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 | |
|---|---|---|---|---|---|---|
1751
Nokia
NOK
$52.3B
| $7.65M | ﹤0.01% |
1,558,832
+278,939
| +22% | +$1.32M |
|
1752
Avantis International Equity ETF
AVDE
$18.7B
| $7.65M | ﹤0.01% |
134,131
+70,961
| +112% | +$4M |
|
|
JWN
1753
DELISTED
Nordstrom
JWN
| $7.64M | ﹤0.01% |
469,576
+55,251
| +13% | +$1.03M |
|
1754
Archrock
AROC
$5.8B
| $7.62M | ﹤0.01% |
780,335
+51,811
| +7% | +$508K |
|
|
WCC
1755
WESCO International
WCC
$17.7B
| $7.61M | ﹤0.01% |
49,214
-4,480
| -8% | -$671K |
|
1756
Power Integrations
POWI
$3.61B
| $7.6M | ﹤0.01% |
89,741
+10,538
| +13% | +$875K |
|
1757
First Merchants
FRME
$2.67B
| $7.58M | ﹤0.01% |
229,945
+27,050
| +13% | +$1.07M |
|
1758
UDR
UDR
$12.3B
| $7.55M | ﹤0.01% |
183,878
-45,315
| -20% | -$1.87M |
|
|
BTX
1759
BlackRock Technology and Private Equity Term Trust
BTX
$1B
| $7.55M | ﹤0.01% |
939,809
+123,189
| +15% | +$917K |
|
1760
First Trust Dorsey Wright International Focus 5 ETF
IFV
$235M
| $7.54M | ﹤0.01% |
437,259
+86,190
| +25% | +$1.48M |
|
1761
Liberty Global Class A
LBTYA
$3.6B
| $7.53M | ﹤0.01% |
386,135
+11,134
| +3% | +$226K |
|
1762
Newell Brands
NWL
$2.56B
| $7.52M | ﹤0.01% |
604,111
+58,184
| +11% | +$820K |
|
1763
Invesco S&P MidCap 400 GARP ETF
GRPM
$509M
| $7.51M | ﹤0.01% |
86,366
-11,465
| -12% | -$1.02M |
|
1764
VanEck Rare Earth/Strategic Metals ETF
REMX
$2.24B
| $7.51M | ﹤0.01% |
91,998
-2,577
| -3% | -$219K |
|
1765
Goosehead Insurance
GSHD
$2.32B
| $7.5M | ﹤0.01% |
143,734
+14,510
| +11% | +$630K |
|
1766
Schneider National
SNDR
$6.25B
| $7.5M | ﹤0.01% |
280,458
-10,175
| -4% | -$274K |
|
1767
Invesco Equal Weight 0-30 Year Treasury ETF
GOVI
$1.23B
| $7.49M | ﹤0.01% |
249,942
-19,727
| -7% | -$582K |
|
1768
Ashland
ASH
$3.5B
| $7.47M | ﹤0.01% |
72,758
-10,116
| -12% | -$1.05M |
|
1769
CALL
Airbnb
ABNB
$107B
| $7.46M | ﹤0.01% |
+60,000
| New | +$6.85M |
|
|
EMBJ
1770
Embraer S.A. ADS
EMBJ
$13B
| $7.46M | ﹤0.01% |
455,705
-38,582
| -8% | -$514K |
|
|
EIM
1771
Eaton Vance Municipal Bond Fund
EIM
$499M
| $7.45M | ﹤0.01% |
716,368
-6,928
| -1% | -$71K |
|
1772
Alerian Energy Infrastructure ETF
ENFR
$506M
| $7.45M | ﹤0.01% |
355,813
+15,473
| +5% | +$331K |
|
|
ACV
1773
Virtus Diversified Income & Convertible Fund
ACV
$282M
| $7.42M | ﹤0.01% |
384,193
+22,198
| +6% | +$460K |
|
|
LTHM
1774
DELISTED
Livent Corporation
LTHM
| $7.41M | ﹤0.01% |
341,374
+50,006
| +17% | +$1.16M |
|
1775
Crocs
CROX
$6.55B
| $7.4M | ﹤0.01% |
58,505
+10,819
| +23% | +$1.31M |
|
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.