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 | |
|---|---|---|---|---|---|---|
201
State Street Communication Services Select Sector SPDR ETF
XLC
$21.9B
| $306M | 0.09% |
5,630,971
-4,337,129
| -44% | -$261M |
|
202
Dover
DOV
$27.5B
| $304M | 0.09% |
2,504,945
-120,248
| -5% | -$16.3M |
|
203
Intercontinental Exchange
ICE
$88.4B
| $296M | 0.09% |
3,144,026
-442,354
| -12% | -$47.3M |
|
204
State Street Utilities Select Sector SPDR ETF
XLU
$23B
| $291M | 0.09% |
8,298,224
+3,179,816
| +62% | +$115M |
|
205
Estee Lauder
EL
$30.7B
| $289M | 0.09% |
1,135,867
-49,859
| -4% | -$12.6M |
|
206
iShares Russell 1000 ETF
IWB
$47.9B
| $288M | 0.09% |
1,386,791
-53,956
| -4% | -$12.2M |
|
207
Realty Income
O
$60.1B
| $287M | 0.09% |
4,207,671
-74,589
| -2% | -$5.12M |
|
208
Fidelity National Information Services
FIS
$23.8B
| $284M | 0.09% |
3,101,649
+163,684
| +6% | +$16.3M |
|
209
TSMC
TSM
$2.09T
| $281M | 0.09% |
3,443,027
-907,198
| -21% | -$83.9M |
|
210
iShares Preferred and Income Securities ETF
PFF
$13.3B
| $277M | 0.09% |
8,420,193
-1,584,890
| -16% | -$53.6M |
|
211
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.3B
| $271M | 0.08% |
3,757,564
+47,444
| +1% | +$3.56M |
|
212
Vanguard Morningstar Mid-Cap Value ETF
VOE
$23.8B
| $270M | 0.08% |
2,087,710
+49,911
| +2% | +$7.06M |
|
213
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$47.1B
| $269M | 0.08% |
2,944,497
+1,804,549
| +158% | +$165M |
|
214
Tractor Supply
TSCO
$15.8B
| $269M | 0.08% |
6,938,840
+1,172,165
| +20% | +$47.7M |
|
215
Vanguard Morningstar Small-Cap Value ETF
VBR
$37.2B
| $267M | 0.08% |
1,781,999
-199,011
| -10% | -$32.6M |
|
216
Dominion Energy
D
$61.3B
| $265M | 0.08% |
3,317,465
-157,364
| -5% | -$13M |
|
217
iShares ESG Aware MSCI USA ETF
ESGU
$17.8B
| $264M | 0.08% |
3,143,866
-121,568
| -4% | -$11.1M |
|
218
Invesco Preferred ETF
PGX
$3.81B
| $263M | 0.08% |
21,287,274
-777,261
| -4% | -$9.77M |
|
219
Pacer US Cash Cows 100 ETF
COWZ
$18.7B
| $262M | 0.08% |
6,084,431
+2,806,649
| +86% | +$135M |
|
220
Suncor Energy
SU
$78.8B
| $259M | 0.08% |
7,375,867
+287,500
| +4% | +$10.5M |
|
221
Ecolab
ECL
$78.6B
| $256M | 0.08% |
1,664,968
-26,283
| -2% | -$4.36M |
|
222
PayPal
PYPL
$49.3B
| $255M | 0.08% |
3,656,625
-1,039,442
| -22% | -$90.2M |
|
223
Sherwin-Williams
SHW
$83.7B
| $255M | 0.08% |
1,139,251
-103,727
| -8% | -$26.6M |
|
224
First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF
LMBS
$6.36B
| $254M | 0.08% |
5,253,930
-266,236
| -5% | -$12.9M |
|
225
Prologis
PLD
$136B
| $253M | 0.08% |
2,148,234
-72,308
| -3% | -$10M |
|
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 271 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.