$1,120,000 of WELLS FARGO & COMPANY lobbying was just disclosed, from Q4 of 2024, in a new Lobbying Disclosure Act filing.
This included lobbying on issues like:
"Issues related to corporate taxation. Issues relating to Veterans programs. Issues pertaining to Banking Access; issues relating to banking in general; Payments Issues; issues pertaining to Federal Preemption; issues pertaining to Data Privacy; issues pertaining to Bank Capital Standards; Interchange Issues; issues pertaining to BSA/AML; HR. 3881/S. 1838, Credit Card Competition Act of 2023, all provisions; issues pertaining to Access to Capital. Issues relating to housing finance reform in general; issues relating to Mortgage Lending. Issues pertaining to SBA 7(a) and 504 programs and small business lending in general; issues pertaining to SBA Reauthorization."
You can find more data on corporate lobbying on Quiver Quantitative.
WFC Congressional Stock Trading
Members of Congress have traded $WFC stock 3 times in the past 6 months. Of those trades, 2 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $WFC stock by members of Congress over the last 6 months:
- SENATOR MITCH MCCONNELL has traded it 2 times. They made 2 purchases worth up to $30,000 on 12/02, 09/01 and 0 sales.
- REPRESENTATIVE JOHN JAMES sold up to $15,000 on 09/04.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
WFC Insider Trading Activity
WFC insiders have traded $WFC stock on the open market 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $WFC stock by insiders over the last 6 months:
- ATHER III WILLIAMS (Sr. Executive Vice President) sold 60,000 shares for an estimated $3,822,000
- BEURDEN SAUL VAN (Sr. Executive Vice President) sold 35,000 shares for an estimated $2,169,650
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
WFC Hedge Fund Activity
We have seen 936 institutional investors add shares of WFC stock to their portfolio, and 1,078 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- WELLINGTON MANAGEMENT GROUP LLP added 19,412,927 shares (+27.0%) to their portfolio in Q3 2024, for an estimated $1,096,636,246
- JPMORGAN CHASE & CO added 12,668,092 shares (+11.0%) to their portfolio in Q3 2024, for an estimated $715,620,517
- DZ BANK AG DEUTSCHE ZENTRAL GENOSSENSCHAFTS BANK, FRANKFURT AM MAIN removed 11,268,726 shares (-93.3%) from their portfolio in Q3 2024, for an estimated $636,570,331
- PRICE T ROWE ASSOCIATES INC /MD/ removed 9,511,120 shares (-20.7%) from their portfolio in Q3 2024, for an estimated $537,283,168
- APG ASSET MANAGEMENT N.V. removed 7,053,152 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $398,432,556
- FMR LLC added 6,858,465 shares (+3.6%) to their portfolio in Q3 2024, for an estimated $387,434,687
- CAPITAL INTERNATIONAL INVESTORS removed 6,754,602 shares (-12.1%) from their portfolio in Q3 2024, for an estimated $381,567,466
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
