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 | |
|---|---|---|---|---|---|---|
776
JPMorgan Ultra-Short Municipal Income ETF
JMST
$7.1B
| $40.3M | 0.01% |
793,945
+118,504
| +18% | +$6M |
|
777
First Trust Consumer Staples AlphaDEX Fund
FXG
$227M
| $40.2M | 0.01% |
647,867
-100,921
| -13% | -$6.25M |
|
778
Weyerhaeuser
WY
$18.3B
| $40M | 0.01% |
1,327,549
-121,670
| -8% | -$3.84M |
|
779
Albany International
AIN
$1.74B
| $39.5M | 0.01% |
441,943
-43,887
| -9% | -$4.43M |
|
780
Invesco S&P 500 Top 50 ETF
XLG
$11B
| $39.5M | 0.01% |
1,271,090
+84,480
| +7% | +$2.48M |
|
781
CALL
Bristol-Myers Squibb
BMY
$131B
| $39.5M | 0.01% |
569,300
-400,400
| -41% | -$28.2M |
|
782
First Trust Dow Jones Global Select Dividend Index Fund
FGD
$1.58B
| $39.4M | 0.01% |
1,782,281
+570,121
| +47% | +$13M |
|
|
DFS
783
DELISTED
Discover Financial Services
DFS
| $39.3M | 0.01% |
398,045
-122,910
| -24% | -$13.2M |
|
784
nVent Electric
NVT
$26.4B
| $39.1M | 0.01% |
911,603
-23,476
| -3% | -$990K |
|
785
Zimmer Biomet
ZBH
$18.5B
| $39.1M | 0.01% |
302,853
-1,673
| -0.5% | -$210K |
|
786
First Trust SMID Cap Rising Dividend Achievers ETF
SDVY
$11.8B
| $39.1M | 0.01% |
1,466,624
+374,804
| +34% | +$10.4M |
|
787
Xtrackers MSCI EAFE Hedged Equity ETF
DBEF
$9.33B
| $39M | 0.01% |
1,108,894
+76,659
| +7% | +$2.64M |
|
788
Bright Horizons
BFAM
$3.89B
| $39M | 0.01% |
506,120
+74,494
| +17% | +$5.73M |
|
789
Avantis US Small Cap Value ETF
AVUV
$30.7B
| $38.8M | 0.01% |
524,574
+59,115
| +13% | +$4.63M |
|
790
Icon
ICLR
$12.4B
| $38.5M | 0.01% |
180,115
+6,838
| +4% | +$1.52M |
|
791
Extra Space Storage
EXR
$31.6B
| $38.2M | 0.01% |
234,242
-43,941
| -16% | -$6.91M |
|
792
Expeditors International
EXPD
$23.2B
| $38.1M | 0.01% |
345,899
-16,510
| -5% | -$1.79M |
|
793
MPLX
MPLX
$61.3B
| $38.1M | 0.01% |
1,105,129
-179,208
| -14% | -$6.15M |
|
794
Saia
SAIA
$9.65B
| $38.1M | 0.01% |
139,897
+130,579
| +1,401% | +$34.9M |
|
795
Starwood Property Trust
STWD
$5.9B
| $37.9M | 0.01% |
2,145,142
-296,810
| -12% | -$5.73M |
|
796
BorgWarner
BWA
$13.4B
| $37.7M | 0.01% |
871,773
+31,715
| +4% | +$1.31M |
|
797
Capital Group International Focus Equity ETF
CGXU
$6.4B
| $37.7M | 0.01% |
1,624,422
+491,024
| +43% | +$11M |
|
798
ProShares Russell 2000 Dividend Growers ETF
SMDV
$707M
| $37.7M | 0.01% |
617,103
-7,330
| -1% | -$463K |
|
799
Hartford Financial Services
HIG
$39.6B
| $37.6M | 0.01% |
540,165
+49,649
| +10% | +$3.69M |
|
800
First Trust Large Cap Core AlphaDEX Fund
FEX
$1.6B
| $37.6M | 0.01% |
466,611
+20,285
| +5% | +$1.66M |
|
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.