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
|
+$790M |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$649M |
| 3 |
iShares Core MSCI EAFE ETF
IEFA
|
+$257M |
| 4 |
Amazon
AMZN
|
+$211M |
| 5 |
Vanguard Total Bond Market
BND
|
+$185M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$487M |
| 2 |
Microsoft
MSFT
|
+$287M |
| 3 |
Xtrackers USD High Yield Corporate Bond ETF
HYLB
|
+$162M |
| 4 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$144M |
| 5 |
Donaldson
DCI
|
+$137M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.38% |
| 2 | Healthcare | 7.44% |
| 3 | Financials | 7.25% |
| 4 | Industrials | 6.34% |
| 5 | Consumer Discretionary | 5.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
276
iShares Preferred and Income Securities ETF
PFF
$13.3B
| $222M | 0.06% |
7,131,287
+529,928
| +8% | +$15.8M |
|
277
Schwab Fundamental International Large Company Index ETF
FNDF
$25.1B
| $222M | 0.06% |
6,568,555
+190,961
| +3% | +$6.12M |
|
278
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.36B
| $218M | 0.06% |
1,170,728
+19,582
| +2% | +$3.27M |
|
279
Jack Henry & Associates
JKHY
$10.9B
| $217M | 0.06% |
1,329,119
-53,707
| -4% | -$8.22M |
|
280
First Trust Dorsey Wright Focus 5 ETF
FV
$3.67B
| $217M | 0.06% |
4,205,976
-508,651
| -11% | -$23.5M |
|
281
Suncor Energy
SU
$76B
| $216M | 0.06% |
6,751,423
-378,350
| -5% | -$12.4M |
|
282
Vanguard Health Care ETF
VHT
$18B
| $213M | 0.06% |
850,546
-46,929
| -5% | -$11.1M |
|
283
First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF
LMBS
$6.37B
| $213M | 0.06% |
4,406,887
-228,381
| -5% | -$10.8M |
|
284
Quest Diagnostics
DGX
$25.5B
| $213M | 0.06% |
1,542,981
-31,867
| -2% | -$4.19M |
|
285
Alerian MLP ETF
AMLP
$12.9B
| $210M | 0.05% |
4,946,698
+619,287
| +14% | +$26.3M |
|
286
Cintas
CTAS
$80.7B
| $210M | 0.05% |
1,393,820
+127,664
| +10% | +$17.1M |
|
287
iShares 3-7 Year Treasury Bond ETF
IEI
$17.8B
| $208M | 0.05% |
1,776,753
-95,995
| -5% | -$11M |
|
288
VanEck Morningstar Wide Moat ETF
MOAT
$12B
| $207M | 0.05% |
2,438,183
+305,404
| +14% | +$23.7M |
|
289
Dominion Energy
D
$60B
| $207M | 0.05% |
4,398,699
+1,305,664
| +42% | +$58.3M |
|
|
FISV
290
Fiserv Inc
FISV
$28.5B
| $206M | 0.05% |
1,551,578
+739
| +0% | +$90.7K |
|
291
AstraZeneca
AZN
$244B
| $205M | 0.05% |
1,522,697
+102,402
| +7% | +$13.3M |
|
292
McKesson
MCK
$96.8B
| $203M | 0.05% |
439,538
-1,338
| -0.3% | -$608K |
|
293
Novartis
NVS
$293B
| $202M | 0.05% |
2,003,548
-5,631
| -0.3% | -$544K |
|
294
Corteva
CTVA
$50.3B
| $202M | 0.05% |
4,205,676
-146,519
| -3% | -$6.99M |
|
295
Johnson Controls International
JCI
$90B
| $201M | 0.05% |
3,494,653
+1,915,799
| +121% | +$101M |
|
296
iShares 7-10 Year Treasury Bond ETF
IEF
$47.3B
| $200M | 0.05% |
2,075,084
-128,030
| -6% | -$11.8M |
|
297
John Hancock Multifactor Mid Cap ETF
JHMM
$6.02B
| $198M | 0.05% |
3,765,368
+69,295
| +2% | +$3.34M |
|
298
ProShares S&P 500 Dividend Aristocrats ETF
NOBL
$11.7B
| $196M | 0.05% |
4,119,484
+253,836
| +7% | +$11.4M |
|
299
PUT
Apple
AAPL
$4.43T
| $195M | 0.05% |
1,015,400
+177,900
| +21% | +$32.8M |
|
300
CALL
State Street Energy Select Sector SPDR ETF
XLE
$37.7B
| $193M | 0.05% |
4,600,000
+608,000
| +15% | +$26M |
|
Similar funds
Wells Fargo's Q4 2023 Portfolio in Review
As of Q4 2023, Wells Fargo held 7,882 positions worth $383B, up 12% from $341B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Wells Fargo's Q4 2023 filing shows 410 new, 3,687 increased, 2,463 reduced and 394 closed positions. Its largest new stake was FT Vest US Equity Buffer ETF April: 1,231,825 shares worth $43.1M. The largest sale was Invesco QQQ Trust, an estimated $487M.
By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 14% a quarter earlier, followed by Healthcare and Financials.
- Wells Fargo's largest Q4 2023 buy was FT Vest US Equity Buffer ETF April: 1,231,825 shares worth $43.1M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q4 2023, an estimated $790M increase.
- Wells Fargo's biggest Q4 2023 reduction was Invesco QQQ Trust, cutting an estimated $487M.
- Wells Fargo fully exited Activision Blizzard in Q4 2023, selling an estimated $65.2M.
- Wells Fargo's ten largest holdings make up 18% of its $383B portfolio in Q4 2023.
- Wells Fargo opened 410 new positions and closed 394 in Q4 2023.
- Wells Fargo's portfolio value rose 12% quarter-over-quarter to $383B.
Based on Wells Fargo's 13F filing for Q4 2023, filed 9 Feb 2024.