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 | |
|---|---|---|---|---|---|---|
426
Corning
GLW
$119B
| $106M | 0.03% |
3,031,933
+240,632
| +9% | +$7.91M |
|
427
Gartner
IT
$10.1B
| $106M | 0.03% |
303,048
-31,267
| -9% | -$10.2M |
|
428
iShares MSCI ACWI ETF
ACWI
$32.9B
| $106M | 0.03% |
1,106,341
+29,998
| +3% | +$2.78M |
|
429
Lamar Advertising Co
LAMR
$16.2B
| $106M | 0.03% |
1,065,123
-13,385
| -1% | -$1.3M |
|
430
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$10.4B
| $105M | 0.03% |
3,575,862
-525,753
| -13% | -$15.5M |
|
431
Vanguard International High Dividend Yield ETF
VYMI
$20.6B
| $105M | 0.03% |
1,657,930
+30,322
| +2% | +$1.92M |
|
432
Cummins
CMI
$87.5B
| $104M | 0.03% |
426,204
-62,284
| -13% | -$14.1M |
|
433
Simon Property Group
SPG
$74.4B
| $104M | 0.03% |
903,038
-89,474
| -9% | -$9.75M |
|
434
Las Vegas Sands
LVS
$31.7B
| $104M | 0.03% |
1,793,707
-698,073
| -28% | -$41.3M |
|
435
Energy Transfer Partners
ET
$70.1B
| $103M | 0.03% |
8,116,575
+116,489
| +1% | +$1.48M |
|
436
Pacer US Small Cap Cash Cows 100 ETF
CALF
$3.68B
| $103M | 0.03% |
2,532,044
+256,288
| +11% | +$9.73M |
|
437
Fortinet
FTNT
$119B
| $103M | 0.03% |
1,361,131
+150,525
| +12% | +$10.2M |
|
438
Micron Technology
MU
$930B
| $102M | 0.03% |
1,613,665
+93,647
| +6% | +$6.02M |
|
439
MetLife
MET
$61.9B
| $102M | 0.03% |
1,798,193
-1,306,366
| -42% | -$72.5M |
|
440
Berkshire Hathaway Class A
BRK.A
$1.1T
| $101M | 0.03% |
196
| – | – |
|
441
iShares S&P 100 ETF
OEF
$20.1B
| $101M | 0.03% |
488,456
+26,306
| +6% | +$5.11M |
|
442
Ross Stores
ROST
$80.5B
| $101M | 0.03% |
901,967
-10,193
| -1% | -$1.07M |
|
443
Regeneron Pharmaceuticals
REGN
$78.5B
| $101M | 0.03% |
140,735
-5,872
| -4% | -$4.53M |
|
444
Align Technology
ALGN
$12.1B
| $101M | 0.03% |
284,901
+7,921
| +3% | +$2.52M |
|
445
TC Energy
TRP
$70.2B
| $101M | 0.03% |
2,487,389
+305,331
| +14% | +$12.5M |
|
446
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
$11.5B
| $100M | 0.03% |
3,129,592
-110,095
| -3% | -$3.55M |
|
447
Commerce Bancshares
CBSH
$8.53B
| $100M | 0.03% |
2,388,031
-179,085
| -7% | -$7.94M |
|
448
Vanguard Total World Stock ETF
VT
$77.1B
| $100M | 0.03% |
1,035,050
-30,847
| -3% | -$2.89M |
|
449
Alcon
ALC
$33.6B
| $100M | 0.03% |
1,210,798
-13,449
| -1% | -$1.03M |
|
450
Lennar Class A
LEN
$19.8B
| $100M | 0.03% |
825,990
+42,048
| +5% | +$4.59M |
|
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, 3,912 increased, 2,324 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.