Wells Fargo ups Strategy stake 125%

Wells Fargo’s reported move into a larger Strategy position is showing up in a familiar place: a quarterly Form 13F filing, not a press release or a policy statement. The bank’s filing for the quarter ended March 31, 2026 was signed on May 11 and submitted to the U.S. Securities and Exchange Commission, which is where large institutional managers disclose many U.S.-listed equity holdings. The filing matters because it gives a snapshot of what Wells Fargo held at quarter-end, including crypto-linked equities and exchange-traded funds that qualify for 13F reporting. Reports citing that filing said Wells Fargo increased its Strategy stake by 125%, trimmed part of its BlackRock iShares Bitcoin Trust exposure, and increased some Ether ETF positions. (sec.gov) ### Where did this information actually come from? The SEC requires institutional investment managers meeting the threshold under Section 13(f) to file Form 13F, and the commission describes the filing as a report of holdings as of the last day of the calendar quarter. The SEC also says the official 13F securities list is updated quarterly for managers preparing those reports. (sec.gov) Wells Fargo’s own filing says it was a “13F Holdings Report” for the quarter ended March 31, 2026, filed by WELLS FARGO & COMPANY/MN from San Francisco and signed in New York on May 11, 2026 by Patricia Arce, listed as designated signer. ### What was the biggest disclosed change? Cointelegraph reported that Wells Fargo raised its Strategy position to roughly 726,000 shares in the first quarter from about 322,700 shares in the fourth quarter, a gain of around 403,000 shares, or 125%. (sec.gov) The same report described Strategy as the bank’s more pronounced increase among crypto-linked equity names. (sec.gov) Other outlets carrying the same filing-based figures also reported the 125% increase, though they are secondary summaries rather than the filing itself. Those reports put the added exposure at roughly $41.6 million based on quarter-end values. ### Did Wells Fargo buy more crypto ETFs too? Cointelegraph reported that Wells Fargo increased its Ether ETF exposure in the first quarter, with holdings in BlackRock’s ETHA rising about 63.5% and Bitwise’s ETHW increasing about 37%. (cointelegraph.com) That report said Wells Fargo held about $21.5 million in Ether ETFs at quarter-end, with ETHA as the largest Ether-linked position. (altcoinvest.com) Coingape reported on July 9 that Wells Fargo still disclosed 6.5 million shares in BlackRock’s IBIT, while reducing that position by 75,102 shares from the prior quarter. The same report said Wells Fargo also reduced some other bitcoin ETF positions while increasing others, including Grayscale Bitcoin Mini Trust ETF and Bitwise’s BITB. (cointelegraph.com) ### What about Solana, Robinhood and Bitmine? Crypto.news and Coingape both said Wells Fargo’s filing showed exposure beyond bitcoin and ether products, including Solana-linked funds and equity stakes tied to the broader crypto market. Those reports also said the bank expanded positions in Robinhood and Bitmine. The SEC filing itself is the underlying source, but the web tool did not surface the full information table entries line by line, so the public reporting is the available confirmation here. (coingape.com) What can be verified directly is that Wells Fargo filed a 13F for the March 31 quarter and that such filings are the mechanism through which these holdings are disclosed. ### What should readers keep in mind about a 13F filing? A 13F is backward-looking. The Wells Fargo report covers holdings as of March 31, 2026, even though the filing was signed on May 11 and is being discussed again in July. The SEC also says Form 13F data sets are derived from managers’ submissions and are updated quarterly. (sec.gov) That means the next broad checkpoint for whether Wells Fargo kept, cut or added to these positions will be the second-quarter 2026 13F reporting cycle covering holdings as of June 30, 2026. (sec.gov)