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 |
Invesco NASDAQ 100 ETF
QQQM
|
+$483M |
| 2 |
iShares MBS ETF
MBB
|
+$220M |
| 3 |
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
|
+$210M |
| 4 |
iShares Core US Aggregate Bond ETF
AGG
|
+$202M |
| 5 |
iShares US Treasury Bond ETF
GOVT
|
+$191M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$641M |
| 2 |
iShares Core Universal USD Bond ETF
IUSB
|
+$161M |
| 3 |
Vanguard Morningstar Total Stock Market ETF
VTI
|
+$145M |
| 4 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$119M |
| 5 |
Microsoft
MSFT
|
+$105M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 35.31% |
| 2 | Technology | 9.8% |
| 3 | Financials | 6.28% |
| 4 | Consumer Discretionary | 4.09% |
| 5 | Industrials | 3.42% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1976
Lightspeed Commerce
LSPD
$1.32B
| $252K | ﹤0.01% |
18,420
| – | – |
|
1977
Cirrus Logic
CRUS
$6.23B
| $252K | ﹤0.01% |
1,974
-105
| -5% | -$11K |
|
1978
TELA Bio
TELA
$38.5M
| $252K | ﹤0.01% |
53,612
-127
| -0.2% | -$669 |
|
1979
Yeti Holdings
YETI
$3.93B
| $252K | ﹤0.01% |
6,594
-240
| -4% | -$9.34K |
|
1980
Four Corners Property Trust
FCPT
$2.75B
| $252K | ﹤0.01% |
10,196
-599
| -6% | -$14.4K |
|
1981
Bentley Systems
BSY
$10.7B
| $251K | ﹤0.01% |
5,093
+3,013
| +145% | +$156K |
|
|
AZPN
1982
DELISTED
Aspen Technology Inc
AZPN
| $251K | ﹤0.01% |
1,264
-155
| -11% | -$31.8K |
|
1983
Goldman Sachs BDC
GSBD
$1.02B
| $250K | ﹤0.01% |
16,617
| – | – |
|
1984
Brunswick
BC
$5.28B
| $250K | ﹤0.01% |
3,430
-294
| -8% | -$24K |
|
1985
First Trust Utilities AlphaDEX Fund
FXU
$821M
| $249K | ﹤0.01% |
7,542
| – | – |
|
1986
Flowers Foods
FLO
$1.53B
| $249K | ﹤0.01% |
11,216
-1,919
| -15% | -$45.4K |
|
|
ARI
1987
Apollo Commercial Real Estate
ARI
$876M
| $248K | ﹤0.01% |
25,347
+2,641
| +12% | +$27.2K |
|
1988
Trinity Industries
TRN
$2.47B
| $248K | ﹤0.01% |
8,287
-6
| -0.1% | -$175 |
|
1989
Vanguard Total Corporate Bond ETF
VTC
$1.72B
| $248K | ﹤0.01% |
+3,271
| New | +$247K |
|
1990
StoneCo
STNE
$2.69B
| $247K | ﹤0.01% |
20,629
+8,327
| +68% | +$123K |
|
1991
Alkami Technology
ALKT
$2.11B
| $247K | ﹤0.01% |
8,681
+8,624
| +15,130% | +$223K |
|
1992
Signet Jewelers
SIG
$3.65B
| $247K | ﹤0.01% |
2,754
+5
| +0.2% | +$494 |
|
1993
Invesco High Yield Equity Dividend Achievers ETF
PEY
$1.16B
| $247K | ﹤0.01% |
12,554
-901
| -7% | -$18K |
|
1994
Invesco Building & Construction ETF
PKB
$446M
| $246K | ﹤0.01% |
3,630
-103
| -3% | -$7.25K |
|
1995
Black Stone Minerals
BSM
$3.02B
| $246K | ﹤0.01% |
15,695
+150
| +1% | +$2.4K |
|
1996
Enel Chile
ENIC
$6.32B
| $245K | ﹤0.01% |
87,376
+733
| +0.8% | +$2.17K |
|
1997
Sweetgreen
SG
$698M
| $244K | ﹤0.01% |
8,098
-7,139
| -47% | -$196K |
|
1998
Kadant
KAI
$3.95B
| $244K | ﹤0.01% |
830
+208
| +33% | +$59.3K |
|
1999
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$4.89B
| $243K | ﹤0.01% |
8,199
+3,621
| +79% | +$106K |
|
2000
BlackRock MuniYield Quality Fund
MQY
$812M
| $242K | ﹤0.01% |
19,667
-5,312
| -21% | -$64.2K |
|
Similar funds
PNC Financial Services Group's Q2 2024 Portfolio in Review
As of Q2 2024, PNC Financial Services Group held 5,013 positions worth $150B, up 4.4% from $144B the previous quarter. Its ten largest holdings account for 49% of the portfolio.
PNC Financial Services Group's Q2 2024 filing shows 322 new, 1,562 increased, 2,166 reduced and 254 closed positions. Its largest new stake was GE Vernova: 257,196 shares worth $44.1M. The largest sale was Invesco QQQ Trust, an estimated $641M.
By sector, the portfolio is most concentrated in Healthcare at 35% of assets, up from 33% a quarter earlier, followed by Technology and Financials.
- PNC Financial Services Group's largest Q2 2024 buy was GE Vernova: 257,196 shares worth $44.1M.
- PNC Financial Services Group added most to Invesco NASDAQ 100 ETF in Q2 2024, an estimated $483M increase.
- PNC Financial Services Group's biggest Q2 2024 reduction was Invesco QQQ Trust, cutting an estimated $641M.
- PNC Financial Services Group fully exited Pioneer Natural Resource Co. in Q2 2024, selling an estimated $38.3M.
- PNC Financial Services Group's ten largest holdings make up 49% of its $150B portfolio in Q2 2024.
- PNC Financial Services Group opened 322 new positions and closed 254 in Q2 2024.
- PNC Financial Services Group's portfolio value rose 4.4% quarter-over-quarter to $150B.
Based on PNC Financial Services Group's 13F filing for Q2 2024, filed 9 Aug 2024.