ENVESTNET ASSET MANAGEMENT INC's $337.09B 2025Q4 Build Opened 33 New Positions

ENVESTNET ASSET MANAGEMENT INC reported $337.09B for 2025Q4, and the cleanest takeaway is that the manager opened 33 new positions in one quarter. The filing is anchored by IVV, DYNF, IVE, with IVV alone accounting for 6.17% of the book.

TL;DR

• Filing size: $337.09B across 500 reported positions.
• Top holding: IVV is the largest line at 6.17% of the filing.
• Top-5 concentration: The top five positions add up to 14.27%.
• Quarter-over-quarter move: Reported 13F value changed -2.4% versus the prior quarter.
• Portfolio turnover: 33 new positions and 33 exits versus the previous quarter.
• Interpretation: The cleanest way to read this filing is the manager opened 33 new positions in one quarter.
• Largest visible increase: NFLX share count rose +698%.
• Largest visible reduction: IWY share count fell -70%.

Filing Snapshot

Why This Filing Stands Out

ENVESTNET ASSET MANAGEMENT INC is not just large. It is readable. The latest filing shows IVV at 6.17%, top-five concentration at 14.27%, and top-ten concentration at 22.15%. That combination tells investors whether they are looking at a diversified allocator, an ETF wrapper, or a book where a handful of ideas drive most of the exposure.

For readers trying to separate noise from signal, the right question is not simply whether the fund is big. The better question is how much of that scale is concentrated in names such as IVV, DYNF, IVE, IUSB, IVW, and whether the quarter-over-quarter move reflects deliberate positioning or just market drift.

Top Holdings Driving The Narrative

The top of the filing is where the character of the portfolio becomes obvious. When a name like IVV sits at 6.17%, it shapes the whole interpretation of the quarter. That is especially true when the next few names absorb most of the remaining risk budget rather than leaving the portfolio evenly spread across hundreds of smaller positions.

What Changed From The Prior Quarter

Compared with the previous filing, ENVESTNET ASSET MANAGEMENT INC recorded 33 new positions and 33 exits. The overall 13F value moved from $299.35B to $292.23B, which translates to -2.4% quarter over quarter.

The biggest visible share-count increase was in NFLX, which rose +698%. The sharpest visible reduction was in IWY, where share count fell -70%. Those moves matter because they tell you whether the quarter was driven by a few aggressive reallocations or by smaller trims inside an otherwise stable core.

How Investors Should Read The Concentration

If you only look at raw AUM, filings like this can appear interchangeable. They are not. A top-five share of 14.27% means portfolio behavior will be driven by a relatively narrow set of exposures compared with a lower-concentration allocator. That distinction matters when investors try to infer conviction, benchmark sensitivity, or how much damage one wrong call can do to the overall book.

In practical terms, this is why investors should read holdings like IVV, DYNF, IVE, IUSB together rather than in isolation. The portfolio-level story is not just which names appear, but how heavily they dominate the filing.

AUM History

The AUM history chart is the best way to see whether the latest quarter is part of a smooth trend or a sharp break in pattern. Here, the latest filing sits at $337.09B after a prior-quarter base of $299.35B. That gives investors a better sense of whether the manager is compounding steadily, resetting quickly, or reacting to one unusual reporting period.

FAQ

What did ENVESTNET ASSET MANAGEMENT INC buy in 2025Q4?

The filing was led by IVV and a top group that together accounted for 14.27% of reported value.

How concentrated is ENVESTNET ASSET MANAGEMENT INC's 13F portfolio?

The largest position was IVV at 6.17%, while the top five positions added up to 14.27%.

Did the portfolio expand or contract quarter over quarter?

The filing moved from $299.35B to $292.23B and recorded 33 new positions against 33 exits.

What should investors focus on first in this filing?

Start with the top holding, the top-five concentration, and the quarter-over-quarter AUM move. Those three numbers usually tell you more than the raw holdings count.