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 | |
|---|---|---|---|---|---|---|
801
Targa Resources
TRGP
$57B
| $47M | 0.01% |
364,826
+127,300
| +54% | +$14.9M |
|
802
STAG Industrial
STAG
$7.43B
| $46.9M | 0.01% |
1,300,567
-4,823
| -0.4% | -$172K |
|
803
Newmont
NEM
$100B
| $46.9M | 0.01% |
1,119,256
+40,293
| +4% | +$1.65M |
|
804
Manhattan Associates
MANH
$11B
| $46.9M | 0.01% |
189,955
-116,202
| -38% | -$26.3M |
|
805
UFP Industries
UFPI
$5.15B
| $46.8M | 0.01% |
418,193
+1,064
| +0.3% | +$124K |
|
806
BlackRock Resources & Commodities Strategy Trust
BCX
$903M
| $46.5M | 0.01% |
5,063,709
-114,930
| -2% | -$1.06M |
|
807
iShares MSCI EAFE Min Vol Factor ETF
EFAV
$5.43B
| $46.5M | 0.01% |
670,360
-14,160
| -2% | -$994K |
|
808
Centene
CNC
$31.3B
| $46.4M | 0.01% |
699,794
-159,752
| -19% | -$11.6M |
|
809
CALL
Micron Technology
MU
$936B
| $46.4M | 0.01% |
352,500
+202,700
| +135% | +$25.5M |
|
810
Plains All American Pipeline
PAA
$17B
| $46.3M | 0.01% |
2,593,215
-15,742
| -0.6% | -$275K |
|
811
CALL
Alphabet (Google) Class A
GOOGL
$4.58T
| $46.3M | 0.01% |
254,000
-377,700
| -60% | -$63.7M |
|
812
CRH
CRH
$65.3B
| $46.2M | 0.01% |
616,569
+67,895
| +12% | +$5.42M |
|
813
iShares Core MSCI International Developed Markets ETF
IDEV
$31.8B
| $46.1M | 0.01% |
702,290
-21,456
| -3% | -$1.43M |
|
814
First Trust Energy AlphaDEX Fund
FXN
$375M
| $45.9M | 0.01% |
2,520,206
-124,990
| -5% | -$2.32M |
|
815
Dollar General
DG
$28.3B
| $45.7M | 0.01% |
345,562
-99,850
| -22% | -$13.9M |
|
816
iShares ESG Optimized MSCI USA ETF
SUSA
$4.08B
| $45.6M | 0.01% |
405,725
-14,923
| -4% | -$1.62M |
|
817
Las Vegas Sands
LVS
$30.5B
| $45.2M | 0.01% |
1,021,388
+169,500
| +20% | +$7.91M |
|
818
PUT
Datadog
DDOG
$98.1B
| $45M | 0.01% |
347,100
+147,200
| +74% | +$17.8M |
|
819
Cinemark Holdings
CNK
$4.41B
| $45M | 0.01% |
2,080,177
-193,647
| -9% | -$3.51M |
|
820
Williams-Sonoma
WSM
$28.3B
| $44.9M | 0.01% |
318,368
-32,238
| -9% | -$4.8M |
|
821
iShares 0-5 Year TIPS Bond ETF
STIP
$15.8B
| $44.8M | 0.01% |
450,091
-60,469
| -12% | -$6M |
|
822
Starwood Property Trust
STWD
$5.91B
| $44.8M | 0.01% |
2,362,882
+66,872
| +3% | +$1.3M |
|
823
Vanguard Russell 1000 ETF
VONE
$8.4B
| $44.7M | 0.01% |
181,662
+25,734
| +17% | +$6.12M |
|
824
PUT
Starbucks
SBUX
$118B
| $44.6M | 0.01% |
573,500
+572,300
| +47,692% | +$46.6M |
|
825
Flex
FLEX
$42.7B
| $44.3M | 0.01% |
1,502,769
-2,122
| -0.1% | -$63.5K |
|
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.