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
| 1 |
SPDR Gold Trust
GLD
|
+$585M |
| 2 |
iShares Core US Aggregate Bond ETF
AGG
|
+$470M |
| 3 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$469M |
| 4 |
Vanguard Total Bond Market
BND
|
+$435M |
| 5 |
iShares Russell 2000 ETF
IWM
|
+$280M |
Top Sells
| 1 |
iShares Core S&P Small-Cap ETF
IJR
|
+$317M |
| 2 |
Goldman Sachs
GS
|
+$237M |
| 3 |
IBM
IBM
|
+$232M |
| 4 |
STI
SunTrust Banks, Inc.
STI
|
+$232M |
| 5 |
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
|
+$210M |
Sector Composition
| 1 | Healthcare | 10.14% |
| 2 | Technology | 9.91% |
| 3 | Industrials | 8.77% |
| 4 | Financials | 8.24% |
| 5 | Consumer Discretionary | 7.42% |
