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
|
+$1.99B |
| 2 |
State Street Consumer Staples Select Sector SPDR ETF
XLP
|
+$294M |
| 3 |
iShares Core 60/40 Balanced Allocation ETF
AOR
|
+$267M |
| 4 |
iShares Core 80/20 Aggressive Allocation ETF
AOA
|
+$166M |
| 5 |
Vanguard Short-Term Treasury ETF
VGSH
|
+$150M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$392M |
| 2 |
ARK Innovation ETF
ARKK
|
+$289M |
| 3 |
Vanguard Short-Term Bond ETF
BSV
|
+$256M |
| 4 |
VF Corp
VFC
|
+$202M |
| 5 |
Alerian MLP ETF
AMLP
|
+$200M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 12.01% |
| 2 | Healthcare | 8.91% |
| 3 | Financials | 7.51% |
| 4 | Industrials | 6.7% |
| 5 | Consumer Discretionary | 5.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
iShares Floating Rate Bond ETF
FLOT
$10.3B
| $222M | 0.07% |
4,404,196
+202,349
| +5% | +$10.2M |
|
252
First Trust Morningstar Dividend Leaders Index Fund
FDL
$7.82B
| $221M | 0.07% |
6,041,685
+2,567,604
| +74% | +$92.5M |
|
253
Jack Henry & Associates
JKHY
$11.1B
| $220M | 0.07% |
1,254,451
-4,199
| -0.3% | -$775K |
|
254
Dow Inc
DOW
$21.8B
| $220M | 0.07% |
4,362,269
-58,894
| -1% | -$2.88M |
|
255
Vanguard Morningstar Mid-Cap Growth ETF
VOT
$20B
| $219M | 0.07% |
1,215,717
-26,772
| -2% | -$4.85M |
|
256
Manulife Financial
MFC
$74.2B
| $217M | 0.07% |
12,162,208
-543,735
| -4% | -$9.27M |
|
|
NVO
257
Novo Nordisk
NVO
$195B
| $217M | 0.07% |
3,202,116
-4,742
| -0.1% | -$278K |
|
258
Estee Lauder
EL
$31.4B
| $216M | 0.06% |
871,729
-228,674
| -21% | -$51.1M |
|
259
Vertex Pharmaceuticals
VRTX
$121B
| $216M | 0.06% |
748,927
-29,344
| -4% | -$8.94M |
|
260
Altria Group
MO
$113B
| $215M | 0.06% |
4,696,091
+74,340
| +2% | +$3.37M |
|
261
Nucor
NUE
$62.1B
| $209M | 0.06% |
1,582,998
-44,674
| -3% | -$6.07M |
|
262
Dominion Energy
D
$60.7B
| $207M | 0.06% |
3,372,464
-141,606
| -4% | -$8.89M |
|
263
First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF
LMBS
$6.37B
| $206M | 0.06% |
4,354,641
-667,432
| -13% | -$31.5M |
|
264
McKesson
MCK
$97.4B
| $205M | 0.06% |
546,374
-15,047
| -3% | -$5.61M |
|
265
CALL
State Street Energy Select Sector SPDR ETF
XLE
$38.4B
| $205M | 0.06% |
4,683,200
+3,671,000
| +363% | +$160M |
|
266
Constellation Brands
STZ
$22.4B
| $202M | 0.06% |
873,747
-4,082
| -0.5% | -$977K |
|
267
iShares Preferred and Income Securities ETF
PFF
$13.3B
| $201M | 0.06% |
6,595,810
-1,116,870
| -14% | -$34.7M |
|
268
WisdomTree Floating Rate Treasury Fund
USFR
$18.4B
| $201M | 0.06% |
3,998,636
+1,414,281
| +55% | +$71.2M |
|
269
Invesco S&P 500 Low Volatility ETF
SPLV
$7.23B
| $198M | 0.06% |
3,103,274
-62,747
| -2% | -$3.89M |
|
270
Truist Financial
TFC
$64.6B
| $198M | 0.06% |
4,601,403
-493,062
| -10% | -$21.6M |
|
271
Vanguard Health Care ETF
VHT
$18.1B
| $198M | 0.06% |
797,883
+52,169
| +7% | +$12.6M |
|
272
State Street Materials Select Sector SPDR ETF
XLB
$8.5B
| $197M | 0.06% |
5,074,674
-108,140
| -2% | -$4.15M |
|
273
Devon Energy
DVN
$50.7B
| $197M | 0.06% |
3,198,057
-180,912
| -5% | -$12.3M |
|
274
Novartis
NVS
$292B
| $195M | 0.06% |
2,147,916
-169,269
| -7% | -$14.3M |
|
|
PXD
275
DELISTED
Pioneer Natural Resource Co.
PXD
| $193M | 0.06% |
844,309
+36,268
| +4% | +$8.82M |
|
Similar funds
Wells Fargo's Q4 2022 Portfolio in Review
As of Q4 2022, Wells Fargo held 7,973 positions worth $333B, up 8.6% from $307B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Wells Fargo's Q4 2022 filing shows 323 new, 2,590 increased, 3,459 reduced and 543 closed positions. Its largest new stake was Capital Group International Focus Equity ETF: 1,133,398 shares worth $23.6M. The largest sale was Invesco QQQ Trust, an estimated $392M.
By sector, the portfolio is most concentrated in Technology at 12% of assets, down from 13% a quarter earlier, followed by Healthcare and Financials.
- Wells Fargo's largest Q4 2022 buy was Capital Group International Focus Equity ETF: 1,133,398 shares worth $23.6M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q4 2022, an estimated $1.99B increase.
- Wells Fargo's biggest Q4 2022 reduction was Invesco QQQ Trust, cutting an estimated $392M.
- Wells Fargo fully exited Twitter, Inc. in Q4 2022, selling an estimated $92.7M.
- Wells Fargo's ten largest holdings make up 18% of its $333B portfolio in Q4 2022.
- Wells Fargo opened 323 new positions and closed 543 in Q4 2022.
- Wells Fargo's portfolio value rose 8.6% quarter-over-quarter to $333B.
Based on Wells Fargo's 13F filing for Q4 2022, filed 13 Feb 2023.