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
|
+$790M |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$649M |
| 3 |
iShares Core MSCI EAFE ETF
IEFA
|
+$257M |
| 4 |
Amazon
AMZN
|
+$211M |
| 5 |
Vanguard Total Bond Market
BND
|
+$185M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$487M |
| 2 |
Microsoft
MSFT
|
+$287M |
| 3 |
Xtrackers USD High Yield Corporate Bond ETF
HYLB
|
+$162M |
| 4 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$144M |
| 5 |
Donaldson
DCI
|
+$137M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.38% |
| 2 | Healthcare | 7.44% |
| 3 | Financials | 7.25% |
| 4 | Industrials | 6.34% |
| 5 | Consumer Discretionary | 5.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
ASML
ASML
$626B
| $448M | 0.12% |
591,511
+3,937
| +0.7% | +$2.6M |
|
177
CALL
SPDR Gold Trust
GLD
$131B
| $444M | 0.12% |
2,325,100
+209,600
| +10% | +$38.4M |
|
178
Xcel Energy
XEL
$48.8B
| $441M | 0.12% |
7,124,212
-27,838
| -0.4% | -$1.67M |
|
179
iShares S&P Mid-Cap 400 Value ETF
IJJ
$8.83B
| $435M | 0.11% |
3,811,367
-196,261
| -5% | -$20.2M |
|
180
CVS Health
CVS
$133B
| $431M | 0.11% |
5,459,918
-357,448
| -6% | -$25.4M |
|
181
iShares 0-1 Year Treasury Bond ETF
SHV
$20.8B
| $420M | 0.11% |
3,812,911
+404,970
| +12% | +$44.6M |
|
182
First Trust Rising Dividend Achievers ETF
RDVY
$24.7B
| $411M | 0.11% |
7,955,014
+79,637
| +1% | +$3.76M |
|
183
PUT
iShares MSCI Emerging Markets ETF
EEM
$28.8B
| $406M | 0.11% |
10,095,800
+4,207,000
| +71% | +$162M |
|
184
Eversource Energy
ES
$26.9B
| $404M | 0.11% |
6,546,050
-1,352,483
| -17% | -$78M |
|
185
ConocoPhillips
COP
$147B
| $402M | 0.1% |
3,465,478
-92,150
| -3% | -$10.8M |
|
186
Intercontinental Exchange
ICE
$85.6B
| $402M | 0.1% |
3,127,452
+36,699
| +1% | +$4.16M |
|
187
iShares 10-20 Year Treasury Bond ETF
TLH
$10.9B
| $398M | 0.1% |
3,673,520
+1,657,016
| +82% | +$166M |
|
188
Bristol-Myers Squibb
BMY
$133B
| $396M | 0.1% |
7,714,613
-694,611
| -8% | -$36.5M |
|
189
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.07B
| $394M | 0.1% |
4,155,545
+51,770
| +1% | +$4.73M |
|
|
NVO
190
Novo Nordisk
NVO
$208B
| $393M | 0.1% |
3,799,249
+122,484
| +3% | +$12.1M |
|
191
Genuine Parts
GPC
$17.1B
| $390M | 0.1% |
2,812,495
+5,951
| +0.2% | +$816K |
|
192
State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
SHM
$3.46B
| $386M | 0.1% |
8,086,042
+591,194
| +8% | +$27.7M |
|
193
First Trust Value Line Dividend Fund
FVD
$8.32B
| $384M | 0.1% |
9,467,715
-202,108
| -2% | -$7.75M |
|
194
Duke Energy
DUK
$97.8B
| $384M | 0.1% |
3,954,331
+180,393
| +5% | +$16.4M |
|
195
Booking.com
BKNG
$149B
| $380M | 0.1% |
2,681,150
+6,975
| +0.3% | +$870K |
|
196
Stanley Black & Decker
SWK
$14.3B
| $379M | 0.1% |
3,860,747
-10,437
| -0.3% | -$919K |
|
197
American Electric Power
AEP
$69.6B
| $377M | 0.1% |
4,644,988
-190,672
| -4% | -$14.8M |
|
198
Vanguard Tax-Exempt Bond Index Fund
VTEB
$45.1B
| $376M | 0.1% |
7,372,643
+881,663
| +14% | +$43.2M |
|
199
Philip Morris
PM
$297B
| $376M | 0.1% |
3,997,264
+186,825
| +5% | +$17.2M |
|
200
iShares Russell 1000 ETF
IWB
$48.2B
| $374M | 0.1% |
1,427,248
+30,635
| +2% | +$7.5M |
|
Similar funds
Wells Fargo's Q4 2023 Portfolio in Review
As of Q4 2023, Wells Fargo held 7,882 positions worth $383B, up 12% from $341B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Wells Fargo's Q4 2023 filing shows 410 new, 3,687 increased, 2,463 reduced and 394 closed positions. Its largest new stake was FT Vest US Equity Buffer ETF April: 1,231,825 shares worth $43.1M. The largest sale was Invesco QQQ Trust, an estimated $487M.
By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 14% a quarter earlier, followed by Healthcare and Financials.
- Wells Fargo's largest Q4 2023 buy was FT Vest US Equity Buffer ETF April: 1,231,825 shares worth $43.1M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q4 2023, an estimated $790M increase.
- Wells Fargo's biggest Q4 2023 reduction was Invesco QQQ Trust, cutting an estimated $487M.
- Wells Fargo fully exited Activision Blizzard in Q4 2023, selling an estimated $65.2M.
- Wells Fargo's ten largest holdings make up 18% of its $383B portfolio in Q4 2023.
- Wells Fargo opened 410 new positions and closed 394 in Q4 2023.
- Wells Fargo's portfolio value rose 12% quarter-over-quarter to $383B.
Based on Wells Fargo's 13F filing for Q4 2023, filed 9 Feb 2024.