Wells Fargo Shares Sold by Dimensional Fund Advisors

Asset manager reduces stake in financial services provider

Mar. 4, 2026 at 10:07am by Ben Kaplan

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Dimensional Fund Advisors LP, a major investment firm, decreased its position in Wells Fargo & Company by 0.2% in the third quarter, according to a recent 13F filing with the SEC. The fund owned nearly 20 million shares of the financial services provider's stock at the end of the reporting period.

Why it matters

This filing provides insight into the investment strategies of large institutional investors like Dimensional Fund Advisors and their views on the performance and outlook for major banking stocks like Wells Fargo.

The details

Dimensional Fund Advisors sold 41,322 shares of Wells Fargo during the third quarter, reducing its total stake to 19,970,924 shares. The firm's position in Wells Fargo represents about 0.4% of its overall portfolio.

  • Dimensional Fund Advisors filed its 13F report for the third quarter of 2026.

The players

Dimensional Fund Advisors LP

A major investment management firm that oversees over $600 billion in assets.

Wells Fargo & Company

A diversified financial services company headquartered in San Francisco, California.

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The takeaway

This filing suggests Dimensional Fund Advisors is taking a slightly more cautious stance on Wells Fargo, reducing its position in the stock despite the bank's recent performance. Investors will be watching to see if other large institutional investors follow suit or maintain their confidence in the company.