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 | |
|---|---|---|---|---|---|---|
1601
Southern Copper
SCCO
$166B
| $9.63M | ﹤0.01% |
136,272
-12,057
| -8% | -$819K |
|
|
ACP
1602
abrdn Income Credit Strategies Fund
ACP
$637M
| $9.6M | ﹤0.01% |
1,438,634
+1,437,692
| +152,621% | +$10.7M |
|
1603
PUT
Nike
NKE
$61.9B
| $9.59M | ﹤0.01% |
78,200
+75,700
| +3,028% | +$9.31M |
|
1604
Nuveen Preferred & Income Opportunities Fund
JPC
$2.9B
| $9.58M | ﹤0.01% |
1,456,007
+110,241
| +8% | +$806K |
|
1605
Carnival Corporation Ltd
CCL
$39.7B
| $9.57M | ﹤0.01% |
943,205
+188,486
| +25% | +$1.95M |
|
1606
Levi Strauss
LEVI
$9.39B
| $9.56M | ﹤0.01% |
524,519
+13,845
| +3% | +$238K |
|
1607
Cohen & Steers REIT and Preferred and Income Fund
RNP
$989M
| $9.55M | ﹤0.01% |
489,669
+9,030
| +2% | +$191K |
|
1608
Henry Schein
HSIC
$9.82B
| $9.54M | ﹤0.01% |
117,030
-7,969
| -6% | -$649K |
|
1609
State Street SPDR Portfolio TIPS ETF
SPIP
$1B
| $9.53M | ﹤0.01% |
357,472
-60,506
| -14% | -$1.58M |
|
1610
PROG Holdings
PRG
$1.71B
| $9.53M | ﹤0.01% |
400,533
+7,178
| +2% | +$161K |
|
1611
Casella Waste Systems
CWST
$5.69B
| $9.51M | ﹤0.01% |
115,025
+8,583
| +8% | +$679K |
|
1612
Whirlpool
WHR
$2.82B
| $9.49M | ﹤0.01% |
71,901
-440
| -0.6% | -$62.7K |
|
1613
PUT
BP
BP
$107B
| $9.48M | ﹤0.01% |
+250,000
| New | +$9.34M |
|
1614
iShares Core 10+ Year USD Bond ETF
ILTB
$596M
| $9.47M | ﹤0.01% |
176,193
-19,768
| -10% | -$1.05M |
|
1615
Cognex
CGNX
$11.3B
| $9.46M | ﹤0.01% |
190,918
+18,286
| +11% | +$925K |
|
1616
Cirrus Logic
CRUS
$6.26B
| $9.45M | ﹤0.01% |
86,372
-12,289
| -12% | -$1.2M |
|
1617
iShares ESG Aware MSCI USA Small-Cap ETF
ESML
$2.92B
| $9.44M | ﹤0.01% |
277,736
+25,484
| +10% | +$890K |
|
1618
Global X SuperDividend US ETF
DIV
$783M
| $9.42M | ﹤0.01% |
539,957
-102,768
| -16% | -$1.9M |
|
1619
Qorvo
QRVO
$8.74B
| $9.4M | ﹤0.01% |
92,551
-15,889
| -15% | -$1.61M |
|
1620
iShares International Treasury Bond ETF
IGOV
$1.54B
| $9.39M | ﹤0.01% |
233,590
+12,284
| +6% | +$489K |
|
1621
Mine Safety
MSA
$7.49B
| $9.38M | ﹤0.01% |
70,254
+1,673
| +2% | +$225K |
|
1622
State Street SPDR Portfolio Long Term Corporate Bond ETF
SPLB
$1.17B
| $9.37M | ﹤0.01% |
396,818
+23,399
| +6% | +$547K |
|
1623
CRISPR Therapeutics
CRSP
$5.17B
| $9.34M | ﹤0.01% |
206,595
+69,932
| +51% | +$3.4M |
|
1624
Nuveen S&P 500 Dynamic Overwrite Fund
SPXX
$344M
| $9.32M | ﹤0.01% |
598,016
+70,242
| +13% | +$1.1M |
|
1625
Lumentum
LITE
$69.3B
| $9.31M | ﹤0.01% |
172,427
+24,186
| +16% | +$1.35M |
|
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.