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
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Russell 2000 ETF
IWM
|
+$644M |
| 2 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$520M |
| 3 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$464M |
| 4 |
Alibaba
BABA
|
+$352M |
| 5 |
iShares MSCI EAFE ETF
EFA
|
+$351M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 15.23% |
| 2 | Healthcare | 10.01% |
| 3 | Financials | 8.01% |
| 4 | Consumer Discretionary | 7.62% |
| 5 | Industrials | 7.42% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
Waste Management
WM
$90.6B
| $616M | 0.18% |
5,812,124
+304,270
| +6% | +$30.7M |
|
127
VF Corp
VFC
$5.63B
| $602M | 0.18% |
9,873,219
-117,377
| -1% | -$6.84M |
|
128
Factset
FDS
$9.36B
| $599M | 0.17% |
1,823,246
+17,141
| +0.9% | +$4.95M |
|
129
Bank of America
BAC
$435B
| $595M | 0.17% |
25,061,299
+3,640,054
| +17% | +$86M |
|
130
iShares 7-10 Year Treasury Bond ETF
IEF
$47.1B
| $594M | 0.17% |
4,874,776
+378,034
| +8% | +$45.9M |
|
131
Vanguard Information Technology ETF
VGT
$139B
| $582M | 0.17% |
16,691,368
+141,656
| +0.9% | +$4.42M |
|
132
Citigroup
C
$222B
| $580M | 0.17% |
11,341,746
+894,009
| +9% | +$42.4M |
|
133
Eversource Energy
ES
$26.9B
| $578M | 0.17% |
6,947,176
-103,382
| -1% | -$8.56M |
|
134
Novartis
NVS
$297B
| $574M | 0.17% |
6,574,638
-66,643
| -1% | -$5.75M |
|
135
ServiceNow
NOW
$115B
| $574M | 0.17% |
7,086,085
+162,330
| +2% | +$11.5M |
|
136
Aflac
AFL
$64.9B
| $572M | 0.17% |
15,881,463
+414,118
| +3% | +$15M |
|
137
iShares MSCI Emerging Markets ETF
EEM
$28.8B
| $569M | 0.17% |
14,220,518
-3,585,345
| -20% | -$134M |
|
138
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$22.6B
| $564M | 0.16% |
8,827,784
+2,648,318
| +43% | +$156M |
|
139
Boeing
BA
$171B
| $555M | 0.16% |
3,026,681
-109,181
| -3% | -$16.8M |
|
140
iShares 1-3 Year Treasury Bond ETF
SHY
$25.5B
| $552M | 0.16% |
6,378,167
+879,035
| +16% | +$76.1M |
|
141
S&P Global
SPGI
$121B
| $552M | 0.16% |
1,674,939
+85,784
| +5% | +$25.8M |
|
142
Intercontinental Exchange
ICE
$85.6B
| $544M | 0.16% |
5,938,268
-60,629
| -1% | -$5.55M |
|
143
Zoetis
ZTS
$32.4B
| $544M | 0.16% |
3,968,842
-243,130
| -6% | -$31.7M |
|
144
Gilead Sciences
GILD
$162B
| $537M | 0.16% |
6,982,307
-2,419,144
| -26% | -$185M |
|
145
Dominion Energy
D
$60.8B
| $517M | 0.15% |
6,372,396
-178,760
| -3% | -$14.3M |
|
146
Vanguard Morningstar Growth ETF
VUG
$220B
| $507M | 0.15% |
15,054,702
-41,694
| -0.3% | -$1.28M |
|
147
Kimberly-Clark
KMB
$36.3B
| $504M | 0.15% |
3,568,154
-124,266
| -3% | -$17.2M |
|
148
Fidelity National Information Services
FIS
$23.1B
| $501M | 0.15% |
3,736,130
+2,781
| +0.1% | +$365K |
|
|
149
State Street Financial Select Sector SPDR ETF
XLF
$56.7B
| $498M | 0.14% |
21,521,141
-22,892,727
| -52% | -$520M |
|
150
iShares Gold Trust
IAU
$62.9B
| $493M | 0.14% |
14,509,307
+6,135,315
| +73% | +$201M |
|
Similar funds
Wells Fargo's Q2 2020 Portfolio in Review
As of Q2 2020, Wells Fargo held 7,323 positions worth $344B, up 19% from $289B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Wells Fargo's Q2 2020 filing shows 372 new, 3,332 increased, 2,355 reduced and 316 closed positions. Its largest new stake was Otis Worldwide: 1,752,089 shares worth $99.6M. The largest sale was iShares Russell 2000 ETF, an estimated $644M.
By sector, the portfolio is most concentrated in Technology at 15% of assets, up from 14% a quarter earlier, followed by Healthcare and Financials.
- Wells Fargo's largest Q2 2020 buy was Otis Worldwide: 1,752,089 shares worth $99.6M.
- Wells Fargo added most to Vanguard Morningstar Mid-Cap ETF in Q2 2020, an estimated $1.35B increase.
- Wells Fargo's biggest Q2 2020 reduction was iShares Russell 2000 ETF, cutting an estimated $644M.
- Wells Fargo fully exited Allergan plc in Q2 2020, selling an estimated $251M.
- Wells Fargo's ten largest holdings make up 16% of its $344B portfolio in Q2 2020.
- Wells Fargo opened 372 new positions and closed 316 in Q2 2020.
- Wells Fargo's portfolio value rose 19% quarter-over-quarter to $344B.
Based on Wells Fargo's 13F filing for Q2 2020, filed 13 Aug 2020.