Francis Chou’s Wells Fargo & Company Ws WFC.WS Stock Holding History

Francis Chou’s Portfolio WFC.WS Stock Details WFC.WS Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q3	–	Sell	-997,500	Closed	-$22M	–	29
2018 Q2	$22M	Hold	997,500	–	–	8.33%	4
2018 Q1	$19.2M	Hold	997,500	–	–	8.07%	4
2017 Q4	$27.5M	Hold	997,500	–	–	11.78%	3
2017 Q3	$21.5M	Hold	997,500	–	–	7.51%	4
2017 Q2	$22.2M	Hold	997,500	–	–	6.87%	4
2017 Q1	$22.1M	Hold	997,500	–	–	7.34%	6
2016 Q4	$21.3M	Hold	997,500	–	–	6.8%	6
2016 Q3	$12.4M	Hold	997,500	–	–	4.61%	9
2016 Q2	$13.6M	Hold	997,500	–	–	5.18%	9
2016 Q1	$15.6M	Hold	997,500	–	–	5.08%	11
2015 Q4	$20.4K	Hold	997,500	–	–	4.38%	7
2015 Q3	$18.1M	Hold	997,500	–	–	6.2%	8
2015 Q2	$22.4M	Hold	997,500	–	–	6.86%	7
2015 Q1	$20.4M	Hold	997,500	–	–	5.36%	7
2014 Q4	$21.3M	Hold	997,500	–	–	5.58%	7
2014 Q3	$22.5M	Hold	997,500	–	–	5.71%	8
2014 Q2	$22.8M	Hold	997,500	–	–	6.26%	7
2014 Q1	$18.6M	Hold	997,500	–	–	5.14%	8
2013 Q4	$15.8M	Hold	997,500	–	–	4.48%	9
2013 Q3	$14M	Hold	997,500	–	–	0.77%	13
2013 Q2	$13.6M	Buy	+997,500	New	+$12.8M	3.68%	12

Other funds holding WFC.WS

Theleme Partners London, United Kingdom $1.68B AUM 19.9% 1-Year Est. Return

Hosking Partners London, United Kingdom $3.01B AUM 83.99% 1-Year Est. Return

WIM

Wittenberg Investment Management Carlisle, Massachusetts $292M AUM 36.12% 1-Year Est. Return

GAM

Gotham Asset Management New York $43B AUM 34.97% 1-Year Est. Return

PCM

Punch Card Management Winter Park, Florida $256M AUM 1.13% 1-Year Est. Return

Brown Advisory Baltimore, Maryland $64.6B AUM 18.98% 1-Year Est. Return

Manulife (Manufacturers Life Insurance) Canada, Ontario, Canada $128B AUM 35.83% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

ACM

Aquamarine Capital Management New York $170M AUM 15.49% 1-Year Est. Return

OFG

OTA Financial Group Purchase, New York $143M AUM 16.9% 1-Year Est. Return

Francis Chou's WFC.WS Position: Q3 2018 in Review

Francis Chou sold out of Wells Fargo & Company Ws (WFC.WS) in Q3 2018, closing a stake of 997,500 shares — an estimated $22M sold.

Francis Chou first reported a position in WFC.WS in Q2 2013 and held it in 21 quarters. The position peaked at $27.5M in Q4 2017. 28 funds tracked by Wall St. Rank hold WFC.WS as of Q3 2018.

Francis Chou reported no remaining Wells Fargo & Company Ws position as of Q3 2018 after selling out during the quarter.
Francis Chou sold 997,500 Wells Fargo & Company Ws shares in Q3 2018, an estimated $22M.
Francis Chou first reported a position in Wells Fargo & Company Ws in Q2 2013 and held it in 21 quarters.
Francis Chou's Wells Fargo & Company Ws position peaked at $27.5M in Q4 2017.
28 funds tracked by Wall St. Rank held Wells Fargo & Company Ws as of Q3 2018.

Based on Chou Associates Management's 13F filing for Q3 2018, filed 13 Nov 2018.