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
|
+$506M |
| 2 |
Microsoft
MSFT
|
+$336M |
| 3 |
Amazon
AMZN
|
+$287M |
| 4 |
Apple
AAPL
|
+$269M |
| 5 |
Meta Platforms (Facebook)
META
|
+$233M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Air Products & Chemicals
APD
|
+$425M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$334M |
| 3 |
United Parcel Service
UPS
|
+$148M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$128M |
| 5 |
Vanguard Morningstar Mid-Cap ETF
VO
|
+$124M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.28% |
| 2 | Financials | 7.45% |
| 3 | Healthcare | 7.23% |
| 4 | Industrials | 6.23% |
| 5 | Consumer Discretionary | 5.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
676
iShares US Healthcare ETF
IYH
$3.37B
| $62M | 0.02% |
1,012,053
-83,553
| -8% | -$5.03M |
|
677
RELX
RELX
$61.8B
| $61.8M | 0.02% |
1,346,398
-26,351
| -2% | -$1.14M |
|
678
First Trust Senior Loan Fund ETF
FTSL
$2.32B
| $61.5M | 0.01% |
1,345,866
+77,292
| +6% | +$3.56M |
|
679
Iron Mountain
IRM
$36.4B
| $61.4M | 0.01% |
685,599
-31,701
| -4% | -$2.57M |
|
680
Allstate
ALL
$68B
| $61.4M | 0.01% |
384,826
-40,336
| -9% | -$6.73M |
|
681
BCE
BCE
$20.2B
| $61.2M | 0.01% |
1,891,818
-49,779
| -3% | -$1.66M |
|
682
Otis Worldwide
OTIS
$27.4B
| $61.2M | 0.01% |
635,975
-30,417
| -5% | -$2.93M |
|
683
First Trust Financials AlphaDEX Fund
FXO
$1.13B
| $61M | 0.01% |
1,317,933
+10,023
| +0.8% | +$462K |
|
684
Ferguson
FERG
$45.4B
| $61M | 0.01% |
314,919
-10,464
| -3% | -$2.19M |
|
685
Corpay
CPAY
$25B
| $60.9M | 0.01% |
228,454
+29,388
| +15% | +$8.32M |
|
686
Moelis & Co
MC
$4.97B
| $60.9M | 0.01% |
1,070,321
-9,495
| -0.9% | -$513K |
|
687
PUT
TSMC
TSM
$2.1T
| $60.8M | 0.01% |
349,900
+20,000
| +6% | +$3.03M |
|
688
Pinterest
PINS
$13.4B
| $60.8M | 0.01% |
1,379,807
+19,194
| +1% | +$757K |
|
689
iShares International Select Dividend ETF
IDV
$8.47B
| $60.8M | 0.01% |
2,197,606
-197,635
| -8% | -$5.62M |
|
690
Entegris
ENTG
$18.1B
| $60.5M | 0.01% |
447,099
+52,563
| +13% | +$6.94M |
|
691
nVent Electric
NVT
$24.9B
| $60.2M | 0.01% |
786,396
+8,113
| +1% | +$630K |
|
692
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
$36.2B
| $60.2M | 0.01% |
1,235,558
-130,794
| -10% | -$6.39M |
|
693
British American Tobacco
BTI
$131B
| $60.2M | 0.01% |
1,945,209
-203,810
| -9% | -$6.19M |
|
694
PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund
MUNI
$3.06B
| $59.7M | 0.01% |
1,146,998
+114,360
| +11% | +$5.94M |
|
695
Estee Lauder
EL
$30.4B
| $59.7M | 0.01% |
560,679
-102,335
| -15% | -$13.4M |
|
696
Booz Allen Hamilton
BAH
$8.39B
| $59.6M | 0.01% |
387,330
+2,653
| +0.7% | +$398K |
|
697
iShares US Home Construction ETF
ITB
$2.26B
| $59.3M | 0.01% |
586,975
-70,144
| -11% | -$7.42M |
|
698
Vanguard Ultra-Short Bond ETF
VUSB
$8.94B
| $59.2M | 0.01% |
1,194,835
-28,791
| -2% | -$1.42M |
|
699
Vanguard Russell 1000 Value ETF
VONV
$20.7B
| $59.1M | 0.01% |
771,266
-18,843
| -2% | -$1.45M |
|
700
PUT
Apollo Global Management
APO
$72.4B
| $59M | 0.01% |
500,000
| – | – |
|
Similar funds
Wells Fargo's Q2 2024 Portfolio in Review
As of Q2 2024, Wells Fargo held 7,784 positions worth $412B, down 0.64% from $415B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Wells Fargo's Q2 2024 filing shows 385 new, 3,309 increased, 2,368 reduced and 948 closed positions. Its largest new stake was NextEra Energy 7.299% Corporate Units: 1,487,927 shares worth $73.6M. The largest sale was Air Products & Chemicals, an estimated $425M.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 14% a quarter earlier, followed by Financials and Healthcare.
- Wells Fargo's largest Q2 2024 buy was NextEra Energy 7.299% Corporate Units: 1,487,927 shares worth $73.6M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q2 2024, an estimated $506M increase.
- Wells Fargo's biggest Q2 2024 reduction was Air Products & Chemicals, cutting an estimated $425M.
- Wells Fargo fully exited Pioneer Natural Resource Co. in Q2 2024, selling an estimated $88.9M.
- Wells Fargo's ten largest holdings make up 19% of its $412B portfolio in Q2 2024.
- Wells Fargo opened 385 new positions and closed 948 in Q2 2024.
- Wells Fargo's portfolio value fell 0.64% quarter-over-quarter to $412B.
Based on Wells Fargo's 13F filing for Q2 2024, filed 13 Aug 2024.