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 | |
|---|---|---|---|---|---|---|
4026
JPMorgan BetaBuilders Canada ETF
BBCA
$11.3B
| $286K | ﹤0.01% |
4,809
-864
| -15% | -$51.7K |
|
4027
Adeia
ADEA
$3.06B
| $286K | ﹤0.01% |
32,297
+19,397
| +150% | +$194K |
|
|
ALLK
4028
DELISTED
Allakos
ALLK
| $285K | ﹤0.01% |
64,049
+62,254
| +3,468% | +$398K |
|
4029
Nuveen Minnesota Quality Municipal Income Fund
NMS
$73.9M
| $285K | ﹤0.01% |
23,550
-1,363
| -5% | -$16.3K |
|
4030
Coursera
COUR
$1.5B
| $285K | ﹤0.01% |
24,707
+21,852
| +765% | +$283K |
|
4031
Donnelley Financial Solutions
DFIN
$1.16B
| $285K | ﹤0.01% |
6,964
+5,446
| +359% | +$232K |
|
4032
ALPS Clean Energy ETF
ACES
$125M
| $285K | ﹤0.01% |
6,120
-7,306
| -54% | -$353K |
|
4033
iShares Morningstar Multi-Asset Income ETF
IYLD
$125M
| $285K | ﹤0.01% |
14,779
-3,420
| -19% | -$66.7K |
|
|
LBAI
4034
DELISTED
Lakeland Bancorp Inc
LBAI
| $284K | ﹤0.01% |
18,176
+8,820
| +94% | +$160K |
|
4035
Smith & Wesson
SWBI
$638M
| $284K | ﹤0.01% |
23,075
-15,692
| -40% | -$168K |
|
|
FPL
4036
DELISTED
FIRST TRUST NEW OPPORTUNITIES MLP & ENERGY FUND
FPL
| $283K | ﹤0.01% |
47,373
-1
| -0% | -$6 |
|
4037
UWM Holdings
UWMC
$2.45B
| $282K | ﹤0.01% |
57,533
-9,850
| -15% | -$43.2K |
|
4038
Matthews International
MATW
$733M
| $282K | ﹤0.01% |
7,807
+6,234
| +396% | +$229K |
|
4039
Dimensional US Targeted Value ETF
DFAT
$14.7B
| $280K | ﹤0.01% |
6,303
| – | – |
|
4040
Artesian Resources
ARTNA
$362M
| $279K | ﹤0.01% |
5,046
+1,291
| +34% | +$73.8K |
|
4041
Absci
ABSI
$1.59B
| $279K | ﹤0.01% |
159,396
+23,752
| +18% | +$57.5K |
|
|
SPPI
4042
DELISTED
Spectrum Pharmaceuticals Inc
SPPI
| $278K | ﹤0.01% |
370,665
-11,631
| -3% | -$8.49K |
|
4043
Merchants Bancorp
MBIN
$2.5B
| $278K | ﹤0.01% |
10,669
+3,055
| +40% | +$84.7K |
|
4044
iPath Bloomberg Commodity Index Total Return ETN due 12 June 2036
DJP
$819M
| $278K | ﹤0.01% |
8,785
-12
| -0.1% | -$385 |
|
4045
Bilibili
BILI
$7.53B
| $277K | ﹤0.01% |
11,806
+10,520
| +818% | +$250K |
|
4046
Shenandoah Telecom
SHEN
$740M
| $277K | ﹤0.01% |
14,585
+9,904
| +212% | +$185K |
|
4047
SLR Investment Corp
SLRC
$706M
| $277K | ﹤0.01% |
18,411
-4,976
| -21% | -$74.8K |
|
4048
Banc of California
BANC
$3.09B
| $277K | ﹤0.01% |
22,069
+7,959
| +56% | +$129K |
|
4049
Employers Holdings
EIG
$871M
| $276K | ﹤0.01% |
6,625
+5,584
| +536% | +$239K |
|
|
FARM
4050
DELISTED
Farmer Brothers
FARM
| $276K | ﹤0.01% |
71,388
+26,863
| +60% | +$121K |
|
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.