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 | |
|---|---|---|---|---|---|---|
2826
Nuveen Virginia Quality Municipal Income Fund
NPV
$214M
| $1.78M | ﹤0.01% |
155,862
-19,289
| -11% | -$226K |
|
2827
Nuveen Municipal Credit Opportunities Fund
NMCO
$583M
| $1.78M | ﹤0.01% |
155,657
-5,563
| -3% | -$64.1K |
|
|
PACW
2828
DELISTED
PacWest Bancorp
PACW
| $1.77M | ﹤0.01% |
182,312
-9,568
| -5% | -$213K |
|
2829
Invesco S&P SmallCap Financials ETF
PSCF
$27M
| $1.77M | ﹤0.01% |
40,896
-68
| -0.2% | -$3.3K |
|
2830
Kontoor Brands
KTB
$4.27B
| $1.77M | ﹤0.01% |
36,597
+8,118
| +29% | +$385K |
|
2831
Enovis
ENOV
$1.4B
| $1.77M | ﹤0.01% |
33,089
+1,302
| +4% | +$75.4K |
|
|
RIV
2832
RiverNorth Opportunities Fund
RIV
$317M
| $1.77M | ﹤0.01% |
155,567
+26,890
| +21% | +$319K |
|
2833
iShares iBonds Dec 2031 Term Corporate ETF
IBDW
$2.54B
| $1.76M | ﹤0.01% |
85,497
+33,571
| +65% | +$685K |
|
2834
Adient
ADNT
$1.44B
| $1.76M | ﹤0.01% |
43,074
+16,607
| +63% | +$693K |
|
2835
Tidewater
TDW
$4.46B
| $1.76M | ﹤0.01% |
39,986
+29,953
| +299% | +$1.29M |
|
2836
Liberty Energy
LBRT
$3.45B
| $1.76M | ﹤0.01% |
137,472
+63,432
| +86% | +$938K |
|
2837
Resideo Technologies
REZI
$3.67B
| $1.76M | ﹤0.01% |
96,331
+35,163
| +57% | +$636K |
|
2838
Associated Banc-Corp
ASB
$5.92B
| $1.76M | ﹤0.01% |
97,802
+680
| +0.7% | +$14.9K |
|
|
CVSA
2839
Covista Inc
CVSA
$4.38B
| $1.76M | ﹤0.01% |
45,499
-459
| -1% | -$17.6K |
|
2840
Highwoods Properties
HIW
$3.41B
| $1.76M | ﹤0.01% |
75,767
-13,948
| -16% | -$376K |
|
|
AJRD
2841
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $1.76M | ﹤0.01% |
31,264
-180,772
| -85% | -$10.1M |
|
2842
Nomad Foods
NOMD
$1.63B
| $1.75M | ﹤0.01% |
93,583
-8,094
| -8% | -$143K |
|
|
EVRI
2843
DELISTED
Everi Holdings
EVRI
| $1.75M | ﹤0.01% |
102,133
+1,815
| +2% | +$31.4K |
|
2844
Nuveen Real Estate Income Fund
JRS
$244M
| $1.75M | ﹤0.01% |
234,043
-17,123
| -7% | -$139K |
|
2845
Kaiser Aluminum
KALU
$3.06B
| $1.75M | ﹤0.01% |
23,382
+3,119
| +15% | +$252K |
|
|
HQL
2846
abrdn Life Sciences Investors
HQL
$633M
| $1.74M | ﹤0.01% |
125,079
-158,468
| -56% | -$2.27M |
|
2847
Hawaiian Electric Industries
HE
$2.02B
| $1.74M | ﹤0.01% |
45,352
-62,529
| -58% | -$2.53M |
|
2848
Invesco S&P 500 Equal Weight Real Estate ETF
RSPR
$98.4M
| $1.74M | ﹤0.01% |
56,803
-31,175
| -35% | -$993K |
|
|
RVNC
2849
DELISTED
Revance Therapeutics, Inc.
RVNC
| $1.74M | ﹤0.01% |
54,017
-30,220
| -36% | -$942K |
|
2850
iShares US Digital Infrastructure and Real Estate ETF
IDGT
$519M
| $1.73M | ﹤0.01% |
24,267
-37,952
| -61% | -$2.64M |
|
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 427 new, 3,865 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 427 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.