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 | |
|---|---|---|---|---|---|---|
1126
iShare MSCI Eurozone ETF
EZU
$9.91B
| $20.3M | 0.01% |
450,183
+256,762
| +133% | +$11.2M |
|
1127
Sprott Physical Gold
PHYS
$15.7B
| $20.3M | 0.01% |
1,312,440
+3,271
| +0.2% | +$48K |
|
1128
iShares Future Exponential Technologies ETF
XT
$3.97B
| $20.3M | 0.01% |
384,709
-2,726
| -0.7% | -$140K |
|
1129
Evertec
EVTC
$1.78B
| $20.2M | 0.01% |
599,880
+59,612
| +11% | +$2.09M |
|
1130
PG&E
PCG
$38.5B
| $20.1M | 0.01% |
1,245,374
+50,455
| +4% | +$797K |
|
1131
Organon & Co
OGN
$3.57B
| $20.1M | 0.01% |
856,088
+125,502
| +17% | +$3.37M |
|
1132
BlackRock Science and Technology Trust
BST
$1.69B
| $20.1M | 0.01% |
622,434
-5,592
| -0.9% | -$178K |
|
1133
Globe Life
GL
$14.3B
| $20.1M | 0.01% |
182,903
-9,802
| -5% | -$1.15M |
|
1134
BlackRock Enhanced Equity Dividend Trust
BDJ
$1.73B
| $20.1M | 0.01% |
2,341,611
-64,225
| -3% | -$572K |
|
1135
Hamilton Lane
HLNE
$5.57B
| $20M | 0.01% |
270,811
-6,636
| -2% | -$490K |
|
1136
State Street SPDR S&P Aerospace & Defense ETF
XAR
$6.49B
| $20M | 0.01% |
170,991
+22,672
| +15% | +$2.64M |
|
1137
First Trust Cloud Computing ETF
SKYY
$3.12B
| $20M | 0.01% |
298,285
-24,161
| -7% | -$1.52M |
|
1138
White Mountains Insurance
WTM
$5.32B
| $19.9M | 0.01% |
14,481
-282
| -2% | -$404K |
|
1139
SPS Commerce
SPSC
$2.64B
| $19.9M | 0.01% |
130,934
-2,564
| -2% | -$364K |
|
1140
Goldman Sachs Access Ultra Short Bond ETF
GSST
$1.58B
| $19.9M | 0.01% |
398,803
+51,761
| +15% | +$2.58M |
|
1141
Toyota
TM
$225B
| $19.8M | 0.01% |
140,007
+21,607
| +18% | +$3.04M |
|
1142
iShares US Financial Services ETF
IYG
$2.2B
| $19.8M | 0.01% |
394,047
-4,437
| -1% | -$242K |
|
1143
Carlisle Companies
CSL
$15.4B
| $19.8M | 0.01% |
87,561
+18,790
| +27% | +$4.57M |
|
1144
Hyatt Hotels
H
$16.7B
| $19.7M | 0.01% |
176,330
-102,364
| -37% | -$11.2M |
|
1145
Franklin FTSE United Kingdom ETF
FLGB
$903M
| $19.7M | 0.01% |
814,104
+20,153
| +3% | +$485K |
|
1146
RenaissanceRe
RNR
$13.4B
| $19.6M | 0.01% |
97,699
-770
| -0.8% | -$155K |
|
1147
Franklin US Low Volatility High Dividend Index ETF
LVHD
$624M
| $19.5M | 0.01% |
523,621
-2,717
| -0.5% | -$102K |
|
1148
Haleon
HLN
$44.2B
| $19.5M | 0.01% |
2,395,249
-794,081
| -25% | -$6.33M |
|
1149
CALL
Microsoft
MSFT
$3.71T
| $19.5M | 0.01% |
67,600
+17,500
| +35% | +$4.46M |
|
1150
Invesco BulletShares 2030 Corporate Bond ETF
BSCU
$2.67B
| $19.4M | 0.01% |
1,177,732
-13,347
| -1% | -$218K |
|
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.