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
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1B |
| 2 |
Microsoft
MSFT
|
+$878M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$748M |
| 4 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$647M |
| 5 |
Amazon
AMZN
|
+$436M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.09% |
| 2 | Healthcare | 9.01% |
| 3 | Financials | 7.29% |
| 4 | Industrials | 6.45% |
| 5 | Consumer Discretionary | 5.37% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3576
Sasol
SSL
$7.1B
| $482K | ﹤0.01% |
20,927
-2,048
| -9% | -$50.4K |
|
|
EFC
3577
Ellington Financial
EFC
$1.71B
| $478K | ﹤0.01% |
32,549
-34,371
| -51% | -$539K |
|
3578
HUB Group
HUBG
$2.92B
| $478K | ﹤0.01% |
13,472
-35,628
| -73% | -$1.25M |
|
3579
Invesco International Corporate Bond ETF
PICB
$362M
| $478K | ﹤0.01% |
21,724
-1,427
| -6% | -$33.2K |
|
3580
Sportsman's Warehouse
SPWH
$46M
| $478K | ﹤0.01% |
49,854
-22,878
| -31% | -$226K |
|
|
BRW
3581
Saba Capital Income & Opportunities Fund
BRW
$339M
| $477K | ﹤0.01% |
59,366
+2,125
| +4% | +$17.8K |
|
|
EFT
3582
Eaton Vance Floating-Rate Income Trust
EFT
$288M
| $477K | ﹤0.01% |
40,468
-8,941
| -18% | -$111K |
|
3583
Brink's
BCO
$4.62B
| $476K | ﹤0.01% |
7,831
-27,072
| -78% | -$1.63M |
|
3584
iShares Interest Rate Hedged High Yield Bond ETF
HYGH
$601M
| $476K | ﹤0.01% |
5,988
-423
| -7% | -$35.4K |
|
3585
Relmada Therapeutics
RLMD
$527M
| $476K | ﹤0.01% |
25,032
+802
| +3% | +$17.5K |
|
3586
UFP Technologies
UFPT
$2.43B
| $476K | ﹤0.01% |
5,986
+4,505
| +304% | +$331K |
|
3587
C3.ai
AI
$1.59B
| $474K | ﹤0.01% |
25,971
-31,464
| -55% | -$578K |
|
3588
Peabody Energy
BTU
$2.9B
| $472K | ﹤0.01% |
22,097
-77,109
| -78% | -$1.89M |
|
3589
iShares Global Utilities ETF
JXI
$307M
| $471K | ﹤0.01% |
7,826
+50
| +0.6% | +$3.17K |
|
3590
Invesco Next Gen Connectivity ETF
KNCT
$161M
| $470K | ﹤0.01% |
6,590
-343
| -5% | -$26.9K |
|
3591
Stride
LRN
$3.43B
| $468K | ﹤0.01% |
11,484
-31,164
| -73% | -$1.15M |
|
|
NSL
3592
DELISTED
NUVEEN SENIOR INCM FD
NSL
| $468K | ﹤0.01% |
97,875
+20,060
| +26% | +$104K |
|
3593
Lindsay Corp
LNN
$1.18B
| $466K | ﹤0.01% |
3,510
-7,799
| -69% | -$1.03M |
|
|
PARA
3594
CALL
DELISTED
Paramount Global Class B
PARA
| $464K | ﹤0.01% |
18,800
| – | – |
|
3595
Universal Electronics
UEIC
$61.3M
| $463K | ﹤0.01% |
18,109
-10,660
| -37% | -$298K |
|
|
NP
3596
DELISTED
Neenah, Inc. Common Stock
NP
| $463K | ﹤0.01% |
13,532
-15,127
| -53% | -$566K |
|
3597
Eagle Bancorp
EGBN
$845M
| $461K | ﹤0.01% |
9,726
-15,874
| -62% | -$798K |
|
|
SBR
3598
Sabine Royalty Trust
SBR
$1.05B
| $461K | ﹤0.01% |
7,570
-259
| -3% | -$17.5K |
|
3599
ALPS Clean Energy ETF
ACES
$124M
| $458K | ﹤0.01% |
9,438
-135,051
| -93% | -$7.07M |
|
|
LPRO
3600
DELISTED
Open Lending Corp
LPRO
| $458K | ﹤0.01% |
44,762
-55,514
| -55% | -$743K |
|
Similar funds
Wells Fargo's Q2 2022 Portfolio in Review
As of Q2 2022, Wells Fargo held 8,080 positions worth $323B, down 17% from $390B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Wells Fargo withdrew a net $12.6B in Q2 2022, closing 375 positions and reducing 4,229 holdings. Its most notable exit was People's United Financial Inc, an estimated $250M position sold in full.
By sector, the portfolio is most concentrated in Technology at 13% of assets, down from 15% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Wells Fargo opened a new position in Aspen Technology Inc worth $80.2M.
- Wells Fargo's largest Q2 2022 buy was Aspen Technology Inc: 436,654 shares worth $80.2M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q2 2022, an estimated $2.47B increase.
- Wells Fargo's biggest Q2 2022 reduction was Apple, cutting an estimated $1B.
- Wells Fargo fully exited People's United Financial Inc in Q2 2022, selling an estimated $250M.
- Wells Fargo's ten largest holdings make up 18% of its $323B portfolio in Q2 2022.
- Wells Fargo opened 272 new positions and closed 375 in Q2 2022.
- Wells Fargo's portfolio value fell 17% quarter-over-quarter to $323B.
Based on Wells Fargo's 13F filing for Q2 2022, filed 12 Aug 2022.