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 | |
|---|---|---|---|---|---|---|
301
ProShares S&P 500 Dividend Aristocrats ETF
NOBL
$11.7B
| $175M | 0.05% |
3,716,996
-111,332
| -3% | -$5.09M |
|
302
FedEx
FDX
$72.7B
| $173M | 0.05% |
697,599
-23,527
| -3% | -$5.38M |
|
303
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23B
| $170M | 0.05% |
3,387,102
-69,081
| -2% | -$3.48M |
|
304
First Trust Preferred Securities and Income ETF
FPE
$6.32B
| $169M | 0.05% |
10,598,387
-174,859
| -2% | -$2.78M |
|
305
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.12B
| $169M | 0.05% |
1,037,154
+207,173
| +25% | +$31.1M |
|
306
PUT
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$45.8B
| $168M | 0.05% |
490,000
+290,000
| +145% | +$97.6M |
|
307
Brown-Forman Class B
BF.B
$13.2B
| $168M | 0.05% |
2,521,297
+98,375
| +4% | +$6.3M |
|
308
Alerian MLP ETF
AMLP
$13B
| $168M | 0.05% |
4,280,583
-810,864
| -16% | -$31.4M |
|
309
Enbridge
ENB
$119B
| $167M | 0.05% |
4,504,522
+6,140
| +0.1% | +$234K |
|
310
Chipotle Mexican Grill
CMG
$47.2B
| $166M | 0.05% |
3,887,300
-185,100
| -5% | -$7.32M |
|
311
Vanguard Short-Term Inflation-Protected Securities Index Fund
VTIP
$19.1B
| $166M | 0.05% |
3,501,579
-188,161
| -5% | -$8.97M |
|
312
Elevance Health
ELV
$81.5B
| $166M | 0.05% |
373,322
+7,181
| +2% | +$3.31M |
|
313
iShares S&P Small-Cap 600 Value ETF
IJS
$8.12B
| $165M | 0.05% |
1,739,699
-144,638
| -8% | -$13.2M |
|
314
Toronto Dominion Bank
TD
$198B
| $165M | 0.05% |
2,655,145
-126,423
| -5% | -$7.61M |
|
315
Progressive
PGR
$123B
| $162M | 0.04% |
1,222,554
-77,543
| -6% | -$10.4M |
|
316
Invesco Preferred ETF
PGX
$3.81B
| $161M | 0.04% |
14,149,235
+1,441,572
| +11% | +$16.4M |
|
317
PUT
Apple
AAPL
$4.54T
| $160M | 0.04% |
824,800
-595,700
| -42% | -$104M |
|
318
Truist Financial
TFC
$63.3B
| $158M | 0.04% |
5,217,905
-25,721
| -0.5% | -$799K |
|
319
CrowdStrike
CRWD
$194B
| $158M | 0.04% |
4,306,508
+161,284
| +4% | +$5.62M |
|
320
TransDigm Group
TDG
$70.2B
| $158M | 0.04% |
176,181
+6,219
| +4% | +$4.92M |
|
321
iShares MSCI EAFE Growth ETF
EFG
$16.6B
| $157M | 0.04% |
1,642,984
+167,356
| +11% | +$15.9M |
|
322
Amphenol
APH
$198B
| $157M | 0.04% |
3,687,202
-102,178
| -3% | -$3.97M |
|
323
Xylem
XYL
$27.3B
| $156M | 0.04% |
1,388,164
+78,477
| +6% | +$8.3M |
|
324
Cognizant
CTSH
$24.9B
| $156M | 0.04% |
2,390,822
-158,728
| -6% | -$9.83M |
|
|
HES
325
DELISTED
Hess
HES
| $155M | 0.04% |
1,138,597
-10,018
| -0.9% | -$1.37M |
|
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, 3,912 increased, 2,324 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.