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 | |
|---|---|---|---|---|---|---|
3251
Procore
PCOR
$8.81B
| $913K | ﹤0.01% |
13,983
+5,043
| +56% | +$337K |
|
3252
First Majestic Silver
AG
$9.32B
| $912K | ﹤0.01% |
177,848
-8,846
| -5% | -$52.6K |
|
3253
Green Plains
GPRE
$1.06B
| $909K | ﹤0.01% |
30,197
-2,249
| -7% | -$73.7K |
|
|
EGLE
3254
DELISTED
Eagle Bulk Shipping Inc.
EGLE
| $909K | ﹤0.01% |
21,620
-2,102
| -9% | -$92.1K |
|
|
LGI
3255
Lazard Global Total Return & Income Fund
LGI
$239M
| $908K | ﹤0.01% |
65,635
+1,680
| +3% | +$25.1K |
|
3256
Prospect Capital
PSEC
$1.15B
| $907K | ﹤0.01% |
149,901
+35,508
| +31% | +$221K |
|
3257
Red Rock Resorts
RRR
$3.59B
| $906K | ﹤0.01% |
22,100
-8,104
| -27% | -$366K |
|
3258
Nuveen Arizona Quality Municipal Income Fund
NAZ
$159M
| $905K | ﹤0.01% |
93,992
-7,802
| -8% | -$81.2K |
|
3259
Dutch Bros
BROS
$8.98B
| $905K | ﹤0.01% |
38,925
+8,312
| +27% | +$237K |
|
|
OPP
3260
RiverNorth/DoubleLine Strategic Opportunity Fund
OPP
$192M
| $902K | ﹤0.01% |
115,461
-27,775
| -19% | -$231K |
|
3261
MGE Energy Inc
MGEE
$3.04B
| $902K | ﹤0.01% |
13,160
-5,859
| -31% | -$444K |
|
|
VRNT
3262
DELISTED
Verint Systems
VRNT
| $900K | ﹤0.01% |
39,147
-1,117
| -3% | -$36K |
|
3263
NMI Holdings
NMIH
$3.33B
| $897K | ﹤0.01% |
33,129
-12,418
| -27% | -$346K |
|
3264
MasterCraft Boat Holdings
MCFT
$586M
| $897K | ﹤0.01% |
40,369
-15,026
| -27% | -$386K |
|
3265
Appian
APPN
$2.54B
| $897K | ﹤0.01% |
19,661
-8,681
| -31% | -$416K |
|
|
IDE
3266
Voya Infrastructure, Industrials and Materials Fund
IDE
$199M
| $895K | ﹤0.01% |
94,946
+14,267
| +18% | +$140K |
|
|
RWT
3267
Redwood Trust
RWT
$575M
| $893K | ﹤0.01% |
125,211
-20,440
| -14% | -$150K |
|
|
ARGO
3268
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $892K | ﹤0.01% |
29,893
-3,247
| -10% | -$96.5K |
|
3269
SLM Corp
SLM
$5.15B
| $891K | ﹤0.01% |
65,389
-17,564
| -21% | -$264K |
|
3270
Ameris Bancorp
ABCB
$5.84B
| $890K | ﹤0.01% |
23,174
-13,034
| -36% | -$518K |
|
3271
Corcept Therapeutics
CORT
$12.3B
| $887K | ﹤0.01% |
32,562
-29,409
| -47% | -$851K |
|
3272
Genelux
GNLX
$119M
| $882K | ﹤0.01% |
36,013
+32,335
| +879% | +$819K |
|
|
SUIG
3273
Sui Group Holdings
SUIG
$65.5M
| $878K | ﹤0.01% |
287,994
-4
| -0% | -$10 |
|
3274
Peoples Financial Services
PFIS
$691M
| $877K | ﹤0.01% |
21,880
-5,011
| -19% | -$225K |
|
|
MODN
3275
DELISTED
MODEL N, INC.
MODN
| $876K | ﹤0.01% |
35,876
-12,790
| -26% | -$380K |
|
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, 2,125 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.