Wells Fargo increases Strategy Inc. stake to $185 million

Recent SEC 13F filings reveal shifting institutional positions regarding Wells Fargo & Company and its investment activities. PFG Advisors reduced its stake in Wells Fargo by 16.1% during the second quarter, leaving the firm with 99,763 shares valued at approximately $8,244,000.

In a separate move detailed in Q1 2026 filings, Wells Fargo significantly increased its position in Strategy Inc. (formerly MicroStrategy). The bank more than doubled its holdings, increasing its stake by 150% to approximately 726,000 shares. This position is estimated to be worth roughly $185 million. Strategy Inc. serves as a major corporate proxy for Bitcoin exposure, holding over 815,000 BTC in its treasury.

Other institutional shifts involving Wells Fargo include Brighton Jones LLC, Jump Financial LLC, Main Street Financial Solutions LLC, Vivaldi Capital Management LP, and Diversify Advisory Services LLC, which reported varying increases or decreases in their respective holdings of the bank's stock during recent quarters.