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 |
Invesco QQQ Trust
QQQ
|
+$503M |
| 2 |
Chevron
CVX
|
+$472M |
| 3 |
Vanguard Long-Term Bond ETF
BLV
|
+$374M |
| 4 |
EOG Resources
EOG
|
+$354M |
| 5 |
ARK Innovation ETF
ARKK
|
+$253M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$5.2B |
| 2 |
M&T Bank
MTB
|
+$313M |
| 3 |
iShares Core 60/40 Balanced Allocation ETF
AOR
|
+$304M |
| 4 |
Apple
AAPL
|
+$197M |
| 5 |
iShares Core 80/20 Aggressive Allocation ETF
AOA
|
+$194M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.55% |
| 2 | Healthcare | 8.23% |
| 3 | Financials | 6.88% |
| 4 | Industrials | 6.54% |
| 5 | Consumer Discretionary | 5.29% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
601
Pacer Global Cash Cows Dividend ETF
GCOW
$3.45B
| $64.1M | 0.02% |
1,907,067
+379,180
| +25% | +$12.6M |
|
602
Simpson Manufacturing
SSD
$7.96B
| $63.6M | 0.02% |
579,624
+10,144
| +2% | +$1.06M |
|
603
CBRE Group
CBRE
$42.7B
| $63.5M | 0.02% |
871,922
+76,856
| +10% | +$6.28M |
|
604
CALL
Comcast
CMCSA
$89.3B
| $63.4M | 0.02% |
1,673,200
+280,600
| +20% | +$10.6M |
|
605
RBC Bearings
RBC
$17.9B
| $63.3M | 0.02% |
271,917
+7,181
| +3% | +$1.65M |
|
606
Labcorp
LH
$25.6B
| $63.2M | 0.02% |
320,653
-13,387
| -4% | -$2.75M |
|
607
Otis Worldwide
OTIS
$28.1B
| $63.2M | 0.02% |
748,771
-32,183
| -4% | -$2.66M |
|
608
First Trust Mid Cap Core AlphaDEX Fund
FNX
$1.4B
| $63.2M | 0.02% |
702,379
+16,890
| +2% | +$1.56M |
|
609
HubSpot
HUBS
$10.4B
| $63.2M | 0.02% |
147,349
+20,801
| +16% | +$7.59M |
|
610
First Trust Financials AlphaDEX Fund
FXO
$1.15B
| $63M | 0.02% |
1,686,852
-6,838
| -0.4% | -$289K |
|
611
Invesco S&P 500 High Dividend Low Volatility ETF
SPHD
$3.36B
| $62.8M | 0.02% |
1,487,539
-153,150
| -9% | -$6.67M |
|
612
MGM Resorts International
MGM
$11.4B
| $62.8M | 0.02% |
1,413,009
-256,588
| -15% | -$10.7M |
|
613
Carrier Global
CARR
$52.7B
| $62.1M | 0.02% |
1,357,792
-32,608
| -2% | -$1.46M |
|
614
Marriott Vacations Worldwide
VAC
$4.28B
| $62.1M | 0.02% |
460,290
+242,330
| +111% | +$36M |
|
615
Integra LifeSciences
IART
$1.33B
| $62M | 0.02% |
1,080,459
+108,583
| +11% | +$6.12M |
|
616
AB InBev
BUD
$165B
| $61.9M | 0.02% |
928,072
-130,234
| -12% | -$7.87M |
|
617
Vanguard Russell 1000 Value ETF
VONV
$21B
| $61.6M | 0.02% |
921,802
-22,115
| -2% | -$1.5M |
|
618
Lennox International
LII
$15.1B
| $61.4M | 0.02% |
244,499
+18,790
| +8% | +$4.74M |
|
619
Graco
GGG
$13.5B
| $61.4M | 0.02% |
840,961
-86,484
| -9% | -$6.01M |
|
620
State Street Blackstone Senior Loan ETF
SRLN
$5.33B
| $61.2M | 0.02% |
1,475,829
-345,439
| -19% | -$14.4M |
|
621
iShares MSCI Emerging Markets Min Vol Factor ETF
EEMV
$3.52B
| $60.8M | 0.02% |
1,114,665
-443,211
| -28% | -$24M |
|
622
State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
$4.75B
| $60.7M | 0.02% |
2,441,878
+32,253
| +1% | +$795K |
|
623
Invesco S&P MidCap Momentum ETF
XMMO
$7.41B
| $60.4M | 0.02% |
800,218
-45,632
| -5% | -$3.5M |
|
624
Vanguard Consumer Staples ETF
VDC
$7.98B
| $60.2M | 0.02% |
311,125
-29,891
| -9% | -$5.66M |
|
625
HEICO Corp Class A
HEI.A
$36.9B
| $60.2M | 0.02% |
442,852
+5,900
| +1% | +$782K |
|
Similar funds
Wells Fargo's Q1 2023 Portfolio in Review
As of Q1 2023, Wells Fargo held 7,943 positions worth $347B, up 4.2% from $333B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Wells Fargo's Q1 2023 filing shows 427 new, 3,865 increased, 2,015 reduced and 474 closed positions. Its largest new stake was GE HealthCare: 686,371 shares worth $56.3M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $5.2B.
By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 12% a quarter earlier, followed by Healthcare and Financials.
- Wells Fargo's largest Q1 2023 buy was GE HealthCare: 686,371 shares worth $56.3M.
- Wells Fargo added most to Invesco QQQ Trust in Q1 2023, an estimated $503M increase.
- Wells Fargo's biggest Q1 2023 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $5.2B.
- Wells Fargo fully exited STORE Capital Corporation in Q1 2023, selling an estimated $25.9M.
- Wells Fargo's ten largest holdings make up 17% of its $347B portfolio in Q1 2023.
- Wells Fargo opened 427 new positions and closed 474 in Q1 2023.
- Wells Fargo's portfolio value rose 4.2% quarter-over-quarter to $347B.
Based on Wells Fargo's 13F filing for Q1 2023, filed 12 May 2023.