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 |
Xtrackers USD High Yield Corporate Bond ETF
HYLB
|
+$457M |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$258M |
| 3 |
PSTH
Pershing Square Tontine Holdings, Ltd.
PSTH
|
+$220M |
| 4 |
SPDR Gold Trust
GLD
|
+$215M |
| 5 |
Intuit
INTU
|
+$172M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.63B |
| 2 |
Apple
AAPL
|
+$482M |
| 3 |
Microsoft
MSFT
|
+$437M |
| 4 |
VAR
Varian Medical Systems, Inc.
VAR
|
+$394M |
| 5 |
Vanguard Total Bond Market
BND
|
+$362M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 15.53% |
| 2 | Healthcare | 10.14% |
| 3 | Consumer Discretionary | 8.2% |
| 4 | Industrials | 7.7% |
| 5 | Financials | 7.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1001
Lamb Weston
LW
$7.19B
| $39.5M | 0.01% |
595,552
-943,019
| -61% | -$60.4M |
|
|
AMK
1002
DELISTED
AssetMark Financial Holdings, Inc.
AMK
| $39.4M | 0.01% |
1,813,223
+339,257
| +23% | +$8.54M |
|
1003
State Street SPDR Portfolio Short Term Treasury ETF
SPTS
$6.11B
| $39.3M | 0.01% |
1,280,769
-227,233
| -15% | -$6.98M |
|
1004
Nuveen Quality Municipal Income Fund
NAD
$2.78B
| $39.3M | 0.01% |
2,705,043
-3,068,764
| -53% | -$44.6M |
|
1005
NetEase
NTES
$84B
| $39.1M | 0.01% |
430,130
-256,425
| -37% | -$24.1M |
|
|
BSCO
1006
DELISTED
Invesco BulletShares 2024 Corporate Bond ETF
BSCO
| $38.9M | 0.01% |
1,752,085
+337,139
| +24% | +$7.5M |
|
1007
New York Times
NYT
$10.3B
| $38.3M | 0.01% |
894,606
-242,392
| -21% | -$10.6M |
|
1008
Teleflex
TFX
$5.95B
| $38.1M | 0.01% |
111,939
+2,067
| +2% | +$766K |
|
1009
Fox Factory Holding Corp
FOXF
$887M
| $38M | 0.01% |
511,311
-1,382
| -0.3% | -$124K |
|
1010
Sumitomo Mitsui Financial
SMFG
$163B
| $37.9M | 0.01% |
6,783,907
-114,539
| -2% | -$656K |
|
1011
iShares US Aerospace & Defense ETF
ITA
$14.7B
| $37.9M | 0.01% |
478,162
-73,858
| -13% | -$6.05M |
|
1012
Wheaton Precious Metals
WPM
$60.3B
| $37.6M | 0.01% |
766,472
+50,672
| +7% | +$2.58M |
|
1013
CVB Financial
CVBF
$4B
| $37.6M | 0.01% |
2,258,778
+350,426
| +18% | +$6.26M |
|
1014
Nuveen AMT-Free Quality Municipal Income Fund
NEA
$3.41B
| $37.4M | 0.01% |
2,611,135
-3,195,829
| -55% | -$45.9M |
|
1015
Evercore
EVR
$11.8B
| $37.4M | 0.01% |
570,957
-145,741
| -20% | -$8.85M |
|
1016
BlackRock Municipal 2030 Target Term Trust
BTT
$1.44B
| $37M | 0.01% |
1,481,962
-1,430,259
| -49% | -$35.3M |
|
1017
Exponent
EXPO
$3.24B
| $37M | 0.01% |
513,780
+18,872
| +4% | +$1.5M |
|
1018
Eastman Chemical
EMN
$8.5B
| $36.7M | 0.01% |
470,183
-85,990
| -15% | -$6.48M |
|
|
CCMP
1019
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $36.5M | 0.01% |
255,923
-160,820
| -39% | -$24M |
|
|
PXD
1020
DELISTED
Pioneer Natural Resource Co.
PXD
| $36.5M | 0.01% |
424,955
-90,692
| -18% | -$8.93M |
|
1021
Baidu
BIDU
$37.2B
| $36.5M | 0.01% |
288,483
-11,626
| -4% | -$1.44M |
|
1022
VanEck Semiconductor ETF
SMH
$72.8B
| $36.5M | 0.01% |
418,726
-676,706
| -62% | -$56.7M |
|
1023
iShares US Real Estate ETF
IYR
$4.65B
| $36.4M | 0.01% |
455,800
+112,435
| +33% | +$9.08M |
|
1024
Werner Enterprises
WERN
$2.24B
| $36.4M | 0.01% |
866,031
+40,064
| +5% | +$1.77M |
|
|
GF
1025
New Germany Fund
GF
$188M
| $36.3M | 0.01% |
2,153,241
+36,957
| +2% | +$618K |
|
Similar funds
Wells Fargo's Q3 2020 Portfolio in Review
As of Q3 2020, Wells Fargo held 7,404 positions worth $362B, up 5.3% from $344B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Wells Fargo's Q3 2020 filing shows 403 new, 2,558 increased, 3,361 reduced and 328 closed positions. Its largest new stake was Pershing Square Tontine Holdings, Ltd.: 9,801,595 shares worth $222M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $1.63B.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 15% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- Wells Fargo's largest Q3 2020 buy was Pershing Square Tontine Holdings, Ltd.: 9,801,595 shares worth $222M.
- Wells Fargo added most to Xtrackers USD High Yield Corporate Bond ETF in Q3 2020, an estimated $457M increase.
- Wells Fargo's biggest Q3 2020 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.63B.
- Wells Fargo fully exited IBERIABANK Corp in Q3 2020, selling an estimated $24.1M.
- Wells Fargo's ten largest holdings make up 16% of its $362B portfolio in Q3 2020.
- Wells Fargo opened 403 new positions and closed 328 in Q3 2020.
- Wells Fargo's portfolio value rose 5.3% quarter-over-quarter to $362B.
Based on Wells Fargo's 13F filing for Q3 2020, filed 5 Nov 2020.