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 | |
|---|---|---|---|---|---|---|
3926
KraneShares Bosera MSCI China A 50 Connect Index ETF
KBA
$147M
| $334K | ﹤0.01% |
12,882
+4,694
| +57% | +$127K |
|
|
ITOS
3927
DELISTED
iTeos Therapeutics
ITOS
| $334K | ﹤0.01% |
24,568
+23,855
| +3,346% | +$427K |
|
3928
American Well
AMWL
$221M
| $332K | ﹤0.01% |
7,038
+4,509
| +178% | +$289K |
|
|
KAMN
3929
DELISTED
Kaman Corp
KAMN
| $332K | ﹤0.01% |
14,519
+6,630
| +84% | +$158K |
|
|
GLU
3930
Gabelli Utility & Income Trust
GLU
$116M
| $332K | ﹤0.01% |
22,623
-3,543
| -14% | -$51.6K |
|
|
DX
3931
Dynex Capital
DX
$3.21B
| $331K | ﹤0.01% |
27,308
+6,128
| +29% | +$81.9K |
|
|
GDEN
3932
DELISTED
Golden Entertainment
GDEN
| $331K | ﹤0.01% |
7,599
+3,925
| +107% | +$159K |
|
3933
Peoples Bancorp
PEBO
$1.47B
| $330K | ﹤0.01% |
12,827
+5,740
| +81% | +$165K |
|
|
RADI
3934
DELISTED
Radius Global Infrastructure, Inc. Class A Common Stock
RADI
| $330K | ﹤0.01% |
22,498
+10,657
| +90% | +$144K |
|
3935
Alector
ALEC
$233M
| $330K | ﹤0.01% |
53,307
+53,305
| +2,665,250% | +$434K |
|
3936
FlexShares International Quality Dividend Index Fund
IQDF
$1.17B
| $329K | ﹤0.01% |
14,899
+13,656
| +1,099% | +$299K |
|
3937
Invesco Pennsylvania Value Municipal Income Trust
VPV
$201M
| $329K | ﹤0.01% |
32,734
-2,118
| -6% | -$21.4K |
|
|
JMIA
3938
Jumia Technologies
JMIA
$720M
| $328K | ﹤0.01% |
99,766
+45,427
| +84% | +$163K |
|
3939
Cars.com
CARS
$635M
| $328K | ﹤0.01% |
16,995
+9,405
| +124% | +$160K |
|
3940
Ichor Holdings
ICHR
$2.53B
| $328K | ﹤0.01% |
10,018
+5,082
| +103% | +$163K |
|
|
PENG
3941
Penguin Solutions Inc
PENG
$2.94B
| $328K | ﹤0.01% |
19,016
+9,303
| +96% | +$155K |
|
3942
KRONOS Worldwide
KRO
$963M
| $328K | ﹤0.01% |
35,591
+14,323
| +67% | +$151K |
|
|
BRSL
3943
PUT
Brightstar Lottery PLC
BRSL
$2.07B
| $327K | ﹤0.01% |
+12,200
| New | +$312K |
|
|
DHC
3944
Diversified Healthcare Trust
DHC
$1.98B
| $326K | ﹤0.01% |
241,288
+5,387
| +2% | +$5.57K |
|
3945
Ecovyst
ECVT
$1.11B
| $326K | ﹤0.01% |
29,462
-55,809
| -65% | -$577K |
|
3946
iShares MSCI USA Size Factor ETF
SIZE
$444M
| $325K | ﹤0.01% |
2,761
-362
| -12% | -$43K |
|
3947
Carter Bankshares
CARE
$709M
| $325K | ﹤0.01% |
23,221
+2,849
| +14% | +$45.9K |
|
|
PDM
3948
Piedmont Realty Trust
PDM
$1.17B
| $325K | ﹤0.01% |
44,465
-1,117
| -2% | -$10.3K |
|
3949
Alliance Resource Partners
ARLP
$3.18B
| $324K | ﹤0.01% |
16,085
+664
| +4% | +$13.6K |
|
|
NCV
3950
Virtus Convertible & Income Fund
NCV
$393M
| $323K | ﹤0.01% |
24,000
+2,528
| +12% | +$37K |
|
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.