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 |
Invesco QQQ Trust
QQQ
|
+$1.2B |
| 2 |
WisdomTree Trust WisdomTree US Quality Dividend Growth Fund
DGRW
|
+$628M |
| 3 |
Fidelity MSCI Real Estate Index ETF
FREL
|
+$98.7M |
| 4 |
Thermo Fisher Scientific
TMO
|
+$79M |
| 5 |
iShares Core MSCI EAFE ETF
IEFA
|
+$48.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$104M |
| 2 |
iShares Core S&P Small-Cap ETF
IJR
|
+$97.2M |
| 3 |
Vanguard Morningstar Mega Cap Growth ETF
MGK
|
+$80.5M |
| 4 |
Microsoft
MSFT
|
+$65.1M |
| 5 |
Vanguard Morningstar Growth ETF
VUG
|
+$60.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 12.1% |
| 2 | Technology | 11.88% |
| 3 | Healthcare | 8.51% |
| 4 | Financials | 8.27% |
| 5 | Consumer Staples | 5.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
Adobe
ADBE
$102B
| $64.8M | 0.08% |
132,080
-4,587
| -3% | -$2.13M |
|
202
ConocoPhillips
COP
$144B
| $64.8M | 0.08% |
1,972,493
-579,201
| -23% | -$21.9M |
|
203
iShares US Real Estate ETF
IYR
$4.67B
| $64.5M | 0.08% |
808,113
-17,295
| -2% | -$1.4M |
|
204
iShares MSCI EAFE Value ETF
EFV
$29.2B
| $64.1M | 0.08% |
1,589,681
-744,162
| -32% | -$30.8M |
|
205
State Street SPDR Dow Jones REIT ETF
RWR
$1.97B
| $64M | 0.08% |
821,180
-27,430
| -3% | -$2.18M |
|
206
iShares S&P 100 ETF
OEF
$20.5B
| $63.4M | 0.08% |
406,919
-4,418
| -1% | -$680K |
|
207
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46.5B
| $62.9M | 0.08% |
226,684
-10,168
| -4% | -$2.78M |
|
208
Progressive
PGR
$123B
| $62M | 0.08% |
654,781
-33,720
| -5% | -$3.03M |
|
209
Moody's
MCO
$83.8B
| $60.9M | 0.08% |
210,063
-4,032
| -2% | -$1.15M |
|
210
Boeing
BA
$187B
| $60.6M | 0.07% |
366,810
-38,014
| -9% | -$6.48M |
|
211
General Dynamics
GD
$104B
| $60.6M | 0.07% |
437,743
-91,345
| -17% | -$13.5M |
|
212
Akamai
AKAM
$17.9B
| $60.5M | 0.07% |
547,054
+45,276
| +9% | +$5.03M |
|
213
NVIDIA
NVDA
$5.13T
| $60.1M | 0.07% |
4,439,120
-208,880
| -4% | -$2.43M |
|
214
Quanta Services
PWR
$104B
| $58.8M | 0.07% |
1,112,170
+849,265
| +323% | +$39.5M |
|
215
Starbucks
SBUX
$120B
| $58.7M | 0.07% |
683,572
-314,404
| -32% | -$25.1M |
|
216
Dow Inc
DOW
$21.9B
| $58.7M | 0.07% |
1,247,793
-90,517
| -7% | -$4.07M |
|
217
iShares S&P Mid-Cap 400 Value ETF
IJJ
$9.03B
| $58.7M | 0.07% |
869,850
-307,024
| -26% | -$21.2M |
|
218
Medtronic
MDT
$110B
| $56.8M | 0.07% |
546,197
+3,771
| +0.7% | +$379K |
|
219
iShares 3-7 Year Treasury Bond ETF
IEI
$17.8B
| $56.4M | 0.07% |
422,162
-1,160
| -0.3% | -$155K |
|
220
Baxter International
BAX
$14.7B
| $55.8M | 0.07% |
694,107
-713,938
| -51% | -$60.1M |
|
221
Otis Worldwide
OTIS
$28B
| $55.3M | 0.07% |
885,321
-129,938
| -13% | -$7.95M |
|
222
Duke Energy
DUK
$96.9B
| $54.8M | 0.07% |
618,842
+9,047
| +1% | +$746K |
|
223
Dover
DOV
$28.3B
| $54.7M | 0.07% |
504,576
-8,249
| -2% | -$883K |
|
224
State Street Real Estate Select Sector SPDR ETF
XLRE
$8.63B
| $54.1M | 0.07% |
1,532,595
+119,398
| +8% | +$4.26M |
|
225
Carrier Global
CARR
$54.1B
| $53.5M | 0.07% |
1,752,547
-250,573
| -13% | -$7.09M |
|
Similar funds
PNC Financial Services Group's Q3 2020 Portfolio in Review
As of Q3 2020, PNC Financial Services Group held 4,198 positions worth $81.1B, up 7.9% from $75.2B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
PNC Financial Services Group's Q3 2020 filing shows 189 new, 1,220 increased, 1,926 reduced and 173 closed positions. Its largest new stake was Vanguard World Funds Extended Duration ETF: 60,625 shares worth $10M. The largest sale was Apple, an estimated $104M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 12% of assets, up from 11% a quarter earlier, followed by Technology and Healthcare.
- PNC Financial Services Group's largest Q3 2020 buy was Vanguard World Funds Extended Duration ETF: 60,625 shares worth $10M.
- PNC Financial Services Group added most to Invesco QQQ Trust in Q3 2020, an estimated $1.2B increase.
- PNC Financial Services Group's biggest Q3 2020 reduction was Apple, cutting an estimated $104M.
- PNC Financial Services Group fully exited Legg Mason, Inc. in Q3 2020, selling an estimated $1.34M.
- PNC Financial Services Group's ten largest holdings make up 28% of its $81.1B portfolio in Q3 2020.
- PNC Financial Services Group opened 189 new positions and closed 173 in Q3 2020.
- PNC Financial Services Group's portfolio value rose 7.9% quarter-over-quarter to $81.1B.
Based on PNC Financial Services Group's 13F filing for Q3 2020, filed 6 Nov 2020.