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 | |
|---|---|---|---|---|---|---|
|
BNY
201
Bank of New York Mellon
BNY
$103B
| $447M | 0.1% |
8,731,451
-740,995
| -8% | -$37.1M |
|
202
Crown Castle
CCI
$34.6B
| $446M | 0.1% |
2,287,885
-272,467
| -11% | -$51M |
|
203
Kimberly-Clark
KMB
$37.6B
| $445M | 0.1% |
3,327,914
-314,317
| -9% | -$41.9M |
|
204
Arch Capital
ACGL
$35.7B
| $445M | 0.1% |
11,422,806
-39,140
| -0.3% | -$1.55M |
|
205
Fidelity National Information Services
FIS
$24.2B
| $444M | 0.1% |
3,131,787
+390,446
| +14% | +$58M |
|
206
FedEx
FDX
$73B
| $444M | 0.1% |
1,486,712
+56,527
| +4% | +$16.8M |
|
207
DexCom
DXCM
$29B
| $440M | 0.1% |
4,125,424
-288,308
| -7% | -$27.7M |
|
208
iShares Preferred and Income Securities ETF
PFF
$13.1B
| $430M | 0.09% |
10,937,670
+519,493
| +5% | +$20.1M |
|
|
XYZ
209
Block Inc
XYZ
$48.9B
| $430M | 0.09% |
1,763,199
-63,906
| -3% | -$14.8M |
|
210
Amdocs
DOX
$6.03B
| $424M | 0.09% |
5,475,779
+35,579
| +0.7% | +$2.75M |
|
211
Microchip Technology
MCHP
$38.8B
| $420M | 0.09% |
5,609,376
-345,668
| -6% | -$26.3M |
|
212
iShares Broad USD High Yield Corporate Bond ETF
USHY
$29.2B
| $415M | 0.09% |
9,939,893
-965,607
| -9% | -$39.9M |
|
213
Xcel Energy
XEL
$49.2B
| $408M | 0.09% |
6,195,140
-519,141
| -8% | -$36.1M |
|
214
Intuitive Surgical
ISRG
$127B
| $407M | 0.09% |
1,328,898
-67,047
| -5% | -$18.8M |
|
215
TJX Companies
TJX
$179B
| $404M | 0.09% |
5,993,766
-248,503
| -4% | -$16.9M |
|
216
State Street Energy Select Sector SPDR ETF
XLE
$39B
| $398M | 0.09% |
14,786,112
+439,302
| +3% | +$11.4M |
|
217
iShares National Muni Bond ETF
MUB
$45.2B
| $395M | 0.09% |
3,373,799
+264,178
| +8% | +$30.9M |
|
218
State Street Materials Select Sector SPDR ETF
XLB
$8.72B
| $395M | 0.09% |
9,596,136
+640,234
| +7% | +$27M |
|
219
Aptiv
APTV
$12.3B
| $387M | 0.08% |
2,458,533
-133,402
| -5% | -$19.5M |
|
220
Advanced Micro Devices
AMD
$700B
| $387M | 0.08% |
4,117,599
-187,200
| -4% | -$15.1M |
|
221
AerCap
AER
$23.4B
| $387M | 0.08% |
7,552,368
+244,166
| +3% | +$14.1M |
|
222
Freeport-McMoran
FCX
$86.2B
| $386M | 0.08% |
10,391,957
+1,612,771
| +18% | +$62.8M |
|
|
ATVI
223
DELISTED
Activision Blizzard
ATVI
| $385M | 0.08% |
4,037,351
-846,182
| -17% | -$80.2M |
|
224
Estee Lauder
EL
$30.4B
| $382M | 0.08% |
1,202,307
-307,247
| -20% | -$93.2M |
|
225
iShares TIPS Bond ETF
TIP
$14.5B
| $381M | 0.08% |
2,975,213
-7,862
| -0.3% | -$999K |
|
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.