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
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1B |
| 2 |
Microsoft
MSFT
|
+$878M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$748M |
| 4 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$647M |
| 5 |
Amazon
AMZN
|
+$436M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.09% |
| 2 | Healthcare | 9.01% |
| 3 | Financials | 7.29% |
| 4 | Industrials | 6.45% |
| 5 | Consumer Discretionary | 5.37% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AMRS
3326
DELISTED
Amyris Inc.
AMRS
| $719K | ﹤0.01% |
389,029
-76,686
| -16% | -$226K |
|
3327
Huron Consulting
HURN
$2.42B
| $718K | ﹤0.01% |
11,059
+17
| +0.2% | +$960 |
|
|
NTST
3328
NETSTREIT Corp
NTST
$2.1B
| $718K | ﹤0.01% |
38,018
-674
| -2% | -$14.2K |
|
|
TE
3329
T1 Energy
TE
$1.63B
| $718K | ﹤0.01% |
105,017
-14,700
| -12% | -$129K |
|
3330
Harmony Biosciences
HRMY
$2.24B
| $717K | ﹤0.01% |
14,702
-2,289
| -13% | -$103K |
|
|
KZR
3331
DELISTED
Kezar Life Sciences
KZR
| $717K | ﹤0.01% |
8,671
-3,186
| -27% | -$281K |
|
3332
PUT
Caterpillar
CAT
$387B
| $715K | ﹤0.01% |
4,000
| – | – |
|
|
APLS
3333
DELISTED
Apellis Pharmaceuticals
APLS
| $714K | ﹤0.01% |
15,802
-25,617
| -62% | -$1.17M |
|
3334
PUT
Bath & Body Works
BBWI
$4.1B
| $713K | ﹤0.01% |
26,500
-86,100
| -76% | -$3.74M |
|
|
PAXS
3335
PIMCO Access Income Fund
PAXS
$674M
| $713K | ﹤0.01% |
45,010
+28,010
| +165% | +$478K |
|
3336
Kratos Defense & Security Solutions
KTOS
$11.4B
| $711K | ﹤0.01% |
51,169
-34,634
| -40% | -$539K |
|
3337
Global Partners
GLP
$1.7B
| $710K | ﹤0.01% |
30,216
+25,068
| +487% | +$666K |
|
|
MCN
3338
Madison Covered Call & Equity Strategy Fund
MCN
$118M
| $710K | ﹤0.01% |
104,783
-555
| -0.5% | -$4K |
|
3339
NETSCOUT
NTCT
$2.79B
| $710K | ﹤0.01% |
20,980
-17,078
| -45% | -$573K |
|
3340
PennyMac Financial
PFSI
$4.02B
| $710K | ﹤0.01% |
16,260
-26,282
| -62% | -$1.24M |
|
3341
Butterfly Network
BFLY
$2.35B
| $707K | ﹤0.01% |
230,196
+67,883
| +42% | +$234K |
|
3342
Commault Systems
CVLT
$5.61B
| $705K | ﹤0.01% |
11,197
-26,161
| -70% | -$1.62M |
|
|
LICY
3343
DELISTED
Li-Cycle Holdings Corp.
LICY
| $704K | ﹤0.01% |
12,790
+335
| +3% | +$19.6K |
|
3344
iShares Global Materials ETF
MXI
$362M
| $702K | ﹤0.01% |
9,490
-2,444
| -20% | -$211K |
|
3345
Star Group
SGU
$423M
| $701K | ﹤0.01% |
76,427
-3,299
| -4% | -$34K |
|
3346
PUT
Cullen/Frost Bankers
CFR
$10.2B
| $699K | ﹤0.01% |
6,000
| – | – |
|
3347
Medifast
MED
$141M
| $699K | ﹤0.01% |
3,878
-7,303
| -65% | -$1.31M |
|
3348
Customers Bancorp
CUBI
$2.77B
| $698K | ﹤0.01% |
20,570
-30,693
| -60% | -$1.25M |
|
|
ACRE
3349
Ares Commercial Real Estate
ACRE
$270M
| $696K | ﹤0.01% |
56,983
-30,306
| -35% | -$440K |
|
3350
Hilton Grand Vacations
HGV
$3.55B
| $695K | ﹤0.01% |
19,434
-56,031
| -74% | -$2.49M |
|
Similar funds
Wells Fargo's Q2 2022 Portfolio in Review
As of Q2 2022, Wells Fargo held 8,080 positions worth $323B, down 17% from $390B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Wells Fargo withdrew a net $12.6B in Q2 2022, closing 375 positions and reducing 4,229 holdings. Its most notable exit was People's United Financial Inc, an estimated $250M position sold in full.
By sector, the portfolio is most concentrated in Technology at 13% of assets, down from 15% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Wells Fargo opened a new position in Aspen Technology Inc worth $80.2M.
- Wells Fargo's largest Q2 2022 buy was Aspen Technology Inc: 436,654 shares worth $80.2M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q2 2022, an estimated $2.47B increase.
- Wells Fargo's biggest Q2 2022 reduction was Apple, cutting an estimated $1B.
- Wells Fargo fully exited People's United Financial Inc in Q2 2022, selling an estimated $250M.
- Wells Fargo's ten largest holdings make up 18% of its $323B portfolio in Q2 2022.
- Wells Fargo opened 272 new positions and closed 375 in Q2 2022.
- Wells Fargo's portfolio value fell 17% quarter-over-quarter to $323B.
Based on Wells Fargo's 13F filing for Q2 2022, filed 12 Aug 2022.