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 |
iShares Core MSCI EAFE ETF
IEFA
|
+$731M |
| 2 |
Amazon
AMZN
|
+$442M |
| 3 |
S&P Global
SPGI
|
+$385M |
| 4 |
ARK Innovation ETF
ARKK
|
+$253M |
| 5 |
UnitedHealth
UNH
|
+$245M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.71B |
| 2 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$1.05B |
| 3 |
Apple
AAPL
|
+$629M |
| 4 |
US Bancorp
USB
|
+$575M |
| 5 |
Microsoft
MSFT
|
+$443M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.15% |
| 2 | Healthcare | 8.09% |
| 3 | Financials | 7.18% |
| 4 | Industrials | 6.24% |
| 5 | Consumer Discretionary | 5.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
TE Connectivity
TEL
$62.9B
| $222M | 0.07% |
1,797,611
-232,446
| -11% | -$31.1M |
|
252
Digital Realty Trust
DLR
$71.7B
| $221M | 0.06% |
1,822,297
-181,370
| -9% | -$22.3M |
|
253
Parker-Hannifin
PH
$125B
| $220M | 0.06% |
563,975
-27,249
| -5% | -$11M |
|
254
First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF
LMBS
$6.37B
| $219M | 0.06% |
4,635,268
+444,458
| +11% | +$21.1M |
|
255
Dow Inc
DOW
$21.9B
| $218M | 0.06% |
4,222,959
-105,203
| -2% | -$5.65M |
|
256
WisdomTree Floating Rate Treasury Fund
USFR
$18.4B
| $217M | 0.06% |
4,319,314
-122,962
| -3% | -$6.2M |
|
257
O'Reilly Automotive
ORLY
$74.9B
| $217M | 0.06% |
3,579,405
-606,195
| -14% | -$38M |
|
258
Nucor
NUE
$62.4B
| $217M | 0.06% |
1,386,126
-51,568
| -4% | -$8.54M |
|
259
Vanguard Morningstar Large-Cap ETF
VV
$54.2B
| $217M | 0.06% |
1,106,465
+16,020
| +1% | +$3.26M |
|
260
CME Group
CME
$94.4B
| $213M | 0.06% |
1,061,444
-29,667
| -3% | -$5.9M |
|
261
iShares 3-7 Year Treasury Bond ETF
IEI
$17.8B
| $212M | 0.06% |
1,872,748
+10,140
| +0.5% | +$1.16M |
|
262
Kinder Morgan
KMI
$69.9B
| $212M | 0.06% |
12,765,516
-78,436
| -0.6% | -$1.35M |
|
263
State Street Materials Select Sector SPDR ETF
XLB
$8.52B
| $212M | 0.06% |
5,387,880
+648,826
| +14% | +$26.6M |
|
264
PayPal
PYPL
$50.1B
| $211M | 0.06% |
3,613,565
-121,569
| -3% | -$7.92M |
|
265
Vanguard Health Care ETF
VHT
$18.2B
| $211M | 0.06% |
897,475
+71,227
| +9% | +$17.4M |
|
266
Jack Henry & Associates
JKHY
$11.1B
| $209M | 0.06% |
1,382,826
-76,506
| -5% | -$12.3M |
|
267
First Trust Dorsey Wright Focus 5 ETF
FV
$3.75B
| $209M | 0.06% |
4,714,627
+127,256
| +3% | +$5.92M |
|
268
First Trust Smith Opportunistic Fixed Income ETF
FIXD
$3.25B
| $208M | 0.06% |
4,954,937
+951,438
| +24% | +$41.3M |
|
269
Watsco Inc
WSO
$13.8B
| $205M | 0.06% |
543,954
+15,557
| +3% | +$5.62M |
|
270
Novartis
NVS
$291B
| $205M | 0.06% |
2,009,179
-53,871
| -3% | -$5.47M |
|
271
iShares Russell 2000 Growth ETF
IWO
$15B
| $204M | 0.06% |
910,906
+141,727
| +18% | +$33.9M |
|
272
Schwab Fundamental International Large Company Index ETF
FNDF
$25.2B
| $202M | 0.06% |
6,377,594
+428,481
| +7% | +$13.9M |
|
273
iShares 7-10 Year Treasury Bond ETF
IEF
$47.3B
| $202M | 0.06% |
2,203,114
-133,563
| -6% | -$12.6M |
|
274
Vanguard Morningstar Mega Cap Growth ETF
MGK
$34B
| $201M | 0.06% |
4,435,335
+120,370
| +3% | +$5.68M |
|
275
iShares Preferred and Income Securities ETF
PFF
$13.3B
| $199M | 0.06% |
6,601,359
+41,448
| +0.6% | +$1.27M |
|
Similar funds
Wells Fargo's Q3 2023 Portfolio in Review
As of Q3 2023, Wells Fargo held 7,828 positions worth $341B, down 5.8% from $362B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Wells Fargo's Q3 2023 filing shows 318 new, 2,127 increased, 4,030 reduced and 353 closed positions. Its largest new stake was TKO Group: 129,045 shares worth $10.8M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $3.71B.
By sector, the portfolio is most concentrated in Technology at 14% of assets, down from 15% a quarter earlier, followed by Healthcare and Financials.
- Wells Fargo's largest Q3 2023 buy was TKO Group: 129,045 shares worth $10.8M.
- Wells Fargo added most to iShares Core MSCI EAFE ETF in Q3 2023, an estimated $731M increase.
- Wells Fargo's biggest Q3 2023 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $3.71B.
- Wells Fargo fully exited PG&E Corporation in Q3 2023, selling an estimated $86.2M.
- Wells Fargo's ten largest holdings make up 18% of its $341B portfolio in Q3 2023.
- Wells Fargo opened 318 new positions and closed 353 in Q3 2023.
- Wells Fargo's portfolio value fell 5.8% quarter-over-quarter to $341B.
Based on Wells Fargo's 13F filing for Q3 2023, filed 13 Nov 2023.