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 | |
|---|---|---|---|---|---|---|
|
BRSP
3226
BrightSpire Capital
BRSP
$648M
| $1.15M | ﹤0.01% |
171,357
+35,047
| +26% | +$208K |
|
|
DCF
3227
DELISTED
BNY Mellon Alcentra Global Credit Income 2024 Target Term Fund, Inc.
DCF
| $1.15M | ﹤0.01% |
152,579
-8,603
| -5% | -$65.4K |
|
3228
TPG
TPG
$7.86B
| $1.15M | ﹤0.01% |
39,306
+26,233
| +201% | +$736K |
|
3229
Marqeta
MQ
$1.66B
| $1.15M | ﹤0.01% |
59,027
+24,877
| +73% | +$451K |
|
|
AGNT
3230
AGNT Inc
AGNT
$734M
| $1.15M | ﹤0.01% |
56,677
-22,413
| -28% | -$335K |
|
|
MFM
3231
Aberdeen Municipal Income Fund
MFM
$224M
| $1.15M | ﹤0.01% |
224,970
-38,697
| -15% | -$198K |
|
|
THW
3232
abrdn World Healthcare Fund
THW
$551M
| $1.15M | ﹤0.01% |
81,748
-26,406
| -24% | -$374K |
|
3233
Rush Enterprises Class A
RUSHA
$6.22B
| $1.14M | ﹤0.01% |
28,251
+8,938
| +46% | +$328K |
|
|
UHT
3234
Universal Health Realty Income Trust
UHT
$594M
| $1.14M | ﹤0.01% |
24,010
+2,334
| +11% | +$107K |
|
3235
AdvanSix
ASIX
$444M
| $1.14M | ﹤0.01% |
32,624
+4,319
| +15% | +$157K |
|
|
EGLE
3236
DELISTED
Eagle Bulk Shipping Inc.
EGLE
| $1.14M | ﹤0.01% |
23,722
+4,664
| +24% | +$206K |
|
|
AY
3237
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $1.14M | ﹤0.01% |
48,438
+7,534
| +18% | +$194K |
|
|
VERV
3238
DELISTED
Verve Therapeutics
VERV
| $1.13M | ﹤0.01% |
60,471
+7,856
| +15% | +$131K |
|
3239
iShares MSCI Denmark ETF
EDEN
$206M
| $1.13M | ﹤0.01% |
10,612
+952
| +10% | +$103K |
|
|
BRDG
3240
DELISTED
Bridge Investment Group
BRDG
| $1.13M | ﹤0.01% |
99,754
+46,479
| +87% | +$473K |
|
3241
ALPS Medical Breakthroughs ETF
SBIO
$215M
| $1.13M | ﹤0.01% |
35,861
+18,694
| +109% | +$581K |
|
3242
AngloGold Ashanti
AU
$48.7B
| $1.13M | ﹤0.01% |
53,520
+51,552
| +2,620% | +$1.3M |
|
3243
Strategic Education
STRA
$1.92B
| $1.13M | ﹤0.01% |
16,636
+5,257
| +46% | +$429K |
|
3244
Marathon Digital Holdings
MARA
$3.9B
| $1.13M | ﹤0.01% |
81,377
+56,151
| +223% | +$565K |
|
3245
Alamo Group
ALG
$2.05B
| $1.13M | ﹤0.01% |
6,121
+2,249
| +58% | +$401K |
|
3246
Hartford Multifactor US Equity ETF
ROUS
$717M
| $1.13M | ﹤0.01% |
27,162
-5,873
| -18% | -$235K |
|
3247
CareTrust REIT
CTRE
$9.74B
| $1.12M | ﹤0.01% |
56,600
+14,018
| +33% | +$274K |
|
3248
Telus
TU
$15.3B
| $1.12M | ﹤0.01% |
57,672
+3,067
| +6% | +$61.8K |
|
3249
PUT
Boeing
BA
$185B
| $1.12M | ﹤0.01% |
+5,300
| New | +$1.1M |
|
3250
Urban Outfitters
URBN
$6.59B
| $1.12M | ﹤0.01% |
33,753
+9,163
| +37% | +$267K |
|
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.