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 | |
|---|---|---|---|---|---|---|
351
Watsco Inc
WSO
$12.7B
| $127M | 0.04% |
532,869
+148,637
| +39% | +$39.1M |
|
352
Akamai
AKAM
$16.7B
| $127M | 0.04% |
1,390,550
-166,775
| -11% | -$17.4M |
|
353
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$10.4B
| $127M | 0.04% |
4,268,640
+2,061,937
| +93% | +$61.6M |
|
354
First Trust Industrials/Producer Durables AlphaDEX Fund
FXR
$728M
| $126M | 0.04% |
2,623,101
-222,332
| -8% | -$11.7M |
|
355
PUT
iShares TIPS Bond ETF
TIP
$14.6B
| $126M | 0.04% |
+1,106,200
| New | +$131M |
|
356
First Trust Dorsey Wright Focus 5 ETF
FV
$3.61B
| $125M | 0.04% |
3,008,756
+51,166
| +2% | +$2.37M |
|
357
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.12B
| $124M | 0.04% |
977,006
-151,457
| -13% | -$22.6M |
|
358
Amphenol
APH
$198B
| $124M | 0.04% |
3,846,664
-605,762
| -14% | -$21.1M |
|
359
State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
$3.09B
| $123M | 0.04% |
4,095,146
+1,774,131
| +76% | +$53.9M |
|
360
John Hancock Multifactor Mid Cap ETF
JHMM
$5.92B
| $123M | 0.04% |
2,785,115
+176,740
| +7% | +$8.55M |
|
361
Micron Technology
MU
$930B
| $123M | 0.04% |
2,225,154
-298,099
| -12% | -$20.2M |
|
|
BSCO
362
DELISTED
Invesco BulletShares 2024 Corporate Bond ETF
BSCO
| $122M | 0.04% |
5,877,490
+2,469,783
| +72% | +$51.5M |
|
363
iShares MSCI USA Momentum Factor ETF
MTUM
$25.4B
| $122M | 0.04% |
891,410
-64,927
| -7% | -$9.53M |
|
364
Pool Corp
POOL
$6.75B
| $121M | 0.04% |
345,543
-22,396
| -6% | -$8.88M |
|
365
DexCom
DXCM
$31.5B
| $121M | 0.04% |
1,620,004
-216,408
| -12% | -$19.8M |
|
366
General Motors
GM
$80.4B
| $120M | 0.04% |
3,786,818
-640,849
| -14% | -$24M |
|
367
Travelers Companies
TRV
$78.1B
| $120M | 0.04% |
710,793
-64,569
| -8% | -$11.2M |
|
368
Motorola Solutions
MSI
$72.3B
| $120M | 0.04% |
573,351
-62,529
| -10% | -$13.6M |
|
369
First Trust Energy AlphaDEX Fund
FXN
$388M
| $119M | 0.04% |
8,068,505
+274,514
| +4% | +$4.45M |
|
370
Vanguard Total International Stock ETF
VXUS
$155B
| $118M | 0.04% |
2,283,595
-46,723
| -2% | -$2.59M |
|
371
Regeneron Pharmaceuticals
REGN
$78.5B
| $118M | 0.04% |
199,098
-29,212
| -13% | -$19M |
|
372
ALPS O'Shares U.S. Quality Dividend ETF
OUSA
$748M
| $117M | 0.04% |
2,909,430
-55,645
| -2% | -$2.33M |
|
373
Trane Technologies
TT
$100B
| $117M | 0.04% |
901,693
-261,944
| -23% | -$36.2M |
|
374
Edwards Lifesciences
EW
$49.6B
| $116M | 0.04% |
1,221,565
-146,801
| -11% | -$15.2M |
|
375
Shell
SHEL
$254B
| $116M | 0.04% |
2,218,895
+310,849
| +16% | +$17.5M |
|
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 271 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.