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 |
Invesco QQQ Trust
QQQ
|
+$503M |
| 2 |
Chevron
CVX
|
+$472M |
| 3 |
Vanguard Long-Term Bond ETF
BLV
|
+$374M |
| 4 |
EOG Resources
EOG
|
+$354M |
| 5 |
ARK Innovation ETF
ARKK
|
+$253M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$5.2B |
| 2 |
M&T Bank
MTB
|
+$313M |
| 3 |
iShares Core 60/40 Balanced Allocation ETF
AOR
|
+$304M |
| 4 |
Apple
AAPL
|
+$197M |
| 5 |
iShares Core 80/20 Aggressive Allocation ETF
AOA
|
+$194M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.55% |
| 2 | Healthcare | 8.23% |
| 3 | Financials | 6.88% |
| 4 | Industrials | 6.54% |
| 5 | Consumer Discretionary | 5.29% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
abrdn Bloomberg All Commodity Strategy K-1 Free ETF
BCI
$2.92B
| $229M | 0.07% |
11,019,859
+2,962,232
| +37% | +$62.3M |
|
252
Suncor Energy
SU
$74.7B
| $228M | 0.07% |
7,355,191
+107,090
| +1% | +$3.48M |
|
253
PayPal
PYPL
$50B
| $226M | 0.07% |
2,974,116
-140,592
| -5% | -$10.8M |
|
254
Jack Henry & Associates
JKHY
$11B
| $221M | 0.06% |
1,466,418
+211,967
| +17% | +$35.4M |
|
255
Digital Realty Trust
DLR
$71.4B
| $221M | 0.06% |
2,243,385
-81,173
| -3% | -$8.56M |
|
256
iShares Preferred and Income Securities ETF
PFF
$13.3B
| $216M | 0.06% |
6,919,997
+324,187
| +5% | +$10.4M |
|
257
WisdomTree Floating Rate Treasury Fund
USFR
$18.4B
| $216M | 0.06% |
4,294,321
+295,685
| +7% | +$14.9M |
|
258
Williams Companies
WMB
$87.8B
| $215M | 0.06% |
7,197,744
-153,196
| -2% | -$4.73M |
|
259
J.M. Smucker
SJM
$12.7B
| $214M | 0.06% |
1,362,223
-48,449
| -3% | -$7.36M |
|
260
State Street Materials Select Sector SPDR ETF
XLB
$8.63B
| $214M | 0.06% |
5,308,942
+234,268
| +5% | +$9.49M |
|
261
iShares 3-7 Year Treasury Bond ETF
IEI
$17.8B
| $211M | 0.06% |
1,794,582
+193,783
| +12% | +$22.5M |
|
262
Manulife Financial
MFC
$73.2B
| $210M | 0.06% |
11,435,442
-726,766
| -6% | -$13.8M |
|
263
Broadridge
BR
$19B
| $210M | 0.06% |
1,430,051
+70,444
| +5% | +$10.1M |
|
264
First Trust Dorsey Wright Focus 5 ETF
FV
$3.75B
| $209M | 0.06% |
4,646,748
+641,801
| +16% | +$29.9M |
|
265
Altria Group
MO
$113B
| $209M | 0.06% |
4,684,650
-11,441
| -0.2% | -$526K |
|
266
CME Group
CME
$93.8B
| $209M | 0.06% |
1,089,458
+13,454
| +1% | +$2.43M |
|
267
First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF
LMBS
$6.38B
| $204M | 0.06% |
4,266,274
-88,367
| -2% | -$4.23M |
|
268
Dominion Energy
D
$59.9B
| $202M | 0.06% |
3,614,778
+242,314
| +7% | +$14.2M |
|
269
T. Rowe Price
TROW
$24.7B
| $201M | 0.06% |
1,779,803
+137,334
| +8% | +$15.7M |
|
270
Novartis
NVS
$294B
| $199M | 0.06% |
2,160,711
+12,795
| +0.6% | +$1.12M |
|
271
Alerian MLP ETF
AMLP
$12.8B
| $197M | 0.06% |
5,091,447
+42,322
| +0.8% | +$1.66M |
|
|
SCHW
272
Charles Schwab
SCHW
$187B
| $196M | 0.06% |
3,736,124
+365,959
| +11% | +$26.8M |
|
273
Vanguard Morningstar Large-Cap ETF
VV
$54.3B
| $195M | 0.06% |
1,042,470
+57,677
| +6% | +$10.5M |
|
274
PGIM Ultra Short Bond ETF
PULS
$18.3B
| $194M | 0.06% |
3,938,404
+1,053,630
| +37% | +$51.9M |
|
275
iShares 7-10 Year Treasury Bond ETF
IEF
$47.3B
| $194M | 0.06% |
1,952,555
+287,272
| +17% | +$28.1M |
|
Similar funds
Wells Fargo's Q1 2023 Portfolio in Review
As of Q1 2023, Wells Fargo held 7,943 positions worth $347B, up 4.2% from $333B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Wells Fargo's Q1 2023 filing shows 428 new, 3,867 increased, 2,015 reduced and 474 closed positions. Its largest new stake was GE HealthCare: 686,371 shares worth $56.3M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $5.2B.
By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 12% a quarter earlier, followed by Healthcare and Financials.
- Wells Fargo's largest Q1 2023 buy was GE HealthCare: 686,371 shares worth $56.3M.
- Wells Fargo added most to Invesco QQQ Trust in Q1 2023, an estimated $503M increase.
- Wells Fargo's biggest Q1 2023 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $5.2B.
- Wells Fargo fully exited STORE Capital Corporation in Q1 2023, selling an estimated $25.9M.
- Wells Fargo's ten largest holdings make up 17% of its $347B portfolio in Q1 2023.
- Wells Fargo opened 428 new positions and closed 474 in Q1 2023.
- Wells Fargo's portfolio value rose 4.2% quarter-over-quarter to $347B.
Based on Wells Fargo's 13F filing for Q1 2023, filed 12 May 2023.