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
|
+$3.29B |
| 2 |
iShares Core MSCI EAFE ETF
IEFA
|
+$1.37B |
| 3 |
Invesco QQQ Trust
QQQ
|
+$642M |
| 4 |
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
|
+$498M |
| 5 |
Nike
NKE
|
+$221M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Morningstar Mid-Cap ETF
VO
|
+$1.24B |
| 2 |
Clorox
CLX
|
+$326M |
| 3 |
Walmart Inc
WMT
|
+$228M |
| 4 |
iShares Russell Mid-Cap ETF
IWR
|
+$152M |
| 5 |
Microsoft
MSFT
|
+$151M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.61% |
| 2 | Healthcare | 8.1% |
| 3 | Financials | 6.84% |
| 4 | Industrials | 6.48% |
| 5 | Consumer Discretionary | 5.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
951
Royal Bank of Canada
RY
$292B
| $27.3M | 0.01% |
285,713
+5,039
| +2% | +$481K |
|
952
iShare MSCI Eurozone ETF
EZU
$9.73B
| $27.2M | 0.01% |
594,646
+144,463
| +32% | +$6.58M |
|
953
InterDigital
IDCC
$7.98B
| $27.2M | 0.01% |
281,951
-2,524
| -0.9% | -$204K |
|
954
First Trust Nasdaq Food & Beverage ETF
FTXG
$23.9M
| $27.2M | 0.01% |
1,037,152
-86,575
| -8% | -$2.33M |
|
955
VeriSign
VRSN
$27B
| $27.2M | 0.01% |
120,210
-1,592
| -1% | -$351K |
|
956
State Street SPDR ICE Preferred Securities ETF
PSK
$689M
| $27.1M | 0.01% |
809,120
-114,584
| -12% | -$3.84M |
|
957
Wabtec
WAB
$50.1B
| $27M | 0.01% |
246,553
-19,823
| -7% | -$1.97M |
|
958
iShares Global Clean Energy ETF
ICLN
$2.35B
| $27M | 0.01% |
1,469,319
-151,815
| -9% | -$2.85M |
|
959
Pinterest
PINS
$13.5B
| $27M | 0.01% |
988,721
+466,130
| +89% | +$11.6M |
|
960
iShares US Basic Materials ETF
IYM
$1.18B
| $27M | 0.01% |
202,871
+1,334
| +0.7% | +$172K |
|
961
Wynn Resorts
WYNN
$10.2B
| $26.9M | 0.01% |
254,775
+15,834
| +7% | +$1.7M |
|
962
iShares 10+ Year Investment Grade Corporate Bond ETF
IGLB
$2.82B
| $26.9M | 0.01% |
521,067
+26,600
| +5% | +$1.37M |
|
963
Invesco BulletShares 2028 Corporate Bond ETF
BSCS
$3.57B
| $26.9M | 0.01% |
1,360,368
+217,157
| +19% | +$4.34M |
|
964
Huntington Ingalls Industries
HII
$12.8B
| $26.8M | 0.01% |
117,944
+7,674
| +7% | +$1.59M |
|
965
Darling Ingredients
DAR
$9.5B
| $26.8M | 0.01% |
420,330
-14,201
| -3% | -$865K |
|
966
Ferrari
RACE
$70.5B
| $26.8M | 0.01% |
82,405
+3,644
| +5% | +$1.06M |
|
967
Invesco High Yield Equity Dividend Achievers ETF
PEY
$1.15B
| $26.8M | 0.01% |
1,393,795
+312,197
| +29% | +$6.02M |
|
968
Advanced Energy
AEIS
$11.9B
| $26.6M | 0.01% |
238,475
+5,235
| +2% | +$499K |
|
|
NIE
969
Virtus Equity & Convertible Income Fund
NIE
$723M
| $26.5M | 0.01% |
1,255,236
+35,697
| +3% | +$716K |
|
970
Trimble
TRMB
$13.5B
| $26.5M | 0.01% |
501,183
-40,991
| -8% | -$2M |
|
|
MRO
971
DELISTED
Marathon Oil Corporation
MRO
| $26.5M | 0.01% |
1,152,261
-241,795
| -17% | -$5.69M |
|
972
Steris
STE
$22.7B
| $26.5M | 0.01% |
117,858
+2,432
| +2% | +$487K |
|
973
iShares Morningstar Mid-Cap Growth ETF
IMCG
$3.98B
| $26.4M | 0.01% |
432,679
-64,651
| -13% | -$3.71M |
|
974
Azenta
AZTA
$1.38B
| $26.4M | 0.01% |
564,557
+440
| +0.1% | +$19.3K |
|
975
SPS Commerce
SPSC
$2.72B
| $26.3M | 0.01% |
137,114
+6,180
| +5% | +$998K |
|
Similar funds
Wells Fargo's Q2 2023 Portfolio in Review
As of Q2 2023, Wells Fargo held 7,830 positions worth $362B, up 4.4% from $347B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Wells Fargo's Q2 2023 filing shows 390 new, 3,912 increased, 2,324 reduced and 274 closed positions. Its largest new stake was State Street SPDR US Large Cap Low Volatility Index ETF: 257,436 shares worth $36.2M. The largest sale was Vanguard Morningstar Mid-Cap ETF, an estimated $1.24B.
By sector, the portfolio is most concentrated in Technology at 15% of assets, up from 14% a quarter earlier, followed by Healthcare and Financials.
- Wells Fargo's largest Q2 2023 buy was State Street SPDR US Large Cap Low Volatility Index ETF: 257,436 shares worth $36.2M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q2 2023, an estimated $3.29B increase.
- Wells Fargo's biggest Q2 2023 reduction was Vanguard Morningstar Mid-Cap ETF, cutting an estimated $1.24B.
- Wells Fargo fully exited ABB Ltd in Q2 2023, selling an estimated $67.4M.
- Wells Fargo's ten largest holdings make up 18% of its $362B portfolio in Q2 2023.
- Wells Fargo opened 390 new positions and closed 274 in Q2 2023.
- Wells Fargo's portfolio value rose 4.4% quarter-over-quarter to $362B.
Based on Wells Fargo's 13F filing for Q2 2023, filed 15 Aug 2023.