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
|
+$713M |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$337M |
| 3 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$336M |
| 4 |
iShares Core Universal USD Bond ETF
IUSB
|
+$246M |
| 5 |
iShares Russell 1000 Value ETF
IWD
|
+$228M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$743M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$686M |
| 3 |
AT&T
T
|
+$615M |
| 4 |
Apple
AAPL
|
+$352M |
| 5 |
State Street Technology Select Sector SPDR ETF
XLK
|
+$339M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 15.42% |
| 2 | Healthcare | 8.91% |
| 3 | Financials | 8.36% |
| 4 | Industrials | 7.84% |
| 5 | Consumer Discretionary | 7.73% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Coca-Cola
KO
$383B
| $975M | 0.21% |
18,062,886
-961,334
| -5% | -$52.3M |
|
102
Honeywell
HON
$76.4B
| $975M | 0.21% |
4,714,374
-354,864
| -7% | -$75M |
|
103
CVS Health
CVS
$135B
| $964M | 0.21% |
11,553,991
-769,889
| -6% | -$63M |
|
104
Bank of America
BAC
$429B
| $963M | 0.21% |
23,349,485
-2,212,854
| -9% | -$90.7M |
|
105
Paychex
PAYX
$43.4B
| $949M | 0.21% |
8,842,141
-378,523
| -4% | -$38.1M |
|
|
106
CALL
Invesco QQQ Trust
QQQ
$436B
| $935M | 0.2% |
2,637,800
-1,255,000
| -32% | -$422M |
|
|
107
iShares Russell 1000 Value ETF
IWD
$81.4B
| $930M | 0.2% |
5,864,429
+1,439,756
| +33% | +$228M |
|
108
Vanguard Morningstar Small-Cap ETF
VB
$78.9B
| $918M | 0.2% |
4,075,649
+210,598
| +5% | +$46.7M |
|
109
Danaher
DHR
$138B
| $902M | 0.2% |
3,793,215
-367,834
| -9% | -$81.6M |
|
110
iShares S&P Mid-Cap 400 Growth ETF
IJK
$10.6B
| $897M | 0.2% |
11,086,361
-439,290
| -4% | -$35.3M |
|
111
IBM
IBM
$213B
| $894M | 0.2% |
6,377,546
-186,566
| -3% | -$25.5M |
|
112
iShares MSCI Emerging Markets ETF
EEM
$27.5B
| $884M | 0.19% |
16,031,869
-342,768
| -2% | -$18.6M |
|
113
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.4B
| $884M | 0.19% |
1,800,593
-107,285
| -6% | -$52.9M |
|
114
ExxonMobil
XOM
$650B
| $872M | 0.19% |
13,840,333
-84,708
| -0.6% | -$5.06M |
|
115
Becton Dickinson
BDX
$46.4B
| $864M | 0.19% |
3,641,786
-141,961
| -4% | -$34M |
|
116
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$771B
| $859M | 0.19% |
2,006,000
-822,500
| -29% | -$343M |
|
117
State Street Communication Services Select Sector SPDR ETF
XLC
$22.5B
| $849M | 0.19% |
10,488,892
-1,700,573
| -14% | -$132M |
|
118
SPDR Gold Trust
GLD
$131B
| $818M | 0.18% |
4,937,681
-304,458
| -6% | -$51.7M |
|
119
Chubb
CB
$140B
| $817M | 0.18% |
5,141,025
-303,881
| -6% | -$50.4M |
|
|
120
AT&T
T
$164B
| $813M | 0.18% |
37,379,900
-27,047,853
| -42% | -$615M |
|
121
Aflac
AFL
$65.5B
| $809M | 0.18% |
15,082,290
-704,616
| -4% | -$38.4M |
|
122
Mondelez International
MDLZ
$82.9B
| $803M | 0.18% |
12,863,825
-1,232,644
| -9% | -$75.9M |
|
123
Citigroup
C
$213B
| $803M | 0.18% |
11,349,093
+392,940
| +4% | +$29.1M |
|
124
Boeing
BA
$169B
| $799M | 0.18% |
3,334,543
+122,449
| +4% | +$29.6M |
|
125
Netflix
NFLX
$307B
| $790M | 0.17% |
14,950,050
-1,353,890
| -8% | -$69.2M |
|
Similar funds
Wells Fargo's Q2 2021 Portfolio in Review
As of Q2 2021, Wells Fargo held 7,974 positions worth $456B, up 2.8% from $444B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Wells Fargo withdrew a net $16.3B in Q2 2021, closing 445 positions and reducing 3,575 holdings. Its most notable exit was Thoma Bravo Advantage, an estimated $55.9M position sold in full.
By sector, the portfolio is most concentrated in Technology at 15% of assets, up from 15% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Wells Fargo opened a new position in Mister Car Wash worth $76.5M.
- Wells Fargo's largest Q2 2021 buy was Mister Car Wash: 3,552,868 shares worth $76.5M.
- Wells Fargo added most to Invesco QQQ Trust in Q2 2021, an estimated $713M increase.
- Wells Fargo's biggest Q2 2021 reduction was Microsoft, cutting an estimated $743M.
- Wells Fargo fully exited Thoma Bravo Advantage in Q2 2021, selling an estimated $55.9M.
- Wells Fargo's ten largest holdings make up 16% of its $456B portfolio in Q2 2021.
- Wells Fargo opened 458 new positions and closed 445 in Q2 2021.
- Wells Fargo's portfolio value rose 2.8% quarter-over-quarter to $456B.
Based on Wells Fargo's 13F filing for Q2 2021, filed 16 Aug 2021.