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
|
+$713M |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$337M |
| 3 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$336M |
| 4 |
iShares Core Universal USD Bond ETF
IUSB
|
+$246M |
| 5 |
iShares Russell 1000 Value ETF
IWD
|
+$228M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$743M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$686M |
| 3 |
AT&T
T
|
+$615M |
| 4 |
Apple
AAPL
|
+$352M |
| 5 |
State Street Technology Select Sector SPDR ETF
XLK
|
+$339M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 15.42% |
| 2 | Healthcare | 8.91% |
| 3 | Financials | 8.36% |
| 4 | Industrials | 7.84% |
| 5 | Consumer Discretionary | 7.73% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2101
Piper Sandler
PIPR
$5.14B
| $11M | ﹤0.01% |
338,996
-29,520
| -8% | -$904K |
|
2102
iShares JPMorgan EM Local Currency Bond ETF
LEMB
$721M
| $11M | ﹤0.01% |
251,244
+54,137
| +27% | +$2.37M |
|
2103
State Street SPDR Portfolio TIPS ETF
SPIP
$1B
| $11M | ﹤0.01% |
351,642
+49,745
| +16% | +$1.54M |
|
2104
Kayne Anderson Energy Infrastructure Fund
KYN
$2.38B
| $10.9M | ﹤0.01% |
1,229,234
-59,421
| -5% | -$477K |
|
2105
Liberty Global Class A
LBTYA
$3.61B
| $10.9M | ﹤0.01% |
402,258
-270,969
| -40% | -$7.31M |
|
2106
iShares Core MSCI Europe ETF
IEUR
$9.09B
| $10.9M | ﹤0.01% |
190,604
-20,986
| -10% | -$1.21M |
|
2107
American Financial Group
AFG
$12.2B
| $10.9M | ﹤0.01% |
87,463
-39,838
| -31% | -$4.98M |
|
2108
Kaiser Aluminum
KALU
$2.91B
| $10.9M | ﹤0.01% |
88,336
-28,943
| -25% | -$3.61M |
|
|
AQNU
2109
DELISTED
Algonquin Power & Utilities Corp Units
AQNU
| $10.9M | ﹤0.01% |
+219,480
| New | +$10.9M |
|
|
BTO
2110
John Hancock Financial Opportunities Fund
BTO
$808M
| $10.9M | ﹤0.01% |
289,635
+33,474
| +13% | +$1.33M |
|
2111
NN Inc
NNBR
$301M
| $10.9M | ﹤0.01% |
1,478,783
-243,710
| -14% | -$1.83M |
|
2112
EXL Service
EXLS
$5.11B
| $10.9M | ﹤0.01% |
510,940
-161,075
| -24% | -$3.2M |
|
|
NQP
2113
DELISTED
Nuveen Pennsylvania Quality Municipal Income Fund
NQP
| $10.8M | ﹤0.01% |
717,981
-180,408
| -20% | -$2.65M |
|
2114
State Street SPDR Portfolio Mortgage Backed Bond ETF
SPMB
$7B
| $10.8M | ﹤0.01% |
419,132
-189,508
| -31% | -$4.91M |
|
2115
PUT
Ciena
CIEN
$57.9B
| $10.8M | ﹤0.01% |
+190,000
| New | +$10.5M |
|
2116
Kimco Realty
KIM
$16.8B
| $10.8M | ﹤0.01% |
518,030
-6,669
| -1% | -$138K |
|
2117
AtriCure
ATRC
$2B
| $10.8M | ﹤0.01% |
136,148
-29,522
| -18% | -$2.15M |
|
2118
SSR Mining
SSRM
$6.02B
| $10.8M | ﹤0.01% |
691,418
+298,667
| +76% | +$5.02M |
|
2119
State Street SPDR Bloomberg International Treasury Bond ETF
BWX
$1.31B
| $10.8M | ﹤0.01% |
367,523
-63,141
| -15% | -$1.88M |
|
2120
Brookfield Infrastructure Partners
BIP
$18.2B
| $10.8M | ﹤0.01% |
291,051
+4,077
| +1% | +$147K |
|
2121
First Trust Multi Cap Value AlphaDEX Fund
FAB
$170M
| $10.8M | ﹤0.01% |
151,380
+68,655
| +83% | +$4.94M |
|
2122
Axos Financial
AX
$5.89B
| $10.7M | ﹤0.01% |
231,606
-51,284
| -18% | -$2.4M |
|
2123
Chesapeake Utilities
CPK
$3.21B
| $10.7M | ﹤0.01% |
89,163
-29,731
| -25% | -$3.52M |
|
2124
Lumentum
LITE
$64.3B
| $10.7M | ﹤0.01% |
130,498
-77,977
| -37% | -$6.56M |
|
2125
Conduent
CNDT
$267M
| $10.6M | ﹤0.01% |
1,418,501
-197,082
| -12% | -$1.44M |
|
Similar funds
Wells Fargo's Q2 2021 Portfolio in Review
As of Q2 2021, Wells Fargo held 7,974 positions worth $456B, up 2.8% from $444B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Wells Fargo withdrew a net $16.3B in Q2 2021, closing 445 positions and reducing 3,575 holdings. Its most notable exit was Thoma Bravo Advantage, an estimated $55.9M position sold in full.
By sector, the portfolio is most concentrated in Technology at 15% of assets, up from 15% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Wells Fargo opened a new position in Mister Car Wash worth $76.5M.
- Wells Fargo's largest Q2 2021 buy was Mister Car Wash: 3,552,868 shares worth $76.5M.
- Wells Fargo added most to Invesco QQQ Trust in Q2 2021, an estimated $713M increase.
- Wells Fargo's biggest Q2 2021 reduction was Microsoft, cutting an estimated $743M.
- Wells Fargo fully exited Thoma Bravo Advantage in Q2 2021, selling an estimated $55.9M.
- Wells Fargo's ten largest holdings make up 16% of its $456B portfolio in Q2 2021.
- Wells Fargo opened 458 new positions and closed 445 in Q2 2021.
- Wells Fargo's portfolio value rose 2.8% quarter-over-quarter to $456B.
Based on Wells Fargo's 13F filing for Q2 2021, filed 16 Aug 2021.