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 |
Starbucks
SBUX
|
+$853M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$805M |
| 3 |
Zoetis
ZTS
|
+$650M |
| 4 |
iShares Core US Aggregate Bond ETF
AGG
|
+$391M |
| 5 |
iShares Core Universal USD Bond ETF
IUSB
|
+$177M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.03B |
| 2 |
Amazon
AMZN
|
+$772M |
| 3 |
Becton Dickinson
BDX
|
+$486M |
| 4 |
Medtronic
MDT
|
+$440M |
| 5 |
Vanguard Long-Term Bond ETF
BLV
|
+$373M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.37% |
| 2 | Financials | 7.47% |
| 3 | Healthcare | 7.23% |
| 4 | Industrials | 6.4% |
| 5 | Consumer Discretionary | 5.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3451
POSCO
PKX
$17.7B
| $810K | ﹤0.01% |
10,335
-601
| -5% | -$49.5K |
|
|
GHY
3452
PGIM Global High Yield Fund
GHY
$479M
| $809K | ﹤0.01% |
67,620
+1,411
| +2% | +$16.3K |
|
|
SASR
3453
DELISTED
Sandy Spring Bancorp Inc
SASR
| $808K | ﹤0.01% |
34,856
+818
| +2% | +$19.2K |
|
3454
Liberty Latin America Class A
LILA
$1.67B
| $808K | ﹤0.01% |
170,594
-3,463
| -2% | -$15.9K |
|
3455
Capital Group Short Duration Income ETF
CGSD
$2.44B
| $808K | ﹤0.01% |
31,804
+30,643
| +2,639% | +$780K |
|
3456
SLM Corp
SLM
$5.14B
| $808K | ﹤0.01% |
37,065
-11,610
| -24% | -$232K |
|
3457
Chegg
CHGG
$94.8M
| $807K | ﹤0.01% |
106,613
+5,011
| +5% | +$45.9K |
|
|
SQSP
3458
DELISTED
Squarespace, Inc.
SQSP
| $806K | ﹤0.01% |
22,116
+4,772
| +28% | +$155K |
|
3459
Palomar
PLMR
$3.46B
| $805K | ﹤0.01% |
9,601
+2,479
| +35% | +$170K |
|
3460
PTC Therapeutics
PTCT
$6.23B
| $803K | ﹤0.01% |
27,605
+2,193
| +9% | +$61.4K |
|
3461
ProShares K-1 Free Crude Oil Strategy ETF
OILK
$233M
| $798K | ﹤0.01% |
16,717
-1,054
| -6% | -$47.1K |
|
3462
The GEO Group
GEO
$4.04B
| $797K | ﹤0.01% |
56,431
+3,844
| +7% | +$45.8K |
|
3463
Robinhood
HOOD
$85B
| $796K | ﹤0.01% |
39,541
+10,917
| +38% | +$153K |
|
3464
PUT
Lowe's Companies
LOW
$123B
| $790K | ﹤0.01% |
3,100
| – | – |
|
|
THS
3465
DELISTED
Treehouse Foods
THS
| $788K | ﹤0.01% |
20,240
+2,597
| +15% | +$103K |
|
|
ZTR
3466
Virtus Total Return Fund
ZTR
$337M
| $787K | ﹤0.01% |
141,377
+36,827
| +35% | +$197K |
|
|
VSTO
3467
DELISTED
Vista Outdoor Inc.
VSTO
| $787K | ﹤0.01% |
24,023
+570
| +2% | +$17.3K |
|
|
GNT
3468
GAMCO Natural Resources, Gold & Income Trust
GNT
$147M
| $786K | ﹤0.01% |
150,943
-13,086
| -8% | -$65.6K |
|
3469
Invesco S&P 500 BuyWrite ETF
PBP
$362M
| $785K | ﹤0.01% |
34,934
+2,922
| +9% | +$64.4K |
|
3470
Renasant Corp
RNST
$3.9B
| $785K | ﹤0.01% |
25,061
+2,534
| +11% | +$79.4K |
|
|
TWO
3471
Two Harbors Investment
TWO
$1.26B
| $784K | ﹤0.01% |
59,195
+11,455
| +24% | +$149K |
|
3472
Columbia Financial
CLBK
$1.12B
| $784K | ﹤0.01% |
45,531
-22,200
| -33% | -$388K |
|
3473
GlobalFoundries
GFS
$27.5B
| $783K | ﹤0.01% |
15,025
+2,036
| +16% | +$111K |
|
3474
Joby Aviation
JOBY
$8.71B
| $779K | ﹤0.01% |
145,260
+18,037
| +14% | +$102K |
|
|
HEQ
3475
John Hancock Hedged Equity & Income Fund
HEQ
$141M
| $777K | ﹤0.01% |
74,069
-19,796
| -21% | -$202K |
|
Similar funds
Wells Fargo's Q1 2024 Portfolio in Review
As of Q1 2024, Wells Fargo held 7,849 positions worth $415B, up 8.3% from $383B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Wells Fargo's Q1 2024 filing shows 356 new, 3,866 increased, 2,176 reduced and 456 closed positions. Its largest new stake was FT Vest US Equity Buffer ETF July: 970,130 shares worth $43.1M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $1.03B.
By sector, the portfolio is most concentrated in Technology at 14% of assets, down from 14% a quarter earlier, followed by Financials and Healthcare.
- Wells Fargo's largest Q1 2024 buy was FT Vest US Equity Buffer ETF July: 970,130 shares worth $43.1M.
- Wells Fargo added most to Starbucks in Q1 2024, an estimated $853M increase.
- Wells Fargo's biggest Q1 2024 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.03B.
- Wells Fargo fully exited Splunk Inc in Q1 2024, selling an estimated $43.1M.
- Wells Fargo's ten largest holdings make up 19% of its $415B portfolio in Q1 2024.
- Wells Fargo opened 356 new positions and closed 456 in Q1 2024.
- Wells Fargo's portfolio value rose 8.3% quarter-over-quarter to $415B.
Based on Wells Fargo's 13F filing for Q1 2024, filed 10 May 2024.