increase.
- PNC Financial Services Group's biggest Q3 2021 reduction was Kansas City Southern, cutting an estimated $85.3M.
- PNC Financial Services Group fully exited U S Concrete, Inc. in Q3 2021, selling an estimated $11.4M.
- PNC Financial Services Group's ten largest holdings make up 33% of its $108B portfolio in Q3 2021.
- PNC Financial Services Group opened 306 new positions and closed 164 in Q3 2021.
- PNC Financial Services Group's portfolio value fell 2% quarter-over-quarter to $108B.
Based on PNC Financial Services Group's 13F filing for Q3 2021, filed 5 Nov 2021.