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 | |
|---|---|---|---|---|---|---|
251
Vanguard Financials ETF
VFH
$13.5B
| $218M | 0.07% |
2,821,892
-367,689
| -12% | -$31M |
|
252
iShares MBS ETF
MBB
$38.9B
| $215M | 0.07% |
2,204,835
-362,786
| -14% | -$35.6M |
|
253
O'Reilly Automotive
ORLY
$72.9B
| $212M | 0.07% |
5,035,455
+336,210
| +7% | +$14.5M |
|
254
Williams Companies
WMB
$87.5B
| $211M | 0.07% |
6,775,241
-689,402
| -9% | -$23.8M |
|
255
MetLife
MET
$61.9B
| $211M | 0.07% |
3,362,693
-214,649
| -6% | -$14.2M |
|
256
iShares 3-7 Year Treasury Bond ETF
IEI
$18.1B
| $211M | 0.07% |
1,767,311
+470,251
| +36% | +$56.2M |
|
257
Vanguard Tax-Exempt Bond Index Fund
VTEB
$45.1B
| $211M | 0.07% |
4,221,074
+305,128
| +8% | +$15.3M |
|
258
Vanguard Morningstar Mid-Cap Growth ETF
VOT
$19.2B
| $210M | 0.06% |
1,195,957
-47,348
| -4% | -$9.17M |
|
259
EOG Resources
EOG
$79.2B
| $209M | 0.06% |
1,896,759
-117,957
| -6% | -$14.6M |
|
260
Invesco S&P 500 Low Volatility ETF
SPLV
$7.12B
| $209M | 0.06% |
3,367,986
+855,247
| +34% | +$55.3M |
|
261
Netflix
NFLX
$299B
| $209M | 0.06% |
11,927,460
-3,435,400
| -22% | -$76.2M |
|
262
Northrop Grumman
NOC
$77.1B
| $209M | 0.06% |
435,713
-78,855
| -15% | -$36.2M |
|
263
Invesco DB Commodity Index Tracking Fund
DBC
$1.69B
| $208M | 0.06% |
7,806,417
+705,677
| +10% | +$19.8M |
|
|
SCHW
264
Charles Schwab
SCHW
$183B
| $208M | 0.06% |
3,286,435
+220,120
| +7% | +$15.2M |
|
265
Constellation Brands
STZ
$22.2B
| $207M | 0.06% |
890,229
-102,191
| -10% | -$24.9M |
|
266
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23B
| $207M | 0.06% |
4,103,377
-523,405
| -11% | -$26.6M |
|
267
iShares 0-1 Year Treasury Bond ETF
SHV
$20.8B
| $205M | 0.06% |
1,861,918
+936,846
| +101% | +$103M |
|
268
Electronic Arts
EA
$53B
| $203M | 0.06% |
1,672,018
-163,188
| -9% | -$20.8M |
|
269
McKesson
MCK
$100B
| $202M | 0.06% |
620,532
-67,589
| -10% | -$21.6M |
|
270
General Mills
GIS
$19.1B
| $200M | 0.06% |
2,645,755
-378,856
| -13% | -$26.5M |
|
|
NVO
271
Novo Nordisk
NVO
$208B
| $199M | 0.06% |
3,574,632
+181,714
| +5% | +$10.1M |
|
272
Broadridge
BR
$17.8B
| $198M | 0.06% |
1,391,001
-104,055
| -7% | -$15.1M |
|
273
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$15.9B
| $197M | 0.06% |
2,677,200
+1,136,400
| +74% | +$88.4M |
|
274
Brown & Brown
BRO
$23.6B
| $197M | 0.06% |
3,377,280
-184,734
| -5% | -$11.3M |
|
275
iShares Russell 2000 Growth ETF
IWO
$14.3B
| $197M | 0.06% |
953,079
-649,657
| -41% | -$145M |
|
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 271 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.