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 | |
|---|---|---|---|---|---|---|
3801
HNI Corp
HNI
$3.57B
| $414K | ﹤0.01% |
14,863
+6,171
| +71% | +$183K |
|
3802
Nelnet
NNI
$4.48B
| $414K | ﹤0.01% |
4,502
+1,746
| +63% | +$162K |
|
|
FFIC
3803
DELISTED
Flushing Financial
FFIC
| $411K | ﹤0.01% |
27,629
+5,991
| +28% | +$110K |
|
3804
Kinross Gold
KGC
$32.3B
| $411K | ﹤0.01% |
87,207
+8,005
| +10% | +$33.9K |
|
3805
Allegiant Air
ALGT
$2.37B
| $409K | ﹤0.01% |
4,446
+3,160
| +246% | +$284K |
|
3806
PUT
CVS Health
CVS
$120B
| $409K | ﹤0.01% |
5,500
+3,600
| +189% | +$302K |
|
3807
EVI Industries
EVI
$187M
| $408K | ﹤0.01% |
20,619
| – | – |
|
|
QQQN
3808
DELISTED
VictoryShares Nasdaq Next 50 ETF
QQQN
| $407K | ﹤0.01% |
15,848
+27
| +0.2% | +$687 |
|
3809
IDEAYA Biosciences
IDYA
$3.55B
| $407K | ﹤0.01% |
29,608
+29,091
| +5,627% | +$485K |
|
3810
WisdomTree Trust WisdomTree Interest Rate Hedged High Yield Bond Fund
HYZD
$260M
| $405K | ﹤0.01% |
19,509
-1,803
| -8% | -$37.6K |
|
3811
WisdomTree US Value Fund
WTV
$3.36B
| $405K | ﹤0.01% |
6,901
+5,387
| +356% | +$324K |
|
3812
Digital Turbine
APPS
$1.58B
| $404K | ﹤0.01% |
32,684
+18,272
| +127% | +$246K |
|
3813
BRC Inc
BRCC
$212M
| $404K | ﹤0.01% |
78,547
+5,934
| +8% | +$37.2K |
|
3814
BRC Group Holdings
RILY
$292M
| $403K | ﹤0.01% |
14,206
+6,213
| +78% | +$235K |
|
3815
Pathward Financial
CASH
$1.82B
| $403K | ﹤0.01% |
9,720
+5,867
| +152% | +$276K |
|
3816
Reading International Class A
RDI
$33.2M
| $403K | ﹤0.01% |
124,034
+26,587
| +27% | +$90.8K |
|
|
BDN
3817
Brandywine Realty Trust
BDN
$534M
| $402K | ﹤0.01% |
84,961
-2,287
| -3% | -$13.4K |
|
3818
State Street Income Allocation ETF
INKM
$75.2M
| $400K | ﹤0.01% |
13,197
-200,133
| -94% | -$6.11M |
|
|
MRSN
3819
DELISTED
Mersana Therapeutics
MRSN
| $400K | ﹤0.01% |
+3,891
| New | +$546K |
|
3820
Chefs' Warehouse
CHEF
$4.46B
| $400K | ﹤0.01% |
11,738
+5,069
| +76% | +$178K |
|
3821
Unitil
UTL
$981M
| $399K | ﹤0.01% |
6,992
+3,752
| +116% | +$200K |
|
|
AVDX
3822
DELISTED
AvidXchange
AVDX
| $396K | ﹤0.01% |
50,793
+30,032
| +145% | +$289K |
|
3823
NerdWallet
NRDS
$625M
| $396K | ﹤0.01% |
24,481
+22,764
| +1,326% | +$343K |
|
3824
BlackRock MuniYield Pennsylvania Quality Fund
MPA
$144M
| $396K | ﹤0.01% |
33,713
+1,596
| +5% | +$18.3K |
|
3825
Medifast
MED
$130M
| $396K | ﹤0.01% |
3,817
+1,484
| +64% | +$164K |
|
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.