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 |
Starbucks
SBUX
|
+$853M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$805M |
| 3 |
Zoetis
ZTS
|
+$650M |
| 4 |
iShares Core US Aggregate Bond ETF
AGG
|
+$391M |
| 5 |
iShares Core Universal USD Bond ETF
IUSB
|
+$177M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.03B |
| 2 |
Amazon
AMZN
|
+$772M |
| 3 |
Becton Dickinson
BDX
|
+$486M |
| 4 |
Medtronic
MDT
|
+$440M |
| 5 |
Vanguard Long-Term Bond ETF
BLV
|
+$373M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.37% |
| 2 | Financials | 7.47% |
| 3 | Healthcare | 7.23% |
| 4 | Industrials | 6.4% |
| 5 | Consumer Discretionary | 5.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1926
Neogen
NEOG
$2.5B
| $7.58M | ﹤0.01% |
480,373
-265,247
| -36% | -$4.44M |
|
1927
Invesco S&P MidCap Low Volatility ETF
XMLV
$748M
| $7.58M | ﹤0.01% |
134,355
-52,093
| -28% | -$2.81M |
|
1928
Nuveen Taxable Municipal Income Fund
NBB
$453M
| $7.57M | ﹤0.01% |
494,288
+9,371
| +2% | +$147K |
|
1929
CALL
Sea Limited
SE
$69.5B
| $7.56M | ﹤0.01% |
140,700
-49,300
| -26% | -$2.27M |
|
1930
Freedom 100 Emerging Markets ETF
FRDM
$3.35B
| $7.55M | ﹤0.01% |
223,711
-670
| -0.3% | -$21.4K |
|
1931
Cirrus Logic
CRUS
$6.26B
| $7.55M | ﹤0.01% |
81,520
+797
| +1% | +$68.8K |
|
1932
SPX Corp
SPXC
$10.8B
| $7.54M | ﹤0.01% |
61,255
-8,866
| -13% | -$963K |
|
1933
Brookdale Senior Living
BKD
$3.4B
| $7.49M | ﹤0.01% |
1,132,886
+18,609
| +2% | +$109K |
|
1934
AGNC Investment
AGNC
$12.9B
| $7.47M | ﹤0.01% |
754,204
+92,281
| +14% | +$890K |
|
1935
First Trust Dorsey Wright International Focus 5 ETF
IFV
$235M
| $7.47M | ﹤0.01% |
373,265
-85,402
| -19% | -$1.66M |
|
1936
MGP Ingredients
MGPI
$375M
| $7.44M | ﹤0.01% |
86,398
+33,126
| +62% | +$2.87M |
|
1937
Cambria Tail Risk ETF
TAIL
$146M
| $7.44M | ﹤0.01% |
613,663
-1,853
| -0.3% | -$23K |
|
1938
CALL
Airbnb
ABNB
$107B
| $7.42M | ﹤0.01% |
45,000
-15,000
| -25% | -$2.27M |
|
1939
iShares CMBS ETF
CMBS
$472M
| $7.42M | ﹤0.01% |
157,592
+11,633
| +8% | +$544K |
|
|
DPG
1940
Duff & Phelps Utility and Infrastructure Fund
DPG
$524M
| $7.41M | ﹤0.01% |
775,295
+86,379
| +13% | +$790K |
|
1941
BlackRock Enhanced International Dividend Trust
BGY
$529M
| $7.41M | ﹤0.01% |
1,339,802
-5,336
| -0.4% | -$28.5K |
|
1942
Nuveen Municipal High Income Opportunity Fund
NMZ
$2.22B
| $7.39M | ﹤0.01% |
699,837
+80,043
| +13% | +$814K |
|
1943
AllianceBernstein
AB
$3.47B
| $7.39M | ﹤0.01% |
212,671
+25,954
| +14% | +$863K |
|
1944
FB Financial Corp
FBK
$3.04B
| $7.36M | ﹤0.01% |
195,462
+7,819
| +4% | +$288K |
|
1945
Graphic Packaging
GPK
$3.58B
| $7.36M | ﹤0.01% |
252,151
+20,901
| +9% | +$547K |
|
1946
Snap
SNAP
$9.01B
| $7.34M | ﹤0.01% |
639,767
+203,807
| +47% | +$2.73M |
|
|
GAP
1947
The Gap Inc
GAP
$7.37B
| $7.34M | ﹤0.01% |
266,464
-65,892
| -20% | -$1.39M |
|
1948
Nuveen Credit Strategies Income Fund
JQC
$711M
| $7.33M | ﹤0.01% |
1,315,876
+856,698
| +187% | +$4.64M |
|
1949
iShares US Oil Equipment & Services ETF
IEZ
$364M
| $7.33M | ﹤0.01% |
309,867
-125,598
| -29% | -$2.68M |
|
1950
Invesco Dividend Achievers ETF
PFM
$808M
| $7.32M | ﹤0.01% |
171,929
+5,633
| +3% | +$231K |
|
Similar funds
Wells Fargo's Q1 2024 Portfolio in Review
As of Q1 2024, Wells Fargo held 7,849 positions worth $415B, up 8.3% from $383B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Wells Fargo's Q1 2024 filing shows 356 new, 3,866 increased, 2,176 reduced and 456 closed positions. Its largest new stake was FT Vest US Equity Buffer ETF July: 970,130 shares worth $43.1M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $1.03B.
By sector, the portfolio is most concentrated in Technology at 14% of assets, down from 14% a quarter earlier, followed by Financials and Healthcare.
- Wells Fargo's largest Q1 2024 buy was FT Vest US Equity Buffer ETF July: 970,130 shares worth $43.1M.
- Wells Fargo added most to Starbucks in Q1 2024, an estimated $853M increase.
- Wells Fargo's biggest Q1 2024 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.03B.
- Wells Fargo fully exited Splunk Inc in Q1 2024, selling an estimated $43.1M.
- Wells Fargo's ten largest holdings make up 19% of its $415B portfolio in Q1 2024.
- Wells Fargo opened 356 new positions and closed 456 in Q1 2024.
- Wells Fargo's portfolio value rose 8.3% quarter-over-quarter to $415B.
Based on Wells Fargo's 13F filing for Q1 2024, filed 10 May 2024.