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
|
+$3.29B |
| 2 |
iShares Core MSCI EAFE ETF
IEFA
|
+$1.37B |
| 3 |
Invesco QQQ Trust
QQQ
|
+$642M |
| 4 |
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
|
+$498M |
| 5 |
Nike
NKE
|
+$221M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Morningstar Mid-Cap ETF
VO
|
+$1.24B |
| 2 |
Clorox
CLX
|
+$326M |
| 3 |
Walmart Inc
WMT
|
+$228M |
| 4 |
iShares Russell Mid-Cap ETF
IWR
|
+$152M |
| 5 |
Microsoft
MSFT
|
+$151M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.61% |
| 2 | Healthcare | 8.1% |
| 3 | Financials | 6.84% |
| 4 | Industrials | 6.48% |
| 5 | Consumer Discretionary | 5.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Verizon
VZ
$197B
| $826M | 0.23% |
22,208,510
-253,761
| -1% | -$9.39M |
|
102
Vanguard Morningstar Small-Cap ETF
VB
$78.9B
| $820M | 0.23% |
4,123,393
-116,922
| -3% | -$22.1M |
|
103
Union Pacific
UNP
$174B
| $804M | 0.22% |
3,928,127
-16,111
| -0.4% | -$3.2M |
|
104
Texas Instruments
TXN
$248B
| $781M | 0.22% |
4,337,080
-101,159
| -2% | -$17.4M |
|
105
Vanguard Long-Term Bond ETF
BLV
$5.74B
| $779M | 0.22% |
10,400,416
+1,945,770
| +23% | +$146M |
|
106
Waste Management
WM
$95B
| $766M | 0.21% |
4,417,150
-71,293
| -2% | -$11.8M |
|
107
iShares Russell 1000 Value ETF
IWD
$81.4B
| $764M | 0.21% |
4,838,887
-289,987
| -6% | -$44.3M |
|
108
Bank of America
BAC
$429B
| $753M | 0.21% |
26,234,344
-191,720
| -0.7% | -$5.47M |
|
109
Mondelez International
MDLZ
$82.9B
| $750M | 0.21% |
10,281,816
-553,274
| -5% | -$40.9M |
|
110
Eaton
ETN
$141B
| $734M | 0.2% |
3,650,865
-148,951
| -4% | -$26.2M |
|
111
iShares National Muni Bond ETF
MUB
$45.2B
| $733M | 0.2% |
6,865,748
-40,958
| -0.6% | -$4.38M |
|
112
Tesla
TSLA
$1.18T
| $730M | 0.2% |
2,788,843
+66,362
| +2% | +$13.3M |
|
113
Salesforce
CRM
$154B
| $725M | 0.2% |
3,432,368
+31,095
| +0.9% | +$6.35M |
|
114
SPDR Gold Trust
GLD
$131B
| $717M | 0.2% |
4,020,685
-62,869
| -2% | -$11.6M |
|
115
Honeywell
HON
$76.4B
| $706M | 0.19% |
3,609,428
-18,104
| -0.5% | -$3.36M |
|
116
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.4B
| $700M | 0.19% |
1,461,349
-72,616
| -5% | -$33.1M |
|
117
Vanguard Real Estate ETF
VNQ
$39.9B
| $685M | 0.19% |
8,199,755
-935,900
| -10% | -$76.7M |
|
118
Coca-Cola
KO
$383B
| $682M | 0.19% |
11,327,403
+167,112
| +1% | +$10.4M |
|
119
WEC Energy
WEC
$36.3B
| $667M | 0.18% |
7,563,554
+14,600
| +0.2% | +$1.35M |
|
120
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$66.2B
| $665M | 0.18% |
8,410,756
+112,592
| +1% | +$8.95M |
|
|
121
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
$16.9B
| $660M | 0.18% |
6,612,553
+5,010,636
| +313% | +$498M |
|
122
Vanguard Information Technology ETF
VGT
$133B
| $640M | 0.18% |
11,571,064
-92,016
| -0.8% | -$4.62M |
|
123
Walt Disney
DIS
$171B
| $636M | 0.18% |
7,126,417
-730,453
| -9% | -$69.2M |
|
124
Stryker
SYK
$135B
| $627M | 0.17% |
2,053,844
+16,299
| +0.8% | +$4.71M |
|
125
IBM
IBM
$213B
| $622M | 0.17% |
4,649,970
-6,165
| -0.1% | -$796K |
|
Similar funds
Wells Fargo's Q2 2023 Portfolio in Review
As of Q2 2023, Wells Fargo held 7,830 positions worth $362B, up 4.4% from $347B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Wells Fargo's Q2 2023 filing shows 390 new, 3,912 increased, 2,324 reduced and 274 closed positions. Its largest new stake was State Street SPDR US Large Cap Low Volatility Index ETF: 257,436 shares worth $36.2M. The largest sale was Vanguard Morningstar Mid-Cap ETF, an estimated $1.24B.
By sector, the portfolio is most concentrated in Technology at 15% of assets, up from 14% a quarter earlier, followed by Healthcare and Financials.
- Wells Fargo's largest Q2 2023 buy was State Street SPDR US Large Cap Low Volatility Index ETF: 257,436 shares worth $36.2M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q2 2023, an estimated $3.29B increase.
- Wells Fargo's biggest Q2 2023 reduction was Vanguard Morningstar Mid-Cap ETF, cutting an estimated $1.24B.
- Wells Fargo fully exited ABB Ltd in Q2 2023, selling an estimated $67.4M.
- Wells Fargo's ten largest holdings make up 18% of its $362B portfolio in Q2 2023.
- Wells Fargo opened 390 new positions and closed 274 in Q2 2023.
- Wells Fargo's portfolio value rose 4.4% quarter-over-quarter to $362B.
Based on Wells Fargo's 13F filing for Q2 2023, filed 15 Aug 2023.