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 |
BlackRock US Equity Factor Rotation ETF
DYNF
|
+$2.39B |
| 2 |
iShares Core Universal USD Bond ETF
IUSB
|
+$1.55B |
| 3 |
iShares S&P 500 Value ETF
IVE
|
+$1.36B |
| 4 |
iShares S&P 500 Growth ETF
IVW
|
+$948M |
| 5 |
iShares Currency Hedged MSCI EAFE ETF
HEFA
|
+$706M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$2.01B |
| 2 |
iShares Treasury Floating Rate Bond ETF
TFLO
|
+$1.3B |
| 3 |
iShares ESG Aware MSCI USA ETF
ESGU
|
+$883M |
| 4 |
iShares S&P 100 ETF
OEF
|
+$788M |
| 5 |
iShares MSCI USA Min Vol Factor ETF
USMV
|
+$734M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 9.07% |
| 2 | Financials | 5.49% |
| 3 | Healthcare | 5.18% |
| 4 | Industrials | 4.16% |
| 5 | Consumer Discretionary | 3.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
Applied Materials
AMAT
$428B
| $233M | 0.09% |
1,131,823
+38,747
| +4% | +$7.11M |
|
227
MetLife
MET
$62.1B
| $232M | 0.09% |
3,124,148
+385,554
| +14% | +$26.9M |
|
228
American Tower
AMT
$80.4B
| $231M | 0.09% |
1,167,449
+3,060
| +0.3% | +$610K |
|
229
Vanguard Morningstar Mid-Cap Value ETF
VOE
$24.2B
| $230M | 0.09% |
1,475,066
-37,474
| -2% | -$5.5M |
|
230
State Street Energy Select Sector SPDR ETF
XLE
$37.6B
| $230M | 0.09% |
4,864,826
-128,904
| -3% | -$5.54M |
|
231
Morgan Stanley
MS
$340B
| $227M | 0.08% |
2,412,962
+489,635
| +25% | +$43.1M |
|
232
Capital Group Dividend Value ETF
CGDV
$38.9B
| $226M | 0.08% |
6,964,633
+633,121
| +10% | +$19.5M |
|
233
SPDR Gold Trust
GLD
$142B
| $226M | 0.08% |
1,100,250
-35,342
| -3% | -$6.78M |
|
234
iShares Core S&P US Growth ETF
IUSG
$33.9B
| $226M | 0.08% |
1,929,119
+622,742
| +48% | +$69.3M |
|
235
Wells Fargo
WFC
$264B
| $226M | 0.08% |
3,891,709
+70,051
| +2% | +$3.66M |
|
236
KLA
KLAC
$259B
| $223M | 0.08% |
3,190,300
+38,600
| +1% | +$2.48M |
|
237
AT&T
T
$163B
| $223M | 0.08% |
12,662,366
+2,000,705
| +19% | +$34.2M |
|
238
Caterpillar
CAT
$387B
| $219M | 0.08% |
597,303
-82,771
| -12% | -$26.5M |
|
239
State Street SPDR Portfolio Developed World ex-US ETF
SPDW
$41.7B
| $218M | 0.08% |
6,088,186
-30,920
| -0.5% | -$1.06M |
|
240
Williams Companies
WMB
$86.1B
| $218M | 0.08% |
5,583,067
+175,724
| +3% | +$6.24M |
|
241
Arch Capital
ACGL
$33.6B
| $217M | 0.08% |
2,348,217
+59,968
| +3% | +$5.07M |
|
242
Snap-on
SNA
$21.5B
| $216M | 0.08% |
729,955
-25,490
| -3% | -$7.24M |
|
243
Stryker
SYK
$130B
| $215M | 0.08% |
601,537
+11,173
| +2% | +$3.76M |
|
244
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23.3B
| $215M | 0.08% |
4,197,690
-51,641
| -1% | -$2.64M |
|
245
Booking.com
BKNG
$161B
| $214M | 0.08% |
1,471,850
+145,575
| +11% | +$20.7M |
|
246
Unilever
UL
$136B
| $212M | 0.08% |
3,750,380
+119,886
| +3% | +$6.64M |
|
247
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
$36.5B
| $210M | 0.08% |
4,195,089
-8,922,413
| -68% | -$425M |
|
248
Mondelez International
MDLZ
$79.9B
| $209M | 0.08% |
2,989,426
-346,655
| -10% | -$25.3M |
|
249
Vanguard Morningstar Mid-Cap Growth ETF
VOT
$19.8B
| $209M | 0.08% |
884,535
+13,505
| +2% | +$3.03M |
|
250
Ferguson
FERG
$49.8B
| $207M | 0.08% |
949,345
-26,579
| -3% | -$5.3M |
|
Similar funds
Envestnet Asset Management's Q1 2024 Portfolio in Review
As of Q1 2024, Envestnet Asset Management held 4,339 positions worth $268B, up 11% from $242B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Envestnet Asset Management deployed $9.25B of net new capital in Q1 2024, opening 297 new positions and adding to 2,310 existing holdings. Its largest new stake was BlackRock US Equity Factor Rotation ETF: 57,065,385 shares worth $2.53B.
By sector, the portfolio is most concentrated in Technology at 9.1% of assets, up from 8.7% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was iShares Core S&P 500 ETF, an estimated $2.01B trimmed.
- Envestnet Asset Management's largest Q1 2024 buy was BlackRock US Equity Factor Rotation ETF: 57,065,385 shares worth $2.53B.
- Envestnet Asset Management added most to iShares Core Universal USD Bond ETF in Q1 2024, an estimated $1.55B increase.
- Envestnet Asset Management's biggest Q1 2024 reduction was iShares Core S&P 500 ETF, cutting an estimated $2.01B.
- Envestnet Asset Management fully exited Splunk Inc in Q1 2024, selling an estimated $21.8M.
- Envestnet Asset Management's ten largest holdings make up 20% of its $268B portfolio in Q1 2024.
- Envestnet Asset Management opened 297 new positions and closed 169 in Q1 2024.
- Envestnet Asset Management's portfolio value rose 11% quarter-over-quarter to $268B.
Based on Envestnet Asset Management's 13F filing for Q1 2024, filed 13 May 2024.