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
|
+$790M |
| 2 |
Invesco Actively Managed Exch-Traded Commodity Fd Tr Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
PDBC
|
+$525M |
| 3 |
iShares Broad USD High Yield Corporate Bond ETF
USHY
|
+$479M |
| 4 |
W.W. Grainger
GWW
|
+$286M |
| 5 |
ARK Innovation ETF
ARKK
|
+$244M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$493M |
| 2 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$335M |
| 3 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$314M |
| 4 |
Xtrackers USD High Yield Corporate Bond ETF
HYLB
|
+$275M |
| 5 |
Apple
AAPL
|
+$249M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 12.74% |
| 2 | Healthcare | 8.69% |
| 3 | Financials | 7.28% |
| 4 | Industrials | 6.31% |
| 5 | Consumer Discretionary | 5.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
151
Vanguard High Dividend Yield ETF
VYM
$80.9B
| $409M | 0.13% |
4,314,527
+296,836
| +7% | +$30.9M |
|
152
JPMorgan Ultra-Short Income ETF
JPST
$40.1B
| $406M | 0.13% |
8,097,573
+1,444,328
| +22% | +$72.4M |
|
153
Intel
INTC
$455B
| $402M | 0.13% |
15,603,791
-448,209
| -3% | -$15.3M |
|
154
American Electric Power
AEP
$69.6B
| $400M | 0.13% |
4,628,360
-134,451
| -3% | -$13.3M |
|
155
PPG Industries
PPG
$24.6B
| $398M | 0.13% |
3,592,657
+27,214
| +0.8% | +$3.36M |
|
156
ConocoPhillips
COP
$147B
| $397M | 0.13% |
3,876,216
+137,857
| +4% | +$13.8M |
|
157
Morgan Stanley
MS
$331B
| $395M | 0.13% |
4,994,205
-134,785
| -3% | -$11.4M |
|
158
S&P Global
SPGI
$121B
| $393M | 0.13% |
1,286,373
-56,243
| -4% | -$20.1M |
|
159
Diageo
DEO
$49B
| $390M | 0.13% |
2,294,729
+63,357
| +3% | +$11.4M |
|
160
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$45.8B
| $388M | 0.13% |
1,351,352
-19,333
| -1% | -$6.15M |
|
161
Vanguard Information Technology ETF
VGT
$139B
| $387M | 0.13% |
10,060,840
+127,192
| +1% | +$5.59M |
|
162
iShares Gold Trust
IAU
$62.9B
| $386M | 0.13% |
12,250,197
-2,300,418
| -16% | -$75.4M |
|
163
Goldman Sachs ActiveBeta International Equity ETF
GSIE
$6B
| $385M | 0.13% |
15,541,600
+1,677,978
| +12% | +$46.6M |
|
164
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.07B
| $374M | 0.12% |
4,256,272
-95,330
| -2% | -$8.88M |
|
165
Alerian MLP ETF
AMLP
$13B
| $370M | 0.12% |
10,132,333
-1,317,941
| -12% | -$50.2M |
|
166
First Trust Rising Dividend Achievers ETF
RDVY
$24.7B
| $370M | 0.12% |
9,518,133
+112,769
| +1% | +$4.85M |
|
167
JPMorgan Equity Premium Income ETF
JEPI
$45.9B
| $370M | 0.12% |
7,222,129
+2,765,190
| +62% | +$154M |
|
168
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$34.3B
| $359M | 0.12% |
3,503,166
+407,199
| +13% | +$44.9M |
|
169
Crown Castle
CCI
$33.3B
| $356M | 0.12% |
2,459,911
-25,875
| -1% | -$4.43M |
|
170
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$22.6B
| $354M | 0.12% |
4,973,342
-969,778
| -16% | -$75.9M |
|
171
PNC Financial Services
PNC
$99.7B
| $354M | 0.12% |
2,366,312
+85,858
| +4% | +$13.9M |
|
172
CMS Energy
CMS
$22.6B
| $349M | 0.11% |
5,991,119
+233,435
| +4% | +$15.7M |
|
|
BNY
173
Bank of New York Mellon
BNY
$106B
| $344M | 0.11% |
8,935,224
+46,032
| +0.5% | +$1.96M |
|
174
Adobe
ADBE
$99.5B
| $342M | 0.11% |
1,241,125
-163,355
| -12% | -$61.8M |
|
175
TJX Companies
TJX
$174B
| $341M | 0.11% |
5,486,315
-42,534
| -0.8% | -$2.67M |
|
Similar funds
Wells Fargo's Q3 2022 Portfolio in Review
As of Q3 2022, Wells Fargo held 7,985 positions worth $307B, down 5.1% from $323B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Wells Fargo's Q3 2022 filing shows 269 new, 2,582 increased, 3,682 reduced and 345 closed positions. Its largest new stake was Haleon: 3,382,497 shares worth $20.6M. The largest sale was iShares Core MSCI Emerging Markets ETF, an estimated $493M.
By sector, the portfolio is most concentrated in Technology at 13% of assets, down from 13% a quarter earlier, followed by Healthcare and Financials.
- Wells Fargo's largest Q3 2022 buy was Haleon: 3,382,497 shares worth $20.6M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q3 2022, an estimated $790M increase.
- Wells Fargo's biggest Q3 2022 reduction was iShares Core MSCI Emerging Markets ETF, cutting an estimated $493M.
- Wells Fargo fully exited NextEra Energy, Inc. 4.872% Corporate Units in Q3 2022, selling an estimated $19.1M.
- Wells Fargo's ten largest holdings make up 18% of its $307B portfolio in Q3 2022.
- Wells Fargo opened 269 new positions and closed 345 in Q3 2022.
- Wells Fargo's portfolio value fell 5.1% quarter-over-quarter to $307B.
Based on Wells Fargo's 13F filing for Q3 2022, filed 14 Nov 2022.