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 | |
|---|---|---|---|---|---|---|
4076
TG Therapeutics
TGTX
$7.62B
| $198K | ﹤0.01% |
46,446
-45,215
| -49% | -$282K |
|
4077
Extreme Networks
EXTR
$3.15B
| $197K | ﹤0.01% |
22,074
-132,860
| -86% | -$1.35M |
|
4078
First Trust Eurozone AlphaDEX
FEUZ
$134M
| $197K | ﹤0.01% |
5,850
+5,650
| +2,825% | +$217K |
|
4079
Hanmi Financial
HAFC
$946M
| $197K | ﹤0.01% |
8,792
-41,876
| -83% | -$971K |
|
4080
Phreesia
PHR
$773M
| $197K | ﹤0.01% |
7,860
-163,338
| -95% | -$3.6M |
|
|
SMC
4081
Summit Midstream
SMC
$419M
| $197K | ﹤0.01% |
15,484
+12,227
| +375% | +$213K |
|
|
NVTA
4082
DELISTED
Invitae Corporation
NVTA
| $197K | ﹤0.01% |
80,506
-68,536
| -46% | -$303K |
|
4083
AppFolio
APPF
$7.04B
| $196K | ﹤0.01% |
2,170
-11,318
| -84% | -$1.14M |
|
|
FGB
4084
DELISTED
First Trust Specialty Finance and Financial Opportunities Fund
FGB
| $196K | ﹤0.01% |
61,259
+362
| +0.6% | +$1.34K |
|
4085
iShares Genomics Immunology and Healthcare ETF
IDNA
$205M
| $196K | ﹤0.01% |
6,796
-1,900
| -22% | -$56.7K |
|
|
MBCN
4086
DELISTED
Middlefield Banc Corp
MBCN
| $196K | ﹤0.01% |
7,772
-205
| -3% | -$5.19K |
|
4087
Protolabs
PRLB
$2.13B
| $196K | ﹤0.01% |
4,091
-5,735
| -58% | -$266K |
|
|
NKLA
4088
DELISTED
Nikola Corporation Common Stock
NKLA
| $196K | ﹤0.01% |
1,374
-5,798
| -81% | -$1.19M |
|
|
MODN
4089
DELISTED
MODEL N, INC.
MODN
| $196K | ﹤0.01% |
7,637
-13,502
| -64% | -$336K |
|
|
ONEM
4090
CALL
DELISTED
1Life Healthcare
ONEM
| $196K | ﹤0.01% |
25,000
| – | – |
|
|
CVET
4091
DELISTED
Covetrus, Inc. Common Stock
CVET
| $196K | ﹤0.01% |
9,481
-127,965
| -93% | -$2.28M |
|
4092
American Well
AMWL
$230M
| $195K | ﹤0.01% |
2,255
-1,811
| -45% | -$135K |
|
|
DENN
4093
DELISTED
Denny's
DENN
| $195K | ﹤0.01% |
22,489
-102,765
| -82% | -$1.13M |
|
|
PAI
4094
Western Asset Investment Grade Income Fund
PAI
$114M
| $195K | ﹤0.01% |
16,148
-139
| -0.9% | -$1.74K |
|
4095
PUT
Olin
OLN
$2.12B
| $194K | ﹤0.01% |
4,200
| – | – |
|
|
PBT
4096
Permian Basin Royalty Trust
PBT
$1.49B
| $194K | ﹤0.01% |
11,732
-3,366
| -22% | -$52.2K |
|
4097
Cohen & Steers Select Preferred & Income Fund
PSF
$236M
| $194K | ﹤0.01% |
9,513
-2,650
| -22% | -$56.5K |
|
|
SLCA
4098
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $194K | ﹤0.01% |
16,964
-48,911
| -74% | -$821K |
|
4099
Artivion
AORT
$1.32B
| $193K | ﹤0.01% |
10,250
-21,780
| -68% | -$420K |
|
4100
Andersons Inc
ANDE
$2.22B
| $192K | ﹤0.01% |
5,839
-26,079
| -82% | -$1.11M |
|
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.