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 | |
|---|---|---|---|---|---|---|
2126
Perion Network
PERI
$386M
| $4.55M | ﹤0.01% |
114,885
+2,924
| +3% | +$97.4K |
|
2127
Cenovus Energy
CVE
$52.1B
| $4.54M | ﹤0.01% |
260,594
-59,486
| -19% | -$1.09M |
|
2128
El Paso Energy Capital Trust I
EP.PRC
$223M
| $4.53M | ﹤0.01% |
98,548
-3,851
| -4% | -$176K |
|
2129
CALL
Bank of America
BAC
$442B
| $4.53M | ﹤0.01% |
158,300
-156,500
| -50% | -$5.17M |
|
2130
B2Gold
BTG
$6.64B
| $4.52M | ﹤0.01% |
1,148,022
+139,533
| +14% | +$519K |
|
2131
APi Group
APG
$18B
| $4.52M | ﹤0.01% |
301,763
+162,357
| +116% | +$2.33M |
|
2132
CALL
Sarepta Therapeutics
SRPT
$1.77B
| $4.52M | ﹤0.01% |
32,800
| – | – |
|
2133
Under Armour
UAA
$2.6B
| $4.51M | ﹤0.01% |
475,481
-126,861
| -21% | -$1.32M |
|
2134
Everest Group
EG
$14.4B
| $4.5M | ﹤0.01% |
12,561
+3,729
| +42% | +$1.34M |
|
|
UMH
2135
UMH Properties
UMH
$1.36B
| $4.5M | ﹤0.01% |
304,034
+4,301
| +1% | +$70.6K |
|
2136
CALL
CSX Corp
CSX
$93.1B
| $4.49M | ﹤0.01% |
+150,000
| New | +$4.61M |
|
|
2137
PUT
CSX Corp
CSX
$93.1B
| $4.49M | ﹤0.01% |
+150,000
| New | +$4.61M |
|
2138
WisdomTree India Earnings Fund ETF
EPI
$2.06B
| $4.49M | ﹤0.01% |
142,378
+29,769
| +26% | +$958K |
|
2139
B&G Foods
BGS
$286M
| $4.47M | ﹤0.01% |
287,947
+103,557
| +56% | +$1.44M |
|
2140
Stem
STEM
$52.7M
| $4.47M | ﹤0.01% |
39,432
+1,373
| +4% | +$233K |
|
2141
Fox Class B
FOX
$23.9B
| $4.47M | ﹤0.01% |
142,800
-11,101
| -7% | -$348K |
|
2142
Invesco S&P SmallCap 600 Pure Value ETF
RZV
$306M
| $4.47M | ﹤0.01% |
49,260
-1,801
| -4% | -$173K |
|
|
HQH
2143
abrdn Healthcare Investors
HQH
$1.32B
| $4.47M | ﹤0.01% |
253,065
-50,767
| -17% | -$923K |
|
2144
USA Compression Partners
USAC
$3.74B
| $4.46M | ﹤0.01% |
210,916
-13,138
| -6% | -$270K |
|
2145
Nuveen Variable Rate Preferred & Income Fund
NPFD
$446M
| $4.46M | ﹤0.01% |
281,336
+1,634
| +0.6% | +$28.9K |
|
2146
Aegon
AEG
$14.1B
| $4.45M | ﹤0.01% |
1,034,560
+592,226
| +134% | +$3M |
|
2147
PUT
Amgen
AMGN
$222B
| $4.45M | ﹤0.01% |
18,400
-17,800
| -49% | -$4.37M |
|
|
UCB
2148
United Community Banks
UCB
$4.28B
| $4.45M | ﹤0.01% |
158,096
+45,812
| +41% | +$1.45M |
|
2149
Invesco Quality Municipal Securities
IQI
$534M
| $4.44M | ﹤0.01% |
445,182
-10,067
| -2% | -$98.7K |
|
2150
State Street SPDR FTSE International Government Inflation-Protected Bond ETF
WIP
$476M
| $4.43M | ﹤0.01% |
102,486
+42,146
| +70% | +$1.78M |
|
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.