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 | |
|---|---|---|---|---|---|---|
3426
Dyne Therapeutics
DYN
$4.9B
| $920K | ﹤0.01% |
26,060
+6,103
| +31% | +$177K |
|
|
AVDX
3427
DELISTED
AvidXchange
AVDX
| $916K | ﹤0.01% |
75,965
+2,047
| +3% | +$23.4K |
|
3428
AST SpaceMobile
ASTS
$21.5B
| $916K | ﹤0.01% |
78,881
+22,224
| +39% | +$116K |
|
|
BBBY
3429
CALL
Bed Bath & Beyond
BBBY
$442M
| $916K | ﹤0.01% |
+77,000
| New | +$1.37M |
|
3430
Central Garden & Pet Co Class A
CENTA
$2.44B
| $914K | ﹤0.01% |
27,678
+4,076
| +17% | +$147K |
|
3431
Brookfield Renewable
BEP
$9.96B
| $913K | ﹤0.01% |
36,861
+750
| +2% | +$18.7K |
|
3432
Renasant Corp
RNST
$3.91B
| $913K | ﹤0.01% |
29,884
+4,823
| +19% | +$143K |
|
3433
Horizon Bancorp
HBNC
$1.04B
| $912K | ﹤0.01% |
73,719
+3,823
| +5% | +$46K |
|
3434
Vertex
VERX
$1.94B
| $911K | ﹤0.01% |
25,268
+19,378
| +329% | +$624K |
|
3435
Marqeta
MQ
$1.66B
| $910K | ﹤0.01% |
41,523
-1,609
| -4% | -$35.4K |
|
3436
Flowers Foods
FLO
$1.57B
| $909K | ﹤0.01% |
40,953
-2,742
| -6% | -$64.9K |
|
3437
BlackRock Utilities, Infrastructure & Power Opportunities Trust
BUI
$715M
| $906K | ﹤0.01% |
40,912
+8,429
| +26% | +$184K |
|
3438
ACV Auctions
ACVA
$1.3B
| $901K | ﹤0.01% |
49,365
-1,974
| -4% | -$35.5K |
|
3439
Galicia Financial Group
GGAL
$7.42B
| $900K | ﹤0.01% |
29,458
-47,930
| -62% | -$1.54M |
|
3440
Palomar
PLMR
$3.45B
| $893K | ﹤0.01% |
11,001
+1,400
| +15% | +$114K |
|
3441
State Street SPDR S&P 500 ESG ETF
EFIV
$1.04B
| $888K | ﹤0.01% |
16,732
+2,467
| +17% | +$126K |
|
3442
Invesco Dorsey Wright Basic Materials Momentum ETF
PYZ
$77.8M
| $887K | ﹤0.01% |
10,143
-1,033
| -9% | -$93K |
|
3443
Capital Southwest
CSWC
$1.6B
| $884K | ﹤0.01% |
33,881
-3,689
| -10% | -$94.7K |
|
3444
Upwork
UPWK
$1.19B
| $883K | ﹤0.01% |
82,170
+10,409
| +15% | +$118K |
|
|
GTM
3445
ZoomInfo Technologies
GTM
$1.22B
| $881K | ﹤0.01% |
68,987
-91,257
| -57% | -$1.28M |
|
3446
iShares MSCI Europe Small-Cap ETF
IEUS
$185M
| $878K | ﹤0.01% |
15,713
-290
| -2% | -$16.6K |
|
|
MTR
3447
Mesa Royalty Trust
MTR
$5.33M
| $876K | ﹤0.01% |
99,327
-5,538
| -5% | -$52K |
|
|
PBT
3448
Permian Basin Royalty Trust
PBT
$1.49B
| $876K | ﹤0.01% |
77,776
+1,282
| +2% | +$15.6K |
|
3449
First Commonwealth Financial
FCF
$2.17B
| $874K | ﹤0.01% |
63,293
+9,858
| +18% | +$132K |
|
3450
Joby Aviation
JOBY
$8.55B
| $867K | ﹤0.01% |
170,079
+24,819
| +17% | +$124K |
|
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.