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 | |
|---|---|---|---|---|---|---|
|
KW
2176
DELISTED
Kennedy-Wilson Holdings
KW
| $123K | ﹤0.01% |
8,091
+222
| +3% | +$3.2K |
|
2177
State Street SPDR S&P Retail ETF
XRT
$327M
| $123K | ﹤0.01% |
2,868
+2,668
| +1,334% | +$101K |
|
2178
First Busey Corp
BUSE
$2.56B
| $122K | ﹤0.01% |
6,534
+154
| +2% | +$2.67K |
|
2179
State Street SPDR S&P Transportation ETF
XTN
$399M
| $122K | ﹤0.01% |
2,306
-1,068
| -32% | -$52.2K |
|
|
NXR
2180
DELISTED
NUVEEN ELECT TAX-FREE INC 3
NXR
| $122K | ﹤0.01% |
7,504
| – | – |
|
|
NGHC
2181
DELISTED
National General Holdings Corp
NGHC
| $122K | ﹤0.01% |
5,654
-23,235
| -80% | -$437K |
|
|
FIYY
2182
DELISTED
Barclays ETN+ FI Enhanced Global High Yield ETN Series B
FIYY
| $122K | ﹤0.01% |
1,500
-942
| -39% | -$71.7K |
|
2183
Choice Hotels
CHH
$4.8B
| $121K | ﹤0.01% |
1,524
-393
| -21% | -$30K |
|
2184
Invesco DB Oil Fund
DBO
$366M
| $121K | ﹤0.01% |
17,374
+3,089
| +22% | +$19.3K |
|
2185
The Greenbrier Companies
GBX
$1.46B
| $121K | ﹤0.01% |
5,303
-1,522
| -22% | -$29.6K |
|
2186
Kinross Gold
KGC
$32.8B
| $121K | ﹤0.01% |
16,781
-2,543
| -13% | -$16.5K |
|
2187
LeMaitre Vascular
LMAT
$1.86B
| $121K | ﹤0.01% |
4,589
-1,026
| -18% | -$26.8K |
|
2188
LivePerson
LPSN
$32.3M
| $121K | ﹤0.01% |
195
+48
| +33% | +$22.3K |
|
|
HA
2189
DELISTED
Hawaiian Holdings, Inc.
HA
| $121K | ﹤0.01% |
8,645
+4,827
| +126% | +$65.7K |
|
2190
Vanguard ESG US Stock ETF
ESGV
$13.6B
| $120K | ﹤0.01% |
2,140
-16,660
| -89% | -$876K |
|
2191
Kirby Corp
KEX
$6.93B
| $120K | ﹤0.01% |
2,242
+380
| +20% | +$19.4K |
|
2192
MaxLinear
MXL
$6.8B
| $120K | ﹤0.01% |
5,572
+391
| +8% | +$6.74K |
|
2193
Ryder
R
$10.1B
| $120K | ﹤0.01% |
3,153
+521
| +20% | +$17.3K |
|
2194
Stellantis
STLA
$20.8B
| $120K | ﹤0.01% |
11,659
-6,182
| -35% | -$53.4K |
|
2195
Werner Enterprises
WERN
$2.25B
| $120K | ﹤0.01% |
2,730
+547
| +25% | +$22.5K |
|
2196
Aaon
AAON
$7.77B
| $119K | ﹤0.01% |
3,308
-33
| -1% | -$1.11K |
|
2197
Bausch Health
BHC
$2.34B
| $119K | ﹤0.01% |
6,488
+1,891
| +41% | +$33.3K |
|
2198
Schwab Fundamental International Large Company Index ETF
FNDF
$25.5B
| $119K | ﹤0.01% |
4,993
-1,126
| -18% | -$25.4K |
|
2199
InterContinental Hotels
IHG
$23.2B
| $119K | ﹤0.01% |
2,700
-2,004
| -43% | -$90.7K |
|
2200
iShares US Transportation ETF
IYT
$2.29B
| $119K | ﹤0.01% |
2,924
-444
| -13% | -$16.8K |
|
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.