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
|
+$116M |
| 2 |
iShares US Treasury Bond ETF
GOVT
|
+$79M |
| 3 |
Atmos Energy
ATO
|
+$69.7M |
| 4 |
Marriott International
MAR
|
+$59M |
| 5 |
Hubbell
HUBB
|
+$53.5M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Eli Lilly
LLY
|
+$193M |
| 2 |
Kontoor Brands
KTB
|
+$118M |
| 3 |
Apple
AAPL
|
+$63.7M |
| 4 |
AbbVie
ABBV
|
+$52M |
| 5 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$50.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 32.64% |
| 2 | Technology | 9.43% |
| 3 | Financials | 6.82% |
| 4 | Consumer Discretionary | 4.55% |
| 5 | Industrials | 3.78% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2101
Invesco Trust Investment Grade Municipals
VGM
$564M
| $217K | ﹤0.01% |
22,033
| – | – |
|
|
CNR
2102
Core Natural Resources Inc
CNR
$4.45B
| $217K | ﹤0.01% |
2,592
-337
| -12% | -$30.1K |
|
|
LVTX
2103
DELISTED
LAVA Therapeutics
LVTX
| $216K | ﹤0.01% |
65,000
| – | – |
|
2104
Ambarella
AMBA
$3.81B
| $216K | ﹤0.01% |
4,257
-515
| -11% | -$28.1K |
|
2105
iShares MSCI Germany ETF
EWG
$1.68B
| $216K | ﹤0.01% |
6,793
-1,370
| -17% | -$41.1K |
|
2106
Modine Manufacturing
MOD
$10.4B
| $215K | ﹤0.01% |
2,259
+78
| +4% | +$6.03K |
|
2107
Walker & Dunlop
WD
$1.53B
| $215K | ﹤0.01% |
2,124
-80
| -4% | -$7.68K |
|
2108
MGIC Investment
MTG
$6.25B
| $215K | ﹤0.01% |
9,597
-87
| -0.9% | -$1.74K |
|
2109
ProShares Short S&P500
SH
$843M
| $214K | ﹤0.01% |
4,516
+2,787
| +161% | +$139K |
|
2110
Li Auto
LI
$12.7B
| $213K | ﹤0.01% |
7,038
-778
| -10% | -$25.8K |
|
2111
PBF Energy
PBF
$7.31B
| $213K | ﹤0.01% |
3,699
+85
| +2% | +$4.16K |
|
2112
Brinker International
EAT
$9.66B
| $213K | ﹤0.01% |
4,286
+714
| +20% | +$31.6K |
|
2113
Ingles Markets
IMKTA
$1.67B
| $213K | ﹤0.01% |
2,774
+885
| +47% | +$70.8K |
|
2114
Box
BOX
$4.6B
| $212K | ﹤0.01% |
7,501
+5,771
| +334% | +$155K |
|
2115
Lennar Class B
LEN.B
$20.8B
| $212K | ﹤0.01% |
1,449
+175
| +14% | +$23.7K |
|
2116
New Fortress Energy
NFE
$101M
| $212K | ﹤0.01% |
6,920
+127
| +2% | +$4.17K |
|
2117
BlackRock Utilities, Infrastructure & Power Opportunities Trust
BUI
$715M
| $212K | ﹤0.01% |
9,810
-455
| -4% | -$9.66K |
|
2118
State Street Ultra Short Term Bond ETF
ULST
$526M
| $211K | ﹤0.01% |
5,215
| – | – |
|
2119
Myers Industries
MYE
$1.29B
| $211K | ﹤0.01% |
9,100
| – | – |
|
|
GUT
2120
Gabelli Utility Trust
GUT
$559M
| $211K | ﹤0.01% |
38,943
| – | – |
|
|
INVX
2121
Innovex International
INVX
$1.97B
| $210K | ﹤0.01% |
9,340
-171
| -2% | -$3.74K |
|
|
LNW
2122
DELISTED
Light & Wonder
LNW
| $210K | ﹤0.01% |
2,057
+811
| +65% | +$73.2K |
|
|
HSII
2123
DELISTED
Heidrick & Struggles
HSII
| $209K | ﹤0.01% |
6,216
+354
| +6% | +$10.7K |
|
2124
Janus International
JBI
$757M
| $209K | ﹤0.01% |
13,821
+12,884
| +1,375% | +$187K |
|
2125
Park Hotels & Resorts
PK
$2.97B
| $209K | ﹤0.01% |
11,923
-91
| -0.8% | -$1.48K |
|
Similar funds
PNC Financial Services Group's Q1 2024 Portfolio in Review
As of Q1 2024, PNC Financial Services Group held 4,893 positions worth $144B, up 13% from $127B the previous quarter. Its ten largest holdings account for 46% of the portfolio.
PNC Financial Services Group's Q1 2024 filing shows 281 new, 1,741 increased, 1,917 reduced and 198 closed positions. Its largest new stake was iShares Bitcoin Trust: 205,890 shares worth $8.33M. The largest sale was Eli Lilly, an estimated $193M.
By sector, the portfolio is most concentrated in Healthcare at 33% of assets, up from 29% a quarter earlier, followed by Technology and Financials.
- PNC Financial Services Group's largest Q1 2024 buy was iShares Bitcoin Trust: 205,890 shares worth $8.33M.
- PNC Financial Services Group added most to iShares Core S&P 500 ETF in Q1 2024, an estimated $116M increase.
- PNC Financial Services Group's biggest Q1 2024 reduction was Eli Lilly, cutting an estimated $193M.
- PNC Financial Services Group fully exited PGT, Inc. in Q1 2024, selling an estimated $7.5M.
- PNC Financial Services Group's ten largest holdings make up 46% of its $144B portfolio in Q1 2024.
- PNC Financial Services Group opened 281 new positions and closed 198 in Q1 2024.
- PNC Financial Services Group's portfolio value rose 13% quarter-over-quarter to $144B.
Based on PNC Financial Services Group's 13F filing for Q1 2024, filed 10 May 2024.