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
|
+$506M |
| 2 |
Microsoft
MSFT
|
+$336M |
| 3 |
Amazon
AMZN
|
+$287M |
| 4 |
Apple
AAPL
|
+$269M |
| 5 |
Meta Platforms (Facebook)
META
|
+$233M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Air Products & Chemicals
APD
|
+$425M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$334M |
| 3 |
United Parcel Service
UPS
|
+$148M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$128M |
| 5 |
Vanguard Morningstar Mid-Cap ETF
VO
|
+$124M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.28% |
| 2 | Financials | 7.45% |
| 3 | Healthcare | 7.23% |
| 4 | Industrials | 6.23% |
| 5 | Consumer Discretionary | 5.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AOD
1101
abrdn Total Dynamic Dividend Fund
AOD
$1.11B
| $25.3M | 0.01% |
3,013,995
-13,077
| -0.4% | -$107K |
|
1102
iShares US Insurance ETF
IAK
$537M
| $25.3M | 0.01% |
224,069
+5,674
| +3% | +$647K |
|
1103
Ball Corp
BALL
$17.3B
| $25.3M | 0.01% |
421,174
-51,622
| -11% | -$3.46M |
|
1104
Invesco DB Oil Fund
DBO
$380M
| $25.2M | 0.01% |
1,592,910
-63,974
| -4% | -$993K |
|
1105
NetApp
NTAP
$35B
| $25.1M | 0.01% |
194,879
+39,149
| +25% | +$4.4M |
|
|
NIE
1106
Virtus Equity & Convertible Income Fund
NIE
$719M
| $25.1M | 0.01% |
1,080,016
+93,884
| +10% | +$2.1M |
|
1107
PUT
lululemon athletica
LULU
$13.5B
| $25.1M | 0.01% |
+84,000
| New | +$28.1M |
|
1108
Builders FirstSource
BLDR
$7.15B
| $25.1M | 0.01% |
181,221
+35,224
| +24% | +$5.98M |
|
1109
FTAI Aviation
FTAI
$21.1B
| $25.1M | 0.01% |
242,864
+13,257
| +6% | +$1.05M |
|
1110
Wolfspeed
WOLF
$1.23B
| $25.1M | 0.01% |
1,101,323
-91,768
| -8% | -$2.37M |
|
1111
Bank of America Series L
BAC.PRL
$3.97B
| $25M | 0.01% |
20,927
-468
| -2% | -$551K |
|
|
BSJP
1112
DELISTED
Invesco BulletShares 2025 High Yield Corporate Bond ETF
BSJP
| $25M | 0.01% |
1,091,281
+50,662
| +5% | +$1.16M |
|
1113
Sixth Street Specialty
TSLX
$1.63B
| $25M | 0.01% |
1,170,846
-104,414
| -8% | -$2.23M |
|
1114
State Street SPDR Portfolio Developed World ex-US ETF
SPDW
$40.5B
| $25M | 0.01% |
712,323
+37,489
| +6% | +$1.33M |
|
1115
State Street SPDR S&P Retail ETF
XRT
$329M
| $24.9M | 0.01% |
331,551
+14,266
| +4% | +$1.07M |
|
1116
UBS Group
UBS
$173B
| $24.9M | 0.01% |
841,483
+7,625
| +0.9% | +$227K |
|
1117
PUT
Berkshire Hathaway Class B
BRK.B
$1.1T
| $24.9M | 0.01% |
61,100
-300
| -0.5% | -$123K |
|
1118
Pentair
PNR
$10.4B
| $24.8M | 0.01% |
323,646
+66,565
| +26% | +$5.36M |
|
1119
Exelon
EXC
$47.2B
| $24.8M | 0.01% |
716,919
+261,634
| +57% | +$9.66M |
|
1120
CALL
Akamai
AKAM
$16.7B
| $24.8M | 0.01% |
275,000
+25,000
| +10% | +$2.42M |
|
1121
VanEck Intermediate Muni ETF
ITM
$2.14B
| $24.7M | 0.01% |
539,791
-63,031
| -10% | -$2.89M |
|
1122
EastGroup Properties
EGP
$11.2B
| $24.6M | 0.01% |
144,618
-20,859
| -13% | -$3.45M |
|
1123
Burlington
BURL
$23.2B
| $24.6M | 0.01% |
102,492
-11,194
| -10% | -$2.3M |
|
1124
Veralto
VLTO
$23B
| $24.5M | 0.01% |
256,696
+47,898
| +23% | +$4.58M |
|
1125
Snap
SNAP
$7.89B
| $24.5M | 0.01% |
1,472,328
+832,561
| +130% | +$11.9M |
|
Similar funds
Wells Fargo's Q2 2024 Portfolio in Review
As of Q2 2024, Wells Fargo held 7,784 positions worth $412B, down 0.64% from $415B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Wells Fargo's Q2 2024 filing shows 385 new, 3,309 increased, 2,368 reduced and 948 closed positions. Its largest new stake was NextEra Energy 7.299% Corporate Units: 1,487,927 shares worth $73.6M. The largest sale was Air Products & Chemicals, an estimated $425M.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 14% a quarter earlier, followed by Financials and Healthcare.
- Wells Fargo's largest Q2 2024 buy was NextEra Energy 7.299% Corporate Units: 1,487,927 shares worth $73.6M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q2 2024, an estimated $506M increase.
- Wells Fargo's biggest Q2 2024 reduction was Air Products & Chemicals, cutting an estimated $425M.
- Wells Fargo fully exited Pioneer Natural Resource Co. in Q2 2024, selling an estimated $88.9M.
- Wells Fargo's ten largest holdings make up 19% of its $412B portfolio in Q2 2024.
- Wells Fargo opened 385 new positions and closed 948 in Q2 2024.
- Wells Fargo's portfolio value fell 0.64% quarter-over-quarter to $412B.
Based on Wells Fargo's 13F filing for Q2 2024, filed 13 Aug 2024.