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
|
+$506M |
| 2 |
Microsoft
MSFT
|
+$336M |
| 3 |
Amazon
AMZN
|
+$287M |
| 4 |
Apple
AAPL
|
+$269M |
| 5 |
Meta Platforms (Facebook)
META
|
+$233M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Air Products & Chemicals
APD
|
+$425M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$334M |
| 3 |
United Parcel Service
UPS
|
+$148M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$128M |
| 5 |
Vanguard Morningstar Mid-Cap ETF
VO
|
+$124M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.28% |
| 2 | Financials | 7.45% |
| 3 | Healthcare | 7.23% |
| 4 | Industrials | 6.23% |
| 5 | Consumer Discretionary | 5.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
326
Vanguard Morningstar Small-Cap Growth ETF
VBK
$23.1B
| $188M | 0.05% |
752,398
+71,399
| +10% | +$17.8M |
|
327
T. Rowe Price
TROW
$23.9B
| $188M | 0.05% |
1,630,074
-313
| -0% | -$36K |
|
328
iShares US Technology ETF
IYW
$23.6B
| $187M | 0.05% |
1,242,498
-101,690
| -8% | -$14.1M |
|
329
Diageo
DEO
$49B
| $187M | 0.05% |
1,479,883
-366,747
| -20% | -$50.5M |
|
330
First Trust NASDAQ-100 Technology Index Fund
QTEC
$4.52B
| $187M | 0.05% |
944,842
+59,171
| +7% | +$11.1M |
|
331
Diamondback Energy
FANG
$57.1B
| $184M | 0.04% |
921,586
+68,552
| +8% | +$13.6M |
|
332
Teradyne
TER
$57.6B
| $184M | 0.04% |
1,243,736
+397,956
| +47% | +$50.5M |
|
333
Shell
SHEL
$254B
| $184M | 0.04% |
2,544,956
-10,392
| -0.4% | -$743K |
|
334
State Street Utilities Select Sector SPDR ETF
XLU
$22.8B
| $183M | 0.04% |
5,374,576
+471,262
| +10% | +$16.2M |
|
335
Sysco
SYY
$40.8B
| $183M | 0.04% |
2,564,864
+28,897
| +1% | +$2.16M |
|
|
SPYM
336
State Street SPDR Portfolio S&P 500 ETF
SPYM
$161B
| $179M | 0.04% |
2,797,037
-2,048
| -0.1% | -$126K |
|
337
Invesco S&P 500 Quality ETF
SPHQ
$19.4B
| $177M | 0.04% |
2,788,411
+479,845
| +21% | +$29.3M |
|
338
Emcor
EME
$35.2B
| $177M | 0.04% |
483,919
-34,207
| -7% | -$12.6M |
|
339
abrdn Bloomberg All Commodity Strategy K-1 Free ETF
BCI
$2.95B
| $175M | 0.04% |
8,624,294
+211,823
| +3% | +$4.36M |
|
340
PUT
Advanced Micro Devices
AMD
$776B
| $173M | 0.04% |
1,066,200
+30,000
| +3% | +$4.83M |
|
341
Travelers Companies
TRV
$78.1B
| $173M | 0.04% |
848,995
+7,483
| +0.9% | +$1.61M |
|
342
Invesco Preferred ETF
PGX
$3.81B
| $173M | 0.04% |
14,939,540
+144,517
| +1% | +$1.67M |
|
343
Trade Desk
TTD
$8.48B
| $170M | 0.04% |
1,744,121
+295,188
| +20% | +$26.6M |
|
344
First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
$1.75B
| $170M | 0.04% |
1,380,569
-39,673
| -3% | -$4.8M |
|
345
PUT
State Street Energy Select Sector SPDR ETF
XLE
$39.6B
| $169M | 0.04% |
3,710,000
-107,400
| -3% | -$5M |
|
346
Copart
CPRT
$27B
| $169M | 0.04% |
3,111,477
+146,072
| +5% | +$7.97M |
|
347
T-Mobile US
TMUS
$185B
| $168M | 0.04% |
955,051
+261,245
| +38% | +$43.8M |
|
348
John Hancock Multifactor Mid Cap ETF
JHMM
$5.92B
| $167M | 0.04% |
3,038,163
-115,402
| -4% | -$6.39M |
|
349
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
$18.5B
| $167M | 0.04% |
3,258,438
+112,293
| +4% | +$5.72M |
|
350
Marathon Petroleum
MPC
$92.4B
| $167M | 0.04% |
962,278
+145,363
| +18% | +$27M |
|
Similar funds
Wells Fargo's Q2 2024 Portfolio in Review
As of Q2 2024, Wells Fargo held 7,784 positions worth $412B, down 0.64% from $415B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Wells Fargo's Q2 2024 filing shows 385 new, 3,309 increased, 2,368 reduced and 948 closed positions. Its largest new stake was NextEra Energy 7.299% Corporate Units: 1,487,927 shares worth $73.6M. The largest sale was Air Products & Chemicals, an estimated $425M.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 14% a quarter earlier, followed by Financials and Healthcare.
- Wells Fargo's largest Q2 2024 buy was NextEra Energy 7.299% Corporate Units: 1,487,927 shares worth $73.6M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q2 2024, an estimated $506M increase.
- Wells Fargo's biggest Q2 2024 reduction was Air Products & Chemicals, cutting an estimated $425M.
- Wells Fargo fully exited Pioneer Natural Resource Co. in Q2 2024, selling an estimated $88.9M.
- Wells Fargo's ten largest holdings make up 19% of its $412B portfolio in Q2 2024.
- Wells Fargo opened 385 new positions and closed 948 in Q2 2024.
- Wells Fargo's portfolio value fell 0.64% quarter-over-quarter to $412B.
Based on Wells Fargo's 13F filing for Q2 2024, filed 13 Aug 2024.