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
|
+$3.29B |
| 2 |
iShares Core MSCI EAFE ETF
IEFA
|
+$1.37B |
| 3 |
Invesco QQQ Trust
QQQ
|
+$642M |
| 4 |
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
|
+$498M |
| 5 |
Nike
NKE
|
+$221M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Morningstar Mid-Cap ETF
VO
|
+$1.24B |
| 2 |
Clorox
CLX
|
+$326M |
| 3 |
Walmart Inc
WMT
|
+$228M |
| 4 |
iShares Russell Mid-Cap ETF
IWR
|
+$152M |
| 5 |
Microsoft
MSFT
|
+$151M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.61% |
| 2 | Healthcare | 8.1% |
| 3 | Financials | 6.84% |
| 4 | Industrials | 6.48% |
| 5 | Consumer Discretionary | 5.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1576
BlackRock Enhanced Global Dividend Trust
BOE
$684M
| $9.92M | ﹤0.01% |
985,456
-11,822
| -1% | -$118K |
|
|
NBXG
1577
Neuberger Next Generation Connectivity Fund Inc
NBXG
$1.2B
| $9.92M | ﹤0.01% |
909,122
-27,660
| -3% | -$280K |
|
1578
Nuveen Preferred & Income Opportunities Fund
JPC
$2.9B
| $9.85M | ﹤0.01% |
1,520,272
+64,265
| +4% | +$407K |
|
1579
Blue Owl Capital
OBDC
$5.44B
| $9.83M | ﹤0.01% |
732,361
+223,231
| +44% | +$2.92M |
|
1580
Toll Brothers
TOL
$14.5B
| $9.81M | ﹤0.01% |
124,129
-4,947
| -4% | -$332K |
|
1581
Scorpio Tankers
STNG
$3.71B
| $9.81M | ﹤0.01% |
207,678
+32,416
| +18% | +$1.6M |
|
1582
PUT
Cadence Design Systems
CDNS
$92.8B
| $9.8M | ﹤0.01% |
+41,800
| New | +$9.1M |
|
|
KE
1583
Kimball Electronics
KE
$644M
| $9.79M | ﹤0.01% |
354,372
+27,063
| +8% | +$640K |
|
1584
Power Integrations
POWI
$3.45B
| $9.74M | ﹤0.01% |
102,898
+13,157
| +15% | +$1.1M |
|
1585
Fidelity MSCI Information Technology Index ETF
FTEC
$21B
| $9.7M | ﹤0.01% |
74,283
-54,025
| -42% | -$6.41M |
|
1586
Neurocrine Biosciences
NBIX
$16.4B
| $9.69M | ﹤0.01% |
102,773
+11,559
| +13% | +$1.13M |
|
1587
Alaska Air
ALK
$5.81B
| $9.69M | ﹤0.01% |
182,220
-19,801
| -10% | -$900K |
|
1588
Parsons
PSN
$5.1B
| $9.69M | ﹤0.01% |
201,215
+9,224
| +5% | +$421K |
|
1589
Helix Energy Solutions
HLX
$1.37B
| $9.68M | ﹤0.01% |
1,312,154
+129,775
| +11% | +$923K |
|
1590
NVE Corp
NVEC
$613M
| $9.68M | ﹤0.01% |
99,298
+74,653
| +303% | +$6.47M |
|
1591
Mercer International
MERC
$45.3M
| $9.67M | ﹤0.01% |
1,198,839
-141,810
| -11% | -$1.29M |
|
1592
Lloyds Banking Group
LYG
$90.7B
| $9.62M | ﹤0.01% |
4,374,083
+2,371
| +0.1% | +$5.44K |
|
1593
WSFS Financial
WSFS
$4.23B
| $9.59M | ﹤0.01% |
254,211
-3,282
| -1% | -$117K |
|
1594
Invesco Solar ETF
TAN
$1.45B
| $9.56M | ﹤0.01% |
133,861
-50,373
| -27% | -$3.63M |
|
1595
VanEck BDC Income ETF
BIZD
$1.61B
| $9.54M | ﹤0.01% |
621,358
+9,111
| +1% | +$133K |
|
1596
Goosehead Insurance
GSHD
$2.38B
| $9.52M | ﹤0.01% |
151,387
+7,653
| +5% | +$440K |
|
1597
iShares Morningstar Small-Cap Value ETF
ISCV
$706M
| $9.52M | ﹤0.01% |
176,198
-85,053
| -33% | -$4.37M |
|
1598
Caesars Entertainment
CZR
$6.13B
| $9.51M | ﹤0.01% |
186,633
-23,517
| -11% | -$1.07M |
|
|
DAY
1599
DELISTED
Dayforce
DAY
| $9.48M | ﹤0.01% |
141,616
+23,798
| +20% | +$1.53M |
|
1600
WesBanco
WSBC
$4.04B
| $9.47M | ﹤0.01% |
369,667
+2,163
| +0.6% | +$56.4K |
|
Similar funds
Wells Fargo's Q2 2023 Portfolio in Review
As of Q2 2023, Wells Fargo held 7,830 positions worth $362B, up 4.4% from $347B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Wells Fargo's Q2 2023 filing shows 390 new, 3,912 increased, 2,324 reduced and 274 closed positions. Its largest new stake was State Street SPDR US Large Cap Low Volatility Index ETF: 257,436 shares worth $36.2M. The largest sale was Vanguard Morningstar Mid-Cap ETF, an estimated $1.24B.
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 2023 buy was State Street SPDR US Large Cap Low Volatility Index ETF: 257,436 shares worth $36.2M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q2 2023, an estimated $3.29B increase.
- Wells Fargo's biggest Q2 2023 reduction was Vanguard Morningstar Mid-Cap ETF, cutting an estimated $1.24B.
- Wells Fargo fully exited ABB Ltd in Q2 2023, selling an estimated $67.4M.
- Wells Fargo's ten largest holdings make up 18% of its $362B portfolio in Q2 2023.
- Wells Fargo opened 390 new positions and closed 274 in Q2 2023.
- Wells Fargo's portfolio value rose 4.4% quarter-over-quarter to $362B.
Based on Wells Fargo's 13F filing for Q2 2023, filed 15 Aug 2023.