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
|
+$3.29B |
| 2 |
iShares Core MSCI EAFE ETF
IEFA
|
+$1.37B |
| 3 |
Invesco QQQ Trust
QQQ
|
+$642M |
| 4 |
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
|
+$498M |
| 5 |
Nike
NKE
|
+$221M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Morningstar Mid-Cap ETF
VO
|
+$1.24B |
| 2 |
Clorox
CLX
|
+$326M |
| 3 |
Walmart Inc
WMT
|
+$228M |
| 4 |
iShares Russell Mid-Cap ETF
IWR
|
+$152M |
| 5 |
Microsoft
MSFT
|
+$151M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.61% |
| 2 | Healthcare | 8.1% |
| 3 | Financials | 6.84% |
| 4 | Industrials | 6.48% |
| 5 | Consumer Discretionary | 5.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
Morgan Stanley
MS
$330B
| $412M | 0.11% |
4,827,828
-137,992
| -3% | -$11.8M |
|
177
Diageo
DEO
$49.5B
| $406M | 0.11% |
2,341,146
-24,877
| -1% | -$4.44M |
|
178
Pacer US Cash Cows 100 ETF
COWZ
$18.7B
| $406M | 0.11% |
8,482,618
-899,887
| -10% | -$41.8M |
|
179
ASML
ASML
$634B
| $406M | 0.11% |
559,508
+17,582
| +3% | +$12M |
|
180
ConocoPhillips
COP
$145B
| $404M | 0.11% |
3,901,115
+75,564
| +2% | +$7.76M |
|
181
Philip Morris
PM
$299B
| $404M | 0.11% |
4,137,447
+18,261
| +0.4% | +$1.74M |
|
|
BNY
182
Bank of New York Mellon
BNY
$106B
| $402M | 0.11% |
9,038,807
-146,664
| -2% | -$6.29M |
|
183
Xtrackers USD High Yield Corporate Bond ETF
HYLB
$3.52B
| $402M | 0.11% |
11,657,452
-200,506
| -2% | -$6.87M |
|
184
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.3B
| $399M | 0.11% |
5,376,147
-67,842
| -1% | -$5.09M |
|
185
First Trust Value Line Dividend Fund
FVD
$8.33B
| $392M | 0.11% |
9,779,972
+581,211
| +6% | +$23.3M |
|
186
TotalEnergies
TTE
$193B
| $389M | 0.11% |
6,746,681
-159,999
| -2% | -$9.68M |
|
187
iShares MSCI USA Quality Factor ETF
QUAL
$46.3B
| $385M | 0.11% |
2,853,110
+415,684
| +17% | +$52.9M |
|
188
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.07B
| $379M | 0.1% |
4,120,105
-24,028
| -0.6% | -$2.2M |
|
189
CMS Energy
CMS
$22.7B
| $372M | 0.1% |
6,327,495
+82,454
| +1% | +$4.97M |
|
190
Intel
INTC
$460B
| $370M | 0.1% |
11,076,944
-732,683
| -6% | -$23M |
|
191
Kimberly-Clark
KMB
$36.6B
| $368M | 0.1% |
2,664,533
+27,043
| +1% | +$3.76M |
|
192
Stanley Black & Decker
SWK
$14.9B
| $366M | 0.1% |
3,907,056
-98,218
| -2% | -$8.13M |
|
193
First Trust Rising Dividend Achievers ETF
RDVY
$24.7B
| $363M | 0.1% |
7,701,113
-684,591
| -8% | -$31M |
|
194
Dover
DOV
$27.5B
| $351M | 0.1% |
2,373,950
-46,514
| -2% | -$6.65M |
|
195
iShares 0-1 Year Treasury Bond ETF
SHV
$20.8B
| $347M | 0.1% |
3,137,612
-84,084
| -3% | -$9.27M |
|
196
Citigroup
C
$222B
| $345M | 0.1% |
7,500,500
-327,306
| -4% | -$15.3M |
|
197
iShares MSCI USA Min Vol Factor ETF
USMV
$23.5B
| $344M | 0.1% |
4,631,102
-329,835
| -7% | -$24.1M |
|
198
Intercontinental Exchange
ICE
$88.4B
| $341M | 0.09% |
3,016,795
+13,396
| +0.4% | +$1.45M |
|
199
State Street Utilities Select Sector SPDR ETF
XLU
$23B
| $341M | 0.09% |
10,422,256
+291,362
| +3% | +$9.81M |
|
200
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$45.5B
| $341M | 0.09% |
990,989
-144,358
| -13% | -$48.6M |
|
Similar funds
Wells Fargo's Q2 2023 Portfolio in Review
As of Q2 2023, Wells Fargo held 7,830 positions worth $362B, up 4.4% from $347B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Wells Fargo's Q2 2023 filing shows 390 new, 3,912 increased, 2,324 reduced and 274 closed positions. Its largest new stake was State Street SPDR US Large Cap Low Volatility Index ETF: 257,436 shares worth $36.2M. The largest sale was Vanguard Morningstar Mid-Cap ETF, an estimated $1.24B.
By sector, the portfolio is most concentrated in Technology at 15% of assets, up from 14% a quarter earlier, followed by Healthcare and Financials.
- Wells Fargo's largest Q2 2023 buy was State Street SPDR US Large Cap Low Volatility Index ETF: 257,436 shares worth $36.2M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q2 2023, an estimated $3.29B increase.
- Wells Fargo's biggest Q2 2023 reduction was Vanguard Morningstar Mid-Cap ETF, cutting an estimated $1.24B.
- Wells Fargo fully exited ABB Ltd in Q2 2023, selling an estimated $67.4M.
- Wells Fargo's ten largest holdings make up 18% of its $362B portfolio in Q2 2023.
- Wells Fargo opened 390 new positions and closed 274 in Q2 2023.
- Wells Fargo's portfolio value rose 4.4% quarter-over-quarter to $362B.
Based on Wells Fargo's 13F filing for Q2 2023, filed 15 Aug 2023.