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
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1B |
| 2 |
Microsoft
MSFT
|
+$878M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$748M |
| 4 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$647M |
| 5 |
Amazon
AMZN
|
+$436M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.09% |
| 2 | Healthcare | 9.01% |
| 3 | Financials | 7.29% |
| 4 | Industrials | 6.45% |
| 5 | Consumer Discretionary | 5.37% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1001
Veeva Systems
VEEV
$33.5B
| $25.7M | 0.01% |
129,852
-43,445
| -25% | -$7.99M |
|
1002
Texas Pacific Land
TPL
$28B
| $25.6M | 0.01% |
154,881
+6,795
| +5% | +$1.11M |
|
1003
Invesco S&P 500 Top 50 ETF
XLG
$10.8B
| $25.6M | 0.01% |
893,350
-374,160
| -30% | -$11.7M |
|
1004
Fox Factory Holding Corp
FOXF
$785M
| $25.6M | 0.01% |
317,838
-81,972
| -21% | -$6.9M |
|
1005
AptarGroup
ATR
$8.7B
| $25.6M | 0.01% |
247,882
-53,822
| -18% | -$5.87M |
|
1006
Lumen
LUMN
$6.65B
| $25.6M | 0.01% |
2,344,213
-332,411
| -12% | -$3.73M |
|
1007
Alliant Energy
LNT
$18.5B
| $25.5M | 0.01% |
435,671
-78,141
| -15% | -$4.72M |
|
1008
Healthpeak Properties
DOC
$14.9B
| $25.4M | 0.01% |
981,776
-255,528
| -21% | -$7.74M |
|
1009
State Street SPDR ICE Preferred Securities ETF
PSK
$689M
| $25.4M | 0.01% |
708,461
-68,162
| -9% | -$2.47M |
|
1010
State Street SPDR S&P Retail ETF
XRT
$329M
| $25.3M | 0.01% |
435,119
-216,044
| -33% | -$14.7M |
|
1011
iShares Interest Rate Hedged Corporate Bond ETF
LQDH
$533M
| $25.2M | 0.01% |
279,573
+260,466
| +1,363% | +$23.9M |
|
|
NIE
1012
Virtus Equity & Convertible Income Fund
NIE
$723M
| $25.2M | 0.01% |
1,212,963
-56,448
| -4% | -$1.31M |
|
1013
Organon & Co
OGN
$3.56B
| $25.1M | 0.01% |
743,590
-384,946
| -34% | -$13.5M |
|
1014
CACI
CACI
$11.3B
| $25M | 0.01% |
88,839
-23,579
| -21% | -$6.56M |
|
1015
Waters Corp
WAT
$36.8B
| $25M | 0.01% |
75,447
-28,566
| -27% | -$9.07M |
|
1016
iShares China Large-Cap ETF
FXI
$4.35B
| $24.9M | 0.01% |
734,419
+548,748
| +296% | +$17.2M |
|
1017
BlackRock Enhanced Equity Dividend Trust
BDJ
$1.73B
| $24.9M | 0.01% |
2,814,471
-62,365
| -2% | -$584K |
|
1018
Schwab US Large-Cap Growth ETF
SCHG
$61.2B
| $24.8M | 0.01% |
1,712,332
+152,192
| +10% | +$2.43M |
|
1019
BJs Wholesale Club
BJ
$12.4B
| $24.7M | 0.01% |
396,587
-121,723
| -23% | -$7.65M |
|
1020
CALL
Walmart Inc
WMT
$881B
| $24.7M | 0.01% |
609,600
-116,100
| -16% | -$5.35M |
|
1021
Donaldson
DCI
$11.1B
| $24.6M | 0.01% |
510,743
-130,470
| -20% | -$6.57M |
|
1022
Invesco BulletShares 2026 Corporate Bond ETF
BSCQ
$3.64B
| $24.6M | 0.01% |
1,275,295
+521,933
| +69% | +$10.2M |
|
1023
Armstrong World Industries
AWI
$7.58B
| $24.5M | 0.01% |
327,476
+55,791
| +21% | +$4.72M |
|
1024
Eastman Chemical
EMN
$8.23B
| $24.5M | 0.01% |
273,358
-34,954
| -11% | -$3.62M |
|
1025
VeriSign
VRSN
$27B
| $24.5M | 0.01% |
146,418
-57,346
| -28% | -$10.5M |
|
Similar funds
Wells Fargo's Q2 2022 Portfolio in Review
As of Q2 2022, Wells Fargo held 8,080 positions worth $323B, down 17% from $390B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Wells Fargo withdrew a net $12.6B in Q2 2022, closing 375 positions and reducing 4,229 holdings. Its most notable exit was People's United Financial Inc, an estimated $250M position sold in full.
By sector, the portfolio is most concentrated in Technology at 13% of assets, down from 15% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Wells Fargo opened a new position in Aspen Technology Inc worth $80.2M.
- Wells Fargo's largest Q2 2022 buy was Aspen Technology Inc: 436,654 shares worth $80.2M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q2 2022, an estimated $2.47B increase.
- Wells Fargo's biggest Q2 2022 reduction was Apple, cutting an estimated $1B.
- Wells Fargo fully exited People's United Financial Inc in Q2 2022, selling an estimated $250M.
- Wells Fargo's ten largest holdings make up 18% of its $323B portfolio in Q2 2022.
- Wells Fargo opened 271 new positions and closed 375 in Q2 2022.
- Wells Fargo's portfolio value fell 17% quarter-over-quarter to $323B.
Based on Wells Fargo's 13F filing for Q2 2022, filed 12 Aug 2022.