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 |
Starbucks
SBUX
|
+$853M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$805M |
| 3 |
Zoetis
ZTS
|
+$650M |
| 4 |
iShares Core US Aggregate Bond ETF
AGG
|
+$391M |
| 5 |
iShares Core Universal USD Bond ETF
IUSB
|
+$177M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.03B |
| 2 |
Amazon
AMZN
|
+$772M |
| 3 |
Becton Dickinson
BDX
|
+$486M |
| 4 |
Medtronic
MDT
|
+$440M |
| 5 |
Vanguard Long-Term Bond ETF
BLV
|
+$373M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.37% |
| 2 | Financials | 7.47% |
| 3 | Healthcare | 7.23% |
| 4 | Industrials | 6.4% |
| 5 | Consumer Discretionary | 5.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
301
FT Vest S&P 500 Dividend Aristocrats Target Income ETF
KNG
$3.45B
| $206M | 0.05% |
3,834,927
+884,332
| +30% | +$45.8M |
|
302
Sysco
SYY
$39.6B
| $206M | 0.05% |
2,535,967
+15,212
| +0.6% | +$1.2M |
|
303
SAP
SAP
$226B
| $204M | 0.05% |
1,044,820
-120,830
| -10% | -$21.5M |
|
304
Trane Technologies
TT
$104B
| $203M | 0.05% |
675,526
-49,935
| -7% | -$13.6M |
|
305
Constellation Brands
STZ
$22.4B
| $200M | 0.05% |
737,467
-5,268
| -0.7% | -$1.33M |
|
306
WisdomTree Floating Rate Treasury Fund
USFR
$18.4B
| $200M | 0.05% |
3,974,347
-763,461
| -16% | -$38.4M |
|
307
T. Rowe Price
TROW
$24.7B
| $199M | 0.05% |
1,630,387
-20,172
| -1% | -$2.25M |
|
308
First Trust Preferred Securities and Income ETF
FPE
$6.35B
| $196M | 0.05% |
11,294,102
+702,080
| +7% | +$12M |
|
309
Novartis
NVS
$291B
| $194M | 0.05% |
2,010,126
+6,578
| +0.3% | +$674K |
|
310
Travelers Companies
TRV
$78.7B
| $194M | 0.05% |
841,512
+28,692
| +4% | +$6.13M |
|
311
Canadian Pacific Kansas City
CP
$79.7B
| $189M | 0.05% |
2,139,505
+216,657
| +11% | +$18.2M |
|
312
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23B
| $189M | 0.05% |
3,678,888
+247,155
| +7% | +$12.6M |
|
313
State Street SPDR Portfolio High Yield Bond ETF
SPHY
$11.6B
| $188M | 0.05% |
8,024,338
-20,678
| -0.3% | -$483K |
|
|
GRMN
314
Garmin
GRMN
$59.3B
| $188M | 0.05% |
1,263,688
-27,901
| -2% | -$3.68M |
|
315
Capital Group Dividend Value ETF
CGDV
$38.7B
| $188M | 0.05% |
5,782,527
+1,684,244
| +41% | +$51.8M |
|
316
PUT
Advanced Micro Devices
AMD
$846B
| $187M | 0.05% |
1,036,200
+651,400
| +169% | +$114M |
|
317
Elevance Health
ELV
$82B
| $187M | 0.04% |
359,777
+15,311
| +4% | +$7.61M |
|
318
iShares 7-10 Year Treasury Bond ETF
IEF
$47.3B
| $186M | 0.04% |
1,964,956
-110,128
| -5% | -$10.4M |
|
319
Northrop Grumman
NOC
$78.4B
| $186M | 0.04% |
388,425
+7,498
| +2% | +$3.45M |
|
320
Airbnb
ABNB
$89B
| $185M | 0.04% |
1,123,866
+50,155
| +5% | +$7.59M |
|
321
Altria Group
MO
$114B
| $182M | 0.04% |
4,176,304
+47,102
| +1% | +$1.95M |
|
322
iShares US Technology ETF
IYW
$25.1B
| $182M | 0.04% |
1,344,188
+90,116
| +7% | +$11.7M |
|
323
Emcor
EME
$36.2B
| $181M | 0.04% |
518,126
-74,485
| -13% | -$20M |
|
324
John Hancock Multifactor Mid Cap ETF
JHMM
$6.1B
| $181M | 0.04% |
3,153,565
-611,803
| -16% | -$32.9M |
|
325
PUT
State Street Energy Select Sector SPDR ETF
XLE
$38.4B
| $180M | 0.04% |
3,817,400
+2,559,400
| +203% | +$110M |
|
Similar funds
Wells Fargo's Q1 2024 Portfolio in Review
As of Q1 2024, Wells Fargo held 7,849 positions worth $415B, up 8.3% from $383B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Wells Fargo's Q1 2024 filing shows 357 new, 3,869 increased, 2,176 reduced and 456 closed positions. Its largest new stake was FT Vest US Equity Buffer ETF July: 970,130 shares worth $43.1M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $1.03B.
By sector, the portfolio is most concentrated in Technology at 14% of assets, down from 14% a quarter earlier, followed by Financials and Healthcare.
- Wells Fargo's largest Q1 2024 buy was FT Vest US Equity Buffer ETF July: 970,130 shares worth $43.1M.
- Wells Fargo added most to Starbucks in Q1 2024, an estimated $853M increase.
- Wells Fargo's biggest Q1 2024 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.03B.
- Wells Fargo fully exited Splunk Inc in Q1 2024, selling an estimated $43.1M.
- Wells Fargo's ten largest holdings make up 19% of its $415B portfolio in Q1 2024.
- Wells Fargo opened 357 new positions and closed 456 in Q1 2024.
- Wells Fargo's portfolio value rose 8.3% quarter-over-quarter to $415B.
Based on Wells Fargo's 13F filing for Q1 2024, filed 10 May 2024.