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 USA Min Vol Factor ETF
USMV
|
+$283M |
| 2 |
WisdomTree Trust WisdomTree US Quality Dividend Growth Fund
DGRW
|
+$208M |
| 3 |
Dimensional International Value ETF
DFIV
|
+$155M |
| 4 |
Honeywell
HON
|
+$99M |
| 5 |
iShares US Treasury Bond ETF
GOVT
|
+$92.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$227M |
| 2 |
iShares MSCI EAFE Value ETF
EFV
|
+$121M |
| 3 |
Lockheed Martin
LMT
|
+$82M |
| 4 |
Apple
AAPL
|
+$74.7M |
| 5 |
Waste Management
WM
|
+$69.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 28.9% |
| 2 | Technology | 10.12% |
| 3 | Financials | 6.81% |
| 4 | Consumer Discretionary | 5.14% |
| 5 | Industrials | 3.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2401
Cedar Fair
FUN
$1.67B
| $131K | ﹤0.01% |
3,300
+300
| +10% | +$11.3K |
|
|
IBTX
2402
DELISTED
Independent Bank Group, Inc.
IBTX
| $131K | ﹤0.01% |
2,580
-147
| -5% | -$5.96K |
|
2403
Gildan
GIL
$10.6B
| $131K | ﹤0.01% |
3,967
-246
| -6% | -$7.97K |
|
2404
Kite Realty
KRG
$5.36B
| $131K | ﹤0.01% |
5,733
-1,317
| -19% | -$28.1K |
|
|
GTY
2405
Getty Realty Corp
GTY
$2.07B
| $131K | ﹤0.01% |
4,484
-424
| -9% | -$12K |
|
2406
Verra Mobility
VRRM
$744M
| $131K | ﹤0.01% |
5,670
-5,043
| -47% | -$103K |
|
2407
Modine Manufacturing
MOD
$10.4B
| $130K | ﹤0.01% |
2,181
-25
| -1% | -$1.22K |
|
2408
1st Source
SRCE
$2.12B
| $129K | ﹤0.01% |
2,356
+218
| +10% | +$10.5K |
|
2409
Invesco WilderHill Clean Energy ETF
PBW
$461M
| $129K | ﹤0.01% |
4,346
+43
| +1% | +$1.19K |
|
2410
Mercury Insurance
MCY
$6.07B
| $129K | ﹤0.01% |
3,459
-164
| -5% | -$5.69K |
|
|
VSTO
2411
DELISTED
Vista Outdoor Inc.
VSTO
| $128K | ﹤0.01% |
4,342
-1,088
| -20% | -$29.9K |
|
|
RDUS
2412
DELISTED
Radius Recycling
RDUS
| $128K | ﹤0.01% |
4,235
-46
| -1% | -$1.21K |
|
2413
Lucid Motors
LCID
$2.77B
| $128K | ﹤0.01% |
3,031
-248
| -8% | -$11.1K |
|
2414
iShares MSCI Malaysia ETF
EWM
$332M
| $128K | ﹤0.01% |
6,000
| – | – |
|
2415
iShares ESG Aware 1-5 Year USD Corporate Bond ETF
SUSB
$1.3B
| $127K | ﹤0.01% |
5,204
+995
| +24% | +$23.8K |
|
2416
Invesco Leisure and Entertainment ETF
PEJ
$308M
| $127K | ﹤0.01% |
3,034
+100
| +3% | +$3.87K |
|
2417
Franklin FTSE Japan ETF
FLJP
$4.08B
| $127K | ﹤0.01% |
4,540
+230
| +5% | +$6.15K |
|
2418
Invesco Municipal Income Opportunities Trust
OIA
$292M
| $127K | ﹤0.01% |
20,005
-1,269
| -6% | -$7.43K |
|
2419
Mativ Holdings
MATV
$711M
| $126K | ﹤0.01% |
8,254
+1,314
| +19% | +$17.7K |
|
|
EVF
2420
Eaton Vance Senior Income Trust
EVF
$90.5M
| $126K | ﹤0.01% |
20,006
-994
| -5% | -$5.97K |
|
2421
Ubiquiti
UI
$34.3B
| $126K | ﹤0.01% |
904
-604
| -40% | -$73.6K |
|
2422
Dimensional US Targeted Value ETF
DFAT
$14.7B
| $126K | ﹤0.01% |
2,407
-1,000
| -29% | -$46.8K |
|
2423
VanEck Long Muni ETF
MLN
$683M
| $126K | ﹤0.01% |
+6,900
| New | +$118K |
|
2424
State Street SPDR S&P Insurance ETF
KIE
$688M
| $126K | ﹤0.01% |
2,777
-4
| -0.1% | -$176 |
|
|
LAND
2425
Gladstone Land Corp
LAND
$360M
| $126K | ﹤0.01% |
8,687
| – | – |
|
Similar funds
PNC Financial Services Group's Q4 2023 Portfolio in Review
As of Q4 2023, PNC Financial Services Group held 4,877 positions worth $127B, up 9% from $117B the previous quarter. Its ten largest holdings account for 43% of the portfolio.
PNC Financial Services Group's Q4 2023 filing shows 263 new, 1,410 increased, 2,264 reduced and 260 closed positions. Its largest new stake was Veralto: 94,572 shares worth $7.78M. The largest sale was iShares MSCI USA Quality Factor ETF, an estimated $227M.
By sector, the portfolio is most concentrated in Healthcare at 29% of assets, down from 29% a quarter earlier, followed by Technology and Financials.
- PNC Financial Services Group's largest Q4 2023 buy was Veralto: 94,572 shares worth $7.78M.
- PNC Financial Services Group added most to iShares MSCI USA Min Vol Factor ETF in Q4 2023, an estimated $283M increase.
- PNC Financial Services Group's biggest Q4 2023 reduction was iShares MSCI USA Quality Factor ETF, cutting an estimated $227M.
- PNC Financial Services Group fully exited Activision Blizzard in Q4 2023, selling an estimated $14.4M.
- PNC Financial Services Group's ten largest holdings make up 43% of its $127B portfolio in Q4 2023.
- PNC Financial Services Group opened 263 new positions and closed 260 in Q4 2023.
- PNC Financial Services Group's portfolio value rose 9% quarter-over-quarter to $127B.
Based on PNC Financial Services Group's 13F filing for Q4 2023, filed 9 Feb 2024.