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 | |
|---|---|---|---|---|---|---|
476
New Jersey Resources
NJR
$5.79B
| $111M | 0.03% |
2,588,248
-22,317
| -0.9% | -$963K |
|
|
AZPN
477
DELISTED
Aspen Technology Inc
AZPN
| $110M | 0.03% |
552,505
-4,848
| -0.9% | -$996K |
|
478
PIMCO Active Bond Exchange-Traded Fund
BOND
$8.48B
| $110M | 0.03% |
1,203,856
+140,229
| +13% | +$12.7M |
|
479
CALL
Chevron
CVX
$379B
| $109M | 0.03% |
699,300
+78,800
| +13% | +$12.6M |
|
480
CALL
iShares MSCI EAFE ETF
EFA
$79.3B
| $109M | 0.03% |
1,393,100
-480,300
| -26% | -$38M |
|
481
General Mills
GIS
$19.3B
| $109M | 0.03% |
1,724,840
+40,256
| +2% | +$2.76M |
|
482
Dell
DELL
$302B
| $109M | 0.03% |
789,163
+194,892
| +33% | +$26.1M |
|
483
Invesco DB Commodity Index Tracking Fund
DBC
$1.63B
| $108M | 0.03% |
4,642,704
-224,844
| -5% | -$5.26M |
|
484
iShares Core S&P US Value ETF
IUSV
$27.7B
| $107M | 0.03% |
1,218,353
+34,476
| +3% | +$3.04M |
|
485
CALL
NVIDIA
NVDA
$5.13T
| $107M | 0.03% |
865,700
-79,300
| -8% | -$8.02M |
|
486
First Trust Consumer Discretionary AlphaDEX Fund
FXD
$276M
| $107M | 0.03% |
1,778,721
+43,047
| +2% | +$2.6M |
|
487
Lamar Advertising Co
LAMR
$16.1B
| $106M | 0.03% |
888,990
-47,583
| -5% | -$5.54M |
|
488
Invesco S&P 500 Low Volatility ETF
SPLV
$7.23B
| $106M | 0.03% |
1,632,448
-36,777
| -2% | -$2.38M |
|
489
Equinix
EQIX
$104B
| $105M | 0.03% |
138,993
+10,186
| +8% | +$7.73M |
|
490
Public Storage
PSA
$61B
| $104M | 0.03% |
361,940
-8,011
| -2% | -$2.21M |
|
491
Vanguard Total World Stock ETF
VT
$79.4B
| $104M | 0.03% |
924,364
-3,211
| -0.3% | -$354K |
|
492
Vanguard Long-Term Corporate Bond ETF
VCLT
$8.88B
| $104M | 0.03% |
1,371,017
-11,573
| -0.8% | -$878K |
|
493
Vanguard Communication Services ETF
VOX
$5.83B
| $104M | 0.03% |
750,740
+2,874
| +0.4% | +$382K |
|
|
BSCP
494
DELISTED
Invesco BulletShares 2025 Corporate Bond ETF
BSCP
| $103M | 0.03% |
5,047,059
+164,427
| +3% | +$3.36M |
|
495
Yum! Brands
YUM
$40.3B
| $103M | 0.03% |
778,983
+26,736
| +4% | +$3.68M |
|
496
Markel Group
MKL
$23.4B
| $103M | 0.03% |
65,438
-2,207
| -3% | -$3.43M |
|
497
iShares US Equity Factor ETF
LRGF
$3.69B
| $103M | 0.03% |
1,848,297
+73,392
| +4% | +$3.94M |
|
498
CALL
State Street Health Care Select Sector SPDR ETF
XLV
$41.8B
| $103M | 0.02% |
705,200
+540,200
| +327% | +$77.5M |
|
499
Royal Caribbean
RCL
$87.1B
| $103M | 0.02% |
643,632
+65,272
| +11% | +$9.39M |
|
500
DuPont de Nemours
DD
$19.3B
| $102M | 0.02% |
1,010,093
-201,102
| -17% | -$19.7M |
|
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 385 new, 3,309 increased, 2,368 reduced and 948 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 385 new positions and closed 948 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.