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 | |
|---|---|---|---|---|---|---|
1601
iShares US Broker-Dealers & Securities Exchanges ETF
IAI
$1.38B
| $9.46M | ﹤0.01% |
104,253
-189,580
| -65% | -$17M |
|
1602
Annaly Capital Management
NLY
$17.1B
| $9.45M | ﹤0.01% |
472,512
+164,300
| +53% | +$3.19M |
|
1603
AutoNation
AN
$7.13B
| $9.42M | ﹤0.01% |
57,229
-24,119
| -30% | -$3.35M |
|
1604
Texas Roadhouse
TXRH
$13.7B
| $9.4M | ﹤0.01% |
83,695
-8,509
| -9% | -$936K |
|
|
FOLD
1605
DELISTED
Amicus Therapeutics
FOLD
| $9.39M | ﹤0.01% |
747,552
+55,739
| +8% | +$661K |
|
1606
BlackLine
BL
$1.79B
| $9.38M | ﹤0.01% |
174,364
+9,988
| +6% | +$554K |
|
1607
Federal Agricultural Mortgage
AGM
$2.58B
| $9.34M | ﹤0.01% |
64,988
+399
| +0.6% | +$54.7K |
|
|
ACP
1608
abrdn Income Credit Strategies Fund
ACP
$630M
| $9.34M | ﹤0.01% |
1,365,205
-73,429
| -5% | -$492K |
|
1609
EXL Service
EXLS
$5.11B
| $9.33M | ﹤0.01% |
308,905
+46,995
| +18% | +$1.48M |
|
1610
Antero Resources
AR
$10.6B
| $9.33M | ﹤0.01% |
404,953
-55,364
| -12% | -$1.23M |
|
1611
Olin
OLN
$2.13B
| $9.31M | ﹤0.01% |
181,173
-18,526
| -9% | -$985K |
|
1612
Toast
TOST
$20.2B
| $9.3M | ﹤0.01% |
412,219
+171,079
| +71% | +$3.41M |
|
1613
ARK Autonomous Technology & Robotics ETF
ARKQ
$2.01B
| $9.3M | ﹤0.01% |
165,054
+11,906
| +8% | +$591K |
|
1614
First Trust Emerging Markets Local Currency Bond ETF
FEMB
$362M
| $9.28M | ﹤0.01% |
323,609
-35,660
| -10% | -$999K |
|
1615
A10 Networks
ATEN
$2.22B
| $9.28M | ﹤0.01% |
635,760
-172,167
| -21% | -$2.49M |
|
1616
Liberty All-Star Equity Fund
USA
$1.84B
| $9.26M | ﹤0.01% |
1,431,594
-142,363
| -9% | -$870K |
|
1617
Robert Half
RHI
$4.15B
| $9.26M | ﹤0.01% |
123,090
-13,565
| -10% | -$968K |
|
1618
TriNet
TNET
$3.14B
| $9.25M | ﹤0.01% |
97,386
+88,635
| +1,013% | +$8.07M |
|
1619
iShares Global 100 ETF
IOO
$9.18B
| $9.24M | ﹤0.01% |
121,532
+391
| +0.3% | +$28.6K |
|
1620
PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
HYS
$1.75B
| $9.24M | ﹤0.01% |
101,327
-45,780
| -31% | -$4.14M |
|
1621
Vanguard ESG US Stock ETF
ESGV
$13.6B
| $9.24M | ﹤0.01% |
117,869
-380
| -0.3% | -$28K |
|
|
FL
1622
DELISTED
Foot Locker
FL
| $9.23M | ﹤0.01% |
340,336
+171,608
| +102% | +$5.84M |
|
|
ACV
1623
Virtus Diversified Income & Convertible Fund
ACV
$283M
| $9.21M | ﹤0.01% |
461,094
+76,901
| +20% | +$1.47M |
|
1624
Patrick Industries
PATK
$2.9B
| $9.19M | ﹤0.01% |
172,353
+29,484
| +21% | +$1.39M |
|
1625
BOK Financial
BOKF
$8.78B
| $9.19M | ﹤0.01% |
113,717
-10,733
| -9% | -$884K |
|
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.