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 | |
|---|---|---|---|---|---|---|
1951
State Street SPDR S&P Emerging Markets Dividend ETF
EDIV
$1.22B
| $5.62M | ﹤0.01% |
216,818
-28,845
| -12% | -$796K |
|
1952
US Foods
USFD
$23.4B
| $5.61M | ﹤0.01% |
182,789
-24,717
| -12% | -$836K |
|
1953
Invesco S&P Global Water Index ETF
CGW
$1.08B
| $5.6M | ﹤0.01% |
126,985
-41,102
| -24% | -$1.96M |
|
1954
FlexShares iBoxx 5-Year Target Duration TIPS Index Fund
TDTF
$1.04B
| $5.59M | ﹤0.01% |
221,758
-301,713
| -58% | -$7.86M |
|
1955
Global X Copper Miners ETF NEW
COPX
$7.99B
| $5.58M | ﹤0.01% |
183,557
-11,497
| -6% | -$451K |
|
1956
Range Resources
RRC
$9.03B
| $5.55M | ﹤0.01% |
224,257
+49,632
| +28% | +$1.52M |
|
|
GRFS
1957
Grifois
GRFS
$5.32B
| $5.55M | ﹤0.01% |
467,099
+13,730
| +3% | +$164K |
|
1958
Qualys
QLYS
$6.25B
| $5.54M | ﹤0.01% |
43,958
-40,252
| -48% | -$5.27M |
|
1959
CALL
BHP
BHP
$225B
| $5.54M | ﹤0.01% |
+98,600
| New | +$6.12M |
|
1960
ENI
E
$78.4B
| $5.54M | ﹤0.01% |
232,525
+15,952
| +7% | +$455K |
|
1961
Rithm Capital
RITM
$5.56B
| $5.54M | ﹤0.01% |
593,960
-224,896
| -27% | -$2.36M |
|
1962
Federal Agricultural Mortgage
AGM
$2.57B
| $5.53M | ﹤0.01% |
56,667
-5,058
| -8% | -$520K |
|
1963
State Street SPDR Bloomberg International Treasury Bond ETF
BWX
$1.31B
| $5.53M | ﹤0.01% |
238,910
-86,565
| -27% | -$2.09M |
|
|
UNIT
1964
Uniti Group
UNIT
$2.46B
| $5.53M | ﹤0.01% |
586,539
-37,536
| -6% | -$434K |
|
1965
Penumbra
PEN
$12.8B
| $5.52M | ﹤0.01% |
44,341
-5,675
| -11% | -$900K |
|
|
AWP
1966
abrdn Global Premier Properties Fund
AWP
$367M
| $5.52M | ﹤0.01% |
374,709
+25,354
| +7% | +$415K |
|
1967
PUT
Devon Energy
DVN
$49.6B
| $5.51M | ﹤0.01% |
100,000
-160,000
| -62% | -$10.4M |
|
1968
Onto Innovation
ONTO
$13.5B
| $5.5M | ﹤0.01% |
78,934
-37,000
| -32% | -$2.74M |
|
1969
ZIM Integrated Shipping Services
ZIM
$3.24B
| $5.5M | ﹤0.01% |
116,453
+32,256
| +38% | +$1.89M |
|
1970
Goldman Sachs Equal Weight US Large Cap Equity ETF
GSEW
$1.94B
| $5.48M | ﹤0.01% |
98,707
-38,725
| -28% | -$2.36M |
|
1971
Gentherm
THRM
$1.24B
| $5.48M | ﹤0.01% |
87,807
-27,774
| -24% | -$1.87M |
|
1972
Dutch Bros
BROS
$7.37B
| $5.46M | ﹤0.01% |
172,642
+116,250
| +206% | +$4.77M |
|
1973
CALL
Dow Inc
DOW
$22.2B
| $5.46M | ﹤0.01% |
+105,800
| New | +$6.78M |
|
1974
Invesco S&P SmallCap Information Technology ETF
PSCT
$514M
| $5.45M | ﹤0.01% |
141,114
-15,351
| -10% | -$635K |
|
1975
Emergent Biosolutions
EBS
$277M
| $5.45M | ﹤0.01% |
175,610
-113,540
| -39% | -$3.88M |
|
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.