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 | |
|---|---|---|---|---|---|---|
|
NFBK
4126
DELISTED
Northfield Bancorp
NFBK
| $305K | ﹤0.01% |
27,801
+8,079
| +41% | +$86.3K |
|
|
GLU
4127
Gabelli Utility & Income Trust
GLU
$116M
| $305K | ﹤0.01% |
21,425
-1,198
| -5% | -$17.1K |
|
4128
OrthoPediatrics
KIDS
$595M
| $305K | ﹤0.01% |
6,947
+3,554
| +105% | +$164K |
|
4129
Alerus Financial
ALRS
$828M
| $304K | ﹤0.01% |
16,932
-2,636
| -13% | -$42.7K |
|
4130
Davis Select US Equity ETF
DUSA
$1.28B
| $303K | ﹤0.01% |
9,466
+6,096
| +181% | +$182K |
|
4131
CALL
AvalonBay Communities
AVB
$26.8B
| $303K | ﹤0.01% |
1,600
| – | – |
|
4132
iShares Low Carbon Optimized MSCI ACWI ETF
CRBN
$1.18B
| $303K | ﹤0.01% |
1,935
-106
| -5% | -$16K |
|
|
QUOT
4133
DELISTED
Quotient Technology Inc
QUOT
| $302K | ﹤0.01% |
78,730
+62,310
| +379% | +$193K |
|
|
CTEV
4134
Claritev Corp
CTEV
$556M
| $302K | ﹤0.01% |
3,582
+1,927
| +116% | +$103K |
|
4135
Invesco Russell 1000 Equal Weight ETF
EQAL
$838M
| $302K | ﹤0.01% |
+7,211
| New | +$292K |
|
4136
Pitney Bowes
PBI
$2.39B
| $301K | ﹤0.01% |
85,109
-7,138
| -8% | -$24.7K |
|
4137
Travel + Leisure Co
TNL
$4.7B
| $301K | ﹤0.01% |
7,461
-4,346
| -37% | -$167K |
|
|
CXH
4138
DELISTED
MFS Investment Grade Municipal Trust
CXH
| $300K | ﹤0.01% |
40,839
-5,836
| -13% | -$42.7K |
|
4139
Universal Technical Institute
UTI
$1.59B
| $300K | ﹤0.01% |
43,455
+6,851
| +19% | +$46.1K |
|
4140
NerdWallet
NRDS
$652M
| $300K | ﹤0.01% |
31,838
+7,357
| +30% | +$83.1K |
|
4141
Alkami Technology
ALKT
$2.11B
| $299K | ﹤0.01% |
18,272
+10,836
| +146% | +$150K |
|
|
BKN
4142
DELISTED
BlackRock Investment Quality Municipal Trust
BKN
| $299K | ﹤0.01% |
25,740
-12,913
| -33% | -$149K |
|
|
TRST
4143
Trustco Bank Corp NY
TRST
$938M
| $299K | ﹤0.01% |
10,460
+2,525
| +32% | +$74.2K |
|
|
FBMS
4144
DELISTED
The First Bancshares, Inc.
FBMS
| $299K | ﹤0.01% |
11,570
+5,537
| +92% | +$142K |
|
4145
National Healthcare
NHC
$3.38B
| $299K | ﹤0.01% |
4,830
+2,541
| +111% | +$151K |
|
4146
Ivanhoe Electric
IE
$1.74B
| $298K | ﹤0.01% |
22,887
+6,353
| +38% | +$80.3K |
|
4147
FuboTV Inc
FUBO
$273M
| $297K | ﹤0.01% |
11,916
+5,570
| +88% | +$107K |
|
4148
Clearwater Paper
CLW
$376M
| $297K | ﹤0.01% |
9,477
+3,228
| +52% | +$104K |
|
4149
ICL Group
ICL
$6.85B
| $297K | ﹤0.01% |
54,767
-35,091
| -39% | -$212K |
|
4150
Bank First Corp
BFC
$1.7B
| $296K | ﹤0.01% |
3,563
+2,193
| +160% | +$164K |
|
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, 3,910 increased, 2,322 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.