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 |
NVIDIA
NVDA
|
+$302M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$200M |
| 3 |
iShares US Treasury Bond ETF
GOVT
|
+$72.8M |
| 4 |
Raymond James Financial
RJF
|
+$69.6M |
| 5 |
iShares Core US Aggregate Bond ETF
AGG
|
+$63.6M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$342M |
| 2 |
CSX Corp
CSX
|
+$102M |
| 3 |
Apple
AAPL
|
+$87.1M |
| 4 |
Microsoft
MSFT
|
+$81.5M |
| 5 |
CDW
CDW
|
+$71.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 30.53% |
| 2 | Technology | 10.62% |
| 3 | Financials | 7.32% |
| 4 | Consumer Discretionary | 4.98% |
| 5 | Industrials | 3.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Eli Lilly
LLY
$1.06T
| $39.6B | 26.48% |
51,303,099
-57,631
| -0.1% | -$47.7M |
|
|
2
iShares Core S&P 500 ETF
IVV
$875B
| $8.9B | 5.95% |
15,123,633
+338,269
| +2% | +$200M |
|
|
3
Apple
AAPL
$4.72T
| $4.85B | 3.24% |
19,350,242
-369,581
| -2% | -$87.1M |
|
|
4
Microsoft
MSFT
$2.83T
| $3.9B | 2.61% |
9,244,759
-191,310
| -2% | -$81.5M |
|
5
State Street SPDR S&P 500 ETF Trust
SPY
$777B
| $2.45B | 1.64% |
4,176,981
-36,460
| -0.9% | -$21.5M |
|
6
Erie Indemnity
ERIE
$11.2B
| $2.02B | 1.35% |
4,911,189
+296
| +0% | +$132K |
|
7
JPMorgan Chase
JPM
$930B
| $1.64B | 1.1% |
6,834,223
-58,961
| -0.9% | -$13.7M |
|
8
VF Corp
VFC
$6.49B
| $1.62B | 1.08% |
75,276,309
-464,962
| -0.6% | -$9.47M |
|
9
Alphabet (Google) Class A
GOOGL
$3.89T
| $1.62B | 1.08% |
8,533,681
-64,001
| -0.7% | -$11.2M |
|
10
Invesco QQQ Trust
QQQ
$460B
| $1.59B | 1.07% |
3,116,706
+27,115
| +0.9% | +$13.7M |
|
11
WisdomTree Trust WisdomTree US Quality Dividend Growth Fund
DGRW
$16.5B
| $1.54B | 1.03% |
19,089,313
+212,256
| +1% | +$17.7M |
|
12
Amazon
AMZN
$2.51T
| $1.43B | 0.96% |
6,523,542
-15,526
| -0.2% | -$3.18M |
|
13
Procter & Gamble
PG
$342B
| $1.37B | 0.92% |
8,180,655
-107,745
| -1% | -$18.4M |
|
14
iShares MSCI USA Quality Factor ETF
QUAL
$45.6B
| $1.37B | 0.91% |
7,679,398
-152,557
| -2% | -$27.7M |
|
15
iShares Russell 1000 Growth ETF
IWF
$123B
| $1.25B | 0.84% |
12,481,324
-52,556
| -0.4% | -$5.17M |
|
16
Home Depot
HD
$324B
| $1.23B | 0.82% |
3,159,385
-51,179
| -2% | -$20.9M |
|
|
17
NVIDIA
NVDA
$5.06T
| $1.23B | 0.82% |
9,150,425
+2,189,311
| +31% | +$302M |
|
18
iShares Russell Mid-Cap ETF
IWR
$56.5B
| $1.19B | 0.79% |
13,436,472
-72,899
| -0.5% | -$6.62M |
|
19
ExxonMobil
XOM
$650B
| $1.15B | 0.77% |
10,719,437
-62,571
| -0.6% | -$7.32M |
|
20
iShares MSCI Intl Quality Factor ETF
IQLT
$13.6B
| $1.15B | 0.77% |
31,005,400
+481,105
| +2% | +$18.8M |
|
21
Broadcom
AVGO
$1.87T
| $1.11B | 0.74% |
4,804,682
-251,524
| -5% | -$46.5M |
|
22
iShares Core MSCI EAFE ETF
IEFA
$185B
| $1.05B | 0.7% |
14,972,561
+50,690
| +0.3% | +$3.74M |
|
23
iShares Core S&P Mid-Cap ETF
IJH
$122B
| $1.03B | 0.69% |
16,591,359
+56,800
| +0.3% | +$3.64M |
|
24
Visa
V
$669B
| $974M | 0.65% |
3,082,417
+6,447
| +0.2% | +$1.94M |
|
25
Vanguard Growth ETF
VUG
$217B
| $948M | 0.63% |
13,856,076
-215,610
| -2% | -$14.5M |
|
Similar funds
PNC Financial Services Group's Q4 2024 Portfolio in Review
As of Q4 2024, PNC Financial Services Group held 5,023 positions worth $150B, down 4.5% from $157B the previous quarter. Its ten largest holdings account for 46% of the portfolio.
PNC Financial Services Group's Q4 2024 filing shows 233 new, 1,817 increased, 1,924 reduced and 240 closed positions. Its largest new stake was iShares High Yield Corporate Bond BuyWrite Strategy ETF: 67,722 shares worth $2.15M. The largest sale was iShares MSCI USA Min Vol Factor ETF, an estimated $342M.
By sector, the portfolio is most concentrated in Healthcare at 31% of assets, down from 33% a quarter earlier, followed by Technology and Financials.
- PNC Financial Services Group's largest Q4 2024 buy was iShares High Yield Corporate Bond BuyWrite Strategy ETF: 67,722 shares worth $2.15M.
- PNC Financial Services Group added most to NVIDIA in Q4 2024, an estimated $302M increase.
- PNC Financial Services Group's biggest Q4 2024 reduction was iShares MSCI USA Min Vol Factor ETF, cutting an estimated $342M.
- PNC Financial Services Group fully exited Marathon Oil Corporation in Q4 2024, selling an estimated $5.23M.
- PNC Financial Services Group's ten largest holdings make up 46% of its $150B portfolio in Q4 2024.
- PNC Financial Services Group opened 233 new positions and closed 240 in Q4 2024.
- PNC Financial Services Group's portfolio value fell 4.5% quarter-over-quarter to $150B.
Based on PNC Financial Services Group's 13F filing for Q4 2024, filed 7 Feb 2025.