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 |
iShares Core MSCI EAFE ETF
IEFA
|
+$731M |
| 2 |
Amazon
AMZN
|
+$442M |
| 3 |
S&P Global
SPGI
|
+$385M |
| 4 |
ARK Innovation ETF
ARKK
|
+$253M |
| 5 |
UnitedHealth
UNH
|
+$245M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.71B |
| 2 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$1.05B |
| 3 |
Apple
AAPL
|
+$629M |
| 4 |
US Bancorp
USB
|
+$575M |
| 5 |
Microsoft
MSFT
|
+$443M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.15% |
| 2 | Healthcare | 8.09% |
| 3 | Financials | 7.18% |
| 4 | Industrials | 6.24% |
| 5 | Consumer Discretionary | 5.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
626
CALL
T-Mobile US
TMUS
$186B
| $57.4M | 0.02% |
+410,000
| New | +$56.8M |
|
627
Lamb Weston
LW
$7.33B
| $57.3M | 0.02% |
619,533
+36,091
| +6% | +$3.66M |
|
628
CALL
iShares MSCI EAFE ETF
EFA
$79.4B
| $57M | 0.02% |
826,800
+300
| +0% | +$21.5K |
|
629
Schwab International Equity ETF
SCHF
$68.2B
| $57M | 0.02% |
3,354,216
+324,478
| +11% | +$5.73M |
|
|
WBA
630
DELISTED
Walgreens Boots Alliance
WBA
| $56.7M | 0.02% |
2,547,943
-7,159,963
| -74% | -$190M |
|
631
iShares US Small Cap Equity Factor ETF
SMLF
$4.23B
| $56.3M | 0.02% |
1,089,303
+22,122
| +2% | +$1.2M |
|
632
Old Dominion Freight Line
ODFL
$44.8B
| $56.2M | 0.02% |
274,544
-51,240
| -16% | -$10.4M |
|
633
Allstate
ALL
$68.1B
| $56.1M | 0.02% |
503,965
-17,551
| -3% | -$1.92M |
|
634
First Trust Health Care AlphaDEX Fund
FXH
$1.06B
| $56.1M | 0.02% |
577,868
-60,248
| -9% | -$6.25M |
|
635
First Trust North American Energy Infrastructure Fund
EMLP
$4.08B
| $56M | 0.02% |
2,117,961
-91,459
| -4% | -$2.51M |
|
636
Corpay
CPAY
$25.8B
| $55.9M | 0.02% |
218,990
-18,436
| -8% | -$4.82M |
|
|
BSCN
637
DELISTED
Invesco BulletShares 2023 Corporate Bond ETF
BSCN
| $55.6M | 0.02% |
2,620,153
-440,160
| -14% | -$9.34M |
|
638
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$10.7B
| $55.6M | 0.02% |
1,895,069
-1,680,793
| -47% | -$49.4M |
|
639
CALL
PNC Financial Services
PNC
$102B
| $55.2M | 0.02% |
+450,000
| New | +$56.6M |
|
640
Biogen
BIIB
$30.5B
| $55.2M | 0.02% |
214,673
-35,155
| -14% | -$9.4M |
|
641
Xtrackers MSCI EAFE Hedged Equity ETF
DBEF
$9.31B
| $55.2M | 0.02% |
1,580,700
+272,187
| +21% | +$9.56M |
|
|
CTRA
642
DELISTED
Coterra Energy
CTRA
| $54.9M | 0.02% |
2,028,142
-284,045
| -12% | -$7.74M |
|
643
Choice Hotels
CHH
$5.09B
| $54.8M | 0.02% |
447,083
+81,605
| +22% | +$10.3M |
|
644
iShares MSCI USA Momentum Factor ETF
MTUM
$26.3B
| $54.7M | 0.02% |
391,862
-47,842
| -11% | -$6.91M |
|
645
PUT
United Parcel Service
UPS
$91.5B
| $54.6M | 0.02% |
350,400
+349,100
| +26,854% | +$60.3M |
|
646
VanEck Semiconductor ETF
SMH
$71.6B
| $54M | 0.02% |
372,643
+27,968
| +8% | +$4.24M |
|
647
Fidelity National Information Services
FIS
$22.1B
| $53.7M | 0.02% |
971,003
+40,697
| +4% | +$2.34M |
|
648
Invesco S&P 500 Equal Weight Technology ETF
RSPT
$5.8B
| $53.6M | 0.02% |
1,904,762
+96,162
| +5% | +$2.81M |
|
649
Vanguard Morningstar Mega Cap Value ETF
MGV
$13.4B
| $53.6M | 0.02% |
528,423
+12,444
| +2% | +$1.3M |
|
650
ScottsMiracle-Gro
SMG
$3.85B
| $53.6M | 0.02% |
1,036,330
+44,045
| +4% | +$2.55M |
|
Similar funds
Wells Fargo's Q3 2023 Portfolio in Review
As of Q3 2023, Wells Fargo held 7,828 positions worth $341B, down 5.8% from $362B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Wells Fargo's Q3 2023 filing shows 318 new, 2,125 increased, 4,030 reduced and 353 closed positions. Its largest new stake was TKO Group: 129,045 shares worth $10.8M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $3.71B.
By sector, the portfolio is most concentrated in Technology at 14% of assets, down from 15% a quarter earlier, followed by Healthcare and Financials.
- Wells Fargo's largest Q3 2023 buy was TKO Group: 129,045 shares worth $10.8M.
- Wells Fargo added most to iShares Core MSCI EAFE ETF in Q3 2023, an estimated $731M increase.
- Wells Fargo's biggest Q3 2023 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $3.71B.
- Wells Fargo fully exited PG&E Corporation in Q3 2023, selling an estimated $86.2M.
- Wells Fargo's ten largest holdings make up 18% of its $341B portfolio in Q3 2023.
- Wells Fargo opened 318 new positions and closed 353 in Q3 2023.
- Wells Fargo's portfolio value fell 5.8% quarter-over-quarter to $341B.
Based on Wells Fargo's 13F filing for Q3 2023, filed 13 Nov 2023.