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 | |
|---|---|---|---|---|---|---|
851
Box
BOX
$4.39B
| $41.5M | 0.01% |
1,570,520
+248,057
| +19% | +$6.61M |
|
852
Schwab US Large- Cap ETF
SCHX
$72.9B
| $41.4M | 0.01% |
1,933,062
+32,622
| +2% | +$674K |
|
853
Zillow
Z
$8.04B
| $41.4M | 0.01% |
891,846
+846,262
| +1,856% | +$37.2M |
|
854
Global X MLP ETF
MLPA
$2.29B
| $41.3M | 0.01% |
851,328
+86,278
| +11% | +$4.1M |
|
855
Vanguard FTSE All-World ex-US Small-Cap Index Fund
VSS
$11.4B
| $41.2M | 0.01% |
350,282
-1,709
| -0.5% | -$201K |
|
856
iShares Expanded Tech Sector ETF
IGM
$10.3B
| $41.1M | 0.01% |
435,364
+27,099
| +7% | +$2.37M |
|
857
State Street SPDR S&P Homebuilders ETF
XHB
$1.49B
| $40.9M | 0.01% |
404,997
+305,549
| +307% | +$31.9M |
|
858
Baker Hughes
BKR
$60.4B
| $40.4M | 0.01% |
1,149,671
+53,434
| +5% | +$1.75M |
|
859
ALPS Sector Dividend Dogs ETF
SDOG
$1.42B
| $40.4M | 0.01% |
764,973
-34,253
| -4% | -$1.82M |
|
860
West Pharmaceutical
WST
$24.5B
| $40.3M | 0.01% |
122,333
-11,135
| -8% | -$3.94M |
|
861
First Trust Nasdaq Semiconductor ETF
FTXL
$1.34B
| $40M | 0.01% |
400,785
+29,530
| +8% | +$2.71M |
|
862
Kadant
KAI
$3.83B
| $39.8M | 0.01% |
135,637
+37,601
| +38% | +$10.7M |
|
863
iShares iBonds Dec 2030 Term Corporate ETF
IBDV
$3.27B
| $39.8M | 0.01% |
1,871,102
+843,811
| +82% | +$17.8M |
|
864
Western Midstream Partners
WES
$19.3B
| $39.4M | 0.01% |
991,191
-88,487
| -8% | -$3.26M |
|
|
VPU
865
Vanguard Utilities ETF
VPU
$8.48B
| $39.1M | 0.01% |
264,627
-6,169
| -2% | -$919K |
|
866
Invesco CEF Income Composite ETF
PCEF
$806M
| $39M | 0.01% |
2,071,962
-34,856
| -2% | -$643K |
|
867
Cboe Global Markets
CBOE
$31.2B
| $39M | 0.01% |
229,203
-34,955
| -13% | -$6.21M |
|
|
FITB
868
Fifth Third Bancorp
FITB
$51.6B
| $38.8M | 0.01% |
1,063,700
+98,302
| +10% | +$3.59M |
|
869
Modine Manufacturing
MOD
$10.4B
| $38.7M | 0.01% |
386,343
-34,995
| -8% | -$3.36M |
|
870
Meritage Homes
MTH
$4.71B
| $38.6M | 0.01% |
477,252
+265,702
| +126% | +$22.4M |
|
871
Tetra Tech
TTEK
$8.66B
| $38.4M | 0.01% |
938,590
+5,580
| +0.6% | +$227K |
|
872
State Street
STT
$50.5B
| $38.3M | 0.01% |
517,943
-24,828
| -5% | -$1.85M |
|
873
State Street SPDR Portfolio S&P 600 Small Cap ETF
SPSM
$17.3B
| $37.8M | 0.01% |
910,907
+18,239
| +2% | +$760K |
|
874
Southern Copper
SCCO
$146B
| $37.7M | 0.01% |
374,179
+160,769
| +75% | +$17.1M |
|
875
VICI Properties
VICI
$29.2B
| $37.7M | 0.01% |
1,316,595
-289,492
| -18% | -$8.31M |
|
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.