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 | |
|---|---|---|---|---|---|---|
1401
Reaves Utility Income Fund
UTG
$3.61B
| $12.8M | ﹤0.01% |
452,661
+9,850
| +2% | +$283K |
|
1402
ATI
ATI
$31B
| $12.8M | ﹤0.01% |
325,412
+240,234
| +282% | +$9.07M |
|
|
PCH
1403
DELISTED
PotlatchDeltic
PCH
| $12.8M | ﹤0.01% |
259,309
+15,709
| +6% | +$737K |
|
|
LSI
1404
DELISTED
Life Storage, Inc.
LSI
| $12.8M | ﹤0.01% |
97,785
-16,175
| -14% | -$1.87M |
|
1405
MP Materials
MP
$9.1B
| $12.8M | ﹤0.01% |
454,687
-7,946
| -2% | -$240K |
|
1406
Portland General Electric
POR
$5.77B
| $12.8M | ﹤0.01% |
261,069
+13,734
| +6% | +$656K |
|
1407
iShares JPMorgan EM Corporate Bond ETF
CEMB
$405M
| $12.7M | ﹤0.01% |
292,400
+14,189
| +5% | +$618K |
|
1408
First Trust Exchange-Traded Fund II First Trust International Equity Opportunities ETF
FPXI
$297M
| $12.7M | ﹤0.01% |
311,992
+7,040
| +2% | +$283K |
|
1409
Dell
DELL
$293B
| $12.7M | ﹤0.01% |
315,383
+29,296
| +10% | +$1.18M |
|
1410
Incyte
INCY
$24.4B
| $12.7M | ﹤0.01% |
175,399
+55,777
| +47% | +$4.36M |
|
1411
United Airlines
UAL
$42.1B
| $12.6M | ﹤0.01% |
285,585
-8,002
| -3% | -$383K |
|
1412
Canadian Natural Resources
CNQ
$93.8B
| $12.6M | ﹤0.01% |
457,202
-5,934
| -1% | -$168K |
|
1413
Invesco S&P 500 Equal Weight Health Care ETF
RSPH
$784M
| $12.6M | ﹤0.01% |
433,050
-36,430
| -8% | -$1.06M |
|
1414
Doximity
DOCS
$4.88B
| $12.6M | ﹤0.01% |
390,045
+112,303
| +40% | +$3.73M |
|
1415
First Trust Multi Cap Value AlphaDEX Fund
FAB
$171M
| $12.6M | ﹤0.01% |
180,838
+16,649
| +10% | +$1.21M |
|
1416
Vontier
VNT
$4.74B
| $12.6M | ﹤0.01% |
460,715
+53,710
| +13% | +$1.3M |
|
1417
Invesco Financial Preferred ETF
PGF
$674M
| $12.6M | ﹤0.01% |
864,695
+193,300
| +29% | +$2.96M |
|
1418
UGI
UGI
$7.33B
| $12.5M | ﹤0.01% |
360,182
+62,576
| +21% | +$2.37M |
|
1419
A10 Networks
ATEN
$1.95B
| $12.5M | ﹤0.01% |
807,927
-31,053
| -4% | -$474K |
|
1420
iShares Latin America 40 ETF
ILF
$3.76B
| $12.5M | ﹤0.01% |
523,790
+191,684
| +58% | +$4.6M |
|
|
GTY
1421
Getty Realty Corp
GTY
$2.07B
| $12.5M | ﹤0.01% |
346,783
+79,499
| +30% | +$2.78M |
|
1422
Sprott Physical Gold and Silver Trust
CEF
$8.06B
| $12.5M | ﹤0.01% |
660,733
+25,427
| +4% | +$456K |
|
1423
iShares iBonds Dec 2027 Term Muni Bond ETF
IBMP
$654M
| $12.5M | ﹤0.01% |
490,670
+55,448
| +13% | +$1.4M |
|
1424
Kinsale Capital Group
KNSL
$8.51B
| $12.5M | ﹤0.01% |
41,511
+1,342
| +3% | +$393K |
|
1425
OGE Energy
OGE
$9.71B
| $12.5M | ﹤0.01% |
330,718
-41,879
| -11% | -$1.58M |
|
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.