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
|
+$506M |
| 2 |
Microsoft
MSFT
|
+$336M |
| 3 |
Amazon
AMZN
|
+$287M |
| 4 |
Apple
AAPL
|
+$269M |
| 5 |
Meta Platforms (Facebook)
META
|
+$233M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Air Products & Chemicals
APD
|
+$425M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$334M |
| 3 |
United Parcel Service
UPS
|
+$148M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$128M |
| 5 |
Vanguard Morningstar Mid-Cap ETF
VO
|
+$124M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.28% |
| 2 | Financials | 7.45% |
| 3 | Healthcare | 7.23% |
| 4 | Industrials | 6.23% |
| 5 | Consumer Discretionary | 5.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3276
Burford Capital
BUR
$971M
| $1.15M | ﹤0.01% |
88,306
+88,043
| +33,476% | +$1.29M |
|
3277
Franklin Covey
FC
$246M
| $1.15M | ﹤0.01% |
30,280
+26,699
| +746% | +$1M |
|
3278
Silicon Motion
SIMO
$8.68B
| $1.15M | ﹤0.01% |
14,198
+16
| +0.1% | +$1.25K |
|
3279
Yelp
YELP
$1.41B
| $1.15M | ﹤0.01% |
31,112
+1,994
| +7% | +$76.4K |
|
3280
Invesco China Technology ETF
CQQQ
$3.22B
| $1.15M | ﹤0.01% |
34,224
-2,180
| -6% | -$74.6K |
|
3281
The Bancorp
TBBK
$2.84B
| $1.14M | ﹤0.01% |
30,277
-2,282
| -7% | -$75.4K |
|
3282
abrdn Physical Palladium Shares ETF
PALL
$667M
| $1.14M | ﹤0.01% |
63,850
-2,930
| -4% | -$52.5K |
|
3283
Federated Hermes
FHI
$4.72B
| $1.14M | ﹤0.01% |
34,557
-3,578
| -9% | -$120K |
|
|
OPP
3284
RiverNorth/DoubleLine Strategic Opportunity Fund
OPP
$191M
| $1.13M | ﹤0.01% |
132,591
+14,345
| +12% | +$120K |
|
|
SLCA
3285
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $1.13M | ﹤0.01% |
73,322
+43,053
| +142% | +$634K |
|
3286
Upstart Holdings
UPST
$3.03B
| $1.13M | ﹤0.01% |
47,899
-2,661
| -5% | -$64.2K |
|
3287
DNOW Inc
DNOW
$2.99B
| $1.12M | ﹤0.01% |
81,888
+40,616
| +98% | +$578K |
|
3288
Invesco WilderHill Clean Energy ETF
PBW
$429M
| $1.12M | ﹤0.01% |
55,528
-52
| -0.1% | -$1.12K |
|
|
MCR
3289
DELISTED
MFS Charter Income Trust
MCR
| $1.12M | ﹤0.01% |
178,398
-91,661
| -34% | -$571K |
|
|
CTO
3290
CTO Realty Growth
CTO
$815M
| $1.12M | ﹤0.01% |
64,031
-9,583
| -13% | -$166K |
|
|
FT
3291
Franklin Universal Trust
FT
$197M
| $1.12M | ﹤0.01% |
163,774
-10,523
| -6% | -$70.6K |
|
3292
StoneX
SNEX
$7.94B
| $1.11M | ﹤0.01% |
49,960
+10,348
| +26% | +$221K |
|
3293
Universal Corp
UVV
$1.27B
| $1.11M | ﹤0.01% |
22,982
+4,113
| +22% | +$205K |
|
3294
Banc of California
BANC
$2.97B
| $1.11M | ﹤0.01% |
86,497
+12,124
| +16% | +$168K |
|
3295
Cadre Holdings
CDRE
$1.41B
| $1.1M | ﹤0.01% |
32,893
+2,474
| +8% | +$81.5K |
|
|
ACLX
3296
DELISTED
Arcellx
ACLX
| $1.1M | ﹤0.01% |
19,995
+2,161
| +12% | +$117K |
|
3297
Burke & Herbert Financial Services Corp
BHRB
$1.48B
| $1.1M | ﹤0.01% |
21,634
+5,949
| +38% | +$303K |
|
3298
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.6B
| $1.1M | ﹤0.01% |
46,758
+194
| +0.4% | +$4.75K |
|
|
PEO
3299
Adams Natural Resources Fund
PEO
$725M
| $1.1M | ﹤0.01% |
48,491
-5,150
| -10% | -$116K |
|
3300
RLJ Lodging Trust $1.95 Series A Preferred Stock
RLJ.PRA
$322M
| $1.1M | ﹤0.01% |
44,226
-1,233
| -3% | -$30.5K |
|
Similar funds
Wells Fargo's Q2 2024 Portfolio in Review
As of Q2 2024, Wells Fargo held 7,784 positions worth $412B, down 0.64% from $415B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Wells Fargo's Q2 2024 filing shows 386 new, 3,308 increased, 2,367 reduced and 944 closed positions. Its largest new stake was NextEra Energy 7.299% Corporate Units: 1,487,927 shares worth $73.6M. The largest sale was Air Products & Chemicals, an estimated $425M.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 14% a quarter earlier, followed by Financials and Healthcare.
- Wells Fargo's largest Q2 2024 buy was NextEra Energy 7.299% Corporate Units: 1,487,927 shares worth $73.6M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q2 2024, an estimated $506M increase.
- Wells Fargo's biggest Q2 2024 reduction was Air Products & Chemicals, cutting an estimated $425M.
- Wells Fargo fully exited Pioneer Natural Resource Co. in Q2 2024, selling an estimated $88.9M.
- Wells Fargo's ten largest holdings make up 19% of its $412B portfolio in Q2 2024.
- Wells Fargo opened 386 new positions and closed 944 in Q2 2024.
- Wells Fargo's portfolio value fell 0.64% quarter-over-quarter to $412B.
Based on Wells Fargo's 13F filing for Q2 2024, filed 13 Aug 2024.