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
|
+$3.29B |
| 2 |
iShares Core MSCI EAFE ETF
IEFA
|
+$1.37B |
| 3 |
Invesco QQQ Trust
QQQ
|
+$642M |
| 4 |
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
|
+$498M |
| 5 |
Nike
NKE
|
+$221M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Morningstar Mid-Cap ETF
VO
|
+$1.24B |
| 2 |
Clorox
CLX
|
+$326M |
| 3 |
Walmart Inc
WMT
|
+$228M |
| 4 |
iShares Russell Mid-Cap ETF
IWR
|
+$152M |
| 5 |
Microsoft
MSFT
|
+$151M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.61% |
| 2 | Healthcare | 8.1% |
| 3 | Financials | 6.84% |
| 4 | Industrials | 6.48% |
| 5 | Consumer Discretionary | 5.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2551
Cerence
CRNC
$416M
| $2.72M | ﹤0.01% |
93,057
+46,315
| +99% | +$1.27M |
|
2552
iShares MSCI Taiwan ETF
EWT
$10.7B
| $2.72M | ﹤0.01% |
57,816
-49,277
| -46% | -$2.25M |
|
2553
Greif
GEF
$5.05B
| $2.72M | ﹤0.01% |
39,421
-6,830
| -15% | -$439K |
|
|
PMT
2554
PennyMac Mortgage Investment
PMT
$844M
| $2.71M | ﹤0.01% |
201,315
-13,608
| -6% | -$166K |
|
2555
CALL
Academy Sports + Outdoors
ASO
$2.98B
| $2.7M | ﹤0.01% |
50,000
-50,000
| -50% | -$2.87M |
|
2556
Maximus
MMS
$3.16B
| $2.7M | ﹤0.01% |
31,946
+11,573
| +57% | +$952K |
|
2557
Ternium
TX
$10.7B
| $2.69M | ﹤0.01% |
67,858
+14,412
| +27% | +$581K |
|
|
FTCH
2558
DELISTED
Farfetch Limited Class A Ordinary Shares
FTCH
| $2.68M | ﹤0.01% |
443,495
+42,045
| +10% | +$203K |
|
2559
State Street SPDR Bloomberg Emerging Markets Local Bond ETF
EBND
$2.29B
| $2.67M | ﹤0.01% |
126,390
-136,653
| -52% | -$2.89M |
|
2560
Genius Sports
GENI
$2.09B
| $2.67M | ﹤0.01% |
431,753
+52,032
| +14% | +$261K |
|
2561
Abercrombie & Fitch
ANF
$4.99B
| $2.67M | ﹤0.01% |
70,798
-40,348
| -36% | -$1.15M |
|
2562
Kenvue
KVUE
$37B
| $2.66M | ﹤0.01% |
+100,738
| New | +$2.63M |
|
2563
Iovance Biotherapeutics
IOVA
$2.79B
| $2.66M | ﹤0.01% |
377,970
+130,053
| +52% | +$931K |
|
2564
Magnolia Oil & Gas
MGY
$5.93B
| $2.66M | ﹤0.01% |
127,299
+40,262
| +46% | +$833K |
|
|
TE
2565
T1 Energy
TE
$1.64B
| $2.66M | ﹤0.01% |
284,477
+49,127
| +21% | +$369K |
|
2566
Uranium Energy
UEC
$5.59B
| $2.66M | ﹤0.01% |
781,321
+47,696
| +7% | +$136K |
|
2567
Invesco BulletShares 2028 High Yield Corporate Bond ETF
BSJS
$735M
| $2.65M | ﹤0.01% |
126,286
-1,400
| -1% | -$29.3K |
|
2568
VanEck Long Muni ETF
MLN
$683M
| $2.64M | ﹤0.01% |
147,310
-4,680
| -3% | -$83.8K |
|
2569
Revolution Medicines
RVMD
$43.7B
| $2.64M | ﹤0.01% |
98,665
+27,249
| +38% | +$669K |
|
|
BWG
2570
BrandywineGLOBAL Global Income Opportunities Fund
BWG
$131M
| $2.64M | ﹤0.01% |
328,163
+5,395
| +2% | +$42.5K |
|
2571
Copa Holdings
CPA
$5.75B
| $2.64M | ﹤0.01% |
23,842
+462
| +2% | +$46.3K |
|
2572
PUT
Verizon
VZ
$195B
| $2.63M | ﹤0.01% |
70,800
+23,700
| +50% | +$877K |
|
2573
Ashland
ASH
$3.34B
| $2.63M | ﹤0.01% |
30,247
-42,511
| -58% | -$3.93M |
|
|
B
2574
DELISTED
Barnes Group Inc.
B
| $2.63M | ﹤0.01% |
62,279
+9,182
| +17% | +$374K |
|
2575
Global X Cloud Computing ETF
CLOU
$263M
| $2.63M | ﹤0.01% |
132,412
-4,547
| -3% | -$82K |
|
Similar funds
Wells Fargo's Q2 2023 Portfolio in Review
As of Q2 2023, Wells Fargo held 7,830 positions worth $362B, up 4.4% from $347B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Wells Fargo's Q2 2023 filing shows 390 new, 3,910 increased, 2,322 reduced and 274 closed positions. Its largest new stake was State Street SPDR US Large Cap Low Volatility Index ETF: 257,436 shares worth $36.2M. The largest sale was Vanguard Morningstar Mid-Cap ETF, an estimated $1.24B.
By sector, the portfolio is most concentrated in Technology at 15% of assets, up from 14% a quarter earlier, followed by Healthcare and Financials.
- Wells Fargo's largest Q2 2023 buy was State Street SPDR US Large Cap Low Volatility Index ETF: 257,436 shares worth $36.2M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q2 2023, an estimated $3.29B increase.
- Wells Fargo's biggest Q2 2023 reduction was Vanguard Morningstar Mid-Cap ETF, cutting an estimated $1.24B.
- Wells Fargo fully exited ABB Ltd in Q2 2023, selling an estimated $67.4M.
- Wells Fargo's ten largest holdings make up 18% of its $362B portfolio in Q2 2023.
- Wells Fargo opened 390 new positions and closed 274 in Q2 2023.
- Wells Fargo's portfolio value rose 4.4% quarter-over-quarter to $362B.
Based on Wells Fargo's 13F filing for Q2 2023, filed 15 Aug 2023.