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 |
Invesco QQQ Trust
QQQ
|
+$503M |
| 2 |
Chevron
CVX
|
+$472M |
| 3 |
Vanguard Long-Term Bond ETF
BLV
|
+$374M |
| 4 |
EOG Resources
EOG
|
+$354M |
| 5 |
ARK Innovation ETF
ARKK
|
+$253M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$5.2B |
| 2 |
M&T Bank
MTB
|
+$313M |
| 3 |
iShares Core 60/40 Balanced Allocation ETF
AOR
|
+$304M |
| 4 |
Apple
AAPL
|
+$197M |
| 5 |
iShares Core 80/20 Aggressive Allocation ETF
AOA
|
+$194M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.55% |
| 2 | Healthcare | 8.23% |
| 3 | Financials | 6.88% |
| 4 | Industrials | 6.54% |
| 5 | Consumer Discretionary | 5.29% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
676
Vanguard Morningstar Mega Cap Value ETF
MGV
$13.4B
| $52.5M | 0.02% |
519,995
-28,437
| -5% | -$2.91M |
|
677
MSCI
MSCI
$41.2B
| $52.3M | 0.02% |
93,424
-13
| -0% | -$6.88K |
|
678
Lamb Weston
LW
$7.16B
| $52.2M | 0.02% |
499,821
-98,715
| -16% | -$9.76M |
|
|
HOLX
679
DELISTED
Hologic
HOLX
| $51.9M | 0.01% |
642,785
-30,237
| -4% | -$2.43M |
|
680
Moderna
MRNA
$21.5B
| $51.8M | 0.01% |
337,559
+19,953
| +6% | +$3.29M |
|
681
Baxter International
BAX
$14B
| $51.8M | 0.01% |
1,276,797
+298,558
| +31% | +$12.7M |
|
682
CALL
Oracle
ORCL
$413B
| $51.6M | 0.01% |
555,800
-53,700
| -9% | -$4.71M |
|
683
Snap-on
SNA
$21.5B
| $51.4M | 0.01% |
208,377
-1,337
| -0.6% | -$326K |
|
684
State Street SPDR Portfolio S&P 500 High Dividend ETF
SPYD
$8.71B
| $51.4M | 0.01% |
1,351,680
-424,409
| -24% | -$17M |
|
685
Rollins
ROL
$17.7B
| $51.4M | 0.01% |
1,368,485
-19,809
| -1% | -$715K |
|
686
Vanguard Russell 2000 ETF
VTWO
$17.7B
| $51.3M | 0.01% |
711,213
-100,302
| -12% | -$7.45M |
|
687
State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF
SPTM
$14B
| $51.2M | 0.01% |
1,015,961
+356,542
| +54% | +$17.6M |
|
688
iShares US Consumer Staples ETF
IYK
$1.41B
| $51M | 0.01% |
768,276
-183,501
| -19% | -$12M |
|
689
Aptiv
APTV
$9.61B
| $51M | 0.01% |
454,243
+29,662
| +7% | +$3.27M |
|
690
ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040
MLPB
$250M
| $50.6M | 0.01% |
2,653,619
+9,191
| +0.3% | +$177K |
|
691
Invesco DB US Dollar Index Bullish Fund
UUP
$424M
| $50.6M | 0.01% |
1,815,124
-1,825,367
| -50% | -$51M |
|
692
Occidental Petroleum
OXY
$55.7B
| $50.6M | 0.01% |
809,810
+393
| +0% | +$24.4K |
|
693
Vanguard International Dividend Appreciation ETF
VIGI
$9.19B
| $50.1M | 0.01% |
679,682
+59,861
| +10% | +$4.33M |
|
694
AvalonBay Communities
AVB
$26.6B
| $49.8M | 0.01% |
296,480
-45,060
| -13% | -$7.69M |
|
695
Vanguard Morningstar Mega Cap ETF
MGC
$10.3B
| $49.7M | 0.01% |
347,315
+22,658
| +7% | +$3.14M |
|
696
Thor Industries
THO
$4.04B
| $49.5M | 0.01% |
621,279
+1,570
| +0.3% | +$138K |
|
697
Invesco Dorsey Wright Momentum ETF
PDP
$1.49B
| $49.5M | 0.01% |
651,004
-136,576
| -17% | -$10.2M |
|
698
Invesco S&P 500 Equal Weight Technology ETF
RSPT
$5.77B
| $49.2M | 0.01% |
1,783,820
+277,100
| +18% | +$7.31M |
|
699
Texas Pacific Land
TPL
$24.5B
| $49.1M | 0.01% |
260,010
+115,137
| +79% | +$24M |
|
700
International Paper
IP
$21.5B
| $49.1M | 0.01% |
1,361,762
+2,150
| +0.2% | +$79.7K |
|
Similar funds
Wells Fargo's Q1 2023 Portfolio in Review
As of Q1 2023, Wells Fargo held 7,943 positions worth $347B, up 4.2% from $333B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Wells Fargo's Q1 2023 filing shows 427 new, 3,865 increased, 2,015 reduced and 474 closed positions. Its largest new stake was GE HealthCare: 686,371 shares worth $56.3M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $5.2B.
By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 12% a quarter earlier, followed by Healthcare and Financials.
- Wells Fargo's largest Q1 2023 buy was GE HealthCare: 686,371 shares worth $56.3M.
- Wells Fargo added most to Invesco QQQ Trust in Q1 2023, an estimated $503M increase.
- Wells Fargo's biggest Q1 2023 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $5.2B.
- Wells Fargo fully exited STORE Capital Corporation in Q1 2023, selling an estimated $25.9M.
- Wells Fargo's ten largest holdings make up 17% of its $347B portfolio in Q1 2023.
- Wells Fargo opened 427 new positions and closed 474 in Q1 2023.
- Wells Fargo's portfolio value rose 4.2% quarter-over-quarter to $347B.
Based on Wells Fargo's 13F filing for Q1 2023, filed 12 May 2023.