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 | |
|---|---|---|---|---|---|---|
1176
SoFi Technologies
SOFI
$23.3B
| $22.2M | 0.01% |
3,365,660
+174,663
| +5% | +$1.23M |
|
1177
W.P. Carey
WPC
$16.6B
| $22.2M | 0.01% |
403,880
-47,146
| -10% | -$2.66M |
|
1178
CALL
VanEck Gold Miners ETF
GDX
$23.2B
| $22.2M | 0.01% |
654,600
+294,600
| +82% | +$10.1M |
|
|
AXON
1179
Axon Enterprise
AXON
$46.4B
| $22.1M | 0.01% |
75,214
+26,238
| +54% | +$7.83M |
|
1180
Bunge Global
BG
$20.2B
| $22.1M | 0.01% |
207,266
+61,013
| +42% | +$6.4M |
|
1181
Chewy
CHWY
$9.4B
| $22M | 0.01% |
809,462
-26,103
| -3% | -$497K |
|
1182
Nuveen Quality Municipal Income Fund
NAD
$2.73B
| $22M | 0.01% |
1,877,969
-160,871
| -8% | -$1.81M |
|
1183
Globus Medical
GMED
$11.1B
| $22M | 0.01% |
320,805
+16,111
| +5% | +$963K |
|
1184
Texas Roadhouse
TXRH
$13.8B
| $21.8M | 0.01% |
127,059
+60,431
| +91% | +$9.85M |
|
1185
Dycom Industries
DY
$12.5B
| $21.8M | 0.01% |
129,203
-7,205
| -5% | -$1.12M |
|
1186
NOV
NOV
$6.94B
| $21.8M | 0.01% |
1,146,346
+266,752
| +30% | +$5M |
|
1187
Jazz Pharmaceuticals
JAZZ
$15.8B
| $21.8M | 0.01% |
204,126
-18,232
| -8% | -$2M |
|
1188
CALL
Freeport-McMoran
FCX
$91.5B
| $21.7M | 0.01% |
446,900
-175,600
| -28% | -$8.85M |
|
1189
Ingersoll Rand
IR
$34.1B
| $21.7M | 0.01% |
238,933
+42,298
| +22% | +$3.89M |
|
1190
PUT
Floor & Decor
FND
$6.08B
| $21.7M | 0.01% |
+218,300
| New | +$25.1M |
|
|
DOCU
1191
DocuSign
DOCU
$10.5B
| $21.7M | 0.01% |
405,152
-22,212
| -5% | -$1.25M |
|
1192
iShares Global 100 ETF
IOO
$9.05B
| $21.7M | 0.01% |
224,308
+13,388
| +6% | +$1.23M |
|
1193
abrdn Physical Precious Metals Basket Shares ETF
GLTR
$2.47B
| $21.6M | 0.01% |
209,396
+19,480
| +10% | +$2M |
|
1194
State Street SPDR S&P Aerospace & Defense ETF
XAR
$6.19B
| $21.5M | 0.01% |
153,911
+7,149
| +5% | +$997K |
|
1195
Avantis US Large Cap Value ETF
AVLV
$18B
| $21.5M | 0.01% |
342,344
+138,200
| +68% | +$8.66M |
|
|
CCD
1196
Calamos Dynamic Convertible & Income Fund
CCD
$726M
| $21.4M | 0.01% |
955,681
+6,569
| +0.7% | +$146K |
|
1197
First Trust Exchange-Traded Fund VI First Trust BuyWrite Income ETF
FTHI
$2.42B
| $21.4M | 0.01% |
952,582
+952,378
| +466,852% | +$21.3M |
|
1198
Nuveen Municipal Credit Income Fund
NZF
$2.39B
| $21.4M | 0.01% |
1,729,345
+42,447
| +3% | +$510K |
|
1199
CALL
Pinduoduo
PDD
$128B
| $21.3M | 0.01% |
160,000
+30,000
| +23% | +$4.06M |
|
1200
Mitsubishi UFJ Financial
MUFG
$254B
| $21.2M | 0.01% |
1,962,717
+82,798
| +4% | +$840K |
|
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.