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
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1B |
| 2 |
Microsoft
MSFT
|
+$878M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$748M |
| 4 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$647M |
| 5 |
Amazon
AMZN
|
+$436M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.09% |
| 2 | Healthcare | 9.01% |
| 3 | Financials | 7.29% |
| 4 | Industrials | 6.45% |
| 5 | Consumer Discretionary | 5.37% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
4001
Dimensional US Targeted Value ETF
DFAT
$14.7B
| $225K | ﹤0.01% |
5,594
+135
| +2% | +$5.92K |
|
4002
EVI Industries
EVI
$180M
| $225K | ﹤0.01% |
22,532
+985
| +5% | +$13.1K |
|
4003
Invesco Variable Rate Investment Grade ETF
VRIG
$1.85B
| $225K | ﹤0.01% |
9,138
+9,137
| +913,700% | +$227K |
|
4004
Axos Financial
AX
$5.68B
| $224K | ﹤0.01% |
6,255
-27,751
| -82% | -$1.07M |
|
|
CCC
4005
CCC Intelligent Solutions
CCC
$4.08B
| $224K | ﹤0.01% |
24,389
+24,017
| +6,456% | +$221K |
|
4006
Gladstone Investment Corp
GAIN
$661M
| $224K | ﹤0.01% |
15,907
+4,460
| +39% | +$67.1K |
|
|
MAG
4007
DELISTED
MAG Silver
MAG
| $224K | ﹤0.01% |
18,368
+12,350
| +205% | +$181K |
|
4008
SIGA Technologies
SIGA
$219M
| $224K | ﹤0.01% |
19,287
-74,139
| -79% | -$668K |
|
|
TWKS
4009
DELISTED
Thoughtworks Holding, Inc. Common Stock
TWKS
| $224K | ﹤0.01% |
15,961
-17,663
| -53% | -$306K |
|
|
KSM
4010
DELISTED
DWS Strategic Municipal Income Trust
KSM
| $224K | ﹤0.01% |
24,528
-150
| -0.6% | -$1.42K |
|
4011
iShares Ultra Short Duration Bond Active ETF
ICSH
$8.4B
| $223K | ﹤0.01% |
4,460
-144
| -3% | -$7.21K |
|
4012
AXS Esoterica NextG Economy ETF
WUGI
$32.1M
| $223K | ﹤0.01% |
5,896
+923
| +19% | +$39.3K |
|
|
RCM
4013
DELISTED
R1 RCM Inc. Common Stock
RCM
| $223K | ﹤0.01% |
10,610
-38,372
| -78% | -$870K |
|
4014
BioXcel Therapeutics
BTAI
$27.8M
| $222K | ﹤0.01% |
1,052
+193
| +22% | +$40.6K |
|
4015
Holley
HLLY
$384M
| $222K | ﹤0.01% |
21,176
-52,194
| -71% | -$569K |
|
|
MRCC
4016
DELISTED
Monroe Capital Corp
MRCC
| $222K | ﹤0.01% |
24,544
-14,882
| -38% | -$149K |
|
4017
PUT
Oneok
OKE
$54.5B
| $222K | ﹤0.01% |
+4,000
| New | +$259K |
|
4018
Universal Technical Institute
UTI
$1.59B
| $222K | ﹤0.01% |
31,114
+711
| +2% | +$6.27K |
|
4019
Tidewater
TDW
$4.12B
| $221K | ﹤0.01% |
10,511
+1,737
| +20% | +$40K |
|
|
AMRN
4020
Amarin Corp
AMRN
$303M
| $220K | ﹤0.01% |
7,396
-1,637
| -18% | -$70.6K |
|
|
FMY
4021
First Trust Mortgage Income Fund
FMY
$48.7M
| $220K | ﹤0.01% |
18,892
-301
| -2% | -$3.56K |
|
4022
Newmark Group
NMRK
$2.63B
| $220K | ﹤0.01% |
22,760
-222,700
| -91% | -$2.58M |
|
4023
Agilysys
AGYS
$3.06B
| $219K | ﹤0.01% |
4,627
-16,169
| -78% | -$630K |
|
|
LBC
4024
DELISTED
Luther Burbank Corporation Common Stock
LBC
| $219K | ﹤0.01% |
16,815
-3,330
| -17% | -$44.2K |
|
4025
Dole
DOLE
$1.32B
| $218K | ﹤0.01% |
25,772
+13,480
| +110% | +$148K |
|
Similar funds
Wells Fargo's Q2 2022 Portfolio in Review
As of Q2 2022, Wells Fargo held 8,080 positions worth $323B, down 17% from $390B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Wells Fargo withdrew a net $12.6B in Q2 2022, closing 375 positions and reducing 4,229 holdings. Its most notable exit was People's United Financial Inc, an estimated $250M position sold in full.
By sector, the portfolio is most concentrated in Technology at 13% of assets, down from 15% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Wells Fargo opened a new position in Aspen Technology Inc worth $80.2M.
- Wells Fargo's largest Q2 2022 buy was Aspen Technology Inc: 436,654 shares worth $80.2M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q2 2022, an estimated $2.47B increase.
- Wells Fargo's biggest Q2 2022 reduction was Apple, cutting an estimated $1B.
- Wells Fargo fully exited People's United Financial Inc in Q2 2022, selling an estimated $250M.
- Wells Fargo's ten largest holdings make up 18% of its $323B portfolio in Q2 2022.
- Wells Fargo opened 272 new positions and closed 375 in Q2 2022.
- Wells Fargo's portfolio value fell 17% quarter-over-quarter to $323B.
Based on Wells Fargo's 13F filing for Q2 2022, filed 12 Aug 2022.