WELLS FARGO CO NEW

Wells Fargo's Q1 2026 institutional ownership is a $182.6B book across 2,718 holders. BlackRock is the largest holder at $20.8B (261.0M shares, -1.4%, -$3.7B from $24.5B); Vanguard combined across three entities totals $22.3B (Capital Management $16.0B NEW, Portfolio Management $4.9B NEW, Fiduciary Trust $1.4B NEW). FMR/Fidelity was the largest seller at -19.0% shares (-$4.4B from $23.2B to $18.8B). State Street cut -1.6% (-$2.0B); JPMorgan cut -1.3% (-$2.3B); Wellington cut -14.2% (-$1.5B); Capital International cut -9.7% (-$1.0B); Morgan Stanley cut -3.8% (-$878M); Ameriprise cut -11.3% (-$712M); Invesco cut -8.1% (-$703M); Dodge & Cox cut -6.3% (-$530M); Northern Trust cut -3.0% (-$482M); Nuveen cut -7.2% (-$478M). Capital Research Global surged from a $37M residual to $5.8B (+$2.3B, +2,417%) as the most dramatic new position. Geode added +$197M; Bank of America added +$252M; Charles Schwab added +$190M; Goldman Sachs added +$155M; Susquehanna added +$149M; UBS Group added +$245M; UBS AM added +$194M. The defining pattern is simultaneous broad-based reduction by mega-bank-and-passive holders offset by Capital Research Global's extraordinary emergence. The 75.50 whaleScore reflects AUM. Smart-money-signal read: WFC's Q1 2026 filing shows the most contradictory signal pattern in the current cohort -- every major passive-and-bank holder reduced simultaneously (BlackRock, Fidelity, State Street, JPMorgan, Wellington, Morgan Stanley, Invesco, Ameriprise, Dodge, Northern Trust, Nuveen) while Capital Research Global built a $5.8B new position from near-zero, suggesting a high-conviction active bet that stands in direct opposition to the institutional consensus. This divergence is the quarter's defining feature and likely reflects a post-regulatory-recovery thesis that only Capital Research Global is willing to act on at this scale.