Chevy Chase Trust Holdings Reduces Wells Fargo Stake

Institutional investor cuts holdings in financial services provider by 5.1% in Q3 2025

Mar. 15, 2026 at 12:10pm by Ben Kaplan

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Chevy Chase Trust Holdings LLC reduced its stake in Wells Fargo & Company (NYSE:WFC) by 5.1% during the third quarter of 2025, according to a recent SEC filing. The institutional investor now owns 1,642,903 shares of the financial services provider's stock, valued at approximately $137.71 million.

Why it matters

This reduction in Chevy Chase Trust's Wells Fargo holdings provides insight into the investment decisions of a major institutional investor and could signal broader market sentiment around the bank's stock performance and outlook.

The details

Chevy Chase Trust Holdings sold 88,091 shares of Wells Fargo stock during the third quarter, bringing its total position down to 1,642,903 shares. The firm now owns approximately 0.05% of Wells Fargo's outstanding shares. Several other hedge funds have also adjusted their Wells Fargo positions in recent quarters, with some increasing and others decreasing their stakes.

  • Chevy Chase Trust Holdings reduced its Wells Fargo holdings in Q3 2025.

The players

Chevy Chase Trust Holdings LLC

An institutional investment firm that manages a diversified portfolio of stocks, including a significant position in Wells Fargo & Company.

Wells Fargo & Company

A major U.S. financial services company headquartered in San Francisco, California, providing banking, investment, and mortgage products to individual and institutional clients.

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The takeaway

This reduction in Chevy Chase Trust's Wells Fargo holdings suggests the firm may have concerns about the bank's near-term performance or outlook, though its overall position remains substantial. Investors will likely watch for any further adjustments to major institutional stakes in Wells Fargo in the coming quarters.