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 ($284.3m this quarter). Holder counts are more reliable. Shares outstanding: 3.2bn as of 2025-07-23, 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 ≈ $80.14. Options: 77 managers hold calls ($4.6bn notional), 76 hold puts ($5.7bn).
Trends to Q2 2025
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 |
| Q3 2024 | 2,249 |
| Q4 2024 | 2,563 |
| Q1 2025 | 2,561 |
| Q2 2025 | 2,634 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 820 | 946 |
| Q4 2023 | 856 | 1,008 |
| Q1 2024 | 893 | 1,101 |
| Q2 2024 | 947 | 1,020 |
| Q3 2024 | 912 | 1,088 |
| Q4 2024 | 1,106 | 1,035 |
| Q1 2025 | 1,141 | 1,157 |
| Q2 2025 | 1,278 | 1,071 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $3.0bn | $3.8bn | 1.29 |
| Q4 2024 | $5.3bn | $4.6bn | 0.88 |
| Q1 2025 | $3.8bn | $4.0bn | 1.07 |
| Q2 2025 | $4.6bn | $5.7bn | 1.22 |
Biggest buyers
| ROYAL BANK OF CANADA | Added | +10.9m |
| Capital Research Global Investors | Added | +10.0m |
| BANK OF AMERICA CORP /DE/ | Added | +7.8m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Added | +5.9m |
| Aristotle Capital Management, LLC | Added | +5.3m |
| D. E. Shaw & Co., Inc. | Added | +4.0m |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +3.7m |
| MORGAN STANLEY | Added | +2.3m |
| Amundi | Added | +2.2m |
| VICTORY CAPITAL MANAGEMENT INC | Added | +2.0m |
Biggest sellers
| MILLENNIUM MANAGEMENT LLC | Reduced | -7.9m |
| Dodge & Cox | Reduced | -6.9m |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | Reduced | -6.1m |
| BlackRock, Inc. | Reduced | -6.0m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -5.9m |
| BARCLAYS PLC | Reduced | -5.4m |
| CITADEL ADVISORS LLC | Reduced | -5.2m |
| Capital International Investors | Reduced | -4.7m |
| Balyasny Asset Management L.P. | Reduced | -4.1m |
| FMR LLC | Reduced | -4.0m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $739.1m9.2m shares |
| CITADEL ADVISORS LLC | Reduced | $502.6m6.3m shares |
| JANE STREET GROUP, LLC | Added | $363.9m4.5m shares |
| BANK OF AMERICA CORP /DE/ | Added | $286.8m3.6m shares |
| BlackRock, Inc. | New | $230.6m2.9m shares |
| Optiver Holding B.V. | Added | $204.1m2.5m shares |
| SIMPLEX TRADING, LLC | Added | $200.7m2.5m shares |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | Reduced | $187.6m2.3m shares |
| D. E. Shaw & Co., Inc. | Added | $157.8m2.0m shares |
| IMC-Chicago, LLC | Added | $148.8m1.9m shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $838.4m10.5m shares |
| JANE STREET GROUP, LLC | Added | $570.2m7.1m shares |
| ROYAL BANK OF CANADA | Added | $517.2m6.5m shares |
| CITADEL ADVISORS LLC | Reduced | $386.0m4.8m shares |
| MILLENNIUM MANAGEMENT LLC | Added | $313.2m3.9m shares |
| Optiver Holding B.V. | Added | $237.5m3.0m shares |
| BANK OF AMERICA CORP /DE/ | Added | $226.9m2.8m shares |
| SIMPLEX TRADING, LLC | Added | $196.3m2.4m shares |
| JPMORGAN CHASE & CO | Reduced | $165.2m2.1m shares |
| BARCLAYS PLC | Added | $164.9m2.1m 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 2025
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 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 1 | $144.3k | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 2 | $6.0m | — |
| Q1 2025 | 0 | — | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
None reported in Q2 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.39% of their portfolio | 302.1m $24.2bn | Added +1.3m |
| BlackRock, Inc. 0.39% of their portfolio | 256.7m $20.6bn | Reduced -6.0m |
| FMR LLC 0.91% of their portfolio | 201.3m $16.1bn | Reduced -4.0m |
| JPMORGAN CHASE & CO 0.78% of their portfolio | 140.9m $11.3bn | Reduced -1.7m |
| STATE STREET CORP 0.42% of their portfolio | 139.3m $11.2bn | Reduced -2.5m |
| WELLINGTON MANAGEMENT GROUP LLP 1.09% of their portfolio | 74.7m $6.0bn | Added +3.7m |
| GEODE CAPITAL MANAGEMENT, LLC 0.41% of their portfolio | 73.7m $5.9bn | Added +130.4k |
| MORGAN STANLEY 0.27% of their portfolio | 51.1m $4.1bn | Added +2.3m |
| Dodge & Cox 2.28% of their portfolio | 50.7m $4.1bn | Reduced -6.9m |
| NORGES BANK 0.50% of their portfolio | 49.8m $4.0bn | Reduced -96.0k |
| BANK OF AMERICA CORP /DE/ 0.32% of their portfolio | 49.0m $3.9bn | Added +7.8m |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 2.93% of their portfolio | 41.4m $3.3bn | Reduced -199.2k |
| Invesco Ltd. 0.50% of their portfolio | 36.3m $2.9bn | Reduced -459.5k |
| Capital International Investors 0.49% of their portfolio | 35.8m $2.9bn | Reduced -4.7m |
| NORTHERN TRUST CORP 0.36% of their portfolio | 32.8m $2.6bn | Reduced -1.0m |
| Capital Research Global Investors 0.48% of their portfolio | 30.1m $2.4bn | Added +10.0m |
| Nuveen, LLC 0.63% of their portfolio | 28.3m $2.3bn | Added +608.2k |
| AMERIPRISE FINANCIAL INC 0.55% of their portfolio | 27.9m $2.2bn | Reduced -1.1m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.24% of their portfolio | 26.4m $2.1bn | Reduced -5.9m |
| ROYAL BANK OF CANADA 0.18% of their portfolio | 22.9m $1.8bn | Added +10.9m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.30% of their portfolio | 21.5m $1.7bn | Reduced -132.9k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.34% of their portfolio | 20.8m $1.7bn | Added +1.2m |
| Legal & General Group Plc 0.41% of their portfolio | 20.6m $1.7bn | Reduced -578.1k |
| DIMENSIONAL FUND ADVISORS LP 0.37% of their portfolio | 20.0m $1.6bn | Reduced -485.2k |
| GOLDMAN SACHS GROUP INC 0.26% of their portfolio | 19.7m $1.6bn | Added +192.8k |
| Capital World Investors 0.22% of their portfolio | 18.7m $1.5bn | Reduced -122.4k |
| Bank of New York Mellon Corp 0.28% of their portfolio | 18.2m $1.5bn | Reduced -1.6m |
| PRIMECAP MANAGEMENT CO/CA/ 1.15% of their portfolio | 18.2m $1.5bn | Reduced -3.7m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.42% of their portfolio | 16.6m $1.3bn | Added +5.9m |
| ALLIANCEBERNSTEIN L.P. 0.43% of their portfolio | 16.6m $1.3bn | Reduced -35.0k |
| FRANKLIN RESOURCES INC 0.33% of their portfolio | 15.4m $1.2bn | Reduced -25.9k |
| Amundi 0.40% of their portfolio | 14.2m $1.2bn | Added +2.2m |
| UBS Group AG 0.20% of their portfolio | 11.8m $942.8m | Reduced -2.2m |
| HARRIS ASSOCIATES L P 1.49% of their portfolio | 11.5m $918.8m | Reduced -313.8k |
| DEUTSCHE BANK AG\ 0.34% of their portfolio | 11.4m $910.8m | Added +1.8m |
| PZENA INVESTMENT MANAGEMENT LLC 2.70% of their portfolio | 10.4m $831.0m | Added +542.5k |
| VOYA INVESTMENT MANAGEMENT LLC 0.76% of their portfolio | 9.6m $768.4m | Reduced -3.0m |
| BARCLAYS PLC 0.30% of their portfolio | 9.4m $752.2m | Reduced -5.4m |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 2.35% of their portfolio | 9.0m $724.4m | Reduced -780.2k |
| Boston Partners 0.80% of their portfolio | 9.0m $716.6m | Added +1.1k |
| Grantham, Mayo, Van Otterloo & Co. LLC 2.05% of their portfolio | 8.5m $678.6m | Added +88.4k |
| Davis Selected Advisers 3.50% of their portfolio | 8.2m $655.1m | Reduced -292.2k |
| Sumitomo Mitsui Trust Group, Inc. 0.37% of their portfolio | 7.5m $601.6m | Added +172.2k |
| HSBC HOLDINGS PLC 0.36% of their portfolio | 7.1m $568.6m | Reduced -500.9k |
| LSV ASSET MANAGEMENT 1.28% of their portfolio | 6.8m $547.3m | Reduced -256.3k |
| NEUBERGER BERMAN GROUP LLC 0.40% of their portfolio | 6.5m $519.6m | Reduced -101.4k |
| National Pension Service 0.44% of their portfolio | 6.4m $514.1m | Added +8.0k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.40% of their portfolio | 6.2m $497.7m | Added +201.9k |
| California Public Employees Retirement System 0.32% of their portfolio | 6.2m $496.5m | Reduced -355.3k |
| RHUMBLINE ADVISERS 0.40% of their portfolio | 5.8m $464.2m | Reduced -280.3k |
| NORDEA INVESTMENT MANAGEMENT AB 0.43% of their portfolio | 5.8m $466.0m | Reduced -156.1k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.47% of their portfolio | 5.7m $455.5m | Reduced -6.1m |
| D. E. Shaw & Co., Inc. 0.45% of their portfolio | 5.7m $453.7m | Added +4.0m |
| JANE STREET GROUP, LLC 0.72% of their portfolio | 5.6m $446.0m | Reduced -762.6k |
| EAGLE CAPITAL MANAGEMENT LLC 1.41% of their portfolio | 5.4m $429.2m | Reduced -3.1m |
| Aristotle Capital Management, LLC 0.82% of their portfolio | 5.3m $428.3m | Added +5.3m |
| ENVESTNET ASSET MANAGEMENT INC 0.12% of their portfolio | 5.3m $421.0m | Added +586.3k |
| RAYMOND JAMES FINANCIAL INC 0.14% of their portfolio | 5.1m $411.6m | Added +710.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.45% of their portfolio | 5.1m $408.8m | Reduced -30.4k |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC 1.31% of their portfolio | 4.8m $387.4m | Reduced -6.3k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.50% of their portfolio | 4.7m $376.9m | Reduced -74.9k |
| Ensign Peak Advisors, Inc 0.64% of their portfolio | 4.6m $372.4m | Added +111.6k |
| LORD, ABBETT & CO. LLC 1.12% of their portfolio | 4.4m $348.8m | Added +1.4m |
| CANADA PENSION PLAN INVESTMENT BOARD 0.29% of their portfolio | 4.3m $342.2m | Reduced -1.0m |
| CITIGROUP INC 0.23% of their portfolio | 4.2m $336.0m | Added +147.6k |
| BANK OF MONTREAL /CAN/ 0.17% of their portfolio | 4.1m $331.8m | Reduced -792.4k |
| FIL Ltd 0.28% of their portfolio | 4.1m $329.5m | Added +8.5k |
| BNP PARIBAS FINANCIAL MARKETS 0.25% of their portfolio | 4.1m $327.4m | Added +84.6k |
| 1832 Asset Management L.P. 0.55% of their portfolio | 3.9m $315.1m | Added +692.0k |
| Baird Financial Group, Inc. 0.55% of their portfolio | 3.9m $314.1m | Added +161.4k |
| Thrivent Financial for Lutherans 0.66% of their portfolio | 3.8m $301.1m | Added +6.8k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.26% of their portfolio | 3.6m $288.7m | Reduced -593.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.15% of their portfolio | 3.6m $287.8m | Reduced -1.3m |
| Korea Investment CORP 0.64% of their portfolio | 3.6m $286.0m | Added +286.9k |
| Bridgewater Associates, LP 1.15% of their portfolio | 3.5m $284.3m | Added +132.4k |
| AMERICAN CENTURY COMPANIES INC 0.15% of their portfolio | 3.4m $275.6m | Reduced -2.4m |
| Canoe Financial LP 3.87% of their portfolio | 3.4m $271.9m | Added +604.9k |
| Allianz Asset Management GmbH 0.36% of their portfolio | 3.4m $268.5m | Reduced -85.6k |
| NATIXIS ADVISORS, LLC 0.42% of their portfolio | 3.3m $267.9m | Added +775.3k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.46% of their portfolio | 3.2m $260.3m | Reduced -19.7k |
| HighTower Advisors, LLC 0.32% of their portfolio | 3.2m $256.5m | Added +174.2k |
| VICTORY CAPITAL MANAGEMENT INC 0.16% of their portfolio | 3.2m $253.5m | Added +2.0m |
| Brandywine Global Investment Management, LLC 1.77% of their portfolio | 3.1m $251.5m | Added +202.5k |
| Russell Investments Group, Ltd. 0.31% of their portfolio | 3.1m $245.6m | Reduced -9.3k |
| Caisse de depot et placement du Quebec 0.52% of their portfolio | 3.0m $243.3m | Reduced -555.1k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.40% of their portfolio | 3.0m $236.4m | Added +118.4k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.41% of their portfolio | 2.9m $233.7m | Added +89.8k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.48% of their portfolio | 2.9m $229.5m | Added +4.2k |
| PRUDENTIAL FINANCIAL INC 0.29% of their portfolio | 2.8m $226.5m | Reduced -327.5k |
| DANSKE BANK A/S 0.56% of their portfolio | 2.8m $226.4m | Added +19.5k |
| STIFEL FINANCIAL CORP 0.22% of their portfolio | 2.8m $225.2m | Added +153.6k |
| BRANDES INVESTMENT PARTNERS, LP 2.02% of their portfolio | 2.8m $223.4m | Reduced -93.8k |
| Theleme Partners LLP 12.87% of their portfolio | 2.6m $211.8m | Added +520.0k |
| LPL Financial LLC 0.07% of their portfolio | 2.5m $204.2m | Added +322.9k |
| NATIONAL BANK OF CANADA /FI/ 0.22% of their portfolio | 2.5m $203.0m | Reduced -2.0m |
| Artisan Partners Limited Partnership 0.29% of their portfolio | 2.5m $197.6m | Added +169.8k |
| AVIVA PLC 0.40% of their portfolio | 2.4m $195.3m | Added +607.0k |
| WELLS FARGO & COMPANY/MN 0.04% of their portfolio | 2.4m $189.4m | Added +446.2k |
| TRUIST FINANCIAL CORP 0.28% of their portfolio | 2.4m $189.3m | Added +184.3k |
| GREAT LAKES ADVISORS, LLC 1.53% of their portfolio | 2.3m $182.8m | Reduced -35.1k |