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
|
+$506M |
| 2 |
Microsoft
MSFT
|
+$336M |
| 3 |
Amazon
AMZN
|
+$287M |
| 4 |
Apple
AAPL
|
+$269M |
| 5 |
Meta Platforms (Facebook)
META
|
+$233M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Air Products & Chemicals
APD
|
+$425M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$334M |
| 3 |
United Parcel Service
UPS
|
+$148M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$128M |
| 5 |
Vanguard Morningstar Mid-Cap ETF
VO
|
+$124M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.28% |
| 2 | Financials | 7.45% |
| 3 | Healthcare | 7.23% |
| 4 | Industrials | 6.23% |
| 5 | Consumer Discretionary | 5.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2601
iShares International Developed Real Estate ETF
IFGL
$83.2M
| $2.89M | ﹤0.01% |
146,092
-22,477
| -13% | -$463K |
|
2602
RxSight
RXST
$260M
| $2.89M | ﹤0.01% |
48,055
+12,138
| +34% | +$694K |
|
2603
Knowles
KN
$3.34B
| $2.89M | ﹤0.01% |
167,366
+36,170
| +28% | +$607K |
|
2604
Telefônica Brasil
VIV
$19.2B
| $2.89M | ﹤0.01% |
351,512
-11,304
| -3% | -$102K |
|
|
MVF
2605
DELISTED
BlackRock MuniVest Fund
MVF
| $2.88M | ﹤0.01% |
402,110
-57,732
| -13% | -$404K |
|
|
RIV
2606
RiverNorth Opportunities Fund
RIV
$317M
| $2.88M | ﹤0.01% |
235,322
+34,244
| +17% | +$410K |
|
2607
Glaukos
GKOS
$10.6B
| $2.88M | ﹤0.01% |
24,329
+5,259
| +28% | +$558K |
|
|
BTA
2608
DELISTED
BlackRock Long-Term Municipal Advantage Trust
BTA
| $2.88M | ﹤0.01% |
284,058
-17,801
| -6% | -$178K |
|
2609
State Street SPDR S&P Pharmaceuticals ETF
XPH
$508M
| $2.87M | ﹤0.01% |
72,196
+4,318
| +6% | +$175K |
|
2610
New Mountain Finance
NMFC
$732M
| $2.87M | ﹤0.01% |
234,609
+1,514
| +0.6% | +$19K |
|
2611
Amphastar Pharmaceuticals
AMPH
$916M
| $2.87M | ﹤0.01% |
71,786
+14,545
| +25% | +$603K |
|
|
ATSG
2612
DELISTED
Air Transport Services Group
ATSG
| $2.87M | ﹤0.01% |
206,867
-63,274
| -23% | -$839K |
|
2613
Howard Hughes
HHH
$4.03B
| $2.87M | ﹤0.01% |
46,388
-8,704
| -16% | -$546K |
|
2614
Matsons
MATX
$6.18B
| $2.86M | ﹤0.01% |
21,859
+5,450
| +33% | +$634K |
|
2615
NGL Energy Partners
NGL
$2.11B
| $2.86M | ﹤0.01% |
565,298
-62,240
| -10% | -$352K |
|
2616
AZZ Inc
AZZ
$4.54B
| $2.85M | ﹤0.01% |
36,937
+6,069
| +20% | +$474K |
|
2617
Royal Gold
RGLD
$19.5B
| $2.85M | ﹤0.01% |
22,771
-2,694
| -11% | -$336K |
|
2618
RingCentral
RNG
$5.28B
| $2.84M | ﹤0.01% |
100,867
-2,884
| -3% | -$92.8K |
|
|
WIRE
2619
DELISTED
Encore Wire Corp
WIRE
| $2.84M | ﹤0.01% |
9,808
+80
| +0.8% | +$22.5K |
|
|
CTLT
2620
DELISTED
CATALENT, INC.
CTLT
| $2.84M | ﹤0.01% |
50,450
+41,781
| +482% | +$2.33M |
|
|
AXNX
2621
DELISTED
Axonics, Inc. Common Stock
AXNX
| $2.84M | ﹤0.01% |
42,192
+5,721
| +16% | +$385K |
|
2622
Bread Financial
BFH
$4.38B
| $2.83M | ﹤0.01% |
63,575
+29,558
| +87% | +$1.16M |
|
2623
Invesco Quality Municipal Securities
IQI
$534M
| $2.83M | ﹤0.01% |
284,798
+17,668
| +7% | +$170K |
|
2624
Mesa Laboratories
MLAB
$574M
| $2.82M | ﹤0.01% |
32,522
-74
| -0.2% | -$7.75K |
|
|
STR
2625
DELISTED
Sitio Royalties
STR
| $2.82M | ﹤0.01% |
119,488
+623
| +0.5% | +$14.7K |
|
Similar funds
Wells Fargo's Q2 2024 Portfolio in Review
As of Q2 2024, Wells Fargo held 7,784 positions worth $412B, down 0.64% from $415B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Wells Fargo's Q2 2024 filing shows 386 new, 3,308 increased, 2,367 reduced and 944 closed positions. Its largest new stake was NextEra Energy 7.299% Corporate Units: 1,487,927 shares worth $73.6M. The largest sale was Air Products & Chemicals, an estimated $425M.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 14% a quarter earlier, followed by Financials and Healthcare.
- Wells Fargo's largest Q2 2024 buy was NextEra Energy 7.299% Corporate Units: 1,487,927 shares worth $73.6M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q2 2024, an estimated $506M increase.
- Wells Fargo's biggest Q2 2024 reduction was Air Products & Chemicals, cutting an estimated $425M.
- Wells Fargo fully exited Pioneer Natural Resource Co. in Q2 2024, selling an estimated $88.9M.
- Wells Fargo's ten largest holdings make up 19% of its $412B portfolio in Q2 2024.
- Wells Fargo opened 386 new positions and closed 944 in Q2 2024.
- Wells Fargo's portfolio value fell 0.64% quarter-over-quarter to $412B.
Based on Wells Fargo's 13F filing for Q2 2024, filed 13 Aug 2024.