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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.29B |
| 2 |
iShares Core MSCI EAFE ETF
IEFA
|
+$1.37B |
| 3 |
Invesco QQQ Trust
QQQ
|
+$642M |
| 4 |
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
|
+$498M |
| 5 |
Nike
NKE
|
+$221M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Morningstar Mid-Cap ETF
VO
|
+$1.24B |
| 2 |
Clorox
CLX
|
+$326M |
| 3 |
Walmart Inc
WMT
|
+$228M |
| 4 |
iShares Russell Mid-Cap ETF
IWR
|
+$152M |
| 5 |
Microsoft
MSFT
|
+$151M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.61% |
| 2 | Healthcare | 8.1% |
| 3 | Financials | 6.84% |
| 4 | Industrials | 6.48% |
| 5 | Consumer Discretionary | 5.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PPL
601
PPL Corp
PPL
$26.4B
| $64.9M | 0.02% |
2,453,452
-28,939
| -1% | -$798K |
|
602
iShares US Healthcare ETF
IYH
$3.43B
| $64.8M | 0.02% |
1,156,220
-23,685
| -2% | -$1.32M |
|
|
BSCN
603
DELISTED
Invesco BulletShares 2023 Corporate Bond ETF
BSCN
| $64.8M | 0.02% |
3,060,313
-452,513
| -13% | -$9.57M |
|
604
Delta Air Lines
DAL
$59.9B
| $64.7M | 0.02% |
1,361,462
+317,090
| +30% | +$11.7M |
|
605
CALL
Comcast
CMCSA
$87.3B
| $64.7M | 0.02% |
1,556,300
-116,900
| -7% | -$4.64M |
|
606
First Trust Senior Loan Fund ETF
FTSL
$2.32B
| $64.4M | 0.02% |
1,421,537
-591,858
| -29% | -$26.7M |
|
607
Thor Industries
THO
$3.99B
| $64.3M | 0.02% |
620,955
-324
| -0.1% | -$27.4K |
|
608
Vanguard Russell 1000 Value ETF
VONV
$20.8B
| $63.9M | 0.02% |
923,606
+1,804
| +0.2% | +$121K |
|
609
GXO Logistics
GXO
$5.71B
| $63.4M | 0.02% |
1,009,932
+81,960
| +9% | +$4.6M |
|
610
iShares MSCI USA Momentum Factor ETF
MTUM
$25.4B
| $63.4M | 0.02% |
439,704
-114,409
| -21% | -$16.1M |
|
611
iShares MSCI India ETF
INDA
$6.6B
| $63.3M | 0.02% |
1,449,301
+45,080
| +3% | +$1.87M |
|
612
HDFC Bank
HDB
$123B
| $63.1M | 0.02% |
1,809,896
+7,252
| +0.4% | +$245K |
|
613
Vanguard International Dividend Appreciation ETF
VIGI
$9.08B
| $62.9M | 0.02% |
837,975
+158,293
| +23% | +$11.9M |
|
614
CarMax
KMX
$8.19B
| $62.8M | 0.02% |
750,636
+67
| +0% | +$4.91K |
|
615
iShares 10-20 Year Treasury Bond ETF
TLH
$10.8B
| $62.7M | 0.02% |
566,257
+149,231
| +36% | +$16.7M |
|
616
Fortive
FTV
$18B
| $62.6M | 0.02% |
1,110,718
-7,232
| -0.6% | -$365K |
|
617
PUT
State Street Financial Select Sector SPDR ETF
XLF
$57.7B
| $62.5M | 0.02% |
1,853,600
-813,400
| -30% | -$26.5M |
|
618
State Street SPDR S&P Regional Banking ETF
KRE
$4.67B
| $62.4M | 0.02% |
1,528,120
+47,164
| +3% | +$1.94M |
|
619
ScottsMiracle-Gro
SMG
$3.93B
| $62.2M | 0.02% |
992,285
+40,249
| +4% | +$2.7M |
|
620
Illumina
ILMN
$30.5B
| $62.1M | 0.02% |
340,708
+14,482
| +4% | +$2.93M |
|
621
Capital Group International Focus Equity ETF
CGXU
$6.26B
| $62.1M | 0.02% |
2,641,916
+1,017,494
| +63% | +$23.7M |
|
622
Newmont
NEM
$99.5B
| $61.8M | 0.02% |
1,447,753
-359,955
| -20% | -$16.3M |
|
623
MGM Resorts International
MGM
$11.4B
| $61.7M | 0.02% |
1,404,737
-8,272
| -0.6% | -$353K |
|
624
State Street SPDR Portfolio Emerging Markets ETF
SPEM
$17.3B
| $61.6M | 0.02% |
1,791,010
+84,032
| +5% | +$2.87M |
|
625
State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF
SPTM
$13.7B
| $61.5M | 0.02% |
1,129,600
+113,639
| +11% | +$5.86M |
|
Similar funds
Wells Fargo's Q2 2023 Portfolio in Review
As of Q2 2023, Wells Fargo held 7,830 positions worth $362B, up 4.4% from $347B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Wells Fargo's Q2 2023 filing shows 390 new, 3,912 increased, 2,324 reduced and 274 closed positions. Its largest new stake was State Street SPDR US Large Cap Low Volatility Index ETF: 257,436 shares worth $36.2M. The largest sale was Vanguard Morningstar Mid-Cap ETF, an estimated $1.24B.
By sector, the portfolio is most concentrated in Technology at 15% of assets, up from 14% a quarter earlier, followed by Healthcare and Financials.
- Wells Fargo's largest Q2 2023 buy was State Street SPDR US Large Cap Low Volatility Index ETF: 257,436 shares worth $36.2M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q2 2023, an estimated $3.29B increase.
- Wells Fargo's biggest Q2 2023 reduction was Vanguard Morningstar Mid-Cap ETF, cutting an estimated $1.24B.
- Wells Fargo fully exited ABB Ltd in Q2 2023, selling an estimated $67.4M.
- Wells Fargo's ten largest holdings make up 18% of its $362B portfolio in Q2 2023.
- Wells Fargo opened 390 new positions and closed 274 in Q2 2023.
- Wells Fargo's portfolio value rose 4.4% quarter-over-quarter to $362B.
Based on Wells Fargo's 13F filing for Q2 2023, filed 15 Aug 2023.