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 | |
|---|---|---|---|---|---|---|
2301
California Water Service
CWT
$3.06B
| $3.75M | ﹤0.01% |
72,647
+23,823
| +49% | +$1.34M |
|
|
AGEN
2302
Agenus
AGEN
$312M
| $3.74M | ﹤0.01% |
116,908
+15,503
| +15% | +$496K |
|
2303
Brookdale Senior Living
BKD
$3.43B
| $3.74M | ﹤0.01% |
885,072
-96,548
| -10% | -$373K |
|
2304
UiPath
PATH
$7.25B
| $3.73M | ﹤0.01% |
225,022
+29,966
| +15% | +$481K |
|
2305
Yeti Holdings
YETI
$3.93B
| $3.73M | ﹤0.01% |
95,993
-29,981
| -24% | -$1.16M |
|
2306
Roku
ROKU
$22.3B
| $3.72M | ﹤0.01% |
58,215
-6,318
| -10% | -$384K |
|
|
GUG
2307
Guggenheim Active Allocation Fund
GUG
$510M
| $3.71M | ﹤0.01% |
258,128
-10,266
| -4% | -$143K |
|
2308
B&G Foods
BGS
$278M
| $3.7M | ﹤0.01% |
266,075
-21,872
| -8% | -$315K |
|
2309
Dropbox
DBX
$8.06B
| $3.7M | ﹤0.01% |
138,669
-33,489
| -19% | -$763K |
|
2310
iShares Global Comm Services ETF
IXP
$571M
| $3.7M | ﹤0.01% |
54,063
+3,173
| +6% | +$210K |
|
2311
CALL
Sarepta Therapeutics
SRPT
$1.77B
| $3.69M | ﹤0.01% |
32,200
-600
| -2% | -$77.4K |
|
|
FINS
2312
Angel Oak Financial Strategies Income Term Trust
FINS
$418M
| $3.68M | ﹤0.01% |
311,985
+57,483
| +23% | +$688K |
|
|
TXNM
2313
TXNM Energy Inc
TXNM
$5.92B
| $3.68M | ﹤0.01% |
81,676
-123,413
| -60% | -$5.81M |
|
2314
Advanced Drainage Systems
WMS
$11.4B
| $3.68M | ﹤0.01% |
32,365
-3,126
| -9% | -$295K |
|
2315
H&R Block
HRB
$5.82B
| $3.67M | ﹤0.01% |
115,237
-39,463
| -26% | -$1.27M |
|
2316
Lumen
LUMN
$6.09B
| $3.67M | ﹤0.01% |
1,623,686
+930,622
| +134% | +$2.05M |
|
2317
Otter Tail
OTTR
$3.91B
| $3.66M | ﹤0.01% |
46,378
+8,534
| +23% | +$641K |
|
2318
Invesco NASDAQ Next Gen 100 ETF
QQQJ
$1.15B
| $3.66M | ﹤0.01% |
139,865
-56,135
| -29% | -$1.41M |
|
2319
Korn Ferry
KFY
$4.2B
| $3.65M | ﹤0.01% |
73,676
+10,460
| +17% | +$515K |
|
|
CSW
2320
CSW Industrials
CSW
$5.67B
| $3.64M | ﹤0.01% |
21,914
+2,892
| +15% | +$418K |
|
2321
American Eagle Outfitters
AEO
$2.97B
| $3.64M | ﹤0.01% |
308,600
-9,359
| -3% | -$117K |
|
2322
Black Hills Corp
BKH
$5.54B
| $3.63M | ﹤0.01% |
60,287
+13,184
| +28% | +$836K |
|
2323
Invesco S&P 500 Equal Weight Utilities ETF
RSPU
$527M
| $3.63M | ﹤0.01% |
65,700
+3,040
| +5% | +$172K |
|
|
HQH
2324
abrdn Healthcare Investors
HQH
$1.31B
| $3.63M | ﹤0.01% |
213,021
-40,044
| -16% | -$694K |
|
2325
Teucrium Corn Fund
CORN
$168M
| $3.63M | ﹤0.01% |
163,373
-74,951
| -31% | -$1.8M |
|
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, 3,910 increased, 2,322 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.