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
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1B |
| 2 |
Microsoft
MSFT
|
+$878M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$748M |
| 4 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$647M |
| 5 |
Amazon
AMZN
|
+$436M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.09% |
| 2 | Healthcare | 9.01% |
| 3 | Financials | 7.29% |
| 4 | Industrials | 6.45% |
| 5 | Consumer Discretionary | 5.37% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2676
BlackRock Utilities, Infrastructure & Power Opportunities Trust
BUI
$715M
| $1.97M | ﹤0.01% |
89,939
+1,024
| +1% | +$23.2K |
|
|
ALEX
2677
DELISTED
Alexander & Baldwin
ALEX
| $1.97M | ﹤0.01% |
109,594
-52,278
| -32% | -$1.08M |
|
2678
Occidental Petroleum Corp Warrants
OXY.WS
$32B
| $1.97M | ﹤0.01% |
53,162
-1,954
| -4% | -$77.6K |
|
2679
City Holding Co
CHCO
$2.04B
| $1.97M | ﹤0.01% |
24,612
-6,914
| -22% | -$547K |
|
2680
Liberty Global Class C
LBTYK
$3.49B
| $1.97M | ﹤0.01% |
88,968
+46,943
| +112% | +$1.14M |
|
2681
AC Immune
ACIU
$240M
| $1.96M | ﹤0.01% |
541,764
+50,408
| +10% | +$172K |
|
|
WSR
2682
DELISTED
Whitestone REIT
WSR
| $1.95M | ﹤0.01% |
181,158
-47,232
| -21% | -$568K |
|
2683
VanEck Natural Resources ETF
HAP
$310M
| $1.95M | ﹤0.01% |
42,913
-79,832
| -65% | -$4.14M |
|
2684
Benchmark Electronics
BHE
$2.96B
| $1.95M | ﹤0.01% |
86,200
-37,143
| -30% | -$896K |
|
2685
Ormat Technologies
ORA
$6.64B
| $1.94M | ﹤0.01% |
24,782
-25,732
| -51% | -$2.03M |
|
2686
Rambus
RMBS
$11B
| $1.94M | ﹤0.01% |
90,237
-107,606
| -54% | -$2.66M |
|
2687
Affirm
AFRM
$25.2B
| $1.94M | ﹤0.01% |
107,297
-39,083
| -27% | -$1.06M |
|
|
ETJ
2688
Eaton Vance Risk-Managed Diversified Equity Income Fund
ETJ
$575M
| $1.94M | ﹤0.01% |
231,315
+35,108
| +18% | +$319K |
|
2689
United States Brent Oil Fund
BNO
$727M
| $1.94M | ﹤0.01% |
59,140
+20,225
| +52% | +$650K |
|
2690
Invesco Dorsey Wright Technology Momentum ETF
PTF
$656M
| $1.94M | ﹤0.01% |
53,580
-21,879
| -29% | -$869K |
|
2691
Flowers Foods
FLO
$1.57B
| $1.93M | ﹤0.01% |
73,344
-200,400
| -73% | -$5.28M |
|
2692
Zillow
Z
$7.56B
| $1.93M | ﹤0.01% |
60,817
-11,937
| -16% | -$480K |
|
2693
CVR Energy
CVI
$3.13B
| $1.93M | ﹤0.01% |
57,622
+45,976
| +395% | +$1.47M |
|
2694
iShares Global Timber & Forestry ETF
WOOD
$274M
| $1.93M | ﹤0.01% |
25,933
-55,421
| -68% | -$4.75M |
|
2695
DNP Select Income Fund
DNP
$4.09B
| $1.93M | ﹤0.01% |
177,942
-4,170
| -2% | -$47K |
|
2696
Aegon
AEG
$14.1B
| $1.92M | ﹤0.01% |
448,969
-17,512
| -4% | -$86.9K |
|
2697
Nuveen New York Quality Municipal Income Fund
NAN
$373M
| $1.92M | ﹤0.01% |
163,721
+1,735
| +1% | +$20.3K |
|
|
FINS
2698
Angel Oak Financial Strategies Income Term Trust
FINS
$421M
| $1.92M | ﹤0.01% |
131,735
+2,943
| +2% | +$43.5K |
|
|
FPI
2699
Farmland Partners
FPI
$432M
| $1.92M | ﹤0.01% |
139,026
+4,893
| +4% | +$71.2K |
|
2700
PUT
Meta Platforms (Facebook)
META
$1.51T
| $1.92M | ﹤0.01% |
11,900
-24,800
| -68% | -$4.78M |
|
Similar funds
Wells Fargo's Q2 2022 Portfolio in Review
As of Q2 2022, Wells Fargo held 8,080 positions worth $323B, down 17% from $390B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Wells Fargo withdrew a net $12.6B in Q2 2022, closing 375 positions and reducing 4,229 holdings. Its most notable exit was People's United Financial Inc, an estimated $250M position sold in full.
By sector, the portfolio is most concentrated in Technology at 13% of assets, down from 15% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Wells Fargo opened a new position in Aspen Technology Inc worth $80.2M.
- Wells Fargo's largest Q2 2022 buy was Aspen Technology Inc: 436,654 shares worth $80.2M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q2 2022, an estimated $2.47B increase.
- Wells Fargo's biggest Q2 2022 reduction was Apple, cutting an estimated $1B.
- Wells Fargo fully exited People's United Financial Inc in Q2 2022, selling an estimated $250M.
- Wells Fargo's ten largest holdings make up 18% of its $323B portfolio in Q2 2022.
- Wells Fargo opened 272 new positions and closed 375 in Q2 2022.
- Wells Fargo's portfolio value fell 17% quarter-over-quarter to $323B.
Based on Wells Fargo's 13F filing for Q2 2022, filed 12 Aug 2022.