PNC Financial Services Group, Inc.
The PNC Financial Services Group, Inc., headquartered in Pittsburgh, PA, is one of the largest diversified financial services institutions in the United States. Founded in 1983, PNC offers a full range of retail banking, corporate and institutional banking, as well as asset management services to individuals, corporations, government entities, and non-profits. With roots tracing back to 1865, PNC operates approximately 2,200 branches and has a nationwide and select international presence. The company employs around 55,000 people and is publicly traded on the NYSE under the symbol PNC.
Investment Strategy
PNC follows a comprehensive financial services strategy centered around customer and community needs, offering diverse retail and business banking products, specialized corporate and government services, wealth and asset management, and real estate finance. Their asset management division provides customized estate planning and investment solutions for high net worth individuals, businesses, and nonprofits, while their corporate banking arm delivers treasury, liquidity, and risk management products to public and private sector clients. PNC emphasizes strong local delivery with national reach, backed by deep market expertise across its U.S. branch network.
Top Holdings
Equity Positions (4,616)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
L LLY | ELI LILLY & CO | 25.77% | $39.99B | 51,293,980 | $491.13 | $779.53 | -$43.68B |
I IVV | ISHARES TR | 6.15% | $9.55B | 15,375,370 | $317.18 | $620.90 | +$966.2M |
M MSFT | MICROSOFT CORP | 2.93% | $4.55B | 9,139,154 | $41.84 | $497.41 | +$1.10B |
A AAPL | APPLE INC | 2.53% | $3.92B | 19,111,492 | $17.70 | $205.17 | -$346.6M |
S SPY | SPDR S&P 500 ETF TR | 1.63% | $2.53B | 4,088,119 | $183.84 | $617.85 | +$207.3M |