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 |
Starbucks
SBUX
|
+$853M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$805M |
| 3 |
Zoetis
ZTS
|
+$650M |
| 4 |
iShares Core US Aggregate Bond ETF
AGG
|
+$391M |
| 5 |
iShares Core Universal USD Bond ETF
IUSB
|
+$177M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.03B |
| 2 |
Amazon
AMZN
|
+$772M |
| 3 |
Becton Dickinson
BDX
|
+$486M |
| 4 |
Medtronic
MDT
|
+$440M |
| 5 |
Vanguard Long-Term Bond ETF
BLV
|
+$373M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.37% |
| 2 | Financials | 7.47% |
| 3 | Healthcare | 7.23% |
| 4 | Industrials | 6.4% |
| 5 | Consumer Discretionary | 5.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
651
iShares International Select Dividend ETF
IDV
$8.48B
| $67.2M | 0.02% |
2,395,241
-34,509
| -1% | -$953K |
|
652
Constellation Energy
CEG
$93.2B
| $67.1M | 0.02% |
362,820
-1,906
| -0.5% | -$271K |
|
653
State Street SPDR Bloomberg Short Term High Yield Bond ETF
SJNK
$4.75B
| $67M | 0.02% |
2,655,691
+228,246
| +9% | +$5.74M |
|
654
Bright Horizons
BFAM
$3.89B
| $66.8M | 0.02% |
589,570
+15,510
| +3% | +$1.64M |
|
655
Digital Realty Trust
DLR
$71.3B
| $66.4M | 0.02% |
460,894
-1,354,225
| -75% | -$191M |
|
656
Occidental Petroleum
OXY
$55.7B
| $66.4M | 0.02% |
1,020,963
+144,937
| +17% | +$8.66M |
|
657
First Trust NYSE Arca Biotechnology Index Fund
FBT
$2.74B
| $66.2M | 0.02% |
430,380
+34,083
| +9% | +$5.2M |
|
658
Otis Worldwide
OTIS
$28.1B
| $66.2M | 0.02% |
666,392
+39,535
| +6% | +$3.65M |
|
659
Capital Group Global Growth Equity ETF
CGGO
$11.7B
| $66M | 0.02% |
2,292,951
+920,150
| +67% | +$25M |
|
660
BCE
BCE
$21.2B
| $66M | 0.02% |
1,941,597
+158,285
| +9% | +$6.02M |
|
661
British American Tobacco
BTI
$127B
| $65.5M | 0.02% |
2,149,019
-200,841
| -9% | -$6.04M |
|
|
PARA
662
DELISTED
Paramount Global Class B
PARA
| $65.3M | 0.02% |
5,545,193
+1,963,552
| +55% | +$24.7M |
|
663
Ares Capital
ARCC
$14.1B
| $65.2M | 0.02% |
3,133,312
+14,034
| +0.4% | +$284K |
|
664
Raymond James Financial
RJF
$34.4B
| $65M | 0.02% |
506,219
+39,601
| +8% | +$4.61M |
|
665
Public Service Enterprise Group
PEG
$37.4B
| $64.5M | 0.02% |
965,297
+37,426
| +4% | +$2.29M |
|
666
Pultegroup
PHM
$24.7B
| $64.2M | 0.02% |
532,361
-36,694
| -6% | -$3.94M |
|
667
CALL
ExxonMobil
XOM
$642B
| $63.9M | 0.02% |
549,700
-394,400
| -42% | -$41.3M |
|
668
ON Semiconductor
ON
$18.6B
| $63.5M | 0.02% |
862,832
-207,615
| -19% | -$15.9M |
|
669
State Street SPDR Portfolio Short Term Treasury ETF
SPTS
$6.11B
| $63.4M | 0.02% |
2,191,820
+628,179
| +40% | +$18.2M |
|
670
Old Dominion Freight Line
ODFL
$44B
| $63.4M | 0.02% |
288,890
-9,294
| -3% | -$1.94M |
|
671
XPO
XPO
$23B
| $63.3M | 0.02% |
519,078
-6,943
| -1% | -$743K |
|
672
CarMax
KMX
$8.24B
| $63.3M | 0.02% |
726,947
+55,451
| +8% | +$4.19M |
|
673
iShares Global Tech ETF
IXN
$8.74B
| $63.2M | 0.02% |
844,237
-7,472
| -0.9% | -$537K |
|
674
PUT
KLA
KLAC
$252B
| $62.9M | 0.02% |
+900,000
| New | +$57.8M |
|
675
Snap-on
SNA
$21.5B
| $62.7M | 0.02% |
211,531
+61,429
| +41% | +$17.4M |
|
Similar funds
Wells Fargo's Q1 2024 Portfolio in Review
As of Q1 2024, Wells Fargo held 7,849 positions worth $415B, up 8.3% from $383B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Wells Fargo's Q1 2024 filing shows 356 new, 3,866 increased, 2,176 reduced and 456 closed positions. Its largest new stake was FT Vest US Equity Buffer ETF July: 970,130 shares worth $43.1M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $1.03B.
By sector, the portfolio is most concentrated in Technology at 14% of assets, down from 14% a quarter earlier, followed by Financials and Healthcare.
- Wells Fargo's largest Q1 2024 buy was FT Vest US Equity Buffer ETF July: 970,130 shares worth $43.1M.
- Wells Fargo added most to Starbucks in Q1 2024, an estimated $853M increase.
- Wells Fargo's biggest Q1 2024 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.03B.
- Wells Fargo fully exited Splunk Inc in Q1 2024, selling an estimated $43.1M.
- Wells Fargo's ten largest holdings make up 19% of its $415B portfolio in Q1 2024.
- Wells Fargo opened 356 new positions and closed 456 in Q1 2024.
- Wells Fargo's portfolio value rose 8.3% quarter-over-quarter to $415B.
Based on Wells Fargo's 13F filing for Q1 2024, filed 10 May 2024.