Institutional Manager · CIK 0001632972

WEALTH ENHANCEMENT ADVISORY SERVICES, LLC

PLYMOUTH, MN · File #028-16444

Latest AUM

$73.73B

Positions

3,925

Top-10 Concentration

47.0%

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
EXITED	NVIDIA CORPORATION	NVDA	-7,444,134	-$1.37B	$0
EXITED	JPMORGAN CHASE & CO.	VYLD	-1,640,663	-$504.7M	$0
ADD	SPDR S&P 500 ETF TR	SPY	+692,976	+$479.6M	+$259,511
ADD	PALANTIR TECHNOLOGIES INC	PLTR	+1,762,226	+$317.0M	+$307,405
REDUCE	FISERV INC	FISV	-190,780	-$283.1M	+$259.4M
ADD	TESLA INC	TSLA	+451,068	+$195.0M	+$247,938
ADD	ALPS ETF TR	00162Q346	+6,132,733	+$160.0M	-$4.4M
ADD	ISHARES TR	464287226	+1,507,215	+$150.8M	-$2.0M
REDUCE	ACCENTURE PLC IRELAND	ACN	-501,084	-$139.7M	+$22.8M
REDUCE	SCHWAB STRATEGIC TR	808524797	-3,884,043	-$109.1M	+$9.4M

Sector Allocation

15.0%$11.07B

6.8%$4.99B

3.4%$2.50B

3.0%$2.25B

Consumer Discretionary

3.0%$2.20B

Communication Services

1.3%$959.8M

1.2%$855.5M

1.1%$820.1M

0.7%$496.2M

0.4%$290.2M

0.3%$186.6M

Filing History

Jan 8, 202613F HOLDINGS REPORTQ/E Dec 20253,925 pos · $73.73B
Oct 29, 202513F HOLDINGS REPORTQ/E Sep 20253,831 pos · $66.14B
Jul 10, 202513F HOLDINGS REPORTQ/E Jun 20253,397 pos · $60.45B
Apr 16, 202513F HOLDINGS REPORTQ/E Mar 20252,974 pos · $52.29B
Mar 17, 202513F HOLDINGS REPORT (Amended)Q/E Mar 20252,944 pos · $52.23B
Jan 10, 202513F HOLDINGS REPORTQ/E Dec 20242,814 pos · $49.49B
Oct 24, 202413F HOLDINGS REPORTQ/E Sep 20242,793 pos · $46.52B
Jul 16, 202413F HOLDINGS REPORTQ/E Jun 20242,617 pos · $42.10B
Apr 15, 202413F HOLDINGS REPORTQ/E Mar 20242,481 pos · $38.67B
Nov 13, 202313F HOLDINGS REPORTQ/E Dec 20232,330 pos · $30.41B

Top 20 Holdings — Dec 2025

#	Issuer	Ticker	Shares	Value	% of Portfolio
1	ISHARES TR	464287200	6,536,789	$4.54B	12.77%
2	APPLE INC	AAPL	7,814,046	$2.05B	5.75%
3	ISHARES TR	464287226	19,621,070	$1.96B	5.52%
4	NVIDIA CORPORATION	NVDA	7,757,490	$1.45B	4.08%
5	ALPS ETF TR	00162Q346	55,466,105	$1.45B	4.07%
6	MICROSOFT CORP	MSFT	3,016,190	$1.44B	4.06%
7	VANGUARD INTL EQUITY INDEX F	922042858	18,397,000	$1.02B	2.87%
8	ISHARES TR	46434V449	19,865,565	$983.9M	2.77%
9	AMAZON COM INC	AMZN	3,909,997	$944.7M	2.65%
10	ALPHABET INC	GOOG	2,832,050	$889.2M	2.50%
11	J P MORGAN EXCHANGE TRADED F	46641Q779	12,246,694	$860.4M	2.42%
12	SCHWAB STRATEGIC TR	808524755	18,458,748	$855.8M	2.40%
13	VICTORY PORTFOLIOS II	92647N568	8,775,986	$829.5M	2.33%
14	AMERICAN CENTY ETF TR	025072349	10,377,165	$815.4M	2.29%
15	ISHARES TR	46429B267	29,607,758	$682.5M	1.92%
16	ISHARES TR	46429B697	6,977,742	$659.8M	1.85%
17	INVESCO EXCHANGE TRADED FD T	IVZ	7,915,919	$611.6M	1.72%
18	BROADCOM INC	AVGO	1,756,408	$604.1M	1.70%
19	BROADCOM INC	AVGO	1,754,408	$604.1M	1.70%
20	BROADCOM INC	AVGO	1,754,308	$604.0M	1.70%