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 |
Invesco QQQ Trust
QQQ
|
+$503M |
| 2 |
Chevron
CVX
|
+$472M |
| 3 |
Vanguard Long-Term Bond ETF
BLV
|
+$374M |
| 4 |
EOG Resources
EOG
|
+$354M |
| 5 |
ARK Innovation ETF
ARKK
|
+$253M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$5.2B |
| 2 |
M&T Bank
MTB
|
+$313M |
| 3 |
iShares Core 60/40 Balanced Allocation ETF
AOR
|
+$304M |
| 4 |
Apple
AAPL
|
+$197M |
| 5 |
iShares Core 80/20 Aggressive Allocation ETF
AOA
|
+$194M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13.55% |
| 2 | Healthcare | 8.23% |
| 3 | Financials | 6.88% |
| 4 | Industrials | 6.54% |
| 5 | Consumer Discretionary | 5.29% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2451
PUT
US Bancorp
USB
$99.6B
| $2.92M | ﹤0.01% |
+81,000
| New | +$3.61M |
|
2452
InterContinental Hotels
IHG
$23.2B
| $2.92M | ﹤0.01% |
43,838
+1,426
| +3% | +$96.5K |
|
|
LAC
2453
DELISTED
Lithium Americas Corp. Common Shares
LAC
| $2.92M | ﹤0.01% |
134,227
+42,407
| +46% | +$938K |
|
2454
DXC Technology
DXC
$1.73B
| $2.92M | ﹤0.01% |
114,063
+261
| +0.2% | +$7.11K |
|
2455
Broadstone Net Lease
BNL
$4.02B
| $2.92M | ﹤0.01% |
171,390
+13,789
| +9% | +$240K |
|
|
FRC
2456
DELISTED
First Republic Bank
FRC
| $2.91M | ﹤0.01% |
207,841
-179,947
| -46% | -$18.4M |
|
2457
iShares iBonds Dec 2030 Term Corporate ETF
IBDV
$3.3B
| $2.9M | ﹤0.01% |
134,901
+52,846
| +64% | +$1.12M |
|
2458
Ambarella
AMBA
$3.81B
| $2.9M | ﹤0.01% |
37,456
+9,953
| +36% | +$852K |
|
2459
Brookdale Senior Living
BKD
$3.4B
| $2.9M | ﹤0.01% |
981,620
+48,224
| +5% | +$138K |
|
2460
Spire
SR
$4.85B
| $2.89M | ﹤0.01% |
41,222
+1,119
| +3% | +$79.3K |
|
|
GDO
2461
Western Asset Global Corporate Defined Opportunity Fund
GDO
$77.4M
| $2.89M | ﹤0.01% |
227,389
+7,810
| +4% | +$101K |
|
2462
Fomento Económico Mexicano
FMX
$41.7B
| $2.88M | ﹤0.01% |
30,292
+6,949
| +30% | +$608K |
|
|
HBI
2463
DELISTED
Hanesbrands
HBI
| $2.88M | ﹤0.01% |
548,056
-102,803
| -16% | -$647K |
|
2464
Denali Therapeutics
DNLI
$3.97B
| $2.88M | ﹤0.01% |
125,070
+60,381
| +93% | +$1.66M |
|
2465
WisdomTree Emerging Markets Local Debt Fund
ELD
$143M
| $2.87M | ﹤0.01% |
106,005
-19,774
| -16% | -$525K |
|
2466
iShares New York Muni Bond ETF
NYF
$1.41B
| $2.87M | ﹤0.01% |
53,580
+18,888
| +54% | +$1M |
|
2467
Patterson-UTI
PTEN
$3.76B
| $2.86M | ﹤0.01% |
244,189
-130,871
| -35% | -$1.91M |
|
2468
CALL
Cisco
CSCO
$479B
| $2.85M | ﹤0.01% |
54,500
+26,300
| +93% | +$1.28M |
|
|
ECF
2469
Ellsworth Growth & Income Fund
ECF
$172M
| $2.84M | ﹤0.01% |
350,756
+29,662
| +9% | +$252K |
|
2470
California Water Service
CWT
$3.12B
| $2.84M | ﹤0.01% |
48,824
+6,409
| +15% | +$380K |
|
2471
CALL
Target
TGT
$68B
| $2.83M | ﹤0.01% |
+17,100
| New | +$2.81M |
|
2472
AMC Global Media
AMCX
$489M
| $2.83M | ﹤0.01% |
160,713
-3,128
| -2% | -$58.5K |
|
2473
Federal Signal
FSS
$7.83B
| $2.82M | ﹤0.01% |
52,026
+11,719
| +29% | +$613K |
|
|
MASI
2474
DELISTED
Masimo
MASI
| $2.82M | ﹤0.01% |
15,279
-476
| -3% | -$80.3K |
|
|
CCF
2475
DELISTED
Chase Corporation
CCF
| $2.81M | ﹤0.01% |
26,871
+3,107
| +13% | +$298K |
|
Similar funds
Wells Fargo's Q1 2023 Portfolio in Review
As of Q1 2023, Wells Fargo held 7,943 positions worth $347B, up 4.2% from $333B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Wells Fargo's Q1 2023 filing shows 427 new, 3,865 increased, 2,015 reduced and 474 closed positions. Its largest new stake was GE HealthCare: 686,371 shares worth $56.3M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $5.2B.
By sector, the portfolio is most concentrated in Technology at 14% of assets, up from 12% a quarter earlier, followed by Healthcare and Financials.
- Wells Fargo's largest Q1 2023 buy was GE HealthCare: 686,371 shares worth $56.3M.
- Wells Fargo added most to Invesco QQQ Trust in Q1 2023, an estimated $503M increase.
- Wells Fargo's biggest Q1 2023 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $5.2B.
- Wells Fargo fully exited STORE Capital Corporation in Q1 2023, selling an estimated $25.9M.
- Wells Fargo's ten largest holdings make up 17% of its $347B portfolio in Q1 2023.
- Wells Fargo opened 427 new positions and closed 474 in Q1 2023.
- Wells Fargo's portfolio value rose 4.2% quarter-over-quarter to $347B.
Based on Wells Fargo's 13F filing for Q1 2023, filed 12 May 2023.