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 | |
|---|---|---|---|---|---|---|
701
iShares Emerging Markets Equity Factor ETF
EMGF
$1.86B
| $49M | 0.01% |
1,180,683
+79,436
| +7% | +$3.34M |
|
702
Alnylam Pharmaceuticals
ALNY
$28.9B
| $49M | 0.01% |
244,466
+45,050
| +23% | +$9.47M |
|
|
B
703
Barrick Mining
B
$69.3B
| $48.9M | 0.01% |
2,633,691
+1,340,133
| +104% | +$24.1M |
|
704
STAG Industrial
STAG
$7.1B
| $48.8M | 0.01% |
1,441,636
+69,124
| +5% | +$2.36M |
|
705
Schwab International Equity ETF
SCHF
$68B
| $48.8M | 0.01% |
2,801,970
+277,554
| +11% | +$4.75M |
|
706
CarMax
KMX
$8.24B
| $48.2M | 0.01% |
750,569
+18,408
| +3% | +$1.23M |
|
707
iShares ESG Optimized MSCI USA ETF
SUSA
$4.15B
| $48M | 0.01% |
547,427
+16,656
| +3% | +$1.43M |
|
708
West Pharmaceutical
WST
$24.5B
| $48M | 0.01% |
138,486
+7,795
| +6% | +$2.28M |
|
709
iShares 10-20 Year Treasury Bond ETF
TLH
$10.9B
| $47.8M | 0.01% |
417,026
+134,400
| +48% | +$15.1M |
|
710
Agnico Eagle Mines
AEM
$85B
| $47.7M | 0.01% |
938,144
+60,451
| +7% | +$3.1M |
|
711
BlackRock Resources & Commodities Strategy Trust
BCX
$917M
| $47.7M | 0.01% |
5,001,354
+10,662
| +0.2% | +$106K |
|
712
Arthur J. Gallagher & Co
AJG
$64.5B
| $47.6M | 0.01% |
249,047
-4,652
| -2% | -$883K |
|
713
Allstate
ALL
$70.8B
| $47.5M | 0.01% |
428,486
-38,234
| -8% | -$4.83M |
|
714
First Trust Small Cap Core AlphaDEX Fund
FYX
$1.39B
| $46.9M | 0.01% |
581,492
+9,724
| +2% | +$811K |
|
715
HP
HPQ
$25.8B
| $46.8M | 0.01% |
1,596,234
+238
| +0% | +$6.83K |
|
716
GXO Logistics
GXO
$5.41B
| $46.8M | 0.01% |
927,972
+38,632
| +4% | +$1.92M |
|
717
Insulet
PODD
$9.65B
| $46.8M | 0.01% |
146,663
+13,604
| +10% | +$4.03M |
|
718
RELX
RELX
$62.4B
| $46.8M | 0.01% |
1,441,452
-21,042
| -1% | -$631K |
|
719
Amcor
AMCR
$21.8B
| $46.7M | 0.01% |
820,750
+104,158
| +15% | +$5.97M |
|
720
iShares ESG Aware MSCI EM ETF
ESGE
$6.67B
| $46.7M | 0.01% |
1,482,763
-42,683
| -3% | -$1.35M |
|
721
Invesco Russell 1000 Dynamic Multifactor ETF
OMFL
$4.85B
| $46.4M | 0.01% |
996,989
+994,490
| +39,796% | +$45.6M |
|
722
Global X US Infrastructure Development ETF
PAVE
$15.1B
| $46.2M | 0.01% |
1,630,737
+342,434
| +27% | +$9.7M |
|
723
Cardinal Health
CAH
$55.7B
| $46.2M | 0.01% |
611,482
+72,456
| +13% | +$5.47M |
|
724
Invesco Variable Rate Preferred ETF
VRP
$3.01B
| $45.7M | 0.01% |
2,065,136
-95,077
| -4% | -$2.17M |
|
725
iShares US Real Estate ETF
IYR
$4.63B
| $45.6M | 0.01% |
537,285
+22,467
| +4% | +$1.97M |
|
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.