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 | |
|---|---|---|---|---|---|---|
576
Allstate
ALL
$67.6B
| $62.7M | 0.02% |
494,534
-42,803
| -8% | -$5.61M |
|
577
Global Payments
GPN
$23.5B
| $62.6M | 0.02% |
565,661
-152,362
| -21% | -$19.3M |
|
578
Emcor
EME
$35.9B
| $62.3M | 0.02% |
604,670
-38,750
| -6% | -$4.14M |
|
579
iShares US Equity Factor ETF
LRGF
$3.63B
| $62.1M | 0.02% |
1,639,651
-46,253
| -3% | -$1.9M |
|
580
Graco
GGG
$13B
| $61.9M | 0.02% |
1,041,831
-82,600
| -7% | -$5.19M |
|
581
iShares MSCI USA Value Factor ETF
VLUE
$9.19B
| $61.7M | 0.02% |
682,021
-297,459
| -30% | -$29.4M |
|
582
International Paper
IP
$22.1B
| $61.6M | 0.02% |
1,473,477
-152,779
| -9% | -$7.09M |
|
583
CALL
iShares MSCI Emerging Markets ETF
EEM
$28.9B
| $61.2M | 0.02% |
+1,525,000
| New | +$64M |
|
584
State Street SPDR Dow Jones International Real Estate ETF
RWX
$268M
| $61.1M | 0.02% |
2,165,299
-218,747
| -9% | -$6.83M |
|
585
Vanguard FTSE All-World ex-US ETF
VEU
$66.9B
| $61.1M | 0.02% |
1,222,752
+29,492
| +2% | +$1.58M |
|
|
XYZ
586
Block Inc
XYZ
$48.7B
| $61.1M | 0.02% |
993,648
-100,680
| -9% | -$9.2M |
|
587
PUT
SPDR Gold Trust
GLD
$131B
| $61.1M | 0.02% |
362,500
+120,300
| +50% | +$21M |
|
588
Allegion
ALLE
$13.7B
| $60.9M | 0.02% |
621,881
-31,419
| -5% | -$3.41M |
|
589
iShares US Energy ETF
IYE
$1.74B
| $60.7M | 0.02% |
1,593,062
-292
| -0% | -$12.4K |
|
590
Vanguard Communication Services ETF
VOX
$5.78B
| $60.7M | 0.02% |
645,357
-204,748
| -24% | -$21.3M |
|
591
iShares MSCI Italy ETF
EWI
$1.05B
| $60.6M | 0.02% |
2,517,707
-35,777
| -1% | -$979K |
|
592
First Trust Consumer Staples AlphaDEX Fund
FXG
$226M
| $60.6M | 0.02% |
987,584
+717,077
| +265% | +$45.9M |
|
593
Keysight
KEYS
$55.3B
| $60.5M | 0.02% |
439,074
-85,335
| -16% | -$12.1M |
|
594
First Trust North American Energy Infrastructure Fund
EMLP
$4.12B
| $60.5M | 0.02% |
2,351,254
+28,671
| +1% | +$780K |
|
595
AvalonBay Communities
AVB
$26.8B
| $60.4M | 0.02% |
311,151
-86,461
| -22% | -$18.7M |
|
596
Snowflake
SNOW
$107B
| $60.4M | 0.02% |
434,336
+153,398
| +55% | +$24.3M |
|
597
State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF
SPTM
$13.8B
| $60.3M | 0.02% |
1,298,184
-331,669
| -20% | -$16.7M |
|
598
Globus Medical
GMED
$11B
| $60.1M | 0.02% |
1,070,469
+462,234
| +76% | +$30.4M |
|
599
AB InBev
BUD
$166B
| $60M | 0.02% |
1,111,250
-98,328
| -8% | -$5.52M |
|
600
Global X NASDAQ-100 Covered Call ETF
QYLD
$8.16B
| $59.9M | 0.02% |
3,429,935
+868,743
| +34% | +$16.4M |
|
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.