Wells Fargo Portfolio holdings
Wells Fargo & Company, founded in 1852 by Henry Wells and William Fargo, is a major American financial institution headquartered in San Francisco, California, known for its extensive retail banking network and historical roots in the American West. Offering a wide range of services—including consumer banking, mortgages, wealth management, and commercial finance—it manages trillions in assets and serves millions of customers through thousands of branches and ATMs across the U.S. Despite its prominence, Wells Fargo faced significant scrutiny following a 2016 scandal involving millions of unauthorized accounts, leading to leadership changes and regulatory penalties, though it has since focused on rebuilding trust and enhancing digital banking capabilities. With a legacy tied to stagecoaches and a modern focus on diversified financial services, Wells Fargo remains a key player in the U.S. banking sector.
Top Buys
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1B |
| 2 |
Microsoft
MSFT
|
+$878M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$748M |
| 4 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$647M |
| 5 |
Amazon
AMZN
|
+$436M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.09% |
| 2 | Healthcare | 9.01% |
| 3 | Financials | 7.29% |
| 4 | Industrials | 6.45% |
| 5 | Consumer Discretionary | 5.37% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Celanese
CE
$4.9B
| $251M | 0.08% |
2,131,959
-186,385
| -8% | -$26.7M |
|
227
Unilever
UL
$137B
| $250M | 0.08% |
4,849,290
+644,126
| +15% | +$32.8M |
|
228
JPMorgan Equity Premium Income ETF
JEPI
$45.9B
| $247M | 0.08% |
4,456,939
+1,413,060
| +46% | +$81.8M |
|
229
TE Connectivity
TEL
$59.6B
| $244M | 0.08% |
2,158,462
-112,299
| -5% | -$13.9M |
|
230
Dow Inc
DOW
$21.9B
| $242M | 0.07% |
4,682,824
+34,684
| +0.7% | +$2.22M |
|
231
Truist Financial
TFC
$63.3B
| $241M | 0.07% |
5,071,016
+121,405
| +2% | +$5.99M |
|
232
ASML
ASML
$626B
| $240M | 0.07% |
504,887
-20,028
| -4% | -$11.2M |
|
233
FedEx
FDX
$72.7B
| $240M | 0.07% |
1,057,407
-164,545
| -13% | -$35.1M |
|
234
Booking.com
BKNG
$149B
| $238M | 0.07% |
3,403,100
-516,375
| -13% | -$44.1M |
|
235
iShares Core Dividend Growth ETF
DGRO
$42.7B
| $237M | 0.07% |
4,984,269
+273,948
| +6% | +$13.8M |
|
236
American Express
AXP
$227B
| $237M | 0.07% |
1,708,529
-123,525
| -7% | -$20.4M |
|
237
Cencora
COR
$60.6B
| $237M | 0.07% |
1,673,625
-18,961
| -1% | -$2.9M |
|
238
Jack Henry & Associates
JKHY
$10.9B
| $231M | 0.07% |
1,282,655
-100,852
| -7% | -$18.9M |
|
239
Vanguard Long-Term Bond ETF
BLV
$5.71B
| $230M | 0.07% |
2,887,083
-186,114
| -6% | -$15.3M |
|
240
Manulife Financial
MFC
$73.9B
| $229M | 0.07% |
13,239,986
-692,022
| -5% | -$13.1M |
|
241
State Street SPDR S&P Dividend ETF
SDY
$21.7B
| $229M | 0.07% |
1,928,292
+193,018
| +11% | +$24.1M |
|
242
W.W. Grainger
GWW
$65.3B
| $227M | 0.07% |
499,883
+24,040
| +5% | +$11.7M |
|
243
Vertex Pharmaceuticals
VRTX
$121B
| $225M | 0.07% |
799,702
-51,380
| -6% | -$13.8M |
|
244
Advanced Micro Devices
AMD
$776B
| $224M | 0.07% |
2,933,969
-486,858
| -14% | -$45.6M |
|
245
Novartis
NVS
$297B
| $222M | 0.07% |
2,628,520
-456,224
| -15% | -$40M |
|
246
CME Group
CME
$96.3B
| $222M | 0.07% |
1,083,821
+76,499
| +8% | +$16.2M |
|
247
State Street Industrial Select Sector SPDR ETF
XLI
$32.8B
| $222M | 0.07% |
2,537,321
-443,029
| -15% | -$41.8M |
|
|
TWTR
248
DELISTED
Twitter, Inc.
TWTR
| $219M | 0.07% |
5,868,337
+3,543,410
| +152% | +$152M |
|
249
Cognizant
CTSH
$24.9B
| $218M | 0.07% |
3,231,784
-421,539
| -12% | -$32.3M |
|
250
Intuitive Surgical
ISRG
$127B
| $218M | 0.07% |
1,085,476
-79,311
| -7% | -$18.6M |
|
Similar funds
Wells Fargo's Q2 2022 Portfolio in Review
As of Q2 2022, Wells Fargo held 8,080 positions worth $323B, down 17% from $390B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Wells Fargo withdrew a net $12.6B in Q2 2022, closing 375 positions and reducing 4,229 holdings. Its most notable exit was People's United Financial Inc, an estimated $250M position sold in full.
By sector, the portfolio is most concentrated in Technology at 13% of assets, down from 15% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Wells Fargo opened a new position in Aspen Technology Inc worth $80.2M.
- Wells Fargo's largest Q2 2022 buy was Aspen Technology Inc: 436,654 shares worth $80.2M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q2 2022, an estimated $2.47B increase.
- Wells Fargo's biggest Q2 2022 reduction was Apple, cutting an estimated $1B.
- Wells Fargo fully exited People's United Financial Inc in Q2 2022, selling an estimated $250M.
- Wells Fargo's ten largest holdings make up 18% of its $323B portfolio in Q2 2022.
- Wells Fargo opened 271 new positions and closed 375 in Q2 2022.
- Wells Fargo's portfolio value fell 17% quarter-over-quarter to $323B.
Based on Wells Fargo's 13F filing for Q2 2022, filed 12 Aug 2022.