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 | |
|---|---|---|---|---|---|---|
3051
WisdomTree International MidCap Dividend Fund
DIM
$170M
| $1.42M | ﹤0.01% |
24,699
-1,654
| -6% | -$97.7K |
|
3052
PUT
Abbott
ABT
$187B
| $1.42M | ﹤0.01% |
13,000
-20,100
| -61% | -$2.14M |
|
3053
PUT
Philip Morris
PM
$295B
| $1.42M | ﹤0.01% |
14,500
+2,200
| +18% | +$210K |
|
3054
Red Rock Resorts
RRR
$3.62B
| $1.41M | ﹤0.01% |
30,204
+7,480
| +33% | +$347K |
|
3055
Driven Brands
DRVN
$2.2B
| $1.41M | ﹤0.01% |
52,215
-623
| -1% | -$17.3K |
|
|
TWO
3056
Two Harbors Investment
TWO
$1.27B
| $1.41M | ﹤0.01% |
101,731
+25,448
| +33% | +$336K |
|
|
VRNT
3057
DELISTED
Verint Systems
VRNT
| $1.41M | ﹤0.01% |
40,264
+12,224
| +44% | +$440K |
|
3058
VictoryShares Dividend Accelerator ETF
VSDA
$251M
| $1.41M | ﹤0.01% |
30,475
-2,215
| -7% | -$99.4K |
|
3059
Eos Energy Enterprises
EOSE
$1.51B
| $1.4M | ﹤0.01% |
323,215
+77,392
| +31% | +$203K |
|
3060
Roivant Sciences
ROIV
$26.2B
| $1.4M | ﹤0.01% |
139,132
+12,807
| +10% | +$115K |
|
3061
BlackRock MuniAssets Fund
MUA
$522M
| $1.4M | ﹤0.01% |
137,351
-8,369
| -6% | -$86K |
|
3062
Nuveen Core Equity Alpha Fund
JCE
$288M
| $1.4M | ﹤0.01% |
109,575
-5,814
| -5% | -$71.4K |
|
3063
Cohu
COHU
$2.5B
| $1.4M | ﹤0.01% |
33,627
+13,239
| +65% | +$489K |
|
|
KIO
3064
KKR Income Opportunities Fund
KIO
$457M
| $1.4M | ﹤0.01% |
120,357
+733
| +0.6% | +$8.2K |
|
3065
WisdomTree Yield Enhanced US Aggregate Bond Fund
AGGY
$926M
| $1.39M | ﹤0.01% |
32,282
-4,002
| -11% | -$174K |
|
|
MMU
3066
Western Asset Managed Municipals Fund
MMU
$554M
| $1.39M | ﹤0.01% |
139,747
+45,296
| +48% | +$454K |
|
|
HEQ
3067
John Hancock Hedged Equity & Income Fund
HEQ
$140M
| $1.39M | ﹤0.01% |
128,707
+2,663
| +2% | +$29K |
|
3068
Spectrum Brands
SPB
$2.07B
| $1.39M | ﹤0.01% |
17,763
+2,632
| +17% | +$188K |
|
3069
Nuveen Virginia Quality Municipal Income Fund
NPV
$214M
| $1.38M | ﹤0.01% |
128,341
-27,521
| -18% | -$304K |
|
3070
Biohaven
BHVN
$2.21B
| $1.38M | ﹤0.01% |
57,847
-18,047
| -24% | -$311K |
|
|
FOCS
3071
DELISTED
Focus Financial Partners Inc. Class A
FOCS
| $1.38M | ﹤0.01% |
26,327
+13,450
| +104% | +$701K |
|
3072
Corcept Therapeutics
CORT
$12B
| $1.38M | ﹤0.01% |
61,971
+29,676
| +92% | +$683K |
|
|
VISN
3073
Vistance Networks Inc
VISN
$2.52B
| $1.38M | ﹤0.01% |
244,369
+76,862
| +46% | +$367K |
|
3074
SiriusXM
SIRI
$10.1B
| $1.37M | ﹤0.01% |
30,324
-3,896
| -11% | -$147K |
|
3075
BlackRock Floating Rate Income Strategies Fund
FRA
$385M
| $1.37M | ﹤0.01% |
112,068
+25,680
| +30% | +$304K |
|
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.