WEALTH ENHANCEMENT ADVISORY SERVICES, LLC
SEC Form 13F institutional filer · CIK 0001632972
13F-HR · 525 reported holdings · 2026-03-31
Wealth Enhancement Advisory Services, LLC is a registered investment advisor.
Reported long-US-equity value
$26.76B
Top-10 concentration
46.3%
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC — $26.8B AUM allocation strategy
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC files SEC Form 13F and reports $26.8B of long US equity value across 525 reported holdings for 2026-03-31.
Its largest sector bet is Financials 15.2%, followed by Information Technology 4.5% and Communication Services 3.0%.
The top 10 holdings account for 46% of reported value — a broadly spread portfolio. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$26.8B
total across 525 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
46% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$APH +1.3M sh · +$132M+$BAC +975K sh · −$11.4M+$CMCSA +744K sh · +$20M
Biggest trims (shares)
−$SCHW −31.3M sh · −$979M−$IVV −16.1M sh · −$2.55B−$AVGO −6.76M sh · −$2.78B
Added from nil (new positions)
None this quarter
Exited to nil (held last quarter, gone now)
None this quarter
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Investment Banking & Brokerage7.5%—
- Asset Management & Custody Banks4.0%—
- Systems Software3.0%—
- Interactive Media & Services3.0%—
- Broadline Retail2.1%—
- Multi-Sector Holdings1.8%—
- Semiconductor Materials & Equipment1.5%—
- Pharmaceuticals1.3%—
- Other holdings76.0%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
7 of 7 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $SCHW | Charles Schwab Corporation | 59.8M | $2B | -31.3M | 7.5% |
| $IVZ | Invesco Ltd | 16.9M | $857M | -6.63M | 3.2% |
| $MSFT | Microsoft Corporation | 2.36M | $799M | -658K | 3.0% |
| $AMZN | Amazon.com Inc | 2.93M | $562M | -982K | 2.1% |
| $GOOG | Alphabet Inc. Class C Capital Stock | 2.1M | $550M | -730K | 2.1% |
| $BRK.B | Berkshire Hathaway Inc.-Class B | 993K | $466M | -87.7K | 1.7% |
| $JNJ | Johnson & Johnson | 1.56M | $341M | -381K | 1.3% |
…and 518 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
Newsletter signup
Free subscription. Daily trading day morning dispatch. No spam.