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 | |
|---|---|---|---|---|---|---|
176
Advanced Micro Devices
AMD
$776B
| $404M | 0.12% |
3,929,557
-2,085
| -0.1% | -$226K |
|
177
Morgan Stanley
MS
$331B
| $402M | 0.12% |
4,924,579
+96,751
| +2% | +$8.4M |
|
178
JPMorgan Ultra-Short Income ETF
JPST
$40.1B
| $402M | 0.12% |
8,001,907
-445,423
| -5% | -$22.3M |
|
179
iShares MSCI USA Quality Factor ETF
QUAL
$46.4B
| $394M | 0.12% |
2,989,729
+136,619
| +5% | +$18.7M |
|
180
iShares Gold Trust
IAU
$62.9B
| $389M | 0.11% |
11,129,047
-740,001
| -6% | -$27M |
|
|
181
ARK Innovation ETF
ARKK
$5.66B
| $388M | 0.11% |
9,789,698
+5,731,377
| +141% | +$253M |
|
182
iShares 20+ Year Treasury Bond ETF
TLT
$42.1B
| $388M | 0.11% |
4,371,030
+248,685
| +6% | +$23.9M |
|
183
iShares 0-1 Year Treasury Bond ETF
SHV
$20.8B
| $376M | 0.11% |
3,407,941
+270,329
| +9% | +$29.8M |
|
184
CALL
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$15.9B
| $376M | 0.11% |
5,100,300
+4,450,300
| +685% | +$332M |
|
|
BNY
185
Bank of New York Mellon
BNY
$106B
| $374M | 0.11% |
8,778,233
-260,574
| -3% | -$11.6M |
|
186
Xtrackers USD High Yield Corporate Bond ETF
HYLB
$3.52B
| $373M | 0.11% |
10,994,906
-662,546
| -6% | -$22.7M |
|
187
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.07B
| $371M | 0.11% |
4,103,775
-16,330
| -0.4% | -$1.5M |
|
188
State Street Utilities Select Sector SPDR ETF
XLU
$22.8B
| $365M | 0.11% |
12,373,068
+1,950,812
| +19% | +$62.9M |
|
189
American Electric Power
AEP
$69.6B
| $364M | 0.11% |
4,835,660
-197,898
| -4% | -$16.1M |
|
190
CALL
SPDR Gold Trust
GLD
$131B
| $363M | 0.11% |
2,115,500
+1,895,600
| +862% | +$339M |
|
191
First Trust Rising Dividend Achievers ETF
RDVY
$24.7B
| $362M | 0.11% |
7,875,377
+174,264
| +2% | +$8.33M |
|
192
First Trust Value Line Dividend Fund
FVD
$8.32B
| $362M | 0.11% |
9,669,823
-110,149
| -1% | -$4.35M |
|
193
Intel
INTC
$455B
| $360M | 0.11% |
10,118,727
-958,217
| -9% | -$33.4M |
|
194
Philip Morris
PM
$297B
| $353M | 0.1% |
3,810,439
-327,008
| -8% | -$31.5M |
|
195
State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
SHM
$3.46B
| $346M | 0.1% |
7,494,848
+1,230,984
| +20% | +$57.7M |
|
196
ASML
ASML
$626B
| $346M | 0.1% |
587,574
+28,066
| +5% | +$18.6M |
|
197
Diageo
DEO
$49B
| $346M | 0.1% |
2,316,269
-24,877
| -1% | -$4.17M |
|
198
Intercontinental Exchange
ICE
$85.6B
| $340M | 0.1% |
3,090,753
+73,958
| +2% | +$8.47M |
|
199
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$34.3B
| $335M | 0.1% |
3,279,751
+301,283
| +10% | +$31.8M |
|
|
NVO
200
Novo Nordisk
NVO
$208B
| $334M | 0.1% |
3,676,765
+335,613
| +10% | +$29.6M |
|
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, 2,127 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.