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 |
Starbucks
SBUX
|
+$853M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$805M |
| 3 |
Zoetis
ZTS
|
+$650M |
| 4 |
iShares Core US Aggregate Bond ETF
AGG
|
+$391M |
| 5 |
iShares Core Universal USD Bond ETF
IUSB
|
+$177M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.03B |
| 2 |
Amazon
AMZN
|
+$772M |
| 3 |
Becton Dickinson
BDX
|
+$486M |
| 4 |
Medtronic
MDT
|
+$440M |
| 5 |
Vanguard Long-Term Bond ETF
BLV
|
+$373M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.37% |
| 2 | Financials | 7.47% |
| 3 | Healthcare | 7.23% |
| 4 | Industrials | 6.4% |
| 5 | Consumer Discretionary | 5.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
851
CONMED
CNMD
$1.49B
| $40.4M | 0.01% |
504,715
-100,949
| -17% | -$9M |
|
852
CALL
General Motors
GM
$76.3B
| $40.4M | 0.01% |
890,000
+640,000
| +256% | +$24.8M |
|
853
Modine Manufacturing
MOD
$10.2B
| $40.1M | 0.01% |
421,338
-5,141
| -1% | -$397K |
|
854
PUT
Pinduoduo
PDD
$129B
| $40M | 0.01% |
343,900
+303,500
| +751% | +$39.8M |
|
855
Celsius Holdings
CELH
$6.08B
| $39.9M | 0.01% |
481,290
+58,396
| +14% | +$4M |
|
856
Sun Communities
SUI
$14.7B
| $39.9M | 0.01% |
310,141
+8,989
| +3% | +$1.17M |
|
857
Invesco CEF Income Composite ETF
PCEF
$811M
| $39.7M | 0.01% |
2,106,818
+597,324
| +40% | +$11M |
|
858
Canadian Imperial Bank of Commerce
CM
$108B
| $39.7M | 0.01% |
782,114
+18,889
| +2% | +$892K |
|
859
Nuveen ESG Mid-Cap Growth ETF
NUMG
$357M
| $39.7M | 0.01% |
891,472
+13,867
| +2% | +$594K |
|
860
Reinsurance Group of America
RGA
$15.5B
| $39.6M | 0.01% |
205,152
-5,558
| -3% | -$970K |
|
861
Expedia Group
EXPE
$36.8B
| $39.4M | 0.01% |
286,364
+33,104
| +13% | +$4.71M |
|
862
SS&C Technologies
SSNC
$18.7B
| $39.3M | 0.01% |
611,112
-8,835
| -1% | -$549K |
|
863
Schwab US Large- Cap ETF
SCHX
$73.9B
| $39.3M | 0.01% |
1,900,440
+85,164
| +5% | +$1.68M |
|
864
abrdn Physical Gold Shares ETF
SGOL
$7.25B
| $39.1M | 0.01% |
1,840,321
+437,905
| +31% | +$8.67M |
|
865
Texas Pacific Land
TPL
$24.5B
| $39M | 0.01% |
201,993
-3,027
| -1% | -$519K |
|
866
Invesco Variable Rate Preferred ETF
VRP
$3.01B
| $38.9M | 0.01% |
1,637,004
-93,903
| -5% | -$2.2M |
|
867
Marriott Vacations Worldwide
VAC
$4.28B
| $38.9M | 0.01% |
360,851
+86,143
| +31% | +$7.78M |
|
868
Avery Dennison
AVY
$13.2B
| $38.7M | 0.01% |
173,559
+9,776
| +6% | +$2.03M |
|
869
Zscaler
ZS
$26.3B
| $38.7M | 0.01% |
200,982
+44,825
| +29% | +$10M |
|
870
Schwab US TIPS ETF
SCHP
$16.3B
| $38.7M | 0.01% |
1,484,260
-43,872
| -3% | -$1.14M |
|
871
Newmont
NEM
$111B
| $38.7M | 0.01% |
1,078,963
+203,635
| +23% | +$7.02M |
|
|
VPU
872
Vanguard Utilities ETF
VPU
$8.3B
| $38.6M | 0.01% |
270,796
-47,579
| -15% | -$6.43M |
|
|
IBDQ
873
DELISTED
iShares iBonds Dec 2025 Term Corporate ETF
IBDQ
| $38.6M | 0.01% |
1,555,030
+26,485
| +2% | +$656K |
|
874
Global X S&P 500 Covered Call ETF
XYLD
$3.27B
| $38.5M | 0.01% |
944,238
+500,921
| +113% | +$20.1M |
|
875
Albany International
AIN
$1.74B
| $38.5M | 0.01% |
411,644
-9,353
| -2% | -$858K |
|
Similar funds
Wells Fargo's Q1 2024 Portfolio in Review
As of Q1 2024, Wells Fargo held 7,849 positions worth $415B, up 8.3% from $383B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Wells Fargo's Q1 2024 filing shows 356 new, 3,866 increased, 2,176 reduced and 456 closed positions. Its largest new stake was FT Vest US Equity Buffer ETF July: 970,130 shares worth $43.1M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $1.03B.
By sector, the portfolio is most concentrated in Technology at 14% of assets, down from 14% a quarter earlier, followed by Financials and Healthcare.
- Wells Fargo's largest Q1 2024 buy was FT Vest US Equity Buffer ETF July: 970,130 shares worth $43.1M.
- Wells Fargo added most to Starbucks in Q1 2024, an estimated $853M increase.
- Wells Fargo's biggest Q1 2024 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.03B.
- Wells Fargo fully exited Splunk Inc in Q1 2024, selling an estimated $43.1M.
- Wells Fargo's ten largest holdings make up 19% of its $415B portfolio in Q1 2024.
- Wells Fargo opened 356 new positions and closed 456 in Q1 2024.
- Wells Fargo's portfolio value rose 8.3% quarter-over-quarter to $415B.
Based on Wells Fargo's 13F filing for Q1 2024, filed 10 May 2024.