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 S&P 500 ETF
IVV
|
+$698M |
| 2 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$88.6M |
| 3 |
Vanguard Total Bond Market
BND
|
+$85.9M |
| 4 |
Vanguard Tax-Exempt Bond Index Fund
VTEB
|
+$58.8M |
| 5 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$52M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$313M |
| 2 |
iShares Core MSCI EAFE ETF
IEFA
|
+$279M |
| 3 |
iShares Core US Aggregate Bond ETF
AGG
|
+$108M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$74.1M |
| 5 |
Y
Alleghany Corp
Y
|
+$74M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 25.55% |
| 2 | Technology | 9.08% |
| 3 | Financials | 7.39% |
| 4 | Consumer Discretionary | 6.14% |
| 5 | Consumer Staples | 4.75% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1976
Pinduoduo
PDD
$131B
| $242K | ﹤0.01% |
2,962
+158
| +6% | +$11K |
|
1977
United Fire Group
UFCS
$1.4B
| $241K | ﹤0.01% |
8,799
+182
| +2% | +$5.31K |
|
1978
Western Alliance Bancorporation
WAL
$8.87B
| $241K | ﹤0.01% |
4,039
-2,169
| -35% | -$140K |
|
1979
Essential Properties Realty Trust
EPRT
$6.62B
| $239K | ﹤0.01% |
10,193
-662
| -6% | -$14.4K |
|
1980
Invesco S&P Global Water Index ETF
CGW
$1.08B
| $239K | ﹤0.01% |
5,122
-2,109
| -29% | -$97.2K |
|
1981
Palomar
PLMR
$3.45B
| $238K | ﹤0.01% |
5,271
+432
| +9% | +$29.4K |
|
1982
MasterCraft Boat Holdings
MCFT
$590M
| $238K | ﹤0.01% |
9,200
| – | – |
|
|
CHGX
1983
DELISTED
AXS Change Finance ESG ETF
CHGX
| $237K | ﹤0.01% |
8,751
| – | – |
|
1984
Avnet
AVT
$7.92B
| $237K | ﹤0.01% |
5,700
+100
| +2% | +$4.16K |
|
1985
Dana Inc
DAN
$3.06B
| $237K | ﹤0.01% |
15,645
-299
| -2% | -$4.64K |
|
1986
Nomura Holdings
NMR
$29.1B
| $236K | ﹤0.01% |
62,961
+12,125
| +24% | +$41.9K |
|
1987
JPMorgan Ultra-Short Income ETF
JPST
$40.3B
| $235K | ﹤0.01% |
4,687
+313
| +7% | +$15.7K |
|
1988
Artesian Resources
ARTNA
$358M
| $235K | ﹤0.01% |
4,009
-390
| -9% | -$20.5K |
|
1989
Granite Construction
GVA
$5.62B
| $234K | ﹤0.01% |
6,678
+533
| +9% | +$17.4K |
|
1990
i3 Verticals
IIIV
$342M
| $234K | ﹤0.01% |
9,621
-107
| -1% | -$2.41K |
|
1991
Graham Holdings Company
GHC
$5.02B
| $234K | ﹤0.01% |
387
-14
| -3% | -$8.54K |
|
1992
iShares Morningstar Growth ETF
ILCG
$3.27B
| $234K | ﹤0.01% |
4,802
-749
| -13% | -$37.5K |
|
|
SJR
1993
DELISTED
Shaw Communications Inc.
SJR
| $233K | ﹤0.01% |
8,099
+2,316
| +40% | +$60.8K |
|
1994
Kilroy Realty
KRC
$4.42B
| $233K | ﹤0.01% |
6,023
+1,750
| +41% | +$72.1K |
|
|
STR
1995
DELISTED
Sitio Royalties
STR
| $232K | ﹤0.01% |
8,058
+2,797
| +53% | +$81K |
|
1996
iShares MSCI United Kingdom ETF
EWU
$4.16B
| $232K | ﹤0.01% |
7,563
-8,488
| -53% | -$249K |
|
1997
Harmony Biosciences
HRMY
$2.24B
| $231K | ﹤0.01% |
4,185
+3,081
| +279% | +$169K |
|
|
NATI
1998
DELISTED
National Instruments Corp
NATI
| $230K | ﹤0.01% |
6,235
+383
| +7% | +$15K |
|
1999
Triumph Financial Inc
TFIN
$1.82B
| $229K | ﹤0.01% |
4,678
+241
| +5% | +$13K |
|
2000
Kulicke & Soffa
KLIC
$4.78B
| $229K | ﹤0.01% |
5,163
-16
| -0.3% | -$703 |
|
Similar funds
PNC Financial Services Group's Q4 2022 Portfolio in Review
As of Q4 2022, PNC Financial Services Group held 4,959 positions worth $104B, up 8.9% from $95.6B the previous quarter. Its ten largest holdings account for 37% of the portfolio.
PNC Financial Services Group's Q4 2022 filing shows 366 new, 1,507 increased, 2,037 reduced and 197 closed positions. Its largest new stake was Hamilton Beach Brands: 485,076 shares worth $6.01M. The largest sale was Invesco QQQ Trust, an estimated $313M.
By sector, the portfolio is most concentrated in Healthcare at 26% of assets, up from 25% a quarter earlier, followed by Technology and Financials.
- PNC Financial Services Group's largest Q4 2022 buy was Hamilton Beach Brands: 485,076 shares worth $6.01M.
- PNC Financial Services Group added most to iShares Core S&P 500 ETF in Q4 2022, an estimated $698M increase.
- PNC Financial Services Group's biggest Q4 2022 reduction was Invesco QQQ Trust, cutting an estimated $313M.
- PNC Financial Services Group fully exited Alleghany Corp in Q4 2022, selling an estimated $74M.
- PNC Financial Services Group's ten largest holdings make up 37% of its $104B portfolio in Q4 2022.
- PNC Financial Services Group opened 366 new positions and closed 197 in Q4 2022.
- PNC Financial Services Group's portfolio value rose 8.9% quarter-over-quarter to $104B.
Based on PNC Financial Services Group's 13F filing for Q4 2022, filed 10 Feb 2023.