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 | |
|---|---|---|---|---|---|---|
1001
State Street SPDR S&P 600 Small Cap Value ETF
SLYV
$5B
| $25M | 0.01% |
323,605
-56,992
| -15% | -$4.24M |
|
1002
WisdomTree US LargeCap Dividend Fund
DLN
$6.3B
| $24.9M | 0.01% |
391,614
+3,366
| +0.9% | +$209K |
|
1003
WisdomTree US Total Dividend Fund
DTD
$1.67B
| $24.9M | 0.01% |
400,899
-21,777
| -5% | -$1.32M |
|
1004
Bank of America Series L
BAC.PRL
$3.97B
| $24.8M | 0.01% |
21,204
+775
| +4% | +$908K |
|
1005
Equity Residential
EQR
$25.3B
| $24.8M | 0.01% |
375,201
-15,896
| -4% | -$993K |
|
1006
Brookfield Infrastructure
BIPC
$4.97B
| $24.7M | 0.01% |
541,586
+27,535
| +5% | +$1.25M |
|
1007
BancFirst
BANF
$3.83B
| $24.7M | 0.01% |
268,319
+3,268
| +1% | +$275K |
|
1008
Global X MLP & Energy Infrastructure ETF
MLPX
$3.6B
| $24.6M | 0.01% |
591,715
-15,509
| -3% | -$621K |
|
1009
Encompass Health
EHC
$11.2B
| $24.6M | 0.01% |
362,859
-53,964
| -13% | -$3.38M |
|
1010
iShares US Insurance ETF
IAK
$537M
| $24.5M | 0.01% |
278,550
-9,951
| -3% | -$859K |
|
1011
Molina Healthcare
MOH
$10.2B
| $24.4M | 0.01% |
80,970
-7,165
| -8% | -$2.06M |
|
1012
Smith & Nephew
SNN
$13.5B
| $24.4M | 0.01% |
755,457
-90,058
| -11% | -$2.79M |
|
1013
PUT
Hilton Worldwide
HLT
$70.7B
| $24.3M | 0.01% |
167,000
| – | – |
|
|
VPU
1014
Vanguard Utilities ETF
VPU
$8.48B
| $24.3M | 0.01% |
170,622
-12,533
| -7% | -$1.84M |
|
1015
Cleveland-Cliffs
CLF
$6.4B
| $24.2M | 0.01% |
1,446,363
-114,777
| -7% | -$1.82M |
|
1016
Genmab
GMAB
$17.6B
| $24.2M | 0.01% |
636,381
-16,876
| -3% | -$673K |
|
1017
HSBC
HSBC
$370B
| $24.2M | 0.01% |
609,617
+1,758
| +0.3% | +$65.6K |
|
1018
Donaldson
DCI
$11.1B
| $24.1M | 0.01% |
384,888
-13,060
| -3% | -$817K |
|
1019
Waters Corp
WAT
$36.8B
| $24M | 0.01% |
90,083
+14,693
| +19% | +$4.09M |
|
1020
PUT
Palo Alto Networks
PANW
$283B
| $23.8M | 0.01% |
+186,600
| New | +$19.4M |
|
1021
Cinemark Holdings
CNK
$4.39B
| $23.8M | 0.01% |
1,443,331
+195,605
| +16% | +$3.25M |
|
1022
Bunge Global
BG
$20.2B
| $23.8M | 0.01% |
252,167
-75,336
| -23% | -$6.99M |
|
1023
Invesco S&P 500 Pure Value ETF
RPV
$1.67B
| $23.8M | 0.01% |
306,601
-427,492
| -58% | -$31.9M |
|
1024
State Street SPDR S&P Retail ETF
XRT
$329M
| $23.7M | 0.01% |
371,637
-17,001
| -4% | -$1.04M |
|
|
BKI
1025
DELISTED
Black Knight, Inc. Common Stock
BKI
| $23.7M | 0.01% |
396,159
-6,869
| -2% | -$386K |
|
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.