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
|
+$506M |
| 2 |
Microsoft
MSFT
|
+$336M |
| 3 |
Amazon
AMZN
|
+$287M |
| 4 |
Apple
AAPL
|
+$269M |
| 5 |
Meta Platforms (Facebook)
META
|
+$233M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Air Products & Chemicals
APD
|
+$425M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$334M |
| 3 |
United Parcel Service
UPS
|
+$148M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$128M |
| 5 |
Vanguard Morningstar Mid-Cap ETF
VO
|
+$124M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.28% |
| 2 | Financials | 7.45% |
| 3 | Healthcare | 7.23% |
| 4 | Industrials | 6.23% |
| 5 | Consumer Discretionary | 5.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
601
Landstar System
LSTR
$5.93B
| $74.8M | 0.02% |
405,560
-9,874
| -2% | -$1.78M |
|
602
Chemed
CHE
$7.07B
| $74.3M | 0.02% |
136,899
-7,524
| -5% | -$4.31M |
|
603
PUT
KLA
KLAC
$239B
| $74.2M | 0.02% |
900,000
| – | – |
|
604
Huntington Bancshares
HBAN
$34.4B
| $74.1M | 0.02% |
5,621,075
-202,542
| -3% | -$2.72M |
|
605
Vanguard Emerging Markets Government Bond ETF
VWOB
$6.15B
| $74M | 0.02% |
1,176,467
-92,906
| -7% | -$5.86M |
|
606
State Street SPDR Portfolio Emerging Markets ETF
SPEM
$17.2B
| $74M | 0.02% |
1,964,399
-200,392
| -9% | -$7.46M |
|
607
CBRE Group
CBRE
$42.5B
| $74M | 0.02% |
830,409
+14,244
| +2% | +$1.26M |
|
608
Pacer Developed Markets International Cash Cows 100 ETF
ICOW
$1.81B
| $73.7M | 0.02% |
2,426,920
+173,045
| +8% | +$5.53M |
|
609
iShares Global Tech ETF
IXN
$8.32B
| $73.6M | 0.02% |
889,200
+44,963
| +5% | +$3.43M |
|
|
NEE.PRS
610
NextEra Energy 7.299% Corporate Units
NEE.PRS
$2.13B
| $73.6M | 0.02% |
+1,487,927
| New | +$74.7M |
|
611
GE Vernova
GEV
$264B
| $73.1M | 0.02% |
+426,087
| New | +$67.5M |
|
612
VanEck IG Floating Rate ETF
FLTR
$2.94B
| $72.7M | 0.02% |
2,850,084
+92,360
| +3% | +$2.35M |
|
|
PPL
613
PPL Corp
PPL
$26.5B
| $72.5M | 0.02% |
2,621,419
-51,372
| -2% | -$1.44M |
|
614
National Grid
NGG
$80.4B
| $72.2M | 0.02% |
1,349,719
-19,140
| -1% | -$1.15M |
|
615
HP
HPQ
$24.9B
| $72.1M | 0.02% |
2,058,955
+149,177
| +8% | +$4.73M |
|
616
iShares Expanded Tech-Software Sector ETF
IGV
$13.4B
| $71.8M | 0.02% |
826,427
-124,479
| -13% | -$10.2M |
|
617
State Street Real Estate Select Sector SPDR ETF
XLRE
$8.55B
| $71.8M | 0.02% |
1,868,651
-116,450
| -6% | -$4.39M |
|
618
Idexx Laboratories
IDXX
$44.1B
| $71.7M | 0.02% |
147,147
+55,233
| +60% | +$27.7M |
|
619
iShares iBonds Dec 2031 Term Corporate ETF
IBDW
$2.49B
| $70.9M | 0.02% |
3,496,104
+2,110,233
| +152% | +$42.6M |
|
620
Rockwell Automation
ROK
$53.4B
| $70.9M | 0.02% |
257,529
-55,042
| -18% | -$14.9M |
|
621
iShares Russell Top 200 Growth ETF
IWY
$15.9B
| $70.8M | 0.02% |
330,110
+21,656
| +7% | +$4.32M |
|
622
Live Nation Entertainment
LYV
$40.6B
| $70.5M | 0.02% |
752,237
+4,813
| +0.6% | +$455K |
|
623
iShares iBonds Dec 2026 Term Corporate ETF
IBDR
$3.44B
| $70.5M | 0.02% |
2,958,990
+1,611,798
| +120% | +$38.3M |
|
624
Exponent
EXPO
$3.24B
| $70.5M | 0.02% |
740,962
+6,622
| +0.9% | +$597K |
|
625
Kraft Heinz
KHC
$30.7B
| $70M | 0.02% |
2,173,552
-60,954
| -3% | -$2.17M |
|
Similar funds
Wells Fargo's Q2 2024 Portfolio in Review
As of Q2 2024, Wells Fargo held 7,784 positions worth $412B, down 0.64% from $415B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Wells Fargo's Q2 2024 filing shows 385 new, 3,309 increased, 2,368 reduced and 948 closed positions. Its largest new stake was NextEra Energy 7.299% Corporate Units: 1,487,927 shares worth $73.6M. The largest sale was Air Products & Chemicals, an estimated $425M.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 14% a quarter earlier, followed by Financials and Healthcare.
- Wells Fargo's largest Q2 2024 buy was NextEra Energy 7.299% Corporate Units: 1,487,927 shares worth $73.6M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q2 2024, an estimated $506M increase.
- Wells Fargo's biggest Q2 2024 reduction was Air Products & Chemicals, cutting an estimated $425M.
- Wells Fargo fully exited Pioneer Natural Resource Co. in Q2 2024, selling an estimated $88.9M.
- Wells Fargo's ten largest holdings make up 19% of its $412B portfolio in Q2 2024.
- Wells Fargo opened 385 new positions and closed 948 in Q2 2024.
- Wells Fargo's portfolio value fell 0.64% quarter-over-quarter to $412B.
Based on Wells Fargo's 13F filing for Q2 2024, filed 13 Aug 2024.