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
|
+$506M |
| 2 |
Microsoft
MSFT
|
+$336M |
| 3 |
Amazon
AMZN
|
+$287M |
| 4 |
Apple
AAPL
|
+$269M |
| 5 |
Meta Platforms (Facebook)
META
|
+$233M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Air Products & Chemicals
APD
|
+$425M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$334M |
| 3 |
United Parcel Service
UPS
|
+$148M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$128M |
| 5 |
Vanguard Morningstar Mid-Cap ETF
VO
|
+$124M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.28% |
| 2 | Financials | 7.45% |
| 3 | Healthcare | 7.23% |
| 4 | Industrials | 6.23% |
| 5 | Consumer Discretionary | 5.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1901
BlackRock Enhanced International Dividend Trust
BGY
$526M
| $7.62M | ﹤0.01% |
1,366,401
+26,599
| +2% | +$144K |
|
1902
United States Natural Gas Fund
UNG
$455M
| $7.62M | ﹤0.01% |
437,305
-37,879
| -8% | -$651K |
|
1903
WisdomTree US MidCap Fund
EZM
$956M
| $7.58M | ﹤0.01% |
131,179
-532
| -0.4% | -$31.1K |
|
1904
Fortis
FTS
$28.8B
| $7.57M | ﹤0.01% |
194,987
+28,930
| +17% | +$1.14M |
|
1905
EXL Service
EXLS
$5.11B
| $7.57M | ﹤0.01% |
241,486
-1,006
| -0.4% | -$30.2K |
|
1906
ENI
E
$76.5B
| $7.55M | ﹤0.01% |
245,284
+3,787
| +2% | +$120K |
|
1907
Nuveen Taxable Municipal Income Fund
NBB
$450M
| $7.55M | ﹤0.01% |
486,871
-7,417
| -2% | -$111K |
|
1908
RB Global
RBA
$17.8B
| $7.55M | ﹤0.01% |
98,832
-18,751
| -16% | -$1.41M |
|
1909
FB Financial Corp
FBK
$3.09B
| $7.53M | ﹤0.01% |
193,055
-2,407
| -1% | -$89.2K |
|
1910
Paylocity
PCTY
$7.91B
| $7.53M | ﹤0.01% |
57,084
-6,110
| -10% | -$946K |
|
1911
Power Integrations
POWI
$3.45B
| $7.44M | ﹤0.01% |
105,994
-1,684
| -2% | -$121K |
|
1912
Pembina Pipeline
PBA
$27.4B
| $7.42M | ﹤0.01% |
200,033
+8,720
| +5% | +$315K |
|
|
GMS
1913
DELISTED
GMS Inc
GMS
| $7.41M | ﹤0.01% |
91,956
+302
| +0.3% | +$27.9K |
|
|
PML
1914
PIMCO Municipal Income Fund II
PML
$485M
| $7.41M | ﹤0.01% |
868,921
+290,972
| +50% | +$2.45M |
|
1915
Rambus
RMBS
$10.6B
| $7.41M | ﹤0.01% |
126,049
-2,438
| -2% | -$139K |
|
1916
Fidelity MSCI Financials Index ETF
FNCL
$2.42B
| $7.39M | ﹤0.01% |
127,578
-2,441
| -2% | -$141K |
|
1917
PUT
Rivian
RIVN
$22.5B
| $7.39M | ﹤0.01% |
+550,300
| New | +$5.75M |
|
1918
Invesco Dividend Achievers ETF
PFM
$805M
| $7.38M | ﹤0.01% |
173,026
+1,097
| +0.6% | +$46.1K |
|
1919
iShares Core Moderate Allocation ETF
AOM
$1.77B
| $7.37M | ﹤0.01% |
171,364
-57,723
| -25% | -$2.44M |
|
1920
Tortoise North American Pipeline ETF
TPYP
$851M
| $7.36M | ﹤0.01% |
255,328
-22,672
| -8% | -$637K |
|
1921
Crown Holdings
CCK
$13.3B
| $7.35M | ﹤0.01% |
98,788
-60,558
| -38% | -$4.88M |
|
1922
AAR Corp
AIR
$5.86B
| $7.34M | ﹤0.01% |
101,013
+8,088
| +9% | +$548K |
|
|
IGR
1923
CBRE Global Real Estate Income Fund
IGR
$710M
| $7.33M | ﹤0.01% |
1,455,224
-365,924
| -20% | -$1.84M |
|
1924
Deutsche Bank
DB
$71.5B
| $7.33M | ﹤0.01% |
459,843
+445,673
| +3,145% | +$7.29M |
|
1925
PUT
Newmont
NEM
$110B
| $7.33M | ﹤0.01% |
+175,000
| New | +$7.16M |
|
Similar funds
Wells Fargo's Q2 2024 Portfolio in Review
As of Q2 2024, Wells Fargo held 7,784 positions worth $412B, down 0.64% from $415B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Wells Fargo's Q2 2024 filing shows 385 new, 3,309 increased, 2,368 reduced and 948 closed positions. Its largest new stake was NextEra Energy 7.299% Corporate Units: 1,487,927 shares worth $73.6M. The largest sale was Air Products & Chemicals, an estimated $425M.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 14% a quarter earlier, followed by Financials and Healthcare.
- Wells Fargo's largest Q2 2024 buy was NextEra Energy 7.299% Corporate Units: 1,487,927 shares worth $73.6M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q2 2024, an estimated $506M increase.
- Wells Fargo's biggest Q2 2024 reduction was Air Products & Chemicals, cutting an estimated $425M.
- Wells Fargo fully exited Pioneer Natural Resource Co. in Q2 2024, selling an estimated $88.9M.
- Wells Fargo's ten largest holdings make up 19% of its $412B portfolio in Q2 2024.
- Wells Fargo opened 385 new positions and closed 948 in Q2 2024.
- Wells Fargo's portfolio value fell 0.64% quarter-over-quarter to $412B.
Based on Wells Fargo's 13F filing for Q2 2024, filed 13 Aug 2024.