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 |
iShares Core MSCI EAFE ETF
IEFA
|
+$731M |
| 2 |
Amazon
AMZN
|
+$442M |
| 3 |
S&P Global
SPGI
|
+$385M |
| 4 |
ARK Innovation ETF
ARKK
|
+$253M |
| 5 |
UnitedHealth
UNH
|
+$245M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.71B |
| 2 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$1.05B |
| 3 |
Apple
AAPL
|
+$629M |
| 4 |
US Bancorp
USB
|
+$575M |
| 5 |
Microsoft
MSFT
|
+$443M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.15% |
| 2 | Healthcare | 8.09% |
| 3 | Financials | 7.18% |
| 4 | Industrials | 6.24% |
| 5 | Consumer Discretionary | 5.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1026
Cleveland-Cliffs
CLF
$6.98B
| $22M | 0.01% |
1,410,055
-36,308
| -3% | -$567K |
|
1027
BioMarin Pharmaceuticals
BMRN
$11.9B
| $22M | 0.01% |
248,830
+8,204
| +3% | +$730K |
|
1028
Hewlett Packard
HPE
$69.4B
| $22M | 0.01% |
1,266,205
-384,812
| -23% | -$6.62M |
|
1029
Builders FirstSource
BLDR
$7.8B
| $21.8M | 0.01% |
175,175
+31,454
| +22% | +$4.34M |
|
1030
iShares JPMorgan EM Corporate Bond ETF
CEMB
$405M
| $21.8M | 0.01% |
515,256
+80,440
| +18% | +$3.45M |
|
1031
Zscaler
ZS
$26.3B
| $21.8M | 0.01% |
140,036
+2,816
| +2% | +$422K |
|
1032
Invesco FTSE RAFI US 1500 Small-Mid ETF
PRFZ
$2.84B
| $21.8M | 0.01% |
659,607
+77,117
| +13% | +$2.68M |
|
1033
Consolidated Edison
ED
$40.2B
| $21.7M | 0.01% |
254,272
-95,378
| -27% | -$8.69M |
|
1034
Wabtec
WAB
$49.9B
| $21.7M | 0.01% |
204,599
-41,954
| -17% | -$4.67M |
|
1035
iShares S&P GSCI Commodity-Indexed Trust
GSG
$968M
| $21.7M | 0.01% |
965,815
+194,293
| +25% | +$4.17M |
|
1036
Agree Realty
ADC
$9.5B
| $21.7M | 0.01% |
393,434
-3,839
| -1% | -$240K |
|
1037
Insulet
PODD
$9.65B
| $21.7M | 0.01% |
136,154
-17,858
| -12% | -$4M |
|
1038
Darling Ingredients
DAR
$9.62B
| $21.7M | 0.01% |
415,455
-4,875
| -1% | -$305K |
|
1039
Evertec
EVTC
$1.85B
| $21.6M | 0.01% |
582,124
-24,628
| -4% | -$960K |
|
1040
United States Natural Gas Fund
UNG
$450M
| $21.6M | 0.01% |
790,769
-147,592
| -16% | -$4.13M |
|
1041
Dell
DELL
$283B
| $21.6M | 0.01% |
313,353
-25,847
| -8% | -$1.54M |
|
1042
BWX Technologies
BWXT
$15.3B
| $21.6M | 0.01% |
287,859
-79,397
| -22% | -$5.74M |
|
1043
iShares US Home Construction ETF
ITB
$2.28B
| $21.6M | 0.01% |
274,824
-132,693
| -33% | -$11.3M |
|
1044
Steris
STE
$22.6B
| $21.5M | 0.01% |
98,204
-19,654
| -17% | -$4.45M |
|
|
IFLN
1045
Invesco Bloomberg Enhanced Fallen Angels ETF
IFLN
$306M
| $21.5M | 0.01% |
1,261,020
-15,409
| -1% | -$268K |
|
1046
Littelfuse
LFUS
$11.7B
| $21.5M | 0.01% |
86,883
-1,164
| -1% | -$315K |
|
1047
FS KKR Capital
FSK
$3.33B
| $21.4M | 0.01% |
1,087,395
-17,089
| -2% | -$342K |
|
1048
Sprott Physical Gold
PHYS
$15.3B
| $21.3M | 0.01% |
1,486,642
-88,696
| -6% | -$1.33M |
|
1049
Invesco CEF Income Composite ETF
PCEF
$811M
| $21.3M | 0.01% |
1,243,835
-1,900
| -0.2% | -$34K |
|
1050
PIMCO 1-5 Year US TIPS Index Exchange-Traded Fund
STPZ
$516M
| $21.3M | 0.01% |
424,509
-147,453
| -26% | -$7.41M |
|
Similar funds
Wells Fargo's Q3 2023 Portfolio in Review
As of Q3 2023, Wells Fargo held 7,828 positions worth $341B, down 5.8% from $362B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Wells Fargo's Q3 2023 filing shows 318 new, 2,125 increased, 4,030 reduced and 353 closed positions. Its largest new stake was TKO Group: 129,045 shares worth $10.8M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $3.71B.
By sector, the portfolio is most concentrated in Technology at 14% of assets, down from 15% a quarter earlier, followed by Healthcare and Financials.
- Wells Fargo's largest Q3 2023 buy was TKO Group: 129,045 shares worth $10.8M.
- Wells Fargo added most to iShares Core MSCI EAFE ETF in Q3 2023, an estimated $731M increase.
- Wells Fargo's biggest Q3 2023 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $3.71B.
- Wells Fargo fully exited PG&E Corporation in Q3 2023, selling an estimated $86.2M.
- Wells Fargo's ten largest holdings make up 18% of its $341B portfolio in Q3 2023.
- Wells Fargo opened 318 new positions and closed 353 in Q3 2023.
- Wells Fargo's portfolio value fell 5.8% quarter-over-quarter to $341B.
Based on Wells Fargo's 13F filing for Q3 2023, filed 13 Nov 2023.