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
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1B |
| 2 |
Microsoft
MSFT
|
+$878M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$748M |
| 4 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$647M |
| 5 |
Amazon
AMZN
|
+$436M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.09% |
| 2 | Healthcare | 9.01% |
| 3 | Financials | 7.29% |
| 4 | Industrials | 6.45% |
| 5 | Consumer Discretionary | 5.37% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
3M
MMM
$91.8B
| $754M | 0.23% |
6,970,454
-997,073
| -13% | -$121M |
|
102
Mastercard
MA
$498B
| $744M | 0.23% |
2,358,604
-197,645
| -8% | -$68.1M |
|
103
iShares Russell 1000 Value ETF
IWD
$81.4B
| $741M | 0.23% |
5,109,563
-711,443
| -12% | -$111M |
|
104
iShares Select Dividend ETF
DVY
$23.8B
| $739M | 0.23% |
6,282,152
+484,517
| +8% | +$60.7M |
|
105
Waste Management
WM
$95B
| $739M | 0.23% |
4,827,801
-115,485
| -2% | -$18.1M |
|
106
WEC Energy
WEC
$36.3B
| $733M | 0.23% |
7,279,590
-312,956
| -4% | -$31.7M |
|
|
107
CALL
iShares Russell 2000 ETF
IWM
$79.1B
| $729M | 0.23% |
+4,306,500
| New | +$794M |
|
108
Texas Instruments
TXN
$248B
| $721M | 0.22% |
4,694,003
-399,636
| -8% | -$67.2M |
|
109
IBM
IBM
$213B
| $715M | 0.22% |
5,064,304
-709,066
| -12% | -$95.7M |
|
110
Coca-Cola
KO
$383B
| $703M | 0.22% |
11,168,244
-1,588,130
| -12% | -$101M |
|
111
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$66.2B
| $693M | 0.21% |
8,660,127
-1,150,147
| -12% | -$93.9M |
|
112
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.4B
| $686M | 0.21% |
1,659,239
-55
| -0% | -$24.8K |
|
113
Mondelez International
MDLZ
$82.9B
| $679M | 0.21% |
10,929,653
-591,873
| -5% | -$37.4M |
|
114
Danaher
DHR
$138B
| $678M | 0.21% |
3,017,318
-377,872
| -11% | -$87M |
|
115
Invesco S&P 500 Equal Weight ETF
RSP
$97.3B
| $675M | 0.21% |
5,030,911
-29,307
| -0.6% | -$4.29M |
|
116
Salesforce
CRM
$154B
| $666M | 0.21% |
4,033,862
-585,679
| -13% | -$103M |
|
117
iShares Russell Mid-Cap Growth ETF
IWP
$19.4B
| $665M | 0.21% |
8,391,278
-243,477
| -3% | -$21.2M |
|
118
Vanguard Morningstar Growth ETF
VUG
$212B
| $665M | 0.21% |
17,889,546
+1,237,530
| +7% | +$50.8M |
|
119
State Street Energy Select Sector SPDR ETF
XLE
$39B
| $655M | 0.2% |
18,308,332
+3,771,702
| +26% | +$151M |
|
120
Colgate-Palmolive
CL
$74.8B
| $635M | 0.2% |
7,922,479
-342,159
| -4% | -$26.8M |
|
121
Factset
FDS
$10B
| $631M | 0.2% |
1,641,243
-11,113
| -0.7% | -$4.35M |
|
122
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$771B
| $624M | 0.19% |
1,653,400
-555,100
| -25% | -$227M |
|
123
Vanguard Short-Term Corporate Bond ETF
VCSH
$44.7B
| $622M | 0.19% |
8,154,871
-544,946
| -6% | -$41.9M |
|
124
Eversource Energy
ES
$28.1B
| $621M | 0.19% |
7,356,878
+32,615
| +0.4% | +$2.9M |
|
125
Honeywell
HON
$76.4B
| $617M | 0.19% |
3,766,001
-397,914
| -10% | -$71.5M |
|
Similar funds
Wells Fargo's Q2 2022 Portfolio in Review
As of Q2 2022, Wells Fargo held 8,080 positions worth $323B, down 17% from $390B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Wells Fargo withdrew a net $12.6B in Q2 2022, closing 375 positions and reducing 4,229 holdings. Its most notable exit was People's United Financial Inc, an estimated $250M position sold in full.
By sector, the portfolio is most concentrated in Technology at 13% of assets, down from 15% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Wells Fargo opened a new position in Aspen Technology Inc worth $80.2M.
- Wells Fargo's largest Q2 2022 buy was Aspen Technology Inc: 436,654 shares worth $80.2M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q2 2022, an estimated $2.47B increase.
- Wells Fargo's biggest Q2 2022 reduction was Apple, cutting an estimated $1B.
- Wells Fargo fully exited People's United Financial Inc in Q2 2022, selling an estimated $250M.
- Wells Fargo's ten largest holdings make up 18% of its $323B portfolio in Q2 2022.
- Wells Fargo opened 271 new positions and closed 375 in Q2 2022.
- Wells Fargo's portfolio value fell 17% quarter-over-quarter to $323B.
Based on Wells Fargo's 13F filing for Q2 2022, filed 12 Aug 2022.