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 | |
|---|---|---|---|---|---|---|
3401
Eastern Bankshares
EBC
$5.23B
| $901K | ﹤0.01% |
73,450
-62,796
| -46% | -$744K |
|
|
SBR
3402
Sabine Royalty Trust
SBR
$1.05B
| $898K | ﹤0.01% |
13,618
+6,216
| +84% | +$445K |
|
3403
State Street SPDR S&P Health Care Services ETF
XHS
$208M
| $895K | ﹤0.01% |
9,540
+3,390
| +55% | +$303K |
|
3404
DMC Global
BOOM
$157M
| $893K | ﹤0.01% |
50,274
+3,452
| +7% | +$62.4K |
|
3405
Vanguard ESG US Corporate Bond ETF
VCEB
$1.18B
| $886K | ﹤0.01% |
14,287
+67
| +0.5% | +$4.16K |
|
|
VSTO
3406
DELISTED
Vista Outdoor Inc.
VSTO
| $883K | ﹤0.01% |
31,912
+12,093
| +61% | +$327K |
|
3407
DNOW Inc
DNOW
$2.99B
| $881K | ﹤0.01% |
85,051
-15,908
| -16% | -$160K |
|
|
AVDX
3408
DELISTED
AvidXchange
AVDX
| $879K | ﹤0.01% |
84,662
+33,869
| +67% | +$305K |
|
3409
Under Armour Class C
UA
$2.53B
| $878K | ﹤0.01% |
130,869
+646
| +0.5% | +$4.74K |
|
3410
JPMorgan BetaBuilders Canada ETF
BBCA
$11.2B
| $878K | ﹤0.01% |
14,330
+9,521
| +198% | +$576K |
|
3411
Capital Southwest
CSWC
$1.6B
| $877K | ﹤0.01% |
44,454
+15,273
| +52% | +$281K |
|
3412
3D Systems Corp
DDD
$613M
| $875K | ﹤0.01% |
88,146
+33,046
| +60% | +$302K |
|
3413
Kelly Services Class A
KELYA
$528M
| $871K | ﹤0.01% |
49,482
+13,670
| +38% | +$237K |
|
|
ALEX
3414
DELISTED
Alexander & Baldwin
ALEX
| $871K | ﹤0.01% |
46,876
+4,049
| +9% | +$75.8K |
|
3415
Dutch Bros
BROS
$9.26B
| $871K | ﹤0.01% |
30,613
-147,334
| -83% | -$4.37M |
|
3416
Phreesia
PHR
$773M
| $866K | ﹤0.01% |
27,931
+14,273
| +105% | +$447K |
|
|
BCV
3417
Bancroft Fund
BCV
$139M
| $864K | ﹤0.01% |
50,568
-2,059
| -4% | -$34.1K |
|
3418
CALL
Lyft
LYFT
$6.63B
| $863K | ﹤0.01% |
90,000
| – | – |
|
|
LPRO
3419
DELISTED
Open Lending Corp
LPRO
| $862K | ﹤0.01% |
82,047
+9,088
| +12% | +$80.3K |
|
3420
Alphatec Holdings
ATEC
$1.44B
| $859K | ﹤0.01% |
47,775
+12,964
| +37% | +$202K |
|
3421
Occidental Petroleum Corp Warrants
OXY.WS
$32B
| $858K | ﹤0.01% |
22,999
-1,726
| -7% | -$66K |
|
3422
abrdn Physical Palladium Shares ETF
PALL
$667M
| $857K | ﹤0.01% |
37,675
+4,690
| +14% | +$125K |
|
3423
Keros Therapeutics
KROS
$221M
| $857K | ﹤0.01% |
21,323
+7,016
| +49% | +$308K |
|
3424
iShares MSCI Europe Small-Cap ETF
IEUS
$185M
| $857K | ﹤0.01% |
16,247
-519
| -3% | -$27.8K |
|
3425
Tootsie Roll Industries
TR
$2.98B
| $856K | ﹤0.01% |
26,416
-3,117
| -11% | -$114K |
|
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.