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 | |
|---|---|---|---|---|---|---|
276
CME Group
CME
$96.3B
| $202M | 0.06% |
1,091,111
+1,653
| +0.2% | +$305K |
|
277
Watsco Inc
WSO
$12.7B
| $202M | 0.06% |
528,397
-11,978
| -2% | -$4.06M |
|
278
T. Rowe Price
TROW
$23.9B
| $200M | 0.06% |
1,785,271
+5,468
| +0.3% | +$599K |
|
279
First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF
LMBS
$6.35B
| $200M | 0.06% |
4,190,810
-75,464
| -2% | -$3.62M |
|
280
McKesson
MCK
$100B
| $200M | 0.06% |
466,990
-24,646
| -5% | -$9.47M |
|
281
Dominion Energy
D
$60.8B
| $198M | 0.05% |
3,815,538
+200,760
| +6% | +$10.9M |
|
282
AstraZeneca
AZN
$263B
| $196M | 0.05% |
1,372,145
-7,131
| -0.5% | -$1.05M |
|
283
State Street Materials Select Sector SPDR ETF
XLB
$8.5B
| $196M | 0.05% |
4,739,054
-569,888
| -11% | -$22.7M |
|
284
J.M. Smucker
SJM
$12.7B
| $195M | 0.05% |
1,323,875
-38,348
| -3% | -$5.85M |
|
285
DexCom
DXCM
$31.5B
| $195M | 0.05% |
1,518,569
+77,349
| +5% | +$9.36M |
|
286
Constellation Brands
STZ
$22.2B
| $193M | 0.05% |
783,364
-10,347
| -1% | -$2.42M |
|
287
Schwab Fundamental International Large Company Index ETF
FNDF
$24.9B
| $192M | 0.05% |
5,949,113
-95,698
| -2% | -$3.06M |
|
|
SCHW
288
Charles Schwab
SCHW
$183B
| $188M | 0.05% |
3,318,795
-417,329
| -11% | -$21.9M |
|
289
iShares Russell 2000 Growth ETF
IWO
$14.3B
| $187M | 0.05% |
769,179
-30,188
| -4% | -$6.92M |
|
|
HDV
290
iShares Core High Dividend ETF
HDV
$14.5B
| $186M | 0.05% |
9,208,260
-76,675
| -0.8% | -$1.54M |
|
291
PGIM Ultra Short Bond ETF
PULS
$17.7B
| $184M | 0.05% |
3,716,890
-221,514
| -6% | -$10.9M |
|
292
Boston Scientific
BSX
$69.5B
| $183M | 0.05% |
3,383,748
-136,719
| -4% | -$7.14M |
|
293
CALL
Goldman Sachs
GS
$300B
| $182M | 0.05% |
565,300
+465,300
| +465% | +$153M |
|
294
Northrop Grumman
NOC
$77.1B
| $182M | 0.05% |
398,916
-7,980
| -2% | -$3.62M |
|
295
John Hancock Multifactor Mid Cap ETF
JHMM
$5.92B
| $181M | 0.05% |
3,634,759
+118,844
| +3% | +$5.65M |
|
296
Electronic Arts
EA
$53B
| $180M | 0.05% |
1,389,962
-108,038
| -7% | -$13.7M |
|
297
Ulta Beauty
ULTA
$22B
| $179M | 0.05% |
381,317
+31,369
| +9% | +$15.4M |
|
298
ARK Innovation ETF
ARKK
$5.64B
| $179M | 0.05% |
4,058,321
-3,503,124
| -46% | -$139M |
|
299
American Water Works
AWK
$26.7B
| $179M | 0.05% |
1,253,480
-1,953
| -0.2% | -$287K |
|
300
First Trust Smith Opportunistic Fixed Income ETF
FIXD
$3.23B
| $177M | 0.05% |
4,003,499
+862,821
| +27% | +$38.6M |
|
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.