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 | |
|---|---|---|---|---|---|---|
1976
JPMorgan US Quality Factor ETF
JQUA
$8.48B
| $6.48M | ﹤0.01% |
135,387
+135,153
| +57,758% | +$6.07M |
|
1977
CALL
Royal Caribbean
RCL
$85.6B
| $6.47M | ﹤0.01% |
+50,000
| New | +$5.1M |
|
1978
Suburban Propane Partners
SPH
$1.18B
| $6.47M | ﹤0.01% |
364,228
+114,933
| +46% | +$1.96M |
|
1979
Qorvo
QRVO
$8.74B
| $6.47M | ﹤0.01% |
57,443
-8,821
| -13% | -$852K |
|
1980
CALL
Cameco
CCJ
$42.4B
| $6.46M | ﹤0.01% |
150,000
-312,500
| -68% | -$13.1M |
|
1981
Fortrea Holdings
FTRE
$1.75B
| $6.46M | ﹤0.01% |
185,107
+23,800
| +15% | +$728K |
|
|
RMM
1982
RiverNorth Managed Duration Municipal Income Fund
RMM
$290M
| $6.45M | ﹤0.01% |
455,018
+88,209
| +24% | +$1.22M |
|
1983
Invesco Biotechnology & Genome ETF
PBE
$292M
| $6.45M | ﹤0.01% |
97,896
+20,160
| +26% | +$1.17M |
|
1984
ALPS International Sector Dividend Dogs ETF
IDOG
$558M
| $6.41M | ﹤0.01% |
214,444
+1,789
| +0.8% | +$50K |
|
1985
iShares Morningstar Mid-Cap ETF
IMCB
$1.7B
| $6.39M | ﹤0.01% |
95,195
-76,521
| -45% | -$4.7M |
|
1986
Invesco Building & Construction ETF
PKB
$453M
| $6.39M | ﹤0.01% |
101,199
-970
| -0.9% | -$52.6K |
|
1987
CALL
Progressive
PGR
$125B
| $6.37M | ﹤0.01% |
40,000
+10,000
| +33% | +$1.57M |
|
1988
Bio-Techne
TECH
$11.3B
| $6.36M | ﹤0.01% |
82,475
+26,005
| +46% | +$1.71M |
|
1989
JPMorgan Limited Duration Bond ETF
JPLD
$3.95B
| $6.36M | ﹤0.01% |
125,603
-48,597
| -28% | -$2.43M |
|
1990
Shift4
FOUR
$3.26B
| $6.35M | ﹤0.01% |
85,366
+520
| +0.6% | +$31K |
|
1991
CALL
State Street Utilities Select Sector SPDR ETF
XLU
$22.5B
| $6.33M | ﹤0.01% |
200,000
-160,000
| -44% | -$4.89M |
|
1992
Hormel Foods
HRL
$13.8B
| $6.33M | ﹤0.01% |
197,177
+35,949
| +22% | +$1.17M |
|
1993
Pembina Pipeline
PBA
$27.6B
| $6.32M | ﹤0.01% |
183,650
-619
| -0.3% | -$19.8K |
|
1994
Global Partners
GLP
$1.7B
| $6.32M | ﹤0.01% |
149,367
+71,961
| +93% | +$2.47M |
|
|
DPG
1995
Duff & Phelps Utility and Infrastructure Fund
DPG
$524M
| $6.32M | ﹤0.01% |
688,916
+86,139
| +14% | +$765K |
|
1996
Invesco Dorsey Wright Developed Markets Momentum ETF
PIZ
$756M
| $6.31M | ﹤0.01% |
198,618
-27,827
| -12% | -$818K |
|
1997
First Trust Multi Cap Value AlphaDEX Fund
FAB
$171M
| $6.29M | ﹤0.01% |
80,665
-37,274
| -32% | -$2.65M |
|
1998
First Trust Dow Jones Select MicroCap Index Fund
FDM
$271M
| $6.28M | ﹤0.01% |
102,355
-249
| -0.2% | -$13.9K |
|
1999
CALL
Lantheus
LNTH
$6.59B
| $6.26M | ﹤0.01% |
+100,900
| New | +$6.84M |
|
|
ETB
2000
Eaton Vance Tax-Managed Buy-Write Income Fund
ETB
$458M
| $6.25M | ﹤0.01% |
481,141
-91,465
| -16% | -$1.16M |
|
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 408 new, 3,686 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 408 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.