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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$723M |
| 2 |
iShares Core S&P Total US Stock Market ETF
ITOT
|
+$697M |
| 3 |
iShares 0-1 Year Treasury Bond ETF
SHV
|
+$569M |
| 4 |
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
|
+$271M |
| 5 |
Amgen
AMGN
|
+$268M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Russell 2000 ETF
IWM
|
+$623M |
| 2 |
Vanguard Real Estate ETF
VNQ
|
+$274M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$272M |
| 4 |
ULTI
Ultimate Software Group Inc
ULTI
|
+$215M |
| 5 |
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
|
+$208M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 12.16% |
| 2 | Healthcare | 9.19% |
| 3 | Financials | 8.72% |
| 4 | Industrials | 8.54% |
| 5 | Consumer Discretionary | 7.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
Ameren
AEE
$30.4B
| $317M | 0.09% |
4,304,284
-5,085
| -0.1% | -$354K |
|
202
SLB Ltd
SLB
$72.7B
| $316M | 0.09% |
7,243,153
+604,484
| +9% | +$26.1M |
|
203
iShares 7-10 Year Treasury Bond ETF
IEF
$47.2B
| $315M | 0.09% |
2,955,730
+487,293
| +20% | +$51M |
|
204
CSX Corp
CSX
$94B
| $315M | 0.09% |
12,612,312
+349,605
| +3% | +$8.09M |
|
205
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.6B
| $314M | 0.09% |
5,596,868
-811,077
| -13% | -$43.4M |
|
|
MLPI
206
DELISTED
UBS E-TRACS Alerian MLP Infrastructure ETN
MLPI
| $314M | 0.09% |
13,807,914
+981,215
| +8% | +$21.6M |
|
207
Estee Lauder
EL
$30.4B
| $311M | 0.09% |
1,877,432
-331,252
| -15% | -$48.6M |
|
208
State Street Energy Select Sector SPDR ETF
XLE
$39B
| $310M | 0.09% |
9,368,192
-589,798
| -6% | -$18.9M |
|
209
Cummins
CMI
$83.6B
| $309M | 0.09% |
1,957,135
+64,883
| +3% | +$9.73M |
|
210
iShares Floating Rate Bond ETF
FLOT
$10.2B
| $307M | 0.09% |
6,025,635
-921,480
| -13% | -$46.7M |
|
211
Arch Capital
ACGL
$35.7B
| $301M | 0.09% |
9,315,628
-909,919
| -9% | -$27.7M |
|
212
iShares National Muni Bond ETF
MUB
$45.2B
| $301M | 0.09% |
2,707,302
+146,789
| +6% | +$16.1M |
|
213
Molson Coors Class B
TAP
$8.02B
| $297M | 0.09% |
4,972,428
+46,118
| +0.9% | +$2.85M |
|
214
Dover
DOV
$26.7B
| $296M | 0.09% |
3,154,820
+18,983
| +0.6% | +$1.64M |
|
215
Ulta Beauty
ULTA
$21.8B
| $296M | 0.09% |
848,068
+75,459
| +10% | +$22.8M |
|
216
S&P Global
SPGI
$124B
| $296M | 0.09% |
1,404,455
-138,118
| -9% | -$26.7M |
|
|
KSU
217
DELISTED
Kansas City Southern
KSU
| $294M | 0.09% |
2,534,680
-146,953
| -5% | -$15.9M |
|
218
Celanese
CE
$4.82B
| $293M | 0.09% |
2,967,489
+146,569
| +5% | +$14.4M |
|
219
Jacobs Solutions
J
$16B
| $292M | 0.09% |
4,689,110
-172,970
| -4% | -$9.74M |
|
|
MXIM
220
DELISTED
Maxim Integrated Products
MXIM
| $291M | 0.09% |
5,465,866
-1,579,010
| -22% | -$84.9M |
|
221
Vertex Pharmaceuticals
VRTX
$123B
| $290M | 0.09% |
1,577,416
-332,587
| -17% | -$61.4M |
|
222
Invesco Preferred ETF
PGX
$3.79B
| $290M | 0.09% |
19,998,368
-2,915,822
| -13% | -$41.5M |
|
223
iShares 1-3 Year Treasury Bond ETF
SHY
$25.4B
| $290M | 0.09% |
3,443,777
-166,075
| -5% | -$13.9M |
|
224
Raymond James Financial
RJF
$33.5B
| $285M | 0.08% |
5,315,202
-977,256
| -16% | -$52.3M |
|
225
Ross Stores
ROST
$80.8B
| $285M | 0.08% |
3,056,959
+54,550
| +2% | +$5.01M |
|
Similar funds
Wells Fargo's Q1 2019 Portfolio in Review
As of Q1 2019, Wells Fargo held 6,865 positions worth $336B, up 12% from $301B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Wells Fargo withdrew a net $11B in Q1 2019, closing 567 positions and reducing 2,478 holdings. Its most notable exit was Twenty-First Century Fox, Inc. Class A, an estimated $110M position sold in full.
By sector, the portfolio is most concentrated in Technology at 12% of assets, up from 12% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Wells Fargo opened a new position in Fox Class A worth $28.8M.
- Wells Fargo's largest Q1 2019 buy was Fox Class A: 783,516 shares worth $28.8M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q1 2019, an estimated $723M increase.
- Wells Fargo's biggest Q1 2019 reduction was iShares Russell 2000 ETF, cutting an estimated $623M.
- Wells Fargo fully exited Twenty-First Century Fox, Inc. Class A in Q1 2019, selling an estimated $110M.
- Wells Fargo's ten largest holdings make up 14% of its $336B portfolio in Q1 2019.
- Wells Fargo opened 282 new positions and closed 567 in Q1 2019.
- Wells Fargo's portfolio value rose 12% quarter-over-quarter to $336B.
Based on Wells Fargo's 13F filing for Q1 2019, filed 10 May 2019.