According to the disclosure of the Securities and Exchange Commission (SEC) in the United States, Wells Fargo & Co. submitted its Q2 holdings report (Form 13F) as of June 30, 2024.
According to the disclosure of the Securities and Exchange Commission (SEC) in the United States, Wells Fargo & Co. (WFC.US) submitted its Q2 holdings report (Form 13F) as of June 30, 2024 on the app of Zhongtong Finance.
The total market value of Wells Fargo & Co.'s holdings in the second quarter was $412 billion, a decrease of 1.19% from the previous quarter's $415 billion. Wells Fargo & Co. added 417 individual stocks to its portfolio in the second quarter and increased its holding in 3,388 individual stocks. At the same time, Wells Fargo & Co. reduced its shareholding in 2,449 individual stocks and completely divested its holdings in 1,053 individual stocks. The top ten holdings accounted for 18.63% of the total market value.
Microsoft (MSFT.US) ranked first among the top five holdings, holding approximately 35.36 million shares with a market value of approximately $15.8 billion. The number of shares held increased by 2.30% compared to the previous quarter, accounting for 3.83% of the investment portfolio.
Apple (AAPL.US) ranked second, holding approximately 59.91 million shares with a market value of approximately $12.62 billion. The number of shares held increased by 2.46% compared to the previous quarter, accounting for 3.06% of the investment portfolio.
iShares S&P 500 Index ETF (IVV.US) ranked third, holding approximately 15.83 million shares with a market value of approximately $8.66 billion. The number of shares held increased by 0.16% compared to the previous quarter, accounting for 2.10% of the investment portfolio.
SPDR S&P 500 Index ETF (SPY.US) ranked fourth, holding approximately 11.61 million shares with a market value of approximately $6.32 billion. The number of shares held increased by 9.08% compared to the previous quarter, accounting for 1.53% of the investment portfolio.
Nvidia (NVDA.US) ranked fifth, holding approximately 49.8 million shares with a market value of approximately $6.15 billion. The number of shares held increased by 1.37% compared to the previous quarter, accounting for 1.49% of the investment portfolio.
In addition to Microsoft, Apple, and Nvidia, Wells Fargo & Co. also increased its holdings in the other four of the 'FANG' stocks: Amazon (AMZN.US) by 5.97%, Google-C (GOOG.US) by 4.98%, Google-A (GOOGL.US) by 3.76%, Meta (META.US) by 9.21%, and Tesla (TSLA.US) by 19.87%.
The top five purchased symbols in terms of holdings proportion were: Apple, Nvidia, Microsoft, iShares NASDAQ 100 ETF Put Options (QQQ.US,PUT), and SPDR S&P 500 Index ETF.
The top five sold symbols in terms of holdings proportion were: SPDR S&P 500 Index ETF Put Options (SPY.US,PUT), iShares Russell 2000 Index ETF Call Options (IWM.US,CALL), iShares Russell 2000 Index ETF Put Options (IWM.US,PUT), Invesco QQQ Trust Call Options (QQQ.US,CALL), and Lowe's Companies (LOW.US).