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 |
Broadcom
AVGO
|
+$876M |
| 2 |
iShares Core S&P Total US Stock Market ETF
ITOT
|
+$854M |
| 3 |
iShares Broad USD High Yield Corporate Bond ETF
USHY
|
+$377M |
| 4 |
Amazon
AMZN
|
+$362M |
| 5 |
NVIDIA
NVDA
|
+$332M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core US Aggregate Bond ETF
AGG
|
+$721M |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$567M |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$527M |
| 4 |
Norfolk Southern
NSC
|
+$498M |
| 5 |
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
|
+$481M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 15.85% |
| 2 | Financials | 7.71% |
| 3 | Healthcare | 7.11% |
| 4 | Industrials | 6.24% |
| 5 | Consumer Discretionary | 5.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
576
First Trust Mid Cap Core AlphaDEX Fund
FNX
$1.4B
| $87.7M | 0.02% |
748,935
+269
| +0% | +$30.3K |
|
577
Vanguard Short-Term Inflation-Protected Securities Index Fund
VTIP
$19.1B
| $87.5M | 0.02% |
1,775,117
-243,654
| -12% | -$11.9M |
|
578
First Trust Exchange-Traded Fund IV First Trust Tactical High Yield ETF
HYLS
$1.63B
| $87.5M | 0.02% |
2,085,608
-183,195
| -8% | -$7.58M |
|
579
Janus Henderson Short Duration Income ETF
VNLA
$3.35B
| $87.3M | 0.02% |
1,779,267
-26,103
| -1% | -$1.27M |
|
580
Packaging Corp of America
PKG
$22.8B
| $86.7M | 0.02% |
402,277
+25,632
| +7% | +$5.09M |
|
581
American International
AIG
$42.5B
| $86.4M | 0.02% |
1,180,125
-138,201
| -10% | -$10.3M |
|
582
Halliburton
HAL
$26.6B
| $86.4M | 0.02% |
2,973,299
+537,913
| +22% | +$17M |
|
583
National Grid
NGG
$80.7B
| $86.1M | 0.02% |
1,312,065
-37,654
| -3% | -$2.31M |
|
584
FTI Consulting
FCN
$4.23B
| $85.4M | 0.02% |
375,372
-4,207
| -1% | -$935K |
|
585
Zurn Elkay Water Solutions
ZWS
$8.75B
| $85.3M | 0.02% |
2,373,916
-5,831
| -0.2% | -$184K |
|
586
Spotify
SPOT
$99.2B
| $84.9M | 0.02% |
230,277
+12,770
| +6% | +$4.25M |
|
587
Chemed
CHE
$7.14B
| $84.9M | 0.02% |
141,210
+4,311
| +3% | +$2.44M |
|
588
SBA Communications
SBAC
$18.9B
| $84.8M | 0.02% |
352,198
+76,405
| +28% | +$16.9M |
|
589
Exponent
EXPO
$3.24B
| $84.7M | 0.02% |
735,006
-5,956
| -0.8% | -$623K |
|
590
CALL
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$33B
| $84.7M | 0.02% |
749,900
-1,050,100
| -58% | -$116M |
|
591
CALL
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46.7B
| $84.6M | 0.02% |
+200,000
| New | +$81.3M |
|
592
Fidelity National Information Services
FIS
$22.1B
| $84.1M | 0.02% |
1,004,611
-9,431
| -0.9% | -$745K |
|
593
Simplify MBS ETF
MTBA
$1.52B
| $83.8M | 0.02% |
1,628,641
+787,352
| +94% | +$40.4M |
|
594
Super Micro Computer
SMCI
$19.6B
| $83.4M | 0.02% |
2,002,100
+447,080
| +29% | +$27.2M |
|
595
Vanguard Long-Term Treasury ETF
VGLT
$10.1B
| $83.3M | 0.02% |
1,354,040
-220,178
| -14% | -$13.3M |
|
596
Iron Mountain
IRM
$37.8B
| $83.2M | 0.02% |
700,037
+14,438
| +2% | +$1.54M |
|
597
LCI Industries
LCII
$2.61B
| $83M | 0.02% |
688,297
+35,597
| +5% | +$4.02M |
|
598
Vanguard Russell 1000 Value ETF
VONV
$21.1B
| $82.8M | 0.02% |
993,821
+222,555
| +29% | +$17.8M |
|
599
Zscaler
ZS
$26.1B
| $82.8M | 0.02% |
484,438
+7,495
| +2% | +$1.37M |
|
600
First Trust Smith Unconstrained Bond ETF
UCON
$3.28B
| $82.7M | 0.02% |
3,290,173
+2,369,585
| +257% | +$59M |
|
Similar funds
Wells Fargo's Q3 2024 Portfolio in Review
As of Q3 2024, Wells Fargo held 7,190 positions worth $442B, up 7.1% from $412B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Wells Fargo's Q3 2024 filing shows 420 new, 2,836 increased, 2,619 reduced and 375 closed positions. Its largest new stake was Astoria US Quality Kings ETF: 614,874 shares worth $18.9M. The largest sale was iShares Core US Aggregate Bond ETF, an estimated $721M.
By sector, the portfolio is most concentrated in Technology at 16% of assets, down from 16% a quarter earlier, followed by Financials and Healthcare.
- Wells Fargo's largest Q3 2024 buy was Astoria US Quality Kings ETF: 614,874 shares worth $18.9M.
- Wells Fargo added most to Broadcom in Q3 2024, an estimated $876M increase.
- Wells Fargo's biggest Q3 2024 reduction was iShares Core US Aggregate Bond ETF, cutting an estimated $721M.
- Wells Fargo fully exited FT Vest US Equity Buffer ETF December in Q3 2024, selling an estimated $41.8M.
- Wells Fargo's ten largest holdings make up 18% of its $442B portfolio in Q3 2024.
- Wells Fargo opened 420 new positions and closed 375 in Q3 2024.
- Wells Fargo's portfolio value rose 7.1% quarter-over-quarter to $442B.
Based on Wells Fargo's 13F filing for Q3 2024, filed 13 Nov 2024.