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 | |
|---|---|---|---|---|---|---|
326
Janus Henderson AAA CLO ETF
JAAA
$29.2B
| $179M | 0.04% |
3,525,951
+530,695
| +18% | +$26.8M |
|
327
Xylem
XYL
$27.8B
| $178M | 0.04% |
1,376,957
+29,320
| +2% | +$3.54M |
|
328
Vanguard Morningstar Small-Cap Growth ETF
VBK
$24.1B
| $178M | 0.04% |
680,999
+18,024
| +3% | +$4.43M |
|
329
United Rentals
URI
$69.5B
| $177M | 0.04% |
245,987
+9,777
| +4% | +$6.27M |
|
330
DexCom
DXCM
$32.9B
| $176M | 0.04% |
1,272,416
-43,322
| -3% | -$5.45M |
|
331
iShares 3-7 Year Treasury Bond ETF
IEI
$17.8B
| $176M | 0.04% |
1,522,309
-254,444
| -14% | -$29.5M |
|
332
State Street SPDR S&P Biotech ETF
XBI
$9.92B
| $176M | 0.04% |
1,854,952
+1,380,118
| +291% | +$128M |
|
333
First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
$1.83B
| $176M | 0.04% |
1,420,242
-46,227
| -3% | -$5.57M |
|
334
Invesco Preferred ETF
PGX
$3.81B
| $176M | 0.04% |
14,795,023
-558,467
| -4% | -$6.58M |
|
335
FedEx
FDX
$73.2B
| $175M | 0.04% |
603,311
-26,860
| -4% | -$6.72M |
|
336
Pool Corp
POOL
$7.11B
| $175M | 0.04% |
433,159
+10,286
| +2% | +$4.02M |
|
337
PGIM Ultra Short Bond ETF
PULS
$18.3B
| $173M | 0.04% |
3,475,132
-231,057
| -6% | -$11.5M |
|
|
SPYM
338
State Street SPDR Portfolio S&P 500 ETF
SPYM
$167B
| $172M | 0.04% |
2,799,085
+664,051
| +31% | +$38.9M |
|
339
Copart
CPRT
$27.2B
| $172M | 0.04% |
2,965,405
+97,387
| +3% | +$5.01M |
|
340
Shell
SHEL
$252B
| $171M | 0.04% |
2,555,348
-4,365
| -0.2% | -$280K |
|
341
Ulta Beauty
ULTA
$23B
| $171M | 0.04% |
327,421
-23,755
| -7% | -$12.3M |
|
342
American Water Works
AWK
$26.1B
| $171M | 0.04% |
1,399,584
+79,542
| +6% | +$9.79M |
|
343
Akamai
AKAM
$17.9B
| $170M | 0.04% |
1,564,835
+112,315
| +8% | +$12.9M |
|
344
Diamondback Energy
FANG
$55.9B
| $169M | 0.04% |
853,034
+23,587
| +3% | +$4M |
|
345
First Trust NASDAQ-100 Technology Index Fund
QTEC
$4.88B
| $169M | 0.04% |
885,671
+48,584
| +6% | +$8.97M |
|
346
Autodesk
ADSK
$49.6B
| $168M | 0.04% |
645,484
-6,376
| -1% | -$1.61M |
|
347
Electronic Arts
EA
$53B
| $166M | 0.04% |
1,254,931
+39,006
| +3% | +$5.35M |
|
348
PayPal
PYPL
$50.1B
| $166M | 0.04% |
2,484,632
-469,193
| -16% | -$28.8M |
|
349
abrdn Bloomberg All Commodity Strategy K-1 Free ETF
BCI
$2.9B
| $166M | 0.04% |
8,412,471
-206,505
| -2% | -$3.99M |
|
350
Marathon Petroleum
MPC
$89.6B
| $165M | 0.04% |
816,915
-12,269
| -1% | -$2.1M |
|
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 357 new, 3,869 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 357 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.