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
|
+$3.29B |
| 2 |
iShares Core MSCI EAFE ETF
IEFA
|
+$1.37B |
| 3 |
Invesco QQQ Trust
QQQ
|
+$642M |
| 4 |
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
|
+$498M |
| 5 |
Nike
NKE
|
+$221M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Morningstar Mid-Cap ETF
VO
|
+$1.24B |
| 2 |
Clorox
CLX
|
+$326M |
| 3 |
Walmart Inc
WMT
|
+$228M |
| 4 |
iShares Russell Mid-Cap ETF
IWR
|
+$152M |
| 5 |
Microsoft
MSFT
|
+$151M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.61% |
| 2 | Healthcare | 8.1% |
| 3 | Financials | 6.84% |
| 4 | Industrials | 6.48% |
| 5 | Consumer Discretionary | 5.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
Cencora
COR
$62B
| $339M | 0.09% |
1,762,822
-19,440
| -1% | -$3.36M |
|
202
iShares Russell 1000 ETF
IWB
$47.1B
| $337M | 0.09% |
1,384,017
+58,279
| +4% | +$13.4M |
|
203
Prologis
PLD
$136B
| $336M | 0.09% |
2,742,321
+81,840
| +3% | +$10.1M |
|
204
Intuitive Surgical
ISRG
$127B
| $333M | 0.09% |
973,590
+33,204
| +4% | +$10M |
|
205
Duke Energy
DUK
$101B
| $327M | 0.09% |
3,646,587
-47,673
| -1% | -$4.5M |
|
206
TSMC
TSM
$1.94T
| $327M | 0.09% |
3,236,153
-24,400
| -0.7% | -$2.27M |
|
207
Ecolab
ECL
$79.8B
| $325M | 0.09% |
1,741,767
+74,594
| +4% | +$12.8M |
|
208
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$34.3B
| $322M | 0.09% |
2,978,468
-105,916
| -3% | -$11.5M |
|
209
AT&T
T
$164B
| $321M | 0.09% |
20,121,174
+62,753
| +0.3% | +$1.07M |
|
210
First Trust Capital Strength ETF
FTCS
$8.05B
| $321M | 0.09% |
4,272,312
-138,704
| -3% | -$10.2M |
|
211
Vanguard Morningstar Mid-Cap Value ETF
VOE
$23.9B
| $321M | 0.09% |
2,317,008
-121,983
| -5% | -$16.3M |
|
212
Deere & Co
DE
$165B
| $320M | 0.09% |
790,961
-232,273
| -23% | -$88.8M |
|
213
3M
MMM
$91.8B
| $312M | 0.09% |
3,728,214
-231,432
| -6% | -$19.7M |
|
214
PNC Financial Services
PNC
$99.1B
| $307M | 0.08% |
2,439,112
-2,667
| -0.1% | -$326K |
|
215
Booking.com
BKNG
$156B
| $300M | 0.08% |
2,779,050
+45,025
| +2% | +$4.76M |
|
216
Unilever
UL
$142B
| $298M | 0.08% |
5,087,032
-54,176
| -1% | -$3.22M |
|
217
Vanguard Tax-Exempt Bond Index Fund
VTEB
$45.2B
| $297M | 0.08% |
5,906,657
-205,654
| -3% | -$10.3M |
|
218
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$21.7B
| $296M | 0.08% |
3,485,612
+9,682
| +0.3% | +$741K |
|
219
State Street SPDR Nuveen ICE Short Term Municipal Bond ETF
SHM
$3.47B
| $295M | 0.08% |
6,263,864
+165,032
| +3% | +$7.77M |
|
220
Sherwin-Williams
SHW
$83.5B
| $295M | 0.08% |
1,109,455
-24,733
| -2% | -$5.82M |
|
221
Applied Materials
AMAT
$347B
| $293M | 0.08% |
2,027,530
-30,402
| -1% | -$3.81M |
|
222
Crown Castle
CCI
$34.6B
| $291M | 0.08% |
2,549,664
+17,753
| +0.7% | +$2.11M |
|
223
Southern Company
SO
$108B
| $290M | 0.08% |
4,131,936
-115,538
| -3% | -$8.29M |
|
224
Goldman Sachs Access Treasury 0-1 Year ETF
GBIL
$7.64B
| $286M | 0.08% |
2,861,001
+471,945
| +20% | +$47.1M |
|
225
Vanguard Morningstar Small-Cap Value ETF
VBR
$37.2B
| $285M | 0.08% |
1,725,540
-94,870
| -5% | -$14.9M |
|
Similar funds
Wells Fargo's Q2 2023 Portfolio in Review
As of Q2 2023, Wells Fargo held 7,830 positions worth $362B, up 4.4% from $347B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Wells Fargo's Q2 2023 filing shows 390 new, 3,912 increased, 2,324 reduced and 274 closed positions. Its largest new stake was State Street SPDR US Large Cap Low Volatility Index ETF: 257,436 shares worth $36.2M. The largest sale was Vanguard Morningstar Mid-Cap ETF, an estimated $1.24B.
By sector, the portfolio is most concentrated in Technology at 15% of assets, up from 14% a quarter earlier, followed by Healthcare and Financials.
- Wells Fargo's largest Q2 2023 buy was State Street SPDR US Large Cap Low Volatility Index ETF: 257,436 shares worth $36.2M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q2 2023, an estimated $3.29B increase.
- Wells Fargo's biggest Q2 2023 reduction was Vanguard Morningstar Mid-Cap ETF, cutting an estimated $1.24B.
- Wells Fargo fully exited ABB Ltd in Q2 2023, selling an estimated $67.4M.
- Wells Fargo's ten largest holdings make up 18% of its $362B portfolio in Q2 2023.
- Wells Fargo opened 390 new positions and closed 274 in Q2 2023.
- Wells Fargo's portfolio value rose 4.4% quarter-over-quarter to $362B.
Based on Wells Fargo's 13F filing for Q2 2023, filed 15 Aug 2023.