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 | |
|---|---|---|---|---|---|---|
1701
BioNTech
BNTX
$23.3B
| $7.96M | ﹤0.01% |
53,378
-13,064
| -20% | -$2M |
|
1702
First Trust Nasdaq Bank ETF
FTXO
$314M
| $7.95M | ﹤0.01% |
305,124
-450,088
| -60% | -$12.9M |
|
|
HQH
1703
abrdn Healthcare Investors
HQH
$1.29B
| $7.92M | ﹤0.01% |
423,695
-20,360
| -5% | -$403K |
|
1704
Invesco Dorsey Wright Energy Momentum ETF
PXI
$50.2M
| $7.87M | ﹤0.01% |
205,989
-47,993
| -19% | -$2.13M |
|
1705
Trustmark
TRMK
$2.83B
| $7.86M | ﹤0.01% |
269,123
+8,855
| +3% | +$256K |
|
1706
Bloom Energy
BE
$69B
| $7.85M | ﹤0.01% |
475,957
-214,349
| -31% | -$3.92M |
|
|
ARDC
1707
Are Dynamic Credit Allocation Fund
ARDC
$298M
| $7.85M | ﹤0.01% |
643,572
+13,806
| +2% | +$185K |
|
1708
BlackRock Credit Allocation Income Trust
BTZ
$935M
| $7.84M | ﹤0.01% |
719,894
-17,366
| -2% | -$198K |
|
1709
Brixmor Property Group
BRX
$9.49B
| $7.83M | ﹤0.01% |
387,211
-14,201
| -4% | -$336K |
|
1710
Liberty Global Class A
LBTYA
$3.61B
| $7.8M | ﹤0.01% |
370,671
-23,238
| -6% | -$545K |
|
1711
State Street SPDR S&P Semiconductor ETF
XSD
$2.84B
| $7.75M | ﹤0.01% |
51,115
-12,905
| -20% | -$2.24M |
|
1712
FIVE9
FIVN
$2.27B
| $7.75M | ﹤0.01% |
84,978
-167,466
| -66% | -$16.9M |
|
1713
Ovintiv
OVV
$16B
| $7.74M | ﹤0.01% |
175,038
-88,810
| -34% | -$4.58M |
|
|
MGU
1714
DELISTED
Macquarie Global Infrastructure Total Return Fund, Inc.
MGU
| $7.73M | ﹤0.01% |
333,055
+2,974
| +0.9% | +$73.1K |
|
1715
First Trust Europe AlphaDEX Fund
FEP
$530M
| $7.72M | ﹤0.01% |
246,478
-142,461
| -37% | -$5.06M |
|
1716
BlackRock Enhanced International Dividend Trust
BGY
$526M
| $7.71M | ﹤0.01% |
1,524,730
+63,148
| +4% | +$338K |
|
1717
United States Gasoline Fund
UGA
$117M
| $7.7M | ﹤0.01% |
113,594
+34,779
| +44% | +$2.32M |
|
|
GRX
1718
Gabelli Healthcare & Wellness Trust
GRX
$144M
| $7.69M | ﹤0.01% |
717,640
+69,459
| +11% | +$805K |
|
1719
Bloomin' Brands
BLMN
$1.01B
| $7.68M | ﹤0.01% |
461,954
-413,147
| -47% | -$8.38M |
|
1720
ICICI Bank
IBN
$109B
| $7.67M | ﹤0.01% |
432,179
-132,812
| -24% | -$2.48M |
|
1721
RB Global
RBA
$17.8B
| $7.67M | ﹤0.01% |
117,848
-28,825
| -20% | -$1.69M |
|
1722
PUT
United Rentals
URI
$72.3B
| $7.63M | ﹤0.01% |
+31,400
| New | +$9.24M |
|
1723
Parsons
PSN
$5.1B
| $7.62M | ﹤0.01% |
188,514
-23,979
| -11% | -$919K |
|
1724
Scotiabank
BNS
$108B
| $7.58M | ﹤0.01% |
128,354
-185,661
| -59% | -$12M |
|
1725
Kayne Anderson Energy Infrastructure Fund
KYN
$2.38B
| $7.58M | ﹤0.01% |
904,255
+31,921
| +4% | +$289K |
|
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.