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
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1B |
| 2 |
Microsoft
MSFT
|
+$878M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$748M |
| 4 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$647M |
| 5 |
Amazon
AMZN
|
+$436M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.09% |
| 2 | Healthcare | 9.01% |
| 3 | Financials | 7.29% |
| 4 | Industrials | 6.45% |
| 5 | Consumer Discretionary | 5.37% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
476
BHP
BHP
$222B
| $83.5M | 0.03% |
1,486,578
+157,192
| +12% | +$9.76M |
|
477
Vodafone
VOD
$36.3B
| $83.5M | 0.03% |
5,359,358
-23,514
| -0.4% | -$376K |
|
478
Labcorp
LH
$25.3B
| $83.5M | 0.03% |
414,610
-136,120
| -25% | -$29M |
|
479
Conagra Brands
CAG
$7.18B
| $83.5M | 0.03% |
2,437,802
-441,957
| -15% | -$15.1M |
|
480
VanEck Morningstar Wide Moat ETF
MOAT
$12.1B
| $83M | 0.03% |
1,301,607
-95,875
| -7% | -$6.58M |
|
481
SAP
SAP
$226B
| $82.9M | 0.03% |
913,601
+212,968
| +30% | +$21.3M |
|
482
Kroger
KR
$35.4B
| $82.8M | 0.03% |
1,749,117
-342,093
| -16% | -$18.2M |
|
483
Arista Networks
ANET
$240B
| $82.3M | 0.03% |
3,509,744
-323,928
| -8% | -$8.89M |
|
484
iShares MSCI Emerging Markets Min Vol Factor ETF
EEMV
$3.55B
| $82.1M | 0.03% |
1,480,653
+168,587
| +13% | +$9.74M |
|
485
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
$11.5B
| $81.6M | 0.03% |
2,501,842
+599,826
| +32% | +$19.8M |
|
486
First Trust Morningstar Dividend Leaders Index Fund
FDL
$7.83B
| $81.6M | 0.03% |
2,316,989
+1,118,345
| +93% | +$41.9M |
|
487
First Trust Managed Municipal ETF
FMB
$2.06B
| $81.6M | 0.03% |
1,611,626
-301,732
| -16% | -$15.5M |
|
488
Rockwell Automation
ROK
$49.5B
| $81.2M | 0.03% |
407,620
-101,711
| -20% | -$23M |
|
489
Microchip Technology
MCHP
$43.8B
| $81.2M | 0.03% |
1,398,536
-215,432
| -13% | -$14.3M |
|
490
Vanguard Consumer Discretionary ETF
VCR
$6.3B
| $80.3M | 0.02% |
353,125
-111,579
| -24% | -$29.1M |
|
491
Huntington Bancshares
HBAN
$35.5B
| $80.2M | 0.02% |
6,668,318
+118,266
| +2% | +$1.57M |
|
|
AZPN
492
DELISTED
Aspen Technology Inc
AZPN
| $80.2M | 0.02% |
+436,654
| New | +$77.7M |
|
493
CALL
Bristol-Myers Squibb
BMY
$135B
| $80M | 0.02% |
1,039,200
+69,200
| +7% | +$5.27M |
|
494
iShares MSCI EAFE Min Vol Factor ETF
EFAV
$5.42B
| $80M | 0.02% |
1,262,976
+109,179
| +9% | +$7.34M |
|
495
iShares Biotechnology ETF
IBB
$9.39B
| $80M | 0.02% |
679,684
-33,441
| -5% | -$3.97M |
|
496
Federal Realty Investment Trust
FRT
$10.6B
| $79.9M | 0.02% |
834,936
-121,975
| -13% | -$13.7M |
|
497
FTI Consulting
FCN
$4.34B
| $79.9M | 0.02% |
441,970
-51,651
| -10% | -$8.52M |
|
498
Alibaba
BABA
$309B
| $79.9M | 0.02% |
702,949
-482,638
| -41% | -$47.3M |
|
499
Warner Bros
WBD
$64.7B
| $79.8M | 0.02% |
5,944,732
+3,004,296
| +102% | +$55.7M |
|
500
HP
HPQ
$26.4B
| $79.7M | 0.02% |
2,432,095
-628,591
| -21% | -$23.1M |
|
Similar funds
Wells Fargo's Q2 2022 Portfolio in Review
As of Q2 2022, Wells Fargo held 8,080 positions worth $323B, down 17% from $390B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Wells Fargo withdrew a net $12.6B in Q2 2022, closing 375 positions and reducing 4,229 holdings. Its most notable exit was People's United Financial Inc, an estimated $250M position sold in full.
By sector, the portfolio is most concentrated in Technology at 13% of assets, down from 15% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Wells Fargo opened a new position in Aspen Technology Inc worth $80.2M.
- Wells Fargo's largest Q2 2022 buy was Aspen Technology Inc: 436,654 shares worth $80.2M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q2 2022, an estimated $2.47B increase.
- Wells Fargo's biggest Q2 2022 reduction was Apple, cutting an estimated $1B.
- Wells Fargo fully exited People's United Financial Inc in Q2 2022, selling an estimated $250M.
- Wells Fargo's ten largest holdings make up 18% of its $323B portfolio in Q2 2022.
- Wells Fargo opened 271 new positions and closed 375 in Q2 2022.
- Wells Fargo's portfolio value fell 17% quarter-over-quarter to $323B.
Based on Wells Fargo's 13F filing for Q2 2022, filed 12 Aug 2022.