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
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1B |
| 2 |
Microsoft
MSFT
|
+$878M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$748M |
| 4 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$647M |
| 5 |
Amazon
AMZN
|
+$436M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.09% |
| 2 | Healthcare | 9.01% |
| 3 | Financials | 7.29% |
| 4 | Industrials | 6.45% |
| 5 | Consumer Discretionary | 5.37% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
HDV
326
iShares Core High Dividend ETF
HDV
$14.5B
| $143M | 0.04% |
7,118,745
+2,598,125
| +57% | +$54.9M |
|
327
CSX Corp
CSX
$93.4B
| $143M | 0.04% |
4,914,186
-683,340
| -12% | -$22.3M |
|
|
ATVI
328
DELISTED
Activision Blizzard
ATVI
| $143M | 0.04% |
1,830,756
-188,358
| -9% | -$14.7M |
|
329
Humana
HUM
$43.7B
| $142M | 0.04% |
304,092
-22,494
| -7% | -$10M |
|
330
ARK Innovation ETF
ARKK
$5.64B
| $142M | 0.04% |
3,557,516
-31,699
| -0.9% | -$1.51M |
|
331
Chipotle Mexican Grill
CMG
$47.2B
| $142M | 0.04% |
5,426,300
-2,647,150
| -33% | -$73.8M |
|
332
Atmos Energy
ATO
$28.8B
| $142M | 0.04% |
1,265,482
-39,185
| -3% | -$4.49M |
|
333
First Trust Smith Opportunistic Fixed Income ETF
FIXD
$3.23B
| $142M | 0.04% |
3,055,702
-1,656,796
| -35% | -$78.4M |
|
334
State Street Blackstone Senior Loan ETF
SRLN
$5.3B
| $141M | 0.04% |
3,380,013
+92,194
| +3% | +$4.01M |
|
335
Copart
CPRT
$27B
| $140M | 0.04% |
5,170,468
-486,796
| -9% | -$13.9M |
|
336
Boston Scientific
BSX
$69.5B
| $140M | 0.04% |
3,749,161
-835,614
| -18% | -$34M |
|
337
iShares 20+ Year Treasury Bond ETF
TLT
$42.1B
| $140M | 0.04% |
1,215,010
+63,890
| +6% | +$7.52M |
|
338
First Trust Preferred Securities and Income ETF
FPE
$6.32B
| $139M | 0.04% |
8,092,491
+213,461
| +3% | +$3.86M |
|
|
GRMN
339
Garmin
GRMN
$56.7B
| $139M | 0.04% |
1,416,902
-102,723
| -7% | -$10.8M |
|
340
ProShares S&P 500 Dividend Aristocrats ETF
NOBL
$11.7B
| $139M | 0.04% |
3,259,732
+51,836
| +2% | +$2.36M |
|
341
Commerce Bancshares
CBSH
$8.53B
| $138M | 0.04% |
2,548,682
-63,507
| -2% | -$3.57M |
|
342
W.R. Berkley
WRB
$26.9B
| $136M | 0.04% |
2,998,769
-76,834
| -2% | -$3.49M |
|
343
GE Aerospace
GE
$374B
| $136M | 0.04% |
3,429,586
-740,718
| -18% | -$35.9M |
|
344
Vanguard Morningstar Small-Cap Growth ETF
VBK
$23.1B
| $136M | 0.04% |
688,715
-88,113
| -11% | -$19.1M |
|
345
Church & Dwight Co
CHD
$23.4B
| $134M | 0.04% |
1,448,128
-66,132
| -4% | -$6.25M |
|
|
HES
346
DELISTED
Hess
HES
| $134M | 0.04% |
1,265,685
-27,046
| -2% | -$3.06M |
|
|
IPG
347
DELISTED
Interpublic Group of Companies
IPG
| $133M | 0.04% |
4,842,283
-419,719
| -8% | -$13.3M |
|
348
Ulta Beauty
ULTA
$22B
| $130M | 0.04% |
336,603
-79,352
| -19% | -$31.5M |
|
349
iShares MSCI EAFE Growth ETF
EFG
$16.6B
| $129M | 0.04% |
1,608,489
-232,051
| -13% | -$20.2M |
|
350
SLB Ltd
SLB
$73.6B
| $127M | 0.04% |
3,559,171
+37,181
| +1% | +$1.55M |
|
Similar funds
Wells Fargo's Q2 2022 Portfolio in Review
As of Q2 2022, Wells Fargo held 8,080 positions worth $323B, down 17% from $390B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Wells Fargo withdrew a net $12.6B in Q2 2022, closing 375 positions and reducing 4,229 holdings. Its most notable exit was People's United Financial Inc, an estimated $250M position sold in full.
By sector, the portfolio is most concentrated in Technology at 13% of assets, down from 15% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Wells Fargo opened a new position in Aspen Technology Inc worth $80.2M.
- Wells Fargo's largest Q2 2022 buy was Aspen Technology Inc: 436,654 shares worth $80.2M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q2 2022, an estimated $2.47B increase.
- Wells Fargo's biggest Q2 2022 reduction was Apple, cutting an estimated $1B.
- Wells Fargo fully exited People's United Financial Inc in Q2 2022, selling an estimated $250M.
- Wells Fargo's ten largest holdings make up 18% of its $323B portfolio in Q2 2022.
- Wells Fargo opened 271 new positions and closed 375 in Q2 2022.
- Wells Fargo's portfolio value fell 17% quarter-over-quarter to $323B.
Based on Wells Fargo's 13F filing for Q2 2022, filed 12 Aug 2022.