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 |
Invesco QQQ Trust
QQQ
|
+$503M |
| 2 |
Chevron
CVX
|
+$472M |
| 3 |
Vanguard Long-Term Bond ETF
BLV
|
+$374M |
| 4 |
EOG Resources
EOG
|
+$354M |
| 5 |
ARK Innovation ETF
ARKK
|
+$253M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$5.2B |
| 2 |
M&T Bank
MTB
|
+$313M |
| 3 |
iShares Core 60/40 Balanced Allocation ETF
AOR
|
+$304M |
| 4 |
Apple
AAPL
|
+$197M |
| 5 |
iShares Core 80/20 Aggressive Allocation ETF
AOA
|
+$194M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.55% |
| 2 | Healthcare | 8.23% |
| 3 | Financials | 6.88% |
| 4 | Industrials | 6.54% |
| 5 | Consumer Discretionary | 5.29% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2526
City Holding Co
CHCO
$2.04B
| $2.67M | ﹤0.01% |
29,348
+4,560
| +18% | +$431K |
|
2527
Fidelity MSCI Materials Index ETF
FMAT
$617M
| $2.66M | ﹤0.01% |
58,291
-5,463
| -9% | -$250K |
|
2528
Global Water Resources
GWRS
$219M
| $2.66M | ﹤0.01% |
213,706
+2,945
| +1% | +$39.8K |
|
|
OSG
2529
Octave Specialty Group
OSG
$222M
| $2.66M | ﹤0.01% |
171,549
-8,059
| -4% | -$130K |
|
|
PMT
2530
PennyMac Mortgage Investment
PMT
$842M
| $2.65M | ﹤0.01% |
214,923
+1,502
| +0.7% | +$20.2K |
|
|
DBL
2531
DoubleLine Opportunistic Credit Fund
DBL
$280M
| $2.65M | ﹤0.01% |
186,726
+14,905
| +9% | +$223K |
|
2532
Deluxe
DLX
$1.15B
| $2.65M | ﹤0.01% |
165,434
+48,478
| +41% | +$884K |
|
2533
Capri Holdings
CPRI
$1.74B
| $2.65M | ﹤0.01% |
56,306
-67,039
| -54% | -$3.6M |
|
|
ODP
2534
DELISTED
ODP
ODP
| $2.64M | ﹤0.01% |
58,762
-54
| -0.1% | -$2.63K |
|
|
CSW
2535
CSW Industrials
CSW
$5.71B
| $2.64M | ﹤0.01% |
19,022
+3,960
| +26% | +$535K |
|
2536
MannKind Corp
MNKD
$1.32B
| $2.64M | ﹤0.01% |
643,742
+292,483
| +83% | +$1.41M |
|
2537
Primoris Services
PRIM
$4.45B
| $2.64M | ﹤0.01% |
107,013
+14,613
| +16% | +$369K |
|
|
PDCE
2538
DELISTED
PDC Energy, Inc.
PDCE
| $2.62M | ﹤0.01% |
40,880
+7,733
| +23% | +$500K |
|
|
ASG
2539
Liberty All-Star Growth Fund
ASG
$341M
| $2.62M | ﹤0.01% |
496,570
+32,196
| +7% | +$168K |
|
2540
C3.ai
AI
$1.59B
| $2.62M | ﹤0.01% |
77,951
+52,357
| +205% | +$1.07M |
|
|
SABA
2541
Saba Capital Income & Opportunities Fund II
SABA
$223M
| $2.62M | ﹤0.01% |
297,239
+19,931
| +7% | +$173K |
|
2542
Invesco S&P SmallCap Materials ETF
PSCM
$21.6M
| $2.61M | ﹤0.01% |
38,696
+15,426
| +66% | +$1.05M |
|
2543
Viasat
VSAT
$11.1B
| $2.61M | ﹤0.01% |
77,168
+13,099
| +20% | +$447K |
|
|
FCO
2544
DELISTED
abrdn Global Income Fund
FCO
| $2.6M | ﹤0.01% |
512,481
+49,046
| +11% | +$265K |
|
2545
BlackRock TCP Capital
TCPC
$345M
| $2.59M | ﹤0.01% |
251,865
-42,316
| -14% | -$512K |
|
|
ITIC
2546
Investors Title Co
ITIC
$547M
| $2.59M | ﹤0.01% |
17,166
+98
| +0.6% | +$15.1K |
|
2547
Schwab Fundamental US Large Company Index ETF
FNDX
$27.3B
| $2.59M | ﹤0.01% |
141,384
-792
| -0.6% | -$14.5K |
|
|
MCR
2548
DELISTED
MFS Charter Income Trust
MCR
| $2.59M | ﹤0.01% |
411,457
+8,430
| +2% | +$54.7K |
|
2549
Cytokinetics
CYTK
$10.4B
| $2.59M | ﹤0.01% |
73,471
+48,592
| +195% | +$1.98M |
|
|
CPE
2550
DELISTED
Callon Petroleum Company
CPE
| $2.58M | ﹤0.01% |
77,220
+345
| +0.4% | +$13K |
|
Similar funds
Wells Fargo's Q1 2023 Portfolio in Review
As of Q1 2023, Wells Fargo held 7,943 positions worth $347B, up 4.2% from $333B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Wells Fargo's Q1 2023 filing shows 427 new, 3,865 increased, 2,015 reduced and 474 closed positions. Its largest new stake was GE HealthCare: 686,371 shares worth $56.3M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $5.2B.
By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 12% a quarter earlier, followed by Healthcare and Financials.
- Wells Fargo's largest Q1 2023 buy was GE HealthCare: 686,371 shares worth $56.3M.
- Wells Fargo added most to Invesco QQQ Trust in Q1 2023, an estimated $503M increase.
- Wells Fargo's biggest Q1 2023 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $5.2B.
- Wells Fargo fully exited STORE Capital Corporation in Q1 2023, selling an estimated $25.9M.
- Wells Fargo's ten largest holdings make up 17% of its $347B portfolio in Q1 2023.
- Wells Fargo opened 427 new positions and closed 474 in Q1 2023.
- Wells Fargo's portfolio value rose 4.2% quarter-over-quarter to $347B.
Based on Wells Fargo's 13F filing for Q1 2023, filed 12 May 2023.