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 |
Invesco QQQ Trust
QQQ
|
+$503M |
| 2 |
Chevron
CVX
|
+$472M |
| 3 |
Vanguard Long-Term Bond ETF
BLV
|
+$374M |
| 4 |
EOG Resources
EOG
|
+$354M |
| 5 |
ARK Innovation ETF
ARKK
|
+$253M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$5.2B |
| 2 |
M&T Bank
MTB
|
+$313M |
| 3 |
iShares Core 60/40 Balanced Allocation ETF
AOR
|
+$304M |
| 4 |
Apple
AAPL
|
+$197M |
| 5 |
iShares Core 80/20 Aggressive Allocation ETF
AOA
|
+$194M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.55% |
| 2 | Healthcare | 8.23% |
| 3 | Financials | 6.88% |
| 4 | Industrials | 6.54% |
| 5 | Consumer Discretionary | 5.29% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3726
PRA Group
PRAA
$706M
| $463K | ﹤0.01% |
11,875
+7,530
| +173% | +$296K |
|
3727
State Street Global Allocation ETF
GAL
$315M
| $462K | ﹤0.01% |
11,829
-44,496
| -79% | -$1.72M |
|
3728
PUT
Yum! Brands
YUM
$39.5B
| $462K | ﹤0.01% |
3,500
-50,000
| -93% | -$6.43M |
|
3729
Upwork
UPWK
$1.03B
| $461K | ﹤0.01% |
40,747
+23,701
| +139% | +$282K |
|
|
INFN
3730
DELISTED
Infinera Corporation Common Stock
INFN
| $460K | ﹤0.01% |
59,318
+39,369
| +197% | +$286K |
|
3731
Enerpac Tool Group
EPAC
$1.91B
| $460K | ﹤0.01% |
18,024
+12,220
| +211% | +$322K |
|
3732
Liberty Broadband Class A
LBRDA
$5.33B
| $459K | ﹤0.01% |
5,589
-13,106
| -70% | -$1.13M |
|
3733
Elastic
ESTC
$7.94B
| $457K | ﹤0.01% |
7,894
-37,669
| -83% | -$2.15M |
|
3734
Maravai LifeSciences
MRVI
$866M
| $456K | ﹤0.01% |
32,566
+188
| +0.6% | +$2.7K |
|
|
AZEK
3735
DELISTED
The AZEK Co
AZEK
| $456K | ﹤0.01% |
19,369
+6,234
| +47% | +$148K |
|
|
NXDT
3736
NexPoint Diversified Real Estate Trust
NXDT
$243M
| $455K | ﹤0.01% |
43,848
+8,547
| +24% | +$101K |
|
3737
Invesco Dorsey Wright Utilities Momentum ETF
PUI
$54.7M
| $453K | ﹤0.01% |
13,631
-4,565
| -25% | -$152K |
|
|
ZEUS
3738
DELISTED
Olympic Steel
ZEUS
| $453K | ﹤0.01% |
8,666
+4,514
| +109% | +$209K |
|
3739
MillerKnoll
MLKN
$1.62B
| $452K | ﹤0.01% |
22,108
+16,291
| +280% | +$366K |
|
3740
Symbotic
SYM
$5.41B
| $452K | ﹤0.01% |
19,777
+859
| +5% | +$14.4K |
|
3741
Vishay Precision Group
VPG
$894M
| $450K | ﹤0.01% |
10,787
+2,959
| +38% | +$125K |
|
3742
Cushman & Wakefield Ltd
CWK
$3.23B
| $450K | ﹤0.01% |
42,658
+32,296
| +312% | +$415K |
|
3743
Nano X Imaging
NNOX
$77.3M
| $449K | ﹤0.01% |
77,803
+7,642
| +11% | +$58.4K |
|
3744
Leonardo DRS
DRS
$11.9B
| $449K | ﹤0.01% |
34,584
+11
| +0% | +$142 |
|
3745
Bank of Marin Bancorp
BMRC
$461M
| $449K | ﹤0.01% |
20,491
+3,193
| +18% | +$92.2K |
|
3746
Invesco BulletShares 2031 Municipal Bond ETF
BSMV
$188M
| $448K | ﹤0.01% |
20,934
+6,315
| +43% | +$134K |
|
|
SABRP
3747
DELISTED
Sabre Corporation 6.50% Series A Mandatory Convertible Preferred Stock
SABRP
| $447K | ﹤0.01% |
7,136
+100
| +1% | +$7.99K |
|
3748
First Trust Germany AlphaDEX Fund
FGM
$98.2M
| $447K | ﹤0.01% |
11,692
+375
| +3% | +$14.5K |
|
3749
JPMorgan US Value Factor ETF
JVAL
$863M
| $445K | ﹤0.01% |
13,076
-104
| -0.8% | -$3.57K |
|
|
NEWR
3750
DELISTED
New Relic, Inc.
NEWR
| $445K | ﹤0.01% |
5,908
+1,268
| +27% | +$85.6K |
|
Similar funds
Wells Fargo's Q1 2023 Portfolio in Review
As of Q1 2023, Wells Fargo held 7,943 positions worth $347B, up 4.2% from $333B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Wells Fargo's Q1 2023 filing shows 427 new, 3,865 increased, 2,015 reduced and 474 closed positions. Its largest new stake was GE HealthCare: 686,371 shares worth $56.3M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $5.2B.
By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 12% a quarter earlier, followed by Healthcare and Financials.
- Wells Fargo's largest Q1 2023 buy was GE HealthCare: 686,371 shares worth $56.3M.
- Wells Fargo added most to Invesco QQQ Trust in Q1 2023, an estimated $503M increase.
- Wells Fargo's biggest Q1 2023 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $5.2B.
- Wells Fargo fully exited STORE Capital Corporation in Q1 2023, selling an estimated $25.9M.
- Wells Fargo's ten largest holdings make up 17% of its $347B portfolio in Q1 2023.
- Wells Fargo opened 427 new positions and closed 474 in Q1 2023.
- Wells Fargo's portfolio value rose 4.2% quarter-over-quarter to $347B.
Based on Wells Fargo's 13F filing for Q1 2023, filed 12 May 2023.