PNC Financial Services Group, Inc.

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 7, 2025), PNC Financial Services Group, Inc. reported 4,650 stock positions worth $149.5 billion. Its top holding was Eli Lilly (LLY) at 26.5% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 6.0%) and Apple (AAPL, 3.2%). Compared with Q3 2024, it opened 232 new positions, sold out of 234, added to 1,731 and reduced 1,908. The biggest buy was iShares Core S&P 500 ETF (IVV, shares +2%) and the biggest sale Eli Lilly (LLY, shares −0%).

Most Recent 13F
Q2 2026
Location
Pittsburgh, PA
CIK
0000713676
Portfolio Value
$149.5B (Q4 2024)
SEC Filing
0000950123-25-001129 ↗ filed Feb 7, 2025

Holdings Value

0$50.0B$100.0B$150.0B$200.0B$250.0B Q1 2024: $143.8B Q1 2024 Q2 2024: $150.2B Q2 2024 Q3 2024: $156.6B Q3 2024 Q4 2024: $149.5B $149.5B Q4 2024 Q1 2025: $191.0B Q1 2025 Q2 2025: $155.2B Q2 2025 Q3 2025: $164.8B Q3 2025 Q4 2025: $183.1B Q4 2025 Q1 2026: $173.2B Q1 2026 Q2 2026: $201.7B Q2 2026

Holdings 4,650 stocks · $149.5B
LLY Eli Lilly & Co. 26.49% 51,303,099 $39.6B Reduce -0.1%
IVV iShares Core S&P 500 ETF 5.95% 15,123,633 $8.9B Add +2.3%
AAPL Apple Inc. 3.24% 19,350,242 $4.8B Reduce -1.9%
MSFT Microsoft Corp. 2.61% 9,244,759 $3.9B Reduce -2.0%
SPY SS SPDR S&P 500 ETF Trust-US 1.64% 4,176,981 $2.4B Reduce -0.9%
ERIE Erie Indemnity Company Class A 1.35% 4,911,189 $2.0B Add +0.0%
JPM JPMorgan Chase & Co. 1.10% 6,834,223 $1.6B Reduce -0.9%
VFC VF Corp. 1.08% 75,276,309 $1.6B Reduce -0.6%
GOOGL Alphabet Inc. Class A 1.08% 8,533,681 $1.6B Reduce -0.7%
QQQ Invesco QQQ Trust Series 1 1.07% 3,116,706 $1.6B Add +0.9%
DGRW Wisdomtree U.S. Quality Divi 1.03% 19,089,313 $1.5B Add +1.1%
AMZN Amazon.com Inc. 0.96% 6,523,542 $1.4B Reduce -0.2%
PG The Procter & Gamble Co. 0.92% 8,180,655 $1.4B Reduce -1.3%
QUAL iShares MSCI USA Quality Fac 0.91% 7,679,398 $1.4B Reduce -1.9%
IWF iShares Russell 1000 Growth 0.84% 3,120,331 $1.3B Reduce -0.4%
HD Home Depot Inc. 0.82% 3,159,385 $1.2B Reduce -1.6%
NVDA Nvidia Corp. 0.82% 9,150,425 $1.2B Add +31.4%
IWR iShares Russell Mid-Cap ETF 0.79% 13,436,472 $1.2B Reduce -0.5%
XOM Exxon Mobil Corp. 0.77% 10,719,437 $1.2B Reduce -0.6%
IQLT iShares MSCI International Q 0.77% 31,005,400 $1.2B Add +1.6%
AVGO Broadcom Inc. 0.74% 4,804,682 $1.1B Reduce -5.0%
IEFA iShares Core MSCI Eafe ETF 0.70% 14,972,561 $1.1B Add +0.3%
IJH iShares Core S&P Midcap ETF 0.69% 16,591,359 $1.0B Add +0.3%
V Visa Inc. Class A 0.65% 3,082,417 $974.2M Add +0.2%
VUG Vanguard Mrngstar GR ETF-Sui 0.63% 2,309,346 $947.8M Reduce -1.5%
IJR iShares Core S&P Small-Cap E 0.63% 8,136,908 $937.5M Reduce -0.1%
GOVT iShares US Treasury Bond ETF 0.61% 39,816,820 $915.0M Add +8.7%
IEF iShares 7-10 Year Treasury B 0.60% 9,637,029 $890.9M Reduce -1.2%
JNJ Johnson & Johnson 0.59% 6,084,909 $880.0M Reduce -2.1%
AGG iShares Core U.S. Aggregate 0.57% 8,820,344 $854.7M Add +7.9%
MCD McDonald's Corp. 0.54% 2,790,587 $809.0M Reduce -1.2%
MRK Merck & Co. Inc. 0.54% 8,100,071 $805.8M Reduce -1.5%
IWB iShares Russell 1000 ETF 0.53% 2,437,281 $785.2M Reduce -1.3%
BRK.A Berkshire Hathaway Inc. Class A 0.52% 1,149 $782.4M Reduce -2.0%
MUB iShares National Muni Bond E 0.52% 7,338,394 $781.9M Reduce -0.4%
META Meta Platforms Inc. Class A 0.49% 1,257,937 $736.5M Add +0.6%
ABBV Abbvie Inc. 0.49% 4,142,322 $736.1M Reduce -4.5%
KTB Kontoor Brands Inc. 0.48% 8,330,033 $711.5M Reduce -1.3%
VTI VG Morningstar TS MKT ETF-US 0.47% 2,434,605 $705.6M Reduce -0.9%
VTV Vanguard Mrngstr Val ETF-Aui 0.47% 4,156,445 $703.7M Reduce -0.1%
PEP Pepsico Inc. 0.46% 4,567,532 $694.5M Reduce -2.4%
IWM iShares Russell 2000 ETF 0.46% 3,125,652 $690.6M Reduce -0.1%
EFA iShares MSCI Eafe ETF 0.45% 8,919,677 $674.4M Reduce -2.5%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.42% 2,375,851 $627.5M Add +0.2%
IWD iShares Russell 1000 Value E 0.42% 3,386,955 $627.0M Add +4.3%
IEMG iShares Core MSCI Emerging 0.42% 11,895,641 $621.2M Add +3.2%
UNH Unitedhealth Group Inc. 0.41% 1,210,894 $612.5M Reduce -1.6%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.38% 2,116,965 $570.9M Reduce -0.3%
CVX Chevron Corp. 0.37% 3,863,644 $559.6M Reduce -1.4%
IVW iShares S&P 500 Growth ETF 0.37% 5,478,191 $556.2M Add +2.8%
USMV iShares MSCI USA Min Vol Fac 0.37% 6,175,929 $548.4M Reduce -37.6%
ORCL Oracle Corp. 0.37% 3,282,455 $547.0M Reduce -1.4%
QQQM Invesco Nasdaq 100 ETF 0.36% 2,585,832 $544.2M Reduce -0.9%
GOOG Alphabet Inc. Class C 0.36% 2,823,270 $537.7M Reduce -3.0%
COST Costco Wholesale Corp. 0.36% 583,810 $534.9M Add +4.3%
ABT Abbott Laboratories 0.35% 4,670,554 $528.3M Reduce -1.5%
DVY iShares Select Dividend ETF 0.34% 3,815,959 $501.0M Reduce -1.2%
BRK.B Berkshire Hathaway Inc. Class B 0.32% 1,060,245 $480.6M Reduce -0.2%
DGRO iShares Core Dividend Growth 0.32% 7,690,344 $471.7M Reduce -1.9%
VEU Vanguard Ftse All-World Ex-U 0.31% 8,187,196 $470.0M Add +0.9%
NEE Nextera Energy Inc. 0.31% 6,477,213 $464.4M Reduce -1.0%
VB Vanguard Most SM-Cap ETF-Usd 0.31% 1,901,304 $456.8M Add +1.6%
VWO Vanguard Ftse Emerging Marke 0.30% 10,227,867 $450.4M Reduce -0.4%
MA Mastercard Inc. Class A 0.30% 847,648 $446.3M Reduce -1.3%
MDY State Street SPDR S&P Midcap 0.29% 756,730 $431.0M Reduce -1.6%
CSCO Cisco Systems Inc. 0.28% 7,038,482 $416.7M Reduce -1.2%
IVE iShares S&P 500 Value ETF 0.27% 2,142,670 $409.0M Add +8.4%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.25% 8,428,016 $370.4M Reduce -0.1%
SYK Stryker Corp. 0.25% 1,019,614 $367.1M Reduce -2.8%
ADP Automatic Data Processing 0.24% 1,237,998 $362.4M Reduce -1.0%
KO The Coca-Cola Co. 0.24% 5,791,514 $360.6M Reduce -5.0%
VEA Vanguard Ftse Developed ETF 0.24% 7,487,014 $358.0M Reduce -0.0%
WMT Walmart Inc. 0.23% 3,885,117 $351.0M Reduce -2.0%
HON Honeywell International Inc. 0.23% 1,546,851 $349.4M Reduce -1.6%
IWP iShares Russell Mid-Cap Grow 0.23% 2,687,537 $340.6M Add +1.1%
SPGI S&P Global Inc. 0.23% 682,157 $339.7M Reduce -1.2%
ACN Accenture PLC Class A 0.23% 960,293 $337.8M Add +2.9%
PM Philip Morris International 0.23% 2,806,457 $337.8M Add +2.8%
BLK BlackRock Inc. 0.22% 324,542 $332.7M Add +0.1%
ITW Illinois Tool Works 0.21% 1,262,652 $320.2M Add +1.3%
AXP American Express Co. 0.21% 1,070,066 $317.6M Reduce -0.6%
UNP Union Pacific Corp. 0.21% 1,389,392 $316.8M Reduce -4.4%
VCIT Vanguard Int-Term Corporate 0.20% 3,817,496 $306.4M Add +4.7%
DLN Wisdomtree US Largecap Divid 0.20% 3,908,613 $304.1M Add +0.1%
ETN Eaton Corp. PLC 0.20% 908,204 $301.4M Reduce -1.6%
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.20% 1,148,865 $291.5M Reduce -0.8%
PNC PNC Financial Services Group 0.19% 1,491,516 $287.6M Add +0.2%
MS Morgan Stanley 0.19% 2,248,451 $282.7M Add +0.1%
RTX RTX Corp. 0.18% 2,379,443 $275.3M Add +7.4%
MBB iShares MBS ETF 0.18% 2,931,127 $268.7M Add +4.3%
AMGN Amgen Inc. 0.18% 1,017,963 $265.3M Reduce -2.1%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.17% 1,181,333 $259.7M Add +0.5%
VOE Vngrd Mrngstr MD-Cap Val ETF 0.17% 1,565,745 $253.3M Reduce -0.0%
BND Vanguard Total Bond Market 0.17% 3,518,476 $253.0M Add +3.2%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.17% 2,271,184 $252.9M Reduce -1.7%
CB Chubb Ltd. 0.17% 911,447 $251.8M Reduce -1.5%
BMY Bristol-Myers Squibb Co. 0.17% 4,439,960 $251.1M Reduce -0.7%
DFIV Dimensional International Va 0.17% 7,019,949 $249.1M Add +7.0%
TXN Texas Instruments Inc. 0.16% 1,289,962 $241.9M Reduce -0.6%
VZ Verizon Communications Inc. 0.16% 5,834,089 $233.3M Reduce -2.4%

Show all 4,650 holdings

Other holdings (130): bonds, preferreds, convertibles and warrants · $32.6M (not counted above)
SecurityClassShares / PrincipalValueChange
GOLDMAN SACHS GROUP INC (GS F PERP D) Preferred Stock 264,837$6.1MReduce -0.3%
MORGAN STANLEY (MS F PERP +A) COM 250,616$6.0MReduce -1.0%
BANK OF AMERICA CORP (BAC F PERP +4) COM 224,261$5.1MReduce -1.1%
US BANCORP (USB V0 PERP A) PFD 5,289$4.5MReduce -2.3%
NUVASIVE INC (GMED 0.375 03/15/25) NOTE 0.375% 3/1 · principal 11,000$1.1MNew
UBER TECHNOLOGIES INC (UBER 0 12/15/25) NOTE 12/1 · principal 10,000$1.0MNew
METLIFE INC (MET F PERP A) Bond 26,027$651KReduce -0.1%
INSMED INC (INSM 0.75 06/01/28) NOTE 0.750% 6/0 · principal 3,000$650KNew
EXPEDIA GROUP INC (EXPE 0 02/15/26) NOTE 2/1 · principal 6,000$595KNew
BOOKING HOLDINGS INC (BKNG 0.75 05/01/25) NOTE 0.750% 5/0 · principal 2,000$528KNew
GOLDMAN SACHS GROUP INC (GS F PERP A) COM 18,656$421KReduce -13.5%
BANK OF AMERICA CORP (BAC F PERP +5) Equities 17,225$404KNo change
AKAMAI TECHNOLOGIES INC (AKAM 0.125 05/01/25) NOTE 0.125% 5/0 · principal 3,000$317KNo change
OXY.WS Occidental Petroleum-CW27 *W EXP 08/03/202 11,311$312KReduce -0.5%
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 249$304KNo change
TRUIST FINANCIAL CORP (TFC F PERP I) Common Stock 12,437$279KReduce -12.3%
AXON ENTERPRISE INC (AXON 0.5 12/15/27) NOTE 0.500%12/1 · principal 1,000$261KNew
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 206$246KAdd +35.5%
HUBSPOT INC (HUBS 0.375 06/01/25) NOTE 0.375% 6/0 · principal 1,000$246KNew
KEYCORP (KEY V6.125 PERP E) Common Stock 9,122$224KAdd +0.6%
NRG ENERGY INC (NRG 2.75 06/01/48) DBCV 2.750% 6/0 · principal 1,000$219KNew
BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) NOTE 2.500% 3/1 · principal 2,000$209KNew
ZTO EXPRESS KY INC (ZTO 1.5 09/01/27) NOTE 1.500% 9/0 · principal 2,000$198KNew
PDD HOLDINGS INC (PDD 0 12/01/25) NOTE 12/0 · principal 2,000$192KNew
WELLS FARGO & COMPANY (WFC 4.75 PERP Z) Common Stock 5,811$119KReduce -8.6%
BRIGHTHOUSE FINANCIAL IN (BHF 5.375 PERP C) PFD 5,340$100KReduce -31.0%
AT&T INC (T 5.35 11/01/66) Preferred Stock 3,936$96KReduce -29.2%
GOLDMAN SACHS GROUP INC (GS F PERP C) Preferred Stock 3,075$75KReduce -30.4%
JPMORGAN CHASE & CO (JPM 4.625 PERP LL) Common Stock 3,087$64KAdd +5.3%
IONQ.WS Ionq Inc. -CW26 *W EXP 09/30/202 2,017$61KNo change
FIFTH THIRD BANCORP (FITB V7.67122 PERP I) PFD 2,402$61KReduce -6.3%
WELLS FARGO & COMPANY (WFC 5.625 PERP Y) PREFERRED STOCK 2,425$59KAdd +27.8%
WELLS FARGO & COMPANY (WFC 4.7 PERP AA) Common Stock 2,796$56KAdd +4.5%
CHARLES SCHWAB CORP (SCHW 4.45 PERP J) PFD 2,757$54KAdd +6.0%
BANK OF AMERICA CORP (BAC 6 PERP GG) PFD 2,015$51KNo change
METLIFE INC (MET 4.75 PERP F) COM 2,438$50KAdd +10.3%
ARCH CAPITAL GROUP LTD (ACGL 4.55 PERP G) Common Stock 2,754$49KAdd +12.3%
JPMORGAN CHASE & CO (JPM 4.75 PERP GG) Common Stock 2,290$49KAdd +4.8%
TRUIST FINANCIAL CORP (TFC 4.75 PERP R) COM 2,523$49KAdd +11.2%
DUKE ENERGY CORP (DUK 5.75 PERP A) Common Stock 1,883$46KReduce -2.6%
BANK OF AMERICA CORP (BAC 5 PERP LL) PFD 1,963$42KAdd +2.9%
HUNTINGTON BANCSHARES (HBAN 4.5 PERP H) PFD 2,391$42KAdd +8.3%
M&T BANK CORPORATION (MTB V5.625 PERP H) Common Stock 1,538$37KAdd +10.9%
BANK OF AMERICA CORP (BAC 4.25 PERP QQ) Common Stock 1,968$37KAdd +13.1%
BANK OF AMERICA CORP (BAC 6.45 12/15/66 K*) Common Stock 1,425$37KNo change
ALLSTATE CORP (ALL 5.1 PERP H) PFD 1,666$36KAdd +10.5%
AT&T INC (T 4.75 PERP C) PFD 1,783$35KAdd +6.8%
CAPITAL ONE FINANCIAL CO (COF 4.8 PERP J) Common Stock 1,905$35KAdd +2.9%
BRIGHTHOUSE FINANCIAL IN (BHF 6.75 PERP B) Common Stock 1,536$34KAdd +50.6%
MORGAN STANLEY (MS 4.25 PERP O) Common Stock 1,832$34KAdd +5.3%
NORTHERN TRUST CORP (NTRS 4.7 PERP E) COM 1,653$33KAdd +6.0%
CMS ENERGY CORP (CMS 4.2 PERP C) Common Stock 1,770$33KAdd +10.6%
STATE STREET CORP (STT V5.35 PERP G) Common Stock 1,393$33KAdd +5.5%
BANK OF AMERICA CORP (BAC 5.375 PERP KK) PFD 1,434$33KAdd +4.1%
PUBLIC STORAGE (PSA 4 PERP P) Common Stock 1,913$32KAdd +5.0%
FIFTH THIRD BANCORP (FITB 4.95 PERP K) Common Stock 1,521$32KAdd +15.6%
CITIZENS FINANCIAL GROUP (CFG 5 PERP E) Common Stock 1,546$30KAdd +12.7%
BANK OF AMERICA CORP (BAC 4.375 PERP NN) PFD 1,389$27KAdd +6.6%
BERKLEY (WR) CORPORATION (WRB 5.1 12/30/59) Common Stock 1,308$27KAdd +10.2%
MORGAN STANLEY (MS 6.5 PERP P) Common Stock 1,027$26KAdd +0.6%
METLIFE INC (MET 5.625 PERP E) Common Stock 1,104$26KAdd +6.0%
TRUIST FINANCIAL CORP (TFC 5.25 PERP O) PFD 1,161$24KAdd +6.1%
US BANCORP (USB 3.75 PERP L) Common Stock 1,393$24KAdd +12.3%
US BANCORP (USB 4.5 PERP O) Common Stock 1,167$24KAdd +5.2%
AT&T INC (T 5 PERP A) COM 1,110$23KAdd +5.9%
JPMORGAN CHASE & CO (JPM 6 PERP EE) Common Stock 887$23KReduce -5.3%
RENAISSANCERE HOLDINGS L (RNR 5.75 PERP F) Common Stock 979$22KAdd +3.9%
US BANCORP (USB F PERP B*) COM 980$22KAdd +4.7%
JPMORGAN CHASE & CO (JPM 4.55 PERP JJ) COM 1,037$21KAdd +20.3%
REGIONS FINANCIAL CORP (RF V6.95 PERP) Common Stock 803$21KAdd +11.7%
WELLS FARGO & COMPANY (WFC 4.375 PERP CC) Common Stock 1,099$21KAdd +18.6%
US BANCORP (USB 5.5 PERP K) Common Stock 856$20KAdd +4.9%
BANK OF AMERICA CORP (BAC 5.875 PERP HH) Common Stock 809$20KReduce -1.1%
MORGAN STANLEY (MS 7.125 PERP E) PFD 793$20KReduce -6.2%
CITIZENS FINANCIAL GROUP (CFG 7.375 PERP H) Common Stock 746$19KAdd +6.3%
NEXTERA ENERGY CAPITAL (NEE 5.65 03/01/79 N) PFD 807$19KAdd +4.9%
MORGAN STANLEY (MS 5.85 PERP K) Bond 735$18KAdd +7.5%
MORGAN STANLEY (MS 6.875 PERP F) PFD 708$18KAdd +4.6%
KIMCO REALTY CORP (KIM 5.125 PERP L) PFD 859$18KAdd +4.8%
KEYCORP (KEY V6.2 PERP) Common Stock 725$18KAdd +4.5%
KEYCORP (KEY 5.65 PERP F) PFD 814$18KAdd +6.3%
EQUITABLE HOLDINGS INC (EQH 5.25 PERP A) Common Stock 857$18KAdd +5.5%
PUBLIC STORAGE (PSA 4.625 PERP L) COM 900$17KAdd +5.6%
PRUDENTIAL FINANCIAL INC (PRU 4.125 09/01/60) Common Stock 886$16KAdd +6.1%
JPMORGAN CHASE & CO (JPM 4.2 PERP MM) PFD 846$16KAdd +157.9%
PUBLIC STORAGE (PSA 4.875 PERP I) Common Stock 749$16KAdd +4.8%
BANK OF AMERICA CORP (BAC 4.125 PERP PP) Common Stock 829$15KAdd +122.3%
ARCH CAPITAL GROUP LTD (ACGL 5.45 PERP F) Common Stock 714$15KAdd +5.0%
COREBRIDGE FINANCIAL INC (CRBG 6.375 12/15/64) Common Stock 593$15KNew
VOYA FINANCIAL INC (VOYA V5.35 PERP B) Common Stock 619$14KAdd +5.1%
DTE ENERGY CO (DTE 5.25 12/01/77 E) Common Stock 591$13KAdd +4.6%
HARTFORD INSUR GRP INC/T (HIG 6 PERP G) Common Stock 519$13KAdd +5.1%
HUNTINGTON BANCSHARES (HBAN V6.875 PERP J) PFD 503$13KAdd +5.2%
PUBLIC STORAGE (PSA 5.15 PERP F) PREFERRED STOCK 563$12KAdd +5.0%
CULLEN/FROST BANKERS INC (CFR 4.45 PERP B) Common Stock 702$12KAdd +4.9%
WEBSTER FINANCIAL CORP (WBS 5.25 PERP F) Common Stock 626$12KAdd +3.1%
REGIONS FINANCIAL CORP (RF V5.7 PERP C) Common Stock 459$11KAdd +5.0%
ENTERGY MISSISSIPPI LLC (ETR 4.9 10/01/66) A-Share 493$11KNo change
CAPITAL ONE FINANCIAL CO (COF 5 PERP I) Preferred Stock 572$11KAdd +4.8%
CHARLES SCHWAB CORP (SCHW 5.95 PERP D) Common Stock 400$10KNo change
NEXTERA ENERGY INC (NEE 6.926 09/01/25) UNIT 09/01/2025 231$9KNew
CAPITAL ONE FINANCIAL CO (COF 4.25 PERP N) Common Stock 566$9KNo change
DTE ENERGY CO (DTE 4.375 10/15/80 G) Common Stock 494$9KAdd +4.9%
CMS ENERGY CORP (CMS 5.875 03/01/79) Common Stock 383$9KAdd +7.3%
MAKEMYTRIP LIMITED (MMYT 0 02/15/28) NOTE 2/1 · principal 3,000$9KNew
AMERICAN FINANCIAL GROUP (AFG 5.625 06/01/60) Common Stock 384$8KNo change
AFFILIATED MANAGERS GROU (AMG 5.875 03/30/59) Common Stock 371$8KAdd +5.4%
STIFEL FINANCIAL CORP (SF 6.125 PERP C) Common Stock 324$8KAdd +5.2%
PRUDENTIAL FINANCIAL INC (PRU 5.95 09/01/62) Common Stock 320$8KAdd +5.3%
SPIRE INC (SR 5.9 PERP A) Common Stock 309$8KAdd +5.1%
REGIONS FINANCIAL CORP (RF 4.45 PERP E) Common Stock 429$8KAdd +8.9%
WELLS FARGO & COMPANY (WFC 4.25 PERP DD) PFD 415$8KAdd +72.2%
GLOBE LIFE INC (GL 4.25 06/15/61) Common Stock 478$8KReduce -9.1%
MORGAN STANLEY (MS 4.875 PERP L) PFD 358$8KAdd +36.1%
AFFILIATED MANAGERS GROU (AMG 4.75 09/30/60) Common Stock 412$7KAdd +9.0%
DTE ENERGY CO (DTE 4.375 12/01/81) Common Stock 378$7KAdd +10.8%
STIFEL FINANCIAL CORP (SF 5.2 10/15/47) Common Stock 318$7KAdd +5.0%
AMERICAN FINANCIAL GROUP (AFG 4.5 09/15/60) Common Stock 341$6KAdd +14.1%
US BANCORP (USB 4 PERP M) PFD 327$6KAdd +3.8%
KIMCO REALTY CORP (KIM 5.25 PERP M) PFD 262$6KAdd +8.3%
AMERICAN FINANCIAL GROUP (AFG 5.875 03/30/59) Common Stock 234$5KAdd +10.9%
AXIS CAPITAL HLDGS LTD (AXS 5.5 PERP E) Pref 250$5KNo change
BERKLEY (WR) CORPORATION (WRB 4.125 03/30/61) Common Stock 290$5KAdd +3.2%
M&T BANK CORPORATION (MTB 7.5 PERP J) Common Stock 179$5KAdd +5.9%
ALLSTATE CORP (ALL 4.75 PERP I) Common Stock 200$4KNo change
REINSURANCE GRP OF AMER (RGA V7.125 10/15/52) Common Stock 139$4KAdd +4.5%
CYTOKINETICS INC (CYTK 3.5 07/01/27) NOTE 3.500% 7/0 · principal 3,000$4KNew
ALBEMARLE CORP (ALB 7.25 03/01/27) 7.25% DEP SHS A 81$3KReduce -18.2%
FIRST HORIZON CORP (FHN 4.7 PERP F) Common Stock 161$3KAdd +5.2%
WOLF Wolfspeed Inc. (wolf 1.75 05/01/26) NOTE 1.750% 5/0 · principal 3,000$3KNew

Total filed on the 13F, all lines: $149.6B.

Portfolio Sells Q3 2024 → Q4 2024
LLY Eli Lilly & Co. Reduce -0.1% 26.49% −2.56
USMV iShares MSCI USA Min Vol Fac Reduce -37.6% 0.37% −0.21
CSX CSX Corp. Reduce -45.7% 0.08% −0.07
CDW CDW Corp. Reduce -52.6% 0.04% −0.06
MRK Merck & Co. Inc. Reduce -1.5% 0.54% −0.06
ABBV Abbvie Inc. Reduce -4.5% 0.49% −0.05
JNJ Johnson & Johnson Reduce -2.1% 0.59% −0.05
UNH Unitedhealth Group Inc. Reduce -1.6% 0.41% −0.05
PEP Pepsico Inc. Reduce -2.4% 0.46% −0.04
NEE Nextera Energy Inc. Reduce -1.0% 0.31% −0.04
KO The Coca-Cola Co. Reduce -5.0% 0.24% −0.04
EFA iShares MSCI Eafe ETF Reduce -2.5% 0.45% −0.04
AMGN Amgen Inc. Reduce -2.1% 0.18% −0.04
XOM Exxon Mobil Corp. Reduce -0.6% 0.77% −0.04
CE Celanese Corp. Reduce -69.8% 0.01% −0.03
SLB SLB Ltd. Reduce -51.7% 0.03% −0.03
LMT Lockheed Martin Corp. Reduce -2.2% 0.14% −0.03
CTAS Cintas Corp. Reduce -7.4% 0.15% −0.02
CI The Cigna Group Reduce -12.2% 0.06% −0.02
INTC Intel Corp. Reduce -13.5% 0.06% −0.02
PFE Pfizer Inc. Reduce -6.3% 0.15% −0.02
UNP Union Pacific Corp. Reduce -4.4% 0.21% −0.02
MDLZ Mondelez International Inc. Class A Reduce -1.4% 0.09% −0.02
VZ Verizon Communications Inc. Reduce -2.4% 0.16% −0.02
IEF iShares 7-10 Year Treasury B Reduce -1.2% 0.60% −0.02
TMO Thermo Fisher Scientific Inc. Reduce -1.6% 0.09% −0.01
HSY The Hershey Co. Reduce -21.6% 0.04% −0.01
LRCX Lam Research Corp. Reduce -1.2% 0.15% −0.01
EFV iShares MSCI Eafe Value ETF Reduce -6.0% 0.12% −0.01
VEA Vanguard Ftse Developed ETF Reduce -0.0% 0.24% −0.01
CMCSA Comcast Corp. Class A Reduce -2.4% 0.15% −0.01
VWO Vanguard Ftse Emerging Marke Reduce -0.4% 0.30% −0.01
NKE Nike Inc. Class B Reduce -5.5% 0.07% −0.01
CVS CVS Health Corp. Reduce -19.4% 0.02% −0.01
NVO Novo-Nordisk A/S-Spons ADR Reduce -3.8% 0.03% −0.01
AMAT Applied Materials Inc. Reduce -1.1% 0.05% −0.01
AWK American Water Works Co. Inc. Reduce -5.3% 0.05% −0.01
QCOM Qualcomm Inc. Reduce -3.5% 0.10% −0.01
TXN Texas Instruments Inc. Reduce -0.6% 0.16% −0.01
EEM iShares MSCI Emerging Market Reduce -1.8% 0.14% −0.01
LQD Ishr Ibx Usd Invgd CB ETF-Ui Reduce -8.0% 0.09% −0.01
ELV Elevance Health Inc. Reduce -7.9% 0.02% −0.01
AMD Advanced Micro Devices Reduce -3.1% 0.03% −0.01
HD Home Depot Inc. Reduce -1.6% 0.82% −0.01
AMT American Tower Corp. Reduce -2.9% 0.03% −0.01
DHR Danaher Corp. Reduce -1.9% 0.05% −0.01
MCD McDonald's Corp. Reduce -1.2% 0.54% −0.01
TGT Target Corp. Reduce -4.7% 0.05% −0.01
BF.B Brown-Forman Corp. Class B Reduce -19.5% 0.01% −0.01
PGR Progressive Corp. Reduce -13.0% 0.05% −0.01

Portfolio Buys Q3 2024 → Q4 2024
IVV iShares Core S&P 500 ETF Add +2.3% 5.95% +0.51
NVDA Nvidia Corp. Add +31.4% 0.82% +0.28
V Visa Inc. Class A Add +0.2% 0.65% +0.11
QQQ Invesco QQQ Trust Series 1 Add +0.9% 1.07% +0.10
GOVT iShares US Treasury Bond ETF Add +8.7% 0.61% +0.06
TSLA Tesla Inc. Add +5.4% 0.13% +0.06
RJF Raymond James Financial Inc. Add +433.4% 0.06% +0.05
IVW iShares S&P 500 Growth ETF Add +2.8% 0.37% +0.05
AGG iShares Core U.S. Aggregate Add +7.9% 0.57% +0.04
COST Costco Wholesale Corp. Add +4.3% 0.36% +0.04
MS Morgan Stanley Add +0.1% 0.19% +0.04
META Meta Platforms Inc. Class A Add +0.6% 0.49% +0.04
IJH iShares Core S&P Midcap ETF Add +0.3% 0.69% +0.03
DGRW Wisdomtree U.S. Quality Divi Add +1.1% 1.03% +0.03
TDG Transdigm Group Inc. Add +126.1% 0.06% +0.03
IWP iShares Russell Mid-Cap Grow Add +1.1% 0.23% +0.03
SHW The Sherwin-Williams Co. Add +93.8% 0.06% +0.03
BLK BlackRock Inc. Add +0.1% 0.22% +0.03
IWD iShares Russell 1000 Value E Add +4.3% 0.42% +0.03
IVE iShares S&P 500 Value ETF Add +8.4% 0.27% +0.02
VB Vanguard Most SM-Cap ETF-Usd Add +1.6% 0.31% +0.02
VO Vngrd Mrngstr MD-Cap ETF-Usd Add +0.2% 0.42% +0.02
PNC PNC Financial Services Group Add +0.2% 0.19% +0.02
PULS Pgim Ultra Short Bond ETF Add +17.7% 0.09% +0.02
ACN Accenture PLC Class A Add +2.9% 0.23% +0.02
CRM Salesforce Inc. Add +6.0% 0.06% +0.01
PM Philip Morris International Add +2.8% 0.23% +0.01
AVDE Avantis International Equity Add +25005.1% 0.01% +0.01
RTX RTX Corp. Add +7.4% 0.18% +0.01
MAR Marriott International Class A Add +0.1% 0.08% +0.01
LIN Linde PLC Add +21.4% 0.12% +0.01
TJX TJX Companies Inc. Add +1.2% 0.14% +0.01
MCK McKesson Corp. Add +19.0% 0.04% +0.01
IBIT iShares Bitcoin Trust ETF Add +36.5% 0.02% +0.01
OEF iShares S&P 100 ETF Add +2.8% 0.10% +0.01
IJJ iShares S&P Mid-Cap 400 Valu Add +3.5% 0.12% +0.01
ACWI iShares MSCI Acwi ETF Add +7.3% 0.11% +0.01
VCIT Vanguard Int-Term Corporate Add +4.7% 0.20% +0.01
PLTR Palantir Technologies Inc. Class A Add +128.0% 0.01% +0.01
TBLL Invesco Short Term Treasury Add +7.5% 0.08% +0.01
CDNS Cadence Design SYS Inc. Add +0.8% 0.06% +0.01
IWO iShares Russell 2000 Growth Add +0.9% 0.13% +0.01
XLF SS Financial Select Sector Add +8.1% 0.05% +0.01
MBB iShares MBS ETF Add +4.3% 0.18% +0.01
IBM Intl Business Machines Corp. Add +0.5% 0.17% +0.01
SHY iShares 1-3 Year Treasury Bo Add +10.7% 0.06% +0.01
APH Amphenol Corp. Class A Add +2.9% 0.06% +0.01
AVEM Avantis Emerging Markets Eq Add +278.4% 0.01% +0.01
BITB Bitwise Bitcoin ETF Add +137.0% 0.01% +0.01
IJK iShares S&P Mid-Cap 400 Grow Add +2.9% 0.12% +0.01

Notes & Other Activity Q3 2024 → Q4 2024
GOLDMAN SACHS GROUP INC (GS F PERP D) Preferred Stock Reduce -0.3% 264,837 $6.1M
MORGAN STANLEY (MS F PERP +A) COM Reduce -1.0% 250,616 $6.0M
BANK OF AMERICA CORP (BAC F PERP +4) COM Reduce -1.1% 224,261 $5.1M
US BANCORP (USB V0 PERP A) PFD Reduce -2.3% 5,289 $4.5M
NUVASIVE INC (GMED 0.375 03/15/25) NOTE 0.375% 3/1 · principal New 11,000 $1.1M
UBER TECHNOLOGIES INC (UBER 0 12/15/25) NOTE 12/1 · principal New 10,000 $1.0M
CONN LT & PWR (ES 6.56 PERP 1968) Common Stock Sold out 16,040 $885Kbefore exit
METLIFE INC (MET F PERP A) Bond Reduce -0.1% 26,027 $651K
INSMED INC (INSM 0.75 06/01/28) NOTE 0.750% 6/0 · principal New 3,000 $650K
EXPEDIA GROUP INC (EXPE 0 02/15/26) NOTE 2/1 · principal New 6,000 $595K
BOOKING HOLDINGS INC (BKNG 0.75 05/01/25) NOTE 0.750% 5/0 · principal New 2,000 $528K
GOLDMAN SACHS GROUP INC (GS F PERP A) COM Reduce -13.5% 18,656 $421K
OXY.WS Occidental Petroleum-CW27 *W EXP 08/03/202 Reduce -0.5% 11,311 $312K
TRUIST FINANCIAL CORP (TFC F PERP I) Common Stock Reduce -12.3% 12,437 $279K
AXON ENTERPRISE INC (AXON 0.5 12/15/27) NOTE 0.500%12/1 · principal New 1,000 $261K
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A Add +35.5% 206 $246K
HUBSPOT INC (HUBS 0.375 06/01/25) NOTE 0.375% 6/0 · principal New 1,000 $246K
KEYCORP (KEY V6.125 PERP E) Common Stock Add +0.6% 9,122 $224K
NRG ENERGY INC (NRG 2.75 06/01/48) DBCV 2.750% 6/0 · principal New 1,000 $219K
BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) NOTE 2.500% 3/1 · principal New 2,000 $209K
ZTO EXPRESS KY INC (ZTO 1.5 09/01/27) NOTE 1.500% 9/0 · principal New 2,000 $198K
PDD HOLDINGS INC (PDD 0 12/01/25) NOTE 12/0 · principal New 2,000 $192K
ASPEN INSURANCE HLDG LTD (AHL V9.62352 PERP) G05384154 Sold out 5,569 $146Kbefore exit
WELLS FARGO & COMPANY (WFC 4.75 PERP Z) Common Stock Reduce -8.6% 5,811 $119K
BRIGHTHOUSE FINANCIAL IN (BHF 5.375 PERP C) PFD Reduce -31.0% 5,340 $100K
AT&T INC (T 5.35 11/01/66) Preferred Stock Reduce -29.2% 3,936 $96K
GOLDMAN SACHS GROUP INC (GS F PERP C) Preferred Stock Reduce -30.4% 3,075 $75K
JPMORGAN CHASE & CO (JPM 4.625 PERP LL) Common Stock Add +5.3% 3,087 $64K
FIFTH THIRD BANCORP (FITB V7.67122 PERP I) PFD Reduce -6.3% 2,402 $61K
WELLS FARGO & COMPANY (WFC 5.625 PERP Y) PREFERRED STOCK Add +27.8% 2,425 $59K
WELLS FARGO & COMPANY (WFC 4.7 PERP AA) Common Stock Add +4.5% 2,796 $56K
CHARLES SCHWAB CORP (SCHW 4.45 PERP J) PFD Add +6.0% 2,757 $54K
METLIFE INC (MET 4.75 PERP F) COM Add +10.3% 2,438 $50K
ARCH CAPITAL GROUP LTD (ACGL 4.55 PERP G) Common Stock Add +12.3% 2,754 $49K
JPMORGAN CHASE & CO (JPM 4.75 PERP GG) Common Stock Add +4.8% 2,290 $49K
TRUIST FINANCIAL CORP (TFC 4.75 PERP R) COM Add +11.2% 2,523 $49K
FULTON FINANCIAL CORP (FULT 5.125 PERP A) Common Stock Sold out 2,500 $48Kbefore exit
DUKE ENERGY CORP (DUK 5.75 PERP A) Common Stock Reduce -2.6% 1,883 $46K
BANK OF AMERICA CORP (BAC 5 PERP LL) PFD Add +2.9% 1,963 $42K
HUNTINGTON BANCSHARES (HBAN 4.5 PERP H) PFD Add +8.3% 2,391 $42K
M&T BANK CORPORATION (MTB V5.625 PERP H) Common Stock Add +10.9% 1,538 $37K
BANK OF AMERICA CORP (BAC 4.25 PERP QQ) Common Stock Add +13.1% 1,968 $37K
ALLSTATE CORP (ALL 5.1 PERP H) PFD Add +10.5% 1,666 $36K
AT&T INC (T 4.75 PERP C) PFD Add +6.8% 1,783 $35K
CONN LT & PWR (ES 3.24 PERP 68G) Common Stock Sold out 645 $35Kbefore exit
CAPITAL ONE FINANCIAL CO (COF 4.8 PERP J) Common Stock Add +2.9% 1,905 $35K
BRIGHTHOUSE FINANCIAL IN (BHF 6.75 PERP B) Common Stock Add +50.6% 1,536 $34K
MORGAN STANLEY (MS 4.25 PERP O) Common Stock Add +5.3% 1,832 $34K
NORTHERN TRUST CORP (NTRS 4.7 PERP E) COM Add +6.0% 1,653 $33K
CMS ENERGY CORP (CMS 4.2 PERP C) Common Stock Add +10.6% 1,770 $33K

Showing the first 50 of 131.

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 5,078$201.7BLLY, IVV, AAPL, MSFT, GOOGL
Q1 2026 5,027$173.2BLLY, IVV, AAPL, MSFT, SPY
Q4 2025 5,023$183.1BLLY, IVV, AAPL, MSFT, SPY
Q3 2025 4,955$164.8BLLY, IVV, AAPL, MSFT, SPY
Q2 2025 4,780$155.2BLLY, IVV, MSFT, AAPL, SPY
Q1 2025 4,759$191.0BLLY, IVV, AAPL, MSFT, SPY
Q4 2024 4,650$149.5BLLY, IVV, AAPL, MSFT, SPY
Q3 2024 4,648$156.6BLLY, IVV, AAPL, MSFT, ERIE
Q2 2024 4,639$150.2BLLY, IVV, MSFT, AAPL, SPY
Q1 2024 4,569$143.8BLLY, IVV, MSFT, AAPL, SPY