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 | |
|---|---|---|---|---|---|---|
|
KREF
2601
KKR Real Estate Finance Trust
KREF
$499M
| $2.28M | ﹤0.01% |
191,750
+20,964
| +12% | +$258K |
|
2602
Fox Class B
FOX
$23.9B
| $2.27M | ﹤0.01% |
78,704
-49,955
| -39% | -$1.53M |
|
2603
Invesco Floating Rate Municipal Income ETF
PVI
$31.1M
| $2.27M | ﹤0.01% |
91,368
-963
| -1% | -$23.9K |
|
|
PVL
2604
Permianville Royalty Trust
PVL
$57.1M
| $2.27M | ﹤0.01% |
891,872
-5,773
| -0.6% | -$15.6K |
|
2605
Invesco
IVZ
$13.9B
| $2.26M | ﹤0.01% |
155,565
-32,036
| -17% | -$516K |
|
|
HBI
2606
DELISTED
Hanesbrands
HBI
| $2.26M | ﹤0.01% |
569,578
-109,975
| -16% | -$533K |
|
2607
Hartford Multifactor Emerging Markets ETF
ROAM
$110M
| $2.25M | ﹤0.01% |
106,707
-79
| -0.1% | -$1.7K |
|
2608
Kratos Defense & Security Solutions
KTOS
$11.4B
| $2.24M | ﹤0.01% |
149,287
-13,917
| -9% | -$207K |
|
2609
JPMorgan Diversified Return Emerging Markets Equity ETF
JPEM
$395M
| $2.24M | ﹤0.01% |
44,483
-14,207
| -24% | -$730K |
|
|
VLD
2610
DELISTED
Velo3D, Inc.
VLD
| $2.24M | ﹤0.01% |
41,029
-2,516
| -6% | -$156K |
|
|
ESGR
2611
DELISTED
Enstar Group
ESGR
| $2.24M | ﹤0.01% |
9,238
-1,923
| -17% | -$482K |
|
2612
State Street SPDR S&P Transportation ETF
XTN
$398M
| $2.23M | ﹤0.01% |
29,826
-18,237
| -38% | -$1.49M |
|
2613
Liberty Energy
LBRT
$3.25B
| $2.23M | ﹤0.01% |
120,613
-29,529
| -20% | -$487K |
|
2614
Grand Canyon Education
LOPE
$3.98B
| $2.23M | ﹤0.01% |
19,072
-102,480
| -84% | -$11.4M |
|
2615
First Trust Switzerland AlphaDEX Fund
FSZ
$37.5M
| $2.23M | ﹤0.01% |
38,631
-14,599
| -27% | -$887K |
|
2616
Novanta
NOVT
$6.29B
| $2.22M | ﹤0.01% |
15,482
-17,488
| -53% | -$2.85M |
|
2617
DigitalBridge
DBRG
$2.95B
| $2.22M | ﹤0.01% |
126,281
-14,932
| -11% | -$247K |
|
|
SABA
2618
Saba Capital Income & Opportunities Fund II
SABA
$223M
| $2.22M | ﹤0.01% |
287,422
-7,218
| -2% | -$59.3K |
|
2619
Noble Corp
NE
$6.51B
| $2.22M | ﹤0.01% |
43,787
-2,843
| -6% | -$145K |
|
|
MYD
2620
DELISTED
BlackRock MuniYield Fund
MYD
| $2.21M | ﹤0.01% |
240,999
-6,341
| -3% | -$64.2K |
|
2621
ArcelorMittal
MT
$55.3B
| $2.21M | ﹤0.01% |
88,331
-17,700
| -17% | -$471K |
|
2622
Arcosa
ACA
$7.11B
| $2.21M | ﹤0.01% |
30,672
-8,436
| -22% | -$640K |
|
|
BFK
2623
DELISTED
BlackRock Municipal Income Trust
BFK
| $2.21M | ﹤0.01% |
248,608
+56,405
| +29% | +$547K |
|
2624
Rogers Communications
RCI
$18.6B
| $2.2M | ﹤0.01% |
57,349
+668
| +1% | +$28K |
|
2625
Duolingo
DUOL
$6.12B
| $2.2M | ﹤0.01% |
13,240
-6,115
| -32% | -$899K |
|
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.