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 |
iShares Core MSCI EAFE ETF
IEFA
|
+$731M |
| 2 |
Amazon
AMZN
|
+$442M |
| 3 |
S&P Global
SPGI
|
+$385M |
| 4 |
ARK Innovation ETF
ARKK
|
+$253M |
| 5 |
UnitedHealth
UNH
|
+$245M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.71B |
| 2 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$1.05B |
| 3 |
Apple
AAPL
|
+$629M |
| 4 |
US Bancorp
USB
|
+$575M |
| 5 |
Microsoft
MSFT
|
+$443M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.15% |
| 2 | Healthcare | 8.09% |
| 3 | Financials | 7.18% |
| 4 | Industrials | 6.24% |
| 5 | Consumer Discretionary | 5.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
CMS Energy
CMS
$22.6B
| $334M | 0.1% |
6,288,663
-38,832
| -0.6% | -$2.25M |
|
202
Duke Energy
DUK
$97.8B
| $333M | 0.1% |
3,773,938
+127,351
| +3% | +$11.7M |
|
203
Vanguard Short-Term Treasury ETF
VGSH
$29.3B
| $333M | 0.1% |
5,773,853
-1,761,406
| -23% | -$102M |
|
204
Booking.com
BKNG
$149B
| $330M | 0.1% |
2,674,175
-104,875
| -4% | -$12.7M |
|
205
iShares Russell 1000 ETF
IWB
$48.2B
| $328M | 0.1% |
1,396,613
+12,596
| +0.9% | +$3.08M |
|
206
iShares MSCI USA Min Vol Factor ETF
USMV
$23.5B
| $324M | 0.1% |
4,483,239
-147,863
| -3% | -$11M |
|
207
Stanley Black & Decker
SWK
$14.3B
| $324M | 0.09% |
3,871,184
-35,872
| -0.9% | -$3.32M |
|
208
Dover
DOV
$27.6B
| $323M | 0.09% |
2,315,009
-58,941
| -2% | -$8.51M |
|
209
First Trust Capital Strength ETF
FTCS
$7.91B
| $317M | 0.09% |
4,298,646
+26,334
| +0.6% | +$1.99M |
|
210
Vanguard Tax-Exempt Bond Index Fund
VTEB
$45.1B
| $312M | 0.09% |
6,490,980
+584,323
| +10% | +$28.9M |
|
211
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.2B
| $310M | 0.09% |
4,508,330
-867,817
| -16% | -$63.5M |
|
|
212
US Bancorp
USB
$98.2B
| $308M | 0.09% |
9,328,067
-15,787,487
| -63% | -$575M |
|
213
Kimberly-Clark
KMB
$36.3B
| $305M | 0.09% |
2,522,481
-142,052
| -5% | -$18.4M |
|
214
Cencora
COR
$60.6B
| $303M | 0.09% |
1,683,467
-79,355
| -5% | -$14.7M |
|
215
Prologis
PLD
$135B
| $300M | 0.09% |
2,669,719
-72,602
| -3% | -$8.88M |
|
216
PNC Financial Services
PNC
$99.7B
| $297M | 0.09% |
2,421,592
-17,520
| -0.7% | -$2.2M |
|
217
Ecolab
ECL
$78.1B
| $297M | 0.09% |
1,752,518
+10,751
| +0.6% | +$1.96M |
|
218
Citigroup
C
$222B
| $297M | 0.09% |
7,213,681
-286,819
| -4% | -$12.6M |
|
219
Goldman Sachs Access Treasury 0-1 Year ETF
GBIL
$7.64B
| $287M | 0.08% |
2,867,123
+6,122
| +0.2% | +$612K |
|
220
TSMC
TSM
$2.1T
| $282M | 0.08% |
3,245,574
+9,421
| +0.3% | +$891K |
|
221
Deere & Co
DE
$160B
| $282M | 0.08% |
747,253
-43,708
| -6% | -$18M |
|
222
3M
MMM
$90.9B
| $281M | 0.08% |
3,584,522
-143,692
| -4% | -$12.3M |
|
223
Unilever
UL
$137B
| $279M | 0.08% |
5,020,819
-66,213
| -1% | -$3.83M |
|
224
iShares MBS ETF
MBB
$38.9B
| $277M | 0.08% |
3,118,001
+185,287
| +6% | +$16.9M |
|
225
Vertex Pharmaceuticals
VRTX
$121B
| $271M | 0.08% |
780,287
-27,328
| -3% | -$9.56M |
|
Similar funds
Wells Fargo's Q3 2023 Portfolio in Review
As of Q3 2023, Wells Fargo held 7,828 positions worth $341B, down 5.8% from $362B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Wells Fargo's Q3 2023 filing shows 318 new, 2,127 increased, 4,030 reduced and 353 closed positions. Its largest new stake was TKO Group: 129,045 shares worth $10.8M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $3.71B.
By sector, the portfolio is most concentrated in Technology at 14% of assets, down from 15% a quarter earlier, followed by Healthcare and Financials.
- Wells Fargo's largest Q3 2023 buy was TKO Group: 129,045 shares worth $10.8M.
- Wells Fargo added most to iShares Core MSCI EAFE ETF in Q3 2023, an estimated $731M increase.
- Wells Fargo's biggest Q3 2023 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $3.71B.
- Wells Fargo fully exited PG&E Corporation in Q3 2023, selling an estimated $86.2M.
- Wells Fargo's ten largest holdings make up 18% of its $341B portfolio in Q3 2023.
- Wells Fargo opened 318 new positions and closed 353 in Q3 2023.
- Wells Fargo's portfolio value fell 5.8% quarter-over-quarter to $341B.
Based on Wells Fargo's 13F filing for Q3 2023, filed 13 Nov 2023.