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
|
+$723M |
| 2 |
iShares Core S&P Total US Stock Market ETF
ITOT
|
+$697M |
| 3 |
iShares 0-1 Year Treasury Bond ETF
SHV
|
+$569M |
| 4 |
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
|
+$271M |
| 5 |
Amgen
AMGN
|
+$268M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Russell 2000 ETF
IWM
|
+$623M |
| 2 |
Vanguard Real Estate ETF
VNQ
|
+$274M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$272M |
| 4 |
ULTI
Ultimate Software Group Inc
ULTI
|
+$215M |
| 5 |
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
|
+$208M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 12.16% |
| 2 | Healthcare | 9.19% |
| 3 | Financials | 8.72% |
| 4 | Industrials | 8.54% |
| 5 | Consumer Discretionary | 7.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
American Tower
AMT
$83.5B
| $750M | 0.22% |
3,808,008
-171,619
| -4% | -$30.1M |
|
102
Bank of America
BAC
$429B
| $745M | 0.22% |
27,006,573
-4,468,193
| -14% | -$126M |
|
103
L3Harris
LHX
$55.4B
| $738M | 0.22% |
4,620,651
-41,699
| -0.9% | -$6.42M |
|
104
VF Corp
VFC
$5.92B
| $725M | 0.22% |
8,862,975
+33,422
| +0.4% | +$2.61M |
|
105
DuPont de Nemours
DD
$18.6B
| $723M | 0.22% |
5,357,951
-263,965
| -5% | -$36.6M |
|
106
Mondelez International
MDLZ
$82.9B
| $715M | 0.21% |
14,313,423
+263,281
| +2% | +$12.1M |
|
107
Linde
LIN
$236B
| $700M | 0.21% |
3,977,168
+158
| +0% | +$26.2K |
|
108
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$15.9B
| $699M | 0.21% |
8,078,792
+55,104
| +0.7% | +$4.68M |
|
109
Chubb
CB
$140B
| $682M | 0.2% |
4,869,914
-121,265
| -2% | -$16.1M |
|
110
Invesco Actively Managed Exch-Traded Commodity Fd Tr Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
PDBC
$6.38B
| $680M | 0.2% |
40,950,851
+5,037,182
| +14% | +$82.1M |
|
111
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$21.7B
| $676M | 0.2% |
11,882,560
-263,834
| -2% | -$14.3M |
|
112
Stanley Black & Decker
SWK
$14.5B
| $676M | 0.2% |
4,962,537
+50,353
| +1% | +$6.57M |
|
113
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$66.2B
| $675M | 0.2% |
7,771,304
-644,082
| -8% | -$54.6M |
|
114
Paychex
PAYX
$43.4B
| $673M | 0.2% |
8,385,788
-29,514
| -0.4% | -$2.18M |
|
115
Sysco
SYY
$40.8B
| $672M | 0.2% |
10,066,903
-1,403,979
| -12% | -$91.3M |
|
116
Invesco Emerging Markets Sovereign Debt ETF
PCY
$1.38B
| $660M | 0.2% |
23,580,408
+915,315
| +4% | +$25.1M |
|
117
Philip Morris
PM
$309B
| $659M | 0.2% |
7,458,596
-111,607
| -1% | -$8.99M |
|
118
Emerson Electric
EMR
$81.6B
| $652M | 0.19% |
9,525,892
-947,408
| -9% | -$62.3M |
|
119
Diageo
DEO
$49.6B
| $645M | 0.19% |
3,939,439
+30,734
| +0.8% | +$4.69M |
|
120
Citigroup
C
$213B
| $639M | 0.19% |
10,277,864
-2,300,329
| -18% | -$143M |
|
121
CVS Health
CVS
$135B
| $633M | 0.19% |
11,742,650
+1,281,644
| +12% | +$79.1M |
|
122
iShares MSCI USA Min Vol Factor ETF
USMV
$23.6B
| $633M | 0.19% |
10,762,476
+1,006,010
| +10% | +$56.4M |
|
123
State Street Industrial Select Sector SPDR ETF
XLI
$32.2B
| $629M | 0.19% |
8,388,210
-938,013
| -10% | -$67.9M |
|
124
Eli Lilly
LLY
$1.08T
| $627M | 0.19% |
4,828,431
-586,027
| -11% | -$71.3M |
|
125
Alibaba
BABA
$276B
| $613M | 0.18% |
3,359,529
-104,729
| -3% | -$17.6M |
|
Similar funds
Wells Fargo's Q1 2019 Portfolio in Review
As of Q1 2019, Wells Fargo held 6,865 positions worth $336B, up 12% from $301B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Wells Fargo withdrew a net $11B in Q1 2019, closing 567 positions and reducing 2,478 holdings. Its most notable exit was Twenty-First Century Fox, Inc. Class A, an estimated $110M position sold in full.
By sector, the portfolio is most concentrated in Technology at 12% of assets, up from 12% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Wells Fargo opened a new position in Fox Class A worth $28.8M.
- Wells Fargo's largest Q1 2019 buy was Fox Class A: 783,516 shares worth $28.8M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q1 2019, an estimated $723M increase.
- Wells Fargo's biggest Q1 2019 reduction was iShares Russell 2000 ETF, cutting an estimated $623M.
- Wells Fargo fully exited Twenty-First Century Fox, Inc. Class A in Q1 2019, selling an estimated $110M.
- Wells Fargo's ten largest holdings make up 14% of its $336B portfolio in Q1 2019.
- Wells Fargo opened 282 new positions and closed 567 in Q1 2019.
- Wells Fargo's portfolio value rose 12% quarter-over-quarter to $336B.
Based on Wells Fargo's 13F filing for Q1 2019, filed 10 May 2019.