WEALTH ENHANCEMENT ADVISORY SERVICES, LLC
Long book
$45.47B
Q1 2026
Positions
3527
Top-10 weight
22%
concentration
Last quarter
+10.6%
SPY +14.8%
Turnover
16%
of book per quarter
Strategy in plain words
auto-generated from filingsWEALTH ENHANCEMENT ADVISORY SERVICES, LLC is a wealth-management firm allocating client money, running a $45.47B US long book across 3527 positions.
The portfolio is broadly diversified across 3527 positions (top 10 only 22%). Turnover is modest: positions are typically held for years. Current anchor positions: ISHARES CORE S&P 500 ETF, ISHARES CORE U.S. AGGREGATE, ALPS SMTH COR BD PLUS ETF, MICROSOFT CORP, SCHWAB FNDMN INTL LRG CO ETF.
Over the last 9 quarters its long book ran on average 0.8pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+2.1%
Q2 2024
+6.3%
Q3 2024
+0.2%
Q4 2024
-1.8%
Q1 2025
+7.8%
Q2 2025
+6.8%
Q3 2025
+2.3%
Q4 2025
-1.2%
Q1 2026
+10.6%
Sector allocation
Technology 23%
Financials 16%
Industrials 15%
Consumer discretionary 12%
Healthcare 10%
Utilities 5%
Energy 4%
Services media 4%
Long book by quarter
What does WEALTH ENHANCEMENT own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| MSFT MICROSOFT CORP | Technology | 2.4M | $799.4M | 1.8% | -21.8% |
| AMZN AMAZON.COM INC | Consumer discretionary | 2.9M | $562.1M | 1.2% | -25.1% |
| GOOGL ALPHABET INC-CL A | Technology | 2.1M | $550.3M | 1.2% | -25.8% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 992.5K | $465.6M | 1.0% | -8.1% |
| JNJ JOHNSON & JOHNSON | Healthcare | 1.6M | $340.6M | 0.7% | -19.7% |
| JPM JPMORGAN CHASE & CO | Financials | 1.3M | $328.8M | 0.7% | -23.1% |
| XOM EXXON MOBIL CORP | Energy | 1.8M | $275.6M | 0.6% | -30.3% |
| WMT WALMART INC | Consumer discretionary | 2.0M | $241.7M | 0.5% | -34.9% |
| GOOG ALPHABET INC-CL C | Technology | 850.8K | $238.1M | 0.5% | -32.1% |
| LRCX LAM RESEARCH CORP | Industrials | 1.1M | $218.6M | 0.5% | -44.0% |
| KLAC KLA CORP | Other | 123.2K | $183.4M | 0.4% | +321.4% |
| CVX CHEVRON CORP | Energy | 1.0M | $177.6M | 0.4% | -24.1% |
| APH AMPHENOL CORP-CL A | Technology | 1.6M | $169.0M | 0.4% | +500.7% |
| META META PLATFORMS INC-CLASS A | Technology | 325.8K | $165.4M | 0.4% | -54.6% |
| BAC BANK OF AMERICA CORP | Financials | 4.0M | $165.0M | 0.4% | +31.8% |
| PG PROCTER & GAMBLE CO/THE | Other | 1.3M | $164.3M | 0.4% | -26.9% |
| V VISA INC-CLASS A SHARES | Services media | 593.1K | $158.8M | 0.3% | -55.3% |
| MRK MERCK & CO. INC. | Healthcare | 1.4M | $157.3M | 0.3% | -20.4% |
| TJX TJX COMPANIES INC | Consumer discretionary | 990.4K | $153.2M | 0.3% | -26.6% |
| CSCO CISCO SYSTEMS INC | Technology | 1.9M | $143.9M | 0.3% | -28.7% |
| PEP PEPSICO INC | Consumer staples | 984.4K | $142.7M | 0.3% | -23.0% |
| HD HOME DEPOT INC | Consumer discretionary | 506.1K | $139.6M | 0.3% | -23.5% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 617.7K | $135.9M | 0.3% | -23.4% |
| LLY ELI LILLY & CO | Healthcare | 161.4K | $135.5M | 0.3% | -24.6% |
| LMT LOCKHEED MARTIN CORP | Industrials | 236.7K | $132.3M | 0.3% | +30.6% |
| CIEN CIENA CORP | Technology | 290.1K | $125.6M | 0.3% | -60.5% |
| TMUS T-MOBILE US INC | Communications | 676.7K | $124.9M | 0.3% | +5.6% |
| GLW CORNING INC | Industrials | 863.6K | $123.9M | 0.3% | -32.9% |
| TSLA TESLA INC | Industrials | 344.5K | $120.9M | 0.3% | -23.7% |
| GEV GE VERNOVA INC | Industrials | 139.4K | $120.7M | 0.3% | -39.0% |
| ABT ABBOTT LABORATORIES | Healthcare | 1.2M | $118.9M | 0.3% | -22.2% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 2.8M | $115.1M | 0.3% | +32.4% |
| T AT&T INC | Communications | 4.0M | $112.2M | 0.2% | +20.0% |
| AMGN AMGEN INC | Healthcare | 388.7K | $110.5M | 0.2% | +2.8% |
| GE GENERAL ELECTRIC | Industrials | 394.5K | $109.1M | 0.2% | -35.8% |
| RTX RTX CORP | Industrials | 704.9K | $105.8M | 0.2% | -5.5% |
| WM WASTE MANAGEMENT INC | Utilities | 487.2K | $101.4M | 0.2% | -38.6% |
| CB CHUBB LTD | Financials | 347.3K | $98.5M | 0.2% | -14.5% |
| ETN EATON CORP PLC | Industrials | 273.4K | $98.2M | 0.2% | -41.1% |
| UI UBIQUITI INC | Technology | 118.0K | $97.7M | 0.2% | -24.3% |
| MCK MCKESSON CORP | Consumer discretionary | 106.6K | $93.6M | 0.2% | -41.4% |
| MS MORGAN STANLEY | Financials | 699.7K | $92.8M | 0.2% | -28.0% |
| ABBV ABBVIE INC | Healthcare | 540.5K | $92.7M | 0.2% | -15.1% |
| WFC WELLS FARGO & CO | Financials | 1.2M | $87.9M | 0.2% | -34.0% |
| ORCL ORACLE CORP | Technology | 797.7K | $87.0M | 0.2% | -13.0% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 8, 2026 | 3722 | $49.10B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 8, 2026 | 3925 | $73.73B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 29, 2025 | 3831 | $66.14B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 10, 2025 | 3397 | $60.45B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 16, 2025 | 2974 | $52.29B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR/ARESTATEMENT | Mar 17, 2025 | 2944 | $52.23B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 10, 2025 | 2814 | $49.49B | SEC ↗ | |
| Q3 2024 | 13F-HR | Oct 24, 2024 | 2793 | $46.52B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 16, 2024 | 2617 | $42.10B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 15, 2024 | 2481 | $38.67B | canonical | SEC ↗ |