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 |
Invesco QQQ Trust
QQQ
|
+$503M |
| 2 |
Chevron
CVX
|
+$472M |
| 3 |
Vanguard Long-Term Bond ETF
BLV
|
+$374M |
| 4 |
EOG Resources
EOG
|
+$354M |
| 5 |
ARK Innovation ETF
ARKK
|
+$253M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$5.2B |
| 2 |
M&T Bank
MTB
|
+$313M |
| 3 |
iShares Core 60/40 Balanced Allocation ETF
AOR
|
+$304M |
| 4 |
Apple
AAPL
|
+$197M |
| 5 |
iShares Core 80/20 Aggressive Allocation ETF
AOA
|
+$194M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.55% |
| 2 | Healthcare | 8.23% |
| 3 | Financials | 6.88% |
| 4 | Industrials | 6.54% |
| 5 | Consumer Discretionary | 5.29% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3526
Columbia Emerging Markets Consumer ETF
ECON
$305M
| $630K | ﹤0.01% |
30,771
+6,149
| +25% | +$127K |
|
|
CARV
3527
DELISTED
Carver Bancorp
CARV
| $630K | ﹤0.01% |
157,835
| – | – |
|
|
RETA
3528
DELISTED
Reata Pharmaceuticals, Inc. Class A Common Stock
RETA
| $629K | ﹤0.01% |
6,916
+6,054
| +702% | +$355K |
|
3529
Marqeta
MQ
$1.62B
| $624K | ﹤0.01% |
34,150
+5,936
| +21% | +$132K |
|
|
NKG
3530
DELISTED
Nuveen Georgia Quality Municipal Income Fund
NKG
| $623K | ﹤0.01% |
61,237
+12,542
| +26% | +$128K |
|
3531
United States Gasoline Fund
UGA
$136M
| $620K | ﹤0.01% |
10,199
-30,842
| -75% | -$1.82M |
|
|
PML
3532
PIMCO Municipal Income Fund II
PML
$494M
| $619K | ﹤0.01% |
65,932
+10,361
| +19% | +$95.7K |
|
3533
OFG Bancorp
OFG
$2.22B
| $618K | ﹤0.01% |
24,778
+8,780
| +55% | +$245K |
|
|
NOVA
3534
DELISTED
Sunnova Energy
NOVA
| $618K | ﹤0.01% |
39,535
+16,366
| +71% | +$286K |
|
3535
Rocket Lab Corp
RKLB
$49.4B
| $617K | ﹤0.01% |
152,672
+133,936
| +715% | +$601K |
|
3536
Cohen & Steers Duration Preferred & Income Fund
LDP
$599M
| $617K | ﹤0.01% |
34,562
-5,734
| -14% | -$113K |
|
|
LICY
3537
DELISTED
Li-Cycle Holdings Corp.
LICY
| $615K | ﹤0.01% |
13,657
+3,003
| +28% | +$132K |
|
|
HPI
3538
John Hancock Preferred Income Fund
HPI
$434M
| $615K | ﹤0.01% |
38,411
+3
| +0% | +$50 |
|
|
INN
3539
Summit Hotel Properties
INN
$673M
| $614K | ﹤0.01% |
87,725
+52,979
| +152% | +$402K |
|
3540
Keros Therapeutics
KROS
$210M
| $611K | ﹤0.01% |
14,307
+14,260
| +30,340% | +$720K |
|
3541
Tecnoglass Holdings Inc.
TGLS
$1.9B
| $610K | ﹤0.01% |
14,531
+11,145
| +329% | +$399K |
|
3542
Invesco S&P Spin-Off ETF
CSD
$229M
| $609K | ﹤0.01% |
10,758
-3,719
| -26% | -$210K |
|
3543
Renasant Corp
RNST
$3.95B
| $606K | ﹤0.01% |
19,801
+11,374
| +135% | +$398K |
|
3544
Adtran
ADTN
$628M
| $605K | ﹤0.01% |
38,156
+6,910
| +22% | +$120K |
|
|
BRDG
3545
DELISTED
Bridge Investment Group
BRDG
| $604K | ﹤0.01% |
53,275
-117
| -0.2% | -$1.58K |
|
|
CWEN.A
3546
DELISTED
Clearway Energy Class A
CWEN.A
| $603K | ﹤0.01% |
20,076
+6,647
| +49% | +$202K |
|
3547
ICL Group
ICL
$6.87B
| $603K | ﹤0.01% |
89,858
-371,049
| -81% | -$2.74M |
|
3548
York Water
YORW
$527M
| $603K | ﹤0.01% |
13,481
+2,211
| +20% | +$98.9K |
|
3549
West Fraser Timber
WFG
$5.55B
| $602K | ﹤0.01% |
8,447
+2,023
| +31% | +$155K |
|
3550
iShares Government/Credit Bond ETF
GBF
$128M
| $599K | ﹤0.01% |
5,666
-18,580
| -77% | -$1.94M |
|
Similar funds
Wells Fargo's Q1 2023 Portfolio in Review
As of Q1 2023, Wells Fargo held 7,943 positions worth $347B, up 4.2% from $333B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Wells Fargo's Q1 2023 filing shows 427 new, 3,865 increased, 2,015 reduced and 474 closed positions. Its largest new stake was GE HealthCare: 686,371 shares worth $56.3M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $5.2B.
By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 12% a quarter earlier, followed by Healthcare and Financials.
- Wells Fargo's largest Q1 2023 buy was GE HealthCare: 686,371 shares worth $56.3M.
- Wells Fargo added most to Invesco QQQ Trust in Q1 2023, an estimated $503M increase.
- Wells Fargo's biggest Q1 2023 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $5.2B.
- Wells Fargo fully exited STORE Capital Corporation in Q1 2023, selling an estimated $25.9M.
- Wells Fargo's ten largest holdings make up 17% of its $347B portfolio in Q1 2023.
- Wells Fargo opened 427 new positions and closed 474 in Q1 2023.
- Wells Fargo's portfolio value rose 4.2% quarter-over-quarter to $347B.
Based on Wells Fargo's 13F filing for Q1 2023, filed 12 May 2023.