WELLS FARGO CO NEW WFC
COM · Common Stock · CUSIP 949746101 · ISIN US9497461015
American multinational banking and financial services company
- SectorFinancials
- IndustryNational Commercial Banks
- HeadquartersSan Francisco, CA
- Founded1852
- Websitewellsfargo.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($711.9m this quarter). Holder counts are more reliable. Shares outstanding: 3.4bn as of 2024-07-23, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $59.38. Options: 64 managers hold calls ($3.2bn notional), 67 hold puts ($3.7bn).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 1,966 |
| Q4 2022 | 2,071 |
| Q1 2023 | 1,996 |
| Q2 2023 | 1,998 |
| Q3 2023 | 1,979 |
| Q4 2023 | 2,156 |
| Q1 2024 | 2,205 |
| Q2 2024 | 2,265 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 872 | 904 |
| Q1 2023 | 886 | 972 |
| Q2 2023 | 773 | 1,055 |
| Q3 2023 | 820 | 946 |
| Q4 2023 | 856 | 1,008 |
| Q1 2024 | 893 | 1,101 |
| Q2 2024 | 947 | 1,020 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $2.8bn | $5.8bn | 2.11 |
| Q4 2023 | $3.2bn | $4.1bn | 1.29 |
| Q1 2024 | $3.7bn | $4.1bn | 1.11 |
| Q2 2024 | $3.2bn | $3.7bn | 1.15 |
Biggest buyers
| WELLINGTON MANAGEMENT GROUP LLP | Added | +11.7m |
| MILLENNIUM MANAGEMENT LLC | Added | +11.0m |
| Amundi | Added | +6.1m |
| Balyasny Asset Management L.P. | Added | +4.8m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +3.8m |
| JPMORGAN CHASE & CO | Added | +3.4m |
| CITADEL ADVISORS LLC | Added | +3.1m |
| JANE STREET GROUP, LLC | Added | +2.4m |
| MARSHALL WACE, LLP | Added | +2.3m |
| FMR LLC | Added | +2.3m |
Biggest sellers
| MORGAN STANLEY | Reduced | -77.6m |
| Sanders Capital, LLC | Reduced | -24.9m |
| Dodge & Cox | Reduced | -22.9m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -13.4m |
| EAGLE CAPITAL MANAGEMENT LLC | Reduced | -8.9m |
| Capital World Investors | Reduced | -8.8m |
| Davis Selected Advisers | Reduced | -8.2m |
| VANGUARD GROUP INC | Reduced | -7.0m |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | Reduced | -6.5m |
| VOYA INVESTMENT MANAGEMENT LLC | Reduced | -6.0m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $469.1m7.9m shares |
| CITADEL ADVISORS LLC | Added | $355.2m6.0m shares |
| BANK OF AMERICA CORP /DE/ | Reduced | $236.9m4.0m shares |
| BARCLAYS PLC | Added | $220.2m3.7m shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $175.6m3.0m shares |
| D. E. Shaw & Co., Inc. | Added | $154.2m2.6m shares |
| CITIGROUP INC | Reduced | $135.8m2.3m shares |
| SIMPLEX TRADING, LLC | Reduced | $124.9m2.1m shares |
| GOLDMAN SACHS GROUP INC | Reduced | $114.5m1.9m shares |
| Parallax Volatility Advisers, L.P. | Reduced | $110.0m1.9m shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $391.9m6.6m shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $349.7m5.9m shares |
| JPMORGAN CHASE & CO | Added | $243.2m4.1m shares |
| CITADEL ADVISORS LLC | Reduced | $230.7m3.9m shares |
| JANE STREET GROUP, LLC | Reduced | $226.5m3.8m shares |
| BANK OF AMERICA CORP /DE/ | Reduced | $204.6m3.4m shares |
| D. E. Shaw & Co., Inc. | Reduced | $200.2m3.4m shares |
| Optiver Holding B.V. | Added | $183.7m3.1m shares |
| Parallax Volatility Advisers, L.P. | Reduced | $180.0m3.0m shares |
| GOLDMAN SACHS GROUP INC | Added | $143.1m2.4m shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 7.5% |
| FMR LLC 13G · institution filed 2025-04-07 | 5.8% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q2 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2022 | 2 | $3.8k | 0 | — | — |
| Q4 2022 | 2 | $575 | 1 | $81 | — |
| Q1 2023 | 1 | $1.5k | 1 | $1.6m | — |
| Q2 2023 | 0 | — | 0 | — | — |
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 1 | $144.3k | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.35% of their portfolio | 310.7m $18.5bn | Reduced -7.0m |
| BlackRock Inc. 0.34% of their portfolio | 254.0m $15.1bn | Reduced -5.4m |
| JPMORGAN CHASE & CO 0.59% of their portfolio | 231.1m $13.7bn | Added +3.4m |
| FMR LLC 0.72% of their portfolio | 189.1m $11.2bn | Added +2.3m |
| STATE STREET CORP 0.37% of their portfolio | 143.2m $8.5bn | Reduced -3.5m |
| Dodge & Cox 3.29% of their portfolio | 92.3m $5.5bn | Reduced -22.9m |
| WELLINGTON MANAGEMENT GROUP LLP 0.76% of their portfolio | 71.8m $4.3bn | Added +11.7m |
| GEODE CAPITAL MANAGEMENT, LLC 0.37% of their portfolio | 71.5m $4.2bn | Reduced -252.2k |
| Capital International Investors 0.68% of their portfolio | 55.7m $3.3bn | Reduced -3.7m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.33% of their portfolio | 45.9m $2.7bn | Reduced -13.4m |
| NORGES BANK 0.40% of their portfolio | 45.0m $2.7bn | Reduced -4.2m |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 2.38% of their portfolio | 44.3m $2.6bn | Reduced -1.0m |
| MORGAN STANLEY 0.19% of their portfolio | 41.0m $2.4bn | Reduced -77.6m |
| Invesco Ltd. 0.48% of their portfolio | 38.0m $2.3bn | Reduced -2.0m |
| PRIMECAP MANAGEMENT CO/CA/ 1.60% of their portfolio | 37.2m $2.2bn | Reduced -5.2m |
| AMERIPRISE FINANCIAL INC 0.58% of their portfolio | 35.9m $2.1bn | Reduced -1.6m |
| NORTHERN TRUST CORP 0.33% of their portfolio | 32.8m $1.9bn | Reduced -542.8k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 1.58% of their portfolio | 30.2m $1.8bn | Reduced -780.1k |
| Nuveen Asset Management, LLC 0.51% of their portfolio | 29.2m $1.7bn | Reduced -519.1k |
| BANK OF AMERICA CORP /DE/ 0.14% of their portfolio | 23.8m $1.4bn | Added +647.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.26% of their portfolio | 22.9m $1.4bn | Reduced -489.6k |
| Bank of New York Mellon Corp 0.25% of their portfolio | 22.4m $1.3bn | Reduced -1.3m |
| HARRIS ASSOCIATES L P 2.15% of their portfolio | 21.4m $1.3bn | Reduced -1.3m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.36% of their portfolio | 20.9m $1.2bn | Added +3.8m |
| DIMENSIONAL FUND ADVISORS LP 0.31% of their portfolio | 19.8m $1.2bn | Added +832.0k |
| Legal & General Group Plc 0.30% of their portfolio | 17.8m $1.1bn | Reduced -1.7m |
| ALLIANCEBERNSTEIN L.P. 0.37% of their portfolio | 17.7m $1.1bn | Reduced -4.0m |
| PZENA INVESTMENT MANAGEMENT LLC 3.28% of their portfolio | 15.7m $932.8m | Reduced -1.4m |
| Davis Selected Advisers 5.30% of their portfolio | 15.4m $911.6m | Reduced -8.2m |
| GOLDMAN SACHS GROUP INC 0.17% of their portfolio | 14.9m $885.5m | Added +545.0k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 2.90% of their portfolio | 14.0m $830.3m | Reduced -2.4m |
| Capital World Investors 0.13% of their portfolio | 13.8m $821.4m | Reduced -8.8m |
| MILLENNIUM MANAGEMENT LLC 0.67% of their portfolio | 13.8m $817.8m | Added +11.0m |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.79% of their portfolio | 12.1m $717.2m | Reduced -6.5m |
| Boston Partners 0.87% of their portfolio | 11.9m $704.3m | Reduced -87.2k |
| EAGLE CAPITAL MANAGEMENT LLC 2.61% of their portfolio | 11.8m $702.8m | Reduced -8.9m |
| Amundi 0.27% of their portfolio | 11.5m $699.0m | Added +6.1m |
| BARCLAYS PLC 0.30% of their portfolio | 11.1m $661.1m | Reduced -2.8m |
| DEUTSCHE BANK AG\ 0.29% of their portfolio | 10.9m $648.1m | Added +1.2m |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC 1.97% of their portfolio | 9.7m $578.0m | Reduced -589.6k |
| Grantham, Mayo, Van Otterloo & Co. LLC 1.91% of their portfolio | 9.5m $566.5m | Added +598.3k |
| UBS Group AG 0.16% of their portfolio | 8.6m $512.4m | Added +1.4m |
| HSBC HOLDINGS PLC 0.33% of their portfolio | 8.6m $507.9m | Added +355.9k |
| LSV ASSET MANAGEMENT 1.08% of their portfolio | 8.3m $492.3m | Reduced -454.4k |
| Sumitomo Mitsui Trust Group, Inc. 0.36% of their portfolio | 8.3m $490.9m | Reduced -239.5k |
| ROYAL BANK OF CANADA 0.12% of their portfolio | 8.2m $487.1m | Reduced -798.3k |
| California Public Employees Retirement System 0.34% of their portfolio | 7.7m $456.8m | Added +631.4k |
| BANK OF MONTREAL /CAN/ 0.14% of their portfolio | 7.5m $466.7m | Reduced -195.4k |
| APG Asset Management N.V. 0.70% of their portfolio | 7.1m $390.8m | Reduced -1.3m |
| LAZARD ASSET MANAGEMENT LLC 0.51% of their portfolio | 6.9m $408.4m | Reduced -1.3m |
| Diamond Hill Capital Management, LLC (Investment Advisor) 1.65% of their portfolio | 6.5m $384.8m | Reduced -306.3k |
| RHUMBLINE ADVISERS 0.35% of their portfolio | 6.3m $374.2m | Reduced -59.5k |
| National Pension Service 0.40% of their portfolio | 5.9m $349.9m | Reduced -17.6k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.42% of their portfolio | 5.7m $340.0m | Reduced -168.3k |
| AMERICAN CENTURY COMPANIES INC 0.21% of their portfolio | 5.7m $338.8m | Reduced -673.4k |
| LORD, ABBETT & CO. LLC 0.55% of their portfolio | 5.6m $331.2m | Added +11.3k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.43% of their portfolio | 5.6m $329.6m | Reduced -659.3k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.30% of their portfolio | 5.3m $316.8m | Reduced -776.8k |
| First Pacific Advisors, LP 4.24% of their portfolio | 5.3m $313.5m | Added +108.5k |
| NORDEA INVESTMENT MANAGEMENT AB 0.34% of their portfolio | 4.9m $290.9m | Reduced -43.6k |
| FIL Ltd 0.29% of their portfolio | 4.9m $291.8m | Added +372 |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.35% of their portfolio | 4.8m $284.9m | Added +388.1k |
| Balyasny Asset Management L.P. 0.73% of their portfolio | 4.8m $284.3m | Added +4.8m |
| PRUDENTIAL FINANCIAL INC 0.42% of their portfolio | 4.7m $279.4m | Reduced -586.1k |
| Theleme Partners LLP 13.74% of their portfolio | 4.7m $276.3m | Reduced -1.3m |
| PRINCIPAL FINANCIAL GROUP INC 0.15% of their portfolio | 4.4m $259.7m | Reduced -175.2k |
| NEUBERGER BERMAN GROUP LLC 0.20% of their portfolio | 4.2m $247.3m | Reduced -773.9k |
| Ensign Peak Advisors, Inc 0.44% of their portfolio | 4.0m $240.4m | Reduced -443.6k |
| PANAGORA ASSET MANAGEMENT INC 1.19% of their portfolio | 4.0m $237.3m | Reduced -25.9k |
| BRANDES INVESTMENT PARTNERS, LP 2.85% of their portfolio | 3.9m $231.3m | Reduced -547.9k |
| Thrivent Financial for Lutherans 0.47% of their portfolio | 3.9m $231.3m | Reduced -48.8k |
| Russell Investments Group, Ltd. 0.37% of their portfolio | 3.9m $229.0m | Reduced -783.1k |
| ENVESTNET ASSET MANAGEMENT INC 0.08% of their portfolio | 3.9m $229.9m | Reduced -19.9k |
| JANE STREET GROUP, LLC 0.24% of their portfolio | 3.7m $221.9m | Added +2.4m |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.43% of their portfolio | 3.7m $217.9m | Reduced -675.4k |
| BNP PARIBAS FINANCIAL MARKETS 0.23% of their portfolio | 3.6m $211.0m | Reduced -361.8k |
| CITIGROUP INC 0.20% of their portfolio | 3.5m $208.3m | Added +230.7k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.44% of their portfolio | 3.5m $207.5m | Reduced -283.5k |
| CITADEL ADVISORS LLC 0.20% of their portfolio | 3.5m $207.3m | Added +3.1m |
| FRANKLIN RESOURCES INC 0.06% of their portfolio | 3.5m $205.2m | Added +244.4k |
| Baird Financial Group, Inc. 0.42% of their portfolio | 3.4m $203.0m | Added +119.9k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.20% of their portfolio | 3.4m $202.2m | Reduced -1.7m |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.37% of their portfolio | 3.3m $198.6m | Reduced -188.4k |
| NATIONAL BANK OF CANADA /FI/ 0.30% of their portfolio | 3.2m $195.4m | Added +1.3m |
| RAYMOND JAMES & ASSOCIATES 0.12% of their portfolio | 3.1m $183.3m | Reduced -179.7k |
| Rokos Capital Management LLP 3.99% of their portfolio | 2.9m $173.2m | Added +296.6k |
| Allianz Asset Management GmbH 0.28% of their portfolio | 2.9m $171.1m | Added +492.5k |
| NATIXIS ADVISORS, LLC 0.37% of their portfolio | 2.9m $170.2m | Added +204.7k |
| Brandywine Global Investment Management, LLC 1.27% of their portfolio | 2.9m $169.4m | Reduced -120.5k |
| Qube Research & Technologies Ltd 0.31% of their portfolio | 2.8m $167.5m | Added +2.2m |
| STIFEL FINANCIAL CORP 0.18% of their portfolio | 2.7m $162.9m | Reduced -142.7k |
| TORONTO DOMINION BANK 0.25% of their portfolio | 2.6m $154.2m | Reduced -269.8k |
| EQUITY INVESTMENT CORP 3.85% of their portfolio | 2.5m $150.8m | Reduced -51.2k |
| YACKTMAN ASSET MANAGEMENT LP 1.40% of their portfolio | 2.5m $148.8m | Reduced -35.7k |
| MAIRS & POWER INC 1.38% of their portfolio | 2.4m $142.9m | Reduced -261.6k |
| US BANCORP \DE\ 0.19% of their portfolio | 2.4m $141.9m | Reduced -31.0k |
| Mondrian Investment Partners LTD 2.17% of their portfolio | 2.4m $141.0m | Reduced -340.3k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.41% of their portfolio | 2.3m $139.0m | Added +660.8k |
| MARSHALL WACE, LLP 0.20% of their portfolio | 2.3m $138.5m | Added +2.3m |
| VICTORY CAPITAL MANAGEMENT INC 0.14% of their portfolio | 2.3m $137.4m | Reduced -357.7k |