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 S&P 500 ETF
IVV
|
+$3.32B |
| 2 |
Invesco NASDAQ 100 ETF
QQQM
|
+$1.35B |
| 3 |
iShares S&P 500 Growth ETF
IVW
|
+$1.35B |
| 4 |
iShares MSCI EAFE Growth ETF
EFG
|
+$991M |
| 5 |
iShares Core S&P Small-Cap ETF
IJR
|
+$909M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares MSCI EAFE Value ETF
EFV
|
+$632M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$579M |
| 3 |
iShares Global Energy ETF
IXC
|
+$304M |
| 4 |
iShares Currency Hedged MSCI EAFE ETF
HEFA
|
+$246M |
| 5 |
State Street SPDR S&P 400 Mid Cap Growth ETF
MDYG
|
+$243M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 9.34% |
| 2 | Financials | 5.11% |
| 3 | Healthcare | 4.83% |
| 4 | Industrials | 3.81% |
| 5 | Consumer Discretionary | 3.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2501
iRadimed
IRMD
$1.11B
| $2.32M | ﹤0.01% |
52,886
+206
| +0.4% | +$8.76K |
|
2502
MasTec
MTZ
$23B
| $2.32M | ﹤0.01% |
21,703
+13,656
| +170% | +$1.38M |
|
2503
Crinetics Pharmaceuticals
CRNX
$8.96B
| $2.32M | ﹤0.01% |
51,791
+9,859
| +24% | +$455K |
|
2504
Live Oak Bancshares
LOB
$2.01B
| $2.32M | ﹤0.01% |
66,130
+53,700
| +432% | +$1.9M |
|
2505
FNB Corp
FNB
$6.88B
| $2.32M | ﹤0.01% |
169,450
+566
| +0.3% | +$7.63K |
|
2506
Gabelli Dividend & Income Trust
GDV
$2.7B
| $2.32M | ﹤0.01% |
101,952
+721
| +0.7% | +$16.2K |
|
2507
Marten Transport
MRTN
$1.24B
| $2.31M | ﹤0.01% |
125,443
+12,696
| +11% | +$223K |
|
2508
Avantis Emerging Markets Value ETF
AVES
$1.49B
| $2.31M | ﹤0.01% |
47,466
+3,448
| +8% | +$168K |
|
2509
Howard Hughes
HHH
$4.04B
| $2.31M | ﹤0.01% |
37,435
-1,335
| -3% | -$83.7K |
|
2510
ProShares High Yield-Interest Rate Hedged ETF
HYHG
$194M
| $2.31M | ﹤0.01% |
36,026
+2,625
| +8% | +$168K |
|
2511
Rivian
RIVN
$22.9B
| $2.31M | ﹤0.01% |
172,063
+29,218
| +20% | +$305K |
|
2512
ATI
ATI
$30.9B
| $2.3M | ﹤0.01% |
41,483
+5,398
| +15% | +$302K |
|
2513
Fidelity Nasdaq Composite Index ETF
ONEQ
$10.9B
| $2.3M | ﹤0.01% |
32,860
+3,321
| +11% | +$217K |
|
2514
Goldman Sachs Physical Gold ETF Shares
AAAU
$2.64B
| $2.3M | ﹤0.01% |
99,883
-10,531
| -10% | -$244K |
|
|
AMWD
2515
DELISTED
American Woodmark
AMWD
| $2.29M | ﹤0.01% |
29,171
-6,339
| -18% | -$572K |
|
2516
iShares US Basic Materials ETF
IYM
$1.01B
| $2.29M | ﹤0.01% |
16,366
-3,266
| -17% | -$470K |
|
2517
Dr. Reddy's Laboratories
RDY
$10.3B
| $2.29M | ﹤0.01% |
150,315
-7,045
| -4% | -$101K |
|
2518
Mizuho Financial
MFG
$134B
| $2.28M | ﹤0.01% |
538,398
+32,462
| +6% | +$129K |
|
|
AVNS
2519
DELISTED
Avanos Medical
AVNS
| $2.27M | ﹤0.01% |
114,169
-1,651
| -1% | -$32.2K |
|
2520
First Trust Nasdaq Oil & Gas ETF
FTXN
$164M
| $2.26M | ﹤0.01% |
73,273
-129,805
| -64% | -$4.09M |
|
|
PFN
2521
PIMCO Income Strategy Fund II
PFN
$699M
| $2.26M | ﹤0.01% |
315,258
+46,693
| +17% | +$341K |
|
2522
WisdomTree International SmallCap Dividend Fund
DLS
$1.08B
| $2.26M | ﹤0.01% |
35,578
-42,641
| -55% | -$2.77M |
|
|
ATRI
2523
DELISTED
Atrion Corp
ATRI
| $2.26M | ﹤0.01% |
4,986
+1,063
| +27% | +$464K |
|
2524
SL Green Realty
SLG
$4.08B
| $2.25M | ﹤0.01% |
39,786
+557
| +1% | +$29.3K |
|
|
EAD
2525
Allspring Income Opportunities Fund
EAD
$377M
| $2.24M | ﹤0.01% |
338,533
+24,547
| +8% | +$161K |
|
Similar funds
Envestnet Asset Management's Q2 2024 Portfolio in Review
As of Q2 2024, Envestnet Asset Management held 4,343 positions worth $287B, up 7.2% from $268B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Envestnet Asset Management deployed $16.4B of net new capital in Q2 2024, opening 173 new positions and adding to 2,304 existing holdings. Its largest new stake was BlackRock ETF Trust II iShares AAA CLO Active ETF: 822,748 shares worth $42.7M.
By sector, the portfolio is most concentrated in Technology at 9.3% of assets, up from 9.1% a quarter earlier, followed by Financials and Healthcare.
On the sell side, the largest reduction was iShares MSCI EAFE Value ETF, an estimated $632M trimmed.
- Envestnet Asset Management's largest Q2 2024 buy was BlackRock ETF Trust II iShares AAA CLO Active ETF: 822,748 shares worth $42.7M.
- Envestnet Asset Management added most to iShares Core S&P 500 ETF in Q2 2024, an estimated $3.32B increase.
- Envestnet Asset Management's biggest Q2 2024 reduction was iShares MSCI EAFE Value ETF, cutting an estimated $632M.
- Envestnet Asset Management fully exited Pioneer Natural Resource Co. in Q2 2024, selling an estimated $35.1M.
- Envestnet Asset Management's ten largest holdings make up 22% of its $287B portfolio in Q2 2024.
- Envestnet Asset Management opened 173 new positions and closed 185 in Q2 2024.
- Envestnet Asset Management's portfolio value rose 7.2% quarter-over-quarter to $287B.
Based on Envestnet Asset Management's 13F filing for Q2 2024, filed 8 Aug 2024.