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 | |
|---|---|---|---|---|---|---|
351
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
$18.6B
| $162M | 0.04% |
3,146,145
+339,754
| +12% | +$17.5M |
|
352
Cadence Design Systems
CDNS
$93.4B
| $162M | 0.04% |
520,553
+17,879
| +4% | +$5.29M |
|
353
State Street Utilities Select Sector SPDR ETF
XLU
$22.4B
| $161M | 0.04% |
4,903,314
-6,446,098
| -57% | -$201M |
|
354
Workday
WDAY
$41.4B
| $161M | 0.04% |
589,532
-22,550
| -4% | -$6.42M |
|
355
W.R. Berkley
WRB
$26.7B
| $160M | 0.04% |
2,717,361
+21,508
| +0.8% | +$1.16M |
|
356
Lennar Class A
LEN
$20.5B
| $160M | 0.04% |
958,858
+120,591
| +14% | +$18.1M |
|
357
Super Micro Computer
SMCI
$19.5B
| $159M | 0.04% |
1,578,550
-110,180
| -7% | -$8.07M |
|
358
iShares S&P Small-Cap 600 Growth ETF
IJT
$8.42B
| $158M | 0.04% |
1,209,103
+4,102
| +0.3% | +$512K |
|
359
Enbridge
ENB
$113B
| $158M | 0.04% |
4,353,938
+123,348
| +3% | +$4.38M |
|
360
Marriott International
MAR
$93.4B
| $157M | 0.04% |
623,881
-36,950
| -6% | -$8.95M |
|
361
Atmos Energy
ATO
$28.7B
| $157M | 0.04% |
1,320,641
+129,104
| +11% | +$14.8M |
|
362
Valero Energy
VLO
$86.9B
| $156M | 0.04% |
913,397
-82,258
| -8% | -$11.8M |
|
363
Charles River Laboratories
CRL
$12.4B
| $154M | 0.04% |
569,415
+23,890
| +4% | +$5.71M |
|
364
iShares Russell 2000 Value ETF
IWN
$14.5B
| $153M | 0.04% |
962,793
-206,118
| -18% | -$31.2M |
|
365
Vanguard Intermediate-Term Treasury ETF
VGIT
$41.6B
| $153M | 0.04% |
2,604,905
+166,274
| +7% | +$9.76M |
|
366
Gartner
IT
$11.6B
| $152M | 0.04% |
319,241
-8,470
| -3% | -$3.9M |
|
367
Cognizant
CTSH
$25.3B
| $152M | 0.04% |
2,073,086
-94,745
| -4% | -$7.24M |
|
368
Toronto Dominion Bank
TD
$200B
| $152M | 0.04% |
2,509,557
-44,022
| -2% | -$2.66M |
|
369
Vanguard Extended Market ETF
VXF
$31.3B
| $151M | 0.04% |
863,493
+54,000
| +7% | +$8.97M |
|
370
PUT
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.9B
| $150M | 0.04% |
1,375,000
+295,000
| +27% | +$32.1M |
|
371
CALL
iShares MSCI EAFE ETF
EFA
$79.4B
| $150M | 0.04% |
1,873,400
-601,500
| -24% | -$46M |
|
372
Crown Castle
CCI
$33.2B
| $150M | 0.04% |
1,413,623
-29,553
| -2% | -$3.21M |
|
373
CSX Corp
CSX
$94.8B
| $148M | 0.04% |
3,996,663
+356,271
| +10% | +$13M |
|
374
PACCAR
PCAR
$70B
| $148M | 0.04% |
1,195,052
+115,144
| +11% | +$12.4M |
|
375
iShares S&P 100 ETF
OEF
$20.4B
| $147M | 0.04% |
592,464
-51,483
| -8% | -$12.1M |
|
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.