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 | |
|---|---|---|---|---|---|---|
3501
Invesco Dorsey Wright Consumer Cyclicals Momentum ETF
PEZ
$22.9M
| $750K | ﹤0.01% |
10,835
-968
| -8% | -$65.4K |
|
|
FCT
3502
First Trust Senior Floating Rate Income Fund II
FCT
$251M
| $749K | ﹤0.01% |
75,688
+11,898
| +19% | +$115K |
|
3503
SandRidge Energy
SD
$503M
| $745K | ﹤0.01% |
48,837
+15,325
| +46% | +$225K |
|
3504
Coursera
COUR
$1.54B
| $745K | ﹤0.01% |
57,186
+32,479
| +131% | +$389K |
|
3505
HNI Corp
HNI
$3.59B
| $744K | ﹤0.01% |
26,384
+11,521
| +78% | +$306K |
|
3506
Renasant Corp
RNST
$3.91B
| $742K | ﹤0.01% |
28,394
+8,593
| +43% | +$238K |
|
3507
Imperial Oil
IMO
$60.4B
| $740K | ﹤0.01% |
14,454
-11,839
| -45% | -$588K |
|
3508
Cogent Biosciences
COGT
$7.24B
| $739K | ﹤0.01% |
62,386
+10,616
| +21% | +$122K |
|
|
LICY
3509
DELISTED
Li-Cycle Holdings Corp.
LICY
| $738K | ﹤0.01% |
16,622
+2,965
| +22% | +$121K |
|
|
MAV
3510
DELISTED
Pioneer Municipal High Income Advantage Fund
MAV
| $737K | ﹤0.01% |
93,310
-1,999
| -2% | -$15.9K |
|
3511
Invesco MSCI Sustainable Future ETF
ERTH
$138M
| $737K | ﹤0.01% |
15,030
-637
| -4% | -$30.3K |
|
|
NBW
3512
DELISTED
Neuberger Berman California Municipal Fund Inc.
NBW
| $736K | ﹤0.01% |
69,112
-7,689
| -10% | -$83K |
|
3513
BlackRock Multi-Sector Income Trust
BIT
$702M
| $736K | ﹤0.01% |
51,208
+353
| +0.7% | +$5.11K |
|
|
SJT
3514
San Juan Basin Royalty Trust
SJT
$118M
| $736K | ﹤0.01% |
98,998
-71,204
| -42% | -$604K |
|
|
MHF
3515
Western Asset Municipal High Income Fund
MHF
$153M
| $735K | ﹤0.01% |
112,209
-3,099
| -3% | -$20K |
|
|
RA
3516
Brookfield Real Assets Income Fund
RA
$708M
| $728K | ﹤0.01% |
43,431
-18,413
| -30% | -$308K |
|
3517
PDF Solutions
PDFS
$2.07B
| $728K | ﹤0.01% |
16,138
+4,904
| +44% | +$200K |
|
3518
Talos Energy
TALO
$2.4B
| $726K | ﹤0.01% |
52,369
+31,047
| +146% | +$418K |
|
3519
Andersons Inc
ANDE
$2.22B
| $726K | ﹤0.01% |
15,727
+6,931
| +79% | +$290K |
|
3520
Trip.com Group
TCOM
$29.1B
| $726K | ﹤0.01% |
20,735
+10,745
| +108% | +$374K |
|
|
PDT
3521
John Hancock Premium Dividend Fund
PDT
$626M
| $724K | ﹤0.01% |
61,468
+409
| +0.7% | +$4.87K |
|
3522
OceanFirst Financial
OCFC
$1.91B
| $724K | ﹤0.01% |
46,339
+29,879
| +182% | +$466K |
|
|
BORR
3523
Borr Drilling
BORR
$1.19B
| $724K | ﹤0.01% |
96,094
+57,936
| +152% | +$415K |
|
3524
AbCellera Biologics
ABCL
$2.12B
| $723K | ﹤0.01% |
111,980
-31,156
| -22% | -$213K |
|
|
PMO
3525
Franklin Municipal Opportunities Trust
PMO
$285M
| $723K | ﹤0.01% |
70,809
-22,736
| -24% | -$231K |
|
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.