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 MSCI USA Min Vol Factor ETF
USMV
|
+$283M |
| 2 |
WisdomTree Trust WisdomTree US Quality Dividend Growth Fund
DGRW
|
+$208M |
| 3 |
Dimensional International Value ETF
DFIV
|
+$155M |
| 4 |
Honeywell
HON
|
+$99M |
| 5 |
iShares US Treasury Bond ETF
GOVT
|
+$92.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$227M |
| 2 |
iShares MSCI EAFE Value ETF
EFV
|
+$121M |
| 3 |
Lockheed Martin
LMT
|
+$82M |
| 4 |
Apple
AAPL
|
+$74.7M |
| 5 |
Waste Management
WM
|
+$69.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 28.9% |
| 2 | Technology | 10.12% |
| 3 | Financials | 6.81% |
| 4 | Consumer Discretionary | 5.14% |
| 5 | Industrials | 3.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ESGR
2101
DELISTED
Enstar Group
ESGR
| $208K | ﹤0.01% |
705
| – | – |
|
|
CTO
2102
CTO Realty Growth
CTO
$815M
| $207K | ﹤0.01% |
11,963
+1,925
| +19% | +$32K |
|
2103
Hawaiian Electric Industries
HE
$2.14B
| $207K | ﹤0.01% |
14,601
+4,515
| +45% | +$58.7K |
|
|
RCM
2104
DELISTED
R1 RCM Inc. Common Stock
RCM
| $207K | ﹤0.01% |
19,601
+908
| +5% | +$10.3K |
|
2105
AGNC Investment
AGNC
$12.9B
| $206K | ﹤0.01% |
21,021
+6,369
| +43% | +$56K |
|
2106
Horizon Kinetics Inflation Beneficiaries ETF
INFL
$1.53B
| $206K | ﹤0.01% |
6,550
| – | – |
|
2107
Banc of California
BANC
$2.97B
| $206K | ﹤0.01% |
15,346
+5,412
| +54% | +$66.9K |
|
2108
First Bancorp
FBNC
$2.68B
| $206K | ﹤0.01% |
5,562
+283
| +5% | +$8.89K |
|
|
GUT
2109
Gabelli Utility Trust
GUT
$559M
| $206K | ﹤0.01% |
38,943
-2,352
| -6% | -$13.2K |
|
2110
Vanguard S&P Mid-Cap 400 Value ETF
IVOV
$1.36B
| $205K | ﹤0.01% |
2,356
+223
| +10% | +$17.7K |
|
2111
AZZ Inc
AZZ
$4.54B
| $205K | ﹤0.01% |
3,532
-486
| -12% | -$23.9K |
|
2112
InfraCap MLP ETF
AMZA
$461M
| $205K | ﹤0.01% |
5,791
-650
| -10% | -$22.9K |
|
2113
Innospec
IOSP
$2.28B
| $204K | ﹤0.01% |
1,659
-129
| -7% | -$13.7K |
|
|
MODN
2114
DELISTED
MODEL N, INC.
MODN
| $204K | ﹤0.01% |
7,571
-2,329
| -24% | -$56.1K |
|
2115
Aramark
ARMK
$14.7B
| $204K | ﹤0.01% |
7,248
-2,555
| -26% | -$69.2K |
|
2116
Prospect Capital
PSEC
$1.17B
| $204K | ﹤0.01% |
33,998
-77,014
| -69% | -$443K |
|
2117
Schwab Fundamental US Small Company Index ETF
FNDA
$9.38B
| $203K | ﹤0.01% |
7,342
+674
| +10% | +$16.7K |
|
2118
Brighthouse Financial
BHF
$3.5B
| $203K | ﹤0.01% |
3,829
-283
| -7% | -$14.1K |
|
2119
Unitil
UTL
$980M
| $202K | ﹤0.01% |
3,849
+154
| +4% | +$7.45K |
|
|
DEA
2120
Easterly Government Properties
DEA
$1.18B
| $202K | ﹤0.01% |
6,017
+4,019
| +201% | +$119K |
|
2121
Schwab Fundamental US Broad Market Index ETF
FNDB
$1.45B
| $202K | ﹤0.01% |
9,900
-8,454
| -46% | -$160K |
|
|
TWN
2122
Taiwan Fund
TWN
$527M
| $201K | ﹤0.01% |
5,825
| – | – |
|
2123
Veracyte
VCYT
$3.8B
| $201K | ﹤0.01% |
7,323
+1,571
| +27% | +$37.9K |
|
2124
State Street SPDR S&P Capital Markets ETF
KCE
$466M
| $201K | ﹤0.01% |
1,973
-307
| -13% | -$27.5K |
|
2125
Sixth Street Specialty
TSLX
$1.81B
| $201K | ﹤0.01% |
9,310
-291
| -3% | -$5.98K |
|
Similar funds
PNC Financial Services Group's Q4 2023 Portfolio in Review
As of Q4 2023, PNC Financial Services Group held 4,877 positions worth $127B, up 9% from $117B the previous quarter. Its ten largest holdings account for 43% of the portfolio.
PNC Financial Services Group's Q4 2023 filing shows 263 new, 1,410 increased, 2,264 reduced and 260 closed positions. Its largest new stake was Veralto: 94,572 shares worth $7.78M. The largest sale was iShares MSCI USA Quality Factor ETF, an estimated $227M.
By sector, the portfolio is most concentrated in Healthcare at 29% of assets, down from 29% a quarter earlier, followed by Technology and Financials.
- PNC Financial Services Group's largest Q4 2023 buy was Veralto: 94,572 shares worth $7.78M.
- PNC Financial Services Group added most to iShares MSCI USA Min Vol Factor ETF in Q4 2023, an estimated $283M increase.
- PNC Financial Services Group's biggest Q4 2023 reduction was iShares MSCI USA Quality Factor ETF, cutting an estimated $227M.
- PNC Financial Services Group fully exited Activision Blizzard in Q4 2023, selling an estimated $14.4M.
- PNC Financial Services Group's ten largest holdings make up 43% of its $127B portfolio in Q4 2023.
- PNC Financial Services Group opened 263 new positions and closed 260 in Q4 2023.
- PNC Financial Services Group's portfolio value rose 9% quarter-over-quarter to $127B.
Based on PNC Financial Services Group's 13F filing for Q4 2023, filed 9 Feb 2024.