PNC Financial Services Group, Inc.

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 7, 2025), PNC Financial Services Group, Inc. reported 4,955 stock positions worth $164.8 billion. Its top holding was Eli Lilly (LLY) at 23.8% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 6.3%) and Apple (AAPL, 3.0%). Compared with Q2 2025, it opened 368 new positions, sold out of 196, added to 2,170 and reduced 1,674. The biggest buy was Apple (AAPL, shares +1%) and the biggest sale iShares MSCI International Q (IQLT, shares −29%).

Most Recent 13F
Q2 2026
Location
Pittsburgh, PA
CIK
0000713676
Portfolio Value
$164.8B (Q3 2025)
SEC Filing
0001193125-25-270956 ↗ filed Nov 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 Q4 2024 Q1 2025: $191.0B Q1 2025 Q2 2025: $155.2B Q2 2025 Q3 2025: $164.8B $164.8B Q3 2025 Q4 2025: $183.1B Q4 2025 Q1 2026: $173.2B Q1 2026 Q2 2026: $201.7B Q2 2026

Holdings 4,955 stocks · $164.8B

LLY Eli Lilly & Co. 23.77% 51,364,189 $39.2B Add +0.1%
IVV iShares Core S&P 500 ETF 6.27% 15,453,057 $10.3B Add +0.5%
AAPL Apple Inc. 2.97% 19,233,102 $4.9B Add +0.6%
MSFT Microsoft Corp. 2.91% 9,261,382 $4.8B Add +1.3%
SPY SS SPDR S&P 500 ETF Trust-US 1.64% 4,049,400 $2.7B Reduce -0.9%
GOOGL Alphabet Inc. Class A 1.32% 8,921,814 $2.2B Add +5.2%
JPM JPMorgan Chase & Co. 1.31% 6,849,208 $2.2B Add +1.4%
NVDA Nvidia Corp. 1.21% 10,655,959 $2.0B Add +5.6%
QQQ Invesco QQQ Trust Series 1 1.12% 3,071,021 $1.8B Add +0.3%
AVGO Broadcom Inc. 0.96% 4,794,070 $1.6B Reduce -0.5%
ERIE Erie Indemnity Company Class A 0.95% 4,910,562 $1.6B Reduce 0.0%
AMZN Amazon.com Inc. 0.89% 6,678,437 $1.5B Add +0.7%
IWF iShares Russell 1000 Growth 0.88% 3,110,490 $1.5B Reduce -0.1%
IEFA iShares Core MSCI Eafe ETF 0.87% 16,362,800 $1.4B Add +2.0%
DGRW Wisdomtree U.S. Quality Divi 0.85% 15,755,575 $1.4B Reduce -20.4%
QUAL iShares MSCI USA Quality Fac 0.80% 6,755,853 $1.3B Reduce -4.6%
HD Home Depot Inc. 0.79% 3,215,979 $1.3B Add +2.8%
PG The Procter & Gamble Co. 0.75% 8,086,388 $1.2B Add +0.3%
IWR iShares Russell Mid-Cap ETF 0.75% 12,747,480 $1.2B Reduce -1.2%
XOM Exxon Mobil Corp. 0.73% 10,681,632 $1.2B Add +1.6%
JNJ Johnson & Johnson 0.69% 6,135,187 $1.1B Add +2.3%
VUG Vanguard Mrngstar GR ETF-Sui 0.68% 2,328,423 $1.1B Reduce -0.0%
GOVT iShares US Treasury Bond ETF 0.68% 48,268,533 $1.1B Add +17.3%
VFC VF Corp. 0.65% 74,668,046 $1.1B Reduce -0.4%
IJH iShares Core S&P Midcap ETF 0.62% 15,630,513 $1.0B Add +0.1%
AVLV Avantis US Large Cap Value 0.62% 14,070,399 $1.0B Reduce -12.9%
META Meta Platforms Inc. Class A 0.60% 1,358,036 $997.3M Add +1.0%
ABBV Abbvie Inc. 0.60% 4,295,432 $994.6M Add +5.1%
IQLT iShares MSCI International Q 0.60% 22,375,935 $988.8M Reduce -29.1%
V Visa Inc. Class A 0.60% 2,884,879 $984.8M Add +2.1%
AGG iShares Core U.S. Aggregate 0.57% 9,425,011 $944.9M Add +3.3%
IJR iShares Core S&P Small-Cap E 0.57% 7,878,292 $936.2M Reduce -1.8%
ORCL Oracle Corp. 0.53% 3,134,815 $881.6M Reduce -2.6%
IEMG iShares Core MSCI Emerging 0.53% 13,289,934 $876.1M Add +3.4%
IWB iShares Russell 1000 ETF 0.52% 2,358,504 $862.0M Reduce -1.1%
IDEV iShares Core MSCI Dev MKTS 0.50% 10,210,842 $818.6M Add +48.9%
MCD McDonald's Corp. 0.49% 2,682,093 $815.1M Add +3.5%
IEF iShares 7-10 Year Treasury B 0.49% 8,414,922 $811.7M Reduce -2.2%
VTI VG Morningstar TS MKT ETF-US 0.49% 2,459,008 $807.0M Reduce -3.5%
VTV Vanguard Mrngstr Val ETF-Aui 0.49% 4,305,594 $803.0M Add +0.9%
EFA iShares MSCI Eafe ETF 0.48% 8,497,206 $793.4M Reduce -2.2%
BRK.A Berkshire Hathaway Inc. Class A 0.48% 1,045 $788.1M Reduce -3.6%
MUB iShares National Muni Bond E 0.47% 7,257,669 $772.9M Reduce -3.6%
IWM iShares Russell 2000 ETF 0.44% 2,990,928 $723.7M Reduce -0.2%
GOOG Alphabet Inc. Class C 0.42% 2,858,442 $696.2M Add +0.5%
IWD iShares Russell 1000 Value E 0.42% 3,391,670 $690.5M Reduce -0.6%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.41% 2,319,449 $681.3M Add +0.2%
IVW iShares S&P 500 Growth ETF 0.41% 5,550,827 $670.1M Reduce -0.3%
MRK Merck & Co. Inc. 0.40% 7,867,962 $660.4M Add +1.9%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 0.39% 2,106,154 $648.4M Reduce -0.8%
DFIV Dimensional International Va 0.39% 13,843,342 $638.5M Add +76.7%
CVX Chevron Corp. 0.38% 4,020,869 $624.4M Add +7.0%
ABT Abbott Laboratories 0.37% 4,580,444 $613.5M Reduce -0.3%
PEP Pepsico Inc. 0.37% 4,291,389 $602.7M Add +5.6%
AIQ Global X Art Intel & Tech 0.36% 11,984,678 $591.9M Add +24901.9%
QQQM Invesco Nasdaq 100 ETF 0.35% 2,348,060 $580.3M Reduce -3.3%
VWO Vanguard Ftse Emerging Marke 0.34% 10,284,361 $557.2M Add +0.7%
BRK.B Berkshire Hathaway Inc. Class B 0.33% 1,093,677 $549.8M Add +0.7%
VEU Vanguard Ftse All-World Ex-U 0.33% 7,684,416 $548.4M Add +0.4%
KTB Kontoor Brands Inc. 0.33% 6,835,074 $545.2M Reduce -1.2%
COST Costco Wholesale Corp. 0.33% 581,610 $538.4M Reduce -0.1%
DVY iShares Select Dividend ETF 0.32% 3,670,670 $521.6M Reduce -2.1%
DGRO iShares Core Dividend Growth 0.31% 7,598,311 $517.3M Reduce -1.6%
VEA Vanguard Ftse Developed ETF 0.30% 8,270,387 $495.6M Add +2.4%
NEE Nextera Energy Inc. 0.30% 6,562,885 $495.4M Add +3.9%
VB Vanguard Most SM-Cap ETF-Usd 0.30% 1,941,451 $493.7M Add +1.3%
RTX RTX Corp. 0.30% 2,941,792 $492.2M Add +21.6%
IVE iShares S&P 500 Value ETF 0.30% 2,367,761 $489.0M Add +0.2%
USMV iShares MSCI USA Min Vol Fac 0.30% 5,119,584 $487.1M Reduce -6.2%
MA Mastercard Inc. Class A 0.29% 831,086 $472.7M Reduce -0.6%
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.28% 9,004,389 $464.5M Add +4.4%
CSCO Cisco Systems Inc. 0.27% 6,601,007 $451.6M Reduce -1.9%
PM Philip Morris International 0.26% 2,656,084 $430.8M Reduce -4.0%
MDY State Street SPDR S&P Midcap 0.26% 714,972 $426.1M Reduce -1.2%
BLK BlackRock Inc. 0.26% 360,995 $420.9M Add +8.9%
KO The Coca-Cola Co. 0.25% 6,190,133 $410.5M Add +6.2%
ADP Automatic Data Processing 0.25% 1,398,729 $410.5M Add +7.5%
LRCX Lam Research Corp. 0.25% 3,056,283 $409.2M Reduce -0.6%
WMT Walmart Inc. 0.24% 3,900,604 $402.0M Reduce -0.1%
MS Morgan Stanley 0.24% 2,440,371 $387.9M Add +8.3%
SYK Stryker Corp. 0.23% 1,030,046 $380.8M Reduce -2.0%
BINC iShares Flex I A ETF-Usd Inc. 0.22% 6,939,129 $369.4M Add +37441.3%
ETN Eaton Corp. PLC 0.22% 982,245 $367.6M Add +6.2%
IWP iShares Russell Mid-Cap Grow 0.21% 2,445,568 $348.3M Reduce -0.8%
AXP American Express Co. 0.21% 1,038,587 $345.0M Reduce -2.2%
DLN Wisdomtree US Largecap Divid 0.21% 3,899,581 $339.4M Add +0.3%
VCIT Vanguard Int-Term Corporate 0.20% 3,999,780 $336.4M Add +2.6%
VOT Vngrd Mrngstr MC GRW ETF-Usd 0.20% 1,115,856 $327.8M Add +1.6%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.20% 1,159,886 $327.3M Reduce -0.7%
SPGI S&P Global Inc. 0.20% 670,802 $326.5M Add +0.2%
HON Honeywell International Inc. 0.20% 1,546,537 $325.5M Add +4.7%
UNH Unitedhealth Group Inc. 0.19% 914,521 $315.8M Add +4.8%
AMGN Amgen Inc. 0.19% 1,115,268 $314.7M Add +10.4%
UNP Union Pacific Corp. 0.18% 1,275,551 $301.5M Reduce -2.5%
WEC WEC Energy Group Inc. 0.18% 2,589,930 $296.8M Add +9.6%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.18% 2,044,074 $295.5M Add +12.7%
PNC PNC Financial Services Group 0.18% 1,460,643 $293.5M Reduce -0.5%
CQQQ Invesco China Technology ETF 0.18% 4,892,090 $288.7M New
GE General Electric filed as GE AEROSPACE 0.17% 953,912 $287.0M Add +1.1%
TSLA Tesla Inc. 0.17% 627,852 $279.2M Add +7.5%

Show all 4,955 holdings

Other holdings (128): bonds, preferreds, convertibles and warrants · $32.4M (not counted above)
SecurityClassShares / PrincipalValueChange
STATE STREET CORP (STT V5.35 PERP G) Common Stock 327,064$7.6MAdd +27.1%
GOLDMAN SACHS GROUP INC (GS F PERP D) Preferred Stock 268,689$5.6MAdd +1.2%
MORGAN STANLEY (MS F PERP +A) COM 246,715$5.3MAdd +0.4%
BANK OF AMERICA CORP (BAC F PERP +4) COM 223,273$4.7MAdd +0.6%
US BANCORP (USB V0 PERP A) PFD 4,432$3.6MAdd +0.8%
EXPEDIA GROUP INC (EXPE 0 02/15/26) NOTE 2/1 · principal 6,000$604KNo change
METLIFE INC (MET F PERP A) Bond 20,848$501KReduce -3.7%
BANK OF AMERICA CORP (BAC F PERP +5) Equities 16,719$344KAdd +2.0%
GOLDMAN SACHS GROUP INC (GS F PERP A) COM 15,224$321KReduce -6.4%
AXON ENTERPRISE INC (AXON 0.5 12/15/27) NOTE 0.500%12/1 · principal 1,000$314KNo change
WELLS FARGO & COMPANY (WFC 7.5 PERP L) PERP PFD CNV A 246$304KNo change
BRIDGEBIO PHARMA INC (BBIO 2.5 03/15/27) NOTE 2.500% 3/1 · principal 2,000$280KNo change
KEYCORP (KEY V6.125 PERP E) Common Stock 10,820$272KAdd +21.5%
PDD HOLDINGS INC (PDD 0 12/01/25) NOTE 12/0 · principal 2,000$198KNo change
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L 144$184KReduce -51.8%
TRUIST FINANCIAL CORP (TFC F PERP I) Common Stock 5,658$129KReduce -44.8%
WELLS FARGO & COMPANY (WFC 4.75 PERP Z) Common Stock 6,078$120KReduce -1.7%
IONQ.WS Ionq Inc. -CW26 *W EXP 09/30/202 2,017$100KNo change
BRIGHTHOUSE FINANCIAL IN (BHF 5.375 PERP C) PFD 5,340$72KNo change
GOLDMAN SACHS GROUP INC (GS F PERP C) Preferred Stock 3,175$67KReduce -22.1%
BANK OF AMERICA CORP (BAC 6 PERP GG) PFD 2,640$67KNo change
FIFTH THIRD BANCORP (FITB V7.67122 PERP I) PFD 2,590$66KReduce -1.0%
OXY.WS Occidental Petroleum-CW27 *W EXP 08/03/202 2,570$66KAdd +16.0%
AT&T INC (T 5.35 11/01/66) Preferred Stock 2,405$55KNo change
WELLS FARGO & COMPANY (WFC 5.625 PERP Y) PREFERRED STOCK 2,221$55KReduce -1.3%
BANK OF AMERICA CORP (BAC 6.45 12/15/66 K*) Common Stock 1,625$42KAdd +14.0%
ARCH CAPITAL GROUP LTD (ACGL 4.55 PERP G) Common Stock 2,261$41KAdd +4.8%
JPMORGAN CHASE & CO (JPM 6 PERP EE) Common Stock 1,592$40KReduce -2.6%
CHARLES SCHWAB CORP (SCHW 4.45 PERP J) PFD 1,815$36KReduce -6.4%
JPMORGAN CHASE & CO (JPM 4.75 PERP GG) Common Stock 1,690$35KReduce -5.3%
JPMORGAN CHASE & CO (JPM 4.625 PERP LL) Common Stock 1,743$35KReduce -26.3%
TRUIST FINANCIAL CORP (TFC 4.75 PERP R) COM 1,677$34KReduce -7.8%
METLIFE INC (MET 4.75 PERP F) COM 1,596$33KReduce -8.0%
BANK OF AMERICA CORP (BAC 5 PERP LL) PFD 1,468$31KReduce -5.1%
HUNTINGTON BANCSHARES (HBAN 4.5 PERP H) PFD 1,588$30KReduce -5.5%
WELLS FARGO & COMPANY (WFC 4.7 PERP AA) Common Stock 1,500$29KReduce -29.3%
CAPITAL ONE FINANCIAL CO (COF 4.8 PERP J) Common Stock 1,449$28KReduce -4.8%
JPMORGAN CHASE & CO (JPM 4.55 PERP JJ) COM 1,323$26KAdd +77.6%
BRIGHTHOUSE FINANCIAL IN (BHF 6.75 PERP B) Common Stock 1,536$25KNo change
M&T BANK CORPORATION (MTB V5.625 PERP H) Common Stock 1,023$25KReduce -7.1%
AT&T INC (T 4.75 PERP C) PFD 1,263$25KReduce -7.1%
ALLSTATE CORP (ALL 5.1 PERP H) PFD 1,113$25KReduce -6.9%
MORGAN STANLEY (MS 6.5 PERP P) Common Stock 962$25KReduce -1.0%
BANK OF AMERICA CORP (BAC 4.25 PERP QQ) Common Stock 1,350$24KReduce -7.7%
CMS ENERGY CORP (CMS 4.2 PERP C) Common Stock 1,180$23KReduce -7.3%
NORTHERN TRUST CORP (NTRS 4.7 PERP E) COM 1,082$22KReduce -7.9%
MORGAN STANLEY (MS 4.25 PERP O) Common Stock 1,190$22KReduce -8.2%
DUKE ENERGY CORP (DUK 5.75 PERP A) Common Stock 874$22KReduce -6.9%
AMERICAN FINANCIAL GROUP (AFG 5.625 06/01/60) Common Stock 974$22KAdd +153.7%
PUBLIC STORAGE (PSA 4 PERP P) Common Stock 1,241$21KReduce -7.7%
CITIZENS FINANCIAL GROUP (CFG 5 PERP E) Common Stock 1,015$21KReduce -7.9%
SOUTHERN CO (SO 5.25 12/01/77) Common Stock 925$21KNo change
FIFTH THIRD BANCORP (FITB 4.95 PERP K) Common Stock 992$21KReduce -8.0%
BERKLEY (WR) CORPORATION (WRB 5.1 12/30/59) Common Stock 877$19KReduce -7.6%
STRATEGY INC (MSTR 8 PERP) SERIES A PERP PF 200$18KNo change
METLIFE INC (MET 5.625 PERP E) Common Stock 724$18KReduce -7.5%
BANK OF AMERICA CORP (BAC 5.375 PERP KK) PFD 774$18KReduce -28.9%
TRUIST FINANCIAL CORP (TFC 5.25 PERP O) PFD 750$17KReduce -7.9%
BANK OF AMERICA CORP (BAC 4.375 PERP NN) PFD 895$17KReduce -8.4%
PUBLIC STORAGE (PSA 4.625 PERP L) COM 820$16KReduce -7.1%
RENAISSANCERE HOLDINGS L (RNR 5.75 PERP F) Common Stock 684$16KReduce -6.2%
WELLS FARGO & COMPANY (WFC 4.375 PERP CC) Common Stock 851$15KAdd +6.6%
AT&T INC (T 5 PERP A) COM 727$15KReduce -7.6%
US BANCORP (USB 4.5 PERP O) Common Stock 756$15KReduce -8.0%
US BANCORP (USB 3.75 PERP L) Common Stock 929$15KReduce -4.1%
US BANCORP (USB 5.5 PERP K) Common Stock 556$14KReduce -7.8%
REGIONS FINANCIAL CORP (RF V6.95 PERP) Common Stock 524$13KReduce -7.8%
BANK OF AMERICA CORP (BAC 5.875 PERP HH) Common Stock 525$13KReduce -8.1%
MORGAN STANLEY (MS 7.125 PERP E) PFD 514$13KReduce -9.0%
JPMORGAN CHASE & CO (JPM 4.2 PERP MM) PFD 679$13KReduce -6.9%
NEXTERA ENERGY CAPITAL (NEE 5.65 03/01/79 N) PFD 527$13KReduce -7.7%
CITIZENS FINANCIAL GROUP (CFG 7.375 PERP H) Common Stock 482$13KReduce -7.5%
US BANCORP (USB F PERP B*) COM 637$12KReduce -7.8%
BANK OF NY MELLON CORP (BNY V6.15 PERP K) Common Stock 477$12KReduce -7.7%
KEYCORP (KEY 5.65 PERP F) PFD 531$12KReduce -8.3%
EQUITABLE HOLDINGS INC (EQH 5.25 PERP A) Common Stock 560$12KReduce -6.5%
KIMCO REALTY CORP (KIM 5.125 PERP L) PFD 558$12KReduce -7.9%
KEYCORP (KEY V6.2 PERP) Common Stock 466$12KReduce -8.3%
MORGAN STANLEY (MS 5.85 PERP K) Bond 467$11KReduce -8.8%
MORGAN STANLEY (MS 6.875 PERP F) PFD 453$11KReduce -7.7%
PRUDENTIAL FINANCIAL INC (PRU 4.125 09/01/60) Common Stock 565$10KReduce -8.6%
PUBLIC STORAGE (PSA 4.875 PERP I) Common Stock 488$10KReduce -8.1%
COREBRIDGE FINANCIAL INC (CRBG 6.375 12/15/64) Common Stock 413$10KReduce -7.6%
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$10KNo change
BANK OF AMERICA CORP (BAC 4.125 PERP PP) Common Stock 567$10KReduce -7.5%
ARCH CAPITAL GROUP LTD (ACGL 5.45 PERP F) Common Stock 440$10KReduce -8.7%
VOYA FINANCIAL INC (VOYA V5.35 PERP B) Common Stock 380$9KReduce -8.7%
DTE ENERGY CO (DTE 5.25 12/01/77 E) Common Stock 359$8KReduce -8.7%
WELLS FARGO & COMPANY (WFC 4.25 PERP DD) PFD 449$8KReduce -8.7%
HARTFORD INSUR GRP INC/T (HIG 6 PERP G) Common Stock 316$8KReduce -8.7%
HUNTINGTON BANCSHARES (HBAN V6.875 PERP J) PFD 309$8KReduce -8.8%
PUBLIC STORAGE (PSA 5.15 PERP F) PREFERRED STOCK 341$8KReduce -8.8%
WEBSTER FINANCIAL CORP (WBS 5.25 PERP F) Common Stock 384$8KReduce -8.8%
CULLEN/FROST BANKERS INC (CFR 4.45 PERP B) Common Stock 426$8KReduce -8.6%
CITIZENS FINANCIAL GROUP (CFG V6.5 PERP I) Common Stock 296$7KNew
MAKEMYTRIP LIMITED (MMYT 0 02/15/28) NOTE 2/1 · principal 3,000$7KNo change
UMB FINANCIAL CORP (UMBF V7.75 PERP) Common Stock 262$7KAdd +0.8%
NEXTERA ENERGY CAPITAL (NEE 6.5 06/01/85 U) Common Stock 279$7KAdd +0.4%
MORGAN STANLEY (MS 4.875 PERP L) PFD 328$7KAdd +13.9%
CAPITAL ONE FINANCIAL CO (COF 5 PERP I) Preferred Stock 346$7KReduce -8.7%
REGIONS FINANCIAL CORP (RF V5.7 PERP C) Common Stock 279$7KReduce -8.8%
GLOBE LIFE INC (GL 4.25 06/15/61) Common Stock 394$7KAdd +11.6%
CMS ENERGY CORP (CMS 5.875 03/01/79) Common Stock 233$6KReduce -9.3%
DTE ENERGY CO (DTE 4.375 10/15/80 G) Common Stock 299$6KReduce -8.6%
AMERICAN FINANCIAL GROUP (AFG 4.5 09/15/60) Common Stock 288$5KReduce -10.0%
AXIS CAPITAL HLDGS LTD (AXS 5.5 PERP E) Pref 250$5KNo change
REGIONS FINANCIAL CORP (RF 4.45 PERP E) Common Stock 278$5KReduce -8.6%
AFFILIATED MANAGERS GROU (AMG 5.875 03/30/59) Common Stock 229$5KReduce -8.8%
PRUDENTIAL FINANCIAL INC (PRU 5.95 09/01/62) Common Stock 195$5KReduce -8.9%
STIFEL FINANCIAL CORP (SF 6.125 PERP C) Common Stock 196$5KReduce -8.8%
SPIRE INC (SR 5.9 PERP A) Common Stock 187$5KReduce -8.8%
AFFILIATED MANAGERS GROU (AMG 4.75 09/30/60) Common Stock 243$4KReduce -10.3%
ALLSTATE CORP (ALL 4.75 PERP I) Common Stock 200$4KNo change
DTE ENERGY CO (DTE 4.375 12/01/81) Common Stock 230$4KReduce -8.4%
STIFEL FINANCIAL CORP (SF 5.2 10/15/47) Common Stock 195$4KReduce -8.4%
BERKLEY (WR) CORPORATION (WRB 4.125 03/30/61) Common Stock 216$4KReduce -6.9%
US BANCORP (USB 4 PERP M) PFD 230$4KReduce -1.3%
MORGAN STANLEY (MS 6.625 PERP Q) Common Stock 140$4KReduce -7.3%
KIMCO REALTY CORP (KIM 5.25 PERP M) PFD 158$3KReduce -9.2%
AMERICAN FINANCIAL GROUP (AFG 5.875 03/30/59) Common Stock 138$3KReduce -11.5%
M&T BANK CORPORATION (MTB 7.5 PERP J) Common Stock 109$3KReduce -9.2%
REINSURANCE GRP OF AMER (RGA V7.125 10/15/52) Common Stock 86$2KReduce -9.5%
FIRST HORIZON CORP (FHN 4.7 PERP F) Common Stock 100$2KReduce -9.1%
ZTO EXPRESS KY INC (ZTO 1.5 09/01/27) NOTE 1.500% 9/0 · principal 2,000$2KNo change
COHEN & STEERS INFRASTRU RIGHT 10/16/2025 22,598$2KReduce -3.8%
GENVR Gen Digital Inc. - CVR RIGHT 99/99/9999 12$89No change
CLEARBRIDGE ENERGY MI-RT RIGHT 10/10/2025 2,800$53No change
Lines left out (2) · $21 — a value with no share or principal amount
SecurityClassSharesValue
DFEM Dimensional Emrg MRKT Core EMERGING MKTS CO0$14
WTV Wisdomtree U.S. Value Fund US VALUE FD0$7

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: $164.9B.

Portfolio Sells Q2 2025 → Q3 2025

IQLT iShares MSCI International Q Reduce -29.1% 0.60% −0.28
DGRW Wisdomtree U.S. Quality Divi Reduce -20.4% 0.85% −0.22
ERIE Erie Indemnity Company Class A Reduce 0.0% 0.95% −0.15
AVLV Avantis US Large Cap Value Reduce -12.9% 0.62% −0.09
PM Philip Morris International Reduce -4.0% 0.26% −0.06
ACN Accenture PLC Class A Reduce -14.5% 0.12% −0.06
COST Costco Wholesale Corp. Reduce -0.1% 0.33% −0.04
IEF iShares 7-10 Year Treasury B Reduce -2.2% 0.49% −0.04
MUB iShares National Muni Bond E Reduce -3.6% 0.47% −0.04
QUAL iShares MSCI USA Quality Fac Reduce -4.6% 0.80% −0.04
SYK Stryker Corp. Reduce -2.0% 0.23% −0.04
USMV iShares MSCI USA Min Vol Fac Reduce -6.2% 0.30% −0.03
BRK.A Berkshire Hathaway Inc. Class A Reduce -3.6% 0.48% −0.03
ITW Illinois Tool Works Reduce -16.1% 0.15% −0.03
ABT Abbott Laboratories Reduce -0.3% 0.37% −0.03
CTAS Cintas Corp. Reduce -3.3% 0.14% −0.03
CSCO Cisco Systems Inc. Reduce -1.9% 0.27% −0.03
DIS The Walt Disney Co. Reduce -0.8% 0.16% −0.03
BMY Bristol-Myers Squibb Co. Reduce -11.6% 0.10% −0.02
IBM Intl Business Machines Corp. Reduce -0.7% 0.20% −0.02
EFA iShares MSCI Eafe ETF Reduce -2.2% 0.48% −0.02
UPS United Parcel Service Class B Reduce -4.6% 0.05% −0.02
IWR iShares Russell Mid-Cap ETF Reduce -1.2% 0.75% −0.02
MA Mastercard Inc. Class A Reduce -0.6% 0.29% −0.02
CB Chubb Ltd. Reduce -1.2% 0.15% −0.02
JNK SS SPDR BB High Yield Bond Reduce -22.9% 0.04% −0.01
TDG Transdigm Group Inc. Reduce -1.6% 0.06% −0.01
TT Trane Technologies PLC Reduce -8.5% 0.07% −0.01
DE Deere & Co. Reduce -1.8% 0.07% −0.01
EMR Emerson Electric Co. Reduce -1.4% 0.14% −0.01
ANSS Ansys Inc. Sold out 0.00% −0.01
EMN Eastman Chemical Co. Reduce -9.3% 0.03% −0.01
CI The Cigna Group Reduce -3.0% 0.05% −0.01
CRM Salesforce Inc. Reduce -8.8% 0.04% −0.01
CARR Carrier Global Corp. Reduce -3.5% 0.03% −0.01
PPG PPG Industries Inc. Reduce -4.3% 0.06% −0.01
USB US Bancorp Reduce -14.5% 0.07% −0.01
ISRG Intuitive Surgical Inc. Reduce -1.6% 0.04% −0.01
APD Air Products & Chemicals Inc. Reduce -5.9% 0.07% −0.01
UNP Union Pacific Corp. Reduce -2.5% 0.18% −0.01
PWR Quanta Services Inc. Reduce -10.2% 0.14% −0.01
EFV iShares MSCI Eafe Value ETF Reduce -8.2% 0.13% −0.01
FTNT Fortinet Inc. Reduce -5.5% 0.03% −0.01
MBB iShares MBS ETF Reduce -1.1% 0.17% −0.01
CL Colgate-Palmolive Co. Reduce -0.6% 0.05% −0.01
VTI VG Morningstar TS MKT ETF-US Reduce -3.5% 0.49% −0.01
AMT American Tower Corp. Reduce -4.5% 0.03% −0.01
VZ Verizon Communications Inc. Reduce -1.5% 0.15% −0.01
AXP American Express Co. Reduce -2.2% 0.21% −0.01
IWP iShares Russell Mid-Cap Grow Reduce -0.8% 0.21% −0.01

Portfolio Buys Q2 2025 → Q3 2025

AAPL Apple Inc. Add +0.6% 2.97% +0.44
AIQ Global X Art Intel & Tech Add +24901.9% 0.36% +0.36
GOOGL Alphabet Inc. Class A Add +5.2% 1.32% +0.35
BINC iShares Flex I A ETF-Usd Inc. Add +37441.3% 0.22% +0.22
NVDA Nvidia Corp. Add +5.6% 1.21% +0.18
CQQQ Invesco China Technology ETF New 0.18% +0.18
DFIV Dimensional International Va Add +76.7% 0.39% +0.17
IDEV iShares Core MSCI Dev MKTS Add +48.9% 0.50% +0.16
IVV iShares Core S&P 500 ETF Add +0.5% 6.27% +0.12
ABBV Abbvie Inc. Add +5.1% 0.60% +0.11
JNJ Johnson & Johnson Add +2.3% 0.69% +0.10
AVDE Avantis International Equity Add +345.0% 0.13% +0.10
GOOG Alphabet Inc. Class C Add +0.5% 0.42% +0.10
RTX RTX Corp. Add +21.6% 0.30% +0.07
GOVT iShares US Treasury Bond ETF Add +17.3% 0.68% +0.07
GEV GE Vernova Inc. Add +67.3% 0.12% +0.06
HD Home Depot Inc. Add +2.8% 0.79% +0.05
TSLA Tesla Inc. Add +7.5% 0.17% +0.05
JPM JPMorgan Chase & Co. Add +1.4% 1.31% +0.05
TJX TJX Companies Inc. Add +12.7% 0.18% +0.03
IEMG iShares Core MSCI Emerging Add +3.4% 0.53% +0.03
CVX Chevron Corp. Add +7.0% 0.38% +0.03
BLK BlackRock Inc. Add +8.9% 0.26% +0.03
MS Morgan Stanley Add +8.3% 0.24% +0.03
QQQ Invesco QQQ Trust Series 1 Add +0.3% 1.12% +0.03
SEMG Suncoast Select Growth ETF New 0.03% +0.03
PH Parker Hannifin Corp. Add +18.0% 0.15% +0.03
MCK McKesson Corp. Add +24.3% 0.11% +0.02
WEC WEC Energy Group Inc. Add +9.6% 0.18% +0.02
PEP Pepsico Inc. Add +5.6% 0.37% +0.02
LMT Lockheed Martin Corp. Add +11.5% 0.16% +0.02
BAC Bank of America Corp. Add +4.4% 0.28% +0.02
NEE Nextera Energy Inc. Add +3.9% 0.30% +0.02
GE General Electric Add +1.1% 0.17% +0.02
GLD SPDR Gold Shares Add +3.1% 0.15% +0.02
MSI Motorola Solutions Inc. Add +12.0% 0.13% +0.02
PSX Phillips 66 Add +18.2% 0.08% +0.02
UNH Unitedhealth Group Inc. Add +4.8% 0.19% +0.02
PLD Prologis Inc. Add +38.4% 0.05% +0.02
IUSV iShares Core S&P U.S. Value Add +42.3% 0.05% +0.01
CDNS Cadence Design SYS Inc. Add +14.3% 0.08% +0.01
PLTR Palantir Technologies Inc. Class A Add +7.8% 0.05% +0.01
FBCG Fidelity Blue Chip Grow ETF Add +377.0% 0.02% +0.01
LIN Linde PLC Add +14.2% 0.15% +0.01
VWO Vanguard Ftse Emerging Marke Add +0.7% 0.34% +0.01
TMUS T-Mobile US Inc. Add +34.2% 0.05% +0.01
AVEM Avantis Emerging Markets Eq Add +10.9% 0.09% +0.01
OSEA Harbor Intl Compounders ETF New 0.01% +0.01
HUBB Hubbell Inc. Add +15.2% 0.08% +0.01
PEG Public Service Enterprise GP Add +38.7% 0.05% +0.01

Notes & Other Activity Q2 2025 → Q3 2025

STATE STREET CORP (STT V5.35 PERP G) Common Stock Add +27.1% 327,064 $7.6M
GOLDMAN SACHS GROUP INC (GS F PERP D) Preferred Stock Add +1.2% 268,689 $5.6M
MORGAN STANLEY (MS F PERP +A) COM Add +0.4% 246,715 $5.3M
BANK OF AMERICA CORP (BAC F PERP +4) COM Add +0.6% 223,273 $4.7M
US BANCORP (USB V0 PERP A) PFD Add +0.8% 4,432 $3.6M
METLIFE INC (MET F PERP A) Bond Reduce -3.7% 20,848 $501K
NRG ENERGY INC (NRG 2.75 06/01/48) DBCV 2.750% 6/0 · principal Sold out 1,000 $394Kbefore exit
BANK OF AMERICA CORP (BAC F PERP +5) Equities Add +2.0% 16,719 $344K
GOLDMAN SACHS GROUP INC (GS F PERP A) COM Reduce -6.4% 15,224 $321K
KEYCORP (KEY V6.125 PERP E) Common Stock Add +21.5% 10,820 $272K
BANK OF AMERICA CORP (BAC 7.25 PERP L) 7.25%CNV PFD L Reduce -51.8% 144 $184K
TRUIST FINANCIAL CORP (TFC F PERP I) Common Stock Reduce -44.8% 5,658 $129K
WELLS FARGO & COMPANY (WFC 4.75 PERP Z) Common Stock Reduce -1.7% 6,078 $120K
GOLDMAN SACHS GROUP INC (GS F PERP C) Preferred Stock Reduce -22.1% 3,175 $67K
FIFTH THIRD BANCORP (FITB V7.67122 PERP I) PFD Reduce -1.0% 2,590 $66K
OXY.WS Occidental Petroleum-CW27 *W EXP 08/03/202 Add +16.0% 2,570 $66K
WELLS FARGO & COMPANY (WFC 5.625 PERP Y) PREFERRED STOCK Reduce -1.3% 2,221 $55K
BANK OF AMERICA CORP (BAC 6.45 12/15/66 K*) Common Stock Add +14.0% 1,625 $42K
ARCH CAPITAL GROUP LTD (ACGL 4.55 PERP G) Common Stock Add +4.8% 2,261 $41K
JPMORGAN CHASE & CO (JPM 6 PERP EE) Common Stock Reduce -2.6% 1,592 $40K
CHARLES SCHWAB CORP (SCHW 4.45 PERP J) PFD Reduce -6.4% 1,815 $36K
JPMORGAN CHASE & CO (JPM 4.75 PERP GG) Common Stock Reduce -5.3% 1,690 $35K
JPMORGAN CHASE & CO (JPM 4.625 PERP LL) Common Stock Reduce -26.3% 1,743 $35K
TRUIST FINANCIAL CORP (TFC 4.75 PERP R) COM Reduce -7.8% 1,677 $34K
METLIFE INC (MET 4.75 PERP F) COM Reduce -8.0% 1,596 $33K
BANK OF AMERICA CORP (BAC 5 PERP LL) PFD Reduce -5.1% 1,468 $31K
HUNTINGTON BANCSHARES (HBAN 4.5 PERP H) PFD Reduce -5.5% 1,588 $30K
WELLS FARGO & COMPANY (WFC 4.7 PERP AA) Common Stock Reduce -29.3% 1,500 $29K
CAPITAL ONE FINANCIAL CO (COF 4.8 PERP J) Common Stock Reduce -4.8% 1,449 $28K
JPMORGAN CHASE & CO (JPM 4.55 PERP JJ) COM Add +77.6% 1,323 $26K
M&T BANK CORPORATION (MTB V5.625 PERP H) Common Stock Reduce -7.1% 1,023 $25K
AT&T INC (T 4.75 PERP C) PFD Reduce -7.1% 1,263 $25K
ALLSTATE CORP (ALL 5.1 PERP H) PFD Reduce -6.9% 1,113 $25K
MORGAN STANLEY (MS 6.5 PERP P) Common Stock Reduce -1.0% 962 $25K
BANK OF AMERICA CORP (BAC 4.25 PERP QQ) Common Stock Reduce -7.7% 1,350 $24K
CMS ENERGY CORP (CMS 4.2 PERP C) Common Stock Reduce -7.3% 1,180 $23K
NORTHERN TRUST CORP (NTRS 4.7 PERP E) COM Reduce -7.9% 1,082 $22K
MORGAN STANLEY (MS 4.25 PERP O) Common Stock Reduce -8.2% 1,190 $22K
DUKE ENERGY CORP (DUK 5.75 PERP A) Common Stock Reduce -6.9% 874 $22K
AMERICAN FINANCIAL GROUP (AFG 5.625 06/01/60) Common Stock Add +153.7% 974 $22K
PUBLIC STORAGE (PSA 4 PERP P) Common Stock Reduce -7.7% 1,241 $21K
CITIZENS FINANCIAL GROUP (CFG 5 PERP E) Common Stock Reduce -7.9% 1,015 $21K
FIFTH THIRD BANCORP (FITB 4.95 PERP K) Common Stock Reduce -8.0% 992 $21K
BERKLEY (WR) CORPORATION (WRB 5.1 12/30/59) Common Stock Reduce -7.6% 877 $19K
METLIFE INC (MET 5.625 PERP E) Common Stock Reduce -7.5% 724 $18K
BANK OF AMERICA CORP (BAC 5.375 PERP KK) PFD Reduce -28.9% 774 $18K
TRUIST FINANCIAL CORP (TFC 5.25 PERP O) PFD Reduce -7.9% 750 $17K
BANK OF AMERICA CORP (BAC 4.375 PERP NN) PFD Reduce -8.4% 895 $17K
PUBLIC STORAGE (PSA 4.625 PERP L) COM Reduce -7.1% 820 $16K
RENAISSANCERE HOLDINGS L (RNR 5.75 PERP F) Common Stock Reduce -6.2% 684 $16K

Showing the first 50 of 114.

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