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
|
+$506M |
| 2 |
Microsoft
MSFT
|
+$336M |
| 3 |
Amazon
AMZN
|
+$287M |
| 4 |
Apple
AAPL
|
+$269M |
| 5 |
Meta Platforms (Facebook)
META
|
+$233M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Air Products & Chemicals
APD
|
+$425M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$334M |
| 3 |
United Parcel Service
UPS
|
+$148M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$128M |
| 5 |
Vanguard Morningstar Mid-Cap ETF
VO
|
+$124M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.28% |
| 2 | Financials | 7.45% |
| 3 | Healthcare | 7.23% |
| 4 | Industrials | 6.23% |
| 5 | Consumer Discretionary | 5.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
351
CALL
iShares 20+ Year Treasury Bond ETF
TLT
$42.1B
| $166M | 0.04% |
1,806,400
+1,076,500
| +147% | +$98.1M |
|
352
State Street SPDR S&P Biotech ETF
XBI
$9.95B
| $165M | 0.04% |
1,782,692
-72,260
| -4% | -$6.48M |
|
353
United Rentals
URI
$67.2B
| $165M | 0.04% |
254,886
+8,899
| +4% | +$5.91M |
|
354
Regeneron Pharmaceuticals
REGN
$78.5B
| $165M | 0.04% |
156,536
+29,818
| +24% | +$28.9M |
|
355
Northrop Grumman
NOC
$77.1B
| $164M | 0.04% |
375,494
-12,931
| -3% | -$5.91M |
|
356
iShares S&P 100 ETF
OEF
$20.1B
| $163M | 0.04% |
617,845
+25,381
| +4% | +$6.35M |
|
357
Regions Financial
RF
$26.4B
| $163M | 0.04% |
8,140,522
+1,555,777
| +24% | +$30.2M |
|
358
Enbridge
ENB
$119B
| $162M | 0.04% |
4,554,602
+200,664
| +5% | +$7.17M |
|
359
Vanguard Intermediate-Term Treasury ETF
VGIT
$41.6B
| $162M | 0.04% |
2,776,778
+171,873
| +7% | +$9.94M |
|
360
Synopsys
SNPS
$74.4B
| $160M | 0.04% |
268,754
+43,455
| +19% | +$24.6M |
|
361
Capital Group Growth ETF
CGGR
$23.8B
| $159M | 0.04% |
4,835,560
+738,877
| +18% | +$23.4M |
|
362
Shopify
SHOP
$152B
| $159M | 0.04% |
2,403,431
+846,116
| +54% | +$56.1M |
|
363
iShares 3-7 Year Treasury Bond ETF
IEI
$18.1B
| $157M | 0.04% |
1,361,858
-160,451
| -11% | -$18.4M |
|
364
Vanguard Mortgage-Backed Securities ETF
VMBS
$15.4B
| $157M | 0.04% |
3,459,431
+1,827,135
| +112% | +$82.2M |
|
365
Nucor
NUE
$58.6B
| $155M | 0.04% |
981,097
-72,097
| -7% | -$12.5M |
|
366
CALL
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$15.9B
| $154M | 0.04% |
2,000,000
-4,488,100
| -69% | -$345M |
|
367
PayPal
PYPL
$48.9B
| $153M | 0.04% |
2,644,635
+160,003
| +6% | +$10.2M |
|
368
Canadian Pacific Kansas City
CP
$78.1B
| $153M | 0.04% |
1,939,214
-200,291
| -9% | -$16.3M |
|
369
Workday
WDAY
$39.6B
| $152M | 0.04% |
679,139
+89,607
| +15% | +$21.6M |
|
370
iShares S&P Small-Cap 600 Growth ETF
IJT
$8.26B
| $152M | 0.04% |
1,181,796
-27,307
| -2% | -$3.49M |
|
371
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
$51.7B
| $151M | 0.04% |
1,886,835
+55,421
| +3% | +$4.14M |
|
372
Vanguard Extended Market ETF
VXF
$30.3B
| $151M | 0.04% |
892,056
+28,563
| +3% | +$4.82M |
|
373
PACCAR
PCAR
$69.8B
| $150M | 0.04% |
1,461,774
+266,722
| +22% | +$29.4M |
|
374
Gartner
IT
$10.1B
| $150M | 0.04% |
334,022
+14,781
| +5% | +$6.58M |
|
375
Lennox International
LII
$14.4B
| $149M | 0.04% |
278,534
+23
| +0% | +$11.3K |
|
Similar funds
Wells Fargo's Q2 2024 Portfolio in Review
As of Q2 2024, Wells Fargo held 7,784 positions worth $412B, down 0.64% from $415B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Wells Fargo's Q2 2024 filing shows 385 new, 3,309 increased, 2,368 reduced and 948 closed positions. Its largest new stake was NextEra Energy 7.299% Corporate Units: 1,487,927 shares worth $73.6M. The largest sale was Air Products & Chemicals, an estimated $425M.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 14% a quarter earlier, followed by Financials and Healthcare.
- Wells Fargo's largest Q2 2024 buy was NextEra Energy 7.299% Corporate Units: 1,487,927 shares worth $73.6M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q2 2024, an estimated $506M increase.
- Wells Fargo's biggest Q2 2024 reduction was Air Products & Chemicals, cutting an estimated $425M.
- Wells Fargo fully exited Pioneer Natural Resource Co. in Q2 2024, selling an estimated $88.9M.
- Wells Fargo's ten largest holdings make up 19% of its $412B portfolio in Q2 2024.
- Wells Fargo opened 385 new positions and closed 948 in Q2 2024.
- Wells Fargo's portfolio value fell 0.64% quarter-over-quarter to $412B.
Based on Wells Fargo's 13F filing for Q2 2024, filed 13 Aug 2024.