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 | |
|---|---|---|---|---|---|---|
4301
IDT Corp
IDT
$1.62B
| $236K | ﹤0.01% |
9,127
+3,443
| +61% | +$106K |
|
|
MFD
4302
DELISTED
Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund
MFD
| $236K | ﹤0.01% |
30,206
-5,965
| -16% | -$48.4K |
|
|
TBI
4303
Trueblue
TBI
$311M
| $235K | ﹤0.01% |
13,287
-10,059
| -43% | -$171K |
|
4304
Astronics
ATRO
$3.84B
| $235K | ﹤0.01% |
14,215
+7,298
| +106% | +$99.9K |
|
4305
Universal Insurance Holdings
UVE
$1.23B
| $233K | ﹤0.01% |
15,132
+3,133
| +26% | +$51.9K |
|
4306
Ubiquiti
UI
$34.3B
| $233K | ﹤0.01% |
1,327
-13,948
| -91% | -$2.81M |
|
4307
Aviat Networks
AVNW
$273M
| $233K | ﹤0.01% |
6,984
+2,729
| +64% | +$86.8K |
|
4308
PUT
United Parcel Service
UPS
$88.9B
| $233K | ﹤0.01% |
1,300
-130,300
| -99% | -$23.1M |
|
|
GLQ
4309
Clough Global Equity Fund
GLQ
$158M
| $233K | ﹤0.01% |
37,301
-3,031
| -8% | -$18.2K |
|
4310
Fidelity Value Factor ETF
FVAL
$1.38B
| $232K | ﹤0.01% |
4,730
+721
| +18% | +$33.7K |
|
|
BELFB
4311
Bel Fuse Inc Class B
BELFB
$4.21B
| $232K | ﹤0.01% |
4,036
+3,965
| +5,585% | +$181K |
|
4312
Gerdau
GGB
$9.7B
| $232K | ﹤0.01% |
53,220
-432,724
| -89% | -$1.81M |
|
|
HSII
4313
DELISTED
Heidrick & Struggles
HSII
| $231K | ﹤0.01% |
8,742
+4,058
| +87% | +$107K |
|
|
EHI
4314
Western Asset Global High Income Fund
EHI
$178M
| $231K | ﹤0.01% |
31,646
-2,731
| -8% | -$19.2K |
|
4315
Bar Harbor Bankshares
BHB
$666M
| $231K | ﹤0.01% |
9,361
+3,066
| +49% | +$75.7K |
|
4316
CALL
Sysco
SYY
$40.3B
| $230K | ﹤0.01% |
3,100
| – | – |
|
|
VZIO
4317
DELISTED
VIZIO Holding Corp.
VZIO
| $230K | ﹤0.01% |
34,072
+16,999
| +100% | +$131K |
|
4318
AST SpaceMobile
ASTS
$21.5B
| $229K | ﹤0.01% |
48,762
+37,893
| +349% | +$196K |
|
|
SA
4319
Seabridge Gold
SA
$3.35B
| $229K | ﹤0.01% |
18,983
-731
| -4% | -$9.94K |
|
4320
Magnachip Semiconductor
MX
$145M
| $228K | ﹤0.01% |
20,373
+198
| +1% | +$1.94K |
|
4321
VSE Corp
VSEC
$6.12B
| $227K | ﹤0.01% |
4,150
+2,265
| +120% | +$110K |
|
4322
State Street SPDR S&P North American Natural Resources ETF
NANR
$785M
| $227K | ﹤0.01% |
4,399
+4,312
| +4,956% | +$227K |
|
4323
Resources Connection
RGP
$145M
| $226K | ﹤0.01% |
14,411
+6,604
| +85% | +$103K |
|
4324
iShares Interest Rate Hedged High Yield Bond ETF
HYGH
$601M
| $226K | ﹤0.01% |
2,699
| – | – |
|
4325
Franklin Covey
FC
$246M
| $226K | ﹤0.01% |
5,176
+2,743
| +113% | +$102K |
|
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.