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
|
+$790M |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$649M |
| 3 |
iShares Core MSCI EAFE ETF
IEFA
|
+$257M |
| 4 |
Amazon
AMZN
|
+$211M |
| 5 |
Vanguard Total Bond Market
BND
|
+$185M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$487M |
| 2 |
Microsoft
MSFT
|
+$287M |
| 3 |
Xtrackers USD High Yield Corporate Bond ETF
HYLB
|
+$162M |
| 4 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$144M |
| 5 |
Donaldson
DCI
|
+$137M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.38% |
| 2 | Healthcare | 7.44% |
| 3 | Financials | 7.25% |
| 4 | Industrials | 6.34% |
| 5 | Consumer Discretionary | 5.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
726
UFP Industries
UFPI
$5.24B
| $51.7M | 0.01% |
412,116
+369,687
| +871% | +$39.9M |
|
727
CarMax
KMX
$8.04B
| $51.5M | 0.01% |
671,496
-36,368
| -5% | -$2.44M |
|
728
Fortinet
FTNT
$120B
| $51.5M | 0.01% |
879,366
-355,485
| -29% | -$19.6M |
|
729
ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040
MLPB
$247M
| $51.4M | 0.01% |
2,404,795
-87,446
| -4% | -$1.86M |
|
730
Invesco S&P 500 GARP ETF
SPGP
$2.31B
| $51.3M | 0.01% |
523,727
+273,734
| +109% | +$25.3M |
|
731
AGCO
AGCO
$7.27B
| $51M | 0.01% |
419,848
-30,091
| -7% | -$3.52M |
|
732
HDFC Bank
HDB
$123B
| $50.8M | 0.01% |
1,514,800
-169,028
| -10% | -$5.1M |
|
733
Sony
SONY
$132B
| $50.4M | 0.01% |
2,661,645
+118,620
| +5% | +$2.06M |
|
734
iShares MSCI EAFE Min Vol Factor ETF
EFAV
$5.42B
| $50.4M | 0.01% |
726,701
-39,953
| -5% | -$2.65M |
|
735
HP
HPQ
$26.1B
| $50.3M | 0.01% |
1,672,097
+495,332
| +42% | +$13.9M |
|
736
iShares Latin America 40 ETF
ILF
$3.82B
| $50.1M | 0.01% |
1,724,250
+999,341
| +138% | +$26.8M |
|
737
Nasdaq
NDAQ
$52.9B
| $50.1M | 0.01% |
861,694
-46,685
| -5% | -$2.46M |
|
738
Invesco Dorsey Wright Momentum ETF
PDP
$1.5B
| $50M | 0.01% |
585,280
-75,307
| -11% | -$5.98M |
|
|
CTRA
739
DELISTED
Coterra Energy
CTRA
| $49.8M | 0.01% |
1,950,562
-77,580
| -4% | -$2.08M |
|
740
iShares Morningstar Growth ETF
ILCG
$3.25B
| $49.7M | 0.01% |
733,344
-16,904
| -2% | -$1.07M |
|
741
John Hancock Multifactor Large Cap ETF
JHML
$1.19B
| $49.6M | 0.01% |
843,235
+32,972
| +4% | +$1.81M |
|
|
IBTE
742
DELISTED
iShares iBonds Dec 2024 Term Treasury ETF
IBTE
| $49.2M | 0.01% |
2,062,101
-467,032
| -18% | -$11.1M |
|
743
RLI Corp
RLI
$5.77B
| $49.2M | 0.01% |
738,860
-5,080
| -0.7% | -$341K |
|
744
RELX
RELX
$63.9B
| $49M | 0.01% |
1,234,459
-104,315
| -8% | -$3.84M |
|
745
JPMorgan Ultra-Short Municipal Income ETF
JMST
$7.09B
| $48.9M | 0.01% |
963,543
+170,642
| +22% | +$8.63M |
|
746
PIMCO Intermediate Municipal Bond Active Exchange-Traded Fund
MUNI
$3.08B
| $48.5M | 0.01% |
918,569
+259,668
| +39% | +$13.2M |
|
747
Align Technology
ALGN
$12.5B
| $48.4M | 0.01% |
176,601
-96,506
| -35% | -$22.9M |
|
748
State Street Real Estate Select Sector SPDR ETF
XLRE
$8.64B
| $48.4M | 0.01% |
1,207,086
+118,511
| +11% | +$4.26M |
|
749
iShares ESG Aware US Aggregate Bond ETF
EAGG
$4.98B
| $48M | 0.01% |
1,006,101
+120,254
| +14% | +$5.51M |
|
750
Super Micro Computer
SMCI
$19.6B
| $48M | 0.01% |
1,688,730
+196,850
| +13% | +$5.46M |
|
Similar funds
Wells Fargo's Q4 2023 Portfolio in Review
As of Q4 2023, Wells Fargo held 7,882 positions worth $383B, up 12% from $341B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Wells Fargo's Q4 2023 filing shows 408 new, 3,686 increased, 2,463 reduced and 394 closed positions. Its largest new stake was FT Vest US Equity Buffer ETF April: 1,231,825 shares worth $43.1M. The largest sale was Invesco QQQ Trust, an estimated $487M.
By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 14% a quarter earlier, followed by Healthcare and Financials.
- Wells Fargo's largest Q4 2023 buy was FT Vest US Equity Buffer ETF April: 1,231,825 shares worth $43.1M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q4 2023, an estimated $790M increase.
- Wells Fargo's biggest Q4 2023 reduction was Invesco QQQ Trust, cutting an estimated $487M.
- Wells Fargo fully exited Activision Blizzard in Q4 2023, selling an estimated $65.2M.
- Wells Fargo's ten largest holdings make up 18% of its $383B portfolio in Q4 2023.
- Wells Fargo opened 408 new positions and closed 394 in Q4 2023.
- Wells Fargo's portfolio value rose 12% quarter-over-quarter to $383B.
Based on Wells Fargo's 13F filing for Q4 2023, filed 9 Feb 2024.