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 | |
|---|---|---|---|---|---|---|
2976
Towne Bank
TOWN
$3.4B
| $1.47M | ﹤0.01% |
55,136
+15,410
| +39% | +$455K |
|
2977
Rogers Corp
ROG
$2.29B
| $1.47M | ﹤0.01% |
8,974
+5,072
| +130% | +$732K |
|
|
HEQ
2978
John Hancock Hedged Equity & Income Fund
HEQ
$141M
| $1.47M | ﹤0.01% |
126,044
+12,362
| +11% | +$145K |
|
2979
Columbia Financial
CLBK
$1.12B
| $1.46M | ﹤0.01% |
80,018
+3,122
| +4% | +$63.3K |
|
2980
Goldman Sachs Access Investment Grade Corporate Bond ETF
GIGB
$969M
| $1.46M | ﹤0.01% |
31,950
+20,678
| +183% | +$936K |
|
2981
Utz Brands
UTZ
$1.25B
| $1.46M | ﹤0.01% |
88,576
+15,553
| +21% | +$257K |
|
2982
Krystal Biotech
KRYS
$9.81B
| $1.46M | ﹤0.01% |
18,185
+13,915
| +326% | +$1.09M |
|
|
MAXR
2983
CALL
DELISTED
Maxar Technologies Inc. Common Stock
MAXR
| $1.46M | ﹤0.01% |
28,500
-41,200
| -59% | -$2.11M |
|
2984
Progress Software
PRGS
$1.78B
| $1.46M | ﹤0.01% |
25,328
+4,575
| +22% | +$255K |
|
2985
Frontline
FRO
$8.56B
| $1.45M | ﹤0.01% |
87,424
+69,175
| +379% | +$1.09M |
|
|
FSD
2986
DELISTED
FIRST TRUST HIGH INCOME LONG/SHORT FUND
FSD
| $1.45M | ﹤0.01% |
127,495
-10,375
| -8% | -$120K |
|
2987
Fidelity MSCI Consumer Discretionary Index ETF
FDIS
$1.73B
| $1.44M | ﹤0.01% |
22,066
-23,418
| -51% | -$1.48M |
|
|
HGLB
2988
Highland Global Allocation Fund
HGLB
$177M
| $1.44M | ﹤0.01% |
158,809
-3,982
| -2% | -$38.6K |
|
2989
SL Green Realty
SLG
$3.9B
| $1.43M | ﹤0.01% |
60,805
-25,544
| -30% | -$862K |
|
2990
PUT
ConocoPhillips
COP
$148B
| $1.43M | ﹤0.01% |
14,400
+12,400
| +620% | +$1.36M |
|
2991
PureCycle Technologies
PCT
$1.46B
| $1.43M | ﹤0.01% |
203,929
+25,539
| +14% | +$178K |
|
2992
STAAR Surgical
STAA
$1.25B
| $1.43M | ﹤0.01% |
22,305
+11,365
| +104% | +$742K |
|
2993
Sprout Social
SPT
$604M
| $1.42M | ﹤0.01% |
23,399
+9,307
| +66% | +$570K |
|
2994
CALL
SLB Ltd
SLB
$78.9B
| $1.42M | ﹤0.01% |
+29,000
| New | +$1.54M |
|
2995
Yelp
YELP
$1.35B
| $1.42M | ﹤0.01% |
46,313
+14,812
| +47% | +$446K |
|
2996
Nuveen Core Equity Alpha Fund
JCE
$289M
| $1.42M | ﹤0.01% |
115,389
+12,764
| +12% | +$162K |
|
|
MFM
2997
Aberdeen Municipal Income Fund
MFM
$222M
| $1.41M | ﹤0.01% |
263,667
-17,558
| -6% | -$91.1K |
|
2998
Invesco BulletShares 2032 Corporate Bond ETF
BSCW
$1.52B
| $1.4M | ﹤0.01% |
68,434
-26,035
| -28% | -$529K |
|
2999
Rocket Companies
RKT
$39B
| $1.4M | ﹤0.01% |
154,946
+29,686
| +24% | +$256K |
|
3000
United Microelectronic
UMC
$47.1B
| $1.4M | ﹤0.01% |
160,221
-30,828
| -16% | -$250K |
|
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.