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 | |
|---|---|---|---|---|---|---|
3601
Schwab US Aggregate Bond ETF
SCHZ
$10.5B
| $551K | ﹤0.01% |
23,494
+1,198
| +5% | +$27.9K |
|
3602
Invesco Energy Exploration & Production ETF
PXE
$85.5M
| $550K | ﹤0.01% |
20,383
+8,664
| +74% | +$247K |
|
|
SAFE
3603
Safehold
SAFE
$1.08B
| $549K | ﹤0.01% |
18,708
+4,980
| +36% | +$250K |
|
|
VSTO
3604
DELISTED
Vista Outdoor Inc.
VSTO
| $549K | ﹤0.01% |
19,819
+8,519
| +75% | +$233K |
|
|
EVF
3605
Eaton Vance Senior Income Trust
EVF
$91.4M
| $549K | ﹤0.01% |
102,582
-685
| -0.7% | -$3.78K |
|
3606
LXP Industrial Trust 6.5% Series C Preferred Stock
LXP.PRC
$95M
| $549K | ﹤0.01% |
11,305
-198
| -2% | -$9.5K |
|
|
ESTE
3607
DELISTED
Earthstone Energy Inc. Class A Common Stock
ESTE
| $548K | ﹤0.01% |
42,150
-8,288
| -16% | -$111K |
|
3608
Fresenius Medical Care
FMS
$12.7B
| $548K | ﹤0.01% |
25,789
-28,100
| -52% | -$538K |
|
3609
Black Stone Minerals
BSM
$3.02B
| $547K | ﹤0.01% |
34,847
-2,898
| -8% | -$45.4K |
|
|
SRV
3610
NXG Cushing Midstream Energy Fund
SRV
$219M
| $545K | ﹤0.01% |
16,655
+2,812
| +20% | +$97.1K |
|
3611
Equity Bancshares
EQBK
$1.06B
| $545K | ﹤0.01% |
22,382
+2,667
| +14% | +$78.6K |
|
3612
TaskUs
TASK
$633M
| $545K | ﹤0.01% |
37,751
+7,969
| +27% | +$139K |
|
3613
QCR Holdings
QCRH
$1.71B
| $543K | ﹤0.01% |
12,375
+2,551
| +26% | +$127K |
|
|
ZUO
3614
DELISTED
Zuora, Inc.
ZUO
| $543K | ﹤0.01% |
54,986
+29,661
| +117% | +$249K |
|
3615
Alphatec Holdings
ATEC
$1.45B
| $543K | ﹤0.01% |
34,811
+25,614
| +279% | +$362K |
|
|
LUCK
3616
Lucky Strike Entertainment
LUCK
$897M
| $543K | ﹤0.01% |
32,035
+31,574
| +6,849% | +$468K |
|
3617
California Resources
CRC
$4.81B
| $543K | ﹤0.01% |
14,101
+12,907
| +1,081% | +$534K |
|
|
JRO
3618
DELISTED
Nuveen Floating Rate Income Opportunty Fund
JRO
| $542K | ﹤0.01% |
67,598
+2,972
| +5% | +$24.5K |
|
|
WBND
3619
DELISTED
Western Asset Total Return ETF
WBND
| $541K | ﹤0.01% |
26,054
-4,483
| -15% | -$92.3K |
|
3620
NWPX Infrastructure Inc
NWPX
$1.08B
| $540K | ﹤0.01% |
17,285
+1,524
| +10% | +$55K |
|
|
JPT
3621
DELISTED
Nuveen Preferred and Income Fund
JPT
| $539K | ﹤0.01% |
32,653
+4,507
| +16% | +$82.4K |
|
3622
CEVA Inc
CEVA
$859M
| $537K | ﹤0.01% |
17,641
-11,060
| -39% | -$346K |
|
3623
Eagle Bancorp
EGBN
$865M
| $536K | ﹤0.01% |
16,021
+7,093
| +79% | +$303K |
|
3624
Laureate Education
LAUR
$5.05B
| $536K | ﹤0.01% |
45,580
-707
| -2% | -$7.78K |
|
3625
Invesco S&P SmallCap 600 Pure Growth ETF
RZG
$138M
| $534K | ﹤0.01% |
13,548
+99
| +0.7% | +$3.99K |
|
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.