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 |
iShares Core MSCI EAFE ETF
IEFA
|
+$731M |
| 2 |
Amazon
AMZN
|
+$442M |
| 3 |
S&P Global
SPGI
|
+$385M |
| 4 |
ARK Innovation ETF
ARKK
|
+$253M |
| 5 |
UnitedHealth
UNH
|
+$245M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.71B |
| 2 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$1.05B |
| 3 |
Apple
AAPL
|
+$629M |
| 4 |
US Bancorp
USB
|
+$575M |
| 5 |
Microsoft
MSFT
|
+$443M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.15% |
| 2 | Healthcare | 8.09% |
| 3 | Financials | 7.18% |
| 4 | Industrials | 6.24% |
| 5 | Consumer Discretionary | 5.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
iShares National Muni Bond ETF
MUB
$45.1B
| $765M | 0.22% |
7,460,859
+595,111
| +9% | +$62.8M |
|
102
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
$16.9B
| $757M | 0.22% |
7,560,995
+948,442
| +14% | +$94.6M |
|
103
W.W. Grainger
GWW
$65.3B
| $746M | 0.22% |
1,078,377
+4,322
| +0.4% | +$3.13M |
|
104
American Tower
AMT
$80.8B
| $742M | 0.22% |
4,509,352
-54,516
| -1% | -$9.96M |
|
105
Pfizer
PFE
$143B
| $718M | 0.21% |
21,639,794
-1,191,054
| -5% | -$42.1M |
|
106
Bank of America
BAC
$435B
| $717M | 0.21% |
26,176,034
-58,310
| -0.2% | -$1.73M |
|
107
Mondelez International
MDLZ
$79.5B
| $702M | 0.21% |
10,112,285
-169,531
| -2% | -$12.2M |
|
108
Salesforce
CRM
$151B
| $679M | 0.2% |
3,347,186
-85,182
| -2% | -$18.4M |
|
109
SPDR Gold Trust
GLD
$131B
| $670M | 0.2% |
3,907,162
-113,523
| -3% | -$20.3M |
|
|
110
PUT
Amazon
AMZN
$2.92T
| $669M | 0.2% |
5,260,500
+5,016,600
| +2,057% | +$672M |
|
111
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.6B
| $664M | 0.19% |
1,454,732
-6,617
| -0.5% | -$3.17M |
|
112
Factset
FDS
$9.36B
| $663M | 0.19% |
1,517,318
-13,696
| -0.9% | -$5.83M |
|
113
Texas Instruments
TXN
$252B
| $660M | 0.19% |
4,152,183
-184,897
| -4% | -$31.5M |
|
114
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$15.9B
| $656M | 0.19% |
8,900,000
+5,535,000
| +164% | +$413M |
|
115
iShares Russell 1000 Value ETF
IWD
$82.2B
| $653M | 0.19% |
4,301,456
-537,431
| -11% | -$85.2M |
|
116
Waste Management
WM
$90.6B
| $645M | 0.19% |
4,230,264
-186,886
| -4% | -$30.2M |
|
|
MRSH
117
Marsh
MRSH
$90.5B
| $642M | 0.19% |
3,373,972
+303,429
| +10% | +$58.2M |
|
118
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$66.2B
| $634M | 0.19% |
8,345,408
-65,348
| -0.8% | -$5.08M |
|
119
Adobe
ADBE
$99.5B
| $632M | 0.19% |
1,238,819
-2,935
| -0.2% | -$1.54M |
|
120
Tesla
TSLA
$1.23T
| $626M | 0.18% |
2,501,227
-287,616
| -10% | -$73.9M |
|
121
Honeywell
HON
$77B
| $622M | 0.18% |
3,574,875
-34,553
| -1% | -$6.32M |
|
122
WEC Energy
WEC
$35.7B
| $618M | 0.18% |
7,677,439
+113,885
| +2% | +$9.9M |
|
123
EOG Resources
EOG
$79.2B
| $606M | 0.18% |
4,781,629
-89,632
| -2% | -$11.4M |
|
124
IBM
IBM
$211B
| $605M | 0.18% |
4,314,764
-335,206
| -7% | -$47.7M |
|
125
JPMorgan Equity Premium Income ETF
JEPI
$45.9B
| $601M | 0.18% |
11,212,186
+115,719
| +1% | +$6.38M |
|
Similar funds
Wells Fargo's Q3 2023 Portfolio in Review
As of Q3 2023, Wells Fargo held 7,828 positions worth $341B, down 5.8% from $362B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Wells Fargo's Q3 2023 filing shows 318 new, 2,127 increased, 4,030 reduced and 353 closed positions. Its largest new stake was TKO Group: 129,045 shares worth $10.8M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $3.71B.
By sector, the portfolio is most concentrated in Technology at 14% of assets, down from 15% a quarter earlier, followed by Healthcare and Financials.
- Wells Fargo's largest Q3 2023 buy was TKO Group: 129,045 shares worth $10.8M.
- Wells Fargo added most to iShares Core MSCI EAFE ETF in Q3 2023, an estimated $731M increase.
- Wells Fargo's biggest Q3 2023 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $3.71B.
- Wells Fargo fully exited PG&E Corporation in Q3 2023, selling an estimated $86.2M.
- Wells Fargo's ten largest holdings make up 18% of its $341B portfolio in Q3 2023.
- Wells Fargo opened 318 new positions and closed 353 in Q3 2023.
- Wells Fargo's portfolio value fell 5.8% quarter-over-quarter to $341B.
Based on Wells Fargo's 13F filing for Q3 2023, filed 13 Nov 2023.