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 | |
|---|---|---|---|---|---|---|
|
BGH
1926
Barings Global Short Duration High Yield Fund
BGH
$285M
| $5.8M | ﹤0.01% |
445,671
-51,694
| -10% | -$739K |
|
|
PPLT
1927
abrdn Physical Platinum Shares ETF
PPLT
$2.01B
| $5.79M | ﹤0.01% |
696,590
-36,990
| -5% | -$330K |
|
|
SUM
1928
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $5.78M | ﹤0.01% |
252,478
-74,343
| -23% | -$1.97M |
|
1929
QuidelOrtho
QDEL
$1.16B
| $5.78M | ﹤0.01% |
59,463
-18,543
| -24% | -$1.89M |
|
|
AVK
1930
Advent Convertible and Income Fund
AVK
$562M
| $5.78M | ﹤0.01% |
492,292
+19,532
| +4% | +$261K |
|
1931
Global X S&P 500 Catholic Values ETF
CATH
$1.33B
| $5.78M | ﹤0.01% |
125,769
+125,058
| +17,589% | +$6.28M |
|
1932
Maximus
MMS
$3.05B
| $5.74M | ﹤0.01% |
91,887
-245,122
| -73% | -$16.6M |
|
1933
Kinross Gold
KGC
$30.8B
| $5.73M | ﹤0.01% |
1,601,658
+340,815
| +27% | +$1.65M |
|
1934
iShares Currency Hedged MSCI Eurozone ETF
HEZU
$585M
| $5.72M | ﹤0.01% |
182,607
-8,874
| -5% | -$295K |
|
1935
First Trust Nasdaq Oil & Gas ETF
FTXN
$157M
| $5.72M | ﹤0.01% |
244,069
+243,868
| +121,327% | +$6.64M |
|
1936
Enpro
NPO
$7.12B
| $5.71M | ﹤0.01% |
69,717
-9,595
| -12% | -$895K |
|
1937
First Trust Nasdaq Transportation ETF
FTXR
$1.07B
| $5.71M | ﹤0.01% |
225,439
-191,676
| -46% | -$5.39M |
|
1938
Yeti Holdings
YETI
$4.03B
| $5.69M | ﹤0.01% |
131,488
-50,286
| -28% | -$2.44M |
|
1939
PUT
Alibaba
BABA
$304B
| $5.68M | ﹤0.01% |
50,000
-85,100
| -63% | -$8.35M |
|
1940
Dropbox
DBX
$8.09B
| $5.68M | ﹤0.01% |
270,726
-379,295
| -58% | -$8.21M |
|
1941
El Paso Energy Capital Trust I
EP.PRC
$223M
| $5.68M | ﹤0.01% |
122,234
+7,178
| +6% | +$344K |
|
1942
ProShares DJ Brookfield Global Infrastructure ETF
TOLZ
$175M
| $5.66M | ﹤0.01% |
123,079
+5,599
| +5% | +$273K |
|
|
NBXG
1943
Neuberger Next Generation Connectivity Fund Inc
NBXG
$1.19B
| $5.66M | ﹤0.01% |
570,552
+55,256
| +11% | +$622K |
|
|
SNV
1944
DELISTED
Synovus
SNV
| $5.66M | ﹤0.01% |
157,009
-24,614
| -14% | -$1.02M |
|
|
MEGI
1945
MainStay CBRE Global Infrastructure Megatrends Term Fund
MEGI
$789M
| $5.66M | ﹤0.01% |
356,123
+154,506
| +77% | +$2.71M |
|
1946
Invesco Dorsey Wright Developed Markets Momentum ETF
PIZ
$759M
| $5.66M | ﹤0.01% |
204,701
-57,264
| -22% | -$1.75M |
|
|
FNI
1947
DELISTED
First Trust Chindia ETF
FNI
| $5.64M | ﹤0.01% |
138,729
+30,116
| +28% | +$1.15M |
|
1948
State Street SPDR MSCI ACWI ex-US ETF
CWI
$2.84B
| $5.64M | ﹤0.01% |
237,115
+90,175
| +61% | +$2.3M |
|
1949
PUT
WD-40
WDFC
$3.11B
| $5.64M | ﹤0.01% |
28,000
| – | – |
|
1950
Banco Bradesco
BBD
$37.7B
| $5.62M | ﹤0.01% |
1,724,087
-1,019,390
| -37% | -$3.92M |
|
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.