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
|
+$506M |
| 2 |
Microsoft
MSFT
|
+$336M |
| 3 |
Amazon
AMZN
|
+$287M |
| 4 |
Apple
AAPL
|
+$269M |
| 5 |
Meta Platforms (Facebook)
META
|
+$233M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Air Products & Chemicals
APD
|
+$425M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$334M |
| 3 |
United Parcel Service
UPS
|
+$148M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$128M |
| 5 |
Vanguard Morningstar Mid-Cap ETF
VO
|
+$124M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.28% |
| 2 | Financials | 7.45% |
| 3 | Healthcare | 7.23% |
| 4 | Industrials | 6.23% |
| 5 | Consumer Discretionary | 5.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1226
Vanguard World Funds Extended Duration ETF
EDV
$3.27B
| $20.3M | ﹤0.01% |
276,680
+58,476
| +27% | +$4.23M |
|
1227
Triumph Financial Inc
TFIN
$1.91B
| $20.3M | ﹤0.01% |
248,296
+172,741
| +229% | +$12.9M |
|
1228
Timken Company
TKR
$9.2B
| $20.3M | ﹤0.01% |
253,022
-11,502
| -4% | -$992K |
|
1229
Goldman Sachs Access Ultra Short Bond ETF
GSST
$1.58B
| $20.2M | ﹤0.01% |
401,900
-44,667
| -10% | -$2.24M |
|
1230
Amdocs
DOX
$6.02B
| $20.2M | ﹤0.01% |
256,295
+55,969
| +28% | +$4.6M |
|
1231
Unifirst Corp
UNF
$5.26B
| $20.1M | ﹤0.01% |
117,319
-1,710
| -1% | -$276K |
|
1232
First Trust Developed Markets ex-US AlphaDEX Fund
FDT
$1.31B
| $20M | ﹤0.01% |
363,959
-16,413
| -4% | -$915K |
|
1233
Marriott Vacations Worldwide
VAC
$3.41B
| $20M | ﹤0.01% |
229,118
-131,733
| -37% | -$12.5M |
|
1234
Wingstop
WING
$3.32B
| $20M | ﹤0.01% |
47,210
+1,616
| +4% | +$621K |
|
1235
Performance Food Group
PFGC
$17.6B
| $19.9M | ﹤0.01% |
301,304
-163
| -0.1% | -$11.4K |
|
1236
Sanmina
SANM
$11.1B
| $19.9M | ﹤0.01% |
300,451
-6,364
| -2% | -$407K |
|
1237
Littelfuse
LFUS
$11.8B
| $19.9M | ﹤0.01% |
77,843
+2,772
| +4% | +$686K |
|
1238
argenx
ARGX
$52.8B
| $19.9M | ﹤0.01% |
46,212
-1,409
| -3% | -$539K |
|
1239
iShares US Consumer Staples ETF
IYK
$1.41B
| $19.8M | ﹤0.01% |
300,906
-435
| -0.1% | -$28.9K |
|
1240
Chord Energy
CHRD
$7.71B
| $19.8M | ﹤0.01% |
117,907
+82,834
| +236% | +$14.7M |
|
|
ARDC
1241
Are Dynamic Credit Allocation Fund
ARDC
$300M
| $19.8M | ﹤0.01% |
1,326,836
+194,349
| +17% | +$2.79M |
|
1242
State Street SPDR S&P Global Natural Resources ETF
GNR
$4.82B
| $19.7M | ﹤0.01% |
353,371
+3,830
| +1% | +$222K |
|
1243
Equity Residential
EQR
$25.4B
| $19.7M | ﹤0.01% |
284,298
+33,080
| +13% | +$2.15M |
|
1244
Solventum
SOLV
$15.3B
| $19.7M | ﹤0.01% |
371,973
+320,473
| +622% | +$19.5M |
|
1245
Cohen & Steers Infrastructure Fund
UTF
$3.08B
| $19.7M | ﹤0.01% |
874,682
+8,788
| +1% | +$202K |
|
1246
CALL
Fulgent Genetics
FLGT
$526M
| $19.6M | ﹤0.01% |
1,000,000
| – | – |
|
1247
Tenet Healthcare
THC
$20.4B
| $19.5M | ﹤0.01% |
146,938
+7,668
| +6% | +$923K |
|
1248
Cincinnati Financial
CINF
$27.5B
| $19.5M | ﹤0.01% |
165,152
-1,630
| -1% | -$191K |
|
1249
SPS Commerce
SPSC
$2.67B
| $19.5M | ﹤0.01% |
103,440
-2,648
| -2% | -$485K |
|
1250
iShares US Basic Materials ETF
IYM
$1.21B
| $19.4M | ﹤0.01% |
138,688
+15,396
| +12% | +$2.21M |
|
Similar funds
Wells Fargo's Q2 2024 Portfolio in Review
As of Q2 2024, Wells Fargo held 7,784 positions worth $412B, down 0.64% from $415B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Wells Fargo's Q2 2024 filing shows 385 new, 3,309 increased, 2,368 reduced and 948 closed positions. Its largest new stake was NextEra Energy 7.299% Corporate Units: 1,487,927 shares worth $73.6M. The largest sale was Air Products & Chemicals, an estimated $425M.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 14% a quarter earlier, followed by Financials and Healthcare.
- Wells Fargo's largest Q2 2024 buy was NextEra Energy 7.299% Corporate Units: 1,487,927 shares worth $73.6M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q2 2024, an estimated $506M increase.
- Wells Fargo's biggest Q2 2024 reduction was Air Products & Chemicals, cutting an estimated $425M.
- Wells Fargo fully exited Pioneer Natural Resource Co. in Q2 2024, selling an estimated $88.9M.
- Wells Fargo's ten largest holdings make up 19% of its $412B portfolio in Q2 2024.
- Wells Fargo opened 385 new positions and closed 948 in Q2 2024.
- Wells Fargo's portfolio value fell 0.64% quarter-over-quarter to $412B.
Based on Wells Fargo's 13F filing for Q2 2024, filed 13 Aug 2024.