Institutional Manager · CIK 0001407543

ENVESTNET ASSET MANAGEMENT INC

Berwyn, PA · File #028-13411

Latest AUM

$337.09B

Positions

4,439

Top-10 Concentration

41.9%

Filings

Portfolio Value Over Time

2024-03

2024-06

2024-09

2024-12

2025-03

2025-06

2025-09

2025-12

Biggest QoQ Changes

Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.

Action	Issuer	Ticker / CUSIP	Δ Shares	Flow ($)	Price Effect
REDUCE	ISHARES TR	46432F339	-9,366,263	-$1.86B	+$107.5M
REDUCE	ISHARES TR	464287200	-2,228,505	-$1.53B	+$446.9M
REDUCE	VANGUARD INDEX FDS	922908363	-2,296,313	-$1.44B	+$129.7M
ADD	ISHARES TR	464287408	+6,272,019	+$1.33B	+$123.0M
ADD	SELECT SECTOR SPDR TR	81369Y803	+6,380,710	+$918.6M	-$728.7M
ADD	VANGUARD WORLD FD	921910873	+3,238,448	+$813.4M	+$12.2M
ADD	ISHARES INC	46434G103	+8,250,010	+$554.6M	+$91.2M
REDUCE	ISHARES TR	464288877	-7,590,805	-$542.1M	+$216.5M
ADD	ISHARES TR	46432F396	+1,689,334	+$422.9M	-$38.0M
REDUCE	VANGUARD TAX-MANAGED FDS	921943858	-6,434,836	-$402.0M	+$211.2M

Sector Allocation

8.6%$29.15B

7.8%$26.30B

3.1%$10.40B

2.8%$9.58B

Consumer Discretionary

2.6%$8.69B

Communication Services

1.1%$3.81B

0.9%$3.18B

0.8%$2.83B

0.7%$2.20B

0.4%$1.39B

0.3%$1.16B

Filing History

Feb 10, 202613F HOLDINGS REPORTQ/E Dec 20254,439 pos · $337.09B
Nov 5, 202513F HOLDINGS REPORTQ/E Sep 20254,505 pos · $347.54B
Aug 1, 202513F HOLDINGS REPORTQ/E Jun 20254,426 pos · $342.70B
Apr 29, 202513F HOLDINGS REPORTQ/E Mar 20254,343 pos · $310.17B
Feb 13, 202513F HOLDINGS REPORTQ/E Dec 20244,296 pos · $311.53B
Nov 7, 202413F HOLDINGS REPORTQ/E Sep 20244,216 pos · $309.82B
Aug 8, 202413F HOLDINGS REPORTQ/E Jun 20244,158 pos · $287.04B
May 13, 202413F HOLDINGS REPORTQ/E Mar 20244,170 pos · $267.85B
Nov 13, 202313F HOLDINGS REPORTQ/E Dec 20234,002 pos · $218.55B

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	ISHARES TR	464287200	26,342,326	$18.04B	11.68%
2	BLACKROCK ETF TRUST	BLK	110,605,611	$6.73B	4.35%
3	ISHARES TR	464287408	28,393,408	$6.02B	3.90%
4	ISHARES TR	46434V613	119,092,213	$5.54B	3.59%
5	ISHARES TR	464287309	43,645,204	$5.38B	3.48%
6	ISHARES INC	46434G103	78,380,258	$5.27B	3.41%
7	MICROSOFT CORP	MSFT	10,429,019	$5.04B	3.26%
8	VANGUARD TAX-MANAGED FDS	921943858	76,401,735	$4.77B	3.09%
9	VANGUARD INDEX FDS	922908363	6,497,051	$4.07B	2.64%
10	VANGUARD INDEX FDS	922908744	20,283,049	$3.87B	2.51%
11	NVIDIA CORPORATION	NVDA	20,740,532	$3.87B	2.50%
12	ISHARES TR	464288877	52,878,367	$3.78B	2.44%
13	VANGUARD INDEX FDS	922908736	7,655,628	$3.73B	2.42%
14	ISHARES TR	464287101	10,595,755	$3.63B	2.35%
15	ISHARES TR	464287226	35,977,259	$3.59B	2.33%
16	ISHARES TR	46432F339	16,736,082	$3.32B	2.15%
17	APPLE INC	AAPL	11,675,095	$3.17B	2.05%
18	ISHARES TR	46432F842	34,884,494	$3.12B	2.02%
19	AMAZON COM INC	AMZN	12,098,043	$2.79B	1.81%
20	ISHARES TR	464287614	5,266,916	$2.49B	1.61%