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 | |
|---|---|---|---|---|---|---|
|
WIA
3826
Western Asset Inflation-Linked Income Fund
WIA
$187M
| $394K | ﹤0.01% |
45,495
-37,243
| -45% | -$327K |
|
|
ONL
3827
Orion Office REIT
ONL
$158M
| $393K | ﹤0.01% |
58,598
-11,594
| -17% | -$94.2K |
|
|
NUVL
3828
DELISTED
Nuvalent
NUVL
| $392K | ﹤0.01% |
+15,023
| New | +$444K |
|
3829
Gibraltar Industries
ROCK
$1.48B
| $391K | ﹤0.01% |
8,056
+6,447
| +401% | +$330K |
|
3830
State Street SPDR S&P 500 ESG ETF
EFIV
$1.03B
| $389K | ﹤0.01% |
9,856
| – | – |
|
3831
Mercury Insurance
MCY
$5.86B
| $388K | ﹤0.01% |
12,235
+5,109
| +72% | +$174K |
|
3832
LCNB Corp
LCNB
$282M
| $388K | ﹤0.01% |
23,741
+13,687
| +136% | +$244K |
|
3833
Invesco CurrencyShares Australian Dollar Trust
FXA
$97.8M
| $388K | ﹤0.01% |
5,857
-1,001
| -15% | -$67.7K |
|
|
MNK
3834
DELISTED
Mallinckrodt plc
MNK
| $387K | ﹤0.01% |
53,134
-156,025
| -75% | -$1.25M |
|
|
CSA
3835
DELISTED
VictoryShares US Small Cap Volatility Wtd ETF
CSA
| $386K | ﹤0.01% |
6,508
| – | – |
|
|
RTL
3836
DELISTED
The Necessity Retail REIT, Inc. Class A Common Stock
RTL
| $385K | ﹤0.01% |
61,326
+18,513
| +43% | +$120K |
|
3837
Horizon Technology Finance
HRZN
$328M
| $385K | ﹤0.01% |
34,107
+21,103
| +162% | +$252K |
|
3838
TPG
TPG
$8.12B
| $383K | ﹤0.01% |
13,073
+5,700
| +77% | +$179K |
|
3839
PUT
McCormick & Company Non-Voting
MKC
$14.2B
| $383K | ﹤0.01% |
4,600
| – | – |
|
3840
NovaGold Resources
NG
$3.37B
| $381K | ﹤0.01% |
61,327
+45,174
| +280% | +$275K |
|
3841
U-Haul Holding Co
UHAL
$14.3B
| $381K | ﹤0.01% |
6,390
-368
| -5% | -$23.2K |
|
3842
Remitly
RELY
$4.97B
| $380K | ﹤0.01% |
22,422
+21,181
| +1,707% | +$288K |
|
3843
iShares Convertible Bond ETF
ICVT
$7.44B
| $380K | ﹤0.01% |
5,225
-3,573
| -41% | -$259K |
|
3844
Altimmune
ALT
$583M
| $379K | ﹤0.01% |
89,737
+86,032
| +2,322% | +$1.02M |
|
3845
Invesco International BuyBack Achievers ETF
IPKW
$554M
| $378K | ﹤0.01% |
11,102
-1
| -0% | -$35 |
|
3846
Scholastic
SCHL
$780M
| $378K | ﹤0.01% |
11,055
+1,333
| +14% | +$56.8K |
|
|
PNT
3847
DELISTED
POINT Biopharma Global Inc. Common Stock
PNT
| $378K | ﹤0.01% |
52,030
+45,030
| +643% | +$334K |
|
3848
Safety Insurance
SAFT
$1.52B
| $378K | ﹤0.01% |
5,071
+1,942
| +62% | +$158K |
|
3849
Brighthouse Financial
BHF
$3.38B
| $377K | ﹤0.01% |
8,549
-248
| -3% | -$13K |
|
3850
Trip.com Group
TCOM
$29.1B
| $376K | ﹤0.01% |
9,990
-1,031
| -9% | -$38.3K |
|
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.