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 | |
|---|---|---|---|---|---|---|
1251
ProShares Large Cap Core Plus
CSM
$534M
| $16.1M | ﹤0.01% |
338,474
+116,927
| +53% | +$5.52M |
|
1252
Axalta
AXTA
$8.17B
| $16.1M | ﹤0.01% |
531,010
-29,591
| -5% | -$850K |
|
1253
Ingredion
INGR
$6.58B
| $16.1M | ﹤0.01% |
158,016
+5,082
| +3% | +$507K |
|
1254
Evercore
EVR
$11.8B
| $16M | ﹤0.01% |
138,987
-10,655
| -7% | -$1.32M |
|
1255
First Solar
FSLR
$26.9B
| $16M | ﹤0.01% |
73,558
+15,244
| +26% | +$2.78M |
|
1256
PTC
PTC
$16B
| $16M | ﹤0.01% |
124,471
-28,866
| -19% | -$3.67M |
|
1257
MKS Inc
MKSI
$20.6B
| $16M | ﹤0.01% |
179,988
+14,289
| +9% | +$1.36M |
|
1258
Canadian National Railway
CNI
$76.6B
| $15.9M | ﹤0.01% |
135,044
-5,967
| -4% | -$705K |
|
1259
Xtrackers Russell US Multifactor ETF
DEUS
$305M
| $15.9M | ﹤0.01% |
368,846
-158,824
| -30% | -$6.88M |
|
1260
Lincoln Electric
LECO
$15.4B
| $15.9M | ﹤0.01% |
94,157
+2,170
| +2% | +$358K |
|
1261
PENN Entertainment
PENN
$2.71B
| $15.9M | ﹤0.01% |
536,174
+13,381
| +3% | +$415K |
|
1262
iShares Expanded Tech Sector ETF
IGM
$10.7B
| $15.9M | ﹤0.01% |
281,190
-28,272
| -9% | -$1.47M |
|
1263
Schwab US Mid-Cap ETF
SCHM
$15.1B
| $15.9M | ﹤0.01% |
701,931
-18,669
| -3% | -$430K |
|
1264
Plug Power
PLUG
$3.04B
| $15.9M | ﹤0.01% |
1,352,479
+460,032
| +52% | +$6.58M |
|
1265
Fabrinet
FN
$20.1B
| $15.8M | ﹤0.01% |
133,163
+7,064
| +6% | +$878K |
|
1266
Addus HomeCare
ADUS
$2.23B
| $15.8M | ﹤0.01% |
147,929
+5,875
| +4% | +$613K |
|
1267
Colliers International
CIGI
$5.19B
| $15.7M | ﹤0.01% |
148,882
-11,469
| -7% | -$1.23M |
|
1268
Equitable Holdings
EQH
$14.1B
| $15.6M | ﹤0.01% |
615,101
-176,705
| -22% | -$5.21M |
|
1269
Invesco FTSE RAFI Developed Markets ex-US ETF
PXF
$2.96B
| $15.6M | ﹤0.01% |
353,861
+35,470
| +11% | +$1.56M |
|
1270
John Hancock Multifactor Small Cap ETF
JHSC
$744M
| $15.5M | ﹤0.01% |
486,254
+20,126
| +4% | +$652K |
|
1271
Essential Utilities
WTRG
$11.4B
| $15.5M | ﹤0.01% |
355,098
-8,788
| -2% | -$396K |
|
1272
Capital Group Growth ETF
CGGR
$25.3B
| $15.5M | ﹤0.01% |
689,643
+358,472
| +108% | +$7.78M |
|
1273
State Street SPDR S&P International Small Cap ETF
GWX
$913M
| $15.5M | ﹤0.01% |
499,985
+215,480
| +76% | +$6.65M |
|
1274
iShares Intermediate Government/Credit Bond ETF
GVI
$3.78B
| $15.5M | ﹤0.01% |
148,182
-219,499
| -60% | -$22.7M |
|
1275
National Fuel Gas
NFG
$7.65B
| $15.4M | ﹤0.01% |
267,106
-32,264
| -11% | -$1.87M |
|
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 427 new, 3,865 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 427 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.