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
|
+$3.29B |
| 2 |
iShares Core MSCI EAFE ETF
IEFA
|
+$1.37B |
| 3 |
Invesco QQQ Trust
QQQ
|
+$642M |
| 4 |
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
|
+$498M |
| 5 |
Nike
NKE
|
+$221M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Morningstar Mid-Cap ETF
VO
|
+$1.24B |
| 2 |
Clorox
CLX
|
+$326M |
| 3 |
Walmart Inc
WMT
|
+$228M |
| 4 |
iShares Russell Mid-Cap ETF
IWR
|
+$152M |
| 5 |
Microsoft
MSFT
|
+$151M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.61% |
| 2 | Healthcare | 8.1% |
| 3 | Financials | 6.84% |
| 4 | Industrials | 6.48% |
| 5 | Consumer Discretionary | 5.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
676
Global X US Infrastructure Development ETF
PAVE
$14.9B
| $54.6M | 0.02% |
1,735,693
+104,956
| +6% | +$2.98M |
|
677
Booz Allen Hamilton
BAH
$8.56B
| $54.4M | 0.02% |
487,682
+13,108
| +3% | +$1.3M |
|
678
Monolithic Power Systems
MPWR
$66B
| $54.3M | 0.02% |
100,553
+10,941
| +12% | +$5.2M |
|
679
Schwab International Equity ETF
SCHF
$67.1B
| $54M | 0.01% |
3,029,738
+227,768
| +8% | +$4.04M |
|
680
First Trust Energy AlphaDEX Fund
FXN
$376M
| $53.9M | 0.01% |
3,444,676
-267,098
| -7% | -$4.07M |
|
681
Enphase Energy
ENPH
$5.2B
| $53.6M | 0.01% |
319,932
-176,394
| -36% | -$31.5M |
|
682
Vanguard Morningstar Mega Cap Value ETF
MGV
$13.2B
| $53.5M | 0.01% |
515,979
-4,016
| -0.8% | -$409K |
|
683
Invesco S&P 500 Equal Weight Technology ETF
RSPT
$5.57B
| $53.2M | 0.01% |
1,808,600
+24,780
| +1% | +$678K |
|
684
Warner Bros
WBD
$65.4B
| $53.2M | 0.01% |
4,240,602
+585,533
| +16% | +$7.6M |
|
685
HEICO Corp Class A
HEI.A
$36.6B
| $53.1M | 0.01% |
377,934
-64,918
| -15% | -$8.7M |
|
|
PARA
686
DELISTED
Paramount Global Class B
PARA
| $53.1M | 0.01% |
3,338,741
+905,484
| +37% | +$16.4M |
|
|
IBDO
687
DELISTED
iShares iBonds Dec 2023 Term Corporate ETF
IBDO
| $52.8M | 0.01% |
2,089,179
-690,047
| -25% | -$17.4M |
|
688
Quanta Services
PWR
$102B
| $52.8M | 0.01% |
268,948
+25,972
| +11% | +$4.53M |
|
689
Invesco Emerging Markets Sovereign Debt ETF
PCY
$1.39B
| $52.8M | 0.01% |
2,710,779
-97,410
| -3% | -$1.86M |
|
690
VanEck Semiconductor ETF
SMH
$68.5B
| $52.5M | 0.01% |
344,675
-164,455
| -32% | -$22.2M |
|
691
Vanguard Total International Bond ETF
BNDX
$82B
| $52.5M | 0.01% |
1,073,538
+162,563
| +18% | +$7.92M |
|
692
First Trust Materials AlphaDEX Fund
FXZ
$374M
| $52.3M | 0.01% |
814,529
-895,845
| -52% | -$55.8M |
|
693
Fair Isaac
FICO
$22.6B
| $52M | 0.01% |
64,284
-29,036
| -31% | -$21.8M |
|
694
PUT
SPDR Gold Trust
GLD
$131B
| $51.7M | 0.01% |
290,000
-3,200
| -1% | -$588K |
|
695
VF Corp
VFC
$5.87B
| $51.6M | 0.01% |
2,700,690
-111,103
| -4% | -$2.28M |
|
696
AB InBev
BUD
$166B
| $51.5M | 0.01% |
908,836
-19,236
| -2% | -$1.16M |
|
697
iShares US Real Estate ETF
IYR
$4.67B
| $51.4M | 0.01% |
593,432
+56,147
| +10% | +$4.72M |
|
698
RLI Corp
RLI
$5.62B
| $51.2M | 0.01% |
750,692
-52,480
| -7% | -$3.49M |
|
699
iShares Expanded Tech-Software Sector ETF
IGV
$13.8B
| $51.2M | 0.01% |
739,845
+159,120
| +27% | +$9.99M |
|
700
iShares Russell 3000 ETF
IWV
$19.9B
| $51.1M | 0.01% |
200,858
+25,568
| +15% | +$6.15M |
|
Similar funds
Wells Fargo's Q2 2023 Portfolio in Review
As of Q2 2023, Wells Fargo held 7,830 positions worth $362B, up 4.4% from $347B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Wells Fargo's Q2 2023 filing shows 390 new, 3,912 increased, 2,324 reduced and 274 closed positions. Its largest new stake was State Street SPDR US Large Cap Low Volatility Index ETF: 257,436 shares worth $36.2M. The largest sale was Vanguard Morningstar Mid-Cap ETF, an estimated $1.24B.
By sector, the portfolio is most concentrated in Technology at 15% of assets, up from 14% a quarter earlier, followed by Healthcare and Financials.
- Wells Fargo's largest Q2 2023 buy was State Street SPDR US Large Cap Low Volatility Index ETF: 257,436 shares worth $36.2M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q2 2023, an estimated $3.29B increase.
- Wells Fargo's biggest Q2 2023 reduction was Vanguard Morningstar Mid-Cap ETF, cutting an estimated $1.24B.
- Wells Fargo fully exited ABB Ltd in Q2 2023, selling an estimated $67.4M.
- Wells Fargo's ten largest holdings make up 18% of its $362B portfolio in Q2 2023.
- Wells Fargo opened 390 new positions and closed 274 in Q2 2023.
- Wells Fargo's portfolio value rose 4.4% quarter-over-quarter to $362B.
Based on Wells Fargo's 13F filing for Q2 2023, filed 15 Aug 2023.