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 | |
|---|---|---|---|---|---|---|
|
ACV
1776
Virtus Diversified Income & Convertible Fund
ACV
$283M
| $7.03M | ﹤0.01% |
360,338
+15,559
| +5% | +$341K |
|
1777
PUT
Tapestry
TPR
$32.2B
| $7.03M | ﹤0.01% |
230,300
+79,200
| +52% | +$2.59M |
|
|
CWAN
1778
DELISTED
Clearwater Analytics
CWAN
| $7.01M | ﹤0.01% |
582,675
-73,775
| -11% | -$1.19M |
|
1779
Affiliated Managers Group
AMG
$9.92B
| $7M | ﹤0.01% |
60,074
-600
| -1% | -$77.2K |
|
1780
Nuveen Municipal Value Fund
NUV
$1.9B
| $7M | ﹤0.01% |
783,921
+56,520
| +8% | +$512K |
|
1781
Teucrium Corn Fund
CORN
$168M
| $7M | ﹤0.01% |
278,070
+171,343
| +161% | +$4.89M |
|
1782
Saic
SAIC
$5.09B
| $6.99M | ﹤0.01% |
75,080
-34,512
| -31% | -$3.02M |
|
1783
Bank of Montreal
BMO
$127B
| $6.97M | ﹤0.01% |
72,629
-93,020
| -56% | -$9.88M |
|
1784
PUT
State Street Industrial Select Sector SPDR ETF
XLI
$33.9B
| $6.93M | ﹤0.01% |
+79,300
| New | +$7.48M |
|
1785
Ashland
ASH
$3.28B
| $6.92M | ﹤0.01% |
67,187
-3,293
| -5% | -$337K |
|
1786
Fortis
FTS
$28.8B
| $6.91M | ﹤0.01% |
146,403
-16,614
| -10% | -$815K |
|
|
RMT
1787
Royce Micro-Cap Trust
RMT
$757M
| $6.91M | ﹤0.01% |
826,296
-50,283
| -6% | -$470K |
|
|
GRES
1788
DELISTED
IQ ARB Global Resources
GRES
| $6.91M | ﹤0.01% |
224,006
+127,207
| +131% | +$4.34M |
|
1789
RH
RH
$3.7B
| $6.89M | ﹤0.01% |
32,476
-14,655
| -31% | -$4.35M |
|
1790
DraftKings
DKNG
$10.8B
| $6.88M | ﹤0.01% |
589,603
-22,643
| -4% | -$319K |
|
1791
US Physical Therapy
USPH
$1.18B
| $6.88M | ﹤0.01% |
62,989
-13,222
| -17% | -$1.4M |
|
1792
Repligen
RGEN
$8.95B
| $6.87M | ﹤0.01% |
42,303
-19,244
| -31% | -$3.04M |
|
1793
Liberty Broadband Class A
LBRDA
$5.17B
| $6.83M | ﹤0.01% |
60,140
-3,183
| -5% | -$374K |
|
1794
BlackRock Health Sciences Trust
BME
$562M
| $6.83M | ﹤0.01% |
160,998
+24,413
| +18% | +$1.06M |
|
1795
PROG Holdings
PRG
$1.83B
| $6.83M | ﹤0.01% |
413,754
-64,585
| -14% | -$1.65M |
|
1796
Nokia
NOK
$53.5B
| $6.82M | ﹤0.01% |
1,479,043
-10,667
| -0.7% | -$53.3K |
|
1797
First Merchants
FRME
$2.72B
| $6.82M | ﹤0.01% |
191,426
-44,511
| -19% | -$1.75M |
|
1798
KB Financial Group
KB
$42.4B
| $6.81M | ﹤0.01% |
183,160
+16,071
| +10% | +$730K |
|
1799
Exelixis
EXEL
$14.3B
| $6.81M | ﹤0.01% |
327,173
-140,074
| -30% | -$2.89M |
|
1800
Stellantis
STLA
$21.2B
| $6.81M | ﹤0.01% |
550,785
-411,055
| -43% | -$5.81M |
|
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 272 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.