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 | |
|---|---|---|---|---|---|---|
|
MFM
3551
Aberdeen Municipal Income Fund
MFM
$224M
| $739K | ﹤0.01% |
135,286
-23,150
| -15% | -$121K |
|
3552
Annexon
ANNX
$886M
| $738K | ﹤0.01% |
150,616
+121,711
| +421% | +$630K |
|
3553
Invesco CurrencyShares Canadian Dollar Trust
FXC
$70.1M
| $735K | ﹤0.01% |
10,282
+8,522
| +484% | +$609K |
|
|
IGD
3554
Voya Global Equity Dividend and Premium Opportunity Fund
IGD
$517M
| $735K | ﹤0.01% |
143,056
+1,463
| +1% | +$7.52K |
|
|
EFT
3555
Eaton Vance Floating-Rate Income Trust
EFT
$288M
| $734K | ﹤0.01% |
54,659
-28,723
| -34% | -$385K |
|
3556
Global E Online
GLBE
$7.11B
| $731K | ﹤0.01% |
20,168
-14,597
| -42% | -$471K |
|
3557
Tennant Co
TNC
$1.26B
| $730K | ﹤0.01% |
7,419
-3,026
| -29% | -$326K |
|
3558
Nelnet
NNI
$4.7B
| $730K | ﹤0.01% |
7,239
+1,603
| +28% | +$159K |
|
3559
CALL
Becton Dickinson
BDX
$48.2B
| $725K | ﹤0.01% |
3,100
| – | – |
|
3560
First Busey Corp
BUSE
$2.56B
| $723K | ﹤0.01% |
29,872
+5,023
| +20% | +$115K |
|
3561
BlackRock MuniAssets Fund
MUA
$522M
| $722K | ﹤0.01% |
62,253
+2,164
| +4% | +$24.1K |
|
3562
Global Net Lease
GNL
$1.95B
| $720K | ﹤0.01% |
97,930
+17,212
| +21% | +$125K |
|
3563
Life Time Group Holdings
LTH
$9.79B
| $719K | ﹤0.01% |
38,190
+9,109
| +31% | +$144K |
|
|
EDR
3564
DELISTED
Endeavor Group Holdings, Inc.
EDR
| $719K | ﹤0.01% |
26,593
-27,977
| -51% | -$744K |
|
3565
Nuveen Select Maturities Municipal Fund
NIM
$117M
| $719K | ﹤0.01% |
79,481
+450
| +0.6% | +$4.01K |
|
3566
SharkNinja
SN
$26.1B
| $718K | ﹤0.01% |
9,557
+5,344
| +127% | +$376K |
|
3567
MBIA
MBI
$260M
| $717K | ﹤0.01% |
130,627
+48,453
| +59% | +$290K |
|
|
ARIS
3568
DELISTED
Aris Water Solutions
ARIS
| $715K | ﹤0.01% |
45,628
+34,461
| +309% | +$515K |
|
3569
SLM Corp
SLM
$5.15B
| $715K | ﹤0.01% |
34,369
-2,696
| -7% | -$56.8K |
|
|
LAND
3570
Gladstone Land Corp
LAND
$360M
| $712K | ﹤0.01% |
52,044
-161
| -0.3% | -$2.12K |
|
3571
PUT
Five Below
FIVE
$13.5B
| $708K | ﹤0.01% |
+6,500
| New | +$900K |
|
3572
iShares Global Utilities ETF
JXI
$311M
| $701K | ﹤0.01% |
11,714
+1,144
| +11% | +$69.8K |
|
|
WIA
3573
Western Asset Inflation-Linked Income Fund
WIA
$186M
| $698K | ﹤0.01% |
87,165
+7,603
| +10% | +$60.9K |
|
3574
Cimpress
CMPR
$2.31B
| $696K | ﹤0.01% |
7,948
+1,086
| +16% | +$94.7K |
|
3575
iShares Government/Credit Bond ETF
GBF
$128M
| $695K | ﹤0.01% |
6,762
-352
| -5% | -$35.9K |
|
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 386 new, 3,308 increased, 2,367 reduced and 944 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 386 new positions and closed 944 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.