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 |
Invesco QQQ Trust
QQQ
|
+$503M |
| 2 |
Chevron
CVX
|
+$472M |
| 3 |
Vanguard Long-Term Bond ETF
BLV
|
+$374M |
| 4 |
EOG Resources
EOG
|
+$354M |
| 5 |
ARK Innovation ETF
ARKK
|
+$253M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$5.2B |
| 2 |
M&T Bank
MTB
|
+$313M |
| 3 |
iShares Core 60/40 Balanced Allocation ETF
AOR
|
+$304M |
| 4 |
Apple
AAPL
|
+$197M |
| 5 |
iShares Core 80/20 Aggressive Allocation ETF
AOA
|
+$194M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.55% |
| 2 | Healthcare | 8.23% |
| 3 | Financials | 6.88% |
| 4 | Industrials | 6.54% |
| 5 | Consumer Discretionary | 5.29% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3451
TriNet
TNET
$3.07B
| $705K | ﹤0.01% |
8,751
+7,785
| +806% | +$609K |
|
3452
Canadian Solar
CSIQ
$1.08B
| $704K | ﹤0.01% |
17,684
+16,420
| +1,299% | +$652K |
|
3453
Walker & Dunlop
WD
$1.49B
| $704K | ﹤0.01% |
9,241
+5,980
| +183% | +$519K |
|
3454
Rush Enterprises Class A
RUSHA
$9.51B
| $703K | ﹤0.01% |
19,313
+10,482
| +119% | +$379K |
|
3455
Stratasys
SSYS
$770M
| $702K | ﹤0.01% |
42,443
+9,922
| +31% | +$140K |
|
|
DSM
3456
BNY Mellon Strategic Municipal Bond Fund
DSM
$290M
| $701K | ﹤0.01% |
116,710
+34,152
| +41% | +$200K |
|
|
NUVA
3457
DELISTED
NuVasive, Inc.
NUVA
| $701K | ﹤0.01% |
16,965
+9,701
| +134% | +$415K |
|
3458
Corcept Therapeutics
CORT
$12.2B
| $700K | ﹤0.01% |
32,295
+17,898
| +124% | +$392K |
|
3459
AXIS Capital
AXS
$7.4B
| $699K | ﹤0.01% |
12,825
-300
| -2% | -$17.4K |
|
|
WCLD
3460
WisdomTree Cloud Computing Fund
WCLD
$306M
| $699K | ﹤0.01% |
23,525
+1,451
| +7% | +$40.6K |
|
|
PRA
3461
DELISTED
ProAssurance
PRA
| $694K | ﹤0.01% |
37,559
+2,303
| +7% | +$43.3K |
|
3462
Schwab Fundamental International Small Company Index ETF
FNDC
$3.15B
| $693K | ﹤0.01% |
20,918
+17,797
| +570% | +$584K |
|
3463
Invesco Golden Dragon China ETF
PGJ
$97.6M
| $693K | ﹤0.01% |
23,332
-104,014
| -82% | -$3.16M |
|
3464
Zillow
ZG
$7.88B
| $692K | ﹤0.01% |
15,831
+8,084
| +104% | +$336K |
|
|
AAT
3465
American Assets Trust
AAT
$1.38B
| $691K | ﹤0.01% |
37,184
+931
| +3% | +$22.7K |
|
3466
Arcutis Biotherapeutics
ARQT
$3.33B
| $689K | ﹤0.01% |
62,635
+59,195
| +1,721% | +$856K |
|
3467
VanEck Low Carbon Energy ETF
SMOG
$134M
| $688K | ﹤0.01% |
5,660
+226
| +4% | +$26.5K |
|
|
EOT
3468
Eaton Vance National Municipal Opportunities Trust
EOT
$272M
| $687K | ﹤0.01% |
38,883
-5,998
| -13% | -$105K |
|
3469
SiTime
SITM
$20.4B
| $685K | ﹤0.01% |
4,817
+4,039
| +519% | +$496K |
|
3470
Noble Corp
NE
$7.1B
| $682K | ﹤0.01% |
17,283
+17,026
| +6,625% | +$681K |
|
3471
Urban Outfitters
URBN
$6.78B
| $682K | ﹤0.01% |
24,590
+12,082
| +97% | +$325K |
|
3472
BGC Group
BGC
$4.86B
| $682K | ﹤0.01% |
130,317
+78,453
| +151% | +$359K |
|
3473
iShares Fallen Angels USD Bond ETF
FALN
$1.6B
| $679K | ﹤0.01% |
26,855
+1,552
| +6% | +$39K |
|
|
EFC
3474
Ellington Financial
EFC
$1.74B
| $675K | ﹤0.01% |
55,315
+16,568
| +43% | +$214K |
|
3475
CALL
Linde
LIN
$227B
| $675K | ﹤0.01% |
1,900
+1,500
| +375% | +$502K |
|
Similar funds
Wells Fargo's Q1 2023 Portfolio in Review
As of Q1 2023, Wells Fargo held 7,943 positions worth $347B, up 4.2% from $333B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Wells Fargo's Q1 2023 filing shows 427 new, 3,865 increased, 2,015 reduced and 474 closed positions. Its largest new stake was GE HealthCare: 686,371 shares worth $56.3M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $5.2B.
By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 12% a quarter earlier, followed by Healthcare and Financials.
- Wells Fargo's largest Q1 2023 buy was GE HealthCare: 686,371 shares worth $56.3M.
- Wells Fargo added most to Invesco QQQ Trust in Q1 2023, an estimated $503M increase.
- Wells Fargo's biggest Q1 2023 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $5.2B.
- Wells Fargo fully exited STORE Capital Corporation in Q1 2023, selling an estimated $25.9M.
- Wells Fargo's ten largest holdings make up 17% of its $347B portfolio in Q1 2023.
- Wells Fargo opened 427 new positions and closed 474 in Q1 2023.
- Wells Fargo's portfolio value rose 4.2% quarter-over-quarter to $347B.
Based on Wells Fargo's 13F filing for Q1 2023, filed 12 May 2023.