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 | |
|---|---|---|---|---|---|---|
|
EQC
3401
DELISTED
Equity Commonwealth
EQC
| $946K | ﹤0.01% |
48,778
+10,182
| +26% | +$194K |
|
3402
Kelly Services Class A
KELYA
$528M
| $946K | ﹤0.01% |
44,194
+1,084
| +3% | +$24.6K |
|
|
WCLD
3403
WisdomTree Cloud Computing Fund
WCLD
$297M
| $946K | ﹤0.01% |
29,933
-52,487
| -64% | -$1.68M |
|
3404
Nuveen Arizona Quality Municipal Income Fund
NAZ
$158M
| $945K | ﹤0.01% |
84,708
+2,017
| +2% | +$21.9K |
|
3405
PTC Therapeutics
PTCT
$6.12B
| $943K | ﹤0.01% |
30,837
+3,232
| +12% | +$105K |
|
3406
Bank of N.T. Butterfield & Son
NTB
$2.45B
| $939K | ﹤0.01% |
26,730
+2,465
| +10% | +$82.6K |
|
3407
Agilon Health
AGL
$1.6B
| $938K | ﹤0.01% |
5,735
+4,084
| +247% | +$582K |
|
|
TWO
3408
Two Harbors Investment
TWO
$1.27B
| $937K | ﹤0.01% |
70,966
+11,771
| +20% | +$150K |
|
3409
PUT
Amgen
AMGN
$222B
| $937K | ﹤0.01% |
3,000
-1,700
| -36% | -$499K |
|
3410
Atlas Energy Solutions
AESI
$1.41B
| $937K | ﹤0.01% |
47,031
+6,203
| +15% | +$138K |
|
|
CIVI
3411
DELISTED
Civitas Resources
CIVI
| $934K | ﹤0.01% |
13,530
-28,642
| -68% | -$2.07M |
|
|
KREF
3412
KKR Real Estate Finance Trust
KREF
$499M
| $933K | ﹤0.01% |
103,077
-862
| -0.8% | -$8.24K |
|
3413
Acadia Realty Trust
AKR
$2.84B
| $933K | ﹤0.01% |
52,047
+10,749
| +26% | +$184K |
|
|
B
3414
DELISTED
Barnes Group Inc.
B
| $930K | ﹤0.01% |
22,467
-27,052
| -55% | -$1.02M |
|
3415
PUT
iShares Core S&P 500 ETF
IVV
$902B
| $930K | ﹤0.01% |
1,700
| – | – |
|
3416
Tootsie Roll Industries
TR
$2.98B
| $928K | ﹤0.01% |
32,206
+3,532
| +12% | +$99.6K |
|
3417
Stem
STEM
$52.7M
| $928K | ﹤0.01% |
41,784
+1,158
| +3% | +$33.9K |
|
3418
Enova International
ENVA
$6.29B
| $927K | ﹤0.01% |
14,890
+372
| +3% | +$22.7K |
|
3419
Andersons Inc
ANDE
$2.22B
| $924K | ﹤0.01% |
18,636
-4,372
| -19% | -$234K |
|
3420
PUT
American Airlines Group
AAL
$10.6B
| $923K | ﹤0.01% |
81,500
-565,500
| -87% | -$7.43M |
|
|
ELME
3421
Elme Communities
ELME
$144M
| $923K | ﹤0.01% |
57,963
+6,752
| +13% | +$103K |
|
3422
Banner Corp
BANR
$2.4B
| $922K | ﹤0.01% |
18,574
+2,941
| +19% | +$135K |
|
3423
Cohen & Steers Duration Preferred & Income Fund
LDP
$600M
| $921K | ﹤0.01% |
46,287
+5,129
| +12% | +$101K |
|
3424
EPR Properties 5.75% Series C Preferred Shares
EPR.PRC
$148M
| $921K | ﹤0.01% |
47,698
-1,250
| -3% | -$23.9K |
|
|
TEI
3425
Templeton Emerging Markets Income Fund
TEI
$321M
| $920K | ﹤0.01% |
172,610
-807
| -0.5% | -$4.32K |
|
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.