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 |
Apple
AAPL
|
+$1B |
| 2 |
Microsoft
MSFT
|
+$878M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$748M |
| 4 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$647M |
| 5 |
Amazon
AMZN
|
+$436M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.09% |
| 2 | Healthcare | 9.01% |
| 3 | Financials | 7.29% |
| 4 | Industrials | 6.45% |
| 5 | Consumer Discretionary | 5.37% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1601
SPDR Gold MiniShares Trust
GLDM
$28.9B
| $9.25M | ﹤0.01% |
257,821
+85,556
| +50% | +$3.18M |
|
|
XYZ
1602
PUT
Block Inc
XYZ
$50.1B
| $9.22M | ﹤0.01% |
150,000
-5,000
| -3% | -$457K |
|
1603
Group 1 Automotive
GPI
$3.31B
| $9.22M | ﹤0.01% |
54,290
-14,254
| -21% | -$2.48M |
|
1604
Hercules Capital
HTGC
$3.12B
| $9.22M | ﹤0.01% |
683,346
-6,447
| -0.9% | -$101K |
|
1605
IDEX
IEX
$17.5B
| $9.19M | ﹤0.01% |
50,629
-31,034
| -38% | -$5.85M |
|
1606
Pacer Trendpilot International ETF
PTIN
$187M
| $9.19M | ﹤0.01% |
375,876
+23,153
| +7% | +$569K |
|
1607
EXL Service
EXLS
$5.11B
| $9.18M | ﹤0.01% |
311,690
-115,390
| -27% | -$3.26M |
|
1608
WaFd
WAFD
$2.79B
| $9.17M | ﹤0.01% |
305,477
-225,284
| -42% | -$7.07M |
|
|
VIVO
1609
DELISTED
Meridian Bioscience Inc
VIVO
| $9.15M | ﹤0.01% |
300,783
-110,904
| -27% | -$3M |
|
1610
CALL
Akamai
AKAM
$17.8B
| $9.13M | ﹤0.01% |
100,000
| – | – |
|
|
AVLR
1611
DELISTED
Avalara, Inc.
AVLR
| $9.09M | ﹤0.01% |
128,760
-43,455
| -25% | -$3.57M |
|
1612
Nuveen Preferred & Income Opportunities Fund
JPC
$2.9B
| $9.09M | ﹤0.01% |
1,188,194
+432,502
| +57% | +$3.45M |
|
1613
PUT
Dollar Tree
DLTR
$24.7B
| $9.07M | ﹤0.01% |
+58,200
| New | +$9.22M |
|
|
CMA
1614
DELISTED
Comerica
CMA
| $9.03M | ﹤0.01% |
123,119
+17,006
| +16% | +$1.37M |
|
|
VTNR
1615
DELISTED
Vertex Energy, Inc
VTNR
| $8.99M | ﹤0.01% |
854,606
+639,245
| +297% | +$7.58M |
|
1616
Dorman Products
DORM
$4.23B
| $8.99M | ﹤0.01% |
81,918
-10,378
| -11% | -$1.03M |
|
1617
PUT
Amgen
AMGN
$220B
| $8.98M | ﹤0.01% |
36,900
| – | – |
|
1618
Invesco S&P SmallCap Health Care ETF
PSCH
$166M
| $8.97M | ﹤0.01% |
196,755
-2,133
| -1% | -$102K |
|
1619
iShares Mortgage Real Estate ETF
REM
$537M
| $8.94M | ﹤0.01% |
334,261
-74,571
| -18% | -$2.21M |
|
1620
Commercial Metals
CMC
$8.37B
| $8.93M | ﹤0.01% |
269,634
-153,453
| -36% | -$6.04M |
|
1621
BellRing Brands
BRBR
$1.47B
| $8.89M | ﹤0.01% |
357,342
+22,240
| +7% | +$544K |
|
1622
iShares MSCI USA Equal Weighted ETF
EUSA
$1.87B
| $8.87M | ﹤0.01% |
125,614
-7,837
| -6% | -$605K |
|
1623
Texas Roadhouse
TXRH
$13.7B
| $8.85M | ﹤0.01% |
120,891
-41,824
| -26% | -$3.29M |
|
1624
Invesco Dorsey Wright Industrials Momentum ETF
PRN
$431M
| $8.85M | ﹤0.01% |
109,461
-29,819
| -21% | -$2.66M |
|
1625
Nuveen California AMT-Free Quality Municipal Income Fund
NKX
$655M
| $8.82M | ﹤0.01% |
685,085
+344,145
| +101% | +$4.5M |
|
Similar funds
Wells Fargo's Q2 2022 Portfolio in Review
As of Q2 2022, Wells Fargo held 8,080 positions worth $323B, down 17% from $390B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Wells Fargo withdrew a net $12.6B in Q2 2022, closing 375 positions and reducing 4,229 holdings. Its most notable exit was People's United Financial Inc, an estimated $250M position sold in full.
By sector, the portfolio is most concentrated in Technology at 13% of assets, down from 15% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Wells Fargo opened a new position in Aspen Technology Inc worth $80.2M.
- Wells Fargo's largest Q2 2022 buy was Aspen Technology Inc: 436,654 shares worth $80.2M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q2 2022, an estimated $2.47B increase.
- Wells Fargo's biggest Q2 2022 reduction was Apple, cutting an estimated $1B.
- Wells Fargo fully exited People's United Financial Inc in Q2 2022, selling an estimated $250M.
- Wells Fargo's ten largest holdings make up 18% of its $323B portfolio in Q2 2022.
- Wells Fargo opened 271 new positions and closed 375 in Q2 2022.
- Wells Fargo's portfolio value fell 17% quarter-over-quarter to $323B.
Based on Wells Fargo's 13F filing for Q2 2022, filed 12 Aug 2022.