PNC Financial Likes Blackrock Shares in Third Quarter

Wall St. Watchdog reveals information regarding PNC Financial Services Group’s top holdings in the Financial sector for the quarter ending September 30th, 2011. The firm held 992 stocks in the Financial sector at the end of the quarter with an aggregate market value of $13.107 billion.

  • Blackrock Inc. (NYSE:BLK): On 06/30/2011, PNC Financial Services Group reported holding 33,344,190 shares with a market value of $6,395,749,002. This comprised 15.84% of the total portfolio. On 09/30/2011, PNC Financial Services Group reported holding 33,338,986 shares with a market value of $4,934,503,135. This comprised 14.16% of the total portfolio. The net change in shares for this position over the two quarters is -5,204. About Company: BlackRock, Inc. provides diversified investment management services to institutional clients and to retail investors through various investment vehicles. The Company offers the BlackRock Funds and Blackrock Liquidity Funds, and also provides risk management services to fixed income institutional investors.
  • Spdr S&p 500 (NYSE:SPY): On 06/30/2011, PNC Financial Services Group reported holding 5,277,124 shares with a market value of $696,422,061. This comprised 1.72% of the total portfolio. On 09/30/2011, PNC Financial Services Group reported holding 5,070,532 shares with a market value of $573,730,704. This comprised 1.65% of the total portfolio. The net change in shares for this position over the two quarters is -206,592. About Company: SPDR S&P 500 ETF Trust is a unit investment trust incorporated in the United States. The Trust consists of a portfolio representing all 500 stocks in the S&P 500 Index.
  • Ishares Msci Eafe Index (NYSE:EFA): On 06/30/2011, PNC Financial Services Group reported holding 9,892,075 shares with a market value of $594,909,384. This comprised 1.47% of the total portfolio. On 09/30/2011, PNC Financial Services Group reported holding 8,941,529 shares with a market value of $427,226,245. This comprised 1.23% of the total portfolio. The net change in shares for this position over the two quarters is -950,546. About Company: iShares MSCI EAFE Index Fund is an exchange-traded fund incorporated in the USA. The Fund’s objective seeks investment results that correspond to the performance of the MSCI EAFE Index. The Fund will concentrate its investments in stocks in the MSCI EAFE Index to approximately the same extent the Index is so concentrated.
  • Ishares S&p 500 Index (NYSE:IVV): On 06/30/2011, PNC Financial Services Group reported holding 3,759,249 shares with a market value of $497,799,746. This comprised 1.23% of the total portfolio. On 09/30/2011, PNC Financial Services Group reported holding 3,548,502 shares with a market value of $403,429,201. This comprised 1.16% of the total portfolio. The net change in shares for this position over the two quarters is -210,747. About Company: iShares S&P 500 Index Fund is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P 500 Index. The Fund uses a Replication strategy to obtain its objective. The Index measures the performance of the large-capitalization sector of the U.S. equity market.
  • Erie Indemnity Co. (NASDAQ:ERIE): On 06/30/2011, PNC Financial Services Group reported holding 4,790,227 shares with a market value of $338,764,859. This comprised 0.84% of the total portfolio. On 09/30/2011, PNC Financial Services Group reported holding 4,793,597 shares with a market value of $341,208,236. This comprised 0.98% of the total portfolio. The net change in shares for this position over the two quarters is 3,370. About Company: Erie Indemnity Company is the management company for the Erie Insurance Exchange. The Company is also involved in the property/casualty insurance business through its wholly-owned subsidiaries and through its management of Flagship City Insurance Company. Erie Indemnity sells auto, home, life and business insurance in the United States.
  • Ishares Msci Emerging Markets Index (NYSE:EEM): On 06/30/2011, PNC Financial Services Group reported holding 6,365,289 shares with a market value of $302,987,747. This comprised 0.75% of the total portfolio. On 09/30/2011, PNC Financial Services Group reported holding 6,890,317 shares with a market value of $241,850,116. This comprised 0.69% of the total portfolio. The net change in shares for this position over the two quarters is 525,028. About Company: iShares MSCI Emerging Markets Index is an exchange-traded fund incorporated in the USA. The Fund seeks results that correspond generally to the price and yield performance of the MSCI TR Emerging Markets Index. The Fund will concentrate its investments in a particular industry or geographic region to approximately the same extent the Index is so concentrated.
  • Vanguard Emerging Markets Stock Etf (NYSE:VWO): On 06/30/2011, PNC Financial Services Group reported holding 6,453,646 shares with a market value of $313,776,262. This comprised 0.78% of the total portfolio. On 09/30/2011, PNC Financial Services Group reported holding 6,689,942 shares with a market value of $239,700,634. This comprised 0.69% of the total portfolio. The net change in shares for this position over the two quarters is 236,296. About Company: Vanguard Emerging Markets ETF is an exchange-traded fund incorporated in the USA. The Fund seeks to track the performance of the MSCI Daily TR Net Emerging Markets USD Index. The Fund invests its assets in the stocks that make up the Index, holding each stock in the same proportion as its weighting.
  • Ishares Russell Midcap Index (NYSE:IWR): On 06/30/2011, PNC Financial Services Group reported holding 2,620,232 shares with a market value of $286,496,157. This comprised 0.71% of the total portfolio. On 09/30/2011, PNC Financial Services Group reported holding 2,555,801 shares with a market value of $225,549,438. This comprised 0.65% of the total portfolio. The net change in shares for this position over the two quarters is -64,431. About Company: iShares Russell Midcap Index Fund is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that correspond to the performance of the Russell Midcap Index. The Index is a capitalization-weighted index consisting of the 800 smallest companies in the Russell 1000 Index. The Fund uses a Representative Sampling strategy to try to track the Index.
  • Jpmorgan Chase & Co. (NYSE:JPM): On 06/30/2011, PNC Financial Services Group reported holding 7,582,806 shares with a market value of $310,440,067. This comprised 0.77% of the total portfolio. On 09/30/2011, PNC Financial Services Group reported holding 7,428,183 shares with a market value of $223,736,878. This comprised 0.64% of the total portfolio. The net change in shares for this position over the two quarters is -154,623. About Company: JPMorgan Chase & Co. provides global financial services and retail banking. The Company provides services such as investment banking, treasury and securities services, asset management, private banking, card member services, commercial banking, and home finance. JP Morgan Chase serves business enterprises, institutions, and individuals.
  • Ishares Barclays 1-3 Year Credit Bond (NYSE:CSJ): On 06/30/2011, PNC Financial Services Group reported holding 1,962,228 shares with a market value of $205,935,823. This comprised 0.51% of the total portfolio. On 09/30/2011, PNC Financial Services Group reported holding 2,021,640 shares with a market value of $210,210,134. This comprised 0.6% of the total portfolio. The net change in shares for this position over the two quarters is 59,412. About Company: iShares Barclays 1-3 Year Credit Bond Fund is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that correspond to the price and yield of the investment grade credit sector of the United States bond market as defined by the Barclays Capital 1-3 Year U.S. Credit Index.

(Note: Data regarding PNC Financial Services Group’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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