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 | |
|---|---|---|---|---|---|---|
1801
TRI-Continental Corp
TY
$1.9B
| $7.12M | ﹤0.01% |
268,154
+7,486
| +3% | +$200K |
|
1802
Myriad Genetics
MYGN
$312M
| $7.12M | ﹤0.01% |
306,348
+63,568
| +26% | +$1.29M |
|
1803
ENI
E
$77.5B
| $7.11M | ﹤0.01% |
254,043
+11,411
| +5% | +$334K |
|
1804
Spotify
SPOT
$100B
| $7.1M | ﹤0.01% |
53,127
+3,328
| +7% | +$381K |
|
|
CPZ
1805
Calamos Long/Short Equity & Dynamic Income Trust
CPZ
$268M
| $7.06M | ﹤0.01% |
457,243
-42,301
| -8% | -$678K |
|
|
THQ
1806
abrdn Healthcare Opportunities Fund
THQ
$796M
| $7.06M | ﹤0.01% |
376,481
-15,126
| -4% | -$289K |
|
|
IBHC
1807
DELISTED
iShares iBonds 2023 Term High Yield and Income ETF
IBHC
| $7.06M | ﹤0.01% |
299,143
+24,387
| +9% | +$574K |
|
1808
HF Sinclair
DINO
$14.5B
| $7.06M | ﹤0.01% |
145,965
-24,148
| -14% | -$1.26M |
|
|
DSL
1809
DoubleLine Income Solutions Fund
DSL
$1.24B
| $7.02M | ﹤0.01% |
617,239
+179,737
| +41% | +$2.14M |
|
|
AVK
1810
Advent Convertible and Income Fund
AVK
$563M
| $7.02M | ﹤0.01% |
623,449
+30,789
| +5% | +$362K |
|
1811
PUT
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.51B
| $7.02M | ﹤0.01% |
55,000
-731,400
| -93% | -$97.1M |
|
1812
Global X Russell 2000 Covered Call ETF
RYLD
$1.4B
| $7.01M | ﹤0.01% |
390,328
+69,878
| +22% | +$1.32M |
|
1813
ASE Group
ASX
$82.2B
| $7M | ﹤0.01% |
878,791
+37,877
| +5% | +$277K |
|
1814
Nuveen Municipal Value Fund
NUV
$1.91B
| $7M | ﹤0.01% |
794,060
-38,435
| -5% | -$342K |
|
|
BERY
1815
DELISTED
Berry Global Group, Inc.
BERY
| $6.98M | ﹤0.01% |
129,091
-956
| -0.7% | -$52.9K |
|
1816
Global X S&P 500 Catholic Values ETF
CATH
$1.34B
| $6.98M | ﹤0.01% |
138,950
+6,247
| +5% | +$305K |
|
|
APLS
1817
DELISTED
Apellis Pharmaceuticals
APLS
| $6.97M | ﹤0.01% |
105,618
+88,673
| +523% | +$5.12M |
|
1818
iShares iBonds Dec 2029 Term Treasury ETF
IBTJ
$1.35B
| $6.95M | ﹤0.01% |
313,467
+83,294
| +36% | +$1.82M |
|
1819
FNB Corp
FNB
$6.75B
| $6.94M | ﹤0.01% |
598,274
-97,727
| -14% | -$1.3M |
|
|
RMT
1820
Royce Micro-Cap Trust
RMT
$761M
| $6.92M | ﹤0.01% |
789,423
+18,299
| +2% | +$167K |
|
1821
BlackRock Credit Allocation Income Trust
BTZ
$956M
| $6.91M | ﹤0.01% |
671,541
+21,915
| +3% | +$234K |
|
1822
Clean Harbors
CLH
$16.3B
| $6.91M | ﹤0.01% |
48,468
+23,271
| +92% | +$3.03M |
|
1823
Unity
U
$18.9B
| $6.89M | ﹤0.01% |
212,495
+21,181
| +11% | +$681K |
|
1824
WisdomTree US SmallCap Earnings Fund
EES
$731M
| $6.89M | ﹤0.01% |
159,391
+3,331
| +2% | +$151K |
|
1825
Columbia Banking Systems
COLB
$8.84B
| $6.87M | ﹤0.01% |
320,691
+164,570
| +105% | +$4.57M |
|
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.