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 | |
|---|---|---|---|---|---|---|
|
OPLN
3601
Openlane
OPLN
$4.54B
| $456K | ﹤0.01% |
30,824
-36,247
| -54% | -$568K |
|
3602
Coupang
CPNG
$29.2B
| $455K | ﹤0.01% |
35,705
-149,488
| -81% | -$2.04M |
|
3603
Green Plains
GPRE
$1.03B
| $455K | ﹤0.01% |
16,762
-70,806
| -81% | -$2.22M |
|
3604
PUT
Peloton Interactive
PTON
$2.49B
| $455K | ﹤0.01% |
49,600
-35,300
| -42% | -$566K |
|
3605
Invesco Mortgage Capital
IVR
$805M
| $454K | ﹤0.01% |
30,962
-20,057
| -39% | -$339K |
|
3606
OFG Bancorp
OFG
$2.21B
| $454K | ﹤0.01% |
17,920
-38,394
| -68% | -$1.03M |
|
|
NEX
3607
DELISTED
NexTier Oilfield Solutions Inc.
NEX
| $453K | ﹤0.01% |
47,737
-123,840
| -72% | -$1.3M |
|
3608
Rocket Companies
RKT
$38.9B
| $452K | ﹤0.01% |
61,439
-194,077
| -76% | -$1.68M |
|
|
SNLN
3609
DELISTED
Highland/iBoxx Senior Loan ETF
SNLN
| $452K | ﹤0.01% |
30,684
-3,331
| -10% | -$50.8K |
|
3610
Nuveen Mortgage and Income Fund
JLS
$94.7M
| $450K | ﹤0.01% |
27,217
+2,250
| +9% | +$38.9K |
|
|
CGO
3611
Calamos Global Total Return Fund
CGO
$130M
| $449K | ﹤0.01% |
42,324
+18,905
| +81% | +$235K |
|
3612
Healthcare Services Group
HCSG
$1.53B
| $449K | ﹤0.01% |
25,864
-54,780
| -68% | -$945K |
|
3613
York Water
YORW
$514M
| $449K | ﹤0.01% |
11,095
-4,914
| -31% | -$199K |
|
3614
GoodRx Holdings
GDRX
$1.26B
| $448K | ﹤0.01% |
75,713
-30,239
| -29% | -$337K |
|
|
MFA
3615
MFA Financial
MFA
$933M
| $447K | ﹤0.01% |
41,689
+3,289
| +9% | +$44.3K |
|
|
CAF
3616
Morgan Stanley China A Share Fund
CAF
$327M
| $446K | ﹤0.01% |
26,357
+8,533
| +48% | +$132K |
|
3617
The Bancorp
TBBK
$2.84B
| $446K | ﹤0.01% |
22,849
-34,867
| -60% | -$748K |
|
3618
Axogen
AXGN
$2.5B
| $445K | ﹤0.01% |
54,381
-21,539
| -28% | -$184K |
|
3619
Super Micro Computer
SMCI
$20.1B
| $445K | ﹤0.01% |
110,270
-322,170
| -75% | -$1.47M |
|
3620
ZTO Express
ZTO
$17.9B
| $445K | ﹤0.01% |
16,204
+394
| +2% | +$10.1K |
|
3621
Sibanye-Stillwater
SBSW
$7.53B
| $444K | ﹤0.01% |
44,540
-37,702
| -46% | -$493K |
|
3622
BlackRock Debt Strategies Fund
DSU
$597M
| $442K | ﹤0.01% |
48,342
+162
| +0.3% | +$1.57K |
|
3623
FlexShares Global Quality Real Estate Index Fund
GQRE
$424M
| $441K | ﹤0.01% |
+7,738
| New | +$490K |
|
|
MVT
3624
DELISTED
BlackRock MuniVest Fund II
MVT
| $441K | ﹤0.01% |
38,789
+25,248
| +186% | +$303K |
|
3625
Napco Security Technologies
NSSC
$1.48B
| $440K | ﹤0.01% |
21,361
-39,157
| -65% | -$737K |
|
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.