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 | |
|---|---|---|---|---|---|---|
|
XFLT
3676
XAI Floating Rate & Alternative Income Trust
XFLT
$289M
| $403K | ﹤0.01% |
11,540
| – | – |
|
3677
Kura Oncology
KURA
$850M
| $402K | ﹤0.01% |
21,898
-6,572
| -23% | -$94.5K |
|
|
PETQ
3678
DELISTED
PetIQ, Inc. Class A Common Stock
PETQ
| $402K | ﹤0.01% |
23,929
-4,153
| -15% | -$76.2K |
|
3679
OneSpan
OSPN
$618M
| $401K | ﹤0.01% |
33,626
-20,403
| -38% | -$269K |
|
3680
Asana
ASAN
$2.13B
| $400K | ﹤0.01% |
22,740
-41,039
| -64% | -$1.03M |
|
3681
Essential Properties Realty Trust
EPRT
$6.62B
| $396K | ﹤0.01% |
18,413
-85,228
| -82% | -$1.98M |
|
3682
Rocket Lab Corp
RKLB
$51.8B
| $396K | ﹤0.01% |
104,375
+25,369
| +32% | +$149K |
|
3683
JPMorgan BetaBuilders Europe ETF
BBEU
$9.54B
| $395K | ﹤0.01% |
8,579
+2,862
| +50% | +$146K |
|
3684
TriMas Corp
TRS
$1.44B
| $395K | ﹤0.01% |
14,246
-39,082
| -73% | -$1.13M |
|
|
ATCO
3685
DELISTED
Atlas Corp.
ATCO
| $395K | ﹤0.01% |
36,924
-4,134
| -10% | -$51.9K |
|
|
EXAS
3686
PUT
DELISTED
Exact Sciences
EXAS
| $394K | ﹤0.01% |
10,000
| – | – |
|
3687
BlackRock Floating Rate Income Strategies Fund
FRA
$385M
| $392K | ﹤0.01% |
34,436
+1,519
| +5% | +$18.2K |
|
3688
Unisys
UIS
$217M
| $392K | ﹤0.01% |
32,550
-59,641
| -65% | -$841K |
|
3689
McCormick & Company Voting
MKC.V
$14.2B
| $389K | ﹤0.01% |
4,682
-3,001
| -39% | -$284K |
|
3690
MYR Group
MYRG
$5.25B
| $389K | ﹤0.01% |
4,406
-16,471
| -79% | -$1.44M |
|
|
CXE
3691
DELISTED
MFS High Income Municipal Trust
CXE
| $388K | ﹤0.01% |
103,231
-103,017
| -50% | -$407K |
|
3692
MGE Energy Inc
MGEE
$3.08B
| $388K | ﹤0.01% |
4,977
-26,471
| -84% | -$2.11M |
|
3693
Brilliant Earth
BRLT
$21.6M
| $386K | ﹤0.01% |
81,351
+27,465
| +51% | +$172K |
|
3694
Pathward Financial
CASH
$1.8B
| $386K | ﹤0.01% |
9,985
-15,975
| -62% | -$681K |
|
|
THR
3695
DELISTED
Thermon Group Holdings
THR
| $386K | ﹤0.01% |
27,450
-36,824
| -57% | -$568K |
|
3696
SLR Investment Corp
SLRC
$715M
| $384K | ﹤0.01% |
26,273
+14,181
| +117% | +$228K |
|
3697
Twist Bioscience
TWST
$7.25B
| $384K | ﹤0.01% |
10,977
-29,011
| -73% | -$1.03M |
|
|
FEI
3698
DELISTED
FIRST TRUST MLP AND ENERGY INCOME FUND
FEI
| $384K | ﹤0.01% |
50,025
-5,463
| -10% | -$44.5K |
|
3699
Kennametal
KMT
$2.52B
| $383K | ﹤0.01% |
16,502
-67,229
| -80% | -$1.77M |
|
|
3700
PUT
McCormick & Company Non-Voting
MKC
$14.2B
| $383K | ﹤0.01% |
4,600
| – | – |
|
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.