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 | |
|---|---|---|---|---|---|---|
1551
Cullen/Frost Bankers
CFR
$10.2B
| $10.1M | ﹤0.01% |
96,347
-17,112
| -15% | -$2.13M |
|
1552
Lloyds Banking Group
LYG
$91.3B
| $10.1M | ﹤0.01% |
4,371,712
+213,729
| +5% | +$517K |
|
1553
PUT
PayPal
PYPL
$50.5B
| $10.1M | ﹤0.01% |
+133,500
| New | +$10.3M |
|
1554
Invesco S&P 500 Equal Weight Industrials ETF
RSPN
$1.14B
| $10.1M | ﹤0.01% |
269,900
+106,700
| +65% | +$3.99M |
|
1555
NewMarket
NEU
$8.18B
| $10.1M | ﹤0.01% |
27,731
+731
| +3% | +$253K |
|
1556
Cable One
CABO
$212M
| $10.1M | ﹤0.01% |
14,413
+2,070
| +17% | +$1.51M |
|
1557
Invesco Water Resources ETF
PHO
$2.09B
| $10.1M | ﹤0.01% |
189,484
+42,799
| +29% | +$2.27M |
|
1558
FormFactor
FORM
$9.17B
| $10.1M | ﹤0.01% |
316,701
+32,266
| +11% | +$925K |
|
1559
PUT
Bank of America
BAC
$442B
| $10.1M | ﹤0.01% |
352,400
-717,500
| -67% | -$23.7M |
|
1560
American Financial Group
AFG
$12.1B
| $10.1M | ﹤0.01% |
82,949
+1,563
| +2% | +$206K |
|
1561
Rexford Industrial Realty
REXR
$8.19B
| $10.1M | ﹤0.01% |
168,844
-65,369
| -28% | -$3.91M |
|
1562
Invesco Dorsey Wright Emerging Markets Momentum ETF
PIE
$250M
| $10.1M | ﹤0.01% |
542,718
+58,092
| +12% | +$1.07M |
|
1563
Terex
TEX
$7.74B
| $10M | ﹤0.01% |
207,664
+87,226
| +72% | +$4.46M |
|
|
LEO
1564
BNY Mellon Strategic Municipals
LEO
$387M
| $10M | ﹤0.01% |
1,608,601
+525,723
| +49% | +$3.32M |
|
1565
Revvity
RVTY
$12.8B
| $10M | ﹤0.01% |
75,306
-1,304
| -2% | -$172K |
|
1566
iShares Global Energy ETF
IXC
$2.76B
| $10M | ﹤0.01% |
264,987
+15,698
| +6% | +$606K |
|
1567
argenx
ARGX
$54.1B
| $10M | ﹤0.01% |
26,854
+759
| +3% | +$281K |
|
1568
First Trust Nasdaq Oil & Gas ETF
FTXN
$157M
| $10M | ﹤0.01% |
370,714
-201,041
| -35% | -$5.54M |
|
|
TXNM
1569
TXNM Energy Inc
TXNM
$5.94B
| $9.98M | ﹤0.01% |
205,089
+115,602
| +129% | +$5.67M |
|
1570
iShares International Equity Factor ETF
INTF
$3.72B
| $9.98M | ﹤0.01% |
376,819
-46,713
| -11% | -$1.22M |
|
1571
Planet Fitness
PLNT
$3.78B
| $9.98M | ﹤0.01% |
128,492
-274
| -0.2% | -$21.9K |
|
1572
Host Hotels & Resorts
HST
$16B
| $9.97M | ﹤0.01% |
604,785
-156,635
| -21% | -$2.67M |
|
1573
Texas Roadhouse
TXRH
$13.7B
| $9.96M | ﹤0.01% |
92,204
+10,142
| +12% | +$1.04M |
|
1574
First Trust Emerging Markets Local Currency Bond ETF
FEMB
$364M
| $9.95M | ﹤0.01% |
359,269
+193,431
| +117% | +$5.24M |
|
1575
WisdomTree Japan Hedged Equity Fund
DXJ
$7.42B
| $9.95M | ﹤0.01% |
140,667
+22,723
| +19% | +$1.56M |
|
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.