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
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1B |
| 2 |
Microsoft
MSFT
|
+$878M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$748M |
| 4 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$647M |
| 5 |
Amazon
AMZN
|
+$436M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.09% |
| 2 | Healthcare | 9.01% |
| 3 | Financials | 7.29% |
| 4 | Industrials | 6.45% |
| 5 | Consumer Discretionary | 5.37% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2176
AtriCure
ATRC
$2.01B
| $4.04M | ﹤0.01% |
98,747
-52,649
| -35% | -$2.49M |
|
2177
iShares Global Financials ETF
IXG
$686M
| $4.02M | ﹤0.01% |
61,205
-37,175
| -38% | -$2.69M |
|
2178
Superior Group of Companies
SGC
$225M
| $4.01M | ﹤0.01% |
226,195
+23,636
| +12% | +$406K |
|
2179
Southwest Gas
SWX
$6.69B
| $4.01M | ﹤0.01% |
46,057
-8,028
| -15% | -$708K |
|
|
JWN
2180
PUT
DELISTED
Nordstrom
JWN
| $4.01M | ﹤0.01% |
189,700
| – | – |
|
2181
Vornado Realty Trust
VNO
$7.27B
| $4M | ﹤0.01% |
140,028
-32,636
| -19% | -$1.16M |
|
2182
State Street SPDR S&P Insurance ETF
KIE
$645M
| $4M | ﹤0.01% |
105,534
+22,286
| +27% | +$878K |
|
2183
Nuveen ESG Mid-Cap Value ETF
NUMV
$455M
| $3.99M | ﹤0.01% |
130,205
+23,897
| +22% | +$804K |
|
2184
Old Republic International
ORI
$10.5B
| $3.99M | ﹤0.01% |
178,283
-317,075
| -64% | -$7.34M |
|
2185
La-Z-Boy
LZB
$1.63B
| $3.98M | ﹤0.01% |
167,764
-76,579
| -31% | -$1.97M |
|
|
IBHB
2186
DELISTED
iShares iBonds 2022 Term High Yield and Income ETF
IBHB
| $3.97M | ﹤0.01% |
165,450
-7,549
| -4% | -$181K |
|
|
CHNG
2187
DELISTED
Change Healthcare Inc. Common Stock
CHNG
| $3.97M | ﹤0.01% |
172,199
-46,515
| -21% | -$1.09M |
|
2188
Enovix
ENVX
$929M
| $3.96M | ﹤0.01% |
507,371
+245,459
| +94% | +$2.31M |
|
2189
Donegal Group Class A
DGICA
$725M
| $3.95M | ﹤0.01% |
231,894
-16,395
| -7% | -$246K |
|
2190
Jackson Financial
JXN
$9.03B
| $3.95M | ﹤0.01% |
147,828
-35,887
| -20% | -$1.31M |
|
|
WWE
2191
DELISTED
World Wrestling Entertainment
WWE
| $3.94M | ﹤0.01% |
63,124
-93,126
| -60% | -$5.76M |
|
2192
DT Midstream
DTM
$13.6B
| $3.94M | ﹤0.01% |
80,287
+3,789
| +5% | +$207K |
|
|
AVGOP
2193
DELISTED
Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A
AVGOP
| $3.93M | ﹤0.01% |
2,617
-11,920
| -82% | -$21M |
|
2194
Viper Energy
VNOM
$14.9B
| $3.93M | ﹤0.01% |
147,210
-35,654
| -19% | -$1.08M |
|
2195
Sphere Entertainment
SPHR
$5.54B
| $3.92M | ﹤0.01% |
74,529
-12,553
| -14% | -$848K |
|
2196
Bread Financial
BFH
$4.44B
| $3.92M | ﹤0.01% |
105,730
-47,590
| -31% | -$2.43M |
|
2197
Matador Resources
MTDR
$6.04B
| $3.89M | ﹤0.01% |
83,480
-90,580
| -52% | -$4.92M |
|
2198
ALPS Equal Sector Weight ETF
EQL
$767M
| $3.88M | ﹤0.01% |
124,461
+16,653
| +15% | +$563K |
|
2199
Coty
COTY
$2.39B
| $3.88M | ﹤0.01% |
484,047
-40,797
| -8% | -$306K |
|
|
BNY
2200
DELISTED
BlackRock New York Municipal Income Trust
BNY
| $3.87M | ﹤0.01% |
351,396
+41,562
| +13% | +$470K |
|
Similar funds
Wells Fargo's Q2 2022 Portfolio in Review
As of Q2 2022, Wells Fargo held 8,080 positions worth $323B, down 17% from $390B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Wells Fargo withdrew a net $12.6B in Q2 2022, closing 375 positions and reducing 4,229 holdings. Its most notable exit was People's United Financial Inc, an estimated $250M position sold in full.
By sector, the portfolio is most concentrated in Technology at 13% of assets, down from 15% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Wells Fargo opened a new position in Aspen Technology Inc worth $80.2M.
- Wells Fargo's largest Q2 2022 buy was Aspen Technology Inc: 436,654 shares worth $80.2M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q2 2022, an estimated $2.47B increase.
- Wells Fargo's biggest Q2 2022 reduction was Apple, cutting an estimated $1B.
- Wells Fargo fully exited People's United Financial Inc in Q2 2022, selling an estimated $250M.
- Wells Fargo's ten largest holdings make up 18% of its $323B portfolio in Q2 2022.
- Wells Fargo opened 272 new positions and closed 375 in Q2 2022.
- Wells Fargo's portfolio value fell 17% quarter-over-quarter to $323B.
Based on Wells Fargo's 13F filing for Q2 2022, filed 12 Aug 2022.