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 |
iShares Core MSCI EAFE ETF
IEFA
|
+$731M |
| 2 |
Amazon
AMZN
|
+$442M |
| 3 |
S&P Global
SPGI
|
+$385M |
| 4 |
ARK Innovation ETF
ARKK
|
+$253M |
| 5 |
UnitedHealth
UNH
|
+$245M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.71B |
| 2 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$1.05B |
| 3 |
Apple
AAPL
|
+$629M |
| 4 |
US Bancorp
USB
|
+$575M |
| 5 |
Microsoft
MSFT
|
+$443M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.15% |
| 2 | Healthcare | 8.09% |
| 3 | Financials | 7.18% |
| 4 | Industrials | 6.24% |
| 5 | Consumer Discretionary | 5.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
ProShares S&P 500 Dividend Aristocrats ETF
NOBL
$11.9B
| $171M | 0.05% |
3,865,648
+148,652
| +4% | +$6.98M |
|
302
Progressive
PGR
$123B
| $171M | 0.05% |
1,224,532
+1,978
| +0.2% | +$260K |
|
303
Invesco Preferred ETF
PGX
$3.81B
| $169M | 0.05% |
15,431,974
+1,282,739
| +9% | +$14.3M |
|
304
First Trust Preferred Securities and Income ETF
FPE
$6.35B
| $168M | 0.05% |
10,549,521
-48,866
| -0.5% | -$787K |
|
305
Crown Castle
CCI
$33.9B
| $168M | 0.05% |
1,823,032
-726,632
| -28% | -$75.3M |
|
306
VanEck Oil Services ETF
OIH
$1.94B
| $165M | 0.05% |
479,149
+16,312
| +4% | +$5.51M |
|
307
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23B
| $164M | 0.05% |
3,297,253
-89,849
| -3% | -$4.5M |
|
308
Hilton Worldwide
HLT
$70.2B
| $163M | 0.05% |
1,085,904
+552,767
| +104% | +$83.5M |
|
309
VanEck Morningstar Wide Moat ETF
MOAT
$12.1B
| $162M | 0.05% |
2,132,779
+382,012
| +22% | +$30.4M |
|
310
Airbnb
ABNB
$89B
| $160M | 0.05% |
1,167,284
+19,117
| +2% | +$2.64M |
|
311
Northrop Grumman
NOC
$78.4B
| $160M | 0.05% |
362,792
-36,124
| -9% | -$15.9M |
|
312
Arista Networks
ANET
$240B
| $158M | 0.05% |
3,444,248
-75,856
| -2% | -$3.38M |
|
313
J.M. Smucker
SJM
$12.7B
| $158M | 0.05% |
1,287,999
-35,876
| -3% | -$5.1M |
|
314
Toronto Dominion Bank
TD
$197B
| $157M | 0.05% |
2,608,681
-46,464
| -2% | -$2.9M |
|
315
PGIM Ultra Short Bond ETF
PULS
$18.3B
| $157M | 0.05% |
3,163,697
-553,193
| -15% | -$27.3M |
|
316
Boston Scientific
BSX
$71.1B
| $156M | 0.05% |
2,952,750
-430,998
| -13% | -$22.6M |
|
317
Trane Technologies
TT
$104B
| $155M | 0.05% |
762,347
-28,612
| -4% | -$5.73M |
|
318
American Water Works
AWK
$26.6B
| $153M | 0.04% |
1,233,808
-19,672
| -2% | -$2.76M |
|
319
Cognizant
CTSH
$25.3B
| $153M | 0.04% |
2,252,087
-138,735
| -6% | -$9.57M |
|
320
Cintas
CTAS
$81.5B
| $152M | 0.04% |
1,266,156
+124,556
| +11% | +$15.5M |
|
321
Electronic Arts
EA
$52.9B
| $151M | 0.04% |
1,256,731
-133,231
| -10% | -$16.8M |
|
322
Pool Corp
POOL
$7.39B
| $151M | 0.04% |
423,046
+24,865
| +6% | +$9.05M |
|
323
Enbridge
ENB
$117B
| $149M | 0.04% |
4,493,082
-11,440
| -0.3% | -$406K |
|
324
iShares MSCI Japan ETF
EWJ
$22.4B
| $148M | 0.04% |
2,459,441
+1,703,583
| +225% | +$105M |
|
325
Pacer US Small Cap Cash Cows 100 ETF
CALF
$3.81B
| $148M | 0.04% |
3,539,920
+1,007,876
| +40% | +$42.5M |
|
Similar funds
Wells Fargo's Q3 2023 Portfolio in Review
As of Q3 2023, Wells Fargo held 7,828 positions worth $341B, down 5.8% from $362B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Wells Fargo's Q3 2023 filing shows 318 new, 2,127 increased, 4,030 reduced and 353 closed positions. Its largest new stake was TKO Group: 129,045 shares worth $10.8M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $3.71B.
By sector, the portfolio is most concentrated in Technology at 14% of assets, down from 15% a quarter earlier, followed by Healthcare and Financials.
- Wells Fargo's largest Q3 2023 buy was TKO Group: 129,045 shares worth $10.8M.
- Wells Fargo added most to iShares Core MSCI EAFE ETF in Q3 2023, an estimated $731M increase.
- Wells Fargo's biggest Q3 2023 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $3.71B.
- Wells Fargo fully exited PG&E Corporation in Q3 2023, selling an estimated $86.2M.
- Wells Fargo's ten largest holdings make up 18% of its $341B portfolio in Q3 2023.
- Wells Fargo opened 318 new positions and closed 353 in Q3 2023.
- Wells Fargo's portfolio value fell 5.8% quarter-over-quarter to $341B.
Based on Wells Fargo's 13F filing for Q3 2023, filed 13 Nov 2023.