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 |
Fidelity MSCI Real Estate Index ETF
FREL
|
+$233M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$204M |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$119M |
| 4 |
Intel
INTC
|
+$95M |
| 5 |
iShares Core MSCI EAFE ETF
IEFA
|
+$80.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Blackrock
BLK
|
+$17.1B |
| 2 |
Schwab US REIT ETF
SCHH
|
+$179M |
| 3 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$94.5M |
| 4 |
Waste Management
WM
|
+$86.6M |
| 5 |
RTN
Raytheon Company
RTN
|
+$67.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 12.03% |
| 2 | Consumer Discretionary | 11.38% |
| 3 | Healthcare | 8.84% |
| 4 | Financials | 8.61% |
| 5 | Consumer Staples | 5.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2151
Gabelli Equity Trust
GAB
$1.79B
| $127K | ﹤0.01% |
25,840
+182
| +0.7% | +$832 |
|
2152
State Street SPDR S&P 600 Small Cap Value ETF
SLYV
$5.03B
| $127K | ﹤0.01% |
2,587
-3,555
| -58% | -$163K |
|
|
BBT
2153
Beacon Financial Corp
BBT
$2.66B
| $126K | ﹤0.01% |
11,326
-1,497
| -12% | -$19.2K |
|
2154
Central Garden & Pet Co
CENT
$2.8B
| $126K | ﹤0.01% |
4,355
-1,125
| -21% | -$30.3K |
|
2155
Cirrus Logic
CRUS
$6.26B
| $126K | ﹤0.01% |
2,042
+102
| +5% | +$6.97K |
|
2156
First Financial Bankshares
FFIN
$4.97B
| $126K | ﹤0.01% |
4,345
+70
| +2% | +$1.97K |
|
2157
Genesis Energy
GEL
$1.84B
| $126K | ﹤0.01% |
17,400
| – | – |
|
|
GRFS
2158
Grifois
GRFS
$5.4B
| $126K | ﹤0.01% |
6,916
+2,867
| +71% | +$56.9K |
|
2159
iShares International Developed Real Estate ETF
IFGL
$83.2M
| $126K | ﹤0.01% |
5,437
-37
| -0.7% | -$840 |
|
2160
Lattice Semiconductor
LSCC
$18.5B
| $126K | ﹤0.01% |
4,403
+2,376
| +117% | +$55.5K |
|
2161
CNO Financial Group
CNO
$5.1B
| $125K | ﹤0.01% |
8,014
-1,399
| -15% | -$19.3K |
|
2162
WisdomTree International High Dividend Fund
DTH
$663M
| $125K | ﹤0.01% |
3,800
-2,000
| -34% | -$63.1K |
|
2163
Federal Signal
FSS
$7.83B
| $125K | ﹤0.01% |
4,238
+273
| +7% | +$7.73K |
|
|
JHG
2164
DELISTED
Janus Henderson
JHG
| $125K | ﹤0.01% |
5,944
+1,899
| +47% | +$36.6K |
|
2165
Voya Financial
VOYA
$9.19B
| $125K | ﹤0.01% |
2,671
-1,553
| -37% | -$69K |
|
|
SUM
2166
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $125K | ﹤0.01% |
7,888
-437
| -5% | -$6.27K |
|
|
JRO
2167
DELISTED
Nuveen Floating Rate Income Opportunty Fund
JRO
| $125K | ﹤0.01% |
16,004
+6,004
| +60% | +$46.1K |
|
2168
Evertec
EVTC
$1.78B
| $124K | ﹤0.01% |
4,462
+854
| +24% | +$22.6K |
|
2169
Magnolia Oil & Gas
MGY
$5.94B
| $124K | ﹤0.01% |
20,526
+413
| +2% | +$2.26K |
|
|
TWN
2170
Taiwan Fund
TWN
$527M
| $124K | ﹤0.01% |
5,825
| – | – |
|
|
TTM
2171
DELISTED
Tata Motors Limited
TTM
| $124K | ﹤0.01% |
18,855
+7,404
| +65% | +$42.7K |
|
|
BHVN
2172
DELISTED
Biohaven Pharmaceutical Holding Company Ltd.
BHVN
| $124K | ﹤0.01% |
1,715
+1,688
| +6,252% | +$89.8K |
|
2173
Ennis
EBF
$564M
| $123K | ﹤0.01% |
6,759
+59
| +0.9% | +$1.04K |
|
2174
iShares S&P India Nifty 50 Index Fund
INDY
$569M
| $123K | ﹤0.01% |
3,963
-3,695
| -48% | -$104K |
|
2175
JetBlue
JBLU
$2.29B
| $123K | ﹤0.01% |
11,229
-4,929
| -31% | -$48.5K |
|
Similar funds
PNC Financial Services Group's Q2 2020 Portfolio in Review
As of Q2 2020, PNC Financial Services Group held 4,207 positions worth $75.2B, down 5.4% from $79.5B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
PNC Financial Services Group withdrew a net $17.5B in Q2 2020, closing 198 positions and reducing 1,806 holdings. Its most notable exit was Raytheon Company, an estimated $67.3M position sold in full.
By sector, the portfolio is most concentrated in Technology at 12% of assets, up from 8.7% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, PNC Financial Services Group opened a new position in Fidelity MSCI Real Estate Index ETF worth $242M.
- PNC Financial Services Group's largest Q2 2020 buy was Fidelity MSCI Real Estate Index ETF: 10,344,502 shares worth $242M.
- PNC Financial Services Group added most to Invesco QQQ Trust in Q2 2020, an estimated $204M increase.
- PNC Financial Services Group's biggest Q2 2020 reduction was Blackrock, cutting an estimated $17.1B.
- PNC Financial Services Group fully exited Raytheon Company in Q2 2020, selling an estimated $67.3M.
- PNC Financial Services Group's ten largest holdings make up 26% of its $75.2B portfolio in Q2 2020.
- PNC Financial Services Group opened 202 new positions and closed 198 in Q2 2020.
- PNC Financial Services Group's portfolio value fell 5.4% quarter-over-quarter to $75.2B.
Based on PNC Financial Services Group's 13F filing for Q2 2020, filed 7 Aug 2020.