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 | |
|---|---|---|---|---|---|---|
2826
John Hancock Multifactor Emerging Markets ETF
JHEM
$1.02B
| $2.17M | ﹤0.01% |
81,008
-4,390
| -5% | -$116K |
|
2827
Community Bank
CBU
$3.41B
| $2.16M | ﹤0.01% |
45,828
-2,387
| -5% | -$108K |
|
2828
Kratos Defense & Security Solutions
KTOS
$11.4B
| $2.16M | ﹤0.01% |
107,998
-2,301
| -2% | -$45K |
|
2829
CALL
Shake Shack
SHAK
$2.87B
| $2.16M | ﹤0.01% |
+24,000
| New | +$2.34M |
|
2830
ArcelorMittal
MT
$55.3B
| $2.15M | ﹤0.01% |
93,974
-296
| -0.3% | -$7.57K |
|
2831
Danaos Corp
DAC
$2.56B
| $2.15M | ﹤0.01% |
23,302
+6,440
| +38% | +$537K |
|
2832
Macerich
MAC
$6.92B
| $2.15M | ﹤0.01% |
139,052
+9,083
| +7% | +$139K |
|
2833
Invesco S&P MidCap 400 Pure Growth ETF
RFG
$358M
| $2.15M | ﹤0.01% |
44,032
-59
| -0.1% | -$2.88K |
|
2834
Resideo Technologies
REZI
$3.95B
| $2.15M | ﹤0.01% |
109,731
+7,661
| +8% | +$159K |
|
2835
Revolution Medicines
RVMD
$44B
| $2.15M | ﹤0.01% |
55,273
+11,471
| +26% | +$429K |
|
2836
LiveRamp
RAMP
$2.3B
| $2.14M | ﹤0.01% |
69,289
-10,366
| -13% | -$333K |
|
2837
Woodside Energy
WDS
$42.6B
| $2.14M | ﹤0.01% |
113,970
-16,432
| -13% | -$306K |
|
2838
iShares MSCI All Country Asia ex Japan ETF
AAXJ
$3.77B
| $2.14M | ﹤0.01% |
29,770
+5,424
| +22% | +$380K |
|
2839
Valmont Industries
VMI
$9.53B
| $2.14M | ﹤0.01% |
7,800
+829
| +12% | +$202K |
|
2840
Wendy's
WEN
$1.46B
| $2.14M | ﹤0.01% |
126,114
-42,108
| -25% | -$765K |
|
2841
First Mid Bancshares
FMBH
$1.36B
| $2.13M | ﹤0.01% |
64,864
+2,991
| +5% | +$94K |
|
|
FINS
2842
Angel Oak Financial Strategies Income Term Trust
FINS
$421M
| $2.12M | ﹤0.01% |
171,721
+3,149
| +2% | +$39.1K |
|
2843
LeMaitre Vascular
LMAT
$1.86B
| $2.12M | ﹤0.01% |
25,795
-1,914
| -7% | -$141K |
|
2844
First Trust Ultra Short Duration Municipal ETF
FUMB
$247M
| $2.11M | ﹤0.01% |
105,347
+19,373
| +23% | +$389K |
|
|
UNIT
2845
Uniti Group
UNIT
$2.32B
| $2.11M | ﹤0.01% |
723,328
+365,546
| +102% | +$1.53M |
|
2846
iShares New York Muni Bond ETF
NYF
$1.4B
| $2.11M | ﹤0.01% |
39,525
-609
| -2% | -$32.4K |
|
|
RMI
2847
RiverNorth Opportunistic Municipal Income Fund
RMI
$100M
| $2.1M | ﹤0.01% |
132,277
+3,219
| +2% | +$50.8K |
|
2848
PUT
Thermo Fisher Scientific
TMO
$220B
| $2.1M | ﹤0.01% |
3,800
+2,700
| +245% | +$1.55M |
|
2849
PUT
Kraft Heinz
KHC
$30B
| $2.09M | ﹤0.01% |
65,000
-35,000
| -35% | -$1.25M |
|
|
NXJ
2850
DELISTED
Nuveen New Jersey Quality Municipal Income Fund
NXJ
| $2.09M | ﹤0.01% |
171,163
+3,589
| +2% | +$42.8K |
|
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 386 new, 3,308 increased, 2,367 reduced and 944 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 386 new positions and closed 944 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.