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
|
+$506M |
| 2 |
Microsoft
MSFT
|
+$336M |
| 3 |
Amazon
AMZN
|
+$287M |
| 4 |
Apple
AAPL
|
+$269M |
| 5 |
Meta Platforms (Facebook)
META
|
+$233M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Air Products & Chemicals
APD
|
+$425M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$334M |
| 3 |
United Parcel Service
UPS
|
+$148M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$128M |
| 5 |
Vanguard Morningstar Mid-Cap ETF
VO
|
+$124M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.28% |
| 2 | Financials | 7.45% |
| 3 | Healthcare | 7.23% |
| 4 | Industrials | 6.23% |
| 5 | Consumer Discretionary | 5.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CWBC
4201
Community West Bancshares
CWBC
$684M
| $253K | ﹤0.01% |
13,678
+3,908
| +40% | +$68.6K |
|
|
TE
4202
T1 Energy
TE
$1.63B
| $253K | ﹤0.01% |
148,828
+44,995
| +43% | +$85.9K |
|
4203
Applied Digital
APLD
$8.41B
| $253K | ﹤0.01% |
42,509
+7,067
| +20% | +$27.4K |
|
4204
Tilray
TLRY
$622M
| $253K | ﹤0.01% |
15,227
+992
| +7% | +$19.1K |
|
4205
Tejon Ranch
TRC
$451M
| $252K | ﹤0.01% |
14,747
+6,962
| +89% | +$116K |
|
4206
Praxis Precision Medicines
PRAX
$10.1B
| $251K | ﹤0.01% |
6,077
+5,423
| +829% | +$256K |
|
4207
Goldman Sachs Innovate Equity ETF
GINN
$213M
| $251K | ﹤0.01% |
4,423
| – | – |
|
4208
Alignment Healthcare
ALHC
$2.98B
| $251K | ﹤0.01% |
32,046
+6,488
| +25% | +$42.4K |
|
4209
Castle Biosciences
CSTL
$979M
| $251K | ﹤0.01% |
11,507
+2,081
| +22% | +$46.4K |
|
4210
UWM Holdings
UWMC
$434M
| $250K | ﹤0.01% |
36,142
-575
| -2% | -$3.95K |
|
4211
Hanmi Financial
HAFC
$946M
| $250K | ﹤0.01% |
14,956
+3,797
| +34% | +$59.1K |
|
4212
Orthofix Medical
OFIX
$419M
| $250K | ﹤0.01% |
18,839
+2,367
| +14% | +$32.4K |
|
4213
Invesco S&P Spin-Off ETF
CSD
$228M
| $250K | ﹤0.01% |
3,585
| – | – |
|
4214
Central Pacific Financial
CPF
$1B
| $249K | ﹤0.01% |
11,749
+2,324
| +25% | +$46.9K |
|
4215
PennantPark Floating Rate Capital
PFLT
$746M
| $249K | ﹤0.01% |
21,576
+12,474
| +137% | +$142K |
|
4216
BlackBerry
BB
$5.26B
| $249K | ﹤0.01% |
100,338
-1,650
| -2% | -$4.6K |
|
4217
Chegg
CHGG
$102M
| $249K | ﹤0.01% |
78,651
-27,962
| -26% | -$139K |
|
4218
Opko Health
OPK
$1.02B
| $248K | ﹤0.01% |
198,557
-3,871
| -2% | -$5.02K |
|
4219
Grid Dynamics Holdings
GDYN
$615M
| $248K | ﹤0.01% |
23,560
+2,419
| +11% | +$24.9K |
|
|
EU
4220
enCore Energy
EU
$243M
| $247K | ﹤0.01% |
62,740
+6,242
| +11% | +$27.6K |
|
|
RGT
4221
Royce Global Value Trust
RGT
$102M
| $245K | ﹤0.01% |
22,064
+6,734
| +44% | +$73K |
|
4222
United States Lime & Minerals
USLM
$3.44B
| $245K | ﹤0.01% |
3,370
+285
| +9% | +$19K |
|
|
SAVE
4223
DELISTED
Spirit Airlines, Inc.
SAVE
| $245K | ﹤0.01% |
67,006
+8,248
| +14% | +$31.9K |
|
4224
Nuveen Massachusetts Quality Municipal Income Fund
NMT
$129M
| $245K | ﹤0.01% |
22,037
-6,310
| -22% | -$67.7K |
|
4225
Portillo's
PTLO
$321M
| $245K | ﹤0.01% |
25,186
-40,813
| -62% | -$454K |
|
Similar funds
Wells Fargo's Q2 2024 Portfolio in Review
As of Q2 2024, Wells Fargo held 7,784 positions worth $412B, down 0.64% from $415B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Wells Fargo's Q2 2024 filing shows 386 new, 3,308 increased, 2,367 reduced and 944 closed positions. Its largest new stake was NextEra Energy 7.299% Corporate Units: 1,487,927 shares worth $73.6M. The largest sale was Air Products & Chemicals, an estimated $425M.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 14% a quarter earlier, followed by Financials and Healthcare.
- Wells Fargo's largest Q2 2024 buy was NextEra Energy 7.299% Corporate Units: 1,487,927 shares worth $73.6M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q2 2024, an estimated $506M increase.
- Wells Fargo's biggest Q2 2024 reduction was Air Products & Chemicals, cutting an estimated $425M.
- Wells Fargo fully exited Pioneer Natural Resource Co. in Q2 2024, selling an estimated $88.9M.
- Wells Fargo's ten largest holdings make up 19% of its $412B portfolio in Q2 2024.
- Wells Fargo opened 386 new positions and closed 944 in Q2 2024.
- Wells Fargo's portfolio value fell 0.64% quarter-over-quarter to $412B.
Based on Wells Fargo's 13F filing for Q2 2024, filed 13 Aug 2024.