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
|
+$506M |
| 2 |
Microsoft
MSFT
|
+$336M |
| 3 |
Amazon
AMZN
|
+$287M |
| 4 |
Apple
AAPL
|
+$269M |
| 5 |
Meta Platforms (Facebook)
META
|
+$233M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Air Products & Chemicals
APD
|
+$425M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$334M |
| 3 |
United Parcel Service
UPS
|
+$148M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$128M |
| 5 |
Vanguard Morningstar Mid-Cap ETF
VO
|
+$124M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.28% |
| 2 | Financials | 7.45% |
| 3 | Healthcare | 7.23% |
| 4 | Industrials | 6.23% |
| 5 | Consumer Discretionary | 5.41% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
201
iShares 10-20 Year Treasury Bond ETF
TLH
$11B
| $383M | 0.09% |
3,729,228
-65,750
| -2% | -$6.69M |
|
202
JPMorgan Ultra-Short Income ETF
JPST
$40.1B
| $383M | 0.09% |
7,587,438
-107,606
| -1% | -$5.42M |
|
203
PNC Financial Services
PNC
$99.1B
| $382M | 0.09% |
2,459,028
-8,202
| -0.3% | -$1.27M |
|
204
CMS Energy
CMS
$23.3B
| $368M | 0.09% |
6,187,922
-146,639
| -2% | -$8.88M |
|
205
GE Aerospace
GE
$364B
| $360M | 0.09% |
2,263,828
-183,806
| -8% | -$29.3M |
|
206
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$15.9B
| $354M | 0.09% |
4,591,004
+1,037,830
| +29% | +$79.8M |
|
207
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$34.3B
| $350M | 0.08% |
3,266,596
+55,905
| +2% | +$5.97M |
|
208
PUT
iShares MSCI EAFE ETF
EFA
$76.4B
| $345M | 0.08% |
4,407,300
-2,366,100
| -35% | -$187M |
|
209
Becton Dickinson
BDX
$46.4B
| $345M | 0.08% |
1,475,778
-226,660
| -13% | -$53.4M |
|
210
Xcel Energy
XEL
$49.2B
| $340M | 0.08% |
6,365,277
+117,748
| +2% | +$6.41M |
|
211
PUT
iShares MSCI Emerging Markets ETF
EEM
$27.5B
| $338M | 0.08% |
7,938,200
-3,439,700
| -30% | -$144M |
|
212
Cencora
COR
$62B
| $334M | 0.08% |
1,482,578
-19,510
| -1% | -$4.52M |
|
213
Vanguard Short-Term Treasury ETF
VGSH
$29.3B
| $333M | 0.08% |
5,735,679
-288,133
| -5% | -$16.6M |
|
214
Pacer US Small Cap Cash Cows 100 ETF
CALF
$3.75B
| $330M | 0.08% |
7,572,187
+30,944
| +0.4% | +$1.42M |
|
215
Tractor Supply
TSCO
$16.3B
| $329M | 0.08% |
6,091,995
-46,185
| -0.8% | -$2.48M |
|
216
iShares MSCI USA Min Vol Factor ETF
USMV
$23.6B
| $323M | 0.08% |
3,845,811
-185,379
| -5% | -$15.3M |
|
217
Kimberly-Clark
KMB
$37.6B
| $318M | 0.08% |
2,300,313
-266,356
| -10% | -$35.6M |
|
218
Vanguard Morningstar Large-Cap ETF
VV
$51.2B
| $315M | 0.08% |
1,262,012
+10,632
| +0.8% | +$2.55M |
|
219
Stanley Black & Decker
SWK
$14.5B
| $312M | 0.08% |
3,900,096
+36,105
| +0.9% | +$3.18M |
|
220
AT&T
T
$164B
| $311M | 0.08% |
16,269,442
-205,879
| -1% | -$3.58M |
|
221
Williams Companies
WMB
$85.8B
| $308M | 0.07% |
7,253,126
+222,877
| +3% | +$8.94M |
|
222
First Trust Capital Strength ETF
FTCS
$8.05B
| $308M | 0.07% |
3,663,329
-127,547
| -3% | -$10.6M |
|
223
Schwab US Dividend Equity ETF
SCHD
$104B
| $306M | 0.07% |
11,796,825
-258,429
| -2% | -$6.73M |
|
224
Vanguard Russell 1000 Growth ETF
VONG
$41.2B
| $304M | 0.07% |
3,241,544
+8,678
| +0.3% | +$763K |
|
225
PUT
Eli Lilly
LLY
$1.08T
| $303M | 0.07% |
335,100
+41,400
| +14% | +$33.1M |
|
Similar funds
Wells Fargo's Q2 2024 Portfolio in Review
As of Q2 2024, Wells Fargo held 7,784 positions worth $412B, down 0.64% from $415B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Wells Fargo's Q2 2024 filing shows 385 new, 3,309 increased, 2,368 reduced and 948 closed positions. Its largest new stake was NextEra Energy 7.299% Corporate Units: 1,487,927 shares worth $73.6M. The largest sale was Air Products & Chemicals, an estimated $425M.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 14% a quarter earlier, followed by Financials and Healthcare.
- Wells Fargo's largest Q2 2024 buy was NextEra Energy 7.299% Corporate Units: 1,487,927 shares worth $73.6M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q2 2024, an estimated $506M increase.
- Wells Fargo's biggest Q2 2024 reduction was Air Products & Chemicals, cutting an estimated $425M.
- Wells Fargo fully exited Pioneer Natural Resource Co. in Q2 2024, selling an estimated $88.9M.
- Wells Fargo's ten largest holdings make up 19% of its $412B portfolio in Q2 2024.
- Wells Fargo opened 385 new positions and closed 948 in Q2 2024.
- Wells Fargo's portfolio value fell 0.64% quarter-over-quarter to $412B.
Based on Wells Fargo's 13F filing for Q2 2024, filed 13 Aug 2024.