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 |
iShares Core MSCI EAFE ETF
IEFA
|
+$731M |
| 2 |
Amazon
AMZN
|
+$442M |
| 3 |
S&P Global
SPGI
|
+$385M |
| 4 |
ARK Innovation ETF
ARKK
|
+$253M |
| 5 |
UnitedHealth
UNH
|
+$245M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.71B |
| 2 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$1.05B |
| 3 |
Apple
AAPL
|
+$629M |
| 4 |
US Bancorp
USB
|
+$575M |
| 5 |
Microsoft
MSFT
|
+$443M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.15% |
| 2 | Healthcare | 8.09% |
| 3 | Financials | 7.18% |
| 4 | Industrials | 6.24% |
| 5 | Consumer Discretionary | 5.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1926
Scotiabank
BNS
$108B
| $6.04M | ﹤0.01% |
134,527
+16,086
| +14% | +$771K |
|
1927
PUT
Quanta Services
PWR
$101B
| $6.02M | ﹤0.01% |
+32,200
| New | +$6.46M |
|
1928
Oaktree Specialty Lending
OCSL
$1.14B
| $6M | ﹤0.01% |
298,410
+37,832
| +15% | +$756K |
|
|
X
1929
DELISTED
US Steel
X
| $5.98M | ﹤0.01% |
184,064
-61,295
| -25% | -$1.72M |
|
1930
CNX Resources
CNX
$5.2B
| $5.98M | ﹤0.01% |
264,651
-37,312
| -12% | -$773K |
|
1931
FNB Corp
FNB
$6.75B
| $5.98M | ﹤0.01% |
553,756
-25,922
| -4% | -$305K |
|
1932
HealthEquity
HQY
$8.75B
| $5.94M | ﹤0.01% |
81,255
+52
| +0.1% | +$3.51K |
|
1933
United States 12 Month Oil Fund,
USL
$43.3M
| $5.94M | ﹤0.01% |
148,019
-6,397
| -4% | -$239K |
|
1934
Inspire Medical Systems
INSP
$1.74B
| $5.93M | ﹤0.01% |
29,878
+14,895
| +99% | +$3.76M |
|
1935
Franklin US Large Cap Multifactor Index ETF
FLQL
$2.11B
| $5.93M | ﹤0.01% |
137,648
-21,274
| -13% | -$950K |
|
1936
iShares S&P India Nifty 50 Index Fund
INDY
$569M
| $5.93M | ﹤0.01% |
131,183
+45,543
| +53% | +$2.07M |
|
|
MPT
1937
Medical Properties Trust
MPT
$2.81B
| $5.92M | ﹤0.01% |
1,087,068
-431,446
| -28% | -$3.46M |
|
|
APLS
1938
DELISTED
Apellis Pharmaceuticals
APLS
| $5.92M | ﹤0.01% |
155,707
+63,512
| +69% | +$2.79M |
|
|
AIF
1939
DELISTED
Apollo Tactical Income Fund Inc.
AIF
| $5.92M | ﹤0.01% |
442,621
-42,245
| -9% | -$550K |
|
1940
Oceaneering
OII
$4.77B
| $5.92M | ﹤0.01% |
230,027
-41,929
| -15% | -$958K |
|
1941
NetEase
NTES
$84.7B
| $5.91M | ﹤0.01% |
59,036
+4,181
| +8% | +$429K |
|
|
IGR
1942
CBRE Global Real Estate Income Fund
IGR
$713M
| $5.91M | ﹤0.01% |
1,313,126
-146,461
| -10% | -$759K |
|
|
AWF
1943
AllianceBernstein Global High Income Fund
AWF
$872M
| $5.9M | ﹤0.01% |
608,398
+9,780
| +2% | +$96.4K |
|
|
FL
1944
DELISTED
Foot Locker
FL
| $5.9M | ﹤0.01% |
339,974
-362
| -0.1% | -$8.1K |
|
|
ETRN
1945
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $5.9M | ﹤0.01% |
629,463
-106,013
| -14% | -$1.01M |
|
|
DNB
1946
DELISTED
Dun & Bradstreet
DNB
| $5.89M | ﹤0.01% |
589,187
+260,054
| +79% | +$2.87M |
|
1947
First Merchants
FRME
$2.67B
| $5.87M | ﹤0.01% |
210,877
+2,316
| +1% | +$69.4K |
|
|
MEGI
1948
MainStay CBRE Global Infrastructure Megatrends Term Fund
MEGI
$792M
| $5.86M | ﹤0.01% |
497,089
+173,092
| +53% | +$2.3M |
|
1949
John Hancock Multifactor Developed International ETF
JHMD
$992M
| $5.85M | ﹤0.01% |
195,507
+5,922
| +3% | +$183K |
|
1950
PUT
Ares Capital
ARCC
$14.4B
| $5.84M | ﹤0.01% |
300,000
| – | – |
|
Similar funds
Wells Fargo's Q3 2023 Portfolio in Review
As of Q3 2023, Wells Fargo held 7,828 positions worth $341B, down 5.8% from $362B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Wells Fargo's Q3 2023 filing shows 318 new, 2,125 increased, 4,030 reduced and 353 closed positions. Its largest new stake was TKO Group: 129,045 shares worth $10.8M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $3.71B.
By sector, the portfolio is most concentrated in Technology at 14% of assets, down from 15% a quarter earlier, followed by Healthcare and Financials.
- Wells Fargo's largest Q3 2023 buy was TKO Group: 129,045 shares worth $10.8M.
- Wells Fargo added most to iShares Core MSCI EAFE ETF in Q3 2023, an estimated $731M increase.
- Wells Fargo's biggest Q3 2023 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $3.71B.
- Wells Fargo fully exited PG&E Corporation in Q3 2023, selling an estimated $86.2M.
- Wells Fargo's ten largest holdings make up 18% of its $341B portfolio in Q3 2023.
- Wells Fargo opened 318 new positions and closed 353 in Q3 2023.
- Wells Fargo's portfolio value fell 5.8% quarter-over-quarter to $341B.
Based on Wells Fargo's 13F filing for Q3 2023, filed 13 Nov 2023.