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
|
+$790M |
| 2 |
Invesco Actively Managed Exch-Traded Commodity Fd Tr Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
PDBC
|
+$525M |
| 3 |
iShares Broad USD High Yield Corporate Bond ETF
USHY
|
+$479M |
| 4 |
W.W. Grainger
GWW
|
+$286M |
| 5 |
ARK Innovation ETF
ARKK
|
+$244M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$493M |
| 2 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$335M |
| 3 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$314M |
| 4 |
Xtrackers USD High Yield Corporate Bond ETF
HYLB
|
+$275M |
| 5 |
Apple
AAPL
|
+$249M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 12.74% |
| 2 | Healthcare | 8.69% |
| 3 | Financials | 7.28% |
| 4 | Industrials | 6.31% |
| 5 | Consumer Discretionary | 5.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
iShares MSCI EAFE ETF
EFA
$78B
| $776M | 0.25% |
13,862,282
-480,537
| -3% | -$29.9M |
|
102
State Street Energy Select Sector SPDR ETF
XLE
$39.6B
| $775M | 0.25% |
21,533,762
+3,225,430
| +18% | +$122M |
|
103
Waste Management
WM
$90.6B
| $763M | 0.25% |
4,760,598
-67,203
| -1% | -$11.1M |
|
104
Vanguard Morningstar Small-Cap ETF
VB
$79.5B
| $710M | 0.23% |
4,152,424
-280,789
| -6% | -$53M |
|
105
Texas Instruments
TXN
$252B
| $699M | 0.23% |
4,515,014
-178,989
| -4% | -$30M |
|
106
Tesla
TSLA
$1.23T
| $698M | 0.23% |
2,633,139
-98,592
| -4% | -$27.5M |
|
107
iShares Russell 1000 Value ETF
IWD
$82.2B
| $697M | 0.23% |
5,128,802
+19,239
| +0.4% | +$2.89M |
|
108
Danaher
DHR
$137B
| $665M | 0.22% |
2,905,965
-111,353
| -4% | -$27.3M |
|
109
WEC Energy
WEC
$35.7B
| $658M | 0.21% |
7,359,191
+79,601
| +1% | +$8.13M |
|
110
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$66.2B
| $657M | 0.21% |
8,682,188
+22,061
| +0.3% | +$1.77M |
|
111
Mastercard
MA
$502B
| $656M | 0.21% |
2,308,119
-50,485
| -2% | -$16.7M |
|
112
Vanguard Morningstar Growth ETF
VUG
$220B
| $651M | 0.21% |
18,266,820
+377,274
| +2% | +$15.2M |
|
113
iShares Russell Mid-Cap Growth ETF
IWP
$19.8B
| $646M | 0.21% |
8,241,849
-149,429
| -2% | -$12.9M |
|
114
Factset
FDS
$9.36B
| $640M | 0.21% |
1,599,287
-41,956
| -3% | -$17.8M |
|
115
Invesco S&P 500 Equal Weight ETF
RSP
$97B
| $639M | 0.21% |
5,017,954
-12,957
| -0.3% | -$1.83M |
|
116
First Trust Global Tactical Commodity Strategy Fund
FTGC
$2.97B
| $633M | 0.21% |
24,970,505
+8,462,674
| +51% | +$224M |
|
117
Vanguard Short-Term Corporate Bond ETF
VCSH
$44.7B
| $629M | 0.2% |
8,466,553
+311,682
| +4% | +$23.7M |
|
118
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.6B
| $629M | 0.2% |
1,565,526
-93,713
| -6% | -$41.4M |
|
119
SPDR Gold Trust
GLD
$131B
| $622M | 0.2% |
4,024,058
-667,811
| -14% | -$107M |
|
120
iShares National Muni Bond ETF
MUB
$45.1B
| $594M | 0.19% |
5,790,630
+547,194
| +10% | +$58.2M |
|
121
Coca-Cola
KO
$377B
| $592M | 0.19% |
10,564,075
-604,169
| -5% | -$37.5M |
|
122
Mondelez International
MDLZ
$79.5B
| $588M | 0.19% |
10,722,493
-207,160
| -2% | -$12.9M |
|
123
Eversource Energy
ES
$26.9B
| $586M | 0.19% |
7,517,756
+160,878
| +2% | +$14.2M |
|
124
IBM
IBM
$211B
| $580M | 0.19% |
4,878,318
-185,986
| -4% | -$24.4M |
|
125
iShares S&P Mid-Cap 400 Growth ETF
IJK
$10.7B
| $579M | 0.19% |
9,192,220
-254,149
| -3% | -$17.5M |
|
Similar funds
Wells Fargo's Q3 2022 Portfolio in Review
As of Q3 2022, Wells Fargo held 7,985 positions worth $307B, down 5.1% from $323B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Wells Fargo's Q3 2022 filing shows 269 new, 2,582 increased, 3,682 reduced and 345 closed positions. Its largest new stake was Haleon: 3,382,497 shares worth $20.6M. The largest sale was iShares Core MSCI Emerging Markets ETF, an estimated $493M.
By sector, the portfolio is most concentrated in Technology at 13% of assets, down from 13% a quarter earlier, followed by Healthcare and Financials.
- Wells Fargo's largest Q3 2022 buy was Haleon: 3,382,497 shares worth $20.6M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q3 2022, an estimated $790M increase.
- Wells Fargo's biggest Q3 2022 reduction was iShares Core MSCI Emerging Markets ETF, cutting an estimated $493M.
- Wells Fargo fully exited NextEra Energy, Inc. 4.872% Corporate Units in Q3 2022, selling an estimated $19.1M.
- Wells Fargo's ten largest holdings make up 18% of its $307B portfolio in Q3 2022.
- Wells Fargo opened 269 new positions and closed 345 in Q3 2022.
- Wells Fargo's portfolio value fell 5.1% quarter-over-quarter to $307B.
Based on Wells Fargo's 13F filing for Q3 2022, filed 14 Nov 2022.