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 Core S&P 500 ETF
IVV
|
+$698M |
| 2 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$88.6M |
| 3 |
Vanguard Total Bond Market
BND
|
+$85.9M |
| 4 |
Vanguard Tax-Exempt Bond Index Fund
VTEB
|
+$58.8M |
| 5 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$52M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$313M |
| 2 |
iShares Core MSCI EAFE ETF
IEFA
|
+$279M |
| 3 |
iShares Core US Aggregate Bond ETF
AGG
|
+$108M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$74.1M |
| 5 |
Y
Alleghany Corp
Y
|
+$74M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 25.55% |
| 2 | Technology | 9.08% |
| 3 | Financials | 7.39% |
| 4 | Consumer Discretionary | 6.14% |
| 5 | Consumer Staples | 4.75% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2326
FIVE9
FIVN
$2.54B
| $139K | ﹤0.01% |
2,046
-827
| -29% | -$51.9K |
|
2327
Werner Enterprises
WERN
$2.25B
| $138K | ﹤0.01% |
3,440
+936
| +37% | +$38.2K |
|
2328
Gencor Industries
GENC
$212M
| $138K | ﹤0.01% |
13,700
| – | – |
|
|
PPT
2329
Franklin Premier Income Trust
PPT
$328M
| $138K | ﹤0.01% |
38,075
| – | – |
|
2330
Vanguard Russell 2000 Growth ETF
VTWG
$1.55B
| $138K | ﹤0.01% |
887
+1
| +0.1% | +$159 |
|
|
SAFE
2331
Safehold
SAFE
$1.15B
| $138K | ﹤0.01% |
2,890
+161
| +6% | +$7.76K |
|
2332
Vanguard ESG US Corporate Bond ETF
VCEB
$1.15B
| $138K | ﹤0.01% |
2,270
| – | – |
|
|
ATRI
2333
DELISTED
Atrion Corp
ATRI
| $138K | ﹤0.01% |
246
+75
| +44% | +$45.3K |
|
2334
DoorDash
DASH
$93.7B
| $137K | ﹤0.01% |
2,811
-2,454
| -47% | -$127K |
|
2335
Sabre
SABR
$835M
| $137K | ﹤0.01% |
22,186
+9,471
| +74% | +$52.9K |
|
2336
iShares MSCI Malaysia ETF
EWM
$332M
| $137K | ﹤0.01% |
6,000
| – | – |
|
|
IIF
2337
Morgan Stanley India Investment Fund
IIF
$220M
| $137K | ﹤0.01% |
+6,750
| New | +$158K |
|
|
MUE
2338
DELISTED
BlackRock MuniHoldings Quality Fund II
MUE
| $136K | ﹤0.01% |
13,641
-696
| -5% | -$6.92K |
|
2339
Old Second Bancorp
OSBC
$1.29B
| $136K | ﹤0.01% |
8,454
-176
| -2% | -$2.81K |
|
2340
Pricesmart
PSMT
$5.46B
| $135K | ﹤0.01% |
2,228
+657
| +42% | +$42.9K |
|
|
HPI
2341
John Hancock Preferred Income Fund
HPI
$433M
| $135K | ﹤0.01% |
8,432
+1,465
| +21% | +$23.4K |
|
2342
Nuveen Core Equity Alpha Fund
JCE
$288M
| $135K | ﹤0.01% |
9,983
+109
| +1% | +$1.49K |
|
|
SLCA
2343
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $135K | ﹤0.01% |
10,808
-49
| -0.5% | -$627 |
|
2344
Vanguard Russell 1000 ETF
VONE
$8.68B
| $135K | ﹤0.01% |
775
| – | – |
|
2345
Icahn Enterprises
IEP
$5.3B
| $135K | ﹤0.01% |
2,661
+200
| +8% | +$10.4K |
|
2346
DigitalOcean
DOCN
$14.6B
| $135K | ﹤0.01% |
5,285
+75
| +1% | +$2.35K |
|
|
IRBT
2347
DELISTED
iRobot
IRBT
| $135K | ﹤0.01% |
2,796
-330
| -11% | -$17.4K |
|
|
TWN
2348
Taiwan Fund
TWN
$527M
| $134K | ﹤0.01% |
5,825
| – | – |
|
2349
Kosmos Energy
KOS
$1.48B
| $134K | ﹤0.01% |
21,135
+10,508
| +99% | +$65.6K |
|
2350
Joby Aviation
JOBY
$8.55B
| $134K | ﹤0.01% |
40,100
-59,600
| -60% | -$241K |
|
Similar funds
PNC Financial Services Group's Q4 2022 Portfolio in Review
As of Q4 2022, PNC Financial Services Group held 4,959 positions worth $104B, up 8.9% from $95.6B the previous quarter. Its ten largest holdings account for 37% of the portfolio.
PNC Financial Services Group's Q4 2022 filing shows 366 new, 1,507 increased, 2,037 reduced and 197 closed positions. Its largest new stake was Hamilton Beach Brands: 485,076 shares worth $6.01M. The largest sale was Invesco QQQ Trust, an estimated $313M.
By sector, the portfolio is most concentrated in Healthcare at 26% of assets, up from 25% a quarter earlier, followed by Technology and Financials.
- PNC Financial Services Group's largest Q4 2022 buy was Hamilton Beach Brands: 485,076 shares worth $6.01M.
- PNC Financial Services Group added most to iShares Core S&P 500 ETF in Q4 2022, an estimated $698M increase.
- PNC Financial Services Group's biggest Q4 2022 reduction was Invesco QQQ Trust, cutting an estimated $313M.
- PNC Financial Services Group fully exited Alleghany Corp in Q4 2022, selling an estimated $74M.
- PNC Financial Services Group's ten largest holdings make up 37% of its $104B portfolio in Q4 2022.
- PNC Financial Services Group opened 366 new positions and closed 197 in Q4 2022.
- PNC Financial Services Group's portfolio value rose 8.9% quarter-over-quarter to $104B.
Based on PNC Financial Services Group's 13F filing for Q4 2022, filed 10 Feb 2023.