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 Treasury Floating Rate Bond ETF
TFLO
|
+$1.31B |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$891M |
| 3 |
iShares S&P 500 Growth ETF
IVW
|
+$544M |
| 4 |
iShares MSCI EAFE Value ETF
EFV
|
+$472M |
| 5 |
Invesco BuyBack Achievers ETF
PKW
|
+$446M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares US Treasury Bond ETF
GOVT
|
+$1.51B |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$1.27B |
| 3 |
iShares Russell Top 200 Growth ETF
IWY
|
+$1.26B |
| 4 |
Vanguard Short-Term Bond ETF
BSV
|
+$1.23B |
| 5 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$1.16B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 8.15% |
| 2 | Healthcare | 5.29% |
| 3 | Financials | 5.05% |
| 4 | Industrials | 3.86% |
| 5 | Consumer Discretionary | 3.67% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
iShares ESG Aware MSCI EM ETF
ESGE
$6.73B
| $185M | 0.08% |
6,105,574
-1,857,123
| -23% | -$58.8M |
|
227
State Street SPDR Bloomberg Convertible Securities ETF
CWB
$5.61B
| $185M | 0.08% |
2,723,294
-134,336
| -5% | -$9.37M |
|
228
iShares ESG Aware US Aggregate Bond ETF
EAGG
$4.98B
| $184M | 0.08% |
4,062,600
-486,703
| -11% | -$22.6M |
|
229
Xtrackers MSCI EAFE Hedged Equity ETF
DBEF
$9.39B
| $183M | 0.08% |
5,257,414
-2,490,175
| -32% | -$87.5M |
|
230
iShares 0-1 Year Treasury Bond ETF
SHV
$20.6B
| $183M | 0.08% |
1,659,427
-2,085,557
| -56% | -$230M |
|
231
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23.3B
| $183M | 0.08% |
3,671,990
-466,838
| -11% | -$23.4M |
|
232
American Tower
AMT
$80.4B
| $183M | 0.08% |
1,112,595
+339,646
| +44% | +$62M |
|
233
First Trust Smith Opportunistic Fixed Income ETF
FIXD
$3.24B
| $182M | 0.08% |
4,336,249
-108,808
| -2% | -$4.72M |
|
234
JPMorgan Ultra-Short Income ETF
JPST
$40.6B
| $182M | 0.08% |
3,633,537
+363,322
| +11% | +$18.2M |
|
235
TotalEnergies
TTE
$190B
| $182M | 0.08% |
2,765,323
+590,372
| +27% | +$36.5M |
|
236
Caterpillar
CAT
$387B
| $181M | 0.08% |
664,308
+143,077
| +27% | +$38.8M |
|
237
Vanguard Morningstar Mega Cap Value ETF
MGV
$13.6B
| $181M | 0.08% |
1,786,955
-19,639
| -1% | -$2.06M |
|
238
CVS Health
CVS
$122B
| $181M | 0.08% |
2,592,508
+347,939
| +16% | +$24.7M |
|
239
Autodesk
ADSK
$52.6B
| $180M | 0.08% |
868,168
+266,753
| +44% | +$56.1M |
|
240
iShares 0-5 Year High Yield Corporate Bond ETF
SHYG
$7.6B
| $179M | 0.08% |
4,367,737
+249,468
| +6% | +$10.3M |
|
241
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
$36.5B
| $179M | 0.08% |
4,341,154
-598,540
| -12% | -$25.9M |
|
|
PXD
242
DELISTED
Pioneer Natural Resource Co.
PXD
| $179M | 0.08% |
778,839
+184,186
| +31% | +$41.9M |
|
243
iShares MSCI KLD 400 Social ETF
DSI
$5.54B
| $176M | 0.08% |
2,164,504
-849,762
| -28% | -$72.1M |
|
244
AstraZeneca
AZN
$250B
| $176M | 0.08% |
1,296,605
+410,826
| +46% | +$56.1M |
|
245
Eaton
ETN
$174B
| $173M | 0.08% |
813,433
+91,264
| +13% | +$19.7M |
|
246
iShares S&P Mid-Cap 400 Value ETF
IJJ
$9.03B
| $173M | 0.08% |
1,712,233
-164,281
| -9% | -$17.6M |
|
247
Copart
CPRT
$27.5B
| $172M | 0.08% |
3,984,637
+562,703
| +16% | +$25M |
|
248
IBM
IBM
$224B
| $171M | 0.08% |
1,219,378
+164,847
| +16% | +$23.5M |
|
249
Crown Castle
CCI
$32.2B
| $166M | 0.08% |
1,802,786
+223,861
| +14% | +$23.2M |
|
250
Williams Companies
WMB
$86.1B
| $165M | 0.08% |
4,900,745
+1,740,677
| +55% | +$59.4M |
|
Similar funds
Envestnet Asset Management's Q3 2023 Portfolio in Review
As of Q3 2023, Envestnet Asset Management held 4,231 positions worth $219B, down 3.1% from $226B the previous quarter. Its ten largest holdings account for 21% of the portfolio.
Envestnet Asset Management's Q3 2023 filing shows 290 new, 2,438 increased, 1,245 reduced and 229 closed positions. Its largest new stake was Dimensional California Municipal Bond ETF: 2,848,993 shares worth $139M. The largest sale was iShares US Treasury Bond ETF, an estimated $1.51B.
By sector, the portfolio is most concentrated in Technology at 8.1% of assets, up from 6.9% a quarter earlier, followed by Healthcare and Financials.
- Envestnet Asset Management's largest Q3 2023 buy was Dimensional California Municipal Bond ETF: 2,848,993 shares worth $139M.
- Envestnet Asset Management added most to iShares Treasury Floating Rate Bond ETF in Q3 2023, an estimated $1.31B increase.
- Envestnet Asset Management's biggest Q3 2023 reduction was iShares US Treasury Bond ETF, cutting an estimated $1.51B.
- Envestnet Asset Management fully exited JPMorgan US Value Factor ETF in Q3 2023, selling an estimated $91.4M.
- Envestnet Asset Management's ten largest holdings make up 21% of its $219B portfolio in Q3 2023.
- Envestnet Asset Management opened 290 new positions and closed 229 in Q3 2023.
- Envestnet Asset Management's portfolio value fell 3.1% quarter-over-quarter to $219B.
Based on Envestnet Asset Management's 13F filing for Q3 2023, filed 13 Nov 2023.