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 |
Invesco QQQ Trust
QQQ
|
+$503M |
| 2 |
Chevron
CVX
|
+$472M |
| 3 |
Vanguard Long-Term Bond ETF
BLV
|
+$374M |
| 4 |
EOG Resources
EOG
|
+$354M |
| 5 |
ARK Innovation ETF
ARKK
|
+$253M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$5.2B |
| 2 |
M&T Bank
MTB
|
+$313M |
| 3 |
iShares Core 60/40 Balanced Allocation ETF
AOR
|
+$304M |
| 4 |
Apple
AAPL
|
+$197M |
| 5 |
iShares Core 80/20 Aggressive Allocation ETF
AOA
|
+$194M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.55% |
| 2 | Healthcare | 8.23% |
| 3 | Financials | 6.88% |
| 4 | Industrials | 6.54% |
| 5 | Consumer Discretionary | 5.29% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2051
CALL
Spotify
SPOT
$100B
| $5.01M | ﹤0.01% |
+37,500
| New | +$4.29M |
|
2052
Valley National Bancorp
VLY
$8.04B
| $5.01M | ﹤0.01% |
541,887
+69,860
| +15% | +$773K |
|
2053
Invesco NASDAQ Next Gen 100 ETF
QQQJ
$1.18B
| $5M | ﹤0.01% |
196,000
+22,278
| +13% | +$566K |
|
2054
e.l.f. Beauty
ELF
$5.81B
| $4.99M | ﹤0.01% |
60,554
+47,687
| +371% | +$3.21M |
|
2055
Nuveen ESG Mid-Cap Value ETF
NUMV
$458M
| $4.98M | ﹤0.01% |
173,541
+22,310
| +15% | +$677K |
|
2056
iShares MSCI Hong Kong ETF
EWH
$1.22B
| $4.98M | ﹤0.01% |
242,232
+135,812
| +128% | +$2.89M |
|
|
BSMN
2057
DELISTED
Invesco BulletShares 2023 Municipal Bond ETF
BSMN
| $4.98M | ﹤0.01% |
198,240
-19,957
| -9% | -$502K |
|
2058
Fortis
FTS
$28.7B
| $4.96M | ﹤0.01% |
116,919
-1,775
| -1% | -$72.6K |
|
2059
Dillards
DDS
$9.56B
| $4.96M | ﹤0.01% |
16,120
-3,857
| -19% | -$1.37M |
|
2060
Veeco
VECO
$3.23B
| $4.96M | ﹤0.01% |
234,517
+7,537
| +3% | +$155K |
|
2061
State Street SPDR S&P Oil & Gas Equipment & Services ETF
XES
$364M
| $4.93M | ﹤0.01% |
65,546
+26,112
| +66% | +$2.14M |
|
2062
Invesco S&P SmallCap Information Technology ETF
PSCT
$520M
| $4.92M | ﹤0.01% |
112,293
-12,906
| -10% | -$559K |
|
|
EOI
2063
Eaton Vance Enhanced Equity Income Fund
EOI
$826M
| $4.92M | ﹤0.01% |
323,207
+8,138
| +3% | +$127K |
|
|
SRCL
2064
DELISTED
Stericycle Inc
SRCL
| $4.91M | ﹤0.01% |
112,701
+351
| +0.3% | +$17.4K |
|
2065
Sun Life Financial
SLF
$45.4B
| $4.9M | ﹤0.01% |
105,047
-393
| -0.4% | -$18.9K |
|
2066
Belden
BDC
$5.19B
| $4.9M | ﹤0.01% |
56,474
+22,442
| +66% | +$1.86M |
|
2067
Nuveen California Municipal Value Fund
NCA
$302M
| $4.9M | ﹤0.01% |
555,934
-22,097
| -4% | -$194K |
|
|
CEM
2068
DELISTED
ClearBridge MLP and Midstream Fund Inc.
CEM
| $4.89M | ﹤0.01% |
151,164
-20,808
| -12% | -$711K |
|
2069
American States Water
AWR
$3.46B
| $4.89M | ﹤0.01% |
55,039
+9,222
| +20% | +$843K |
|
|
BCPC
2070
Balchem Corp
BCPC
$5.72B
| $4.89M | ﹤0.01% |
38,656
+6,989
| +22% | +$904K |
|
2071
Old Republic International
ORI
$10.4B
| $4.88M | ﹤0.01% |
195,502
+9,498
| +5% | +$239K |
|
2072
CALL
ConocoPhillips
COP
$141B
| $4.88M | ﹤0.01% |
49,200
+48,500
| +6,929% | +$5.31M |
|
|
GAP
2073
The Gap Inc
GAP
$7.37B
| $4.88M | ﹤0.01% |
485,862
+75,460
| +18% | +$919K |
|
|
SCS
2074
DELISTED
Steelcase
SCS
| $4.88M | ﹤0.01% |
579,019
+77,878
| +16% | +$598K |
|
2075
Invesco CurrencyShares Japanese Yen Trust
FXY
$451M
| $4.87M | ﹤0.01% |
69,407
+40,552
| +141% | +$2.86M |
|
Similar funds
Wells Fargo's Q1 2023 Portfolio in Review
As of Q1 2023, Wells Fargo held 7,943 positions worth $347B, up 4.2% from $333B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Wells Fargo's Q1 2023 filing shows 427 new, 3,865 increased, 2,015 reduced and 474 closed positions. Its largest new stake was GE HealthCare: 686,371 shares worth $56.3M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $5.2B.
By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 12% a quarter earlier, followed by Healthcare and Financials.
- Wells Fargo's largest Q1 2023 buy was GE HealthCare: 686,371 shares worth $56.3M.
- Wells Fargo added most to Invesco QQQ Trust in Q1 2023, an estimated $503M increase.
- Wells Fargo's biggest Q1 2023 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $5.2B.
- Wells Fargo fully exited STORE Capital Corporation in Q1 2023, selling an estimated $25.9M.
- Wells Fargo's ten largest holdings make up 17% of its $347B portfolio in Q1 2023.
- Wells Fargo opened 427 new positions and closed 474 in Q1 2023.
- Wells Fargo's portfolio value rose 4.2% quarter-over-quarter to $347B.
Based on Wells Fargo's 13F filing for Q1 2023, filed 12 May 2023.