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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.29B |
| 2 |
iShares Core MSCI EAFE ETF
IEFA
|
+$1.37B |
| 3 |
Invesco QQQ Trust
QQQ
|
+$642M |
| 4 |
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
|
+$498M |
| 5 |
Nike
NKE
|
+$221M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Morningstar Mid-Cap ETF
VO
|
+$1.24B |
| 2 |
Clorox
CLX
|
+$326M |
| 3 |
Walmart Inc
WMT
|
+$228M |
| 4 |
iShares Russell Mid-Cap ETF
IWR
|
+$152M |
| 5 |
Microsoft
MSFT
|
+$151M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.61% |
| 2 | Healthcare | 8.1% |
| 3 | Financials | 6.84% |
| 4 | Industrials | 6.48% |
| 5 | Consumer Discretionary | 5.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PCM
3676
PCM Fund
PCM
$70.1M
| $576K | ﹤0.01% |
59,805
+2
| +0% | +$19 |
|
3677
FTAI Infrastructure
FIP
$505M
| $575K | ﹤0.01% |
155,905
+80,342
| +106% | +$261K |
|
3678
Stock Yards Bancorp
SYBT
$2.6B
| $575K | ﹤0.01% |
12,677
+5,880
| +87% | +$275K |
|
3679
VanEck Israel ETF
ISRA
$159M
| $574K | ﹤0.01% |
16,292
+211
| +1% | +$7.45K |
|
|
PWSC
3680
DELISTED
PowerSchool Holdings, Inc.
PWSC
| $573K | ﹤0.01% |
29,942
+19,430
| +185% | +$371K |
|
3681
Elastic
ESTC
$7.81B
| $573K | ﹤0.01% |
8,934
+1,040
| +13% | +$65.2K |
|
3682
Global X MSCI China Consumer Discretionary ETF
CHIQ
$127M
| $572K | ﹤0.01% |
31,707
-37,787
| -54% | -$695K |
|
3683
State Street SPDR Bloomberg International Corporate Bond ETF
IBND
$463M
| $572K | ﹤0.01% |
20,145
+10,565
| +110% | +$300K |
|
3684
Vanguard Ultra-Short Bond ETF
VUSB
$8.92B
| $572K | ﹤0.01% |
+11,629
| New | +$572K |
|
3685
SunCoke Energy
SXC
$797M
| $569K | ﹤0.01% |
72,316
+26,084
| +56% | +$205K |
|
3686
Mercury Insurance
MCY
$6.07B
| $569K | ﹤0.01% |
18,782
+6,547
| +54% | +$200K |
|
3687
Global Net Lease
GNL
$1.95B
| $567K | ﹤0.01% |
55,195
+13,976
| +34% | +$151K |
|
3688
Ligand Pharmaceuticals
LGND
$6.36B
| $567K | ﹤0.01% |
7,863
+3,721
| +90% | +$279K |
|
|
PCN
3689
PIMCO Corporate & Income Strategy Fund
PCN
$885M
| $566K | ﹤0.01% |
43,191
-1,397
| -3% | -$17.8K |
|
3690
Sweetgreen
SG
$642M
| $566K | ﹤0.01% |
44,153
+20,302
| +85% | +$188K |
|
3691
Intapp
INTA
$2.91B
| $566K | ﹤0.01% |
13,506
+9,352
| +225% | +$403K |
|
3692
PUT
Synopsys
SNPS
$79.7B
| $566K | ﹤0.01% |
+1,300
| New | +$524K |
|
3693
Gladstone Capital
GLAD
$446M
| $566K | ﹤0.01% |
28,972
+20,819
| +255% | +$395K |
|
3694
PIMCO Corporate & Income Opportunity Fund
PTY
$2.51B
| $565K | ﹤0.01% |
40,370
-4,605
| -10% | -$59.7K |
|
3695
Warby Parker
WRBY
$3.27B
| $563K | ﹤0.01% |
48,185
+29,692
| +161% | +$338K |
|
|
ARR
3696
Armour Residential REIT
ARR
$2.36B
| $563K | ﹤0.01% |
21,136
+9,929
| +89% | +$253K |
|
3697
Tompkins Financial
TMP
$1.42B
| $563K | ﹤0.01% |
10,110
+1,775
| +21% | +$102K |
|
3698
Opko Health
OPK
$1.02B
| $563K | ﹤0.01% |
259,380
+84,107
| +48% | +$132K |
|
3699
Invesco Zacks Multi-Asset Income ETF
CVY
$124M
| $563K | ﹤0.01% |
26,266
+6,601
| +34% | +$139K |
|
3700
LXP Industrial Trust 6.5% Series C Preferred Stock
LXP.PRC
$95.1M
| $561K | ﹤0.01% |
11,306
+1
| +0% | +$48 |
|
Similar funds
Wells Fargo's Q2 2023 Portfolio in Review
As of Q2 2023, Wells Fargo held 7,830 positions worth $362B, up 4.4% from $347B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Wells Fargo's Q2 2023 filing shows 390 new, 3,910 increased, 2,322 reduced and 274 closed positions. Its largest new stake was State Street SPDR US Large Cap Low Volatility Index ETF: 257,436 shares worth $36.2M. The largest sale was Vanguard Morningstar Mid-Cap ETF, an estimated $1.24B.
By sector, the portfolio is most concentrated in Technology at 15% of assets, up from 14% a quarter earlier, followed by Healthcare and Financials.
- Wells Fargo's largest Q2 2023 buy was State Street SPDR US Large Cap Low Volatility Index ETF: 257,436 shares worth $36.2M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q2 2023, an estimated $3.29B increase.
- Wells Fargo's biggest Q2 2023 reduction was Vanguard Morningstar Mid-Cap ETF, cutting an estimated $1.24B.
- Wells Fargo fully exited ABB Ltd in Q2 2023, selling an estimated $67.4M.
- Wells Fargo's ten largest holdings make up 18% of its $362B portfolio in Q2 2023.
- Wells Fargo opened 390 new positions and closed 274 in Q2 2023.
- Wells Fargo's portfolio value rose 4.4% quarter-over-quarter to $362B.
Based on Wells Fargo's 13F filing for Q2 2023, filed 15 Aug 2023.