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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$177M |
| 2 |
iShares S&P 500 Growth ETF
IVW
|
+$157M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$134M |
| 4 |
iShares Core S&P 500 ETF
IVV
|
+$98.1M |
| 5 |
Norfolk Southern
NSC
|
+$91.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
VF Corp
VFC
|
+$173M |
| 2 |
Xtrackers MSCI Europe Hedged Equity ETF
DBEU
|
+$109M |
| 3 |
Texas Instruments
TXN
|
+$109M |
| 4 |
DuPont de Nemours
DD
|
+$108M |
| 5 |
AET
Aetna Inc
AET
|
+$98.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 22.6% |
| 2 | Consumer Discretionary | 14.83% |
| 3 | Healthcare | 7.48% |
| 4 | Technology | 7.01% |
| 5 | Industrials | 5.07% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Blackrock
BLK
$161B
| $13.4B | 14.88% |
34,027,283
-194,380
| -0.6% | -$79.6M |
|
|
2
VF Corp
VFC
$6.49B
| $9.75B | 10.85% |
145,105,335
-2,265,242
| -2% | -$173M |
|
|
3
iShares Core S&P 500 ETF
IVV
$875B
| $1.7B | 1.89% |
6,757,245
+361,347
| +6% | +$98.1M |
|
|
4
State Street SPDR S&P 500 ETF Trust
SPY
$777B
| $1.68B | 1.87% |
6,731,925
+656,289
| +11% | +$177M |
|
5
Microsoft
MSFT
$2.83T
| $1.38B | 1.53% |
13,537,606
+150,105
| +1% | +$16.1M |
|
6
Apple
AAPL
$4.72T
| $1.34B | 1.49% |
33,994,240
-478,156
| -1% | -$23.2M |
|
7
Johnson & Johnson
JNJ
$624B
| $1.09B | 1.21% |
8,409,263
-372,478
| -4% | -$52M |
|
8
Procter & Gamble
PG
$342B
| $1.03B | 1.15% |
11,255,888
+788,247
| +8% | +$70.5M |
|
9
ExxonMobil
XOM
$650B
| $1.02B | 1.13% |
14,905,505
-396,450
| -3% | -$31.1M |
|
|
10
iShares MSCI EAFE ETF
EFA
$76.1B
| $1.01B | 1.13% |
17,255,269
+2,146,330
| +14% | +$134M |
|
11
JPMorgan Chase
JPM
$930B
| $934M | 1.04% |
9,564,970
-179,951
| -2% | -$19.2M |
|
12
iShares Russell Mid-Cap ETF
IWR
$56.5B
| $881M | 0.98% |
18,945,764
-234,328
| -1% | -$11.8M |
|
13
Pfizer
PFE
$143B
| $867M | 0.97% |
20,945,476
-442,140
| -2% | -$18.4M |
|
14
Home Depot
HD
$324B
| $789M | 0.88% |
4,593,055
-148,129
| -3% | -$26.6M |
|
15
Intel
INTC
$504B
| $724M | 0.81% |
15,417,125
+832,109
| +6% | +$39M |
|
16
Merck
MRK
$322B
| $694M | 0.77% |
9,522,356
-72,887
| -0.8% | -$5.15M |
|
17
McDonald's
MCD
$187B
| $683M | 0.76% |
3,847,214
+31,781
| +0.8% | +$5.64M |
|
18
Erie Indemnity
ERIE
$11.2B
| $647M | 0.72% |
4,850,657
-249
| -0% | -$32.3K |
|
19
PepsiCo
PEP
$184B
| $637M | 0.71% |
5,762,420
-54,722
| -0.9% | -$6.17M |
|
20
Cisco
CSCO
$444B
| $618M | 0.69% |
14,269,461
+616,591
| +5% | +$28.2M |
|
21
iShares Core MSCI EAFE ETF
IEFA
$185B
| $605M | 0.67% |
11,000,798
+977,750
| +10% | +$57.4M |
|
22
iShares Core US Aggregate Bond ETF
AGG
$137B
| $599M | 0.67% |
5,624,668
-353,658
| -6% | -$37.1M |
|
23
Alphabet (Google) Class A
GOOGL
$3.89T
| $559M | 0.62% |
10,694,140
+89,440
| +0.8% | +$4.83M |
|
24
iShares Russell 2000 ETF
IWM
$81.2B
| $558M | 0.62% |
4,169,750
+7,886
| +0.2% | +$1.18M |
|
25
iShares Russell 1000 Growth ETF
IWF
$123B
| $557M | 0.62% |
17,033,348
+595,852
| +4% | +$21M |
|
Similar funds
PNC Financial Services Group's Q4 2018 Portfolio in Review
As of Q4 2018, PNC Financial Services Group held 4,382 positions worth $89.8B, down 15% from $105B the previous quarter. Its ten largest holdings account for 37% of the portfolio.
PNC Financial Services Group's Q4 2018 filing shows 181 new, 1,629 increased, 1,711 reduced and 236 closed positions. Its largest new stake was Linde: 228,039 shares worth $35.6M. The largest sale was VF Corp, an estimated $173M.
By sector, the portfolio is most concentrated in Financials at 23% of assets, down from 23% a quarter earlier, followed by Consumer Discretionary and Healthcare.
- PNC Financial Services Group's largest Q4 2018 buy was Linde: 228,039 shares worth $35.6M.
- PNC Financial Services Group added most to State Street SPDR S&P 500 ETF Trust in Q4 2018, an estimated $177M increase.
- PNC Financial Services Group's biggest Q4 2018 reduction was VF Corp, cutting an estimated $173M.
- PNC Financial Services Group fully exited Aetna Inc in Q4 2018, selling an estimated $98.5M.
- PNC Financial Services Group's ten largest holdings make up 37% of its $89.8B portfolio in Q4 2018.
- PNC Financial Services Group opened 181 new positions and closed 236 in Q4 2018.
- PNC Financial Services Group's portfolio value fell 15% quarter-over-quarter to $89.8B.
Based on PNC Financial Services Group's 13F filing for Q4 2018, filed 8 Feb 2019.