Giverny Capital’s Wells Fargo WFC Stock Holding History

Giverny Capital’s Portfolio WFC Stock Details WFC Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q3	–	Sell	-341,577	Closed	-$18.9M	–	41
2018 Q2	$18.9M	Buy	341,577 +3,345	+1%	+$179K	2.46%	18
2018 Q1	$17.7M	Buy	338,232 +4,268	+1%	+$254K	2.37%	19
2017 Q4	$20.3M	Sell	333,964 -197,665	-37%	-$11.2M	2.78%	16
2017 Q3	$29.3M	Buy	531,629 +8,001	+2%	+$425K	4.28%	10
2017 Q2	$29M	Buy	523,628 +6,612	+1%	+$354K	4.69%	9
2017 Q1	$28.8M	Buy	517,016 +2,689	+0.5%	+$153K	4.78%	9
2016 Q4	$28.3M	Buy	514,327 +2,752	+0.5%	+$138K	4.79%	8
2016 Q3	$22.7M	Buy	511,575 +18,971	+4%	+$908K	4.21%	10
2016 Q2	$23.3M	Buy	492,604 +7,058	+1%	+$344K	4.53%	8
2016 Q1	$23.5M	Sell	485,546 -91,507	-16%	-$4.48M	4.62%	7
2015 Q4	$31.4M	Buy	577,053 +12,084	+2%	+$656K	6.24%	6
2015 Q3	$29M	Sell	564,969 -69,538	-11%	-$3.82M	5.83%	6
2015 Q2	$35.7M	Buy	634,507 +18,225	+3%	+$1.02M	7.13%	4
2015 Q1	$33.5M	Buy	+616,282	New	+$33.3M	7.34%	4

Other funds holding WFC

Berkshire Hathaway Omaha, Nebraska $263B AUM 16.68% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Capital International Investors Los Angeles, California $427B AUM 29.17% 1-Year Est. Return

Dodge & Cox San Francisco, California $182B AUM 14.68% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

Franklin Resources San Mateo, California $408B AUM 30.18% 1-Year Est. Return

Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return

Giverny Capital's WFC Position: Q3 2018 in Review

Giverny Capital sold out of Wells Fargo (WFC) in Q3 2018, closing a stake of 341,577 shares — an estimated $18.9M sold.

Giverny Capital first reported a position in WFC in Q1 2015 and held it in 14 quarters. The position peaked at $35.7M in Q2 2015. 1,974 funds tracked by Wall St. Rank hold WFC as of Q3 2018.

Giverny Capital reported no remaining Wells Fargo position as of Q3 2018 after selling out during the quarter.
Giverny Capital sold 341,577 Wells Fargo shares in Q3 2018, an estimated $18.9M.
Giverny Capital first reported a position in Wells Fargo in Q1 2015 and held it in 14 quarters.
Giverny Capital's Wells Fargo position peaked at $35.7M in Q2 2015.
1,974 funds tracked by Wall St. Rank held Wells Fargo as of Q3 2018.

Based on Giverny Capital's 13F filing for Q3 2018, filed 13 Nov 2018.