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 | |
|---|---|---|---|---|---|---|
526
First Trust Technology AlphaDEX Fund
FXL
$2.53B
| $92M | 0.02% |
674,953
-62,173
| -8% | -$8.2M |
|
527
Avantis US Small Cap Value ETF
AVUV
$30.3B
| $91.7M | 0.02% |
1,022,614
+210,379
| +26% | +$19.1M |
|
528
Zscaler
ZS
$24.5B
| $91.7M | 0.02% |
476,943
+275,961
| +137% | +$49.1M |
|
529
iShares Core MSCI Total International Stock ETF
IXUS
$58.3B
| $91.6M | 0.02% |
1,356,489
+16,560
| +1% | +$1.12M |
|
530
iShares MSCI United Kingdom ETF
EWU
$4.14B
| $91.5M | 0.02% |
2,624,567
-119,632
| -4% | -$4.21M |
|
531
Vanguard Morningstar Mega Cap ETF
MGC
$9.99B
| $91.5M | 0.02% |
463,781
+30,340
| +7% | +$5.71M |
|
532
Principal Spectrum Preferred Securities Active ETF
PREF
$1.77B
| $91.3M | 0.02% |
5,009,620
+333,434
| +7% | +$6.04M |
|
533
Berkshire Hathaway Class A
BRK.A
$1.1T
| $91.1M | 0.02% |
149
-2
| -1% | -$1.23M |
|
534
Vanguard Long-Term Treasury ETF
VGLT
$10B
| $90.8M | 0.02% |
1,574,218
-33,383
| -2% | -$1.91M |
|
535
Simpson Manufacturing
SSD
$7.72B
| $90.5M | 0.02% |
537,033
-18,456
| -3% | -$3.23M |
|
536
Seagate
STX
$194B
| $90M | 0.02% |
871,636
-125,526
| -13% | -$11.7M |
|
537
Corning
GLW
$119B
| $89.8M | 0.02% |
2,310,347
+16,019
| +0.7% | +$559K |
|
538
Xtrackers MSCI EAFE Hedged Equity ETF
DBEF
$9.17B
| $89.7M | 0.02% |
2,165,498
+138,414
| +7% | +$5.69M |
|
539
Entergy
ETR
$50.2B
| $89.5M | 0.02% |
1,673,192
+126,478
| +8% | +$6.82M |
|
540
PUT
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$15B
| $89.4M | 0.02% |
1,010,000
+510,000
| +102% | +$45.2M |
|
541
ARK Innovation ETF
ARKK
$5.66B
| $89.2M | 0.02% |
2,030,170
+78,269
| +4% | +$3.5M |
|
542
Constellation Energy
CEG
$93.8B
| $89.2M | 0.02% |
445,439
+82,619
| +23% | +$16.9M |
|
543
CoStar Group
CSGP
$11.7B
| $89.1M | 0.02% |
1,201,659
+194,948
| +19% | +$16.5M |
|
544
Global X US Infrastructure Development ETF
PAVE
$13.9B
| $89M | 0.02% |
2,403,126
+122,396
| +5% | +$4.68M |
|
545
Federal Realty Investment Trust
FRT
$10.7B
| $88.9M | 0.02% |
880,307
-22,499
| -2% | -$2.27M |
|
546
Capital Group Global Growth Equity ETF
CGGO
$11.4B
| $88.6M | 0.02% |
3,008,082
+715,131
| +31% | +$20.7M |
|
547
Aon
AON
$76.5B
| $88.5M | 0.02% |
301,307
-23,431
| -7% | -$6.93M |
|
548
ON Semiconductor
ON
$31.8B
| $88.2M | 0.02% |
1,286,693
+423,861
| +49% | +$29.7M |
|
549
Verisk Analytics
VRSK
$25.4B
| $87.9M | 0.02% |
326,084
+12,687
| +4% | +$3.1M |
|
550
Janus Henderson Short Duration Income ETF
VNLA
$3.32B
| $87.6M | 0.02% |
1,805,370
-69,100
| -4% | -$3.34M |
|
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.