PNC Financial Services Group, Inc.

Pittsburgh, PA · CIK 713676 · 13F filing filed 2025-08-08

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Legal entityTHE PNC FINANCIAL SERVICES GROUP, INC. (US)

Other 13F filers in this group: PNC Wealth Management LLC files a notice

$155.2bn reported value -18.7% vs Q1 2025

4,910positions

44.5%in top 10

290 new 1,844 added 2,108 reduced 266 sold out vs Q1 2025

This report includes the holdings of 4 other managers that share the investment decisions:

PNC Delaware Trust Co – reports through this filing
PNC Ohio Trust Co – reports through this filing
PNC Wealth Management LLC – reports through this filing
PNC Bank, National Association – no 13F of its own this quarter

Shares in two reports are counted once in each security's totals.

Holdings, Q2 2025

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	ELI LILLY & CO COM LLY	LLY	51,293,980	$40.0bn25.77%	25.77%	Reduced -50.0m	-50,011,670 -49.4%
2	ISHARES TR CORE S&P500 ETF IVV	IVV	15,375,370	$9.5bn6.15%	6.15%	Added +105.1k	+105,099 0.7%
3	MICROSOFT CORP COM MSFT	MSFT	9,139,154	$4.5bn2.93%	2.93%	Reduced -27.6k	-27,628 -0.3%
4	APPLE INC COM AAPL	AAPL	19,111,492	$3.9bn2.53%	2.53%	Reduced -101.0k	-100,974 -0.5%
5	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	4,088,119	$2.5bn1.63%	1.63%	Reduced -56.7k	-56,675 -1.4%
6	JPMORGAN CHASE & CO COM JPM	JPM	6,755,668	$2.0bn1.26%	1.26%	Reduced -33.9k	-33,882 -0.5%
7	ERIE INDTY CO CL A ERIE	ERIE	4,910,661	$1.7bn1.10%	1.10%	Reduced -162	-162 0.0%
8	INVESCO QQQ TR UNIT SER 1 QQQ	QQQ	3,062,983	$1.7bn1.09%	1.09%	Reduced -42.8k	-42,799 -1.4%
9	WISDOMTREE TR US QTLY DIV GRT DGRW	DGRW	19,788,159	$1.7bn1.07%	1.07%	Added +331.2k	+331,207 1.7%
10	NVIDIA CORPORATION COM NVDA	NVDA	10,092,364	$1.6bn1.03%	1.03%	Added +469.1k	+469,134 4.9%
11	ALPHABET INC CAP STK CL A GOOGL	GOOGL	8,480,898	$1.5bn0.96%	0.96%	Reduced -46.4k	-46,375 -0.5%
12	AMAZON COM INC COM AMZN	AMZN	6,632,605	$1.5bn0.94%	0.94%	Added +38.2k	+38,232 0.6%
13	ISHARES TR MSCI INTL QUALTY IQLT	IQLT	31,568,040	$1.4bn0.88%	0.88%	Added +974.6k	+974,637 3.2%
14	ISHARES TR CORE MSCI EAFE IEFA	IEFA	16,039,614	$1.3bn0.86%	0.86%	Added +680.6k	+680,572 4.4%
15	BROADCOM INC COM AVGO	AVGO	4,818,752	$1.3bn0.86%	0.86%	Added +9.1k	+9,110 0.2%
16	ISHARES TR RUS 1000 GRW ETF IWF	IWF	3,112,830	$1.3bn0.85%	0.85%	Added +13.8k	+13,758 0.4%
17	ISHARES TR MSCI USA QLT FCT QUAL	QUAL	7,080,789	$1.3bn0.83%	0.83%	Reduced -215.7k	-215,735 -3.0%
18	PROCTER AND GAMBLE CO COM PG	PG	8,061,800	$1.3bn0.83%	0.83%	Reduced -86.7k	-86,718 -1.1%
19	ISHARES TR RUS MID CAP ETF IWR	IWR	12,897,853	$1.2bn0.76%	0.76%	Reduced -259.3k	-259,301 -2.0%
20	HOME DEPOT INC COM HD	HD	3,127,479	$1.1bn0.74%	0.74%	Reduced -14.9k	-14,926 -0.5%
21	EXXON MOBIL CORP COM XOM	XOM	10,518,446	$1.1bn0.73%	0.73%	Reduced -111.5k	-111,492 -1.1%
22	AMERICAN CENTY ETF TR US LARGE CAP VLU AVLV	AVLV	16,158,842	$1.1bn0.71%	0.71%	Added +10.0m	+9,979,293 161.5%
23	VANGUARD INDEX FDS GROWTH ETF VUG	VUG	2,329,175	$1.0bn0.66%	0.66%	Added +9.3k	+9,301 0.4%
24	VISA INC COM CL A V	V	2,824,681	$1.0bn0.65%	0.65%	Added +30.8k	+30,779 1.1%
25	META PLATFORMS INC CL A META	META	1,345,118	$992.8m0.64%	0.64%	Added +49.6k	+49,623 3.8%
26	ISHARES TR CORE S&P MCP ETF IJH	IJH	15,612,577	$968.3m0.62%	0.62%	Reduced -166.9k	-166,907 -1.1%
27	ISHARES TR US TREAS BD ETF GOVT	GOVT	41,157,180	$945.8m0.61%	0.61%	Added +121.1k	+121,143 0.3%
28	JOHNSON & JOHNSON COM JNJ	JNJ	5,996,619	$916.0m0.59%	0.59%	Reduced -55.4k	-55,366 -0.9%
29	ISHARES TR CORE US AGGBD ET AGG	AGG	9,128,626	$905.6m0.58%	0.58%	Added +193.3k	+193,320 2.2%
30	V F CORP COM VFC	VFC	74,977,747	$881.0m0.57%	0.57%	Reduced -278.1k	-278,129 -0.4%
31	ISHARES TR CORE S&P SCP ETF IJR	IJR	8,024,639	$877.0m0.57%	0.57%	Reduced -75.7k	-75,708 -0.9%
32	ISHARES TR 7-10 YR TRSY BD IEF	IEF	8,602,910	$823.9m0.53%	0.53%	Reduced -688.4k	-688,371 -7.4%
33	ISHARES TR RUS 1000 ETF IWB	IWB	2,385,776	$810.1m0.52%	0.52%	Reduced -33.8k	-33,762 -1.4%
34	BERKSHIRE HATHAWAY INC DEL CL A BRK.A	BRK.A	1,084	$790.0m0.51%	0.51%	Reduced -33	-33 -3.0%
35	ISHARES TR NATIONAL MUN ETF MUB	MUB	7,528,127	$786.5m0.51%	0.51%	Added +369.8k	+369,771 5.2%
36	ISHARES TR MSCI EAFE ETF EFA	EFA	8,689,604	$776.8m0.50%	0.50%	Added +29.0k	+28,965 0.3%
37	VANGUARD INDEX FDS TOTAL STK MKT VTI	VTI	2,549,479	$774.9m0.50%	0.50%	Added +141	+141 0.0%
38	ISHARES INC CORE MSCI EMKT IEMG	IEMG	12,852,948	$771.6m0.50%	0.50%	Added +541.9k	+541,926 4.4%
39	ABBVIE INC COM ABBV	ABBV	4,085,956	$758.4m0.49%	0.49%	Reduced -52.2k	-52,243 -1.3%
40	MCDONALDS CORP COM MCD	MCD	2,592,768	$757.5m0.49%	0.49%	Reduced -32.1k	-32,098 -1.2%
41	VANGUARD INDEX FDS VALUE ETF VTV	VTV	4,265,950	$754.0m0.49%	0.49%	Added +39.8k	+39,828 0.9%
42	ORACLE CORP COM ORCL	ORCL	3,217,897	$703.5m0.45%	0.45%	Reduced -39.4k	-39,368 -1.2%
43	ISHARES TR RUS 1000 VAL ETF IWD	IWD	3,412,793	$662.9m0.43%	0.43%	Added +57.6k	+57,638 1.7%
44	VANGUARD INDEX FDS MID CAP ETF VO	VO	2,315,383	$647.9m0.42%	0.42%	Reduced -36.8k	-36,771 -1.6%
45	ISHARES TR RUSSELL 2000 ETF IWM	IWM	2,995,588	$646.4m0.42%	0.42%	Reduced -58.8k	-58,803 -1.9%
46	ABBOTT LABS COM ABT	ABT	4,592,410	$624.6m0.40%	0.40%	Reduced -46.3k	-46,296 -1.0%
47	ISHARES TR S&P 500 GRWT ETF IVW	IVW	5,568,243	$613.1m0.40%	0.40%	Added +76.5k	+76,455 1.4%
48	MERCK & CO INC COM MRK	MRK	7,723,259	$611.4m0.39%	0.39%	Reduced -120.9k	-120,912 -1.5%
49	VANGUARD INDEX FDS LARGE CAP ETF VV	VV	2,123,462	$605.8m0.39%	0.39%	Added +13.8k	+13,798 0.7%
50	COSTCO WHSL CORP NEW COM COST	COST	582,158	$576.3m0.37%	0.37%	Added +1.9k	+1,868 0.3%
51	INVESCO EXCH TRADED FD TR II NASDAQ 100 ETF QQQM	QQQM	2,427,022	$551.2m0.36%	0.36%	Reduced -88.5k	-88,499 -3.5%
52	CHEVRON CORP NEW COM CVX	CVX	3,756,368	$537.9m0.35%	0.35%	Reduced -96.1k	-96,088 -2.5%
53	PEPSICO INC COM PEP	PEP	4,065,536	$536.8m0.35%	0.35%	Reduced -108.5k	-108,525 -2.6%
54	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	1,086,482	$527.8m0.34%	0.34%	Added +3.3k	+3,274 0.3%
55	ISHARES TR CORE MSCI INTL IDEV	IDEV	6,858,260	$521.5m0.34%	0.34%	Added +1.2m	+1,155,417 20.3%
56	VANGUARD INTL EQUITY INDEX F ALLWRLD EX US VEU	VEU	7,656,203	$514.6m0.33%	0.33%	Added +74.0k	+74,007 1.0%
57	ISHARES TR MSCI USA MIN VOL USMV	USMV	5,459,821	$512.5m0.33%	0.33%	Reduced -299.6k	-299,551 -5.2%
58	VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF VWO	VWO	10,217,598	$505.4m0.33%	0.33%	Reduced -48.2k	-48,168 -0.5%
59	ALPHABET INC CAP STK CL C GOOG	GOOG	2,843,415	$504.4m0.33%	0.33%	Added +41.7k	+41,712 1.5%
60	PHILIP MORRIS INTL INC COM PM	PM	2,766,248	$503.8m0.32%	0.32%	Reduced -38.2k	-38,212 -1.4%
61	ISHARES TR SELECT DIVID ETF DVY	DVY	3,750,902	$498.2m0.32%	0.32%	Reduced -47.7k	-47,678 -1.3%
62	ISHARES TR CORE DIV GRWTH DGRO	DGRO	7,719,023	$493.6m0.32%	0.32%	Reduced -26.4k	-26,379 -0.3%
63	MASTERCARD INCORPORATED CL A MA	MA	835,797	$469.7m0.30%	0.30%	Reduced -4.3k	-4,298 -0.5%
64	CISCO SYS INC COM CSCO	CSCO	6,726,881	$466.7m0.30%	0.30%	Reduced -119.5k	-119,451 -1.7%
65	ISHARES TR S&P 500 VAL ETF IVE	IVE	2,362,479	$461.7m0.30%	0.30%	Added +105.4k	+105,403 4.7%
66	VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT VEA	VEA	8,080,383	$460.7m0.30%	0.30%	Reduced -85.6k	-85,567 -1.1%
67	KONTOOR BRANDS INC COM KTB	KTB	6,919,091	$456.5m0.29%	0.29%	Reduced -102.6k	-102,575 -1.5%
68	VANGUARD INDEX FDS SMALL CP ETF VB	VB	1,917,060	$454.3m0.29%	0.29%	Added +24.5k	+24,453 1.3%
69	NEXTERA ENERGY INC COM NEE	NEE	6,314,051	$438.3m0.28%	0.28%	Reduced -141.3k	-141,262 -2.2%
70	STRYKER CORPORATION COM SYK	SYK	1,050,602	$415.6m0.27%	0.27%	Added +17.3k	+17,278 1.7%
71	COCA COLA CO COM KO	KO	5,830,280	$412.5m0.27%	0.27%	Reduced -36.9k	-36,879 -0.6%
72	SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP MDY	MDY	723,545	$409.9m0.26%	0.26%	Reduced -21.2k	-21,151 -2.8%
73	BANK AMERICA CORP COM BAC	BAC	8,626,046	$408.2m0.26%	0.26%	Added +190.3k	+190,275 2.3%
74	AUTOMATIC DATA PROCESSING IN COM ADP	ADP	1,301,238	$401.3m0.26%	0.26%	Added +4.3k	+4,318 0.3%
75	WALMART INC COM WMT	WMT	3,904,753	$381.8m0.25%	0.25%	Added +6.2k	+6,178 0.2%
76	RTX CORPORATION COM RTX	RTX	2,419,625	$353.3m0.23%	0.23%	Reduced -18.5k	-18,542 -0.8%
77	S&P GLOBAL INC COM SPGI	SPGI	669,511	$353.0m0.23%	0.23%	Reduced -3.9k	-3,853 -0.6%
78	BLACKROCK INC COM BLK	BLK	331,546	$347.9m0.22%	0.22%	Added +7.1k	+7,115 2.2%
79	INTERNATIONAL BUSINESS MACHS COM IBM	IBM	1,167,890	$344.3m0.22%	0.22%	Reduced -12.9k	-12,927 -1.1%
80	HONEYWELL INTL INC COM COM		1,477,407	$344.1m0.22%	0.22%	Added +19.1k	+19,092 1.3%
81	ISHARES TR RUS MD CP GR ETF IWP	IWP	2,464,458	$341.8m0.22%	0.22%	Reduced -200.7k	-200,748 -7.5%
82	AMERICAN EXPRESS CO COM AXP	AXP	1,061,823	$338.7m0.22%	0.22%	Reduced -6.4k	-6,413 -0.6%
83	DIMENSIONAL ETF TRUST INTERNATNAL VAL DFIV	DFIV	7,834,447	$335.5m0.22%	0.22%	Added +542.6k	+542,605 7.4%
84	EATON CORP PLC SHS ETN	ETN	924,940	$330.2m0.21%	0.21%	Added +582	+582 0.1%
85	VANGUARD SCOTTSDALE FDS INT-TERM CORP VCIT	VCIT	3,899,335	$323.3m0.21%	0.21%	Added +72.1k	+72,147 1.9%
86	WISDOMTREE TR US LARGECAP DIVD DLN	DLN	3,886,291	$319.2m0.21%	0.21%	Reduced -6.2k	-6,190 -0.2%
87	MORGAN STANLEY COM NEW MS	MS	2,253,747	$317.5m0.20%	0.20%	Added +2.1k	+2,113 0.1%
88	VANGUARD INDEX FDS MCAP GR IDXVIP VOT	VOT	1,098,715	$312.5m0.20%	0.20%	Reduced -34.5k	-34,543 -3.0%
89	UNION PAC CORP COM UNP	UNP	1,307,663	$300.9m0.19%	0.19%	Reduced -42.9k	-42,915 -3.2%
90	LAM RESEARCH CORP COM NEW LRCX	LRCX	3,074,962	$299.3m0.19%	0.19%	Added +20.2k	+20,228 0.7%
91	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	969,532	$289.8m0.19%	0.19%	Added +15.0k	+14,959 1.6%
92	ILLINOIS TOOL WKS INC COM ITW	ITW	1,158,384	$286.4m0.18%	0.18%	Reduced -16.4k	-16,389 -1.4%
93	DISNEY WALT CO COM DIS	DIS	2,287,808	$283.7m0.18%	0.18%	Added +16.6k	+16,634 0.7%
94	AMGEN INC COM AMGN	AMGN	1,010,085	$282.0m0.18%	0.18%	Reduced -14.1k	-14,067 -1.4%
95	ISHARES TR MBS ETF MBB	MBB	2,916,723	$273.9m0.18%	0.18%	Reduced -22.8k	-22,803 -0.8%
96	PNC FINL SVCS GROUP INC COM PNC	PNC	1,468,234	$273.7m0.18%	0.18%	Reduced -33.9k	-33,894 -2.3%
97	UNITEDHEALTH GROUP INC COM UNH	UNH	872,370	$272.2m0.18%	0.18%	Reduced -329.6k	-329,609 -27.4%
98	TEXAS INSTRS INC COM TXN	TXN	1,273,286	$264.4m0.17%	0.17%	Reduced -15.4k	-15,422 -1.2%
99	CINTAS CORP COM CTAS	CTAS	1,184,055	$263.9m0.17%	0.17%	Reduced -5.5k	-5,536 -0.5%
100	CHUBB LIMITED COM CB	CB	889,139	$257.6m0.17%	0.17%	Reduced -6.2k	-6,154 -0.7%

Sold out since Q1 2025

Security	Ticker	Shares held before	Value then
DISCOVER FINL SVCS DFS	DFS	216,617	$37.0m216.6k shares
SANDY SPRING BANCORP INC SASR	SASR	52,379	$1.5m52.4k shares
BERRY GLOBAL GROUP INC BERY	BERY	16,045	$1.1m16.0k shares
M3BRIGADE ACQUISITION V CORP VLOS	VLOS	100,000	$1.0m100.0k shares
MOUNTAIN LAKE ACQUISITION CO		100,000	$1.0m100.0k shares
BLACKROCK MUNIHLDGS NY QLTY		98,763	$1.0m98.8k shares
BNY MELLON MUN INCOME INC		122,951	$882.8k123.0k shares
GIGCAPITAL7 CORP HDRN	HDRN	75,200	$761.0k75.2k shares
CAPITAL GRP FIXED INCM ETF T CGMU	CGMU	20,468	$549.0k20.5k shares
BLACKROCK MUN TARGET TERM TR BTT	BTT	23,515	$499.2k23.5k shares
BARRICK GOLD CORP		25,426	$494.3k25.4k shares
BOOKING HOLDINGS INC BKNG 0.75 05.01.25	BKNG 0.75 05.01.25	2,000	$491.6k2.0k shares
RBB FD INC TBIL	TBIL	7,340	$367.1k7.3k shares
BLACKROCK HEALTH SCIENCES TE BMEZ	BMEZ	23,433	$349.2k23.4k shares
ROCKET LAB USA INC		19,352	$346.0k19.4k shares
INTRA-CELLULAR THERAPIES INC ITCI	ITCI	2,516	$331.9k2.5k shares
BANCOLOMBIA S A CIB	CIB	8,117	$326.3k8.1k shares
AKAMAI TECHNOLOGIES INC AKAM 0.125 05.01.25	AKAM 0.125 05.01.25	3,000	$298.6k3.0k shares
INNOVATOR ETFS TRUST BUFF	BUFF	6,422	$283.1k6.4k shares
BLACKROCK ESG CAP ALLC TERM ECAT	ECAT	16,025	$252.7k16.0k shares
HUBSPOT INC HUBS 0.375 06.01.25	HUBS 0.375 06.01.25	1,000	$201.2k1.0k shares
ETF SER SOLUTIONS NETL	NETL	8,000	$200.3k8.0k shares
ISHARES TR ISCG	ISCG	4,168	$187.8k4.2k shares
EASTERLY GOVT PPTYS INC		17,710	$187.7k17.7k shares
EPIROC AKTIEBOLAG UNSPONSRED ADS		7,878	$158.5k7.9k shares

Stakes above 5%

Companies where this manager has reported owning more than 5% of a class of shares, on Schedule 13D (may seek influence) or 13G (passive): its latest filing for each, from 19 Dec 2024 on.

Company	Ticker	Stake	Change	Schedule	Last filed
INVESCO EXCH TRADED FD TR II CQQQ · 13G · filed 2026-05-08	CQQQ	18.0%≈ $560.2m	+3.3 pts	13G	2026-05-08
ERIE INDTY CO ERIE · 13G · filed 2025-05-09	ERIE	11.0%≈ $1.2bn	-1.5 pts	13G	2025-05-09
GLOBAL X FDS AIQ · 13G · filed 2026-08-07	AIQ	10.3%≈ $1.1bn	-6.3 pts	13G	2026-08-07
AMERICAN CENTY ETF TR AVLV · 13G · filed 2026-05-08	AVLV	10.2%≈ $1.2bn	-2.1 pts	13G	2026-05-08
TCW ETF TRUST VOTE · 13G · filed 2025-11-07	VOTE	9.9%≈ $101.3m	+1.4 pts	13G	2025-11-07
V F CORP VFC · 13G · filed 2025-02-07	VFC	9.7%≈ $628.1m		13G	2025-02-07
CADRENAL THERAPEUTICS INC CVKD · 13G · filed 2026-08-07	CVKD	8.1%≈ $779.0k	new	13G	2026-08-07
KONTOOR BRANDS INC KTB · 13G · filed 2025-05-09	KTB	6.4%≈ $292.9m	-1.2 pts	13G	2025-05-09
SPDR INDEX SHS FDS CWI · 13G · filed 2025-02-07	CWI	6.3%≈ $146.0m		13G	2025-02-07
WISDOMTREE TR DGRW · 13G · filed 2026-02-06	DGRW	6.2%≈ $372.0m	-1.9 pts	13G	2026-02-06
INVESCO EXCH TRADED FD TR II TBLL · 13G · filed 2026-08-07	TBLL	6.0%≈ $162.5m	+1.9 pts	13G	2026-08-07
ISHARES TR IQLT · 13G · filed 2026-02-06	IQLT	6.0%≈ $882.7m	-1.8 pts	13G	2026-02-06
ELI LILLY & CO LLY · 13G · filed 2025-02-07	LLY	5.4%≈ $61.4bn		13G	2025-02-07
ISHARES TR IDEV · 13G · filed 2026-08-07	IDEV	5.3%≈ $1.6bn	new	13G	2026-08-07