Wells Fargo Reduces AMZN Stake and Ups McDonald’s Shares in Quarterly Release

Wall St. Watchdog reveals information regarding Wells Fargo Co.’s top holdings in the Services sector for the quarter ending September 30th, 2011. The firm held 734 stocks in the Services sector at the end of the quarter with an aggregate market value of $17.162 billion.

  • Amazon.com Inc. (NASDAQ:AMZN): On 06/30/2011, Wells Fargo Co. reported holding 3,374,567 shares with a market value of $690,065,224. This comprised 0.47% of the total portfolio. On 09/30/2011, Wells Fargo Co. reported holding 3,330,254 shares with a market value of $720,100,808. This comprised 0.59% of the total portfolio. The net change in shares for this position over the two quarters is -44,313. About Company: Amazon.com, Inc. is an online retailer that offers a wide range of products. The Company’s products include books, music, videotapes, computers, electronics, home and garden, and numerous other products. Amazon offers personalized shopping services, Web-based credit card payment, and direct shipping to customers.
  • Mcdonald’s Corp. (NYSE:MCD): On 06/30/2011, Wells Fargo Co. reported holding 7,177,080 shares with a market value of $605,171,383. This comprised 0.42% of the total portfolio. On 09/30/2011, Wells Fargo Co. reported holding 7,447,470 shares with a market value of $654,036,813. This comprised 0.54% of the total portfolio. The net change in shares for this position over the two quarters is 270,390. About Company: McDonald’s Corporation operates and franchises fast-food restaurants worldwide. The Company’s franchised and company operated fast food restaurants offer a variety of low price fast foods in locations around the world.
  • Priceline.com Incorporated (NASDAQ:PCLN): On 06/30/2011, Wells Fargo Co. reported holding 1,119,976 shares with a market value of $573,349,305. This comprised 0.39% of the total portfolio. On 09/30/2011, Wells Fargo Co. reported holding 1,111,786 shares with a market value of $499,703,326. This comprised 0.41% of the total portfolio. The net change in shares for this position over the two quarters is -8,190. About Company: Priceline.com Incorporated enables consumers to use the Internet to save money on a variety of products and services. The Company’s product allows customers to name their own price on products or services and communicates that demand directly to participating sellers or to their private databases. Participants include domestic and international airlines, and hotel chains.
  • Union Pacific Corporation (NYSE:UNP): On 06/30/2011, Wells Fargo Co. reported holding 6,241,106 shares with a market value of $651,571,476. This comprised 0.45% of the total portfolio. On 09/30/2011, Wells Fargo Co. reported holding 6,049,645 shares with a market value of $494,074,496. This comprised 0.41% of the total portfolio. The net change in shares for this position over the two quarters is -191,461. About Company: Union Pacific Corporation is a rail transportation company. The Company’s railroad hauls a variety of goods, including agricultural, automotive, and chemical products. Union Pacific offers long-haul routes from all major West Coast and Gulf Coast ports to eastern gateways as well as connects with Canada’s rail systems and serves the major gateways to Mexico.
  • Target Corp. (NYSE:TGT): On 06/30/2011, Wells Fargo Co. reported holding 9,324,820 shares with a market value of $437,427,305. This comprised 0.3% of the total portfolio. On 09/30/2011, Wells Fargo Co. reported holding 9,481,558 shares with a market value of $464,975,613. This comprised 0.38% of the total portfolio. The net change in shares for this position over the two quarters is 156,738. About Company: Target Corporation operates general merchandise discount stores in the United States. The Company’s merchandising operations include general merchandise and food discount stores and a fully integrated online business. Target also offers credit to qualified applicants through its branded proprietary credit cards.
  • Mastercard Incorporated (NYSE:MA): On 06/30/2011, Wells Fargo Co. reported holding 1,175,668 shares with a market value of $354,275,791. This comprised 0.24% of the total portfolio. On 09/30/2011, Wells Fargo Co. reported holding 1,404,223 shares with a market value of $445,363,372. This comprised 0.37% of the total portfolio. The net change in shares for this position over the two quarters is 228,555. About Company: MasterCard, Inc. is a global payment solutions company that provides a variety of services in support of the credit, debit and related payment programs of financial institutions. The Company offers transaction processing services for credit and debit cards, electronic cash, automated teller machines, and travelers checks.
  • The Home Depot Inc. (NYSE:HD): On 06/30/2011, Wells Fargo Co. reported holding 12,382,786 shares with a market value of $448,504,524. This comprised 0.31% of the total portfolio. On 09/30/2011, Wells Fargo Co. reported holding 11,668,070 shares with a market value of $383,529,448. This comprised 0.31% of the total portfolio. The net change in shares for this position over the two quarters is -714,716. About Company: The Home Depot, Inc. is a home improvement retailer that sells building materials and home improvement products. The Company’s sell a wide assortment of building materials, home improvement and lawn and garden products and provide a number of services. Home Depot operates throughout the U.S. (including Puerto Rico, the Virgin Islands and Guam), Canada, China, and Mexico.
  • Visa Inc. (NYSE:V): On 06/30/2011, Wells Fargo Co. reported holding 4,886,454 shares with a market value of $411,732,624. This comprised 0.28% of the total portfolio. On 09/30/2011, Wells Fargo Co. reported holding 4,473,164 shares with a market value of $383,439,624. This comprised 0.31% of the total portfolio. The net change in shares for this position over the two quarters is -413,290. About Company: Visa Inc. operates a retail electronic payments network and manages global financial services. The Company also offers global commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses and government entities.
  • Directv (NASDAQ:DTV): On 06/30/2011, Wells Fargo Co. reported holding 7,338,351 shares with a market value of $372,934,996. This comprised 0.26% of the total portfolio. On 09/30/2011, Wells Fargo Co. reported holding 8,669,412 shares with a market value of $366,456,049. This comprised 0.3% of the total portfolio. The net change in shares for this position over the two quarters is 1,331,061. About Company: DIRECTV provides digital television entertainment in the United States and Latin America. The Company acquires, promotes, sells and distributes digital entertainment programming via satellite to residential and commercial subscribers.
  • Wal-mart Stores Inc. (NYSE:WMT): On 06/30/2011, Wells Fargo Co. reported holding 6,880,939 shares with a market value of $365,653,094. This comprised 0.25% of the total portfolio. On 09/30/2011, Wells Fargo Co. reported holding 7,006,330 shares with a market value of $363,628,538. This comprised 0.3% of the total portfolio. The net change in shares for this position over the two quarters is 125,391. About Company: Wal-Mart Stores, Inc. operates discount stores, supercenters, and neighborhood markets. The Company’s discount stores and supercenters offer merchandise such as apparel, housewares, small appliances, electronics, and hardware. Walmart’s markets offer a full-line supermarket and a limited assortment of general merchandise. The Company operates nationally and internationally.

(Note: Data regarding Wells Fargo Co.’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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