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 | |
|---|---|---|---|---|---|---|
3776
Cadre Holdings
CDRE
$1.46B
| $424K | ﹤0.01% |
+19,674
| New | +$425K |
|
3777
Tronox
TROX
$1.02B
| $423K | ﹤0.01% |
29,414
+22,657
| +335% | +$349K |
|
3778
Sonic Automotive
SAH
$2.55B
| $423K | ﹤0.01% |
7,781
-5,141
| -40% | -$277K |
|
3779
Monro
MNRO
$365M
| $422K | ﹤0.01% |
8,537
+6,683
| +360% | +$332K |
|
|
ADAM
3780
Adamas Trust
ADAM
$919M
| $422K | ﹤0.01% |
42,360
+27,378
| +183% | +$297K |
|
|
NBO
3781
DELISTED
Neuberger Berman New York Municipal Fund Inc.
NBO
| $421K | ﹤0.01% |
43,804
-15,195
| -26% | -$147K |
|
|
EVG
3782
Eaton Vance Short Duration Diversified Income Fund
EVG
$144M
| $421K | ﹤0.01% |
40,250
+1,646
| +4% | +$17.3K |
|
|
JSD
3783
DELISTED
NUVEEN SHORT DURATION CREDIT OPPORTUNITIES FUND
JSD
| $420K | ﹤0.01% |
35,789
-1,001
| -3% | -$12.1K |
|
3784
Commercial Vehicle Group
CVGI
$135M
| $420K | ﹤0.01% |
57,485
+1,161
| +2% | +$8.8K |
|
3785
Affirm
AFRM
$25.7B
| $419K | ﹤0.01% |
37,211
-31,954
| -46% | -$403K |
|
3786
Portillo's
PTLO
$327M
| $419K | ﹤0.01% |
19,605
+4,260
| +28% | +$89.5K |
|
3787
Seaboard Corp
SEB
$3.99B
| $418K | ﹤0.01% |
111
+11
| +11% | +$42.6K |
|
3788
Coupang
CPNG
$29.7B
| $418K | ﹤0.01% |
26,114
-827
| -3% | -$12.8K |
|
3789
Invesco S&P 500 GARP ETF
SPGP
$2.31B
| $418K | ﹤0.01% |
4,896
+284
| +6% | +$24.6K |
|
|
CEN
3790
DELISTED
Center Coast Brookfield MLP & Energy Infrastructure Fund
CEN
| $417K | ﹤0.01% |
21,656
-320
| -1% | -$5.79K |
|
3791
Clear Channel Outdoor Holdings
CCO
$1.23B
| $417K | ﹤0.01% |
347,328
-19,578
| -5% | -$28.9K |
|
|
BBT
3792
Beacon Financial Corp
BBT
$2.66B
| $417K | ﹤0.01% |
16,625
+7,239
| +77% | +$207K |
|
|
DFP
3793
Flaherty & Crumrine Dynamic Preferred and Income Fund
DFP
$427M
| $416K | ﹤0.01% |
22,924
-3,799
| -14% | -$75.1K |
|
3794
Magnite
MGNI
$3.49B
| $416K | ﹤0.01% |
44,949
+28,855
| +179% | +$307K |
|
|
TPZ
3795
Tortoise Electrification Infrastructure ETF
TPZ
$126M
| $416K | ﹤0.01% |
32,340
-77
| -0.2% | -$1.01K |
|
|
TBI
3796
Trueblue
TBI
$310M
| $416K | ﹤0.01% |
23,346
+1,462
| +7% | +$27.3K |
|
3797
Boston Omaha
BOC
$430M
| $415K | ﹤0.01% |
17,541
+4,178
| +31% | +$104K |
|
3798
SunCoke Energy
SXC
$786M
| $415K | ﹤0.01% |
46,232
+20,895
| +82% | +$191K |
|
3799
Invesco Zacks Multi-Asset Income ETF
CVY
$124M
| $415K | ﹤0.01% |
19,665
+2,009
| +11% | +$44.4K |
|
3800
PUT
Target
TGT
$69.2B
| $414K | ﹤0.01% |
+2,500
| New | +$411K |
|
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.