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
|
+$790M |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$649M |
| 3 |
iShares Core MSCI EAFE ETF
IEFA
|
+$257M |
| 4 |
Amazon
AMZN
|
+$211M |
| 5 |
Vanguard Total Bond Market
BND
|
+$185M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$487M |
| 2 |
Microsoft
MSFT
|
+$287M |
| 3 |
Xtrackers USD High Yield Corporate Bond ETF
HYLB
|
+$162M |
| 4 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$144M |
| 5 |
Donaldson
DCI
|
+$137M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.38% |
| 2 | Healthcare | 7.44% |
| 3 | Financials | 7.25% |
| 4 | Industrials | 6.34% |
| 5 | Consumer Discretionary | 5.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
651
Pacer Global Cash Cows Dividend ETF
GCOW
$3.42B
| $61.8M | 0.02% |
1,803,598
-620,282
| -26% | -$20.3M |
|
652
Fortive
FTV
$18.5B
| $61.7M | 0.02% |
1,111,296
-37,081
| -3% | -$1.96M |
|
653
iShares US Healthcare ETF
IYH
$3.49B
| $61.1M | 0.02% |
1,067,460
-2,220
| -0.2% | -$121K |
|
654
State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
$4.75B
| $61M | 0.02% |
2,427,445
+48,226
| +2% | +$1.18M |
|
655
Vanguard Consumer Staples ETF
VDC
$7.99B
| $60.8M | 0.02% |
318,224
-64,882
| -17% | -$11.9M |
|
656
Moelis & Co
MC
$5.14B
| $60.5M | 0.02% |
1,077,545
-12,870
| -1% | -$605K |
|
657
Vanguard Morningstar Mega Cap Value ETF
MGV
$13.4B
| $60.4M | 0.02% |
552,615
+24,192
| +5% | +$2.5M |
|
658
Old Dominion Freight Line
ODFL
$44.8B
| $60.4M | 0.02% |
298,184
+23,640
| +9% | +$4.69M |
|
659
Arthur J. Gallagher & Co
AJG
$64.3B
| $60.2M | 0.02% |
267,495
+11,466
| +4% | +$2.72M |
|
660
Biogen
BIIB
$30.5B
| $59.9M | 0.02% |
231,451
+16,778
| +8% | +$4.12M |
|
661
iShares 0-5 Year TIPS Bond ETF
STIP
$15.8B
| $59.8M | 0.02% |
606,496
-285,917
| -32% | -$27.9M |
|
662
Avantis US Small Cap Value ETF
AVUV
$30.9B
| $59.7M | 0.02% |
664,550
+130,161
| +24% | +$10.4M |
|
663
iShares Expanded Tech-Software Sector ETF
IGV
$14.3B
| $59.5M | 0.02% |
733,900
+87,290
| +13% | +$6.46M |
|
664
Keysight
KEYS
$57.4B
| $59.1M | 0.02% |
371,750
+81,810
| +28% | +$11.1M |
|
665
Pultegroup
PHM
$25.3B
| $58.7M | 0.02% |
569,055
-70,145
| -11% | -$5.96M |
|
666
iShares Short-Term National Muni Bond ETF
SUB
$11.4B
| $58.6M | 0.02% |
555,478
-47,921
| -8% | -$4.98M |
|
667
iShares Global Tech ETF
IXN
$8.77B
| $58.1M | 0.02% |
851,709
-19,254
| -2% | -$1.21M |
|
668
iShares Russell 3000 ETF
IWV
$20.2B
| $58M | 0.02% |
211,841
+9,159
| +5% | +$2.34M |
|
669
Dollar General
DG
$28B
| $57.9M | 0.02% |
426,149
-33,888
| -7% | -$4.11M |
|
670
First Trust Health Care AlphaDEX Fund
FXH
$1.06B
| $57.8M | 0.02% |
558,229
-19,639
| -3% | -$1.89M |
|
671
Corpay
CPAY
$25.8B
| $57.8M | 0.02% |
204,501
-14,489
| -7% | -$3.6M |
|
672
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
$36.7B
| $57.3M | 0.02% |
1,229,380
+23,391
| +2% | +$1.01M |
|
673
Pacer Developed Markets International Cash Cows 100 ETF
ICOW
$1.83B
| $57.2M | 0.01% |
1,830,705
+312,973
| +21% | +$9.34M |
|
674
First Trust North American Energy Infrastructure Fund
EMLP
$4.08B
| $57.2M | 0.01% |
2,065,015
-52,946
| -2% | -$1.43M |
|
675
BHP
BHP
$227B
| $57.2M | 0.01% |
836,692
-33,915
| -4% | -$2.05M |
|
Similar funds
Wells Fargo's Q4 2023 Portfolio in Review
As of Q4 2023, Wells Fargo held 7,882 positions worth $383B, up 12% from $341B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Wells Fargo's Q4 2023 filing shows 408 new, 3,686 increased, 2,463 reduced and 394 closed positions. Its largest new stake was FT Vest US Equity Buffer ETF April: 1,231,825 shares worth $43.1M. The largest sale was Invesco QQQ Trust, an estimated $487M.
By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 14% a quarter earlier, followed by Healthcare and Financials.
- Wells Fargo's largest Q4 2023 buy was FT Vest US Equity Buffer ETF April: 1,231,825 shares worth $43.1M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q4 2023, an estimated $790M increase.
- Wells Fargo's biggest Q4 2023 reduction was Invesco QQQ Trust, cutting an estimated $487M.
- Wells Fargo fully exited Activision Blizzard in Q4 2023, selling an estimated $65.2M.
- Wells Fargo's ten largest holdings make up 18% of its $383B portfolio in Q4 2023.
- Wells Fargo opened 408 new positions and closed 394 in Q4 2023.
- Wells Fargo's portfolio value rose 12% quarter-over-quarter to $383B.
Based on Wells Fargo's 13F filing for Q4 2023, filed 9 Feb 2024.