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 |
iShares Core MSCI EAFE ETF
IEFA
|
+$731M |
| 2 |
Amazon
AMZN
|
+$442M |
| 3 |
S&P Global
SPGI
|
+$385M |
| 4 |
ARK Innovation ETF
ARKK
|
+$253M |
| 5 |
UnitedHealth
UNH
|
+$245M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.71B |
| 2 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$1.05B |
| 3 |
Apple
AAPL
|
+$629M |
| 4 |
US Bancorp
USB
|
+$575M |
| 5 |
Microsoft
MSFT
|
+$443M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.15% |
| 2 | Healthcare | 8.09% |
| 3 | Financials | 7.18% |
| 4 | Industrials | 6.24% |
| 5 | Consumer Discretionary | 5.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
DISH
2551
DELISTED
DISH Network Corp.
DISH
| $2.42M | ﹤0.01% |
413,710
+166,292
| +67% | +$1.13M |
|
2552
Fidelity MSCI Industrials Index ETF
FIDU
$2.39B
| $2.42M | ﹤0.01% |
44,753
+3,656
| +9% | +$208K |
|
2553
Telephone and Data Systems
TDS
$3.75B
| $2.42M | ﹤0.01% |
131,948
-23,166
| -15% | -$334K |
|
2554
State Street SPDR S&P Software & Services ETF
XSW
$484M
| $2.41M | ﹤0.01% |
19,002
+2,821
| +17% | +$376K |
|
2555
iShares New York Muni Bond ETF
NYF
$1.4B
| $2.41M | ﹤0.01% |
47,244
-1,186
| -2% | -$62.4K |
|
2556
CAVA Group
CAVA
$7.27B
| $2.41M | ﹤0.01% |
78,664
+67,588
| +610% | +$2.95M |
|
2557
iShares Core MSCI Pacific ETF
IPAC
$2.77B
| $2.41M | ﹤0.01% |
43,294
-1,871
| -4% | -$107K |
|
2558
Ternium
TX
$10.6B
| $2.4M | ﹤0.01% |
60,179
-7,679
| -11% | -$317K |
|
2559
Ascent Industries
ACNT
$141M
| $2.4M | ﹤0.01% |
270,658
+35,068
| +15% | +$313K |
|
2560
PUT
Amgen
AMGN
$222B
| $2.39M | ﹤0.01% |
8,900
-4,300
| -33% | -$1.07M |
|
2561
iShares iBonds Dec 2032 Term Treasury ETF
IBTM
$560M
| $2.39M | ﹤0.01% |
108,584
+51,869
| +91% | +$1.18M |
|
2562
John B. Sanfilippo & Son
JBSS
$972M
| $2.38M | ﹤0.01% |
24,139
-2,722
| -10% | -$286K |
|
|
SOR
2563
Source Capital
SOR
$385M
| $2.38M | ﹤0.01% |
61,756
-1,985
| -3% | -$77.2K |
|
2564
BlackRock MuniYield Michigan Quality Fund
MIY
$353M
| $2.38M | ﹤0.01% |
239,816
+15,091
| +7% | +$163K |
|
2565
Shoals Technologies Group
SHLS
$1.5B
| $2.38M | ﹤0.01% |
130,456
-33,718
| -21% | -$750K |
|
2566
Saratoga Investment
SAR
$322M
| $2.38M | ﹤0.01% |
92,426
+6,322
| +7% | +$166K |
|
2567
B&G Foods
BGS
$286M
| $2.37M | ﹤0.01% |
239,876
-26,199
| -10% | -$325K |
|
|
EUHY
2568
iShares Euro High Yield Corporate Bond USD Hedged ETF
EUHY
$246M
| $2.37M | ﹤0.01% |
51,442
+6,858
| +15% | +$324K |
|
2569
Invesco S&P 500 Equal Weight Utilities ETF
RSPU
$530M
| $2.37M | ﹤0.01% |
47,132
-18,568
| -28% | -$1.01M |
|
|
CADE
2570
DELISTED
Cadence Bank
CADE
| $2.37M | ﹤0.01% |
111,617
-43,207
| -28% | -$975K |
|
2571
Invesco Zacks Mid-Cap ETF
CZA
$192M
| $2.37M | ﹤0.01% |
27,796
+402
| +1% | +$35.6K |
|
2572
Spire
SR
$4.85B
| $2.36M | ﹤0.01% |
41,768
-3,116
| -7% | -$189K |
|
2573
Beam Therapeutics
BEAM
$2.84B
| $2.36M | ﹤0.01% |
98,120
+12,471
| +15% | +$334K |
|
2574
Wintrust Financial
WTFC
$10.7B
| $2.36M | ﹤0.01% |
31,227
-94
| -0.3% | -$7.39K |
|
2575
Greif
GEF
$5.04B
| $2.35M | ﹤0.01% |
35,246
-4,175
| -11% | -$296K |
|
Similar funds
Wells Fargo's Q3 2023 Portfolio in Review
As of Q3 2023, Wells Fargo held 7,828 positions worth $341B, down 5.8% from $362B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Wells Fargo's Q3 2023 filing shows 318 new, 2,125 increased, 4,030 reduced and 353 closed positions. Its largest new stake was TKO Group: 129,045 shares worth $10.8M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $3.71B.
By sector, the portfolio is most concentrated in Technology at 14% of assets, down from 15% a quarter earlier, followed by Healthcare and Financials.
- Wells Fargo's largest Q3 2023 buy was TKO Group: 129,045 shares worth $10.8M.
- Wells Fargo added most to iShares Core MSCI EAFE ETF in Q3 2023, an estimated $731M increase.
- Wells Fargo's biggest Q3 2023 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $3.71B.
- Wells Fargo fully exited PG&E Corporation in Q3 2023, selling an estimated $86.2M.
- Wells Fargo's ten largest holdings make up 18% of its $341B portfolio in Q3 2023.
- Wells Fargo opened 318 new positions and closed 353 in Q3 2023.
- Wells Fargo's portfolio value fell 5.8% quarter-over-quarter to $341B.
Based on Wells Fargo's 13F filing for Q3 2023, filed 13 Nov 2023.