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
|
+$506M |
| 2 |
Microsoft
MSFT
|
+$336M |
| 3 |
Amazon
AMZN
|
+$287M |
| 4 |
Apple
AAPL
|
+$269M |
| 5 |
Meta Platforms (Facebook)
META
|
+$233M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Air Products & Chemicals
APD
|
+$425M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$334M |
| 3 |
United Parcel Service
UPS
|
+$148M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$128M |
| 5 |
Vanguard Morningstar Mid-Cap ETF
VO
|
+$124M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.28% |
| 2 | Financials | 7.45% |
| 3 | Healthcare | 7.23% |
| 4 | Industrials | 6.23% |
| 5 | Consumer Discretionary | 5.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1676
CALL
Southwest Airlines
LUV
$24.1B
| $10.2M | ﹤0.01% |
356,400
| – | – |
|
|
ACV
1677
Virtus Diversified Income & Convertible Fund
ACV
$283M
| $10.2M | ﹤0.01% |
480,007
+8,919
| +2% | +$197K |
|
1678
Helmerich & Payne
HP
$3.34B
| $10.2M | ﹤0.01% |
281,231
+140,823
| +100% | +$5.41M |
|
|
SEM
1679
DELISTED
Select Medical
SEM
| $10.2M | ﹤0.01% |
537,832
+4,169
| +0.8% | +$71.1K |
|
1680
iShares MSCI Germany ETF
EWG
$1.61B
| $10.2M | ﹤0.01% |
331,738
+132,356
| +66% | +$4.14M |
|
1681
Transocean
RIG
$5.69B
| $10.2M | ﹤0.01% |
1,897,819
+624,174
| +49% | +$3.61M |
|
1682
HealthEquity
HQY
$8.64B
| $10.1M | ﹤0.01% |
117,734
+33,481
| +40% | +$2.71M |
|
1683
Franklin US Low Volatility High Dividend Index ETF
LVHD
$629M
| $10.1M | ﹤0.01% |
282,997
+8,871
| +3% | +$319K |
|
1684
Popular Inc
BPOP
$11.3B
| $10.1M | ﹤0.01% |
114,639
+653
| +0.6% | +$56.7K |
|
1685
BlackRock MuniYield Quality Fund
MQY
$810M
| $10.1M | ﹤0.01% |
823,752
+45,628
| +6% | +$551K |
|
1686
Nuveen Credit Strategies Income Fund
JQC
$708M
| $10.1M | ﹤0.01% |
1,820,543
+504,667
| +38% | +$2.81M |
|
1687
Nuveen Floating Rate Income Fund
JFR
$1.24B
| $10.1M | ﹤0.01% |
1,165,733
-49,156
| -4% | -$428K |
|
1688
Brookfield Infrastructure Partners
BIP
$18.2B
| $10.1M | ﹤0.01% |
367,137
+20,150
| +6% | +$574K |
|
1689
Shift4
FOUR
$4.26B
| $10.1M | ﹤0.01% |
137,316
+15,315
| +13% | +$1.02M |
|
1690
Invesco FTSE RAFI Emerging Markets ETF
PXH
$1.95B
| $10.1M | ﹤0.01% |
497,143
-457,518
| -48% | -$9.24M |
|
1691
State Street SPDR MSCI ACWI ex-US ETF
CWI
$2.84B
| $10.1M | ﹤0.01% |
355,357
+21,259
| +6% | +$602K |
|
1692
Casella Waste Systems
CWST
$5.69B
| $10.1M | ﹤0.01% |
101,344
+1,030
| +1% | +$99.2K |
|
1693
VanEck Short Muni ETF
SMB
$311M
| $10M | ﹤0.01% |
589,887
-1,794
| -0.3% | -$30.4K |
|
1694
Nuveen Municipal Value Fund
NUV
$1.91B
| $10M | ﹤0.01% |
1,159,087
+159,583
| +16% | +$1.36M |
|
1695
Affiliated Managers Group
AMG
$10.1B
| $10M | ﹤0.01% |
64,024
-4,049
| -6% | -$645K |
|
1696
IDEX
IEX
$17.6B
| $9.98M | ﹤0.01% |
49,619
-7,980
| -14% | -$1.74M |
|
1697
iShares Europe ETF
IEV
$1.69B
| $9.98M | ﹤0.01% |
182,283
-5,387
| -3% | -$301K |
|
1698
Herc Holdings
HRI
$5.68B
| $9.98M | ﹤0.01% |
74,864
-12,483
| -14% | -$1.84M |
|
1699
News Corp Class A
NWSA
$15.3B
| $9.94M | ﹤0.01% |
360,703
+212,604
| +144% | +$5.49M |
|
1700
iShares JPMorgan EM High Yield Bond ETF
EMHY
$627M
| $9.93M | ﹤0.01% |
267,947
+18,529
| +7% | +$689K |
|
Similar funds
Wells Fargo's Q2 2024 Portfolio in Review
As of Q2 2024, Wells Fargo held 7,784 positions worth $412B, down 0.64% from $415B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Wells Fargo's Q2 2024 filing shows 385 new, 3,309 increased, 2,368 reduced and 948 closed positions. Its largest new stake was NextEra Energy 7.299% Corporate Units: 1,487,927 shares worth $73.6M. The largest sale was Air Products & Chemicals, an estimated $425M.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 14% a quarter earlier, followed by Financials and Healthcare.
- Wells Fargo's largest Q2 2024 buy was NextEra Energy 7.299% Corporate Units: 1,487,927 shares worth $73.6M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q2 2024, an estimated $506M increase.
- Wells Fargo's biggest Q2 2024 reduction was Air Products & Chemicals, cutting an estimated $425M.
- Wells Fargo fully exited Pioneer Natural Resource Co. in Q2 2024, selling an estimated $88.9M.
- Wells Fargo's ten largest holdings make up 19% of its $412B portfolio in Q2 2024.
- Wells Fargo opened 385 new positions and closed 948 in Q2 2024.
- Wells Fargo's portfolio value fell 0.64% quarter-over-quarter to $412B.
Based on Wells Fargo's 13F filing for Q2 2024, filed 13 Aug 2024.