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 |
Starbucks
SBUX
|
+$853M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$805M |
| 3 |
Zoetis
ZTS
|
+$650M |
| 4 |
iShares Core US Aggregate Bond ETF
AGG
|
+$391M |
| 5 |
iShares Core Universal USD Bond ETF
IUSB
|
+$177M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.03B |
| 2 |
Amazon
AMZN
|
+$772M |
| 3 |
Becton Dickinson
BDX
|
+$486M |
| 4 |
Medtronic
MDT
|
+$440M |
| 5 |
Vanguard Long-Term Bond ETF
BLV
|
+$373M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.37% |
| 2 | Financials | 7.47% |
| 3 | Healthcare | 7.23% |
| 4 | Industrials | 6.4% |
| 5 | Consumer Discretionary | 5.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
4351
Gerdau
GGB
$9.2B
| $187K | ﹤0.01% |
50,833
-25,957
| -34% | -$93.9K |
|
4352
Vertex
VERX
$1.98B
| $187K | ﹤0.01% |
5,890
+3,508
| +147% | +$94.6K |
|
|
CMRC
4353
Commerce.com Inc Series 1
CMRC
$186M
| $187K | ﹤0.01% |
27,122
+2,719
| +11% | +$21.8K |
|
4354
Medifast
MED
$130M
| $187K | ﹤0.01% |
4,874
-1,449
| -23% | -$70.2K |
|
4355
Mineralys Therapeutics
MLYS
$2.41B
| $186K | ﹤0.01% |
14,423
+6,405
| +80% | +$79.1K |
|
4356
Central Pacific Financial
CPF
$996M
| $186K | ﹤0.01% |
9,425
+1,025
| +12% | +$19.6K |
|
4357
AXT Inc
AXTI
$4.83B
| $186K | ﹤0.01% |
40,531
-4,926
| -11% | -$16.7K |
|
|
FGB
4358
DELISTED
First Trust Specialty Finance and Financial Opportunities Fund
FGB
| $186K | ﹤0.01% |
49,216
+1,232
| +3% | +$4.44K |
|
4359
Rush Enterprises Class B
RUSHB
$9.23B
| $185K | ﹤0.01% |
3,478
+410
| +13% | +$20.2K |
|
4360
Health Catalyst
HCAT
$132M
| $185K | ﹤0.01% |
24,553
+2,559
| +12% | +$23.4K |
|
4361
National Bankshares
NKSH
$269M
| $185K | ﹤0.01% |
5,526
-4,737
| -46% | -$153K |
|
4362
Stagwell
STGW
$2.27B
| $184K | ﹤0.01% |
29,633
+3,566
| +14% | +$22.3K |
|
4363
Mercury Systems
MRCY
$6.55B
| $184K | ﹤0.01% |
6,244
+2,337
| +60% | +$70.4K |
|
4364
TeraWulf
WULF
$8.36B
| $184K | ﹤0.01% |
69,925
+19,935
| +40% | +$39.3K |
|
|
KSM
4365
DELISTED
DWS Strategic Municipal Income Trust
KSM
| $184K | ﹤0.01% |
20,569
-350
| -2% | -$3.08K |
|
4366
United States Lime & Minerals
USLM
$3.46B
| $184K | ﹤0.01% |
3,085
+410
| +15% | +$21.1K |
|
|
FFIC
4367
DELISTED
Flushing Financial
FFIC
| $183K | ﹤0.01% |
14,544
+110
| +0.8% | +$1.55K |
|
4368
Titan Machinery
TITN
$438M
| $183K | ﹤0.01% |
7,385
+44
| +0.6% | +$1.15K |
|
|
NVRO
4369
DELISTED
NEVRO CORP.
NVRO
| $183K | ﹤0.01% |
12,652
+1,363
| +12% | +$22.5K |
|
4370
Invesco Active US Real Estate Fund
PSR
$58.6M
| $183K | ﹤0.01% |
2,072
-19,174
| -90% | -$1.68M |
|
4371
Alerus Financial
ALRS
$833M
| $182K | ﹤0.01% |
8,332
-186
| -2% | -$4.08K |
|
4372
BlackRock Income Trust
BKT
$340M
| $182K | ﹤0.01% |
15,280
+2,227
| +17% | +$26.7K |
|
4373
SLR Investment Corp
SLRC
$706M
| $182K | ﹤0.01% |
11,837
+2,473
| +26% | +$37.4K |
|
4374
Caribou Biosciences
CRBU
$168M
| $181K | ﹤0.01% |
35,301
+8,374
| +31% | +$51.6K |
|
4375
Peapack-Gladstone Financial
PGC
$806M
| $181K | ﹤0.01% |
7,452
+764
| +11% | +$19.5K |
|
Similar funds
Wells Fargo's Q1 2024 Portfolio in Review
As of Q1 2024, Wells Fargo held 7,849 positions worth $415B, up 8.3% from $383B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Wells Fargo's Q1 2024 filing shows 356 new, 3,866 increased, 2,176 reduced and 456 closed positions. Its largest new stake was FT Vest US Equity Buffer ETF July: 970,130 shares worth $43.1M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $1.03B.
By sector, the portfolio is most concentrated in Technology at 14% of assets, down from 14% a quarter earlier, followed by Financials and Healthcare.
- Wells Fargo's largest Q1 2024 buy was FT Vest US Equity Buffer ETF July: 970,130 shares worth $43.1M.
- Wells Fargo added most to Starbucks in Q1 2024, an estimated $853M increase.
- Wells Fargo's biggest Q1 2024 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.03B.
- Wells Fargo fully exited Splunk Inc in Q1 2024, selling an estimated $43.1M.
- Wells Fargo's ten largest holdings make up 19% of its $415B portfolio in Q1 2024.
- Wells Fargo opened 356 new positions and closed 456 in Q1 2024.
- Wells Fargo's portfolio value rose 8.3% quarter-over-quarter to $415B.
Based on Wells Fargo's 13F filing for Q1 2024, filed 10 May 2024.