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 | |
|---|---|---|---|---|---|---|
876
State Street SPDR Portfolio S&P 600 Small Cap ETF
SPSM
$17.3B
| $38.4M | 0.01% |
892,668
-204,895
| -19% | -$8.47M |
|
877
Western Midstream Partners
WES
$19.4B
| $38.4M | 0.01% |
1,079,678
-180,758
| -14% | -$5.61M |
|
|
878
PUT
Medtronic
MDT
$110B
| $38.3M | 0.01% |
439,400
+439,000
| +109,750% | +$37.5M |
|
879
International Paper
IP
$21.5B
| $38.1M | 0.01% |
976,368
-61,687
| -6% | -$2.24M |
|
880
PUT
Chevron
CVX
$371B
| $38M | 0.01% |
241,200
-208,200
| -46% | -$31.4M |
|
881
LKQ Corp
LKQ
$6.19B
| $37.9M | 0.01% |
708,995
+182,262
| +35% | +$9.04M |
|
882
iShares US Real Estate ETF
IYR
$4.63B
| $37.8M | 0.01% |
420,956
-55,582
| -12% | -$4.91M |
|
883
Invesco S&P MidCap 400 Revenue ETF
RWK
$1.34B
| $37.5M | 0.01% |
325,857
-572
| -0.2% | -$60.9K |
|
884
iShares iBonds Dec 2030 Term Treasury ETF
IBTK
$974M
| $37.5M | 0.01% |
1,931,259
-226
| -0% | -$4.4K |
|
885
ARK Genomic Revolution ETF
ARKG
$1.63B
| $37.5M | 0.01% |
1,303,299
+527,894
| +68% | +$15.9M |
|
886
Box
BOX
$4.41B
| $37.5M | 0.01% |
1,322,463
-92,033
| -7% | -$2.47M |
|
887
Toyota
TM
$222B
| $37.4M | 0.01% |
148,449
-17,387
| -10% | -$3.85M |
|
888
Aptiv
APTV
$9.61B
| $37.2M | 0.01% |
467,225
+11,574
| +3% | +$933K |
|
889
Vanguard Russell 1000 ETF
VONE
$8.52B
| $37.2M | 0.01% |
155,928
+2,204
| +1% | +$500K |
|
890
Veeva Systems
VEEV
$35.4B
| $37.1M | 0.01% |
159,978
+12,027
| +8% | +$2.6M |
|
891
Global X MLP ETF
MLPA
$2.28B
| $36.9M | 0.01% |
765,050
-404
| -0.1% | -$18.6K |
|
892
Fidelity National Financial
FNF
$14.1B
| $36.8M | 0.01% |
692,318
-20,048
| -3% | -$1.01M |
|
893
Baker Hughes
BKR
$62.3B
| $36.7M | 0.01% |
1,096,237
+10,861
| +1% | +$335K |
|
894
A.O. Smith
AOS
$8.56B
| $36.6M | 0.01% |
409,359
+1,237
| +0.3% | +$102K |
|
895
DoorDash
DASH
$92.9B
| $36.5M | 0.01% |
264,908
+65,756
| +33% | +$7.75M |
|
896
Viatris
VTRS
$19B
| $36.4M | 0.01% |
3,049,879
+147,285
| +5% | +$1.77M |
|
897
Invesco BulletShares 2029 Corporate Bond ETF
BSCT
$2.91B
| $36.3M | 0.01% |
1,984,128
+692,541
| +54% | +$12.7M |
|
898
Ryanair
RYAAY
$31.4B
| $36.3M | 0.01% |
623,220
-790
| -0.1% | -$42.9K |
|
899
Reliance Steel & Aluminium
RS
$21.3B
| $36.2M | 0.01% |
108,227
+4,387
| +4% | +$1.34M |
|
900
Artisan Partners
APAM
$3.06B
| $36.1M | 0.01% |
789,172
-8,005
| -1% | -$344K |
|
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.