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
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$790M |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$649M |
| 3 |
iShares Core MSCI EAFE ETF
IEFA
|
+$257M |
| 4 |
Amazon
AMZN
|
+$211M |
| 5 |
Vanguard Total Bond Market
BND
|
+$185M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$487M |
| 2 |
Microsoft
MSFT
|
+$287M |
| 3 |
Xtrackers USD High Yield Corporate Bond ETF
HYLB
|
+$162M |
| 4 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$144M |
| 5 |
Donaldson
DCI
|
+$137M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.38% |
| 2 | Healthcare | 7.44% |
| 3 | Financials | 7.25% |
| 4 | Industrials | 6.34% |
| 5 | Consumer Discretionary | 5.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Intuitive Surgical
ISRG
$130B
| $306M | 0.08% |
905,809
-9,643
| -1% | -$2.87M |
|
227
Vertex Pharmaceuticals
VRTX
$123B
| $305M | 0.08% |
748,966
-31,321
| -4% | -$11.6M |
|
228
CrowdStrike
CRWD
$214B
| $301M | 0.08% |
4,707,952
+122,228
| +3% | +$6.4M |
|
229
Applied Materials
AMAT
$433B
| $299M | 0.08% |
1,845,084
-580
| -0% | -$85.2K |
|
230
Kimberly-Clark
KMB
$35.7B
| $295M | 0.08% |
2,431,878
-90,603
| -4% | -$11M |
|
231
Uber
UBER
$146B
| $291M | 0.08% |
4,724,751
-451,516
| -9% | -$23.6M |
|
232
Parker-Hannifin
PH
$124B
| $290M | 0.08% |
630,306
+66,331
| +12% | +$27.6M |
|
233
Vanguard Morningstar Mid-Cap Value ETF
VOE
$23.6B
| $290M | 0.08% |
2,001,467
-4,871
| -0.2% | -$654K |
|
234
American Express
AXP
$233B
| $289M | 0.08% |
1,543,243
-39,621
| -3% | -$6.38M |
|
235
iShares MBS ETF
MBB
$39B
| $284M | 0.07% |
3,021,758
-96,243
| -3% | -$8.63M |
|
236
Sherwin-Williams
SHW
$86.9B
| $284M | 0.07% |
910,859
-83,490
| -8% | -$22.5M |
|
237
GE Aerospace
GE
$383B
| $284M | 0.07% |
2,786,148
+566,322
| +26% | +$52.5M |
|
238
iShares Core Dividend Growth ETF
DGRO
$42.8B
| $283M | 0.07% |
5,252,724
+518,671
| +11% | +$26.3M |
|
239
First Trust Smith Opportunistic Fixed Income ETF
FIXD
$3.24B
| $280M | 0.07% |
6,269,122
+1,314,185
| +27% | +$56M |
|
240
Schwab US Dividend Equity ETF
SCHD
$104B
| $278M | 0.07% |
10,956,894
+707,823
| +7% | +$16.9M |
|
241
Vanguard Morningstar Mid-Cap Growth ETF
VOT
$19.8B
| $278M | 0.07% |
1,265,547
-33,767
| -3% | -$6.75M |
|
242
Southern Company
SO
$105B
| $276M | 0.07% |
3,938,521
+63,791
| +2% | +$4.38M |
|
243
Vanguard Morningstar Small-Cap Value ETF
VBR
$37.6B
| $276M | 0.07% |
1,534,213
-20,180
| -1% | -$3.29M |
|
|
HDV
244
iShares Core High Dividend ETF
HDV
$14.6B
| $275M | 0.07% |
13,488,880
+4,417,055
| +49% | +$87M |
|
245
Pacer US Small Cap Cash Cows 100 ETF
CALF
$3.74B
| $273M | 0.07% |
5,681,054
+2,141,134
| +60% | +$92M |
|
246
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.7B
| $273M | 0.07% |
3,787,190
-721,140
| -16% | -$50M |
|
247
Vanguard Morningstar Large-Cap ETF
VV
$53.6B
| $268M | 0.07% |
1,230,624
+124,159
| +11% | +$25.4M |
|
248
Tractor Supply
TSCO
$17B
| $267M | 0.07% |
6,207,590
-81,370
| -1% | -$3.32M |
|
249
Vanguard Russell 1000 Growth ETF
VONG
$44.5B
| $267M | 0.07% |
3,421,311
+166,104
| +5% | +$12.1M |
|
250
AT&T
T
$159B
| $263M | 0.07% |
15,690,800
+7,173
| +0% | +$113K |
|
Similar funds
Wells Fargo's Q4 2023 Portfolio in Review
As of Q4 2023, Wells Fargo held 7,882 positions worth $383B, up 12% from $341B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Wells Fargo's Q4 2023 filing shows 410 new, 3,687 increased, 2,463 reduced and 394 closed positions. Its largest new stake was FT Vest US Equity Buffer ETF April: 1,231,825 shares worth $43.1M. The largest sale was Invesco QQQ Trust, an estimated $487M.
By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 14% a quarter earlier, followed by Healthcare and Financials.
- Wells Fargo's largest Q4 2023 buy was FT Vest US Equity Buffer ETF April: 1,231,825 shares worth $43.1M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q4 2023, an estimated $790M increase.
- Wells Fargo's biggest Q4 2023 reduction was Invesco QQQ Trust, cutting an estimated $487M.
- Wells Fargo fully exited Activision Blizzard in Q4 2023, selling an estimated $65.2M.
- Wells Fargo's ten largest holdings make up 18% of its $383B portfolio in Q4 2023.
- Wells Fargo opened 410 new positions and closed 394 in Q4 2023.
- Wells Fargo's portfolio value rose 12% quarter-over-quarter to $383B.
Based on Wells Fargo's 13F filing for Q4 2023, filed 9 Feb 2024.