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 |
iShares Russell 2000 ETF
IWM
|
+$649M |
| 3 |
iShares Core MSCI EAFE ETF
IEFA
|
+$257M |
| 4 |
Amazon
AMZN
|
+$211M |
| 5 |
Vanguard Total Bond Market
BND
|
+$185M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$487M |
| 2 |
Microsoft
MSFT
|
+$287M |
| 3 |
Xtrackers USD High Yield Corporate Bond ETF
HYLB
|
+$162M |
| 4 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$144M |
| 5 |
Donaldson
DCI
|
+$137M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.38% |
| 2 | Healthcare | 7.44% |
| 3 | Financials | 7.25% |
| 4 | Industrials | 6.34% |
| 5 | Consumer Discretionary | 5.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
JPMorgan Ultra-Short Income ETF
JPST
$40.1B
| $374M | 0.1% |
7,450,430
-551,477
| -7% | -$27.7M |
|
202
PNC Financial Services
PNC
$99.7B
| $373M | 0.1% |
2,408,999
-12,593
| -0.5% | -$1.63M |
|
203
ARK Innovation ETF
ARKK
$5.66B
| $369M | 0.1% |
7,038,350
-2,751,348
| -28% | -$119M |
|
204
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$34.3B
| $365M | 0.1% |
3,298,099
+18,348
| +0.6% | +$1.91M |
|
205
Vanguard Short-Term Treasury ETF
VGSH
$29.3B
| $364M | 0.09% |
6,233,606
+459,753
| +8% | +$26.6M |
|
206
Citigroup
C
$222B
| $364M | 0.09% |
7,067,267
-146,414
| -2% | -$6.48M |
|
207
State Street Utilities Select Sector SPDR ETF
XLU
$22.8B
| $359M | 0.09% |
11,349,412
-1,023,656
| -8% | -$31.3M |
|
208
US Bancorp
USB
$98.2B
| $356M | 0.09% |
8,235,758
-1,092,309
| -12% | -$39.9M |
|
209
CALL
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$15.9B
| $348M | 0.09% |
4,492,900
-607,400
| -12% | -$45.3M |
|
210
Dover
DOV
$27.6B
| $347M | 0.09% |
2,258,058
-56,951
| -2% | -$7.98M |
|
211
Prologis
PLD
$135B
| $346M | 0.09% |
2,595,500
-74,219
| -3% | -$8.43M |
|
212
CMS Energy
CMS
$22.6B
| $343M | 0.09% |
5,899,862
-388,801
| -6% | -$21.7M |
|
213
TSMC
TSM
$2.1T
| $342M | 0.09% |
3,291,518
+45,944
| +1% | +$4.38M |
|
214
Ecolab
ECL
$78.1B
| $342M | 0.09% |
1,723,333
-29,185
| -2% | -$5.25M |
|
215
First Trust Capital Strength ETF
FTCS
$7.91B
| $340M | 0.09% |
4,247,018
-51,628
| -1% | -$3.93M |
|
216
iShares MSCI USA Min Vol Factor ETF
USMV
$23.5B
| $335M | 0.09% |
4,298,794
-184,445
| -4% | -$13.8M |
|
217
CALL
iShares MSCI Emerging Markets ETF
EEM
$28.8B
| $335M | 0.09% |
8,320,000
+6,745,000
| +428% | +$260M |
|
218
PUT
Palo Alto Networks
PANW
$270B
| $333M | 0.09% |
2,256,000
+1,959,200
| +660% | +$262M |
|
219
Cencora
COR
$60.6B
| $323M | 0.08% |
1,570,646
-112,821
| -7% | -$22M |
|
220
Deere & Co
DE
$160B
| $317M | 0.08% |
791,900
+44,647
| +6% | +$16.8M |
|
221
PUT
iShares MSCI EAFE ETF
EFA
$78B
| $312M | 0.08% |
4,135,100
+3,663,600
| +777% | +$259M |
|
222
3M
MMM
$90.9B
| $311M | 0.08% |
3,397,391
-187,131
| -5% | -$15M |
|
223
Celanese
CE
$4.9B
| $311M | 0.08% |
1,998,637
-47,486
| -2% | -$6.19M |
|
|
224
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$15.9B
| $309M | 0.08% |
3,996,590
+366,623
| +10% | +$27.3M |
|
225
Diageo
DEO
$49B
| $308M | 0.08% |
2,111,224
-205,045
| -9% | -$30.3M |
|
Similar funds
Wells Fargo's Q4 2023 Portfolio in Review
As of Q4 2023, Wells Fargo held 7,882 positions worth $383B, up 12% from $341B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Wells Fargo's Q4 2023 filing shows 410 new, 3,687 increased, 2,463 reduced and 394 closed positions. Its largest new stake was FT Vest US Equity Buffer ETF April: 1,231,825 shares worth $43.1M. The largest sale was Invesco QQQ Trust, an estimated $487M.
By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 14% a quarter earlier, followed by Healthcare and Financials.
- Wells Fargo's largest Q4 2023 buy was FT Vest US Equity Buffer ETF April: 1,231,825 shares worth $43.1M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q4 2023, an estimated $790M increase.
- Wells Fargo's biggest Q4 2023 reduction was Invesco QQQ Trust, cutting an estimated $487M.
- Wells Fargo fully exited Activision Blizzard in Q4 2023, selling an estimated $65.2M.
- Wells Fargo's ten largest holdings make up 18% of its $383B portfolio in Q4 2023.
- Wells Fargo opened 410 new positions and closed 394 in Q4 2023.
- Wells Fargo's portfolio value rose 12% quarter-over-quarter to $383B.
Based on Wells Fargo's 13F filing for Q4 2023, filed 9 Feb 2024.