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 | |
|---|---|---|---|---|---|---|
701
Generac Holdings
GNRC
$11.9B
| $51M | 0.01% |
342,147
+24,249
| +8% | +$2.76M |
|
702
ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040
MLPB
$251M
| $51M | 0.01% |
2,567,642
-85,977
| -3% | -$1.65M |
|
|
HOLX
703
DELISTED
Hologic
HOLX
| $51M | 0.01% |
629,416
-13,369
| -2% | -$1.09M |
|
704
Fidelity National Information Services
FIS
$23.1B
| $50.9M | 0.01% |
930,306
-535,079
| -37% | -$29.4M |
|
705
Raymond James Financial
RJF
$34.1B
| $50.9M | 0.01% |
490,058
+16,818
| +4% | +$1.56M |
|
706
Invesco Dorsey Wright Momentum ETF
PDP
$1.47B
| $50.7M | 0.01% |
625,979
-25,025
| -4% | -$1.9M |
|
707
STAG Industrial
STAG
$7.44B
| $50.2M | 0.01% |
1,398,899
-42,737
| -3% | -$1.48M |
|
708
iShares US Consumer Staples ETF
IYK
$1.41B
| $50M | 0.01% |
748,686
-19,590
| -3% | -$1.31M |
|
709
Moelis & Co
MC
$5.08B
| $49.9M | 0.01% |
1,101,666
+17,436
| +2% | +$696K |
|
710
Watts Water Technologies
WTS
$11.7B
| $49.3M | 0.01% |
268,103
+9,061
| +3% | +$1.52M |
|
711
Alnylam Pharmaceuticals
ALNY
$29.5B
| $49.2M | 0.01% |
259,030
+14,564
| +6% | +$2.89M |
|
|
XYZ
712
Block Inc
XYZ
$48.9B
| $49M | 0.01% |
735,801
-67,267
| -8% | -$4.2M |
|
713
Agilent Technologies
A
$39.5B
| $48.9M | 0.01% |
406,547
-133,002
| -25% | -$16.9M |
|
714
CALL
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$16.6B
| $48.8M | 0.01% |
650,000
-3,650,000
| -85% | -$272M |
|
715
SBA Communications
SBAC
$19B
| $48.7M | 0.01% |
210,234
-17,445
| -8% | -$4.17M |
|
716
Snap-on
SNA
$21.2B
| $48.7M | 0.01% |
168,842
-39,535
| -19% | -$10.2M |
|
717
Flex
FLEX
$43B
| $48.6M | 0.01% |
2,334,903
-91,916
| -4% | -$1.64M |
|
718
Aptiv
APTV
$12.1B
| $48.2M | 0.01% |
471,713
+17,470
| +4% | +$1.73M |
|
719
iShares Morningstar Growth ETF
ILCG
$3.17B
| $48.1M | 0.01% |
771,520
-18,352
| -2% | -$1.05M |
|
720
VICI Properties
VICI
$29.2B
| $48.1M | 0.01% |
1,529,396
-83,910
| -5% | -$2.69M |
|
721
Vanguard Russell 2000 ETF
VTWO
$17.6B
| $48M | 0.01% |
634,529
-76,684
| -11% | -$5.53M |
|
|
DOCU
722
DocuSign
DOCU
$10.5B
| $47.8M | 0.01% |
934,680
+17,852
| +2% | +$945K |
|
723
iShares ESG Optimized MSCI USA ETF
SUSA
$4.08B
| $47.6M | 0.01% |
508,804
-38,623
| -7% | -$3.43M |
|
724
Invesco Variable Rate Preferred ETF
VRP
$3B
| $47.4M | 0.01% |
2,129,618
+64,482
| +3% | +$1.42M |
|
725
nVent Electric
NVT
$25.8B
| $47.3M | 0.01% |
914,767
+3,164
| +0.3% | +$140K |
|
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.