Envestnet Asset Management Portfolio holdings
Envestnet Asset Management, a subsidiary of Envestnet, Inc., founded in 1999 by Jud Bergman and Bill Crager, is a Chicago-based financial technology firm that provides wealth management solutions and software to financial advisors and institutions, managing over $426 billion in discretionary assets as of late 2024. Headquartered at 35 East Wacker Drive, it serves a vast network, including over 111,000 advisors and major U.S. banks, with a platform overseeing more than $6.5 trillion in assets, offering tools like portfolio management, trading, and reporting through an integrated ecosystem. Known for its innovative AdvisorSuite software and Portfolio Management Consultants (PMC) division, Envestnet supports advisors with sub-advisory services, research, and data analytics, bolstered by its 2015 acquisition of Yodlee for enhanced data aggregation. Recently acquired by a Bain Capital-led consortium for $4.5 billion in November 2024, Envestnet continues to evolve as a private entity, focusing on scalable, tech-driven wealth management solutions.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Schwab International Equity ETF
SCHF
|
+$1.64B |
| 2 |
SCHV
Schwab US Large-Cap Value ETF
SCHV
|
+$1.11B |
| 3 |
Schwab US Large-Cap Growth ETF
SCHG
|
+$889M |
| 4 |
iShares Core S&P 500 ETF
IVV
|
+$623M |
| 5 |
State Street SPDR S&P 400 Mid Cap Growth ETF
MDYG
|
+$555M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
|
+$409M |
| 2 |
iShares 7-10 Year Treasury Bond ETF
IEF
|
+$276M |
| 3 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$209M |
| 4 |
iShares TIPS Bond ETF
TIP
|
+$169M |
| 5 |
State Street SPDR Portfolio Intermediate Term Treasury ETF
SPTI
|
+$157M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 77.71% |
| 2 | Technology | 4.12% |
| 3 | Financials | 3.49% |
| 4 | Healthcare | 3.08% |
| 5 | Industrials | 2.36% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Costco
COST
$408B
| $59.6M | 0.07% |
206,728
+8,578
| +4% | +$2.41M |
|
227
O'Reilly Automotive
ORLY
$70.6B
| $59.4M | 0.06% |
2,234,430
+392,430
| +21% | +$10.1M |
|
228
CDW
CDW
$19.2B
| $59.1M | 0.06% |
479,677
-7,790
| -2% | -$893K |
|
229
Salesforce
CRM
$214B
| $58.1M | 0.06% |
391,411
+23,931
| +7% | +$3.64M |
|
230
HDFC Bank
HDB
$118B
| $58.1M | 0.06% |
2,036,034
+102,570
| +5% | +$2.92M |
|
231
Kimberly-Clark
KMB
$33B
| $58.1M | 0.06% |
408,797
-187,969
| -31% | -$25.8M |
|
232
Schwab US Large- Cap ETF
SCHX
$73.6B
| $58M | 0.06% |
4,910,502
+107,274
| +2% | +$1.26M |
|
233
State Street SPDR Portfolio Developed World ex-US ETF
SPDW
$41.6B
| $58M | 0.06% |
1,975,125
+419,734
| +27% | +$12.2M |
|
234
iShares MSCI Intl Quality Factor ETF
IQLT
$13.8B
| $57.5M | 0.06% |
1,938,688
+221,482
| +13% | +$6.55M |
|
235
JPMorgan Ultra-Short Income ETF
JPST
$41.5B
| $57.4M | 0.06% |
1,137,471
-215,110
| -16% | -$10.9M |
|
236
McDonald's
MCD
$182B
| $57.1M | 0.06% |
266,055
+46,816
| +21% | +$10M |
|
237
CVS Health
CVS
$122B
| $56.8M | 0.06% |
900,998
+28,192
| +3% | +$1.67M |
|
238
Mondelez International
MDLZ
$79.7B
| $56.7M | 0.06% |
1,024,117
+290,481
| +40% | +$15.9M |
|
239
3M
MMM
$83.6B
| $56.6M | 0.06% |
411,849
+33,468
| +9% | +$4.68M |
|
240
Qualcomm
QCOM
$192B
| $56M | 0.06% |
734,306
+5,240
| +0.7% | +$394K |
|
241
Steris
STE
$20.5B
| $55.9M | 0.06% |
387,089
+3,938
| +1% | +$588K |
|
242
Dominion Energy
D
$56.7B
| $55.6M | 0.06% |
686,564
-4,920
| -0.7% | -$381K |
|
243
iShares Short-Term National Muni Bond ETF
SUB
$11.6B
| $55.4M | 0.06% |
519,853
+94,907
| +22% | +$10.1M |
|
244
Broadcom
AVGO
$1.65T
| $55.1M | 0.06% |
1,994,090
+15,340
| +0.8% | +$436K |
|
245
IBM
IBM
$235B
| $54.9M | 0.06% |
395,008
+28,412
| +8% | +$3.83M |
|
246
SPDR Gold Trust
GLD
$145B
| $54.7M | 0.06% |
393,975
+58,669
| +17% | +$8.16M |
|
247
Novartis
NVS
$264B
| $54.5M | 0.06% |
627,711
+85,936
| +16% | +$7.72M |
|
248
TotalEnergies
TTE
$201B
| $53.6M | 0.06% |
1,029,904
+8,547
| +0.8% | +$443K |
|
249
iShares MSCI Intl Value Factor ETF
IVLU
$4.67B
| $53.5M | 0.06% |
2,346,071
+467,380
| +25% | +$10.5M |
|
250
Southern Company
SO
$100B
| $53.1M | 0.06% |
859,988
-66,594
| -7% | -$3.86M |
|
Similar funds
Envestnet Asset Management's Q3 2019 Portfolio in Review
As of Q3 2019, Envestnet Asset Management held 3,237 positions worth $91.5B, up 15% from $79.4B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Envestnet Asset Management deployed $11.4B of net new capital in Q3 2019, opening 214 new positions and adding to 1,739 existing holdings. Its largest new stake was Schwab 1000 Index ETF: 4,460,750 shares worth $65M.
By sector, the portfolio is most concentrated in Miscellaneous at 78% of assets, up from 76% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was State Street SPDR Portfolio S&P 500 Growth ETF, an estimated $409M trimmed.
- Envestnet Asset Management's largest Q3 2019 buy was Schwab 1000 Index ETF: 4,460,750 shares worth $65M.
- Envestnet Asset Management added most to Schwab International Equity ETF in Q3 2019, an estimated $1.64B increase.
- Envestnet Asset Management's biggest Q3 2019 reduction was State Street SPDR Portfolio S&P 500 Growth ETF, cutting an estimated $409M.
- Envestnet Asset Management fully exited L3 Technologies, Inc. in Q3 2019, selling an estimated $21.4M.
- Envestnet Asset Management's ten largest holdings make up 24% of its $91.5B portfolio in Q3 2019.
- Envestnet Asset Management opened 214 new positions and closed 165 in Q3 2019.
- Envestnet Asset Management's portfolio value rose 15% quarter-over-quarter to $91.5B.
Based on Envestnet Asset Management's 13F filing for Q3 2019, filed 17 Oct 2019.