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 | |
|---|---|---|---|---|---|---|
176
iShares MSCI Emerging Markets ETF
EEM
$28.8B
| $458M | 0.11% |
11,138,428
-648,010
| -5% | -$25.8M |
|
177
TSMC
TSM
$2.1T
| $455M | 0.11% |
3,345,462
+53,944
| +2% | +$6.7M |
|
178
ConocoPhillips
COP
$147B
| $451M | 0.11% |
3,545,191
+79,713
| +2% | +$9.09M |
|
179
Genuine Parts
GPC
$17.1B
| $449M | 0.11% |
2,898,891
+86,396
| +3% | +$12.6M |
|
180
iShares S&P Mid-Cap 400 Value ETF
IJJ
$8.82B
| $449M | 0.11% |
3,794,766
-16,601
| -0.4% | -$1.87M |
|
181
Parker-Hannifin
PH
$123B
| $447M | 0.11% |
803,463
+173,157
| +27% | +$88M |
|
182
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$45.1B
| $441M | 0.11% |
1,108,354
-121,224
| -10% | -$46.7M |
|
183
Intercontinental Exchange
ICE
$85.6B
| $430M | 0.1% |
3,132,208
+4,756
| +0.2% | +$632K |
|
|
184
Becton Dickinson
BDX
$45.6B
| $421M | 0.1% |
1,702,438
-2,031,469
| -54% | -$486M |
|
185
iShares Russell 1000 ETF
IWB
$48.3B
| $414M | 0.1% |
1,437,637
+10,389
| +0.7% | +$2.85M |
|
186
CVS Health
CVS
$133B
| $411M | 0.1% |
5,158,456
-301,462
| -6% | -$23M |
|
187
Tesla
TSLA
$1.23T
| $408M | 0.1% |
2,322,366
-56,871
| -2% | -$11.1M |
|
188
Booking.com
BKNG
$149B
| $408M | 0.1% |
2,811,500
+130,350
| +5% | +$18.6M |
|
189
Ecolab
ECL
$78.1B
| $406M | 0.1% |
1,759,600
+36,267
| +2% | +$7.69M |
|
190
State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
SHM
$3.46B
| $401M | 0.1% |
8,461,322
+375,280
| +5% | +$17.9M |
|
191
iShares 20+ Year Treasury Bond ETF
TLT
$41.4B
| $400M | 0.1% |
4,230,017
-299,870
| -7% | -$28.4M |
|
192
PNC Financial Services
PNC
$99.7B
| $399M | 0.1% |
2,467,230
+58,231
| +2% | +$8.78M |
|
193
iShares 10-20 Year Treasury Bond ETF
TLH
$10.8B
| $399M | 0.1% |
3,794,978
+121,458
| +3% | +$12.7M |
|
194
American Electric Power
AEP
$69.6B
| $398M | 0.1% |
4,619,804
-25,184
| -0.5% | -$2.05M |
|
195
Applied Materials
AMAT
$403B
| $396M | 0.1% |
1,921,957
+76,873
| +4% | +$14.1M |
|
196
Dover
DOV
$27.6B
| $395M | 0.1% |
2,229,390
-28,668
| -1% | -$4.62M |
|
197
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.07B
| $391M | 0.09% |
4,105,433
-50,112
| -1% | -$4.74M |
|
198
JPMorgan Ultra-Short Income ETF
JPST
$40.4B
| $388M | 0.09% |
7,695,044
+244,614
| +3% | +$12.3M |
|
199
iShares 0-1 Year Treasury Bond ETF
SHV
$20.6B
| $385M | 0.09% |
3,484,870
-328,041
| -9% | -$36.2M |
|
200
Duke Energy
DUK
$97.8B
| $384M | 0.09% |
3,968,232
+13,901
| +0.4% | +$1.32M |
|
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 357 new, 3,869 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 357 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.