The Top 15 Stocks PNC Financial Services Is Buying
Lalit Sharma submits:
PNC Financial Services Group manages $43 billion in equity assets primarily through its investment advisory subsidiary PNC Wealth Management,
which controls the PNC Series of mutual funds. Investment Strategy: PNC employs both growth and value approach to investing. The firm primarily invests in small- to large-cap companies utilizing a combination of fundamental and quantitative analysis. The firm utilizes a top-down approach in allocating assets and a bottom-up strategy in selecting stocks. PNC holds stock for the long term and has a very low turnover of 15.20% annually.
The following is a list of its top 15 buys by market value in the last quarter, as released in its most recent 13F filing with the SEC.
Stock Symbol Shares Held - 03/31/2011
General Electric Co. GE 29,629,320
Wisconsin Energy Corp. WEC 3,433,440
Eaton Corporation ETN 1,568,097
Qualcomm Incorporated QCOM 3,051,197
Borgwarner Inc. BWA 550,750
Northeast Utilities NU 958,582
Hess Corporation HESComplete Story »