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 Financial Select Sector SPDR ETF
XLF
|
+$941M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$713M |
| 3 |
Vanguard Mid-Cap ETF
VO
|
+$591M |
| 4 |
Microsoft
MSFT
|
+$547M |
| 5 |
Vanguard Dividend Appreciation ETF
VIG
|
+$364M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Russell 2000 ETF
IWM
|
+$408M |
| 2 |
Tesla
TSLA
|
+$313M |
| 3 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$240M |
| 4 |
iShares MBS ETF
MBB
|
+$209M |
| 5 |
Home Depot
HD
|
+$190M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.98% |
| 2 | Healthcare | 8.57% |
| 3 | Financials | 7.65% |
| 4 | Industrials | 6.75% |
| 5 | Consumer Discretionary | 6.1% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Microsoft
MSFT
$2.83T
| $12.8B | 3.29% |
41,596,964
+1,819,498
| +5% | +$547M |
|
2
Apple
AAPL
$4.72T
| $12.5B | 3.2% |
71,387,442
-289,331
| -0.4% | -$48.7M |
|
3
iShares Core S&P 500 ETF
IVV
$875B
| $7.79B | 2% |
17,177,276
+301,407
| +2% | +$135M |
|
|
4
Vanguard Mid-Cap ETF
VO
$106B
| $6.77B | 1.74% |
113,790,848
+10,074,064
| +10% | +$591M |
|
5
iShares Core US Aggregate Bond ETF
AGG
$137B
| $5.45B | 1.4% |
50,891,914
+3,003,317
| +6% | +$331M |
|
|
6
iShares Russell 2000 ETF
IWM
$81.2B
| $5.16B | 1.32% |
25,150,339
-2,000,509
| -7% | -$408M |
|
7
iShares Core S&P Total US Stock Market ETF
ITOT
$93.1B
| $5.15B | 1.32% |
51,027,670
+878,128
| +2% | +$87.6M |
|
|
8
State Street SPDR S&P 500 ETF Trust
SPY
$777B
| $5.1B | 1.31% |
11,291,753
+1,602,038
| +17% | +$713M |
|
9
Amazon
AMZN
$2.51T
| $4.86B | 1.25% |
29,813,980
+1,099,280
| +4% | +$170M |
|
10
UnitedHealth
UNH
$385B
| $4.18B | 1.07% |
8,196,466
+598,875
| +8% | +$289M |
|
|
11
iShares Core MSCI Emerging Markets ETF
IEMG
$152B
| $3.8B | 0.97% |
68,359,530
-4,156,254
| -6% | -$240M |
|
12
Johnson & Johnson
JNJ
$624B
| $3.71B | 0.95% |
20,919,716
+1,042,015
| +5% | +$177M |
|
13
JPMorgan Chase
JPM
$930B
| $3.64B | 0.93% |
26,685,896
+657,333
| +3% | +$97M |
|
14
Alphabet (Google) Class C
GOOG
$3.89T
| $3.39B | 0.87% |
24,291,200
+781,380
| +3% | +$106M |
|
15
Vanguard FTSE Developed Markets ETF
VEA
$226B
| $3.27B | 0.84% |
68,177,334
+1,001,859
| +1% | +$48.8M |
|
|
16
Alphabet (Google) Class A
GOOGL
$3.89T
| $3.12B | 0.8% |
22,429,800
+516,620
| +2% | +$70.2M |
|
17
iShares Russell Mid-Cap ETF
IWR
$56.5B
| $3.02B | 0.78% |
38,759,296
+3,352,421
| +9% | +$258M |
|
18
iShares Core S&P Mid-Cap ETF
IJH
$122B
| $3B | 0.77% |
55,866,430
+158,780
| +0.3% | +$8.45M |
|
|
19
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$777B
| $2.78B | 0.71% |
6,147,800
+1,670,581
| +37% | +$744M |
|
20
Goldman Sachs ActiveBeta US Large Cap Equity ETF
GSLC
$15.2B
| $2.77B | 0.71% |
31,112,171
+2,052,246
| +7% | +$181M |
|
21
Cisco
CSCO
$444B
| $2.73B | 0.7% |
48,976,141
+2,588,181
| +6% | +$146M |
|
22
Vanguard FTSE Emerging Markets ETF
VWO
$119B
| $2.59B | 0.67% |
56,240,670
-1,315,002
| -2% | -$63.3M |
|
23
Procter & Gamble
PG
$342B
| $2.5B | 0.64% |
16,376,721
+799,456
| +5% | +$125M |
|
24
Chevron
CVX
$387B
| $2.49B | 0.64% |
15,267,710
+777,307
| +5% | +$111M |
|
|
25
State Street Financial Select Sector SPDR ETF
XLF
$55.1B
| $2.48B | 0.64% |
64,812,114
+24,064,518
| +59% | +$941M |
|
Similar funds
Wells Fargo's Q1 2022 Portfolio in Review
As of Q1 2022, Wells Fargo held 8,421 positions worth $390B, down 2.7% from $401B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Wells Fargo's Q1 2022 filing shows 409 new, 2,815 increased, 3,298 reduced and 614 closed positions. Its largest new stake was Shell: 1,908,046 shares worth $105M. The largest sale was iShares Russell 2000 ETF, an estimated $408M.
By sector, the portfolio is most concentrated in Technology at 15% of assets, down from 15% a quarter earlier, followed by Healthcare and Financials.
- Wells Fargo's largest Q1 2022 buy was Shell: 1,908,046 shares worth $105M.
- Wells Fargo added most to State Street Financial Select Sector SPDR ETF in Q1 2022, an estimated $941M increase.
- Wells Fargo's biggest Q1 2022 reduction was iShares Russell 2000 ETF, cutting an estimated $408M.
- Wells Fargo fully exited IHS Markit Ltd. Common Shares in Q1 2022, selling an estimated $173M.
- Wells Fargo's ten largest holdings make up 18% of its $390B portfolio in Q1 2022.
- Wells Fargo opened 409 new positions and closed 614 in Q1 2022.
- Wells Fargo's portfolio value fell 2.7% quarter-over-quarter to $390B.
Based on Wells Fargo's 13F filing for Q1 2022, filed 16 May 2022.