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 | |
|---|---|---|---|---|---|---|
276
iShares MBS ETF
MBB
$38.9B
| $238M | 0.06% |
2,596,877
-656,025
| -20% | -$59.7M |
|
277
Corteva
CTVA
$52.6B
| $236M | 0.06% |
4,381,288
+33,115
| +0.8% | +$1.82M |
|
278
State Street SPDR S&P Dividend ETF
SDY
$21.7B
| $234M | 0.06% |
1,842,625
-42,808
| -2% | -$5.51M |
|
279
VanEck Morningstar Wide Moat ETF
MOAT
$11.9B
| $234M | 0.06% |
2,702,748
+45,481
| +2% | +$3.95M |
|
280
Dow Inc
DOW
$21.9B
| $233M | 0.06% |
4,392,485
+214,963
| +5% | +$12.3M |
|
281
Dominion Energy
D
$60.8B
| $232M | 0.06% |
4,725,859
-114,320
| -2% | -$5.82M |
|
282
KKR & Co
KKR
$91.1B
| $230M | 0.06% |
2,185,662
+131,760
| +6% | +$13.4M |
|
283
Capital Group Dividend Value ETF
CGDV
$37.7B
| $228M | 0.06% |
6,897,387
+1,114,860
| +19% | +$36.3M |
|
284
TransDigm Group
TDG
$70.2B
| $227M | 0.06% |
177,693
+5,086
| +3% | +$6.52M |
|
285
Watsco Inc
WSO
$12.7B
| $226M | 0.05% |
488,118
-33,389
| -6% | -$15.3M |
|
286
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.12B
| $225M | 0.05% |
1,100,282
-12,684
| -1% | -$2.55M |
|
287
CME Group
CME
$96.3B
| $224M | 0.05% |
1,141,797
+24,475
| +2% | +$5.06M |
|
288
Schwab Fundamental International Large Company Index ETF
FNDF
$24.9B
| $224M | 0.05% |
6,394,989
-95,058
| -1% | -$3.37M |
|
289
First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF
LMBS
$6.35B
| $224M | 0.05% |
4,657,621
-91,411
| -2% | -$4.39M |
|
290
Janus Henderson AAA CLO ETF
JAAA
$29B
| $223M | 0.05% |
4,390,022
+864,071
| +25% | +$43.8M |
|
291
Novartis
NVS
$297B
| $222M | 0.05% |
2,088,574
+78,448
| +4% | +$7.87M |
|
292
Jack Henry & Associates
JKHY
$10.9B
| $222M | 0.05% |
1,336,560
-11,504
| -0.9% | -$1.91M |
|
293
CALL
VanEck Semiconductor ETF
SMH
$65.2B
| $220M | 0.05% |
843,000
+643,000
| +322% | +$151M |
|
294
Constellation Brands
STZ
$22.2B
| $213M | 0.05% |
829,631
+92,164
| +12% | +$23.7M |
|
295
PUT
iShares 20+ Year Treasury Bond ETF
TLT
$42.1B
| $213M | 0.05% |
2,325,000
+1,866,800
| +407% | +$170M |
|
296
Xtrackers USD High Yield Corporate Bond ETF
HYLB
$3.52B
| $213M | 0.05% |
6,007,138
-122,553
| -2% | -$4.33M |
|
297
ProShares S&P 500 Dividend Aristocrats ETF
NOBL
$11.7B
| $211M | 0.05% |
4,397,938
+175,134
| +4% | +$8.57M |
|
298
Quest Diagnostics
DGX
$25.7B
| $207M | 0.05% |
1,510,970
-66,730
| -4% | -$9.14M |
|
|
299
CALL
Apple
AAPL
$4.54T
| $206M | 0.05% |
977,500
+834,700
| +585% | +$156M |
|
300
FT Vest S&P 500 Dividend Aristocrats Target Income ETF
KNG
$3.4B
| $205M | 0.05% |
4,052,765
+217,838
| +6% | +$11.3M |
|
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.