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 | |
|---|---|---|---|---|---|---|
726
Omnicom Group
OMC
$22.2B
| $55.3M | 0.01% |
616,797
+64,855
| +12% | +$6.02M |
|
727
State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
$3.08B
| $55.2M | 0.01% |
1,790,270
-559,495
| -24% | -$17.2M |
|
728
First Trust Health Care AlphaDEX Fund
FXH
$1.06B
| $55.2M | 0.01% |
528,246
-42,115
| -7% | -$4.42M |
|
729
Invesco Variable Rate Preferred ETF
VRP
$3B
| $55.1M | 0.01% |
2,301,454
+664,450
| +41% | +$15.8M |
|
730
Albemarle
ALB
$14B
| $55.1M | 0.01% |
576,763
+143,624
| +33% | +$17.1M |
|
731
ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040
MLPB
$250M
| $55.1M | 0.01% |
2,237,142
-74,512
| -3% | -$1.77M |
|
732
iShares iBonds Dec 2032 Term Corporate ETF
IBDX
$1.71B
| $54.9M | 0.01% |
2,236,678
+1,374,356
| +159% | +$33.6M |
|
733
Evergy
EVRG
$19.4B
| $54.9M | 0.01% |
1,036,093
+833,886
| +412% | +$44.4M |
|
734
Invesco Dorsey Wright Momentum ETF
PDP
$1.44B
| $54.8M | 0.01% |
559,629
-15,409
| -3% | -$1.48M |
|
735
Wabtec
WAB
$49.7B
| $54.6M | 0.01% |
345,685
+8,832
| +3% | +$1.41M |
|
736
NNN REIT
NNN
$9.12B
| $54.5M | 0.01% |
1,280,302
-43,017
| -3% | -$1.79M |
|
737
Hartford Financial Services
HIG
$39.4B
| $54.3M | 0.01% |
540,301
+32,952
| +6% | +$3.31M |
|
738
XPO
XPO
$23.5B
| $54.2M | 0.01% |
510,933
-8,145
| -2% | -$913K |
|
739
SBA Communications
SBAC
$19.2B
| $54.1M | 0.01% |
275,793
+50,542
| +22% | +$10M |
|
740
Liberty Media Series C
FWONK
$24.4B
| $53.9M | 0.01% |
750,258
+40,708
| +6% | +$2.87M |
|
741
Cardinal Health
CAH
$54.7B
| $53.9M | 0.01% |
547,770
+36,771
| +7% | +$3.75M |
|
742
Snap-on
SNA
$21.5B
| $53.8M | 0.01% |
206,004
-5,527
| -3% | -$1.52M |
|
743
John Hancock Multifactor Large Cap ETF
JHML
$1.17B
| $53.7M | 0.01% |
826,311
+4,505
| +0.5% | +$288K |
|
744
AES
AES
$10.5B
| $53.6M | 0.01% |
3,053,410
+634,162
| +26% | +$12.1M |
|
745
Monster Beverage
MNST
$92.8B
| $53.6M | 0.01% |
1,073,495
-81,535
| -7% | -$4.32M |
|
746
Icon
ICLR
$12.3B
| $53.6M | 0.01% |
170,951
+40,623
| +31% | +$12.7M |
|
747
JPMorgan Ultra-Short Municipal Income ETF
JMST
$7.09B
| $53.3M | 0.01% |
1,050,386
+90,329
| +9% | +$4.58M |
|
748
Extra Space Storage
EXR
$31.8B
| $53.2M | 0.01% |
342,567
-12,665
| -4% | -$1.85M |
|
|
IBTE
749
DELISTED
iShares iBonds Dec 2024 Term Treasury ETF
IBTE
| $53.2M | 0.01% |
2,216,722
+114,880
| +5% | +$2.75M |
|
750
iShares Russell 3000 ETF
IWV
$19.8B
| $53.1M | 0.01% |
171,995
-10,267
| -6% | -$3.06M |
|
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.