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
|
+$3.29B |
| 2 |
iShares Core MSCI EAFE ETF
IEFA
|
+$1.37B |
| 3 |
Invesco QQQ Trust
QQQ
|
+$642M |
| 4 |
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
|
+$498M |
| 5 |
Nike
NKE
|
+$221M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Morningstar Mid-Cap ETF
VO
|
+$1.24B |
| 2 |
Clorox
CLX
|
+$326M |
| 3 |
Walmart Inc
WMT
|
+$228M |
| 4 |
iShares Russell Mid-Cap ETF
IWR
|
+$152M |
| 5 |
Microsoft
MSFT
|
+$151M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.61% |
| 2 | Healthcare | 8.1% |
| 3 | Financials | 6.84% |
| 4 | Industrials | 6.48% |
| 5 | Consumer Discretionary | 5.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3826
Cytek Biosciences
CTKB
$546M
| $469K | ﹤0.01% |
54,885
+32,800
| +149% | +$294K |
|
3827
JPMorgan US Value Factor ETF
JVAL
$865M
| $467K | ﹤0.01% |
13,076
| – | – |
|
3828
iShares Currency Hedged MSCI Japan ETF
HEWJ
$747M
| $466K | ﹤0.01% |
13,857
+12,021
| +655% | +$372K |
|
3829
State Street Global Allocation ETF
GAL
$315M
| $465K | ﹤0.01% |
11,630
-199
| -2% | -$7.85K |
|
3830
Navitas Semiconductor
NVTS
$3.63B
| $465K | ﹤0.01% |
44,115
+32,325
| +274% | +$250K |
|
|
LUCK
3831
Lucky Strike Entertainment
LUCK
$911M
| $465K | ﹤0.01% |
39,914
+7,879
| +25% | +$105K |
|
3832
iShares MSCI Turkey ETF
TUR
$217M
| $464K | ﹤0.01% |
16,430
-69,588
| -81% | -$2.15M |
|
3833
Kiniksa Pharmaceuticals
KNSA
$5.93B
| $464K | ﹤0.01% |
32,953
+3,071
| +10% | +$41.1K |
|
3834
Union Bankshares
UNB
$109M
| $463K | ﹤0.01% |
19,899
-23
| -0.1% | -$504 |
|
3835
PC Connection
CNXN
$2.12B
| $463K | ﹤0.01% |
10,257
+2,314
| +29% | +$101K |
|
|
NWLI
3836
DELISTED
National Western Life Group, Inc. Class A
NWLI
| $462K | ﹤0.01% |
1,112
+339
| +44% | +$108K |
|
3837
PUT
Vanguard FTSE Developed Markets ETF
VEA
$237B
| $462K | ﹤0.01% |
+10,000
| New | +$460K |
|
3838
iShares MSCI Sweden ETF
EWD
$595M
| $462K | ﹤0.01% |
13,035
-1,873
| -13% | -$66.9K |
|
|
VBTX
3839
DELISTED
Veritex Holdings
VBTX
| $462K | ﹤0.01% |
25,747
+6,225
| +32% | +$111K |
|
|
BBT
3840
Beacon Financial Corp
BBT
$2.66B
| $461K | ﹤0.01% |
22,234
+5,609
| +34% | +$121K |
|
3841
VanEck Pharmaceutical ETF
PPH
$988M
| $460K | ﹤0.01% |
5,840
+1,162
| +25% | +$91K |
|
|
PGRE
3842
DELISTED
Paramount Group
PGRE
| $460K | ﹤0.01% |
103,815
-6,174
| -6% | -$27.5K |
|
|
CHCT
3843
Community Healthcare Trust
CHCT
$454M
| $460K | ﹤0.01% |
13,919
+4,638
| +50% | +$161K |
|
3844
PUT
Intuit
INTU
$89B
| $458K | ﹤0.01% |
+1,000
| New | +$438K |
|
3845
Microvision
MVIS
$78.9M
| $458K | ﹤0.01% |
6,662
+4,056
| +156% | +$213K |
|
3846
Janus International
JBI
$757M
| $458K | ﹤0.01% |
42,927
+19,783
| +85% | +$185K |
|
3847
Goldman Sachs Equal Weight US Large Cap Equity ETF
GSEW
$2.04B
| $456K | ﹤0.01% |
7,295
-3,624
| -33% | -$217K |
|
3848
SI-BONE Inc
SIBN
$834M
| $455K | ﹤0.01% |
16,876
+7,907
| +88% | +$193K |
|
3849
Quanterix
QTRX
$190M
| $454K | ﹤0.01% |
20,145
+7,621
| +61% | +$136K |
|
3850
CAVA Group
CAVA
$7.27B
| $454K | ﹤0.01% |
+11,076
| New | +$456K |
|
Similar funds
Wells Fargo's Q2 2023 Portfolio in Review
As of Q2 2023, Wells Fargo held 7,830 positions worth $362B, up 4.4% from $347B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Wells Fargo's Q2 2023 filing shows 390 new, 3,910 increased, 2,322 reduced and 274 closed positions. Its largest new stake was State Street SPDR US Large Cap Low Volatility Index ETF: 257,436 shares worth $36.2M. The largest sale was Vanguard Morningstar Mid-Cap ETF, an estimated $1.24B.
By sector, the portfolio is most concentrated in Technology at 15% of assets, up from 14% a quarter earlier, followed by Healthcare and Financials.
- Wells Fargo's largest Q2 2023 buy was State Street SPDR US Large Cap Low Volatility Index ETF: 257,436 shares worth $36.2M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q2 2023, an estimated $3.29B increase.
- Wells Fargo's biggest Q2 2023 reduction was Vanguard Morningstar Mid-Cap ETF, cutting an estimated $1.24B.
- Wells Fargo fully exited ABB Ltd in Q2 2023, selling an estimated $67.4M.
- Wells Fargo's ten largest holdings make up 18% of its $362B portfolio in Q2 2023.
- Wells Fargo opened 390 new positions and closed 274 in Q2 2023.
- Wells Fargo's portfolio value rose 4.4% quarter-over-quarter to $362B.
Based on Wells Fargo's 13F filing for Q2 2023, filed 15 Aug 2023.