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 |
Vanguard Mid-Cap ETF
VO
|
+$1.35B |
| 2 |
Invesco Actively Managed Exch-Traded Commodity Fd Tr Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
PDBC
|
+$453M |
| 3 |
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
|
+$317M |
| 4 |
State Street Technology Select Sector SPDR ETF
XLK
|
+$293M |
| 5 |
SPDR Gold Trust
GLD
|
+$256M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Russell 2000 ETF
IWM
|
+$644M |
| 2 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$520M |
| 3 |
iShares Core S&P Mid-Cap ETF
IJH
|
+$464M |
| 4 |
Alibaba
BABA
|
+$352M |
| 5 |
iShares MSCI EAFE ETF
EFA
|
+$351M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 15.23% |
| 2 | Healthcare | 10.01% |
| 3 | Financials | 8.01% |
| 4 | Consumer Discretionary | 7.62% |
| 5 | Industrials | 7.42% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Microsoft
MSFT
$2.86T
| $10.8B | 3.14% |
53,006,299
-209,964
| -0.4% | -$38.1M |
|
2
Apple
AAPL
$4.78T
| $7.87B | 2.29% |
86,323,396
-661,236
| -0.8% | -$51.2M |
|
3
iShares Core S&P 500 ETF
IVV
$876B
| $6.25B | 1.82% |
20,168,203
-390,028
| -2% | -$115M |
|
4
iShares Core US Aggregate Bond ETF
AGG
$138B
| $6.01B | 1.75% |
50,818,430
-1,249,179
| -2% | -$146M |
|
5
Amazon
AMZN
$2.52T
| $5.39B | 1.57% |
39,093,160
-1,813,160
| -4% | -$219M |
|
6
State Street SPDR S&P 500 ETF Trust
SPY
$778B
| $5.03B | 1.46% |
16,312,570
-415,790
| -2% | -$122M |
|
|
7
Vanguard Mid-Cap ETF
VO
$106B
| $3.95B | 1.15% |
96,288,472
+35,345,344
| +58% | +$1.35B |
|
8
Vanguard FTSE Developed Markets ETF
VEA
$226B
| $3.48B | 1.01% |
89,635,889
-7,616,239
| -8% | -$278M |
|
|
9
iShares Russell 2000 ETF
IWM
$81.2B
| $3.08B | 0.9% |
21,539,021
-4,908,033
| -19% | -$644M |
|
10
Johnson & Johnson
JNJ
$629B
| $3.05B | 0.89% |
21,683,561
+343,950
| +2% | +$50.1M |
|
11
JPMorgan Chase
JPM
$925B
| $2.72B | 0.79% |
28,918,389
+1,070,728
| +4% | +$102M |
|
12
Home Depot
HD
$324B
| $2.7B | 0.79% |
10,796,282
-448,086
| -4% | -$103M |
|
13
Cisco
CSCO
$445B
| $2.67B | 0.78% |
57,234,986
+1,526,399
| +3% | +$66.9M |
|
14
Alphabet (Google) Class A
GOOGL
$3.92T
| $2.53B | 0.74% |
35,663,940
-617,160
| -2% | -$41.6M |
|
|
15
iShares Core S&P Mid-Cap ETF
IJH
$123B
| $2.41B | 0.7% |
67,751,075
-13,974,610
| -17% | -$464M |
|
|
16
Alphabet (Google) Class C
GOOG
$3.92T
| $2.4B | 0.7% |
33,949,640
+2,567,820
| +8% | +$173M |
|
17
iShares Core S&P Total US Stock Market ETF
ITOT
$93.3B
| $2.4B | 0.7% |
34,519,919
+2,513,555
| +8% | +$164M |
|
18
Vanguard FTSE Emerging Markets ETF
VWO
$119B
| $2.38B | 0.69% |
60,128,446
-8,412,911
| -12% | -$311M |
|
19
Visa
V
$671B
| $2.38B | 0.69% |
12,300,945
+236,479
| +2% | +$43.2M |
|
20
Procter & Gamble
PG
$340B
| $2.34B | 0.68% |
19,543,919
+1,180,372
| +6% | +$138M |
|
21
iShares Russell Mid-Cap ETF
IWR
$56.7B
| $2.2B | 0.64% |
41,040,673
-179,041
| -0.4% | -$8.97M |
|
22
UnitedHealth
UNH
$383B
| $2.19B | 0.64% |
7,433,756
-218,811
| -3% | -$62.7M |
|
23
Meta Platforms (Facebook)
META
$1.54T
| $2.11B | 0.61% |
9,275,136
-248,459
| -3% | -$51.9M |
|
24
iShares Core MSCI Emerging Markets ETF
IEMG
$150B
| $2.06B | 0.6% |
43,322,065
-6,280,193
| -13% | -$280M |
|
25
NextEra Energy
NEE
$185B
| $1.96B | 0.57% |
32,676,732
-835,180
| -2% | -$50M |
|
Similar funds
Wells Fargo's Q2 2020 Portfolio in Review
As of Q2 2020, Wells Fargo held 7,323 positions worth $344B, up 19% from $289B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Wells Fargo's Q2 2020 filing shows 372 new, 3,332 increased, 2,355 reduced and 316 closed positions. Its largest new stake was Otis Worldwide: 1,752,089 shares worth $99.6M. The largest sale was iShares Russell 2000 ETF, an estimated $644M.
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 2020 buy was Otis Worldwide: 1,752,089 shares worth $99.6M.
- Wells Fargo added most to Vanguard Mid-Cap ETF in Q2 2020, an estimated $1.35B increase.
- Wells Fargo's biggest Q2 2020 reduction was iShares Russell 2000 ETF, cutting an estimated $644M.
- Wells Fargo fully exited Allergan plc in Q2 2020, selling an estimated $251M.
- Wells Fargo's ten largest holdings make up 16% of its $344B portfolio in Q2 2020.
- Wells Fargo opened 372 new positions and closed 316 in Q2 2020.
- Wells Fargo's portfolio value rose 19% quarter-over-quarter to $344B.
Based on Wells Fargo's 13F filing for Q2 2020, filed 13 Aug 2020.