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
|
+$506M |
| 2 |
Microsoft
MSFT
|
+$336M |
| 3 |
Amazon
AMZN
|
+$287M |
| 4 |
Apple
AAPL
|
+$269M |
| 5 |
Meta Platforms (Facebook)
META
|
+$233M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Air Products & Chemicals
APD
|
+$425M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$334M |
| 3 |
United Parcel Service
UPS
|
+$148M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$128M |
| 5 |
Vanguard Morningstar Mid-Cap ETF
VO
|
+$124M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.28% |
| 2 | Financials | 7.45% |
| 3 | Healthcare | 7.23% |
| 4 | Industrials | 6.23% |
| 5 | Consumer Discretionary | 5.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
251
PUT
Apple
AAPL
$4.54T
| $273M | 0.07% |
1,296,900
-64,500
| -5% | -$12M |
|
|
252
Bristol-Myers Squibb
BMY
$133B
| $272M | 0.07% |
6,554,289
-2,858,186
| -30% | -$128M |
|
253
Cintas
CTAS
$81.9B
| $272M | 0.07% |
1,553,208
+92,504
| +6% | +$15.8M |
|
254
iShares ESG Aware MSCI USA ETF
ESGU
$17.9B
| $270M | 0.07% |
2,262,884
-84,470
| -4% | -$9.7M |
|
255
Suncor Energy
SU
$79.4B
| $270M | 0.07% |
7,085,792
+240,702
| +4% | +$9.3M |
|
256
VanEck Oil Services ETF
OIH
$2.06B
| $270M | 0.07% |
853,616
+99,125
| +13% | +$31.8M |
|
257
JPMorgan Nasdaq Equity Premium Income ETF
JEPQ
$39.3B
| $268M | 0.07% |
4,830,321
+727,132
| +18% | +$39.1M |
|
258
Realty Income
O
$59.6B
| $268M | 0.07% |
5,072,397
+191,715
| +4% | +$10.2M |
|
259
State Street Materials Select Sector SPDR ETF
XLB
$8.5B
| $267M | 0.06% |
6,046,072
+395,794
| +7% | +$17.9M |
|
260
Hilton Worldwide
HLT
$72.1B
| $267M | 0.06% |
1,222,545
+235,477
| +24% | +$48.4M |
|
261
Celanese
CE
$4.9B
| $265M | 0.06% |
1,968,172
-11,709
| -0.6% | -$1.79M |
|
262
Manulife Financial
MFC
$73.9B
| $265M | 0.06% |
9,945,108
-82,243
| -0.8% | -$2.06M |
|
263
Chipotle Mexican Grill
CMG
$47.2B
| $263M | 0.06% |
4,198,039
+282,639
| +7% | +$17.6M |
|
|
SCHW
264
Charles Schwab
SCHW
$183B
| $263M | 0.06% |
3,567,671
-321,160
| -8% | -$23.7M |
|
265
iShares Preferred and Income Securities ETF
PFF
$13.3B
| $263M | 0.06% |
8,325,925
+532,451
| +7% | +$16.8M |
|
266
CVS Health
CVS
$133B
| $259M | 0.06% |
4,388,950
-769,506
| -15% | -$48.1M |
|
267
Alerian MLP ETF
AMLP
$13B
| $254M | 0.06% |
5,285,401
-61,488
| -1% | -$2.87M |
|
268
McKesson
MCK
$100B
| $253M | 0.06% |
433,671
-3,414
| -0.8% | -$1.9M |
|
269
iShares Semiconductor ETF
SOXX
$41.7B
| $253M | 0.06% |
1,026,025
+18,312
| +2% | +$4.19M |
|
270
Progressive
PGR
$123B
| $252M | 0.06% |
1,213,385
+18,393
| +2% | +$3.85M |
|
271
Broadridge
BR
$17.8B
| $245M | 0.06% |
1,243,431
-31,129
| -2% | -$6.17M |
|
272
Boston Scientific
BSX
$69.5B
| $243M | 0.06% |
3,155,487
-38,217
| -1% | -$2.8M |
|
273
First Trust Dorsey Wright Focus 5 ETF
FV
$3.61B
| $241M | 0.06% |
4,210,255
+45,523
| +1% | +$2.54M |
|
274
Vanguard Health Care ETF
VHT
$18.1B
| $241M | 0.06% |
904,263
-7,033
| -0.8% | -$1.84M |
|
275
iShares Russell 2000 Growth ETF
IWO
$14.3B
| $240M | 0.06% |
912,350
-1,423
| -0.2% | -$369K |
|
Similar funds
Wells Fargo's Q2 2024 Portfolio in Review
As of Q2 2024, Wells Fargo held 7,784 positions worth $412B, down 0.64% from $415B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Wells Fargo's Q2 2024 filing shows 385 new, 3,309 increased, 2,368 reduced and 948 closed positions. Its largest new stake was NextEra Energy 7.299% Corporate Units: 1,487,927 shares worth $73.6M. The largest sale was Air Products & Chemicals, an estimated $425M.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 14% a quarter earlier, followed by Financials and Healthcare.
- Wells Fargo's largest Q2 2024 buy was NextEra Energy 7.299% Corporate Units: 1,487,927 shares worth $73.6M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q2 2024, an estimated $506M increase.
- Wells Fargo's biggest Q2 2024 reduction was Air Products & Chemicals, cutting an estimated $425M.
- Wells Fargo fully exited Pioneer Natural Resource Co. in Q2 2024, selling an estimated $88.9M.
- Wells Fargo's ten largest holdings make up 19% of its $412B portfolio in Q2 2024.
- Wells Fargo opened 385 new positions and closed 948 in Q2 2024.
- Wells Fargo's portfolio value fell 0.64% quarter-over-quarter to $412B.
Based on Wells Fargo's 13F filing for Q2 2024, filed 13 Aug 2024.