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 | |
|---|---|---|---|---|---|---|
2101
Petrobras
PBR
$116B
| $4.69M | ﹤0.01% |
449,826
-67,775
| -13% | -$737K |
|
|
PAXS
2102
PIMCO Access Income Fund
PAXS
$674M
| $4.68M | ﹤0.01% |
315,020
+198,581
| +171% | +$3.02M |
|
2103
DoorDash
DASH
$93.7B
| $4.68M | ﹤0.01% |
73,589
+3,370
| +5% | +$193K |
|
2104
GitLab
GTLB
$6.58B
| $4.67M | ﹤0.01% |
136,316
+58,335
| +75% | +$2.56M |
|
2105
Virtu Financial
VIRT
$4.93B
| $4.67M | ﹤0.01% |
247,077
+36,565
| +17% | +$703K |
|
2106
FB Financial Corp
FBK
$3.04B
| $4.66M | ﹤0.01% |
150,027
+12,031
| +9% | +$430K |
|
2107
Harley-Davidson
HOG
$2.71B
| $4.66M | ﹤0.01% |
122,757
-2,421
| -2% | -$106K |
|
2108
Oaktree Specialty Lending
OCSL
$1.14B
| $4.65M | ﹤0.01% |
247,533
+6,458
| +3% | +$129K |
|
2109
Ingevity
NGVT
$2.68B
| $4.64M | ﹤0.01% |
64,920
+5,296
| +9% | +$420K |
|
2110
Teck Resources
TECK
$32.6B
| $4.64M | ﹤0.01% |
127,161
+20,045
| +19% | +$796K |
|
2111
Crawford & Co Class A
CRD.A
$669M
| $4.63M | ﹤0.01% |
553,374
+3,824
| +0.7% | +$24.9K |
|
2112
iShares JPMorgan EM High Yield Bond ETF
EMHY
$637M
| $4.62M | ﹤0.01% |
131,072
+89,288
| +214% | +$3.17M |
|
2113
Apple Hospitality REIT
APLE
$3.82B
| $4.62M | ﹤0.01% |
297,471
-47,433
| -14% | -$776K |
|
|
MEGI
2114
MainStay CBRE Global Infrastructure Megatrends Term Fund
MEGI
$792M
| $4.61M | ﹤0.01% |
324,961
-35,290
| -10% | -$510K |
|
|
SDHY
2115
PGIM Short Duration High Yield Opportunities Fund
SDHY
$401M
| $4.61M | ﹤0.01% |
311,352
+23,364
| +8% | +$357K |
|
2116
Inspire Medical Systems
INSP
$1.74B
| $4.61M | ﹤0.01% |
19,708
+5,799
| +42% | +$1.47M |
|
2117
Trustmark
TRMK
$2.75B
| $4.59M | ﹤0.01% |
185,983
+31,554
| +20% | +$932K |
|
2118
Barclays
BCS
$94.1B
| $4.59M | ﹤0.01% |
638,734
-714,838
| -53% | -$5.91M |
|
|
ETRN
2119
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $4.59M | ﹤0.01% |
794,086
+163,114
| +26% | +$1.05M |
|
2120
WillScot Mobile Mini Holdings
WSC
$4.41B
| $4.59M | ﹤0.01% |
97,901
-55,818
| -36% | -$2.69M |
|
|
RMM
2121
RiverNorth Managed Duration Municipal Income Fund
RMM
$290M
| $4.59M | ﹤0.01% |
304,344
+47,322
| +18% | +$734K |
|
2122
Triumph Financial Inc
TFIN
$1.82B
| $4.58M | ﹤0.01% |
78,863
+9,984
| +14% | +$572K |
|
2123
Boise Cascade
BCC
$3.02B
| $4.56M | ﹤0.01% |
72,112
+14,682
| +26% | +$1.02M |
|
2124
Jefferies Financial Group
JEF
$13.1B
| $4.56M | ﹤0.01% |
143,657
-6,101
| -4% | -$220K |
|
2125
NRC Health Common Stock
NRC
$450M
| $4.55M | ﹤0.01% |
104,576
-849
| -0.8% | -$37.5K |
|
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.