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
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1B |
| 2 |
Microsoft
MSFT
|
+$878M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$748M |
| 4 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$647M |
| 5 |
Amazon
AMZN
|
+$436M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.09% |
| 2 | Healthcare | 9.01% |
| 3 | Financials | 7.29% |
| 4 | Industrials | 6.45% |
| 5 | Consumer Discretionary | 5.37% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
$16.9B
| $169M | 0.05% |
1,708,176
-188,664
| -10% | -$18.8M |
|
302
Hasbro
HAS
$13.2B
| $168M | 0.05% |
2,052,378
-3,648
| -0.2% | -$316K |
|
303
State Street Materials Select Sector SPDR ETF
XLB
$8.5B
| $165M | 0.05% |
4,482,506
+1,050,054
| +31% | +$43.9M |
|
304
Parker-Hannifin
PH
$123B
| $164M | 0.05% |
667,483
-86,888
| -12% | -$23.3M |
|
305
Schwab US Dividend Equity ETF
SCHD
$103B
| $164M | 0.05% |
6,848,268
+1,056,648
| +18% | +$26.9M |
|
306
CrowdStrike
CRWD
$194B
| $163M | 0.05% |
3,872,588
-38,016
| -1% | -$1.72M |
|
307
iShares 7-10 Year Treasury Bond ETF
IEF
$47.1B
| $163M | 0.05% |
1,592,666
-650,813
| -29% | -$66.8M |
|
308
PUT
Tesla
TSLA
$1.23T
| $161M | 0.05% |
715,800
-285,000
| -28% | -$77.8M |
|
309
abrdn Bloomberg All Commodity Strategy K-1 Free ETF
BCI
$2.95B
| $161M | 0.05% |
5,912,044
+588,035
| +11% | +$17.6M |
|
310
Canadian Pacific Kansas City
CP
$78.1B
| $160M | 0.05% |
2,292,608
-283,347
| -11% | -$20.5M |
|
311
Vanguard Short-Term Treasury ETF
VGSH
$29.3B
| $159M | 0.05% |
2,696,657
-125,027
| -4% | -$7.37M |
|
312
Brown-Forman Class B
BF.B
$13.2B
| $158M | 0.05% |
2,256,928
-43,389
| -2% | -$2.91M |
|
313
Devon Energy
DVN
$52.1B
| $158M | 0.05% |
2,863,117
+42,185
| +1% | +$2.76M |
|
314
Vanguard Intermediate-Term Treasury ETF
VGIT
$41.6B
| $157M | 0.05% |
2,564,511
+484,712
| +23% | +$29.7M |
|
315
GSK
GSK
$104B
| $157M | 0.05% |
2,876,306
+120,696
| +4% | +$6.66M |
|
316
Zebra Technologies
ZBRA
$14B
| $156M | 0.05% |
532,024
-32,846
| -6% | -$11.4M |
|
317
AstraZeneca
AZN
$263B
| $156M | 0.05% |
1,178,229
+31,647
| +3% | +$4.15M |
|
318
Valero Energy
VLO
$90.1B
| $154M | 0.05% |
1,450,230
-274,602
| -16% | -$32.5M |
|
319
Vanguard Morningstar Mega Cap Growth ETF
MGK
$32.5B
| $149M | 0.05% |
4,100,620
-33,235
| -0.8% | -$1.34M |
|
320
Dollar Tree
DLTR
$24.4B
| $145M | 0.04% |
931,941
-28,652
| -3% | -$4.54M |
|
321
McCormick & Company Non-Voting
MKC
$13.7B
| $145M | 0.04% |
1,738,126
-80,078
| -4% | -$7.59M |
|
322
Freeport-McMoran
FCX
$90B
| $144M | 0.04% |
4,931,503
-643,113
| -12% | -$25.7M |
|
|
FISV
323
Fiserv Inc
FISV
$28.8B
| $144M | 0.04% |
1,619,170
-538,501
| -25% | -$52.2M |
|
324
Prudential Financial
PRU
$42.4B
| $144M | 0.04% |
1,500,656
-99,332
| -6% | -$10.5M |
|
325
Autodesk
ADSK
$49.5B
| $143M | 0.04% |
832,943
-95,385
| -10% | -$18.3M |
|
Similar funds
Wells Fargo's Q2 2022 Portfolio in Review
As of Q2 2022, Wells Fargo held 8,080 positions worth $323B, down 17% from $390B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Wells Fargo withdrew a net $12.6B in Q2 2022, closing 375 positions and reducing 4,229 holdings. Its most notable exit was People's United Financial Inc, an estimated $250M position sold in full.
By sector, the portfolio is most concentrated in Technology at 13% of assets, down from 15% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Wells Fargo opened a new position in Aspen Technology Inc worth $80.2M.
- Wells Fargo's largest Q2 2022 buy was Aspen Technology Inc: 436,654 shares worth $80.2M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q2 2022, an estimated $2.47B increase.
- Wells Fargo's biggest Q2 2022 reduction was Apple, cutting an estimated $1B.
- Wells Fargo fully exited People's United Financial Inc in Q2 2022, selling an estimated $250M.
- Wells Fargo's ten largest holdings make up 18% of its $323B portfolio in Q2 2022.
- Wells Fargo opened 271 new positions and closed 375 in Q2 2022.
- Wells Fargo's portfolio value fell 17% quarter-over-quarter to $323B.
Based on Wells Fargo's 13F filing for Q2 2022, filed 12 Aug 2022.