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 | |
|---|---|---|---|---|---|---|
|
601
PUT
State Street Financial Select Sector SPDR ETF
XLF
$57.7B
| $59.9M | 0.02% |
1,903,700
| – | – |
|
602
First Trust NASDAQ Technology Dividend Index Fund
TDIV
$4.23B
| $59.6M | 0.02% |
1,188,852
+22,108
| +2% | +$1.2M |
|
603
National Grid
NGG
$80B
| $59.5M | 0.02% |
993,168
-13,541
| -1% | -$896K |
|
604
Otis Worldwide
OTIS
$27.4B
| $59.5M | 0.02% |
841,511
-89,025
| -10% | -$6.56M |
|
605
State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
$4.74B
| $59.3M | 0.02% |
2,458,825
+365,567
| +17% | +$9.23M |
|
606
Packaging Corp of America
PKG
$22B
| $58.9M | 0.02% |
428,286
-25,926
| -6% | -$4.01M |
|
607
iShares Global Tech ETF
IXN
$8.4B
| $58.8M | 0.02% |
1,287,552
-135,446
| -10% | -$6.84M |
|
608
Weyerhaeuser
WY
$18.1B
| $58.8M | 0.02% |
1,774,776
-518,773
| -23% | -$19.8M |
|
609
Baxter International
BAX
$14.4B
| $58.6M | 0.02% |
912,053
-76,005
| -8% | -$5.52M |
|
610
Exelon
EXC
$47B
| $58.5M | 0.02% |
1,291,349
-346,907
| -21% | -$16.3M |
|
611
Invesco S&P 500 High Dividend Low Volatility ETF
SPHD
$3.37B
| $58.4M | 0.02% |
1,323,882
+175,149
| +15% | +$8.16M |
|
612
Vanguard Morningstar Mega Cap Value ETF
MGV
$13.2B
| $57.8M | 0.02% |
600,961
+82,791
| +16% | +$8.48M |
|
|
DOCU
613
DocuSign
DOCU
$10.7B
| $57.7M | 0.02% |
1,005,450
-25,528
| -2% | -$2.07M |
|
614
Atlassian
TEAM
$26.5B
| $57.6M | 0.02% |
307,621
-55,725
| -15% | -$11.9M |
|
615
Invesco Dorsey Wright Momentum ETF
PDP
$1.46B
| $57.4M | 0.02% |
842,526
-66,472
| -7% | -$4.98M |
|
616
Interactive Brokers
IBKR
$38.9B
| $57.3M | 0.02% |
4,167,520
-163,768
| -4% | -$2.43M |
|
617
Albemarle
ALB
$14B
| $57.3M | 0.02% |
274,210
-26,452
| -9% | -$5.9M |
|
618
Oneok
OKE
$55.5B
| $57.1M | 0.02% |
1,029,294
-165,162
| -14% | -$10.7M |
|
619
Agilent Technologies
A
$39.3B
| $56.8M | 0.02% |
478,487
-85,930
| -15% | -$10.6M |
|
620
iShares ESG Aware MSCI EAFE ETF
ESGD
$12B
| $56.8M | 0.02% |
905,334
-23,737
| -3% | -$1.62M |
|
621
Charter Communications
CHTR
$17.3B
| $56.7M | 0.02% |
121,115
-48,971
| -29% | -$23.9M |
|
622
First Trust Consumer Discretionary AlphaDEX Fund
FXD
$272M
| $56.7M | 0.02% |
1,267,228
-1,173,076
| -48% | -$58.7M |
|
623
Regions Financial
RF
$26.7B
| $56.7M | 0.02% |
3,023,005
+1,736,263
| +135% | +$35.8M |
|
624
State Street SPDR S&P Biotech ETF
XBI
$9.59B
| $56.5M | 0.02% |
760,515
-151,125
| -17% | -$11.3M |
|
625
iShares US Healthcare ETF
IYH
$3.43B
| $56.5M | 0.02% |
1,049,650
+101,010
| +11% | +$5.55M |
|
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.