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
|
+$790M |
| 2 |
Invesco Actively Managed Exch-Traded Commodity Fd Tr Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
PDBC
|
+$525M |
| 3 |
iShares Broad USD High Yield Corporate Bond ETF
USHY
|
+$479M |
| 4 |
W.W. Grainger
GWW
|
+$286M |
| 5 |
ARK Innovation ETF
ARKK
|
+$244M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$493M |
| 2 |
Vanguard FTSE Emerging Markets ETF
VWO
|
+$335M |
| 3 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$314M |
| 4 |
Xtrackers USD High Yield Corporate Bond ETF
HYLB
|
+$275M |
| 5 |
Apple
AAPL
|
+$249M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 12.74% |
| 2 | Healthcare | 8.69% |
| 3 | Financials | 7.28% |
| 4 | Industrials | 6.31% |
| 5 | Consumer Discretionary | 5.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
iShares MSCI USA Quality Factor ETF
QUAL
$46.4B
| $285M | 0.09% |
2,740,848
-70,993
| -3% | -$8.3M |
|
202
iShares 0-1 Year Treasury Bond ETF
SHV
$20.8B
| $283M | 0.09% |
2,571,917
+709,999
| +38% | +$78.1M |
|
203
Intercontinental Exchange
ICE
$85.6B
| $282M | 0.09% |
3,126,053
-17,973
| -0.6% | -$1.8M |
|
204
Netflix
NFLX
$299B
| $281M | 0.09% |
11,953,950
+26,490
| +0.2% | +$588K |
|
205
Dover
DOV
$27.6B
| $281M | 0.09% |
2,413,977
-90,968
| -4% | -$11.6M |
|
|
WBA
206
DELISTED
Walgreens Boots Alliance
WBA
| $277M | 0.09% |
8,814,044
-9,778
| -0.1% | -$362K |
|
207
Oracle
ORCL
$374B
| $275M | 0.09% |
4,495,664
+114,836
| +3% | +$8.41M |
|
208
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.2B
| $269M | 0.09% |
4,035,222
+277,658
| +7% | +$20.3M |
|
209
iShares Russell 1000 ETF
IWB
$48.2B
| $268M | 0.09% |
1,359,428
-27,363
| -2% | -$6M |
|
210
Tractor Supply
TSCO
$16.1B
| $268M | 0.09% |
7,199,170
+260,330
| +4% | +$10.1M |
|
211
Lam Research
LRCX
$367B
| $265M | 0.09% |
7,239,410
-1,488,380
| -17% | -$66.3M |
|
212
ServiceNow
NOW
$115B
| $258M | 0.08% |
3,415,710
-167,930
| -5% | -$15.1M |
|
213
Pacer US Cash Cows 100 ETF
COWZ
$18.8B
| $255M | 0.08% |
6,208,131
+123,700
| +2% | +$5.56M |
|
214
Invesco Preferred ETF
PGX
$3.81B
| $251M | 0.08% |
21,115,975
-171,299
| -0.8% | -$2.16M |
|
215
TE Connectivity
TEL
$59.6B
| $251M | 0.08% |
2,271,741
+113,279
| +5% | +$14.1M |
|
216
State Street Communication Services Select Sector SPDR ETF
XLC
$22.3B
| $250M | 0.08% |
5,228,229
-402,742
| -7% | -$22.2M |
|
217
Unilever
UL
$137B
| $250M | 0.08% |
5,075,328
+226,038
| +5% | +$11.8M |
|
218
Vanguard Morningstar Mid-Cap Value ETF
VOE
$23.7B
| $249M | 0.08% |
2,047,665
-40,045
| -2% | -$5.42M |
|
219
iShares ESG Aware MSCI USA ETF
ESGU
$17.9B
| $249M | 0.08% |
3,131,757
-12,109
| -0.4% | -$1.07M |
|
220
Realty Income
O
$59.6B
| $248M | 0.08% |
4,264,386
+56,715
| +1% | +$3.91M |
|
221
Vanguard Morningstar Small-Cap Value ETF
VBR
$37.1B
| $245M | 0.08% |
1,706,115
-75,884
| -4% | -$12.1M |
|
222
iShares Preferred and Income Securities ETF
PFF
$13.3B
| $244M | 0.08% |
7,712,680
-707,513
| -8% | -$23.7M |
|
|
SCHW
223
Charles Schwab
SCHW
$183B
| $243M | 0.08% |
3,380,634
+94,199
| +3% | +$6.54M |
|
224
Dominion Energy
D
$60.8B
| $243M | 0.08% |
3,514,070
+196,605
| +6% | +$15.9M |
|
225
First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF
LMBS
$6.35B
| $238M | 0.08% |
5,022,073
-231,857
| -4% | -$11.2M |
|
Similar funds
Wells Fargo's Q3 2022 Portfolio in Review
As of Q3 2022, Wells Fargo held 7,985 positions worth $307B, down 5.1% from $323B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Wells Fargo's Q3 2022 filing shows 269 new, 2,582 increased, 3,682 reduced and 345 closed positions. Its largest new stake was Haleon: 3,382,497 shares worth $20.6M. The largest sale was iShares Core MSCI Emerging Markets ETF, an estimated $493M.
By sector, the portfolio is most concentrated in Technology at 13% of assets, down from 13% a quarter earlier, followed by Healthcare and Financials.
- Wells Fargo's largest Q3 2022 buy was Haleon: 3,382,497 shares worth $20.6M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q3 2022, an estimated $790M increase.
- Wells Fargo's biggest Q3 2022 reduction was iShares Core MSCI Emerging Markets ETF, cutting an estimated $493M.
- Wells Fargo fully exited NextEra Energy, Inc. 4.872% Corporate Units in Q3 2022, selling an estimated $19.1M.
- Wells Fargo's ten largest holdings make up 18% of its $307B portfolio in Q3 2022.
- Wells Fargo opened 269 new positions and closed 345 in Q3 2022.
- Wells Fargo's portfolio value fell 5.1% quarter-over-quarter to $307B.
Based on Wells Fargo's 13F filing for Q3 2022, filed 14 Nov 2022.