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 MSCI Intl Quality Factor ETF
IQLT
|
+$944M |
| 2 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$824M |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$391M |
| 4 |
iShares US Treasury Bond ETF
GOVT
|
+$309M |
| 5 |
State Street SPDR Portfolio S&P 600 Small Cap ETF
SPSM
|
+$55.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Erie Indemnity
ERIE
|
+$7.48B |
| 2 |
Invesco QQQ Trust
QQQ
|
+$213M |
| 3 |
iShares 7-10 Year Treasury Bond ETF
IEF
|
+$171M |
| 4 |
Apple
AAPL
|
+$103M |
| 5 |
Fidelity MSCI Real Estate Index ETF
FREL
|
+$92.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 26.62% |
| 2 | Technology | 10.6% |
| 3 | Financials | 6.29% |
| 4 | Consumer Discretionary | 5.24% |
| 5 | Consumer Staples | 4.12% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2301
Cimpress
CMPR
$2.31B
| $157K | ﹤0.01% |
2,636
-330
| -11% | -$16.3K |
|
2302
Werner Enterprises
WERN
$2.25B
| $157K | ﹤0.01% |
3,545
-41
| -1% | -$1.84K |
|
2303
iShares MSCI Brazil ETF
EWZ
$8.95B
| $157K | ﹤0.01% |
4,827
+25
| +0.5% | +$744 |
|
|
EIC
2304
Eagle Point Income Co
EIC
$230M
| $156K | ﹤0.01% |
11,838
| – | – |
|
2305
LSB Industries
LXU
$693M
| $156K | ﹤0.01% |
15,838
+3,738
| +31% | +$35.8K |
|
2306
BILL Holdings
BILL
$4.78B
| $156K | ﹤0.01% |
1,335
+279
| +26% | +$26.5K |
|
2307
Verra Mobility
VRRM
$744M
| $155K | ﹤0.01% |
7,882
+2,727
| +53% | +$48.1K |
|
2308
JPMorgan Diversified Return International Equity ETF
JPIN
$377M
| $155K | ﹤0.01% |
2,978
| – | – |
|
2309
Fortis
FTS
$28.7B
| $154K | ﹤0.01% |
3,577
+100
| +3% | +$4.36K |
|
2310
Myriad Genetics
MYGN
$312M
| $154K | ﹤0.01% |
6,640
-267
| -4% | -$5.83K |
|
|
GAP
2311
The Gap Inc
GAP
$7.37B
| $154K | ﹤0.01% |
17,218
-12,685
| -42% | -$113K |
|
2312
PBF Energy
PBF
$7.31B
| $154K | ﹤0.01% |
3,754
-167
| -4% | -$6.34K |
|
2313
Intellia Therapeutics
NTLA
$1.67B
| $154K | ﹤0.01% |
3,767
+260
| +7% | +$10.5K |
|
2314
Walker & Dunlop
WD
$1.53B
| $153K | ﹤0.01% |
1,933
+324
| +20% | +$23.4K |
|
2315
Royalty Pharma
RPRX
$25.2B
| $153K | ﹤0.01% |
4,973
+337
| +7% | +$11.4K |
|
|
HSII
2316
DELISTED
Heidrick & Struggles
HSII
| $153K | ﹤0.01% |
5,768
-509
| -8% | -$13.4K |
|
2317
Invesco Municipal Trust
VKQ
$551M
| $152K | ﹤0.01% |
16,143
| – | – |
|
2318
Anavex Life Sciences
AVXL
$310M
| $152K | ﹤0.01% |
18,714
+1,262
| +7% | +$10.8K |
|
|
ACH
2319
Accendra Health
ACH
$214M
| $152K | ﹤0.01% |
7,985
+1,739
| +28% | +$31K |
|
2320
Warrior Met Coal
HCC
$4.86B
| $152K | ﹤0.01% |
3,901
+42
| +1% | +$1.52K |
|
2321
Vanguard ESG International Stock ETF
VSGX
$6.74B
| $151K | ﹤0.01% |
2,848
| – | – |
|
2322
iShares Asia 50 ETF
AIA
$4.73B
| $151K | ﹤0.01% |
2,535
| – | – |
|
|
VBTX
2323
DELISTED
Veritex Holdings
VBTX
| $151K | ﹤0.01% |
8,421
-1,451
| -15% | -$25.8K |
|
|
NSA
2324
DELISTED
National Storage Affiliates Trust
NSA
| $151K | ﹤0.01% |
4,329
+1,328
| +44% | +$50.1K |
|
|
VSTO
2325
DELISTED
Vista Outdoor Inc.
VSTO
| $151K | ﹤0.01% |
5,440
+250
| +5% | +$6.76K |
|
Similar funds
PNC Financial Services Group's Q2 2023 Portfolio in Review
As of Q2 2023, PNC Financial Services Group held 4,933 positions worth $117B, up 3% from $114B the previous quarter. Its ten largest holdings account for 41% of the portfolio.
PNC Financial Services Group withdrew a net $7.06B in Q2 2023, closing 201 positions and reducing 1,980 holdings. Its most notable exit was SPDR S&P 600 Small Cap ETF (based on S&P SmallCap 600 Index--symbol SML), an estimated $57.6M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 27% of assets, up from 22% a quarter earlier, followed by Technology and Financials.
Against the trend, PNC Financial Services Group opened a new position in TCW Transform 500 ETF worth $7.99M.
- PNC Financial Services Group's largest Q2 2023 buy was TCW Transform 500 ETF: 154,866 shares worth $7.99M.
- PNC Financial Services Group added most to iShares MSCI Intl Quality Factor ETF in Q2 2023, an estimated $944M increase.
- PNC Financial Services Group's biggest Q2 2023 reduction was Erie Indemnity, cutting an estimated $7.48B.
- PNC Financial Services Group fully exited SPDR S&P 600 Small Cap ETF (based on S&P SmallCap 600 Index--symbol SML) in Q2 2023, selling an estimated $57.6M.
- PNC Financial Services Group's ten largest holdings make up 41% of its $117B portfolio in Q2 2023.
- PNC Financial Services Group opened 225 new positions and closed 201 in Q2 2023.
- PNC Financial Services Group's portfolio value rose 3% quarter-over-quarter to $117B.
Based on PNC Financial Services Group's 13F filing for Q2 2023, filed 11 Aug 2023.