PNC Financial Services Group, Inc.

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 8, 2025), PNC Financial Services Group, Inc. reported 4,780 stock positions worth $155.2 billion. Its top holding was Eli Lilly (LLY) at 25.8% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 6.2%) and Microsoft (MSFT, 2.9%). Compared with Q1 2025, it opened 267 new positions, sold out of 245, added to 1,844 and reduced 2,021. The biggest buy was iShares Core S&P 500 ETF (IVV, shares +1%) and the biggest sale Eli Lilly (LLY, shares −49%).

Most Recent 13F
Q2 2026
Location
Pittsburgh, PA
CIK
0000713676
Portfolio Value
$155.2B (Q2 2025)
SEC Filing
0000950123-25-007308 ↗ filed Aug 8, 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 Q4 2024 Q1 2025: $191.0B Q1 2025 Q2 2025: $155.2B $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 4,780 stocks · $155.2B
LLY Eli Lilly & Co. 25.77% 51,293,980 $40.0B Reduce -49.4%
IVV iShares Core S&P 500 ETF 6.15% 15,375,370 $9.5B Add +0.7%
MSFT Microsoft Corp. 2.93% 9,139,154 $4.5B Reduce -0.3%
AAPL Apple Inc. 2.53% 19,111,492 $3.9B Reduce -0.5%
SPY SS SPDR S&P 500 ETF Trust-US 1.63% 4,088,119 $2.5B Reduce -1.4%
JPM JPMorgan Chase & Co. 1.26% 6,755,668 $2.0B Reduce -0.5%
ERIE Erie Indemnity Company Class A 1.10% 4,910,661 $1.7B Reduce 0.0%
QQQ Invesco QQQ Trust Series 1 1.09% 3,062,983 $1.7B Reduce -1.4%
DGRW Wisdomtree U.S. Quality Divi 1.07% 19,788,159 $1.7B Add +1.7%
NVDA Nvidia Corp. 1.03% 10,092,364 $1.6B Add +4.9%
GOOGL Alphabet Inc. Class A 0.96% 8,480,898 $1.5B Reduce -0.5%
AMZN Amazon.com Inc. 0.94% 6,632,605 $1.5B Add +0.6%
IQLT iShares MSCI International Q 0.88% 31,568,040 $1.4B Add +3.2%
IEFA iShares Core MSCI Eafe ETF 0.86% 16,039,614 $1.3B Add +4.4%
AVGO Broadcom Inc. 0.86% 4,818,752 $1.3B Add +0.2%
IWF iShares Russell 1000 Growth 0.85% 3,112,830 $1.3B Add +0.4%
QUAL iShares MSCI USA Quality Fac 0.83% 7,080,789 $1.3B Reduce -3.0%
PG The Procter & Gamble Co. 0.83% 8,061,800 $1.3B Reduce -1.1%
IWR iShares Russell Mid-Cap ETF 0.76% 12,897,853 $1.2B Reduce -2.0%
HD Home Depot Inc. 0.74% 3,127,479 $1.1B Reduce -0.5%
XOM Exxon Mobil Corp. 0.73% 10,518,446 $1.1B Reduce -1.1%
AVLV Avantis US Large Cap Value 0.71% 16,158,842 $1.1B Add +161.5%
VUG Vanguard Mrngstar GR ETF-Sui 0.66% 2,329,175 $1.0B Add +0.4%
V Visa Inc. Class A 0.65% 2,824,681 $1.0B Add +1.1%
META Meta Platforms Inc. Class A 0.64% 1,345,118 $992.8M Add +3.8%
IJH iShares Core S&P Midcap ETF 0.62% 15,612,577 $968.3M Reduce -1.1%
GOVT iShares US Treasury Bond ETF 0.61% 41,157,180 $945.8M Add +0.3%
JNJ Johnson & Johnson 0.59% 5,996,619 $916.0M Reduce -0.9%
AGG iShares Core U.S. Aggregate 0.58% 9,128,626 $905.6M Add +2.2%
VFC VF Corp. 0.57% 74,977,747 $881.0M Reduce -0.4%
IJR iShares Core S&P Small-Cap E 0.57% 8,024,639 $877.0M Reduce -0.9%
IEF iShares 7-10 Year Treasury B 0.53% 8,602,910 $823.9M Reduce -7.4%
IWB iShares Russell 1000 ETF 0.52% 2,385,776 $810.1M Reduce -1.4%
BRK.A Berkshire Hathaway Inc. Class A 0.51% 1,084 $790.0M Reduce -3.0%
MUB iShares National Muni Bond E 0.51% 7,528,127 $786.5M Add +5.2%
EFA iShares MSCI Eafe ETF 0.50% 8,689,604 $776.8M Add +0.3%
VTI VG Morningstar TS MKT ETF-US 0.50% 2,549,479 $774.9M Add +0.0%
IEMG iShares Core MSCI Emerging 0.50% 12,852,948 $771.6M Add +4.4%
ABBV Abbvie Inc. 0.49% 4,085,956 $758.4M Reduce -1.3%
MCD McDonald's Corp. 0.49% 2,592,768 $757.5M Reduce -1.2%
VTV Vanguard Mrngstr Val ETF-Aui 0.49% 4,265,950 $754.0M Add +0.9%
ORCL Oracle Corp. 0.45% 3,217,897 $703.5M Reduce -1.2%
IWD iShares Russell 1000 Value E 0.43% 3,412,793 $662.9M Add +1.7%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.42% 2,315,383 $647.9M Reduce -1.6%
IWM iShares Russell 2000 ETF 0.42% 2,995,588 $646.4M Reduce -1.9%
ABT Abbott Laboratories 0.40% 4,592,410 $624.6M Reduce -1.0%
IVW iShares S&P 500 Growth ETF 0.40% 5,568,243 $613.1M Add +1.4%
MRK Merck & Co. Inc. 0.39% 7,723,259 $611.4M Reduce -1.5%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.39% 2,123,462 $605.8M Add +0.7%
COST Costco Wholesale Corp. 0.37% 582,158 $576.3M Add +0.3%
QQQM Invesco Nasdaq 100 ETF 0.36% 2,427,022 $551.2M Reduce -3.5%
CVX Chevron Corp. 0.35% 3,756,368 $537.9M Reduce -2.5%
PEP Pepsico Inc. 0.35% 4,065,536 $536.8M Reduce -2.6%
BRK.B Berkshire Hathaway Inc. Class B 0.34% 1,086,482 $527.8M Add +0.3%
IDEV iShares Core MSCI Dev MKTS 0.34% 6,858,260 $521.5M Add +20.3%
VEU Vanguard Ftse All-World Ex-U 0.33% 7,656,203 $514.6M Add +1.0%
USMV iShares MSCI USA Min Vol Fac 0.33% 5,459,821 $512.5M Reduce -5.2%
VWO Vanguard Ftse Emerging Marke 0.33% 10,217,598 $505.4M Reduce -0.5%
GOOG Alphabet Inc. Class C 0.33% 2,843,415 $504.4M Add +1.5%
PM Philip Morris International 0.32% 2,766,248 $503.8M Reduce -1.4%
DVY iShares Select Dividend ETF 0.32% 3,750,902 $498.2M Reduce -1.3%
DGRO iShares Core Dividend Growth 0.32% 7,719,023 $493.6M Reduce -0.3%
MA Mastercard Inc. Class A 0.30% 835,797 $469.7M Reduce -0.5%
CSCO Cisco Systems Inc. 0.30% 6,726,881 $466.7M Reduce -1.7%
IVE iShares S&P 500 Value ETF 0.30% 2,362,479 $461.7M Add +4.7%
VEA Vanguard Ftse Developed ETF 0.30% 8,080,383 $460.7M Reduce -1.1%
KTB Kontoor Brands Inc. 0.29% 6,919,091 $456.5M Reduce -1.5%
VB Vanguard Most SM-Cap ETF-Usd 0.29% 1,917,060 $454.3M Add +1.3%
NEE Nextera Energy Inc. 0.28% 6,314,051 $438.3M Reduce -2.2%
SYK Stryker Corp. 0.27% 1,050,602 $415.6M Add +1.7%
KO The Coca-Cola Co. 0.27% 5,830,280 $412.5M Reduce -0.6%
MDY State Street SPDR S&P Midcap 0.26% 723,545 $409.9M Reduce -2.8%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.26% 8,626,046 $408.2M Add +2.3%
ADP Automatic Data Processing 0.26% 1,301,238 $401.3M Add +0.3%
WMT Walmart Inc. 0.25% 3,904,753 $381.8M Add +0.2%
RTX RTX Corp. 0.23% 2,419,625 $353.3M Reduce -0.8%
SPGI S&P Global Inc. 0.23% 669,511 $353.0M Reduce -0.6%
BLK BlackRock Inc. 0.22% 331,546 $347.9M Add +2.2%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.22% 1,167,890 $344.3M Reduce -1.1%
HON Honeywell International Inc. 0.22% 1,477,407 $344.1M Add +1.3%
IWP iShares Russell Mid-Cap Grow 0.22% 2,464,458 $341.8M Reduce -7.5%
AXP American Express Co. 0.22% 1,061,823 $338.7M Reduce -0.6%
DFIV Dimensional International Va 0.22% 7,834,447 $335.5M Add +7.4%
ETN Eaton Corp. PLC 0.21% 924,940 $330.2M Add +0.1%
VCIT Vanguard Int-Term Corporate 0.21% 3,899,335 $323.3M Add +1.9%
DLN Wisdomtree US Largecap Divid 0.21% 3,886,291 $319.2M Reduce -0.2%
MS Morgan Stanley 0.20% 2,253,747 $317.5M Add +0.1%
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.20% 1,098,715 $312.5M Reduce -3.0%
UNP Union Pacific Corp. 0.19% 1,307,663 $300.9M Reduce -3.2%
LRCX Lam Research Corp. 0.19% 3,074,962 $299.3M Add +0.7%
ACN Accenture PLC Class A 0.19% 969,532 $289.8M Add +1.6%
ITW Illinois Tool Works 0.18% 1,158,384 $286.4M Reduce -1.4%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.18% 2,287,808 $283.7M Add +0.7%
AMGN Amgen Inc. 0.18% 1,010,085 $282.0M Reduce -1.4%
MBB iShares MBS ETF 0.18% 2,916,723 $273.9M Reduce -0.8%
PNC PNC Financial Services Group 0.18% 1,468,234 $273.7M Reduce -2.3%
UNH Unitedhealth Group Inc. 0.18% 872,370 $272.2M Reduce -27.4%
TXN Texas Instruments Inc. 0.17% 1,273,286 $264.4M Reduce -1.2%
CTAS Cintas Corp. 0.17% 1,184,055 $263.9M Reduce -0.5%
CB Chubb Ltd. 0.17% 889,139 $257.6M Reduce -0.7%

Show all 4,780 holdings

Other holdings (128): bonds, preferreds, convertibles and warrants · $31.1M (not counted above)
SecurityClassShares / PrincipalValueChange
STATE STREET CORP (STT V5.35 PERP G) Common Stock 257,407$5.6MAdd +54.1%
GOLDMAN SACHS GROUP INC (GS F PERP D) Preferred Stock 265,561$5.5MReduce -0.6%
MORGAN STANLEY (MS F PERP +A) COM 245,631$5.2MReduce -1.3%
BANK OF AMERICA CORP (BAC F PERP +4) COM 222,001$4.8MReduce -0.7%
US BANCORP (USB V0 PERP A) PFD 4,396$3.6MReduce -15.4%
EXPEDIA GROUP INC (EXPE 0 02/15/26) NOTE 2/1 · principal 6,000$583KNo change
METLIFE INC (MET F PERP A) Bond 21,646$502KNo change
NRG ENERGY INC (NRG 2.75 06/01/48) DBCV 2.750% 6/0 · principal 1,000$394KNo change
AXON ENTERPRISE INC (AXON 0.5 12/15/27) NOTE 0.500%12/1 · principal 1,000$363KNo change
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 299$363KNo change
GOLDMAN SACHS GROUP INC (GS F PERP A) COM 16,269$344KReduce -5.5%
BANK OF AMERICA CORP (BAC F PERP +5) Equities 16,387$331KReduce -4.8%
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 246$289KNo change
BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) NOTE 2.500% 3/1 · principal 2,000$249KNo change
KEYCORP (KEY V6.125 PERP E) Common Stock 8,903$217KReduce -1.8%
TRUIST FINANCIAL CORP (TFC F PERP I) Common Stock 10,245$207KReduce -4.3%
ZTO EXPRESS KY INC (ZTO 1.5 09/01/27) NOTE 1.500% 9/0 · principal 2,000$199KNo change
PDD HOLDINGS INC (PDD 0 12/01/25) NOTE 12/0 · principal 2,000$195KNo change
WELLS FARGO & COMPANY (WFC 4.75 PERP Z) Common Stock 6,184$118KReduce -7.2%
GOLDMAN SACHS GROUP INC (GS F PERP C) Preferred Stock 4,075$87KAdd +32.5%
BRIGHTHOUSE FINANCIAL IN (BHF 5.375 PERP C) PFD 5,340$79KNo change
FIFTH THIRD BANCORP (FITB V7.67122 PERP I) PFD 2,617$66KReduce -4.1%
BANK OF AMERICA CORP (BAC 6 PERP GG) PFD 2,640$66KNo change
IONQ.WS Ionq Inc. -CW26 *W EXP 09/30/202 2,017$64KNo change
AT&T INC (T 5.35 11/01/66) Preferred Stock 2,405$53KReduce -30.4%
WELLS FARGO & COMPANY (WFC 5.625 PERP Y) PREFERRED STOCK 2,251$52KReduce -6.0%
JPMORGAN CHASE & CO (JPM 4.625 PERP LL) Common Stock 2,365$46KReduce -20.0%
OXY.WS Occidental Petroleum-CW27 *W EXP 08/03/202 2,216$46KReduce -80.4%
JPMORGAN CHASE & CO (JPM 6 PERP EE) Common Stock 1,635$41KReduce -10.8%
WELLS FARGO & COMPANY (WFC 4.7 PERP AA) Common Stock 2,120$40KReduce -20.4%
CHARLES SCHWAB CORP (SCHW 4.45 PERP J) PFD 1,940$37KReduce -24.7%
ARCH CAPITAL GROUP LTD (ACGL 4.55 PERP G) Common Stock 2,157$36KReduce -18.3%
BANK OF AMERICA CORP (BAC 6.45 12/15/66 K*) Common Stock 1,425$36KNo change
JPMORGAN CHASE & CO (JPM 4.75 PERP GG) Common Stock 1,784$36KReduce -18.2%
TRUIST FINANCIAL CORP (TFC 4.75 PERP R) COM 1,819$34KReduce -23.1%
METLIFE INC (MET 4.75 PERP F) COM 1,734$34KReduce -23.9%
BANK OF AMERICA CORP (BAC 5 PERP LL) PFD 1,547$31KReduce -17.6%
BRIGHTHOUSE FINANCIAL IN (BHF 6.75 PERP B) Common Stock 1,536$30KNo change
HUNTINGTON BANCSHARES (HBAN 4.5 PERP H) PFD 1,680$30KReduce -24.1%
M&T BANK CORPORATION (MTB V5.625 PERP H) Common Stock 1,101$28KReduce -25.0%
CAPITAL ONE FINANCIAL CO (COF 4.8 PERP J) Common Stock 1,522$27KReduce -17.2%
AT&T INC (T 4.75 PERP C) PFD 1,360$26KReduce -19.8%
BANK OF AMERICA CORP (BAC 4.25 PERP QQ) Common Stock 1,462$25KReduce -21.1%
MORGAN STANLEY (MS 6.5 PERP P) Common Stock 972$25KReduce -4.4%
ALLSTATE CORP (ALL 5.1 PERP H) PFD 1,196$25KReduce -24.4%
STRATEGY INC (MSTR 8 PERP) SERIES A PERP PF 200$24KNew
BANK OF AMERICA CORP (BAC 5.375 PERP KK) PFD 1,088$24KReduce -20.6%
NORTHERN TRUST CORP (NTRS 4.7 PERP E) COM 1,175$23KReduce -24.9%
DUKE ENERGY CORP (DUK 5.75 PERP A) Common Stock 939$23KReduce -24.2%
MORGAN STANLEY (MS 4.25 PERP O) Common Stock 1,296$22KReduce -25.3%
CMS ENERGY CORP (CMS 4.2 PERP C) Common Stock 1,273$22KReduce -24.4%
PUBLIC STORAGE (PSA 4 PERP P) Common Stock 1,345$21KReduce -24.9%
FIFTH THIRD BANCORP (FITB 4.95 PERP K) Common Stock 1,078$21KReduce -24.8%
CITIZENS FINANCIAL GROUP (CFG 5 PERP E) Common Stock 1,102$21KReduce -25.0%
SOUTHERN CO (SO 5.25 12/01/77) Common Stock 925$20KNew
BERKLEY (WR) CORPORATION (WRB 5.1 12/30/59) Common Stock 949$19KReduce -24.0%
METLIFE INC (MET 5.625 PERP E) Common Stock 783$18KReduce -25.0%
BANK OF AMERICA CORP (BAC 4.375 PERP NN) PFD 977$18KReduce -25.1%
TRUIST FINANCIAL CORP (TFC 5.25 PERP O) PFD 814$17KReduce -25.4%
PUBLIC STORAGE (PSA 4.625 PERP L) COM 883$16KReduce -23.6%
AT&T INC (T 5 PERP A) COM 787$16KReduce -25.0%
RENAISSANCERE HOLDINGS L (RNR 5.75 PERP F) Common Stock 729$15KReduce -21.9%
US BANCORP (USB 4.5 PERP O) Common Stock 822$15KReduce -25.8%
US BANCORP (USB 3.75 PERP L) Common Stock 969$15KReduce -25.9%
MORGAN STANLEY (MS 7.125 PERP E) PFD 565$14KReduce -23.8%
JPMORGAN CHASE & CO (JPM 4.55 PERP JJ) COM 745$14KReduce -24.9%
REGIONS FINANCIAL CORP (RF V6.95 PERP) Common Stock 568$14KReduce -25.0%
WELLS FARGO & COMPANY (WFC 4.375 PERP CC) Common Stock 798$14KReduce -24.0%
BANK OF AMERICA CORP (BAC 5.875 PERP HH) Common Stock 571$14KReduce -25.0%
US BANCORP (USB F PERP B*) COM 691$14KReduce -25.3%
CITIZENS FINANCIAL GROUP (CFG 7.375 PERP H) Common Stock 521$14KReduce -26.0%
US BANCORP (USB 5.5 PERP K) Common Stock 603$13KReduce -25.4%
BANK OF NY MELLON CORP (BNY V6.15 PERP K) Common Stock 517$13KAdd +48.6%
JPMORGAN CHASE & CO (JPM 4.2 PERP MM) PFD 729$13KReduce -24.8%
NEXTERA ENERGY CAPITAL (NEE 5.65 03/01/79 N) PFD 571$13KReduce -25.1%
MORGAN STANLEY (MS 6.875 PERP F) PFD 491$12KReduce -26.6%
KEYCORP (KEY V6.2 PERP) Common Stock 508$12KReduce -25.5%
KEYCORP (KEY 5.65 PERP F) PFD 579$12KReduce -25.5%
EQUITABLE HOLDINGS INC (EQH 5.25 PERP A) Common Stock 599$12KReduce -26.5%
MORGAN STANLEY (MS 5.85 PERP K) Bond 512$12KReduce -26.6%
KIMCO REALTY CORP (KIM 5.125 PERP L) PFD 606$12KReduce -25.3%
PRUDENTIAL FINANCIAL INC (PRU 4.125 09/01/60) Common Stock 618$11KReduce -26.6%
BANK OF AMERICA CORP (BAC 4.125 PERP PP) Common Stock 613$10KReduce -24.6%
COREBRIDGE FINANCIAL INC (CRBG 6.375 12/15/64) Common Stock 447$10KReduce -24.1%
PUBLIC STORAGE (PSA 4.875 PERP I) Common Stock 531$10KReduce -25.8%
VOYA FINANCIAL INC (VOYA V5.35 PERP B) Common Stock 416$10KReduce -28.5%
ARCH CAPITAL GROUP LTD (ACGL 5.45 PERP F) Common Stock 482$10KReduce -28.3%
CHARLES SCHWAB CORP (SCHW 5.95 PERP D) Common Stock 400$10KNo change
CAPITAL ONE FINANCIAL CO (COF 4.25 PERP N) Common Stock 566$9KNo change
NEXTERA ENERGY INC (NEE 6.926 09/01/25) UNIT 09/01/2025 231$9KNo change
HARTFORD INSUR GRP INC/T (HIG 6 PERP G) Common Stock 346$9KReduce -29.2%
WELLS FARGO & COMPANY (WFC 4.25 PERP DD) PFD 492$8KReduce -22.5%
HUNTINGTON BANCSHARES (HBAN V6.875 PERP J) PFD 339$8KReduce -28.3%
DTE ENERGY CO (DTE 5.25 12/01/77 E) Common Stock 393$8KReduce -29.3%
CULLEN/FROST BANKERS INC (CFR 4.45 PERP B) Common Stock 466$8KReduce -29.4%
WEBSTER FINANCIAL CORP (WBS 5.25 PERP F) Common Stock 421$8KReduce -28.4%
AMERICAN FINANCIAL GROUP (AFG 5.625 06/01/60) Common Stock 384$8KNo change
MAKEMYTRIP LIMITED (MMYT 0 02/15/28) NOTE 2/1 · principal 3,000$8KNo change
PUBLIC STORAGE (PSA 5.15 PERP F) PREFERRED STOCK 374$8KReduce -29.4%
REGIONS FINANCIAL CORP (RF V5.7 PERP C) Common Stock 306$7KReduce -29.2%
CAPITAL ONE FINANCIAL CO (COF 5 PERP I) Preferred Stock 379$7KReduce -29.6%
NEXTERA ENERGY CAPITAL (NEE 6.5 06/01/85 U) Common Stock 278$7KNew
UMB FINANCIAL CORP (UMBF V7.75 PERP) Common Stock 260$7KNew
CMS ENERGY CORP (CMS 5.875 03/01/79) Common Stock 257$6KReduce -29.6%
MORGAN STANLEY (MS 4.875 PERP L) PFD 288$6KReduce -29.4%
GLOBE LIFE INC (GL 4.25 06/15/61) Common Stock 353$6KReduce -21.2%
DTE ENERGY CO (DTE 4.375 10/15/80 G) Common Stock 327$6KReduce -29.7%
AMERICAN FINANCIAL GROUP (AFG 4.5 09/15/60) Common Stock 320$5KReduce -27.3%
PRUDENTIAL FINANCIAL INC (PRU 5.95 09/01/62) Common Stock 214$5KReduce -28.9%
REGIONS FINANCIAL CORP (RF 4.45 PERP E) Common Stock 304$5KReduce -27.3%
AFFILIATED MANAGERS GROU (AMG 5.875 03/30/59) Common Stock 251$5KReduce -28.1%
AXIS CAPITAL HLDGS LTD (AXS 5.5 PERP E) Pref 250$5KNo change
STIFEL FINANCIAL CORP (SF 6.125 PERP C) Common Stock 215$5KReduce -29.5%
SPIRE INC (SR 5.9 PERP A) Common Stock 205$5KReduce -29.3%
STIFEL FINANCIAL CORP (SF 5.2 10/15/47) Common Stock 213$5KReduce -28.8%
AFFILIATED MANAGERS GROU (AMG 4.75 09/30/60) Common Stock 271$5KReduce -31.2%
DTE ENERGY CO (DTE 4.375 12/01/81) Common Stock 251$4KReduce -29.9%
MORGAN STANLEY (MS 6.625 PERP Q) Common Stock 151$4KNew
ALLSTATE CORP (ALL 4.75 PERP I) Common Stock 200$4KNo change
US BANCORP (USB 4 PERP M) PFD 233$4KReduce -23.9%
BERKLEY (WR) CORPORATION (WRB 4.125 03/30/61) Common Stock 232$4KReduce -24.4%
KIMCO REALTY CORP (KIM 5.25 PERP M) PFD 174$3KReduce -29.3%
AMERICAN FINANCIAL GROUP (AFG 5.875 03/30/59) Common Stock 156$3KReduce -30.7%
M&T BANK CORPORATION (MTB 7.5 PERP J) Common Stock 120$3KReduce -27.7%
REINSURANCE GRP OF AMER (RGA V7.125 10/15/52) Common Stock 95$2KReduce -26.9%
FIRST HORIZON CORP (FHN 4.7 PERP F) Common Stock 110$2KReduce -27.1%
GENVR Gen Digital Inc. - CVR RIGHT 99/99/9999 12$96New
VAL.WS Valaris Ltd. -CW28 *W EXP 04/29/202 1$4No change
Lines left out (2) · $16 — a value with no share or principal amount
SecurityClassSharesValue
SCHZ Schwab US Aggregate Bond ETF US AGGREGATE B0$11
FTGC First Trust Global Tactical FST TR GLB FD0$5

Filed with a value but no share or principal amount (a cash line, a holding rounded to 0 shares), so they are kept out of the holdings, totals and percentages.

Total filed on the 13F, all lines: $155.2B.

Portfolio Sells Q1 2025 → Q2 2025
LLY Eli Lilly & Co. Reduce -49.4% 25.77% −18.05
UNH Unitedhealth Group Inc. Reduce -27.4% 0.18% −0.15
VFC VF Corp. Reduce -0.4% 0.57% −0.04
DFS Discover Financial Services Sold out 0.00% −0.02
SCZ iShares MSCI Eafe Small-Cap Reduce -57.5% 0.03% −0.02
BMY Bristol-Myers Squibb Co. Reduce -5.6% 0.12% −0.02
IPG Interpublic Group of Cos Inc. Reduce -73.0% 0.01% −0.01
PCAR Paccar Inc. Reduce -65.6% 0.01% −0.01
SCHC Schwab Intl Small-Cap Equity Reduce -41.0% 0.04% −0.01
SLB SLB Ltd. Reduce -23.6% 0.02% −0.01
TMO Thermo Fisher Scientific Inc. Reduce -6.5% 0.07% −0.00
BDX Becton Dickinson and Co. Reduce -4.0% 0.02% −0.00
ES Eversource Energy Reduce -33.6% 0.01% −0.00
HES Hess Corp. Reduce -31.7% 0.00% −0.00
GT Goodyear Tire & Rubber Co. Reduce -94.2% 0.00% −0.00
LRGF iShares US Equity Factor ETF Reduce -96.6% 0.00% −0.00
NULV Nuveen ESG Large-Cap Val ETF Reduce -99.3% 0.00% −0.00
BIL SS SPDR BB 1-3M T-Bill ETF Reduce -90.6% 0.00% −0.00
XLE SS Energy Select Sector Reduce -12.8% 0.04% −0.00
ICLR Icon PLC Reduce -78.9% 0.00% −0.00
AVDV Avantis Intl S/C Value ETF Reduce -79.6% 0.00% −0.00
XMVFX BlackRock Munivest Fund Reduce -75.2% 0.00% −0.00
FISV Fiserv Inc. Reduce -0.9% 0.02% −0.00
BSMP Invesco Bulletshares 2025 MB Reduce -56.8% 0.00% −0.00
FTV Fortive Corp. Reduce -1.9% 0.00% −0.00
GMAB Genmab A/S -SP ADR Reduce -81.5% 0.00% −0.00
SASR Sandy Spring Bancorp Inc. Sold out 0.00% −0.00
TPL Texas Pacific Land Corp. Reduce -0.5% 0.03% −0.00
X United States Steel Corp. Reduce -99.2% 0.00% −0.00
VGSH Vanguard Short-Term Treasury Reduce -95.1% 0.00% −0.00
BERY Berry Global Group Inc. Sold out 0.00% −0.00
CLX Clorox Company Reduce -8.0% 0.01% −0.00
PAVE Global X US Infrastructure Reduce -57.5% 0.00% −0.00
DOC Healthpeak Properties Inc. Reduce -33.5% 0.00% −0.00
IGRO iShares Intl Div Growth ETF Reduce -72.8% 0.00% −0.00
NRK Nuveen NY Amt-FR Muni Inc. Reduce -43.9% 0.00% −0.00
SJNK SS SPDR BB St Hi Yield ETF Reduce -97.8% 0.00% −0.00
VIGI Vanguard Int Div App Indx FD Reduce -69.8% 0.00% −0.00
APD Air Products & Chemicals Inc. Reduce -15.6% 0.08% −0.00
DMF BNYM Municipal Income Sold out 0.00% −0.00
MHN BlackRock Muniholding NY QLT Sold out 0.00% −0.00
EIM Eaton Vance Municipal Bond Reduce -51.5% 0.00% −0.00
KVYO Klaviyo Inc. Class A Reduce -43.3% 0.00% −0.00
OXY Occidental Petroleum Corp. Reduce -13.6% 0.00% −0.00
OGN Organon & Co. Reduce -11.2% 0.00% −0.00
XBI SS SPDR S&P Biotech ETF Reduce -34.1% 0.00% −0.00
MLAC Mountain Lake Acquisition-A Sold out 0.00% −0.00
VLOS Velos Acquisition I Corp. Sold out 0.00% −0.00
MHD BlackRock Muniholdings Fund Reduce -34.3% 0.00% −0.00
KMX Carmax Inc. Reduce -20.2% 0.00% −0.00

Portfolio Buys Q1 2025 → Q2 2025
IVV iShares Core S&P 500 ETF Add +0.7% 6.15% +1.66
AVLV Avantis US Large Cap Value Add +161.5% 0.71% +0.50
NVDA Nvidia Corp. Add +4.9% 1.03% +0.48
AVGO Broadcom Inc. Add +0.2% 0.86% +0.43
AMZN Amazon.com Inc. Add +0.6% 0.94% +0.28
IWF iShares Russell 1000 Growth Add +0.4% 0.85% +0.27
IEFA iShares Core MSCI Eafe ETF Add +4.4% 0.86% +0.25
DGRW Wisdomtree U.S. Quality Divi Add +1.7% 1.07% +0.25
META Meta Platforms Inc. Class A Add +3.8% 0.64% +0.25
IQLT iShares MSCI International Q Add +3.2% 0.88% +0.24
VUG Vanguard Mrngstar GR ETF-Sui Add +0.4% 0.66% +0.21
IEMG iShares Core MSCI Emerging Add +4.4% 0.50% +0.15
V Visa Inc. Class A Add +1.1% 0.65% +0.13
VTI VG Morningstar TS MKT ETF-US Add +0.0% 0.50% +0.13
IDEV iShares Core MSCI Dev MKTS Add +20.3% 0.34% +0.13
EFA iShares MSCI Eafe ETF Add +0.3% 0.50% +0.13
IVW iShares S&P 500 Growth ETF Add +1.4% 0.40% +0.13
AGG iShares Core U.S. Aggregate Add +2.2% 0.58% +0.12
GOVT iShares US Treasury Bond ETF Add +0.3% 0.61% +0.12
MUB iShares National Muni Bond E Add +5.2% 0.51% +0.11
VV Vngrd Mrgstr LRG-Cap ETF-Usd Add +0.7% 0.39% +0.11
VTV Vanguard Mrngstr Val ETF-Aui Add +0.9% 0.49% +0.10
IWD iShares Russell 1000 Value E Add +1.7% 0.43% +0.10
GOOG Alphabet Inc. Class C Add +1.5% 0.33% +0.10
VEU Vanguard Ftse All-World Ex-U Add +1.0% 0.33% +0.09
COST Costco Wholesale Corp. Add +0.3% 0.37% +0.08
ETN Eaton Corp. PLC Add +0.1% 0.21% +0.08
BAC Bank of America Corp. Add +2.3% 0.26% +0.08
LRCX Lam Research Corp. Add +0.7% 0.19% +0.08
VB Vanguard Most SM-Cap ETF-Usd Add +1.3% 0.29% +0.07
IVE iShares S&P 500 Value ETF Add +4.7% 0.30% +0.07
GE General Electric Add +15.2% 0.16% +0.07
PWR Quanta Services Inc. Add +0.9% 0.15% +0.07
MS Morgan Stanley Add +0.1% 0.20% +0.07
WMT Walmart Inc. Add +0.2% 0.25% +0.07
SYK Stryker Corp. Add +1.7% 0.27% +0.07
DFIV Dimensional International Va Add +7.4% 0.22% +0.07
AVEM Avantis Emerging Markets Eq Add +307.9% 0.08% +0.07
DIS The Walt Disney Co. Add +0.7% 0.18% +0.07
BLK BlackRock Inc. Add +2.2% 0.22% +0.06
TSM Taiwan Semiconductor-SP ADR Add +1.4% 0.15% +0.06
HON Honeywell International Inc. Add +1.3% 0.22% +0.06
NFLX Netflix Inc. Add +2.5% 0.13% +0.06
MCK McKesson Corp. Add +83.8% 0.09% +0.05
ADP Automatic Data Processing Add +0.3% 0.26% +0.05
TSLA Tesla Inc. Add +11.3% 0.12% +0.05
NOW ServiceNow Inc. Add +1.9% 0.12% +0.05
VGT Vanguard Info Tech ETF Add +0.8% 0.14% +0.05
XLK SS Technology Select Sector Add +0.0% 0.14% +0.05
VCIT Vanguard Int-Term Corporate Add +1.9% 0.21% +0.04

Notes & Other Activity Q1 2025 → Q2 2025
STATE STREET CORP (STT V5.35 PERP G) Common Stock Add +54.1% 257,407 $5.6M
GOLDMAN SACHS GROUP INC (GS F PERP D) Preferred Stock Reduce -0.6% 265,561 $5.5M
MORGAN STANLEY (MS F PERP +A) COM Reduce -1.3% 245,631 $5.2M
BANK OF AMERICA CORP (BAC F PERP +4) COM Reduce -0.7% 222,001 $4.8M
US BANCORP (USB V0 PERP A) PFD Reduce -15.4% 4,396 $3.6M
BOOKING HOLDINGS INC (BKNG 0.75 05/01/25) NOTE 0.750% 5/0 · principal Sold out 2,000 $492Kbefore exit
GOLDMAN SACHS GROUP INC (GS F PERP A) COM Reduce -5.5% 16,269 $344K
BANK OF AMERICA CORP (BAC F PERP +5) Equities Reduce -4.8% 16,387 $331K
AKAMAI TECHNOLOGIES INC (AKAM 0.125 05/01/25) NOTE 0.125% 5/0 · principal Sold out 3,000 $299Kbefore exit
KEYCORP (KEY V6.125 PERP E) Common Stock Reduce -1.8% 8,903 $217K
TRUIST FINANCIAL CORP (TFC F PERP I) Common Stock Reduce -4.3% 10,245 $207K
WELLS FARGO & COMPANY (WFC 4.75 PERP Z) Common Stock Reduce -7.2% 6,184 $118K
GOLDMAN SACHS GROUP INC (GS F PERP C) Preferred Stock Add +32.5% 4,075 $87K
FIFTH THIRD BANCORP (FITB V7.67122 PERP I) PFD Reduce -4.1% 2,617 $66K
AT&T INC (T 5.35 11/01/66) Preferred Stock Reduce -30.4% 2,405 $53K
WELLS FARGO & COMPANY (WFC 5.625 PERP Y) PREFERRED STOCK Reduce -6.0% 2,251 $52K
JPMORGAN CHASE & CO (JPM 4.625 PERP LL) Common Stock Reduce -20.0% 2,365 $46K
OXY.WS Occidental Petroleum-CW27 *W EXP 08/03/202 Reduce -80.4% 2,216 $46K
JPMORGAN CHASE & CO (JPM 6 PERP EE) Common Stock Reduce -10.8% 1,635 $41K
WELLS FARGO & COMPANY (WFC 4.7 PERP AA) Common Stock Reduce -20.4% 2,120 $40K
CHARLES SCHWAB CORP (SCHW 4.45 PERP J) PFD Reduce -24.7% 1,940 $37K
ARCH CAPITAL GROUP LTD (ACGL 4.55 PERP G) Common Stock Reduce -18.3% 2,157 $36K
JPMORGAN CHASE & CO (JPM 4.75 PERP GG) Common Stock Reduce -18.2% 1,784 $36K
TRUIST FINANCIAL CORP (TFC 4.75 PERP R) COM Reduce -23.1% 1,819 $34K
METLIFE INC (MET 4.75 PERP F) COM Reduce -23.9% 1,734 $34K
BANK OF AMERICA CORP (BAC 5 PERP LL) PFD Reduce -17.6% 1,547 $31K
HUNTINGTON BANCSHARES (HBAN 4.5 PERP H) PFD Reduce -24.1% 1,680 $30K
M&T BANK CORPORATION (MTB V5.625 PERP H) Common Stock Reduce -25.0% 1,101 $28K
CAPITAL ONE FINANCIAL CO (COF 4.8 PERP J) Common Stock Reduce -17.2% 1,522 $27K
AT&T INC (T 4.75 PERP C) PFD Reduce -19.8% 1,360 $26K
BANK OF AMERICA CORP (BAC 4.25 PERP QQ) Common Stock Reduce -21.1% 1,462 $25K
MORGAN STANLEY (MS 6.5 PERP P) Common Stock Reduce -4.4% 972 $25K
ALLSTATE CORP (ALL 5.1 PERP H) PFD Reduce -24.4% 1,196 $25K
STRATEGY INC (MSTR 8 PERP) SERIES A PERP PF New 200 $24K
BANK OF AMERICA CORP (BAC 5.375 PERP KK) PFD Reduce -20.6% 1,088 $24K
NORTHERN TRUST CORP (NTRS 4.7 PERP E) COM Reduce -24.9% 1,175 $23K
DUKE ENERGY CORP (DUK 5.75 PERP A) Common Stock Reduce -24.2% 939 $23K
MORGAN STANLEY (MS 4.25 PERP O) Common Stock Reduce -25.3% 1,296 $22K
CMS ENERGY CORP (CMS 4.2 PERP C) Common Stock Reduce -24.4% 1,273 $22K
PUBLIC STORAGE (PSA 4 PERP P) Common Stock Reduce -24.9% 1,345 $21K
FIFTH THIRD BANCORP (FITB 4.95 PERP K) Common Stock Reduce -24.8% 1,078 $21K
CITIZENS FINANCIAL GROUP (CFG 5 PERP E) Common Stock Reduce -25.0% 1,102 $21K
SOUTHERN CO (SO 5.25 12/01/77) Common Stock New 925 $20K
BERKLEY (WR) CORPORATION (WRB 5.1 12/30/59) Common Stock Reduce -24.0% 949 $19K
METLIFE INC (MET 5.625 PERP E) Common Stock Reduce -25.0% 783 $18K
BANK OF AMERICA CORP (BAC 4.375 PERP NN) PFD Reduce -25.1% 977 $18K
TRUIST FINANCIAL CORP (TFC 5.25 PERP O) PFD Reduce -25.4% 814 $17K
PUBLIC STORAGE (PSA 4.625 PERP L) COM Reduce -23.6% 883 $16K
AT&T INC (T 5 PERP A) COM Reduce -25.0% 787 $16K
RENAISSANCERE HOLDINGS L (RNR 5.75 PERP F) Common Stock Reduce -21.9% 729 $15K

Showing the first 50 of 113.

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