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Wells Fargo & Co Bets on Continued Tech Rally: Q3 Increase in 'Magnificent Seven' Holdings and Significant Purchase of Nasdaq Call Options

Zhitong Finance ·  Nov 14, 2025 18:30

According to a disclosure by the U.S. Securities and Exchange Commission (SEC), Wells Fargo & Co submitted its third-quarter holdings report (13F) as of September 30, 2025.

According to the disclosure by the U.S. Securities and Exchange Commission (SEC), $Wells Fargo & Co (WFC.US)$ filed the third-quarter holdings report (13F) as of September 30, 2025.

Statistics show that the total market value of Wells Fargo's third-quarter portfolio was $530 billion, compared to $483 billion in the previous quarter, marking a 2.02% increase quarter-over-quarter. During the third quarter, Wells Fargo added 501 new individual stocks to its portfolio, increased holdings in 3,686 stocks, reduced holdings in 2,068 stocks, and completely divested from 562 stocks. The top ten holdings accounted for 19.54% of the total portfolio value.

Among the top five largest holdings, $Microsoft (MSFT.US)$ ranked first with a holding of approximately 33.72 million shares, representing a market value of approximately $17.47 billion. The number of shares held increased by 1.89% compared to the previous quarter, accounting for 3.32% of the investment portfolio.

$Apple (AAPL.US)$ ranked second with a holding of approximately 59.99 million shares, representing a market value of approximately $15.27 billion. The number of shares held increased by 3.85% compared to the previous quarter, accounting for 2.90% of the investment portfolio.

$iShares Core S&P 500 ETF (IVV.US)$ Ranked third with a holding of approximately 18.75 million shares, equivalent to a market value of approximately $12.55 billion. The number of shares held increased by 5.88% from the previous quarter, accounting for 2.39% of the investment portfolio.

$NVIDIA (NVDA.US)$ Ranked fourth with a holding of approximately 59.79 million shares, equivalent to a market value of approximately $11.16 billion. The number of shares held increased by 4.32% from the previous quarter, accounting for 2.12% of the investment portfolio.

$iShares Core S&P Total US Stock Market ETF (ITOT.US)$ Ranked fifth with a holding of approximately 63.19 million shares, equivalent to a market value of approximately $9.20 billion. The number of shares held increased by 6.61% from the previous quarter, accounting for 1.75% of the investment portfolio.

In the third quarter, Wells Fargo & Co also increased its holdings in the other four companies of the 'Magnificent Seven'. $Alphabet-A (GOOGL.US)$$Amazon (AMZN.US)$$Meta Platforms (META.US)$ and $Tesla (TSLA.US)$ The holding quantities increased by 17.96%, 4.28%, 11.89%, and 24.07% respectively compared to the previous quarter. Meanwhile, the bank adjusted its Nasdaq index options holdings, which are mainly technology stocks, $Invesco QQQ Trust (QQQ.US)$ with call option holdings surging 66.40% from the previous quarter, $Invesco QQQ Trust (QQQ.US)$ while put option holdings decreased by 1.96%.

In terms of changes in holding proportions, the top five purchased assets were: Apple, Google, call options on Invesco QQQ Trust (Nasdaq 100 ETF), NVIDIA, $Broadcom (AVGO.US)$

The top five sold securities are as follows: $SPDR S&P 500 ETF (SPY.US)$$Accenture (ACN.US)$$iShares Russell 2000 ETF (IWM.US)$$Vanguard Russell 2000 ETF (VTWO.US)$$Chubb Ltd (CB.US)$

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