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 |
iShares ESG Aware MSCI USA ETF
ESGU
|
+$1.07B |
| 2 |
iShares MBS ETF
MBB
|
+$778M |
| 3 |
iShares ESG Aware MSCI EM ETF
ESGE
|
+$478M |
| 4 |
iShares Core US Aggregate Bond ETF
AGG
|
+$291M |
| 5 |
State Street SPDR S&P 400 Mid Cap Growth ETF
MDYG
|
+$277M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
|
+$430M |
| 2 |
iShares US Financial Services ETF
IYG
|
+$366M |
| 3 |
iShares Short Maturity Bond ETF
NEAR
|
+$354M |
| 4 |
iShares MSCI USA Momentum Factor ETF
MTUM
|
+$236M |
| 5 |
iShares Core MSCI EAFE ETF
IEFA
|
+$122M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 74.85% |
| 2 | Technology | 6.04% |
| 3 | Healthcare | 3.92% |
| 4 | Financials | 3.44% |
| 5 | Consumer Discretionary | 2.72% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
iShares 3-7 Year Treasury Bond ETF
IEI
$17.3B
| $87.7M | 0.07% |
659,369
-94,629
| -13% | -$12.6M |
|
227
Alibaba
BABA
$272B
| $87.5M | 0.07% |
375,868
-34,939
| -9% | -$9.7M |
|
228
First Trust Capital Strength ETF
FTCS
$7.71B
| $86.7M | 0.07% |
1,283,907
+100,738
| +9% | +$6.59M |
|
229
CVS Health
CVS
$121B
| $86M | 0.06% |
1,258,454
+134,418
| +12% | +$8.74M |
|
230
ExxonMobil
XOM
$696B
| $85.1M | 0.06% |
2,065,263
-261,746
| -11% | -$9.81M |
|
|
VPU
231
Vanguard Utilities ETF
VPU
$7.99B
| $85M | 0.06% |
619,377
+97,062
| +19% | +$13.4M |
|
232
McDonald's
MCD
$179B
| $84.3M | 0.06% |
392,762
+26,131
| +7% | +$5.68M |
|
233
Stryker
SYK
$108B
| $84.2M | 0.06% |
343,478
+23,931
| +7% | +$5.42M |
|
234
Vanguard Health Care ETF
VHT
$19B
| $83.7M | 0.06% |
374,013
+24,671
| +7% | +$5.27M |
|
235
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$45.4B
| $83.6M | 0.06% |
273,502
+47,805
| +21% | +$13.9M |
|
236
Bristol-Myers Squibb
BMY
$130B
| $83.4M | 0.06% |
1,345,023
+16,438
| +1% | +$1.01M |
|
237
Vanguard Intermediate-Term Treasury ETF
VGIT
$39.2B
| $83.1M | 0.06% |
1,196,719
+37,747
| +3% | +$2.64M |
|
|
NVO
238
Novo Nordisk
NVO
$188B
| $81.9M | 0.06% |
2,344,380
+30,556
| +1% | +$1.06M |
|
239
Novartis
NVS
$263B
| $81.4M | 0.06% |
861,988
+23,536
| +3% | +$2.06M |
|
240
Schwab US TIPS ETF
SCHP
$16B
| $81.1M | 0.06% |
2,613,002
+481,562
| +23% | +$14.8M |
|
241
Arthur J. Gallagher & Co
AJG
$63.6B
| $80.4M | 0.06% |
649,726
+30,779
| +5% | +$3.51M |
|
242
Caterpillar
CAT
$360B
| $80.3M | 0.06% |
441,412
+33,275
| +8% | +$5.64M |
|
243
Steris
STE
$20.5B
| $79.5M | 0.06% |
419,634
-3,710
| -0.9% | -$692K |
|
244
Vanguard Long-Term Treasury ETF
VGLT
$10.3B
| $79.4M | 0.06% |
827,958
-40,805
| -5% | -$3.95M |
|
245
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$21.1B
| $78.9M | 0.06% |
981,368
+17,664
| +2% | +$1.36M |
|
246
Intuitive Surgical
ISRG
$133B
| $78.7M | 0.06% |
288,447
+33,381
| +13% | +$8.29M |
|
247
Gilead Sciences
GILD
$181B
| $78.6M | 0.06% |
1,349,917
+47,061
| +4% | +$2.84M |
|
248
Tesla
TSLA
$1.41T
| $78.3M | 0.06% |
333,072
+95,100
| +40% | +$16.2M |
|
249
Vanguard Tax-Exempt Bond Index Fund
VTEB
$45.2B
| $78.2M | 0.06% |
1,416,142
+185,105
| +15% | +$10.1M |
|
250
Cognizant
CTSH
$28.5B
| $77.7M | 0.06% |
947,703
+24,565
| +3% | +$1.87M |
|
Similar funds
Envestnet Asset Management's Q4 2020 Portfolio in Review
As of Q4 2020, Envestnet Asset Management held 3,399 positions worth $132B, up 17% from $113B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Envestnet Asset Management deployed $7.35B of net new capital in Q4 2020, opening 304 new positions and adding to 1,756 existing holdings. Its largest new stake was iShares ESG Advanced Universal USD Bond ETF: 1,913,506 shares worth $96.9M.
By sector, the portfolio is most concentrated in Miscellaneous at 75% of assets, down from 75% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was State Street SPDR Portfolio S&P 500 Growth ETF, an estimated $430M trimmed.
- Envestnet Asset Management's largest Q4 2020 buy was iShares ESG Advanced Universal USD Bond ETF: 1,913,506 shares worth $96.9M.
- Envestnet Asset Management added most to iShares ESG Aware MSCI USA ETF in Q4 2020, an estimated $1.07B increase.
- Envestnet Asset Management's biggest Q4 2020 reduction was State Street SPDR Portfolio S&P 500 Growth ETF, cutting an estimated $430M.
- Envestnet Asset Management fully exited Unilever NV New York Registry Shares in Q4 2020, selling an estimated $33.4M.
- Envestnet Asset Management's ten largest holdings make up 25% of its $132B portfolio in Q4 2020.
- Envestnet Asset Management opened 304 new positions and closed 133 in Q4 2020.
- Envestnet Asset Management's portfolio value rose 17% quarter-over-quarter to $132B.
Based on Envestnet Asset Management's 13F filing for Q4 2020, filed 2 Feb 2021.