Wells Fargo Shares Bought by Oak Thistle LLC

Financial firm increases stake in banking giant by over 500%

Apr. 9, 2026 at 11:08am by Ben Kaplan

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An extreme close-up of various metal gears, levers, and mechanisms, conveying the complex, industrial nature of modern banking infrastructure.A close-up view of the intricate inner workings of the banking industry, reflecting investor confidence in the sector's stability and growth potential.San Francisco Today

Oak Thistle LLC, a financial services firm, significantly increased its position in Wells Fargo & Company (NYSE: WFC) during the fourth quarter of 2025, acquiring an additional 17,780 shares and bringing its total holdings to 21,033 shares worth $1.96 million.

Why it matters

This substantial investment by Oak Thistle in Wells Fargo highlights the firm's confidence in the bank's long-term prospects, even as Wells Fargo continues to navigate regulatory and reputational challenges stemming from past scandals. The move also reflects broader investor interest in the banking sector as interest rates rise and the economy shows signs of strength.

The details

According to a recent SEC filing, Oak Thistle LLC grew its position in Wells Fargo by 546.6% in the fourth quarter of 2025. The firm now owns 21,033 shares of the financial services provider's stock, up from just 3,253 shares held at the end of the prior quarter. Oak Thistle's total investment in Wells Fargo is now valued at $1.96 million.

  • Oak Thistle LLC increased its Wells Fargo stake in the fourth quarter of 2025.
  • The firm's latest 13F filing with the SEC was released on April 9, 2026.

The players

Oak Thistle LLC

A financial services firm that significantly increased its investment in Wells Fargo & Company during the fourth quarter of 2025.

Wells Fargo & Company

A diversified, U.S.-based financial services company headquartered in San Francisco, California.

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The takeaway

Oak Thistle's substantial investment in Wells Fargo suggests the firm sees long-term value in the bank, even as it continues to address past scandals. This move reflects broader investor optimism around the banking sector as the economy shows signs of strength.