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
|
+$790M |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$649M |
| 3 |
iShares Core MSCI EAFE ETF
IEFA
|
+$257M |
| 4 |
Amazon
AMZN
|
+$211M |
| 5 |
Vanguard Total Bond Market
BND
|
+$185M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$487M |
| 2 |
Microsoft
MSFT
|
+$287M |
| 3 |
Xtrackers USD High Yield Corporate Bond ETF
HYLB
|
+$162M |
| 4 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$144M |
| 5 |
Donaldson
DCI
|
+$137M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.38% |
| 2 | Healthcare | 7.44% |
| 3 | Financials | 7.25% |
| 4 | Industrials | 6.34% |
| 5 | Consumer Discretionary | 5.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1051
Schwab Short-Term US Treasury ETF
SCHO
$12.8B
| $24.5M | 0.01% |
1,009,548
+299,452
| +42% | +$7.19M |
|
1052
Okta
OKTA
$24.9B
| $24.4M | 0.01% |
269,868
-175,861
| -39% | -$13.4M |
|
1053
Armstrong World Industries
AWI
$7.78B
| $24.3M | 0.01% |
247,324
-1,440
| -0.6% | -$119K |
|
1054
Cleveland-Cliffs
CLF
$6.98B
| $24.3M | 0.01% |
1,190,715
-219,340
| -16% | -$3.75M |
|
1055
PUT
Salesforce
CRM
$153B
| $24.3M | 0.01% |
92,400
+40,300
| +77% | +$9.12M |
|
1056
Invesco KBW Bank ETF
KBWB
$6.86B
| $24.3M | 0.01% |
494,060
+22,190
| +5% | +$939K |
|
1057
Skyworks Solutions
SWKS
$10.1B
| $24.3M | 0.01% |
216,085
-25,924
| -11% | -$2.54M |
|
1058
Spotify
SPOT
$97.7B
| $24.3M | 0.01% |
129,178
+18,619
| +17% | +$3.25M |
|
1059
Halozyme
HALO
$10.2B
| $24.3M | 0.01% |
656,684
-18,155
| -3% | -$684K |
|
1060
Moog Inc Class A
MOG.A
$13B
| $24.1M | 0.01% |
166,232
-4,949
| -3% | -$640K |
|
1061
Casey's General Stores
CASY
$30.8B
| $24.1M | 0.01% |
87,555
-3,963
| -4% | -$1.08M |
|
1062
Vail Resorts
MTN
$5.23B
| $24M | 0.01% |
112,600
+3,936
| +4% | +$862K |
|
1063
Invesco S&P 500 Pure Value ETF
RPV
$1.67B
| $24M | 0.01% |
292,840
-32,148
| -10% | -$2.41M |
|
1064
Nuveen Quality Municipal Income Fund
NAD
$2.76B
| $24M | 0.01% |
2,099,206
-281,062
| -12% | -$2.97M |
|
1065
Bank of America Series L
BAC.PRL
$3.98B
| $24M | 0.01% |
19,912
-50
| -0.3% | -$55.8K |
|
1066
Agree Realty
ADC
$9.5B
| $24M | 0.01% |
381,236
-12,198
| -3% | -$707K |
|
1067
Integra LifeSciences
IART
$1.33B
| $24M | 0.01% |
550,880
+264,128
| +92% | +$10.4M |
|
1068
Restaurant Brands International
QSR
$25.3B
| $24M | 0.01% |
306,921
+26,326
| +9% | +$1.83M |
|
1069
Sprott Physical Gold
PHYS
$15.3B
| $24M | 0.01% |
1,504,105
+17,463
| +1% | +$268K |
|
1070
Invesco BulletShares 2029 Corporate Bond ETF
BSCT
$2.91B
| $24M | 0.01% |
1,291,587
+377,277
| +41% | +$6.71M |
|
|
CWAN
1071
DELISTED
Clearwater Analytics
CWAN
| $23.9M | 0.01% |
1,192,215
+622,365
| +109% | +$12.3M |
|
1072
Global X MLP & Energy Infrastructure ETF
MLPX
$3.59B
| $23.8M | 0.01% |
533,770
-59,919
| -10% | -$2.6M |
|
1073
iShares US Consumer Staples ETF
IYK
$1.41B
| $23.7M | 0.01% |
370,980
-128,931
| -26% | -$8.02M |
|
1074
Coherent
COHR
$65.4B
| $23.7M | 0.01% |
544,228
-10,681
| -2% | -$385K |
|
1075
VeriSign
VRSN
$26.4B
| $23.7M | 0.01% |
115,013
+12,857
| +13% | +$2.68M |
|
Similar funds
Wells Fargo's Q4 2023 Portfolio in Review
As of Q4 2023, Wells Fargo held 7,882 positions worth $383B, up 12% from $341B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Wells Fargo's Q4 2023 filing shows 408 new, 3,686 increased, 2,463 reduced and 394 closed positions. Its largest new stake was FT Vest US Equity Buffer ETF April: 1,231,825 shares worth $43.1M. The largest sale was Invesco QQQ Trust, an estimated $487M.
By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 14% a quarter earlier, followed by Healthcare and Financials.
- Wells Fargo's largest Q4 2023 buy was FT Vest US Equity Buffer ETF April: 1,231,825 shares worth $43.1M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q4 2023, an estimated $790M increase.
- Wells Fargo's biggest Q4 2023 reduction was Invesco QQQ Trust, cutting an estimated $487M.
- Wells Fargo fully exited Activision Blizzard in Q4 2023, selling an estimated $65.2M.
- Wells Fargo's ten largest holdings make up 18% of its $383B portfolio in Q4 2023.
- Wells Fargo opened 408 new positions and closed 394 in Q4 2023.
- Wells Fargo's portfolio value rose 12% quarter-over-quarter to $383B.
Based on Wells Fargo's 13F filing for Q4 2023, filed 9 Feb 2024.