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 | |
|---|---|---|---|---|---|---|
376
DuPont de Nemours
DD
$18.5B
| $128M | 0.04% |
1,423,569
+10,426
| +0.7% | +$897K |
|
377
Johnson Controls International
JCI
$88.8B
| $127M | 0.04% |
1,868,499
-284,639
| -13% | -$17.5M |
|
378
New Jersey Resources
NJR
$5.84B
| $125M | 0.03% |
2,658,495
-3,759
| -0.1% | -$189K |
|
379
lululemon athletica
LULU
$13.5B
| $124M | 0.03% |
328,531
-22,619
| -6% | -$8.35M |
|
380
Sempra
SRE
$57.9B
| $124M | 0.03% |
1,699,344
+53,048
| +3% | +$3.98M |
|
381
First Trust Morningstar Dividend Leaders Index Fund
FDL
$7.74B
| $124M | 0.03% |
3,633,193
-1,218,109
| -25% | -$42.2M |
|
382
Invesco DB Commodity Index Tracking Fund
DBC
$1.69B
| $123M | 0.03% |
5,433,961
-1,072,660
| -16% | -$24.9M |
|
383
iShares MSCI EAFE Value ETF
EFV
$28.8B
| $123M | 0.03% |
2,511,016
+93,361
| +4% | +$4.6M |
|
384
Akamai
AKAM
$16.7B
| $122M | 0.03% |
1,362,986
+51,229
| +4% | +$4.39M |
|
385
General Motors
GM
$80.4B
| $122M | 0.03% |
3,171,273
-14,819
| -0.5% | -$512K |
|
386
Vanguard Long-Term Corporate Bond ETF
VCLT
$8.81B
| $122M | 0.03% |
1,551,689
+298,399
| +24% | +$23.3M |
|
387
Enterprise Products Partners
EPD
$82.3B
| $122M | 0.03% |
4,614,068
+48,737
| +1% | +$1.27M |
|
388
United Rentals
URI
$67.2B
| $121M | 0.03% |
271,642
+5,863
| +2% | +$2.17M |
|
389
Rockwell Automation
ROK
$53.4B
| $121M | 0.03% |
366,569
+12,263
| +3% | +$3.54M |
|
390
Cadence Design Systems
CDNS
$93.6B
| $120M | 0.03% |
513,257
+97,501
| +23% | +$21.2M |
|
391
Vanguard Financials ETF
VFH
$13.5B
| $119M | 0.03% |
1,458,788
-99,523
| -6% | -$7.81M |
|
392
Global X US Preferred ETF
PFFD
$2.15B
| $117M | 0.03% |
6,051,688
+242,883
| +4% | +$4.71M |
|
393
iShares Floating Rate Bond ETF
FLOT
$10.2B
| $117M | 0.03% |
2,298,521
-100,193
| -4% | -$5.06M |
|
|
PXD
394
DELISTED
Pioneer Natural Resource Co.
PXD
| $117M | 0.03% |
563,170
-310,226
| -36% | -$65.3M |
|
395
Bentley Systems
BSY
$10.8B
| $116M | 0.03% |
2,147,254
+15,732
| +0.7% | +$734K |
|
396
Equifax
EFX
$20.3B
| $116M | 0.03% |
493,979
-5,293
| -1% | -$1.11M |
|
397
First Trust Industrials/Producer Durables AlphaDEX Fund
FXR
$728M
| $116M | 0.03% |
1,922,652
-189,791
| -9% | -$10.5M |
|
398
Emcor
EME
$35.2B
| $115M | 0.03% |
624,913
-2,181
| -0.3% | -$365K |
|
399
iShares Silver Trust
SLV
$28B
| $115M | 0.03% |
5,514,846
-36,464
| -0.7% | -$811K |
|
400
BP
BP
$116B
| $115M | 0.03% |
3,254,447
+192,122
| +6% | +$7.11M |
|
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, 3,912 increased, 2,324 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.