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
|
+$3.29B |
| 2 |
iShares Core MSCI EAFE ETF
IEFA
|
+$1.37B |
| 3 |
Invesco QQQ Trust
QQQ
|
+$642M |
| 4 |
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
|
+$498M |
| 5 |
Nike
NKE
|
+$221M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Morningstar Mid-Cap ETF
VO
|
+$1.24B |
| 2 |
Clorox
CLX
|
+$326M |
| 3 |
Walmart Inc
WMT
|
+$228M |
| 4 |
iShares Russell Mid-Cap ETF
IWR
|
+$152M |
| 5 |
Microsoft
MSFT
|
+$151M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.61% |
| 2 | Healthcare | 8.1% |
| 3 | Financials | 6.84% |
| 4 | Industrials | 6.48% |
| 5 | Consumer Discretionary | 5.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
Parker-Hannifin
PH
$123B
| $231M | 0.06% |
591,224
+28,542
| +5% | +$9.66M |
|
252
Dow Inc
DOW
$21.9B
| $231M | 0.06% |
4,328,162
-54,716
| -1% | -$2.91M |
|
253
Quest Diagnostics
DGX
$25.7B
| $229M | 0.06% |
1,626,421
+876
| +0.1% | +$121K |
|
254
Digital Realty Trust
DLR
$69.7B
| $228M | 0.06% |
2,003,667
-239,718
| -11% | -$23.7M |
|
255
iShares 7-10 Year Treasury Bond ETF
IEF
$47.1B
| $226M | 0.06% |
2,336,677
+384,122
| +20% | +$37.8M |
|
256
WisdomTree Floating Rate Treasury Fund
USFR
$18.1B
| $224M | 0.06% |
4,442,276
+147,955
| +3% | +$7.45M |
|
257
Kinder Morgan
KMI
$71.7B
| $221M | 0.06% |
12,843,952
-258,767
| -2% | -$4.39M |
|
258
Vanguard Morningstar Large-Cap ETF
VV
$52.4B
| $221M | 0.06% |
1,090,445
+47,975
| +5% | +$9.2M |
|
259
abrdn Bloomberg All Commodity Strategy K-1 Free ETF
BCI
$2.95B
| $219M | 0.06% |
10,839,992
-179,867
| -2% | -$3.66M |
|
260
iShares TIPS Bond ETF
TIP
$14.5B
| $218M | 0.06% |
2,026,892
-190,858
| -9% | -$20.8M |
|
261
Celanese
CE
$4.9B
| $218M | 0.06% |
1,879,042
+152,164
| +9% | +$16.5M |
|
262
First Trust Dorsey Wright Focus 5 ETF
FV
$3.61B
| $215M | 0.06% |
4,587,371
-59,377
| -1% | -$2.65M |
|
263
iShares 3-7 Year Treasury Bond ETF
IEI
$18.1B
| $215M | 0.06% |
1,862,608
+68,026
| +4% | +$7.97M |
|
264
Vanguard Russell 1000 Growth ETF
VONG
$42.8B
| $214M | 0.06% |
3,022,362
+146,936
| +5% | +$9.62M |
|
265
GE Aerospace
GE
$374B
| $214M | 0.06% |
2,438,421
+101,274
| +4% | +$8.2M |
|
266
Altria Group
MO
$114B
| $213M | 0.06% |
4,692,223
+7,573
| +0.2% | +$343K |
|
267
Suncor Energy
SU
$79.4B
| $210M | 0.06% |
7,164,501
-190,690
| -3% | -$5.7M |
|
|
FISV
268
Fiserv Inc
FISV
$28.8B
| $209M | 0.06% |
1,660,717
+76,131
| +5% | +$8.96M |
|
269
Novartis
NVS
$297B
| $208M | 0.06% |
2,063,050
-97,661
| -5% | -$9.77M |
|
270
Manulife Financial
MFC
$73.9B
| $208M | 0.06% |
10,971,503
-463,939
| -4% | -$8.86M |
|
271
Uber
UBER
$143B
| $204M | 0.06% |
4,732,739
+174,902
| +4% | +$6.5M |
|
272
Vanguard Morningstar Mega Cap Growth ETF
MGK
$32.5B
| $203M | 0.06% |
4,314,965
+969,355
| +29% | +$41.8M |
|
273
Cigna
CI
$73.7B
| $203M | 0.06% |
723,387
+51,960
| +8% | +$13.5M |
|
274
iShares Preferred and Income Securities ETF
PFF
$13.3B
| $203M | 0.06% |
6,559,911
-360,086
| -5% | -$11M |
|
275
Vanguard Health Care ETF
VHT
$18.1B
| $202M | 0.06% |
826,248
+20,260
| +3% | +$4.93M |
|
Similar funds
Wells Fargo's Q2 2023 Portfolio in Review
As of Q2 2023, Wells Fargo held 7,830 positions worth $362B, up 4.4% from $347B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Wells Fargo's Q2 2023 filing shows 390 new, 3,912 increased, 2,324 reduced and 274 closed positions. Its largest new stake was State Street SPDR US Large Cap Low Volatility Index ETF: 257,436 shares worth $36.2M. The largest sale was Vanguard Morningstar Mid-Cap ETF, an estimated $1.24B.
By sector, the portfolio is most concentrated in Technology at 15% of assets, up from 14% a quarter earlier, followed by Healthcare and Financials.
- Wells Fargo's largest Q2 2023 buy was State Street SPDR US Large Cap Low Volatility Index ETF: 257,436 shares worth $36.2M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q2 2023, an estimated $3.29B increase.
- Wells Fargo's biggest Q2 2023 reduction was Vanguard Morningstar Mid-Cap ETF, cutting an estimated $1.24B.
- Wells Fargo fully exited ABB Ltd in Q2 2023, selling an estimated $67.4M.
- Wells Fargo's ten largest holdings make up 18% of its $362B portfolio in Q2 2023.
- Wells Fargo opened 390 new positions and closed 274 in Q2 2023.
- Wells Fargo's portfolio value rose 4.4% quarter-over-quarter to $362B.
Based on Wells Fargo's 13F filing for Q2 2023, filed 15 Aug 2023.