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 |
Starbucks
SBUX
|
+$853M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$805M |
| 3 |
Zoetis
ZTS
|
+$650M |
| 4 |
iShares Core US Aggregate Bond ETF
AGG
|
+$391M |
| 5 |
iShares Core Universal USD Bond ETF
IUSB
|
+$177M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.03B |
| 2 |
Amazon
AMZN
|
+$772M |
| 3 |
Becton Dickinson
BDX
|
+$486M |
| 4 |
Medtronic
MDT
|
+$440M |
| 5 |
Vanguard Long-Term Bond ETF
BLV
|
+$373M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.37% |
| 2 | Financials | 7.47% |
| 3 | Healthcare | 7.23% |
| 4 | Industrials | 6.4% |
| 5 | Consumer Discretionary | 5.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
Thermo Fisher Scientific
TMO
$213B
| $882M | 0.21% |
1,517,285
+3,321
| +0.2% | +$1.86M |
|
102
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
$16.9B
| $881M | 0.21% |
8,759,712
+510,084
| +6% | +$51.1M |
|
103
IBM
IBM
$211B
| $840M | 0.2% |
4,397,166
+92,773
| +2% | +$16.9M |
|
104
First Trust Global Tactical Commodity Strategy Fund
FTGC
$2.97B
| $816M | 0.2% |
34,415,580
+2,387,466
| +7% | +$55M |
|
105
iShares Russell 1000 Value ETF
IWD
$82.2B
| $814M | 0.2% |
4,544,968
-364,550
| -7% | -$61.7M |
|
106
iShares MSCI USA Quality Factor ETF
QUAL
$46.4B
| $791M | 0.19% |
4,810,297
+923,312
| +24% | +$144M |
|
107
American Tower
AMT
$80.8B
| $781M | 0.19% |
3,954,560
-336,406
| -8% | -$67M |
|
108
Stryker
SYK
$125B
| $768M | 0.18% |
2,144,775
+75,260
| +4% | +$25.3M |
|
109
Advanced Micro Devices
AMD
$776B
| $759M | 0.18% |
4,202,820
+242,442
| +6% | +$42.4M |
|
110
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$26.6B
| $758M | 0.18% |
1,362,552
-113,997
| -8% | -$59.1M |
|
111
SPDR Gold Trust
GLD
$131B
| $751M | 0.18% |
3,652,473
-302,089
| -8% | -$58M |
|
112
Intuit
INTU
$86.5B
| $734M | 0.18% |
1,128,813
+15,047
| +1% | +$9.6M |
|
113
Vanguard Information Technology ETF
VGT
$139B
| $723M | 0.17% |
11,037,200
+254,984
| +2% | +$16.2M |
|
114
Netflix
NFLX
$299B
| $723M | 0.17% |
11,896,480
+491,280
| +4% | +$27.7M |
|
115
Mondelez International
MDLZ
$79.5B
| $717M | 0.17% |
10,240,417
+227,122
| +2% | +$16.6M |
|
|
116
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$790B
| $712M | 0.17% |
1,361,500
-384,200
| -22% | -$191M |
|
117
JPMorgan Equity Premium Income ETF
JEPI
$45.9B
| $709M | 0.17% |
12,250,903
+1,085,099
| +10% | +$61.1M |
|
118
Colgate-Palmolive
CL
$73.1B
| $704M | 0.17% |
7,817,879
+199,547
| +3% | +$16.9M |
|
119
Walt Disney
DIS
$167B
| $696M | 0.17% |
5,686,955
+132,043
| +2% | +$13.8M |
|
120
State Street Industrial Select Sector SPDR ETF
XLI
$32.8B
| $688M | 0.17% |
5,464,253
+278,632
| +5% | +$32.8M |
|
|
121
Medtronic
MDT
$109B
| $688M | 0.17% |
7,896,452
-5,155,494
| -39% | -$440M |
|
122
Texas Instruments
TXN
$252B
| $683M | 0.16% |
3,919,865
-24,039
| -0.6% | -$4.01M |
|
123
Goldman Sachs ActiveBeta International Equity ETF
GSIE
$6B
| $681M | 0.16% |
19,871,265
+488,043
| +3% | +$16.2M |
|
|
MRSH
124
Marsh
MRSH
$90.5B
| $681M | 0.16% |
3,305,056
+27,024
| +0.8% | +$5.39M |
|
125
Factset
FDS
$9.36B
| $674M | 0.16% |
1,484,110
-20,740
| -1% | -$9.67M |
|
Similar funds
Wells Fargo's Q1 2024 Portfolio in Review
As of Q1 2024, Wells Fargo held 7,849 positions worth $415B, up 8.3% from $383B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Wells Fargo's Q1 2024 filing shows 357 new, 3,869 increased, 2,176 reduced and 456 closed positions. Its largest new stake was FT Vest US Equity Buffer ETF July: 970,130 shares worth $43.1M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $1.03B.
By sector, the portfolio is most concentrated in Technology at 14% of assets, down from 14% a quarter earlier, followed by Financials and Healthcare.
- Wells Fargo's largest Q1 2024 buy was FT Vest US Equity Buffer ETF July: 970,130 shares worth $43.1M.
- Wells Fargo added most to Starbucks in Q1 2024, an estimated $853M increase.
- Wells Fargo's biggest Q1 2024 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.03B.
- Wells Fargo fully exited Splunk Inc in Q1 2024, selling an estimated $43.1M.
- Wells Fargo's ten largest holdings make up 19% of its $415B portfolio in Q1 2024.
- Wells Fargo opened 357 new positions and closed 456 in Q1 2024.
- Wells Fargo's portfolio value rose 8.3% quarter-over-quarter to $415B.
Based on Wells Fargo's 13F filing for Q1 2024, filed 10 May 2024.