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
|
+$503M |
| 2 |
Chevron
CVX
|
+$472M |
| 3 |
Vanguard Long-Term Bond ETF
BLV
|
+$374M |
| 4 |
EOG Resources
EOG
|
+$354M |
| 5 |
ARK Innovation ETF
ARKK
|
+$253M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$5.2B |
| 2 |
M&T Bank
MTB
|
+$313M |
| 3 |
iShares Core 60/40 Balanced Allocation ETF
AOR
|
+$304M |
| 4 |
Apple
AAPL
|
+$197M |
| 5 |
iShares Core 80/20 Aggressive Allocation ETF
AOA
|
+$194M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.55% |
| 2 | Healthcare | 8.23% |
| 3 | Financials | 6.88% |
| 4 | Industrials | 6.54% |
| 5 | Consumer Discretionary | 5.29% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Vanguard Morningstar Small-Cap ETF
VB
$79.5B
| $804M | 0.23% |
4,240,315
-19,946
| -0.5% | -$3.87M |
|
102
Union Pacific
UNP
$174B
| $794M | 0.23% |
3,944,238
-218,565
| -5% | -$44.3M |
|
103
Walt Disney
DIS
$167B
| $787M | 0.23% |
7,856,870
-169,924
| -2% | -$17.1M |
|
104
iShares Russell 1000 Value ETF
IWD
$82.2B
| $781M | 0.22% |
5,128,874
-523,063
| -9% | -$80.8M |
|
105
Vanguard Morningstar Growth ETF
VUG
$220B
| $770M | 0.22% |
18,524,886
+385,104
| +2% | +$15M |
|
106
Vanguard Real Estate ETF
VNQ
$39.2B
| $759M | 0.22% |
9,135,655
-665,212
| -7% | -$57.2M |
|
107
Bank of America
BAC
$435B
| $756M | 0.22% |
26,426,064
-603,907
| -2% | -$19.9M |
|
108
Mondelez International
MDLZ
$79.5B
| $755M | 0.22% |
10,835,090
+185,652
| +2% | +$12.3M |
|
109
SPDR Gold Trust
GLD
$131B
| $748M | 0.22% |
4,083,554
+122,926
| +3% | +$21.6M |
|
110
iShares National Muni Bond ETF
MUB
$45.1B
| $744M | 0.21% |
6,906,706
+492,807
| +8% | +$52.7M |
|
111
W.W. Grainger
GWW
$65.3B
| $736M | 0.21% |
1,068,311
+8,596
| +0.8% | +$5.48M |
|
112
Waste Management
WM
$90.6B
| $732M | 0.21% |
4,488,443
-147,496
| -3% | -$22.6M |
|
113
WEC Energy
WEC
$35.7B
| $716M | 0.21% |
7,548,954
+191,052
| +3% | +$17.7M |
|
114
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.6B
| $703M | 0.2% |
1,533,965
-73,481
| -5% | -$34.3M |
|
115
Coca-Cola
KO
$377B
| $692M | 0.2% |
11,160,291
-119,080
| -1% | -$7.21M |
|
116
Salesforce
CRM
$151B
| $680M | 0.2% |
3,401,273
+67,165
| +2% | +$11.3M |
|
117
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$66.2B
| $666M | 0.19% |
8,298,164
-63,263
| -0.8% | -$5.01M |
|
118
Honeywell
HON
$77B
| $653M | 0.19% |
3,627,532
+13,023
| +0.4% | +$2.45M |
|
119
Factset
FDS
$9.36B
| $651M | 0.19% |
1,569,420
-19,681
| -1% | -$8.2M |
|
120
Eaton
ETN
$161B
| $651M | 0.19% |
3,799,816
-70,864
| -2% | -$11.8M |
|
|
121
Vanguard Long-Term Bond ETF
BLV
$5.71B
| $648M | 0.19% |
8,454,646
+4,943,325
| +141% | +$374M |
|
122
First Trust Enhanced Short Maturity ETF
FTSM
$6.49B
| $631M | 0.18% |
10,606,704
-203,803
| -2% | -$12.1M |
|
123
Gilead Sciences
GILD
$162B
| $631M | 0.18% |
7,601,514
-590,186
| -7% | -$48.9M |
|
124
iShares Russell Mid-Cap Value ETF
IWS
$15.6B
| $629M | 0.18% |
5,923,111
-182,332
| -3% | -$19.9M |
|
125
iShares Select Dividend ETF
DVY
$23.5B
| $626M | 0.18% |
5,341,518
-240,590
| -4% | -$29.1M |
|
Similar funds
Wells Fargo's Q1 2023 Portfolio in Review
As of Q1 2023, Wells Fargo held 7,943 positions worth $347B, up 4.2% from $333B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Wells Fargo's Q1 2023 filing shows 428 new, 3,867 increased, 2,015 reduced and 474 closed positions. Its largest new stake was GE HealthCare: 686,371 shares worth $56.3M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $5.2B.
By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 12% a quarter earlier, followed by Healthcare and Financials.
- Wells Fargo's largest Q1 2023 buy was GE HealthCare: 686,371 shares worth $56.3M.
- Wells Fargo added most to Invesco QQQ Trust in Q1 2023, an estimated $503M increase.
- Wells Fargo's biggest Q1 2023 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $5.2B.
- Wells Fargo fully exited STORE Capital Corporation in Q1 2023, selling an estimated $25.9M.
- Wells Fargo's ten largest holdings make up 17% of its $347B portfolio in Q1 2023.
- Wells Fargo opened 428 new positions and closed 474 in Q1 2023.
- Wells Fargo's portfolio value rose 4.2% quarter-over-quarter to $347B.
Based on Wells Fargo's 13F filing for Q1 2023, filed 12 May 2023.