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 |
M&T Bank
MTB
|
+$111M |
| 2 |
Progressive
PGR
|
+$95.1M |
| 3 |
Broadcom
AVGO
|
+$76.2M |
| 4 |
BP
BP
|
+$66.8M |
| 5 |
Bank of America
BAC
|
+$62.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TotalEnergies
TTE
|
+$2.85B |
| 2 |
iShares TIPS Bond ETF
TIP
|
+$199M |
| 3 |
Apple
AAPL
|
+$140M |
| 4 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$132M |
| 5 |
iShares S&P 500 Growth ETF
IVW
|
+$106M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 22.28% |
| 2 | Consumer Discretionary | 15.8% |
| 3 | Technology | 7.26% |
| 4 | Healthcare | 6.84% |
| 5 | Industrials | 5.25% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
BRW
2126
Saba Capital Income & Opportunities Fund
BRW
$340M
| $198K | ﹤0.01% |
20,613
| – | – |
|
2127
WisdomTree Japan Hedged Equity Fund
DXJ
$7.35B
| $198K | ﹤0.01% |
3,924
-2,740
| -41% | -$137K |
|
2128
Perdoceo Education
PRDO
$2.03B
| $198K | ﹤0.01% |
11,997
-232
| -2% | -$3.35K |
|
2129
Brunswick
BC
$5.28B
| $197K | ﹤0.01% |
3,919
+641
| +20% | +$32.3K |
|
2130
Evolent Health
EVH
$404M
| $197K | ﹤0.01% |
15,686
-3,074
| -16% | -$48.7K |
|
2131
Innospec
IOSP
$2.25B
| $197K | ﹤0.01% |
2,357
+1,007
| +75% | +$75.1K |
|
2132
Macerich
MAC
$6.66B
| $197K | ﹤0.01% |
4,539
-2,055
| -31% | -$90.8K |
|
|
HSBC.PRA
2133
DELISTED
HSBC Holdings PLC, Inc. ADS(1/40 shr. 6.2% Non-Cum. Dlr. Pref. Shrs., Ser.A)
HSBC.PRA
| $197K | ﹤0.01% |
7,632
-221
| -3% | -$5.71K |
|
2134
Benchmark Electronics
BHE
$2.96B
| $196K | ﹤0.01% |
7,482
+1,344
| +22% | +$34.4K |
|
2135
Conduent
CNDT
$271M
| $196K | ﹤0.01% |
14,142
+2,094
| +17% | +$27.9K |
|
2136
MACOM Technology Solutions
MTSI
$23B
| $196K | ﹤0.01% |
11,747
+2,894
| +33% | +$50.4K |
|
|
REGI
2137
DELISTED
Renewable Energy Group, Inc.
REGI
| $196K | ﹤0.01% |
8,890
-984
| -10% | -$25.4K |
|
2138
Gibraltar Industries
ROCK
$1.51B
| $195K | ﹤0.01% |
4,814
-35
| -0.7% | -$1.33K |
|
2139
Stepan Co
SCL
$1.45B
| $195K | ﹤0.01% |
2,216
+208
| +10% | +$18K |
|
|
BIG
2140
DELISTED
Big Lots, Inc.
BIG
| $195K | ﹤0.01% |
5,128
+1,138
| +29% | +$37.1K |
|
|
CHU
2141
DELISTED
China Unicom (HONG KONG) Limited
CHU
| $195K | ﹤0.01% |
15,211
-529
| -3% | -$6.27K |
|
|
ESSA
2142
DELISTED
ESSA Bancorp
ESSA
| $193K | ﹤0.01% |
12,500
| – | – |
|
2143
Aaon
AAON
$7.39B
| $191K | ﹤0.01% |
6,212
+4,541
| +272% | +$119K |
|
2144
Cannae Holdings
CNNE
$652M
| $191K | ﹤0.01% |
7,822
+6
| +0.1% | +$126 |
|
|
GDO
2145
Western Asset Global Corporate Defined Opportunity Fund
GDO
$77.4M
| $191K | ﹤0.01% |
11,582
+38
| +0.3% | +$616 |
|
|
PEO
2146
Adams Natural Resources Fund
PEO
$726M
| $191K | ﹤0.01% |
11,878
| – | – |
|
2147
Trupanion
TRUP
$1.23B
| $191K | ﹤0.01% |
5,847
+3,475
| +147% | +$98.9K |
|
2148
Equitable Holdings
EQH
$14.2B
| $190K | ﹤0.01% |
9,431
+2,015
| +27% | +$38.5K |
|
2149
Fate Therapeutics
FATE
$290M
| $190K | ﹤0.01% |
10,860
-2,780
| -20% | -$43.9K |
|
2150
Performance Food Group
PFGC
$18B
| $190K | ﹤0.01% |
4,781
+825
| +21% | +$30.2K |
|
Similar funds
PNC Financial Services Group's Q1 2019 Portfolio in Review
As of Q1 2019, PNC Financial Services Group held 4,311 positions worth $99.9B, up 11% from $89.8B the previous quarter. Its ten largest holdings account for 38% of the portfolio.
PNC Financial Services Group withdrew a net $4B in Q1 2019, closing 168 positions and reducing 1,606 holdings. Its most notable exit was Twenty-First Century Fox, Inc. Class B, an estimated $17.5M position sold in full.
By sector, the portfolio is most concentrated in Financials at 22% of assets, down from 23% a quarter earlier, followed by Consumer Discretionary and Technology.
Against the trend, PNC Financial Services Group opened a new position in MGM Growth Properties LLC Class A common shares representing limited liability company interests worth $7.58M.
- PNC Financial Services Group's largest Q1 2019 buy was MGM Growth Properties LLC Class A common shares representing limited liability company interests: 234,986 shares worth $7.58M.
- PNC Financial Services Group added most to M&T Bank in Q1 2019, an estimated $111M increase.
- PNC Financial Services Group's biggest Q1 2019 reduction was TotalEnergies, cutting an estimated $2.85B.
- PNC Financial Services Group fully exited Twenty-First Century Fox, Inc. Class B in Q1 2019, selling an estimated $17.5M.
- PNC Financial Services Group's ten largest holdings make up 38% of its $99.9B portfolio in Q1 2019.
- PNC Financial Services Group opened 169 new positions and closed 168 in Q1 2019.
- PNC Financial Services Group's portfolio value rose 11% quarter-over-quarter to $99.9B.
Based on PNC Financial Services Group's 13F filing for Q1 2019, filed 10 May 2019.