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 | |
|---|---|---|---|---|---|---|
3026
MidCap Financial Investment
MFIC
$804M
| $1.47M | ﹤0.01% |
117,227
-60,883
| -34% | -$710K |
|
3027
Gates Industrial Corporation Ltd.
GTES
$7.15B
| $1.47M | ﹤0.01% |
109,168
+374
| +0.3% | +$4.85K |
|
3028
GoPro
GPRO
$126M
| $1.47M | ﹤0.01% |
355,210
+25,224
| +8% | +$108K |
|
|
RC
3029
Ready Capital
RC
$308M
| $1.47M | ﹤0.01% |
130,342
+66,208
| +103% | +$699K |
|
3030
First Mid Bancshares
FMBH
$1.36B
| $1.47M | ﹤0.01% |
60,779
+4,216
| +7% | +$105K |
|
3031
PUT
Northrop Grumman
NOC
$81.2B
| $1.46M | ﹤0.01% |
3,200
| – | – |
|
|
SAVE
3032
DELISTED
Spirit Airlines, Inc.
SAVE
| $1.46M | ﹤0.01% |
84,947
+38,387
| +82% | +$629K |
|
3033
Columbia Financial
CLBK
$1.13B
| $1.45M | ﹤0.01% |
84,118
+4,100
| +5% | +$71.1K |
|
3034
Encore Capital Group
ECPG
$2.13B
| $1.45M | ﹤0.01% |
29,911
-3,966
| -12% | -$193K |
|
|
AMJ
3035
DELISTED
JP Morgan Alerian MLP Index ETN 5/24/24
AMJ
| $1.45M | ﹤0.01% |
63,455
-6,193
| -9% | -$139K |
|
3036
Rocket Lab Corp
RKLB
$51.8B
| $1.45M | ﹤0.01% |
242,252
+89,580
| +59% | +$411K |
|
3037
Werner Enterprises
WERN
$2.25B
| $1.45M | ﹤0.01% |
32,742
+11,105
| +51% | +$499K |
|
3038
John Hancock Multifactor Emerging Markets ETF
JHEM
$1.02B
| $1.44M | ﹤0.01% |
58,208
-19,176
| -25% | -$468K |
|
3039
Buckle
BKE
$2.37B
| $1.44M | ﹤0.01% |
41,532
+10,057
| +32% | +$337K |
|
|
LSXMA
3040
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $1.44M | ﹤0.01% |
59,563
-134,992
| -69% | -$2.87M |
|
3041
Nuveen Real Estate Income Fund
JRS
$246M
| $1.43M | ﹤0.01% |
193,107
-40,936
| -17% | -$298K |
|
3042
BNY Mellon US Large Cap Core Equity ETF
BKLC
$5.67B
| $1.43M | ﹤0.01% |
51,582
-1,764
| -3% | -$46.1K |
|
|
EVM
3043
DELISTED
Eaton Vance California Municipal Bond Fund
EVM
| $1.43M | ﹤0.01% |
160,910
-222,045
| -58% | -$1.97M |
|
|
CNR
3044
Core Natural Resources Inc
CNR
$4.45B
| $1.43M | ﹤0.01% |
21,109
+7,667
| +57% | +$468K |
|
|
HQL
3045
abrdn Life Sciences Investors
HQL
$627M
| $1.43M | ﹤0.01% |
105,438
-19,641
| -16% | -$271K |
|
|
CVSA
3046
Covista Inc
CVSA
$4.8B
| $1.43M | ﹤0.01% |
41,501
-3,998
| -9% | -$160K |
|
3047
Reynolds Consumer Products
REYN
$5.59B
| $1.42M | ﹤0.01% |
50,435
+2,190
| +5% | +$60.9K |
|
3048
CALL
SLB Ltd
SLB
$75B
| $1.42M | ﹤0.01% |
29,000
| – | – |
|
3049
PagSeguro Digital
PAGS
$2.55B
| $1.42M | ﹤0.01% |
150,852
+130,229
| +631% | +$1.32M |
|
3050
Brookfield Renewable
BEP
$9.96B
| $1.42M | ﹤0.01% |
48,278
-4,435
| -8% | -$136K |
|
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, 3,910 increased, 2,322 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.