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 | |
|---|---|---|---|---|---|---|
3001
Global X MSCI China Consumer Discretionary ETF
CHIQ
$127M
| $1.4M | ﹤0.01% |
69,494
+36,535
| +111% | +$773K |
|
|
AEF
3002
abrdn Emerging Markets Equity Income Fund
AEF
$364M
| $1.4M | ﹤0.01% |
261,438
+2,477
| +1% | +$13.3K |
|
|
AKRO
3003
DELISTED
Akero Therapeutics
AKRO
| $1.4M | ﹤0.01% |
36,617
+34,800
| +1,915% | +$1.55M |
|
3004
CALL
Treace Medical Concepts
TMCI
$303M
| $1.39M | ﹤0.01% |
+55,300
| New | +$1.3M |
|
|
SWN
3005
DELISTED
Southwestern Energy Company
SWN
| $1.39M | ﹤0.01% |
278,266
+174,319
| +168% | +$925K |
|
3006
Clear Secure
YOU
$5.27B
| $1.39M | ﹤0.01% |
53,127
+12,511
| +31% | +$355K |
|
3007
Invesco KBW Premium Yield Equity REIT ETF
KBWY
$305M
| $1.39M | ﹤0.01% |
75,538
+4,967
| +7% | +$101K |
|
3008
Nabors Industries
NBR
$1.33B
| $1.38M | ﹤0.01% |
11,349
+1,880
| +20% | +$285K |
|
3009
Televisa
TV
$1.52B
| $1.38M | ﹤0.01% |
261,404
+4,384
| +2% | +$23.5K |
|
3010
Sprott Gold Miners ETF
SGDM
$661M
| $1.37M | ﹤0.01% |
48,637
-1,721
| -3% | -$45.2K |
|
3011
Ardelyx
ARDX
$997M
| $1.37M | ﹤0.01% |
286,432
+257,705
| +897% | +$869K |
|
|
LNW
3012
DELISTED
Light & Wonder
LNW
| $1.37M | ﹤0.01% |
22,782
+17,535
| +334% | +$1.08M |
|
3013
Anavex Life Sciences
AVXL
$314M
| $1.37M | ﹤0.01% |
159,578
+69,415
| +77% | +$693K |
|
3014
Hilton Grand Vacations
HGV
$3.31B
| $1.37M | ﹤0.01% |
30,727
+19,744
| +180% | +$894K |
|
|
CTLP
3015
DELISTED
Cantaloupe
CTLP
| $1.36M | ﹤0.01% |
239,158
+10,361
| +5% | +$55.2K |
|
3016
SiriusXM
SIRI
$9.7B
| $1.36M | ﹤0.01% |
34,220
-4,675
| -12% | -$224K |
|
|
BRKL
3017
DELISTED
Brookline Bancorp
BRKL
| $1.35M | ﹤0.01% |
129,040
+22,160
| +21% | +$279K |
|
3018
BNY Mellon US Large Cap Core Equity ETF
BKLC
$5.69B
| $1.35M | ﹤0.01% |
53,346
+2,484
| +5% | +$60.7K |
|
|
PRVB
3019
DELISTED
Provention Bio, Inc. Common Stock
PRVB
| $1.35M | ﹤0.01% |
56,101
-3,747
| -6% | -$47K |
|
3020
Ingles Markets
IMKTA
$1.62B
| $1.35M | ﹤0.01% |
15,214
-596
| -4% | -$55.3K |
|
3021
Cass Information Systems
CASS
$734M
| $1.35M | ﹤0.01% |
31,116
+3,929
| +14% | +$188K |
|
3022
Core & Main
CNM
$8.67B
| $1.35M | ﹤0.01% |
58,256
-34,844
| -37% | -$767K |
|
|
DMC
3023
Del Monte Corp
DMC
$1.43B
| $1.35M | ﹤0.01% |
44,681
+328
| +0.7% | +$9.53K |
|
3024
Novavax
NVAX
$1.3B
| $1.34M | ﹤0.01% |
193,567
+178,161
| +1,156% | +$1.64M |
|
3025
CALL
Eli Lilly
LLY
$1.1T
| $1.34M | ﹤0.01% |
3,900
+3,300
| +550% | +$1.11M |
|
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.