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 |
Invesco QQQ Trust
QQQ
|
+$503M |
| 2 |
Chevron
CVX
|
+$472M |
| 3 |
Vanguard Long-Term Bond ETF
BLV
|
+$374M |
| 4 |
EOG Resources
EOG
|
+$354M |
| 5 |
ARK Innovation ETF
ARKK
|
+$253M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$5.2B |
| 2 |
M&T Bank
MTB
|
+$313M |
| 3 |
iShares Core 60/40 Balanced Allocation ETF
AOR
|
+$304M |
| 4 |
Apple
AAPL
|
+$197M |
| 5 |
iShares Core 80/20 Aggressive Allocation ETF
AOA
|
+$194M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.55% |
| 2 | Healthcare | 8.23% |
| 3 | Financials | 6.88% |
| 4 | Industrials | 6.54% |
| 5 | Consumer Discretionary | 5.29% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
501
ProShares S&P MidCap 400 Dividend Aristocrats ETF
REGL
$1.81B
| $82.5M | 0.02% |
1,166,655
+80,559
| +7% | +$5.86M |
|
502
Ametek
AME
$57.6B
| $82.4M | 0.02% |
567,177
+22,682
| +4% | +$3.22M |
|
503
GSK
GSK
$104B
| $82.3M | 0.02% |
2,312,306
-352,926
| -13% | -$12.3M |
|
504
Global Payments
GPN
$24B
| $82.2M | 0.02% |
780,795
+26,739
| +4% | +$2.9M |
|
505
Hershey
HSY
$36.8B
| $82.2M | 0.02% |
322,968
-20,905
| -6% | -$4.91M |
|
506
Teradyne
TER
$60.2B
| $81.5M | 0.02% |
758,066
+20,642
| +3% | +$2.11M |
|
507
iShares Core S&P US Value ETF
IUSV
$27.5B
| $81M | 0.02% |
1,097,868
-12,610
| -1% | -$929K |
|
508
Monster Beverage
MNST
$92.1B
| $80.9M | 0.02% |
1,497,305
-105,905
| -7% | -$5.43M |
|
509
FTI Consulting
FCN
$4.17B
| $80.6M | 0.02% |
408,542
-19,381
| -5% | -$3.37M |
|
510
Fortinet
FTNT
$117B
| $80.5M | 0.02% |
1,210,606
-200,958
| -14% | -$11.4M |
|
511
Snowflake
SNOW
$110B
| $80.4M | 0.02% |
521,409
-8,233
| -2% | -$1.21M |
|
512
Welltower
WELL
$170B
| $80.4M | 0.02% |
1,121,350
-93,920
| -8% | -$6.81M |
|
513
Vanguard Industrials ETF
VIS
$8.36B
| $80.2M | 0.02% |
420,911
-5,853
| -1% | -$1.11M |
|
514
First Trust NYSE Arca Biotechnology Index Fund
FBT
$2.74B
| $80.1M | 0.02% |
516,900
+12,233
| +2% | +$1.92M |
|
515
Workday
WDAY
$42B
| $80.1M | 0.02% |
387,878
+80,720
| +26% | +$14.7M |
|
516
Lennar Class A
LEN
$20.4B
| $79.8M | 0.02% |
783,942
-17,351
| -2% | -$1.68M |
|
517
Fidelity National Information Services
FIS
$22.1B
| $79.6M | 0.02% |
1,465,385
-998,291
| -41% | -$65M |
|
518
iShares MSCI Switzerland ETF
EWL
$2.21B
| $79.2M | 0.02% |
1,747,900
+54,539
| +3% | +$2.41M |
|
519
Landstar System
LSTR
$6.01B
| $78.9M | 0.02% |
440,372
+17,464
| +4% | +$3.07M |
|
520
WisdomTree Emerging Markets High Dividend Fund
DEM
$3.96B
| $78.6M | 0.02% |
2,076,619
+970,216
| +88% | +$36.6M |
|
521
First Trust Technology AlphaDEX Fund
FXL
$2.72B
| $78.5M | 0.02% |
746,559
-19,627
| -3% | -$1.98M |
|
522
Keurig Dr Pepper
KDP
$41.3B
| $77.8M | 0.02% |
2,205,227
+244,120
| +12% | +$8.58M |
|
523
iShares Core MSCI Total International Stock ETF
IXUS
$59.5B
| $77.6M | 0.02% |
1,251,874
+52,815
| +4% | +$3.23M |
|
524
Vanguard FTSE Europe ETF
VGK
$31.1B
| $77.5M | 0.02% |
1,272,312
+291,846
| +30% | +$17.4M |
|
525
State Street SPDR Bloomberg Convertible Securities ETF
CWB
$5.64B
| $77.5M | 0.02% |
1,156,177
-105,735
| -8% | -$7.08M |
|
Similar funds
Wells Fargo's Q1 2023 Portfolio in Review
As of Q1 2023, Wells Fargo held 7,943 positions worth $347B, up 4.2% from $333B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Wells Fargo's Q1 2023 filing shows 427 new, 3,865 increased, 2,015 reduced and 474 closed positions. Its largest new stake was GE HealthCare: 686,371 shares worth $56.3M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $5.2B.
By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 12% a quarter earlier, followed by Healthcare and Financials.
- Wells Fargo's largest Q1 2023 buy was GE HealthCare: 686,371 shares worth $56.3M.
- Wells Fargo added most to Invesco QQQ Trust in Q1 2023, an estimated $503M increase.
- Wells Fargo's biggest Q1 2023 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $5.2B.
- Wells Fargo fully exited STORE Capital Corporation in Q1 2023, selling an estimated $25.9M.
- Wells Fargo's ten largest holdings make up 17% of its $347B portfolio in Q1 2023.
- Wells Fargo opened 427 new positions and closed 474 in Q1 2023.
- Wells Fargo's portfolio value rose 4.2% quarter-over-quarter to $347B.
Based on Wells Fargo's 13F filing for Q1 2023, filed 12 May 2023.