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 | |
|---|---|---|---|---|---|---|
3401
ADMA Biologics
ADMA
$2.18B
| $716K | ﹤0.01% |
199,874
-46,448
| -19% | -$179K |
|
3402
CALL
Cisco
CSCO
$483B
| $715K | ﹤0.01% |
13,300
| – | – |
|
|
PRFT
3403
DELISTED
Perficient Inc
PRFT
| $714K | ﹤0.01% |
12,345
-9,104
| -42% | -$623K |
|
3404
Remitly
RELY
$4.87B
| $710K | ﹤0.01% |
28,166
-9,193
| -25% | -$207K |
|
3405
ATS Corp
ATS
$1.91B
| $708K | ﹤0.01% |
16,573
-887
| -5% | -$39.2K |
|
3406
PUT
Micron Technology
MU
$972B
| $708K | ﹤0.01% |
10,400
| – | – |
|
3407
PUT
Applied Materials
AMAT
$415B
| $706K | ﹤0.01% |
5,100
-5,100
| -50% | -$731K |
|
3408
Schrodinger
SDGR
$1.4B
| $706K | ﹤0.01% |
24,961
-5,519
| -18% | -$222K |
|
3409
Outset Medical
OM
$91.4M
| $705K | ﹤0.01% |
4,317
-911
| -17% | -$215K |
|
3410
PUT
IBM
IBM
$223B
| $702K | ﹤0.01% |
5,000
-42,400
| -89% | -$6.03M |
|
3411
Urban Outfitters
URBN
$6.81B
| $701K | ﹤0.01% |
21,445
-12,308
| -36% | -$421K |
|
|
OPLN
3412
Openlane
OPLN
$4.58B
| $700K | ﹤0.01% |
46,917
-20,658
| -31% | -$318K |
|
3413
Orion
OEC
$389M
| $700K | ﹤0.01% |
32,888
-6,326
| -16% | -$138K |
|
3414
Invesco S&P 500 BuyWrite ETF
PBP
$362M
| $699K | ﹤0.01% |
32,740
-1,991
| -6% | -$43.8K |
|
|
GHY
3415
PGIM Global High Yield Fund
GHY
$479M
| $698K | ﹤0.01% |
64,719
-33,788
| -34% | -$378K |
|
|
MHF
3416
Western Asset Municipal High Income Fund
MHF
$153M
| $695K | ﹤0.01% |
114,105
+1,896
| +2% | +$12K |
|
3417
Main Sector Rotation ETF
SECT
$2.88B
| $695K | ﹤0.01% |
16,509
+187
| +1% | +$8.12K |
|
|
VRTV
3418
DELISTED
VERITIV CORPORATION
VRTV
| $694K | ﹤0.01% |
4,111
-6,224
| -60% | -$965K |
|
3419
OFG Bancorp
OFG
$2.2B
| $692K | ﹤0.01% |
23,177
-8,829
| -28% | -$269K |
|
3420
Walker & Dunlop
WD
$1.49B
| $691K | ﹤0.01% |
9,308
-6,224
| -40% | -$526K |
|
3421
Xencor
XNCR
$1.6B
| $689K | ﹤0.01% |
34,206
-13,713
| -29% | -$312K |
|
3422
West Fraser Timber
WFG
$5.58B
| $689K | ﹤0.01% |
9,473
+599
| +7% | +$47.1K |
|
|
EFC
3423
Ellington Financial
EFC
$1.69B
| $686K | ﹤0.01% |
54,982
-11,735
| -18% | -$156K |
|
3424
M/I Homes
MHO
$3.74B
| $686K | ﹤0.01% |
8,158
-11,088
| -58% | -$1.02M |
|
|
FCT
3425
First Trust Senior Floating Rate Income Fund II
FCT
$251M
| $684K | ﹤0.01% |
68,400
-7,288
| -10% | -$73K |
|
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.