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 | |
|---|---|---|---|---|---|---|
|
MRSH
126
Marsh
MRSH
$91.4B
| $697M | 0.17% |
3,307,049
+1,993
| +0.1% | +$409K |
|
127
Coca-Cola
KO
$381B
| $674M | 0.16% |
10,596,694
+61,411
| +0.6% | +$3.8M |
|
128
Mondelez International
MDLZ
$80.5B
| $672M | 0.16% |
10,261,415
+20,998
| +0.2% | +$1.44M |
|
129
Goldman Sachs ActiveBeta International Equity ETF
GSIE
$6.04B
| $665M | 0.16% |
19,768,533
-102,732
| -0.5% | -$3.5M |
|
130
Blackstone
BX
$102B
| $645M | 0.16% |
5,207,647
+110,456
| +2% | +$13.6M |
|
|
131
Air Products & Chemicals
APD
$66.8B
| $640M | 0.16% |
2,479,974
-1,676,687
| -40% | -$425M |
|
132
Caterpillar
CAT
$373B
| $636M | 0.15% |
1,910,805
+83,275
| +5% | +$28.9M |
|
133
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$66.3B
| $634M | 0.15% |
7,931,198
-61,602
| -0.8% | -$4.89M |
|
134
ASML
ASML
$634B
| $632M | 0.15% |
617,859
+24,081
| +4% | +$23.2M |
|
135
ServiceNow
NOW
$114B
| $629M | 0.15% |
3,997,600
+11,835
| +0.3% | +$1.74M |
|
136
iShares S&P Mid-Cap 400 Growth ETF
IJK
$10.7B
| $623M | 0.15% |
7,069,208
-186,222
| -3% | -$16.5M |
|
137
Pacer US Cash Cows 100 ETF
COWZ
$18.7B
| $616M | 0.15% |
11,308,999
+1,019,729
| +10% | +$56.6M |
|
138
WEC Energy
WEC
$35.8B
| $612M | 0.15% |
7,804,098
-262,287
| -3% | -$21.3M |
|
139
Verizon
VZ
$193B
| $605M | 0.15% |
14,678,593
-322,139
| -2% | -$13M |
|
140
Factset
FDS
$9.35B
| $597M | 0.14% |
1,462,744
-21,366
| -1% | -$9.08M |
|
141
Boeing
BA
$175B
| $597M | 0.14% |
3,279,095
+760,304
| +30% | +$136M |
|
142
Goldman Sachs
GS
$302B
| $596M | 0.14% |
1,318,047
+65,126
| +5% | +$28.6M |
|
143
State Street Communication Services Select Sector SPDR ETF
XLC
$21.9B
| $596M | 0.14% |
6,952,367
+156,137
| +2% | +$12.9M |
|
144
Pfizer
PFE
$142B
| $595M | 0.14% |
21,263,304
+974,008
| +5% | +$26.8M |
|
|
NVO
145
Novo Nordisk
NVO
$228B
| $583M | 0.14% |
4,086,556
+132,556
| +3% | +$17.6M |
|
146
TSMC
TSM
$2.09T
| $581M | 0.14% |
3,342,819
-2,643
| -0.1% | -$401K |
|
147
Danaher
DHR
$138B
| $578M | 0.14% |
2,314,576
+134,080
| +6% | +$33.9M |
|
148
Vanguard Intermediate-Term Bond ETF
BIV
$28.9B
| $577M | 0.14% |
7,709,642
-342,595
| -4% | -$25.5M |
|
149
State Street Financial Select Sector SPDR ETF
XLF
$56.8B
| $572M | 0.14% |
13,905,138
+794,422
| +6% | +$32.7M |
|
150
EOG Resources
EOG
$77.5B
| $571M | 0.14% |
4,539,033
-51,728
| -1% | -$6.64M |
|
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.