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 |
Invesco QQQ Trust
QQQ
|
+$503M |
| 2 |
Chevron
CVX
|
+$472M |
| 3 |
Vanguard Long-Term Bond ETF
BLV
|
+$374M |
| 4 |
EOG Resources
EOG
|
+$354M |
| 5 |
ARK Innovation ETF
ARKK
|
+$253M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$5.2B |
| 2 |
M&T Bank
MTB
|
+$313M |
| 3 |
iShares Core 60/40 Balanced Allocation ETF
AOR
|
+$304M |
| 4 |
Apple
AAPL
|
+$197M |
| 5 |
iShares Core 80/20 Aggressive Allocation ETF
AOA
|
+$194M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.55% |
| 2 | Healthcare | 8.23% |
| 3 | Financials | 6.88% |
| 4 | Industrials | 6.54% |
| 5 | Consumer Discretionary | 5.29% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1076
Meritage Homes
MTH
$4.86B
| $21.7M | 0.01% |
371,784
+16,904
| +5% | +$909K |
|
1077
CALL
BioMarin Pharmaceuticals
BMRN
$12.3B
| $21.7M | 0.01% |
223,200
+203,200
| +1,016% | +$21.1M |
|
1078
Insperity
NSP
$2.01B
| $21.7M | 0.01% |
178,538
+11,301
| +7% | +$1.32M |
|
1079
Invesco KBW Bank ETF
KBWB
$6.87B
| $21.7M | 0.01% |
516,524
+170,182
| +49% | +$8.9M |
|
1080
BlackRock Taxable Municipal Bond Trust
BBN
$986M
| $21.7M | 0.01% |
1,208,200
+92,943
| +8% | +$1.64M |
|
1081
VictoryShares US 500 Volatility Wtd ETF
CFA
$550M
| $21.6M | 0.01% |
314,768
+2,979
| +1% | +$206K |
|
1082
First Financial Bankshares
FFIN
$4.97B
| $21.6M | 0.01% |
677,466
+29,718
| +5% | +$1.03M |
|
1083
Cogent Communications
CCOI
$497M
| $21.6M | 0.01% |
338,869
-11,599
| -3% | -$746K |
|
1084
Invesco High Yield Equity Dividend Achievers ETF
PEY
$1.17B
| $21.5M | 0.01% |
1,081,598
-472,687
| -30% | -$9.73M |
|
|
AOD
1085
abrdn Total Dynamic Dividend Fund
AOD
$1.12B
| $21.5M | 0.01% |
2,664,457
+61,664
| +2% | +$501K |
|
1086
Leggett & Platt
LEG
$1.31B
| $21.5M | 0.01% |
673,621
+24,300
| +4% | +$818K |
|
1087
Terreno Realty
TRNO
$7.49B
| $21.4M | 0.01% |
331,867
-6,841
| -2% | -$428K |
|
1088
Western Digital
WDC
$150B
| $21.4M | 0.01% |
752,641
-15,435
| -2% | -$453K |
|
1089
Idacorp
IDA
$8.2B
| $21.4M | 0.01% |
197,620
-7,731
| -4% | -$812K |
|
1090
Invesco S&P 500 Pure Growth ETF
RPG
$2.09B
| $21.4M | 0.01% |
707,095
-16,650
| -2% | -$508K |
|
|
JBGS
1091
JBG SMITH
JBGS
$708M
| $21.4M | 0.01% |
1,417,717
-10,430
| -0.7% | -$185K |
|
1092
XPO
XPO
$23.7B
| $21.3M | 0.01% |
668,982
-34,256
| -5% | -$1.23M |
|
1093
Ferrari
RACE
$72.5B
| $21.3M | 0.01% |
78,761
+4,225
| +6% | +$1.08M |
|
1094
Curtiss-Wright
CW
$25.5B
| $21.3M | 0.01% |
120,818
-7,532
| -6% | -$1.28M |
|
1095
PUT
Walt Disney
DIS
$181B
| $21.2M | 0.01% |
212,200
-65,500
| -24% | -$6.6M |
|
1096
Schwab US Broad Market ETF
SCHB
$44.9B
| $21.2M | 0.01% |
1,328,664
-91,431
| -6% | -$1.43M |
|
1097
Columbia Multi-Sector Municipal Income ETF
MUST
$595M
| $21.1M | 0.01% |
1,023,769
+45,360
| +5% | +$931K |
|
1098
Cracker Barrel
CBRL
$1.29B
| $21.1M | 0.01% |
185,466
+23,760
| +15% | +$2.6M |
|
1099
Cabot Corp
CBT
$4.52B
| $21.1M | 0.01% |
274,742
+14,035
| +5% | +$1.05M |
|
1100
Twilio
TWLO
$36.6B
| $21M | 0.01% |
315,719
+31,337
| +11% | +$1.93M |
|
Similar funds
Wells Fargo's Q1 2023 Portfolio in Review
As of Q1 2023, Wells Fargo held 7,943 positions worth $347B, up 4.2% from $333B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Wells Fargo's Q1 2023 filing shows 427 new, 3,865 increased, 2,015 reduced and 474 closed positions. Its largest new stake was GE HealthCare: 686,371 shares worth $56.3M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $5.2B.
By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 12% a quarter earlier, followed by Healthcare and Financials.
- Wells Fargo's largest Q1 2023 buy was GE HealthCare: 686,371 shares worth $56.3M.
- Wells Fargo added most to Invesco QQQ Trust in Q1 2023, an estimated $503M increase.
- Wells Fargo's biggest Q1 2023 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $5.2B.
- Wells Fargo fully exited STORE Capital Corporation in Q1 2023, selling an estimated $25.9M.
- Wells Fargo's ten largest holdings make up 17% of its $347B portfolio in Q1 2023.
- Wells Fargo opened 427 new positions and closed 474 in Q1 2023.
- Wells Fargo's portfolio value rose 4.2% quarter-over-quarter to $347B.
Based on Wells Fargo's 13F filing for Q1 2023, filed 12 May 2023.