Exxon Mobil and Chevron Top Envestnet Asset Mgmnt’s Largest Basic Materials Stock Investments

Wall St. Watchdog reveals information regarding Envestnet Asset Management’s top holdings in the Basic Materials sector for the quarter ending September 30th, 2011. The firm held 188 stocks in the Basic Materials sector at the end of the quarter with an aggregate market value of $66.255 million.

Exxon Mobil Corp. (NYSE:XOM): On 06/30/2011, Envestnet Asset Management reported holding 73,448 shares with a market value of $5,977,198. This comprised 0.16% of the total portfolio. On 09/30/2011, Envestnet Asset Management reported holding 72,324 shares with a market value of $5,252,892. This comprised 0.14% of the total portfolio. The net change in shares for this position over the two quarters is -1,124. About Company: Exxon Mobil Corporation operates petroleum and petrochemicals businesses on a worldwide basis. The Company’s operations include exploration and production of oil and gas, electric power generation, and coal and minerals operations. Exxon Mobil also manufactures and markets fuels, lubricants, and chemicals.

Chevron Corp. (NYSE:CVX): On 06/30/2011, Envestnet Asset Management reported holding 43,436 shares with a market value of $4,466,958. This comprised 0.12% of the total portfolio. On 09/30/2011, Envestnet Asset Management reported holding 42,470 shares with a market value of $3,932,297. This comprised 0.11% of the total portfolio. The net change in shares for this position over the two quarters is -966. About Company: Chevron Corporation is an integrated energy company with operations in countries located around the world. The Company produces and transports crude oil and natural gas. Chevron also refines, markets, and distributes fuels as well as is involved in chemical operations, mining operations, power generation and energy services.

Atwood Oceanics Inc. (NYSE:ATW): On 06/30/2011, Envestnet Asset Management reported holding 115,529 shares with a market value of $5,098,295. This comprised 0.14% of the total portfolio. On 09/30/2011, Envestnet Asset Management reported holding 106,766 shares with a market value of $3,668,480. This comprised 0.1% of the total portfolio. The net change in shares for this position over the two quarters is -8,763. About Company: Atwood Oceanics, Inc. performs contract drilling of exploratory and development oil and gas wells in offshore areas, and provides related support, management, and consulting services. The Company also provides labor, supervisory, and consulting services to operator-owned platform rigs in Australia.

Newmarket Corp. (NYSE:NEU): On 06/30/2011, Envestnet Asset Management reported holding 25,328 shares with a market value of $4,323,743. This comprised 0.12% of the total portfolio. On 09/30/2011, Envestnet Asset Management reported holding 20,940 shares with a market value of $3,180,158. This comprised 0.09% of the total portfolio. The net change in shares for this position over the two quarters is -4,388. About Company: NewMarket Corporation develops, manufactures, and blends fuel and lubricant additives marketed worldwide to refiners and others who sell petroleum products. The Company’s products are used in transportation and industrial equipment.

Conocophillips (NYSE:COP): On 06/30/2011, Envestnet Asset Management reported holding 20,573 shares with a market value of $1,546,884. This comprised 0.04% of the total portfolio. On 09/30/2011, Envestnet Asset Management reported holding 40,214 shares with a market value of $2,546,350. This comprised 0.07% of the total portfolio. The net change in shares for this position over the two quarters is 19,641. About Company: ConocoPhillips is an international, integrated energy company which operates in several business segments. The Company explores for and produces petroleum, and refines, markets, supplies, and transports petroleum. ConocoPhillips also gathers and processes natural gas, and produces and distributes chemicals and plastics.

Occidental Petroleum Corporation (NYSE:OXY): On 06/30/2011, Envestnet Asset Management reported holding 30,145 shares with a market value of $3,136,286. This comprised 0.08% of the total portfolio. On 09/30/2011, Envestnet Asset Management reported holding 28,441 shares with a market value of $2,033,532. This comprised 0.05% of the total portfolio. The net change in shares for this position over the two quarters is -1,704. About Company: Occidental Petroleum Corporation explores for, develops, produces, and markets crude oil and natural gas. The Company also manufactures and markets a variety of basic chemicals, vinyls and performance chemicals. Occidental also gathers, treats, processes, transports, stores, trades and markets crude oil, natural gas, NGLs, condensate and carbon dioxide (CO2) and generates and markets power.

Schlumberger Limited (NYSE:SLB): On 06/30/2011, Envestnet Asset Management reported holding 19,920 shares with a market value of $1,721,088. This comprised 0.05% of the total portfolio. On 09/30/2011, Envestnet Asset Management reported holding 29,623 shares with a market value of $1,769,382. This comprised 0.05% of the total portfolio. The net change in shares for this position over the two quarters is 9,703. About Company: Schlumberger Limited is an oil services company. The Company, through its subsidiaries, provides a wide range of services, including technology, project management and information solutions to the international petroleum industry as well as advanced acquisition and data processing surveys.

National Oilwell Varco Inc. (NYSE:NOV): On 06/30/2011, Envestnet Asset Management reported holding 38,269 shares with a market value of $2,993,018. This comprised 0.08% of the total portfolio. On 09/30/2011, Envestnet Asset Management reported holding 33,647 shares with a market value of $1,723,399. This comprised 0.05% of the total portfolio. The net change in shares for this position over the two quarters is -4,622. About Company: National Oilwell Varco Inc. designs, manufactures, and sells machinery, equipment, and downhole products used in oil and gas drilling and production. The Company also provides oilfield inspection and other services, and supply chain integration services to the upstream oil and gas industry.

Ei Dupont De Nemours & Co. (NYSE:DD): On 06/30/2011, Envestnet Asset Management reported holding 35,875 shares with a market value of $1,939,044. This comprised 0.05% of the total portfolio. On 09/30/2011, Envestnet Asset Management reported holding 41,658 shares with a market value of $1,665,070. This comprised 0.04% of the total portfolio. The net change in shares for this position over the two quarters is 5,783. About Company: E. I. du Pont de Nemours and Company is a global chemical and life sciences company, with businesses that include agriculture and industrial biotechnology, chemistry, biology, materials science and manufacturing. The Company operates globally and offers a wide range of products and services for markets including agriculture and food, building and construction, electronics and communications.

Apache Corp. (NYSE:APA): On 06/30/2011, Envestnet Asset Management reported holding 22,507 shares with a market value of $2,777,139. This comprised 0.07% of the total portfolio. On 09/30/2011, Envestnet Asset Management reported holding 19,657 shares with a market value of $1,577,278. This comprised 0.04% of the total portfolio. The net change in shares for this position over the two quarters is -2,850. About Company: Apache Corporation is an independent energy company. The Company explores for, develops, and produces natural gas, crude oil, and natural gas liquids. The Company has operations in North America, onshore Egypt, offshore Western Australia, offshore the United Kingdom in the North Sea (North Sea), and onshore Argentina, as well as on the Chilean side of the island of Tierra del Fuego.

(Note: Data regarding Envestnet Asset Management’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

Advantage: Check out our interactive stock charts, fundamentals, Twitter stream, and more >>

Improve Your 2011 Financial Health: Join the winning team of stock pickers with Wall St. Cheat Sheet’s acclaimed premium newsletter>>

To contact the reporter on this story: Dave Friedman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com