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 |
Starbucks
SBUX
|
+$853M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$805M |
| 3 |
Zoetis
ZTS
|
+$650M |
| 4 |
iShares Core US Aggregate Bond ETF
AGG
|
+$391M |
| 5 |
iShares Core Universal USD Bond ETF
IUSB
|
+$177M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.03B |
| 2 |
Amazon
AMZN
|
+$772M |
| 3 |
Becton Dickinson
BDX
|
+$486M |
| 4 |
Medtronic
MDT
|
+$440M |
| 5 |
Vanguard Long-Term Bond ETF
BLV
|
+$373M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.37% |
| 2 | Financials | 7.47% |
| 3 | Healthcare | 7.23% |
| 4 | Industrials | 6.4% |
| 5 | Consumer Discretionary | 5.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3601
DoubleVerify
DV
$2.03B
| $639K | ﹤0.01% |
18,174
-5,092
| -22% | -$189K |
|
|
DMC
3602
Del Monte Corp
DMC
$1.43B
| $635K | ﹤0.01% |
24,493
-329
| -1% | -$8.18K |
|
3603
TTM Technologies
TTMI
$13.7B
| $634K | ﹤0.01% |
40,499
+3,239
| +9% | +$48.1K |
|
3604
iShares MSCI Israel ETF
EIS
$888M
| $633K | ﹤0.01% |
9,925
+3,123
| +46% | +$189K |
|
|
BLE
3605
DELISTED
BlackRock Municipal Income Trust II
BLE
| $630K | ﹤0.01% |
58,022
+3,049
| +6% | +$32.7K |
|
|
TEF
3606
DELISTED
Telefonica
TEF
| $629K | ﹤0.01% |
142,534
-38,891
| -21% | -$160K |
|
3607
DNOW Inc
DNOW
$3.01B
| $627K | ﹤0.01% |
41,272
+3,202
| +8% | +$38.7K |
|
3608
Global Net Lease
GNL
$1.95B
| $627K | ﹤0.01% |
80,718
+9,533
| +13% | +$78.2K |
|
3609
PUT
Vanguard Morningstar Mid-Cap ETF
VO
$109B
| $625K | ﹤0.01% |
10,000
| – | – |
|
|
PARAP
3610
DELISTED
Paramount Global 5.75% Series A Mandatory Convertible Preferred Stock
PARAP
| $624K | ﹤0.01% |
45,447
+189
| +0.4% | +$3.01K |
|
3611
Newmark Group
NMRK
$2.52B
| $624K | ﹤0.01% |
56,304
+6,945
| +14% | +$72.6K |
|
3612
Regenxbio
RGNX
$688M
| $624K | ﹤0.01% |
29,635
+3,893
| +15% | +$69.3K |
|
3613
iShares Global Utilities ETF
JXI
$304M
| $624K | ﹤0.01% |
10,570
+903
| +9% | +$51.3K |
|
|
KAMN
3614
DELISTED
Kaman Corp
KAMN
| $623K | ﹤0.01% |
13,593
-379
| -3% | -$15.6K |
|
3615
i3 Verticals
IIIV
$328M
| $621K | ﹤0.01% |
27,147
-54,281
| -67% | -$1.13M |
|
|
TPZ
3616
Tortoise Electrification Infrastructure ETF
TPZ
$125M
| $621K | ﹤0.01% |
39,817
+261
| +0.7% | +$3.79K |
|
3617
ChargePoint
CHPT
$158M
| $620K | ﹤0.01% |
16,305
+1,116
| +7% | +$43.8K |
|
3618
Gladstone Capital
GLAD
$440M
| $617K | ﹤0.01% |
28,755
+575
| +2% | +$12.1K |
|
3619
Virtus Investment Partners
VRTS
$1.11B
| $617K | ﹤0.01% |
2,488
+173
| +7% | +$41K |
|
3620
Smith & Wesson
SWBI
$636M
| $617K | ﹤0.01% |
35,520
+5,531
| +18% | +$79.8K |
|
3621
Keros Therapeutics
KROS
$212M
| $616K | ﹤0.01% |
9,309
+3,363
| +57% | +$199K |
|
3622
Liberty Broadband Class A
LBRDA
$5.17B
| $616K | ﹤0.01% |
10,786
-1,571
| -13% | -$104K |
|
3623
Camping World
CWH
$635M
| $616K | ﹤0.01% |
22,121
-1,390
| -6% | -$35.9K |
|
3624
Rocket Pharmaceuticals
RCKT
$397M
| $615K | ﹤0.01% |
22,840
-2,866
| -11% | -$81.4K |
|
3625
iShares MSCI Intl Quality Factor ETF
IQLT
$14.2B
| $615K | ﹤0.01% |
15,513
+4,267
| +38% | +$163K |
|
Similar funds
Wells Fargo's Q1 2024 Portfolio in Review
As of Q1 2024, Wells Fargo held 7,849 positions worth $415B, up 8.3% from $383B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Wells Fargo's Q1 2024 filing shows 356 new, 3,866 increased, 2,176 reduced and 456 closed positions. Its largest new stake was FT Vest US Equity Buffer ETF July: 970,130 shares worth $43.1M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $1.03B.
By sector, the portfolio is most concentrated in Technology at 14% of assets, down from 14% a quarter earlier, followed by Financials and Healthcare.
- Wells Fargo's largest Q1 2024 buy was FT Vest US Equity Buffer ETF July: 970,130 shares worth $43.1M.
- Wells Fargo added most to Starbucks in Q1 2024, an estimated $853M increase.
- Wells Fargo's biggest Q1 2024 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.03B.
- Wells Fargo fully exited Splunk Inc in Q1 2024, selling an estimated $43.1M.
- Wells Fargo's ten largest holdings make up 19% of its $415B portfolio in Q1 2024.
- Wells Fargo opened 356 new positions and closed 456 in Q1 2024.
- Wells Fargo's portfolio value rose 8.3% quarter-over-quarter to $415B.
Based on Wells Fargo's 13F filing for Q1 2024, filed 10 May 2024.