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 US Aggregate Bond ETF
AGG
|
+$745M |
| 2 |
iShares Core S&P 500 ETF
IVV
|
+$617M |
| 3 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$607M |
| 4 |
iShares MSCI Intl Quality Factor ETF
IQLT
|
+$487M |
| 5 |
Dimensional US Core Equity 2 ETF
DFAC
|
+$342M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$11.6B |
| 2 |
Vanguard S&P 500 ETF
VOO
|
+$10.2B |
| 3 |
NVR
NVR
|
+$7.98B |
| 4 |
iShares Russell 1000 ETF
IWB
|
+$5.36B |
| 5 |
Vanguard Morningstar Large-Cap ETF
VV
|
+$5.3B |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 6.88% |
| 2 | Healthcare | 4.17% |
| 3 | Financials | 3.83% |
| 4 | Industrials | 2.97% |
| 5 | Consumer Discretionary | 2.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2476
Ionis Pharmaceuticals
IONS
$9.28B
| $1.48M | ﹤0.01% |
36,069
+580
| +2% | +$22.3K |
|
2477
Shift4
FOUR
$3.79B
| $1.48M | ﹤0.01% |
21,756
-124,957
| -85% | -$8.19M |
|
|
NCV
2478
Virtus Convertible & Income Fund
NCV
$390M
| $1.47M | ﹤0.01% |
105,609
-70,129
| -40% | -$936K |
|
2479
Seaboard Corp
SEB
$4.08B
| $1.47M | ﹤0.01% |
412
-11,376
| -97% | -$43.2M |
|
2480
First Trust Indxx NextG ETF
NXTG
$576M
| $1.46M | ﹤0.01% |
20,395
+3,301
| +19% | +$228K |
|
2481
Innovator International Developed Power Buffer ETF October
IOCT
$170M
| $1.46M | ﹤0.01% |
56,086
+7,061
| +14% | +$181K |
|
2482
Toast
TOST
$20.4B
| $1.46M | ﹤0.01% |
64,776
+33,264
| +106% | +$664K |
|
2483
Howard Hughes
HHH
$4.04B
| $1.46M | ﹤0.01% |
19,366
-1,871
| -9% | -$136K |
|
2484
Autohome
ATHM
$2.6B
| $1.46M | ﹤0.01% |
49,951
-293,181
| -85% | -$8.75M |
|
|
WRK
2485
DELISTED
WestRock Company
WRK
| $1.45M | ﹤0.01% |
50,038
-4,672
| -9% | -$136K |
|
2486
iShares MSCI Global Sustainable Development Goals ETF
SDG
$175M
| $1.45M | ﹤0.01% |
18,355
+396
| +2% | +$31.4K |
|
2487
iShares Inflation Hedged Corporate Bond ETF
LQDI
$69.7M
| $1.45M | ﹤0.01% |
56,249
+5,318
| +10% | +$137K |
|
2488
FT Vest Growth-100 Buffer ETF December
QDEC
$704M
| $1.45M | ﹤0.01% |
64,733
-47,287
| -42% | -$1.01M |
|
2489
Hilltop Holdings
HTH
$2.28B
| $1.45M | ﹤0.01% |
46,027
+5,424
| +13% | +$166K |
|
2490
Vanguard US Quality Factor ETF
VFQY
$505M
| $1.44M | ﹤0.01% |
12,660
-101
| -0.8% | -$10.9K |
|
2491
Pampa Energía
PAM
$4.24B
| $1.44M | ﹤0.01% |
33,328
-281,577
| -89% | -$10.4M |
|
2492
Champion Homes
SKY
$5.23B
| $1.44M | ﹤0.01% |
22,056
-218,913
| -91% | -$14.9M |
|
2493
Marten Transport
MRTN
$1.24B
| $1.44M | ﹤0.01% |
67,123
+2,937
| +5% | +$61.7K |
|
2494
Coastal Financial
CCB
$774M
| $1.44M | ﹤0.01% |
38,127
-3,423
| -8% | -$122K |
|
2495
Nuveen Preferred & Income Opportunities Fund
JPC
$2.89B
| $1.43M | ﹤0.01% |
220,962
+9,238
| +4% | +$58.5K |
|
|
EVN
2496
Eaton Vance Municipal Income Trust
EVN
$434M
| $1.43M | ﹤0.01% |
143,803
-8,931
| -6% | -$89.1K |
|
2497
First Trust Mid Cap Growth AlphaDEX Fund
FNY
$606M
| $1.43M | ﹤0.01% |
22,084
+229
| +1% | +$13.8K |
|
2498
Impinj
PI
$5.46B
| $1.43M | ﹤0.01% |
15,927
-4,090
| -20% | -$436K |
|
|
PLYA
2499
DELISTED
Playa Hotels & Resorts
PLYA
| $1.43M | ﹤0.01% |
175,283
+15,346
| +10% | +$139K |
|
2500
Invesco S&P 500 Equal Weight Materials ETF
RSPM
$183M
| $1.43M | ﹤0.01% |
43,950
-825
| -2% | -$26K |
|
Similar funds
Envestnet Asset Management's Q2 2023 Portfolio in Review
As of Q2 2023, Envestnet Asset Management held 4,151 positions worth $226B, up 8.4% from $208B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Envestnet Asset Management withdrew a net $115B in Q2 2023, closing 210 positions and reducing 1,898 holdings. Its most notable exit was ABB Ltd, an estimated $21.7M position sold in full.
By sector, the portfolio is most concentrated in Technology at 6.9% of assets, up from 6.4% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Envestnet Asset Management opened a new position in ActivePassive US Equity ETF worth $169M.
- Envestnet Asset Management's largest Q2 2023 buy was ActivePassive US Equity ETF: 6,261,189 shares worth $169M.
- Envestnet Asset Management added most to iShares Core US Aggregate Bond ETF in Q2 2023, an estimated $745M increase.
- Envestnet Asset Management's biggest Q2 2023 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $11.6B.
- Envestnet Asset Management fully exited ABB Ltd in Q2 2023, selling an estimated $21.7M.
- Envestnet Asset Management's ten largest holdings make up 25% of its $226B portfolio in Q2 2023.
- Envestnet Asset Management opened 186 new positions and closed 210 in Q2 2023.
- Envestnet Asset Management's portfolio value rose 8.4% quarter-over-quarter to $226B.
Based on Envestnet Asset Management's 13F filing for Q2 2023, filed 4 Aug 2023.