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
|
+$506M |
| 2 |
Microsoft
MSFT
|
+$336M |
| 3 |
Amazon
AMZN
|
+$287M |
| 4 |
Apple
AAPL
|
+$269M |
| 5 |
Meta Platforms (Facebook)
META
|
+$233M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Air Products & Chemicals
APD
|
+$425M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$334M |
| 3 |
United Parcel Service
UPS
|
+$148M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$128M |
| 5 |
Vanguard Morningstar Mid-Cap ETF
VO
|
+$124M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.28% |
| 2 | Financials | 7.45% |
| 3 | Healthcare | 7.23% |
| 4 | Industrials | 6.23% |
| 5 | Consumer Discretionary | 5.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2501
CBIZ
CBZ
$2.96B
| $3.27M | ﹤0.01% |
44,118
+401
| +0.9% | +$30.3K |
|
2502
Valvoline
VVV
$4.51B
| $3.27M | ﹤0.01% |
75,626
-9,501
| -11% | -$399K |
|
2503
Crinetics Pharmaceuticals
CRNX
$8.92B
| $3.27M | ﹤0.01% |
72,920
+4,080
| +6% | +$188K |
|
2504
CALL
PepsiCo
PEP
$190B
| $3.27M | ﹤0.01% |
19,800
-40,100
| -67% | -$6.92M |
|
2505
Rocket Companies
RKT
$38.8B
| $3.26M | ﹤0.01% |
238,125
+57,514
| +32% | +$777K |
|
2506
Xtrackers MSCI Emerging Markets Hedged Equity ETF
DBEM
$108M
| $3.26M | ﹤0.01% |
131,282
+26,984
| +26% | +$658K |
|
2507
AMN Healthcare
AMN
$1.4B
| $3.25M | ﹤0.01% |
63,457
-4,773
| -7% | -$270K |
|
2508
CALL
AT&T
T
$163B
| $3.25M | ﹤0.01% |
170,000
| – | – |
|
2509
Pacer Data & Infrastructure Real Estate ETF
SRVR
$383M
| $3.24M | ﹤0.01% |
118,454
+19,428
| +20% | +$529K |
|
2510
Home BancShares
HOMB
$6.18B
| $3.24M | ﹤0.01% |
135,116
+12,726
| +10% | +$302K |
|
2511
Levi Strauss
LEVI
$9.39B
| $3.24M | ﹤0.01% |
167,845
-12,120
| -7% | -$266K |
|
2512
Deluxe
DLX
$1.15B
| $3.23M | ﹤0.01% |
143,895
+10,770
| +8% | +$230K |
|
2513
Myriad Genetics
MYGN
$312M
| $3.22M | ﹤0.01% |
131,493
-3,768
| -3% | -$82.7K |
|
2514
PUT
Petrobras
PBR
$116B
| $3.21M | ﹤0.01% |
221,600
| – | – |
|
|
GDO
2515
Western Asset Global Corporate Defined Opportunity Fund
GDO
$77.4M
| $3.2M | ﹤0.01% |
262,059
+12,531
| +5% | +$153K |
|
2516
Trinity Industries
TRN
$2.38B
| $3.2M | ﹤0.01% |
106,940
-90,647
| -46% | -$2.64M |
|
2517
Nuveen Municipal Credit Opportunities Fund
NMCO
$584M
| $3.19M | ﹤0.01% |
289,090
+26,480
| +10% | +$279K |
|
|
AWP
2518
abrdn Global Premier Properties Fund
AWP
$367M
| $3.18M | ﹤0.01% |
277,369
-65,160
| -19% | -$735K |
|
2519
Kamada
KMDA
$419M
| $3.17M | ﹤0.01% |
637,760
+12,993
| +2% | +$68.5K |
|
2520
BlackRock Core Bond Trust
BHK
$667M
| $3.17M | ﹤0.01% |
297,796
-77,176
| -21% | -$815K |
|
2521
Dorman Products
DORM
$4.18B
| $3.17M | ﹤0.01% |
34,656
-1,987
| -5% | -$182K |
|
|
BFZ
2522
DELISTED
BlackRock CA Municipal Income Trust
BFZ
| $3.17M | ﹤0.01% |
264,773
-8,367
| -3% | -$98.3K |
|
2523
CALL
Palantir
PLTR
$413B
| $3.17M | ﹤0.01% |
125,000
+25,000
| +25% | +$563K |
|
2524
Broadstone Net Lease
BNL
$4.02B
| $3.14M | ﹤0.01% |
197,588
+9,842
| +5% | +$149K |
|
2525
Vitesse Energy
VTS
$665M
| $3.13M | ﹤0.01% |
132,271
+11,433
| +9% | +$272K |
|
Similar funds
Wells Fargo's Q2 2024 Portfolio in Review
As of Q2 2024, Wells Fargo held 7,784 positions worth $412B, down 0.64% from $415B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Wells Fargo's Q2 2024 filing shows 386 new, 3,308 increased, 2,367 reduced and 944 closed positions. Its largest new stake was NextEra Energy 7.299% Corporate Units: 1,487,927 shares worth $73.6M. The largest sale was Air Products & Chemicals, an estimated $425M.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 14% a quarter earlier, followed by Financials and Healthcare.
- Wells Fargo's largest Q2 2024 buy was NextEra Energy 7.299% Corporate Units: 1,487,927 shares worth $73.6M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q2 2024, an estimated $506M increase.
- Wells Fargo's biggest Q2 2024 reduction was Air Products & Chemicals, cutting an estimated $425M.
- Wells Fargo fully exited Pioneer Natural Resource Co. in Q2 2024, selling an estimated $88.9M.
- Wells Fargo's ten largest holdings make up 19% of its $412B portfolio in Q2 2024.
- Wells Fargo opened 386 new positions and closed 944 in Q2 2024.
- Wells Fargo's portfolio value fell 0.64% quarter-over-quarter to $412B.
Based on Wells Fargo's 13F filing for Q2 2024, filed 13 Aug 2024.