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 |
Xtrackers USD High Yield Corporate Bond ETF
HYLB
|
+$457M |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$258M |
| 3 |
PSTH
Pershing Square Tontine Holdings, Ltd.
PSTH
|
+$220M |
| 4 |
SPDR Gold Trust
GLD
|
+$215M |
| 5 |
Intuit
INTU
|
+$172M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.63B |
| 2 |
Apple
AAPL
|
+$482M |
| 3 |
Microsoft
MSFT
|
+$437M |
| 4 |
VAR
Varian Medical Systems, Inc.
VAR
|
+$394M |
| 5 |
Vanguard Total Bond Market
BND
|
+$362M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 15.53% |
| 2 | Healthcare | 10.14% |
| 3 | Consumer Discretionary | 8.2% |
| 4 | Industrials | 7.7% |
| 5 | Financials | 7.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
United Rentals
URI
$72.4B
| $274M | 0.08% |
1,568,305
-141,623
| -8% | -$23.8M |
|
252
Newmont
NEM
$110B
| $271M | 0.07% |
4,274,133
+702,972
| +20% | +$45.8M |
|
253
CALL
Tesla
TSLA
$1.27T
| $269M | 0.07% |
5,089,200
+3,761,700
| +283% | +$444M |
|
254
iShares Russell 1000 ETF
IWB
$49.8B
| $268M | 0.07% |
1,431,226
+13,292
| +0.9% | +$2.46M |
|
255
General Mills
GIS
$19.2B
| $267M | 0.07% |
4,332,491
+382,328
| +10% | +$23.9M |
|
|
UN
256
DELISTED
Unilever NV New York Registry Shares
UN
| $265M | 0.07% |
4,382,313
+147,949
| +3% | +$8.57M |
|
257
TE Connectivity
TEL
$63.2B
| $263M | 0.07% |
2,695,766
-156,409
| -5% | -$14.4M |
|
258
First Trust Capital Strength ETF
FTCS
$7.93B
| $262M | 0.07% |
4,141,309
+217,040
| +6% | +$13.6M |
|
259
Southern Company
SO
$107B
| $262M | 0.07% |
4,831,006
-3,129,077
| -39% | -$167M |
|
260
Cigna
CI
$71.5B
| $262M | 0.07% |
1,543,985
+20,765
| +1% | +$3.65M |
|
261
Equinix
EQIX
$104B
| $261M | 0.07% |
343,867
+1,377
| +0.4% | +$1.04M |
|
262
Kroger
KR
$34.7B
| $260M | 0.07% |
7,664,330
+1,452,718
| +23% | +$50.2M |
|
263
Invitation Homes
INVH
$18.1B
| $260M | 0.07% |
9,272,951
-569,411
| -6% | -$16.2M |
|
264
Pinterest
PINS
$13.1B
| $257M | 0.07% |
6,193,723
-42,487
| -0.7% | -$1.39M |
|
265
First Trust Smith Opportunistic Fixed Income ETF
FIXD
$3.25B
| $256M | 0.07% |
4,654,738
+1,568,442
| +51% | +$86.7M |
|
266
Altria Group
MO
$114B
| $254M | 0.07% |
6,584,988
-269,661
| -4% | -$11.2M |
|
|
KSU
267
DELISTED
Kansas City Southern
KSU
| $254M | 0.07% |
1,401,964
-585,782
| -29% | -$101M |
|
268
iRhythm Holdings
IRTC
$4.09B
| $253M | 0.07% |
1,061,428
+60,792
| +6% | +$10.8M |
|
269
Northrop Grumman
NOC
$79.2B
| $253M | 0.07% |
801,091
-22,209
| -3% | -$7.24M |
|
270
Vanguard Long-Term Bond ETF
BLV
$5.76B
| $253M | 0.07% |
2,259,332
+28,439
| +1% | +$3.24M |
|
271
FedEx
FDX
$73.5B
| $252M | 0.07% |
1,000,158
+135,162
| +16% | +$27M |
|
272
Jack Henry & Associates
JKHY
$11B
| $248M | 0.07% |
1,527,605
+39,992
| +3% | +$6.94M |
|
273
Nomad Foods
NOMD
$1.65B
| $248M | 0.07% |
9,714,186
+2,486,242
| +34% | +$59M |
|
|
WBA
274
DELISTED
Walgreens Boots Alliance
WBA
| $246M | 0.07% |
6,843,897
-1,224,800
| -15% | -$47.9M |
|
275
BJs Wholesale Club
BJ
$12.3B
| $245M | 0.07% |
5,905,048
-668,788
| -10% | -$27.6M |
|
Similar funds
Wells Fargo's Q3 2020 Portfolio in Review
As of Q3 2020, Wells Fargo held 7,404 positions worth $362B, up 5.3% from $344B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Wells Fargo's Q3 2020 filing shows 403 new, 2,558 increased, 3,361 reduced and 329 closed positions. Its largest new stake was Pershing Square Tontine Holdings, Ltd.: 9,801,595 shares worth $222M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $1.63B.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 15% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- Wells Fargo's largest Q3 2020 buy was Pershing Square Tontine Holdings, Ltd.: 9,801,595 shares worth $222M.
- Wells Fargo added most to Xtrackers USD High Yield Corporate Bond ETF in Q3 2020, an estimated $457M increase.
- Wells Fargo's biggest Q3 2020 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.63B.
- Wells Fargo fully exited IBERIABANK Corp in Q3 2020, selling an estimated $24.1M.
- Wells Fargo's ten largest holdings make up 16% of its $362B portfolio in Q3 2020.
- Wells Fargo opened 403 new positions and closed 329 in Q3 2020.
- Wells Fargo's portfolio value rose 5.3% quarter-over-quarter to $362B.
Based on Wells Fargo's 13F filing for Q3 2020, filed 5 Nov 2020.