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
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1B |
| 2 |
Microsoft
MSFT
|
+$878M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$748M |
| 4 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$647M |
| 5 |
Amazon
AMZN
|
+$436M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.09% |
| 2 | Healthcare | 9.01% |
| 3 | Financials | 7.29% |
| 4 | Industrials | 6.45% |
| 5 | Consumer Discretionary | 5.37% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2251
Petco
WOOF
$791M
| $3.58M | ﹤0.01% |
243,157
-185,622
| -43% | -$3.37M |
|
2252
The Ensign Group
ENSG
$10.6B
| $3.58M | ﹤0.01% |
48,749
-29,149
| -37% | -$2.33M |
|
2253
Kulicke & Soffa
KLIC
$4.74B
| $3.58M | ﹤0.01% |
83,638
-63,384
| -43% | -$3.14M |
|
|
PMT
2254
PennyMac Mortgage Investment
PMT
$814M
| $3.58M | ﹤0.01% |
258,770
-85,670
| -25% | -$1.31M |
|
|
GBAB
2255
Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust
GBAB
$386M
| $3.57M | ﹤0.01% |
200,684
-12,338
| -6% | -$229K |
|
|
NLSN
2256
DELISTED
Nielsen Holdings plc
NLSN
| $3.56M | ﹤0.01% |
153,499
-294,810
| -66% | -$7.55M |
|
2257
BlackRock MuniYield Quality Fund
MQY
$812M
| $3.56M | ﹤0.01% |
280,455
+47,387
| +20% | +$605K |
|
2258
WisdomTree India Earnings Fund ETF
EPI
$2.05B
| $3.55M | ﹤0.01% |
119,730
-45,406
| -27% | -$1.55M |
|
2259
Nuveen AMT-Free Quality Municipal Income Fund
NEA
$3.39B
| $3.55M | ﹤0.01% |
301,944
-515,712
| -63% | -$6.28M |
|
2260
Steven Madden
SHOO
$3.53B
| $3.53M | ﹤0.01% |
109,762
-49,094
| -31% | -$1.86M |
|
2261
Kodak
KODK
$925M
| $3.53M | ﹤0.01% |
760,079
+361,234
| +91% | +$1.88M |
|
2262
Enovis
ENOV
$1.52B
| $3.52M | ﹤0.01% |
64,064
-49,453
| -44% | -$3.19M |
|
|
JPI
2263
DELISTED
Nuveen Preferred Securities & Income Opportunities Fund
JPI
| $3.52M | ﹤0.01% |
183,185
+3,792
| +2% | +$77.9K |
|
2264
Korn Ferry
KFY
$4.2B
| $3.51M | ﹤0.01% |
60,465
-46,457
| -43% | -$2.82M |
|
2265
iShares ESG Aware USD Corporate Bond ETF
SUSC
$1.29B
| $3.5M | ﹤0.01% |
151,337
-37,863
| -20% | -$897K |
|
2266
BlackRock Corporate High Yield Fund
HYT
$1.37B
| $3.5M | ﹤0.01% |
367,149
-1,194
| -0.3% | -$12K |
|
2267
Teck Resources
TECK
$32.4B
| $3.5M | ﹤0.01% |
114,453
+22,297
| +24% | +$880K |
|
2268
Invesco Trust Investment Grade Municipals
VGM
$559M
| $3.49M | ﹤0.01% |
331,755
-71,642
| -18% | -$771K |
|
|
SDHY
2269
PGIM Short Duration High Yield Opportunities Fund
SDHY
$397M
| $3.48M | ﹤0.01% |
233,419
-45,022
| -16% | -$713K |
|
2270
Nuveen ESG Large-Cap Growth ETF
NULG
$2.75B
| $3.48M | ﹤0.01% |
72,156
-11,958
| -14% | -$629K |
|
2271
Penske Automotive Group
PAG
$14.2B
| $3.47M | ﹤0.01% |
33,131
-61,153
| -65% | -$6.56M |
|
2272
iShares Global Consumer Staples ETF
KXI
$1.07B
| $3.47M | ﹤0.01% |
59,941
+4,699
| +9% | +$284K |
|
2273
EverQuote
EVER
$839M
| $3.46M | ﹤0.01% |
391,466
+204,439
| +109% | +$2.33M |
|
2274
iShares MSCI Sweden ETF
EWD
$592M
| $3.46M | ﹤0.01% |
113,560
-1,881,030
| -94% | -$66.5M |
|
2275
Cemex
CX
$16.3B
| $3.45M | ﹤0.01% |
880,492
-523,164
| -37% | -$2.24M |
|
Similar funds
Wells Fargo's Q2 2022 Portfolio in Review
As of Q2 2022, Wells Fargo held 8,080 positions worth $323B, down 17% from $390B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Wells Fargo withdrew a net $12.6B in Q2 2022, closing 375 positions and reducing 4,229 holdings. Its most notable exit was People's United Financial Inc, an estimated $250M position sold in full.
By sector, the portfolio is most concentrated in Technology at 13% of assets, down from 15% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Wells Fargo opened a new position in Aspen Technology Inc worth $80.2M.
- Wells Fargo's largest Q2 2022 buy was Aspen Technology Inc: 436,654 shares worth $80.2M.
- Wells Fargo added most to State Street SPDR S&P 500 ETF Trust in Q2 2022, an estimated $2.47B increase.
- Wells Fargo's biggest Q2 2022 reduction was Apple, cutting an estimated $1B.
- Wells Fargo fully exited People's United Financial Inc in Q2 2022, selling an estimated $250M.
- Wells Fargo's ten largest holdings make up 18% of its $323B portfolio in Q2 2022.
- Wells Fargo opened 272 new positions and closed 375 in Q2 2022.
- Wells Fargo's portfolio value fell 17% quarter-over-quarter to $323B.
Based on Wells Fargo's 13F filing for Q2 2022, filed 12 Aug 2022.