Wells Fargo Reduces Holdings in Q3

CSM Advisors LLC cuts stake in financial services provider by 65.2%

Mar. 16, 2026 at 9:09am by Ben Kaplan

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CSM Advisors LLC, an investment management firm, reduced its position in Wells Fargo & Company (NYSE:WFC) by 65.2% during the third quarter of 2025, according to a recent 13F filing with the Securities and Exchange Commission. The firm now owns 48,119 shares of the financial services provider's stock, down from 138,227 shares held previously.

Why it matters

The reduction in CSM Advisors' Wells Fargo holdings reflects broader uncertainty around the bank's outlook, as it continues to navigate regulatory challenges and work to rebuild its reputation following past scandals. The move also highlights the shifting investment strategies of some institutional investors as they reassess their exposure to major financial institutions.

The details

According to the 13F filing, CSM Advisors sold 90,108 shares of Wells Fargo stock during the third quarter, leaving the firm with a remaining position valued at $4,031,000. The filing does not provide specific reasons for the portfolio changes, but the reduced stake suggests CSM Advisors may have concerns about the bank's near-term performance or long-term growth prospects.

  • CSM Advisors filed the 13F report disclosing the Wells Fargo stake reduction on March 16, 2026.
  • The portfolio changes occurred during the third quarter of 2025.

The players

CSM Advisors LLC

An investment management firm that previously held a significant position in Wells Fargo & Company.

Wells Fargo & Company

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

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The takeaway

The reduction in CSM Advisors' Wells Fargo holdings reflects ongoing uncertainty around the bank's outlook, as it continues to navigate regulatory challenges and work to rebuild its reputation. The move also highlights the shifting investment strategies of some institutional investors as they reassess their exposure to major financial institutions.