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
|
+$790M |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$649M |
| 3 |
iShares Core MSCI EAFE ETF
IEFA
|
+$257M |
| 4 |
Amazon
AMZN
|
+$211M |
| 5 |
Vanguard Total Bond Market
BND
|
+$185M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$487M |
| 2 |
Microsoft
MSFT
|
+$287M |
| 3 |
Xtrackers USD High Yield Corporate Bond ETF
HYLB
|
+$162M |
| 4 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$144M |
| 5 |
Donaldson
DCI
|
+$137M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.38% |
| 2 | Healthcare | 7.44% |
| 3 | Financials | 7.25% |
| 4 | Industrials | 6.34% |
| 5 | Consumer Discretionary | 5.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3801
Invesco CurrencyShares Euro Currency Trust
FXE
$341M
| $433K | ﹤0.01% |
4,248
+515
| +14% | +$51.2K |
|
3802
VanEck Low Carbon Energy ETF
SMOG
$134M
| $432K | ﹤0.01% |
3,902
-937
| -19% | -$95.7K |
|
3803
DNOW Inc
DNOW
$3.01B
| $431K | ﹤0.01% |
38,070
+6,325
| +20% | +$69.3K |
|
3804
Apogee Enterprises
APOG
$887M
| $431K | ﹤0.01% |
8,065
+1,282
| +19% | +$59.7K |
|
|
GBAB
3805
Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust
GBAB
$389M
| $430K | ﹤0.01% |
26,539
-2,525
| -9% | -$39.2K |
|
3806
Safety Insurance
SAFT
$1.52B
| $428K | ﹤0.01% |
5,637
+740
| +15% | +$55.9K |
|
|
STEL
3807
DELISTED
Stellar Bancorp
STEL
| $428K | ﹤0.01% |
15,376
+2,877
| +23% | +$69.1K |
|
3808
Driven Brands
DRVN
$2.07B
| $428K | ﹤0.01% |
30,007
-11,311
| -27% | -$141K |
|
3809
OneSpan
OSPN
$603M
| $428K | ﹤0.01% |
39,909
+2,358
| +6% | +$23.2K |
|
|
CHW
3810
Calamos Global Dynamic Income Fund
CHW
$555M
| $427K | ﹤0.01% |
74,004
+20,855
| +39% | +$115K |
|
3811
Trinity Capital Inc.
TRIN
$1.75B
| $427K | ﹤0.01% |
29,387
-13,498
| -31% | -$194K |
|
|
BORR
3812
Borr Drilling
BORR
$1.28B
| $426K | ﹤0.01% |
57,909
+12,364
| +27% | +$81.4K |
|
3813
VanEck Steel ETF
SLX
$176M
| $426K | ﹤0.01% |
5,777
+68
| +1% | +$4.56K |
|
3814
Medifast
MED
$135M
| $425K | ﹤0.01% |
6,323
+3,463
| +121% | +$241K |
|
3815
BlackBerry
BB
$5.18B
| $425K | ﹤0.01% |
119,961
-4,759
| -4% | -$17.9K |
|
3816
Li Auto
LI
$12.6B
| $424K | ﹤0.01% |
11,338
-2,647
| -19% | -$95.5K |
|
3817
PUT
Vanguard High Dividend Yield ETF
VYM
$83.7B
| $424K | ﹤0.01% |
3,800
+100
| +3% | +$10.5K |
|
3818
Weis Markets
WMK
$1.78B
| $424K | ﹤0.01% |
6,631
+1,650
| +33% | +$105K |
|
3819
Alliance Resource Partners
ARLP
$3.19B
| $423K | ﹤0.01% |
19,949
+10,294
| +107% | +$223K |
|
3820
iShares MSCI Intl Quality Factor ETF
IQLT
$14.2B
| $422K | ﹤0.01% |
11,246
+7,196
| +178% | +$251K |
|
3821
Nelnet
NNI
$4.53B
| $421K | ﹤0.01% |
4,767
+163
| +4% | +$14.1K |
|
3822
Cerence
CRNC
$403M
| $420K | ﹤0.01% |
21,344
-27,778
| -57% | -$483K |
|
3823
Hims & Hers Health
HIMS
$7.35B
| $419K | ﹤0.01% |
47,024
+17,822
| +61% | +$132K |
|
3824
Royalty Pharma
RPRX
$25.8B
| $418K | ﹤0.01% |
14,892
+311
| +2% | +$8.55K |
|
3825
Invesco Global Clean Energy ETF
PBD
$191M
| $418K | ﹤0.01% |
26,188
-115,113
| -81% | -$1.68M |
|
Similar funds
Wells Fargo's Q4 2023 Portfolio in Review
As of Q4 2023, Wells Fargo held 7,882 positions worth $383B, up 12% from $341B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Wells Fargo's Q4 2023 filing shows 408 new, 3,686 increased, 2,463 reduced and 394 closed positions. Its largest new stake was FT Vest US Equity Buffer ETF April: 1,231,825 shares worth $43.1M. The largest sale was Invesco QQQ Trust, an estimated $487M.
By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 14% a quarter earlier, followed by Healthcare and Financials.
- Wells Fargo's largest Q4 2023 buy was FT Vest US Equity Buffer ETF April: 1,231,825 shares worth $43.1M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q4 2023, an estimated $790M increase.
- Wells Fargo's biggest Q4 2023 reduction was Invesco QQQ Trust, cutting an estimated $487M.
- Wells Fargo fully exited Activision Blizzard in Q4 2023, selling an estimated $65.2M.
- Wells Fargo's ten largest holdings make up 18% of its $383B portfolio in Q4 2023.
- Wells Fargo opened 408 new positions and closed 394 in Q4 2023.
- Wells Fargo's portfolio value rose 12% quarter-over-quarter to $383B.
Based on Wells Fargo's 13F filing for Q4 2023, filed 9 Feb 2024.