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 | |
|---|---|---|---|---|---|---|
2601
Invesco China Technology ETF
CQQQ
$3.31B
| $2.39M | ﹤0.01% |
51,226
-11,879
| -19% | -$552K |
|
2602
CALL
Take-Two Interactive
TTWO
$46.1B
| $2.39M | ﹤0.01% |
+20,000
| New | +$2.23M |
|
2603
Nuveen Global High Income Fund
JGH
$356M
| $2.38M | ﹤0.01% |
214,967
-14,640
| -6% | -$171K |
|
2604
Principal Exchange-Traded Funds Principal US Small-Cap ETF
PSC
$2.31B
| $2.38M | ﹤0.01% |
59,445
+9,336
| +19% | +$386K |
|
2605
EPR Properties
EPR
$4.77B
| $2.38M | ﹤0.01% |
62,527
-12,131
| -16% | -$483K |
|
2606
PUT
Uber
UBER
$153B
| $2.38M | ﹤0.01% |
75,000
| – | – |
|
2607
PUT
McDonald's
MCD
$195B
| $2.38M | ﹤0.01% |
8,500
+5,200
| +158% | +$1.39M |
|
2608
PIMCO Broad US TIPS Index Exchange-Traded Fund
TIPZ
$88.4M
| $2.38M | ﹤0.01% |
42,570
-26,402
| -38% | -$1.45M |
|
2609
Avista
AVA
$3.24B
| $2.37M | ﹤0.01% |
55,777
-115,321
| -67% | -$4.78M |
|
|
AMED
2610
DELISTED
Amedisys
AMED
| $2.36M | ﹤0.01% |
32,143
-1,121
| -3% | -$97K |
|
2611
Eastern Company
EML
$150M
| $2.36M | ﹤0.01% |
121,100
+1,745
| +1% | +$36.5K |
|
2612
StoneCo
STNE
$2.58B
| $2.36M | ﹤0.01% |
246,972
+78,335
| +46% | +$750K |
|
2613
Zurn Elkay Water Solutions
ZWS
$8.53B
| $2.35M | ﹤0.01% |
109,946
+16,432
| +18% | +$362K |
|
2614
Community Bank
CBU
$3.41B
| $2.35M | ﹤0.01% |
44,701
+9,445
| +27% | +$553K |
|
|
NXJ
2615
DELISTED
Nuveen New Jersey Quality Municipal Income Fund
NXJ
| $2.33M | ﹤0.01% |
199,315
+23,252
| +13% | +$271K |
|
2616
Invesco Floating Rate Municipal Income ETF
PVI
$31.1M
| $2.32M | ﹤0.01% |
93,120
-27,279
| -23% | -$681K |
|
2617
AdvisorShares Dorsey Wright ADR ETF
AADR
$38.8M
| $2.32M | ﹤0.01% |
48,619
-9,872
| -17% | -$479K |
|
2618
IPG Photonics
IPGP
$3.84B
| $2.32M | ﹤0.01% |
18,814
+2,394
| +15% | +$277K |
|
2619
CALL
Danaher
DHR
$144B
| $2.32M | ﹤0.01% |
10,378
+9,701
| +1,433% | +$2.21M |
|
2620
Invesco Municipal Opportunity Trust
VMO
$663M
| $2.32M | ﹤0.01% |
236,197
-15,344
| -6% | -$149K |
|
2621
Invesco Pharmaceuticals ETF
PJP
$498M
| $2.32M | ﹤0.01% |
30,474
-3,685
| -11% | -$284K |
|
|
SOR
2622
Source Capital
SOR
$385M
| $2.32M | ﹤0.01% |
61,284
+6,428
| +12% | +$245K |
|
2623
CALL
UnitedHealth
UNH
$370B
| $2.32M | ﹤0.01% |
4,900
+4,300
| +717% | +$2.08M |
|
2624
Federated Hermes
FHI
$4.72B
| $2.31M | ﹤0.01% |
57,637
+18,018
| +45% | +$707K |
|
2625
CALL
Honeywell
HON
$78B
| $2.31M | ﹤0.01% |
12,838
+7,639
| +147% | +$1.44M |
|
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.