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 | |
|---|---|---|---|---|---|---|
2051
Banner Corp
BANR
$2.4B
| $216K | ﹤0.01% |
5,106
-124
| -2% | -$5.56K |
|
2052
Origin Bancorp
OBK
$1.66B
| $216K | ﹤0.01% |
7,489
+359
| +5% | +$11K |
|
2053
New Oriental
EDU
$8.98B
| $216K | ﹤0.01% |
3,690
+115
| +3% | +$6.03K |
|
2054
Eaton Vance Tax-Advantaged Dividend Income Fund
EVT
$2.16B
| $216K | ﹤0.01% |
10,186
+1,335
| +15% | +$30.2K |
|
2055
Western Midstream Partners
WES
$19.3B
| $216K | ﹤0.01% |
7,918
-1,433
| -15% | -$38.9K |
|
2056
EPR Properties
EPR
$4.77B
| $215K | ﹤0.01% |
5,184
-118
| -2% | -$5.2K |
|
2057
Koppers
KOP
$969M
| $215K | ﹤0.01% |
5,425
+95
| +2% | +$3.59K |
|
2058
Watts Water Technologies
WTS
$13.1B
| $214K | ﹤0.01% |
1,236
-62
| -5% | -$11.3K |
|
|
GUT
2059
Gabelli Utility Trust
GUT
$559M
| $213K | ﹤0.01% |
41,295
+2,352
| +6% | +$15.5K |
|
|
AGD
2060
abrdn Global Dynamic Dividend Fund
AGD
$320M
| $212K | ﹤0.01% |
24,524
+4,500
| +22% | +$42K |
|
2061
Par Pacific Holdings
PARR
$3.32B
| $212K | ﹤0.01% |
5,896
-562
| -9% | -$18.5K |
|
2062
Alamos Gold
AGI
$13.9B
| $212K | ﹤0.01% |
18,754
-15,369
| -45% | -$185K |
|
2063
First American
FAF
$7.58B
| $211K | ﹤0.01% |
3,742
-54
| -1% | -$3.24K |
|
2064
InterDigital
IDCC
$8.89B
| $211K | ﹤0.01% |
2,634
-4
| -0.2% | -$348 |
|
2065
Lumen
LUMN
$6.44B
| $211K | ﹤0.01% |
148,595
-43,010
| -22% | -$72.8K |
|
2066
AdaptHealth
AHCO
$759M
| $210K | ﹤0.01% |
23,122
+20,160
| +681% | +$242K |
|
2067
HUB Group
HUBG
$2.92B
| $210K | ﹤0.01% |
5,354
-1,166
| -18% | -$47.8K |
|
2068
Gorman-Rupp
GRC
$2.21B
| $210K | ﹤0.01% |
6,389
| – | – |
|
2069
Customers Bancorp
CUBI
$2.77B
| $210K | ﹤0.01% |
6,100
-379
| -6% | -$13.7K |
|
|
ITCI
2070
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $210K | ﹤0.01% |
4,034
-3,097
| -43% | -$180K |
|
2071
State Street Ultra Short Term Bond ETF
ULST
$526M
| $210K | ﹤0.01% |
5,215
| – | – |
|
2072
Tenet Healthcare
THC
$21.1B
| $210K | ﹤0.01% |
3,182
-73
| -2% | -$5.46K |
|
2073
Douglas Emmett
DEI
$1.96B
| $209K | ﹤0.01% |
16,401
-424
| -3% | -$5.73K |
|
2074
Goldman Sachs Group Inc Series C Preferred Stock
GS.PRC
$153M
| $209K | ﹤0.01% |
9,669
| – | – |
|
2075
Invesco DB Oil Fund
DBO
$366M
| $208K | ﹤0.01% |
11,800
| – | – |
|
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.