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 |
Invesco QQQ Trust
QQQ
|
+$503M |
| 2 |
Chevron
CVX
|
+$472M |
| 3 |
Vanguard Long-Term Bond ETF
BLV
|
+$374M |
| 4 |
EOG Resources
EOG
|
+$354M |
| 5 |
ARK Innovation ETF
ARKK
|
+$253M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$5.2B |
| 2 |
M&T Bank
MTB
|
+$313M |
| 3 |
iShares Core 60/40 Balanced Allocation ETF
AOR
|
+$304M |
| 4 |
Apple
AAPL
|
+$197M |
| 5 |
iShares Core 80/20 Aggressive Allocation ETF
AOA
|
+$194M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.55% |
| 2 | Healthcare | 8.23% |
| 3 | Financials | 6.88% |
| 4 | Industrials | 6.54% |
| 5 | Consumer Discretionary | 5.29% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3301
BlackRock Debt Strategies Fund
DSU
$601M
| $891K | ﹤0.01% |
93,708
+57,678
| +160% | +$556K |
|
3302
Banner Corp
BANR
$2.43B
| $891K | ﹤0.01% |
16,388
+6,120
| +60% | +$374K |
|
3303
abrdn Physical Palladium Shares ETF
PALL
$683M
| $891K | ﹤0.01% |
32,985
+17,920
| +119% | +$518K |
|
|
TEF
3304
DELISTED
Telefonica
TEF
| $891K | ﹤0.01% |
208,115
-375,314
| -64% | -$1.49M |
|
|
SNBR
3305
DELISTED
Sleep Number
SNBR
| $889K | ﹤0.01% |
29,247
+6,416
| +28% | +$210K |
|
3306
BioXcel Therapeutics
BTAI
$28.7M
| $888K | ﹤0.01% |
2,976
+1,880
| +172% | +$803K |
|
3307
Fulton Financial
FULT
$4.6B
| $883K | ﹤0.01% |
63,868
-1,081
| -2% | -$17.5K |
|
|
THS
3308
DELISTED
Treehouse Foods
THS
| $882K | ﹤0.01% |
17,499
+9,525
| +119% | +$461K |
|
3309
CALL
Salesforce
CRM
$162B
| $879K | ﹤0.01% |
4,400
-5,000
| -53% | -$845K |
|
3310
Kirby Corp
KEX
$7B
| $877K | ﹤0.01% |
12,583
-550
| -4% | -$37.9K |
|
3311
Apogee Enterprises
APOG
$887M
| $874K | ﹤0.01% |
20,204
+297
| +1% | +$13.3K |
|
3312
Freshworks
FRSH
$3.31B
| $872K | ﹤0.01% |
56,790
+6,185
| +12% | +$93.7K |
|
3313
The Bancorp
TBBK
$2.81B
| $872K | ﹤0.01% |
31,300
+9,064
| +41% | +$288K |
|
|
DISH
3314
DELISTED
DISH Network Corp.
DISH
| $871K | ﹤0.01% |
93,327
-23,736
| -20% | -$299K |
|
|
CTIC
3315
DELISTED
CTI BioPharma Corp. (DE) Common Stock
CTIC
| $871K | ﹤0.01% |
+207,270
| New | +$1.08M |
|
3316
Grupo Aeroportuario del Pacifico
PAC
$12.9B
| $870K | ﹤0.01% |
4,458
+1,345
| +43% | +$244K |
|
3317
MACOM Technology Solutions
MTSI
$22.7B
| $870K | ﹤0.01% |
12,278
+10,290
| +518% | +$695K |
|
|
EGLE
3318
DELISTED
Eagle Bulk Shipping Inc.
EGLE
| $867K | ﹤0.01% |
19,058
+5,421
| +40% | +$290K |
|
|
FRG
3319
DELISTED
Franchise Group, Inc.
FRG
| $867K | ﹤0.01% |
31,811
+7,711
| +32% | +$222K |
|
3320
Regenxbio
RGNX
$688M
| $865K | ﹤0.01% |
45,725
+28,424
| +164% | +$629K |
|
3321
Fidelity MSCI Utilities Index ETF
FUTY
$2.27B
| $865K | ﹤0.01% |
19,729
-4,570
| -19% | -$201K |
|
3322
Invesco S&P 100 Equal Weight ETF
EQWL
$2.78B
| $864K | ﹤0.01% |
11,072
-48
| -0.4% | -$3.72K |
|
3323
GoodRx Holdings
GDRX
$1.25B
| $857K | ﹤0.01% |
137,179
+31,382
| +30% | +$175K |
|
3324
Kennametal
KMT
$2.41B
| $856K | ﹤0.01% |
31,051
+17,457
| +128% | +$481K |
|
|
IDE
3325
Voya Infrastructure, Industrials and Materials Fund
IDE
$199M
| $856K | ﹤0.01% |
88,665
+15,725
| +22% | +$153K |
|
Similar funds
Wells Fargo's Q1 2023 Portfolio in Review
As of Q1 2023, Wells Fargo held 7,943 positions worth $347B, up 4.2% from $333B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Wells Fargo's Q1 2023 filing shows 427 new, 3,865 increased, 2,015 reduced and 474 closed positions. Its largest new stake was GE HealthCare: 686,371 shares worth $56.3M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $5.2B.
By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 12% a quarter earlier, followed by Healthcare and Financials.
- Wells Fargo's largest Q1 2023 buy was GE HealthCare: 686,371 shares worth $56.3M.
- Wells Fargo added most to Invesco QQQ Trust in Q1 2023, an estimated $503M increase.
- Wells Fargo's biggest Q1 2023 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $5.2B.
- Wells Fargo fully exited STORE Capital Corporation in Q1 2023, selling an estimated $25.9M.
- Wells Fargo's ten largest holdings make up 17% of its $347B portfolio in Q1 2023.
- Wells Fargo opened 427 new positions and closed 474 in Q1 2023.
- Wells Fargo's portfolio value rose 4.2% quarter-over-quarter to $347B.
Based on Wells Fargo's 13F filing for Q1 2023, filed 12 May 2023.