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 | |
|---|---|---|---|---|---|---|
3476
Genco Shipping & Trading
GNK
$1.1B
| $782K | ﹤0.01% |
55,729
+6,154
| +12% | +$88.5K |
|
3477
Seadrill
SDRL
$2.7B
| $780K | ﹤0.01% |
+18,900
| New | +$702K |
|
3478
iShares MSCI Europe Financials ETF
EUFN
$4.29B
| $779K | ﹤0.01% |
40,638
-19,406
| -32% | -$374K |
|
|
FBRT
3479
Franklin BSP Realty Trust
FBRT
$657M
| $779K | ﹤0.01% |
55,016
+28,370
| +106% | +$374K |
|
3480
Costamare
CMRE
$1.77B
| $777K | ﹤0.01% |
80,399
+11,518
| +17% | +$103K |
|
|
CSR
3481
Centerspace
CSR
$952M
| $773K | ﹤0.01% |
12,598
+2,242
| +22% | +$131K |
|
|
PLL
3482
DELISTED
Piedmont Lithium
PLL
| $773K | ﹤0.01% |
13,392
+4,544
| +51% | +$260K |
|
3483
XP
XP
$8.39B
| $769K | ﹤0.01% |
32,779
+17,866
| +120% | +$303K |
|
|
CHS
3484
DELISTED
Chicos FAS, Inc.
CHS
| $768K | ﹤0.01% |
143,632
+22,986
| +19% | +$120K |
|
3485
Invesco S&P 500 BuyWrite ETF
PBP
$362M
| $768K | ﹤0.01% |
34,731
-393
| -1% | -$8.49K |
|
|
SNBR
3486
DELISTED
Sleep Number
SNBR
| $766K | ﹤0.01% |
28,097
-1,150
| -4% | -$26.3K |
|
3487
Horizon Bancorp
HBNC
$1.04B
| $766K | ﹤0.01% |
73,574
+7,317
| +11% | +$72.6K |
|
3488
Danaos Corp
DAC
$2.56B
| $766K | ﹤0.01% |
11,462
+1,293
| +13% | +$78K |
|
3489
West Fraser Timber
WFG
$5.65B
| $763K | ﹤0.01% |
8,874
+427
| +5% | +$32.2K |
|
|
EFT
3490
Eaton Vance Floating-Rate Income Trust
EFT
$288M
| $763K | ﹤0.01% |
65,308
-8,038
| -11% | -$92K |
|
3491
GrafTech
EAF
$212M
| $761K | ﹤0.01% |
15,109
+1,936
| +15% | +$90.1K |
|
3492
Braze
BRZE
$2.99B
| $760K | ﹤0.01% |
17,353
+16,564
| +2,099% | +$563K |
|
3493
Commercial Vehicle Group
CVGI
$147M
| $759K | ﹤0.01% |
68,390
+10,905
| +19% | +$98.9K |
|
|
DICE
3494
DELISTED
DICE Therapeutics, Inc. Common Stock
DICE
| $759K | ﹤0.01% |
16,333
+9,856
| +152% | +$341K |
|
3495
Acadia Realty Trust
AKR
$2.84B
| $753K | ﹤0.01% |
52,330
+14,740
| +39% | +$199K |
|
3496
BGC Group
BGC
$4.89B
| $752K | ﹤0.01% |
169,810
+39,493
| +30% | +$175K |
|
3497
Liberty Global Class C
LBTYK
$3.49B
| $750K | ﹤0.01% |
42,225
+4,036
| +11% | +$75.2K |
|
|
X
3498
PUT
DELISTED
US Steel
X
| $750K | ﹤0.01% |
30,000
| – | – |
|
|
GNT
3499
GAMCO Natural Resources, Gold & Income Trust
GNT
$144M
| $750K | ﹤0.01% |
149,456
-6,323
| -4% | -$32.3K |
|
|
IGD
3500
Voya Global Equity Dividend and Premium Opportunity Fund
IGD
$517M
| $750K | ﹤0.01% |
145,956
-2,938
| -2% | -$14.9K |
|
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, 3,910 increased, 2,322 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.