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 Core Universal USD Bond ETF
IUSB
|
+$2.06B |
| 2 |
iShares MSCI EAFE Value ETF
EFV
|
+$1.8B |
| 3 |
iShares US Treasury Bond ETF
GOVT
|
+$752M |
| 4 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$514M |
| 5 |
iShares Fallen Angels USD Bond ETF
FALN
|
+$494M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$1.08B |
| 2 |
iShares 0-5 Year High Yield Corporate Bond ETF
SHYG
|
+$700M |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$530M |
| 4 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$388M |
| 5 |
iShares MBS ETF
MBB
|
+$379M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 6.32% |
| 2 | Healthcare | 4.23% |
| 3 | Financials | 4.03% |
| 4 | Consumer Discretionary | 3.02% |
| 5 | Industrials | 2.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Citigroup
C
$226B
| $109M | 0.07% |
1,499,246
+434,569
| +41% | +$29M |
|
227
Sherwin-Williams
SHW
$89.8B
| $109M | 0.07% |
443,187
+22,383
| +5% | +$5.33M |
|
228
PNC Financial Services
PNC
$101B
| $107M | 0.07% |
612,588
+167,905
| +38% | +$27.7M |
|
229
Verisk Analytics
VRSK
$25B
| $107M | 0.07% |
606,542
+105,280
| +21% | +$19.3M |
|
230
Morgan Stanley
MS
$340B
| $107M | 0.07% |
1,378,779
-43,620
| -3% | -$3.34M |
|
231
Schwab US TIPS ETF
SCHP
$16.2B
| $105M | 0.07% |
3,419,404
+806,402
| +31% | +$24.8M |
|
232
Schwab US REIT ETF
SCHH
$11.4B
| $104M | 0.07% |
5,085,518
+358,684
| +8% | +$7.02M |
|
233
HDFC Bank
HDB
$121B
| $104M | 0.07% |
2,687,872
+217,592
| +9% | +$8.53M |
|
234
iShares Core S&P US Growth ETF
IUSG
$33.9B
| $104M | 0.07% |
1,144,988
+28,311
| +3% | +$2.55M |
|
235
First Trust Exchange-Traded Fund IV First Trust Low Duration Opportunities ETF
LMBS
$6.39B
| $104M | 0.07% |
2,027,616
+585,568
| +41% | +$30.1M |
|
236
Vanguard Tax-Exempt Bond Index Fund
VTEB
$46B
| $104M | 0.07% |
1,894,397
+478,255
| +34% | +$26.3M |
|
237
iShares MSCI All Country Asia ex Japan ETF
AAXJ
$3.77B
| $103M | 0.07% |
1,116,592
+711,426
| +176% | +$68.2M |
|
238
Bristol-Myers Squibb
BMY
$132B
| $102M | 0.07% |
1,618,602
+273,579
| +20% | +$17M |
|
239
Vanguard Morningstar Large-Cap ETF
VV
$54.5B
| $102M | 0.07% |
551,226
-65,062
| -11% | -$11.8M |
|
240
McDonald's
MCD
$195B
| $102M | 0.07% |
453,837
+61,075
| +16% | +$13.1M |
|
241
iShares Intermediate Government/Credit Bond ETF
GVI
$3.8B
| $102M | 0.07% |
884,504
+25,655
| +3% | +$2.98M |
|
242
Mercado Libre
MELI
$92.3B
| $102M | 0.07% |
68,951
+1,859
| +3% | +$3.15M |
|
243
NXP Semiconductors
NXPI
$60.4B
| $101M | 0.07% |
503,250
+230,498
| +85% | +$42.1M |
|
244
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
$10.8B
| $101M | 0.07% |
2,589,238
-86,674
| -3% | -$3.6M |
|
245
First Trust Capital Strength ETF
FTCS
$7.95B
| $101M | 0.07% |
1,420,983
+137,076
| +11% | +$9.32M |
|
246
Schwab U.S Small- Cap ETF
SCHA
$23.1B
| $99.8M | 0.06% |
4,004,936
+1,801,512
| +82% | +$44.3M |
|
247
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$48.5B
| $98.6M | 0.06% |
298,689
+25,187
| +9% | +$7.95M |
|
248
Stryker
SYK
$130B
| $97.5M | 0.06% |
400,331
+56,853
| +17% | +$13.6M |
|
249
Fidelity National Information Services
FIS
$22.1B
| $97.5M | 0.06% |
693,293
+158,780
| +30% | +$21.7M |
|
250
Vanguard Russell 2000 ETF
VTWO
$17.4B
| $97.5M | 0.06% |
1,093,598
-83,794
| -7% | -$7.39M |
|
Similar funds
Envestnet Asset Management's Q1 2021 Portfolio in Review
As of Q1 2021, Envestnet Asset Management held 3,632 positions worth $154B, up 16% from $132B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Envestnet Asset Management deployed $16B of net new capital in Q1 2021, opening 365 new positions and adding to 2,197 existing holdings. Its largest new stake was Lumen: 1,779,412 shares worth $23.8M.
By sector, the portfolio is most concentrated in Technology at 6.3% of assets, up from 6% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was iShares iBoxx $ Investment Grade Corporate Bond ETF, an estimated $1.08B trimmed.
- Envestnet Asset Management's largest Q1 2021 buy was Lumen: 1,779,412 shares worth $23.8M.
- Envestnet Asset Management added most to iShares Core Universal USD Bond ETF in Q1 2021, an estimated $2.06B increase.
- Envestnet Asset Management's biggest Q1 2021 reduction was iShares iBoxx $ Investment Grade Corporate Bond ETF, cutting an estimated $1.08B.
- Envestnet Asset Management fully exited JPMorgan BetaBuilders Japan ETF in Q1 2021, selling an estimated $37.1M.
- Envestnet Asset Management's ten largest holdings make up 22% of its $154B portfolio in Q1 2021.
- Envestnet Asset Management opened 365 new positions and closed 139 in Q1 2021.
- Envestnet Asset Management's portfolio value rose 16% quarter-over-quarter to $154B.
Based on Envestnet Asset Management's 13F filing for Q1 2021, filed 4 May 2021.