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
|
+$3.29B |
| 2 |
iShares Core MSCI EAFE ETF
IEFA
|
+$1.37B |
| 3 |
Invesco QQQ Trust
QQQ
|
+$642M |
| 4 |
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
|
+$498M |
| 5 |
Nike
NKE
|
+$221M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Morningstar Mid-Cap ETF
VO
|
+$1.24B |
| 2 |
Clorox
CLX
|
+$326M |
| 3 |
Walmart Inc
WMT
|
+$228M |
| 4 |
iShares Russell Mid-Cap ETF
IWR
|
+$152M |
| 5 |
Microsoft
MSFT
|
+$151M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.61% |
| 2 | Healthcare | 8.1% |
| 3 | Financials | 6.84% |
| 4 | Industrials | 6.48% |
| 5 | Consumer Discretionary | 5.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
326
Estee Lauder
EL
$30.4B
| $153M | 0.04% |
779,309
+35,611
| +5% | +$7.55M |
|
327
iShares Russell 2000 Value ETF
IWN
$14.3B
| $152M | 0.04% |
1,081,930
-133,171
| -11% | -$18M |
|
328
Trane Technologies
TT
$100B
| $151M | 0.04% |
790,959
-6,246
| -0.8% | -$1.11M |
|
329
Church & Dwight Co
CHD
$23.4B
| $151M | 0.04% |
1,505,749
+21,451
| +1% | +$2.02M |
|
330
Canadian Pacific Kansas City
CP
$78.1B
| $150M | 0.04% |
1,862,579
+45,856
| +3% | +$3.62M |
|
331
Pool Corp
POOL
$6.75B
| $149M | 0.04% |
398,181
+16,191
| +4% | +$5.54M |
|
332
iShares US Technology ETF
IYW
$23.6B
| $148M | 0.04% |
1,361,643
+139,378
| +11% | +$13.7M |
|
333
KLA
KLAC
$239B
| $148M | 0.04% |
3,055,090
+59,120
| +2% | +$2.47M |
|
334
Copart
CPRT
$27B
| $148M | 0.04% |
3,244,116
-73,942
| -2% | -$3.07M |
|
335
Autodesk
ADSK
$49.5B
| $148M | 0.04% |
720,939
-50,470
| -7% | -$10.1M |
|
|
IPG
336
DELISTED
Interpublic Group of Companies
IPG
| $147M | 0.04% |
3,816,627
-179,244
| -4% | -$6.76M |
|
337
Airbnb
ABNB
$89.9B
| $147M | 0.04% |
1,148,167
-13,269
| -1% | -$1.55M |
|
338
Devon Energy
DVN
$52.1B
| $147M | 0.04% |
3,040,379
-290,882
| -9% | -$14.6M |
|
339
iShares S&P Small-Cap 600 Growth ETF
IJT
$8.26B
| $146M | 0.04% |
1,274,489
-65,210
| -5% | -$7.12M |
|
340
Invesco S&P 500 Low Volatility ETF
SPLV
$7.12B
| $146M | 0.04% |
2,325,163
-126,735
| -5% | -$7.94M |
|
341
Shell
SHEL
$254B
| $146M | 0.04% |
2,410,525
+8,024
| +0.3% | +$482K |
|
342
Invesco Ultra Short Duration ETF
GSY
$3.86B
| $144M | 0.04% |
2,904,874
-464,094
| -14% | -$23.1M |
|
343
SAP
SAP
$212B
| $143M | 0.04% |
1,042,694
+10,523
| +1% | +$1.39M |
|
344
Arista Networks
ANET
$227B
| $143M | 0.04% |
3,520,104
+119,924
| +4% | +$4.64M |
|
345
CALL
State Street Energy Select Sector SPDR ETF
XLE
$39.6B
| $142M | 0.04% |
3,500,000
-12,600
| -0.4% | -$513K |
|
346
Cintas
CTAS
$81.9B
| $142M | 0.04% |
1,141,600
+25,592
| +2% | +$3M |
|
347
Atmos Energy
ATO
$28.8B
| $142M | 0.04% |
1,216,721
+25,671
| +2% | +$2.97M |
|
348
McCormick & Company Non-Voting
MKC
$13.7B
| $141M | 0.04% |
1,619,893
-119,280
| -7% | -$10.5M |
|
349
Vanguard Morningstar Small-Cap Growth ETF
VBK
$23.1B
| $141M | 0.04% |
615,041
-20,431
| -3% | -$4.44M |
|
350
Valero Energy
VLO
$90.1B
| $140M | 0.04% |
1,195,170
-99,430
| -8% | -$11.6M |
|
Similar funds
Wells Fargo's Q2 2023 Portfolio in Review
As of Q2 2023, Wells Fargo held 7,830 positions worth $362B, up 4.4% from $347B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Wells Fargo's Q2 2023 filing shows 390 new, 3,912 increased, 2,324 reduced and 274 closed positions. Its largest new stake was State Street SPDR US Large Cap Low Volatility Index ETF: 257,436 shares worth $36.2M. The largest sale was Vanguard Morningstar Mid-Cap ETF, an estimated $1.24B.
By sector, the portfolio is most concentrated in Technology at 15% of assets, up from 14% a quarter earlier, followed by Healthcare and Financials.
- Wells Fargo's largest Q2 2023 buy was State Street SPDR US Large Cap Low Volatility Index ETF: 257,436 shares worth $36.2M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q2 2023, an estimated $3.29B increase.
- Wells Fargo's biggest Q2 2023 reduction was Vanguard Morningstar Mid-Cap ETF, cutting an estimated $1.24B.
- Wells Fargo fully exited ABB Ltd in Q2 2023, selling an estimated $67.4M.
- Wells Fargo's ten largest holdings make up 18% of its $362B portfolio in Q2 2023.
- Wells Fargo opened 390 new positions and closed 274 in Q2 2023.
- Wells Fargo's portfolio value rose 4.4% quarter-over-quarter to $362B.
Based on Wells Fargo's 13F filing for Q2 2023, filed 15 Aug 2023.