Windhaven held $14.8 billion, overtaking the top spot from F-squared. Windhaven also boasted the top three largest ETF managed portfolios as of June 30, including the Windhaven Diversified Growth $7.7 billion, Windhaven Diversified Aggressive $4.5 billion and Windhaven Diversified Conservative $2.6 billion.
Additionally, Vanguard’s ETF model portfolios held $1.7 billion in assets at 13th place. [Vanguard Quickly Rising in ETF Managed Portfolio Space]
Among the other large ETF strategists, RiverFront Investments held $5.2 billion in assets, Stadion Money Management held $4.0 billion and Morningstar Inc. held $3.6 billion.
ETF managed portfolios are investment strategies that hold more than 50% of assets invested in ETFs and represented one of the fastest growing segments in the separate accounts space. Specifically, ETF managed portfolios offer three major investment themes: tactical, strategic and hybrid mix. The tactical offerings provide short-term plays to capitalize on investment opportunities that are forming, whereas the strategic play provides long-term allocation across sectors and asset classes. Additionally, the hybrid mix includes a combination of tactical and strategic elements.
For more information on the separate accounts space, visit our ETF managed portfolios category.
Max Chen contributed to this article.