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 |
McKesson
MCK
|
+$81.9M |
| 2 |
PPG Industries
PPG
|
+$77M |
| 3 |
Apple
AAPL
|
+$74.5M |
| 4 |
ManpowerGroup
MAN
|
+$68.4M |
| 5 |
State Street Health Care Select Sector SPDR ETF
XLV
|
+$60.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Short-Term Corporate Bond ETF
VCSH
|
+$95.5M |
| 2 |
IBM
IBM
|
+$90.9M |
| 3 |
Avnet
AVT
|
+$80.9M |
| 4 |
Cooper Companies
COO
|
+$72.6M |
| 5 |
Ford
F
|
+$70.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 22.8% |
| 2 | Consumer Discretionary | 17.46% |
| 3 | Consumer Staples | 7.86% |
| 4 | Energy | 7.55% |
| 5 | Industrials | 7.35% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Blackrock
BLK
$161B
| $11.1B | 14.7% |
35,010,882
-175,275
| -0.5% | -$52.3M |
|
2
VF Corp
VFC
$6.49B
| $10.5B | 14% |
179,687,088
-7,105
| -0% | -$370K |
|
3
ExxonMobil
XOM
$650B
| $2.32B | 3.08% |
22,926,707
-609,343
| -3% | -$56.3M |
|
4
Procter & Gamble
PG
$342B
| $1.51B | 2% |
18,503,761
-406,085
| -2% | -$33.1M |
|
5
GE Aerospace
GE
$362B
| $1.24B | 1.65% |
9,248,545
-157,100
| -2% | -$19.8M |
|
6
State Street SPDR S&P 500 ETF Trust
SPY
$777B
| $1.13B | 1.49% |
6,096,754
-15,232
| -0.2% | -$2.7M |
|
7
Johnson & Johnson
JNJ
$624B
| $1.09B | 1.45% |
11,936,165
-314,526
| -3% | -$29M |
|
8
Chevron
CVX
$387B
| $843M | 1.12% |
6,752,615
-392,986
| -5% | -$47.5M |
|
|
9
Apple
AAPL
$4.72T
| $820M | 1.09% |
40,903,688
+3,945,984
| +11% | +$74.5M |
|
10
iShares Core S&P 500 ETF
IVV
$875B
| $789M | 1.05% |
4,250,817
+33,225
| +0.8% | +$5.91M |
|
11
iShares MSCI EAFE ETF
EFA
$76.1B
| $742M | 0.98% |
11,063,622
+97,032
| +0.9% | +$6.34M |
|
|
12
IBM
IBM
$195B
| $728M | 0.97% |
4,060,498
-527,031
| -11% | -$90.9M |
|
13
Pfizer
PFE
$143B
| $614M | 0.82% |
21,143,567
-540,964
| -2% | -$15.7M |
|
14
JPMorgan Chase
JPM
$930B
| $588M | 0.78% |
10,057,342
-512,799
| -5% | -$28.1M |
|
15
Merck
MRK
$322B
| $581M | 0.77% |
12,156,610
-455,897
| -4% | -$20.8M |
|
16
Wells Fargo
WFC
$261B
| $552M | 0.73% |
12,157,135
-228,808
| -2% | -$9.88M |
|
17
3M
MMM
$87.5B
| $551M | 0.73% |
4,698,817
-155,371
| -3% | -$16.6M |
|
18
PepsiCo
PEP
$184B
| $534M | 0.71% |
6,436,256
-181,832
| -3% | -$15.1M |
|
19
RTX Corp
RTX
$282B
| $533M | 0.71% |
7,446,160
-185,751
| -2% | -$12.7M |
|
20
Microsoft
MSFT
$2.83T
| $514M | 0.68% |
13,746,791
-468,933
| -3% | -$17M |
|
21
Coca-Cola
KO
$349B
| $505M | 0.67% |
12,215,286
-892,921
| -7% | -$35.2M |
|
22
Verizon
VZ
$183B
| $501M | 0.66% |
10,193,732
-731,398
| -7% | -$36M |
|
23
Campbell Soup
CPB
$6.38B
| $492M | 0.65% |
11,363,762
-15,375
| -0.1% | -$637K |
|
24
Berkshire Hathaway Class A
BRK.A
$1.06T
| $487M | 0.65% |
2,738
-14
| -0.5% | -$2.43M |
|
25
Philip Morris
PM
$298B
| $484M | 0.64% |
5,559,548
-212,750
| -4% | -$18.6M |
|
Similar funds
PNC Financial Services Group's Q4 2013 Portfolio in Review
As of Q4 2013, PNC Financial Services Group held 3,881 positions worth $75.4B, up 9.8% from $68.6B the previous quarter. Its ten largest holdings account for 42% of the portfolio.
PNC Financial Services Group's Q4 2013 filing shows 255 new, 829 increased, 1,748 reduced and 473 closed positions. Its largest new stake was STANDARD REGISTER CO (NEW): 1,162,098 shares worth $8M. The largest sale was Vanguard Short-Term Corporate Bond ETF, an estimated $95.5M.
By sector, the portfolio is most concentrated in Financials at 23% of assets, up from 22% a quarter earlier, followed by Consumer Discretionary and Consumer Staples.
- PNC Financial Services Group's largest Q4 2013 buy was STANDARD REGISTER CO (NEW): 1,162,098 shares worth $8M.
- PNC Financial Services Group added most to McKesson in Q4 2013, an estimated $81.9M increase.
- PNC Financial Services Group's biggest Q4 2013 reduction was Vanguard Short-Term Corporate Bond ETF, cutting an estimated $95.5M.
- PNC Financial Services Group fully exited Perrigo in Q4 2013, selling an estimated $6.27M.
- PNC Financial Services Group's ten largest holdings make up 42% of its $75.4B portfolio in Q4 2013.
- PNC Financial Services Group opened 255 new positions and closed 473 in Q4 2013.
- PNC Financial Services Group's portfolio value rose 9.8% quarter-over-quarter to $75.4B.
Based on PNC Financial Services Group's 13F filing for Q4 2013, filed 7 Feb 2014.