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
|
+$790M |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$649M |
| 3 |
iShares Core MSCI EAFE ETF
IEFA
|
+$257M |
| 4 |
Amazon
AMZN
|
+$211M |
| 5 |
Vanguard Total Bond Market
BND
|
+$185M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$487M |
| 2 |
Microsoft
MSFT
|
+$287M |
| 3 |
Xtrackers USD High Yield Corporate Bond ETF
HYLB
|
+$162M |
| 4 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$144M |
| 5 |
Donaldson
DCI
|
+$137M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.38% |
| 2 | Healthcare | 7.44% |
| 3 | Financials | 7.25% |
| 4 | Industrials | 6.34% |
| 5 | Consumer Discretionary | 5.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
BRDG
2701
DELISTED
Bridge Investment Group
BRDG
| $2.29M | ﹤0.01% |
233,656
+70,838
| +44% | +$574K |
|
|
TEI
2702
Templeton Emerging Markets Income Fund
TEI
$321M
| $2.28M | ﹤0.01% |
447,975
-140,874
| -24% | -$676K |
|
2703
Lazard
LAZ
$4.31B
| $2.28M | ﹤0.01% |
65,566
-17,810
| -21% | -$536K |
|
2704
Sprout Social
SPT
$621M
| $2.28M | ﹤0.01% |
37,059
+13,090
| +55% | +$690K |
|
|
BPMC
2705
DELISTED
Blueprint Medicines
BPMC
| $2.27M | ﹤0.01% |
24,648
-28,270
| -53% | -$1.83M |
|
|
AFT
2706
DELISTED
Apollo Senior Floating Rate Fund Inc.
AFT
| $2.27M | ﹤0.01% |
171,480
-298,764
| -64% | -$3.92M |
|
2707
Amphastar Pharmaceuticals
AMPH
$916M
| $2.27M | ﹤0.01% |
36,662
+8,439
| +30% | +$443K |
|
2708
Core Laboratories
CLB
$521M
| $2.26M | ﹤0.01% |
128,178
-46,428
| -27% | -$935K |
|
2709
Veracyte
VCYT
$3.8B
| $2.26M | ﹤0.01% |
82,260
-33,334
| -29% | -$805K |
|
2710
Invesco S&P 500 Equal Weight Financials ETF
RSPF
$309M
| $2.26M | ﹤0.01% |
38,612
-855
| -2% | -$45.5K |
|
2711
Nuveen Municipal Credit Opportunities Fund
NMCO
$584M
| $2.26M | ﹤0.01% |
226,721
+52,962
| +30% | +$509K |
|
|
RFM
2712
RiverNorth Flexible Municipal Income Fund
RFM
$91.2M
| $2.26M | ﹤0.01% |
146,106
-5,284
| -3% | -$76.1K |
|
|
SCD
2713
LMP Capital and Income Fund
SCD
$358M
| $2.26M | ﹤0.01% |
161,122
-5,714
| -3% | -$72.6K |
|
2714
Vaxcyte
PCVX
$8.64B
| $2.25M | ﹤0.01% |
35,813
-24,595
| -41% | -$1.28M |
|
2715
Global X Cloud Computing ETF
CLOU
$263M
| $2.25M | ﹤0.01% |
99,200
-15,193
| -13% | -$303K |
|
|
NTG
2716
DELISTED
Tortoise Midstream Energy Fund, Inc. Common Stock
NTG
| $2.24M | ﹤0.01% |
64,531
-13,094
| -17% | -$444K |
|
2717
Nutanix
NTNX
$16.9B
| $2.24M | ﹤0.01% |
47,020
-742
| -2% | -$30K |
|
2718
Rocket Companies
RKT
$38.9B
| $2.24M | ﹤0.01% |
154,623
-18,014
| -10% | -$173K |
|
2719
S&T Bancorp
STBA
$1.79B
| $2.24M | ﹤0.01% |
66,976
+51,594
| +335% | +$1.48M |
|
2720
Invesco S&P 500 Equal Weight Utilities ETF
RSPU
$533M
| $2.24M | ﹤0.01% |
40,983
-6,149
| -13% | -$323K |
|
2721
Madison Square Garden
MSGE
$3.62B
| $2.23M | ﹤0.01% |
70,286
-536
| -0.8% | -$16.7K |
|
2722
Western Union
WU
$2.21B
| $2.23M | ﹤0.01% |
187,317
+43,555
| +30% | +$531K |
|
2723
Upwork
UPWK
$1.19B
| $2.23M | ﹤0.01% |
149,724
+116,746
| +354% | +$1.51M |
|
2724
Park National Corp
PRK
$3.67B
| $2.22M | ﹤0.01% |
16,731
+963
| +6% | +$107K |
|
2725
Invesco Municipal Opportunity Trust
VMO
$663M
| $2.22M | ﹤0.01% |
231,018
+11,623
| +5% | +$102K |
|
Similar funds
Wells Fargo's Q4 2023 Portfolio in Review
As of Q4 2023, Wells Fargo held 7,882 positions worth $383B, up 12% from $341B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Wells Fargo's Q4 2023 filing shows 408 new, 3,686 increased, 2,463 reduced and 394 closed positions. Its largest new stake was FT Vest US Equity Buffer ETF April: 1,231,825 shares worth $43.1M. The largest sale was Invesco QQQ Trust, an estimated $487M.
By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 14% a quarter earlier, followed by Healthcare and Financials.
- Wells Fargo's largest Q4 2023 buy was FT Vest US Equity Buffer ETF April: 1,231,825 shares worth $43.1M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q4 2023, an estimated $790M increase.
- Wells Fargo's biggest Q4 2023 reduction was Invesco QQQ Trust, cutting an estimated $487M.
- Wells Fargo fully exited Activision Blizzard in Q4 2023, selling an estimated $65.2M.
- Wells Fargo's ten largest holdings make up 18% of its $383B portfolio in Q4 2023.
- Wells Fargo opened 408 new positions and closed 394 in Q4 2023.
- Wells Fargo's portfolio value rose 12% quarter-over-quarter to $383B.
Based on Wells Fargo's 13F filing for Q4 2023, filed 9 Feb 2024.