Wells Fargo Shares Bought by Oak Thistle LLC

Institutional investor increases stake in banking giant

Apr. 9, 2026 at 10:29am by Ben Kaplan

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Oak Thistle LLC, a financial services firm, significantly increased its position in Wells Fargo & Company (NYSE: WFC) during the fourth quarter of 2025. The fund added over 17,000 shares, growing its total stake in the bank by 546.6% to 21,033 shares worth approximately $1.96 million.

Why it matters

Wells Fargo has faced challenges in recent years, including regulatory issues and a decline in public trust. However, the increased investment by Oak Thistle suggests that some institutional investors see potential for the bank's recovery and future growth.

The details

According to a recent SEC filing, Oak Thistle LLC acquired an additional 17,780 shares of Wells Fargo during the fourth quarter of 2025, bringing its total position to 21,033 shares. This represents a significant 546.6% increase in the fund's holdings of the banking giant's stock.

  • Oak Thistle LLC disclosed the increased stake in a 13F filing for the fourth quarter of 2025.

The players

Oak Thistle LLC

A financial services firm that manages investments and provides advisory services.

Wells Fargo & Company

A major U.S. bank and financial services company headquartered in San Francisco, California.

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The takeaway

The increased investment by Oak Thistle LLC in Wells Fargo suggests that some institutional investors believe the bank is on the path to recovery and may present an attractive investment opportunity. However, Wells Fargo still faces ongoing challenges, and its long-term performance remains to be seen.