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 | |
|---|---|---|---|---|---|---|
2526
Mesa Laboratories
MLAB
$604M
| $2.14M | ﹤0.01% |
19,533
+6,216
| +47% | +$626K |
|
2527
Equitable Holdings
EQH
$14.4B
| $2.14M | ﹤0.01% |
56,358
-106,413
| -65% | -$3.62M |
|
2528
Simplify Managed Futures Strategy ETF
CTA
$1.57B
| $2.14M | ﹤0.01% |
85,749
+4,436
| +5% | +$109K |
|
2529
ProShares High Yield-Interest Rate Hedged ETF
HYHG
$194M
| $2.13M | ﹤0.01% |
33,401
+8,891
| +36% | +$564K |
|
2530
iShares Russell Top 200 ETF
IWL
$2.28B
| $2.13M | ﹤0.01% |
16,795
-1,240
| -7% | -$150K |
|
2531
First Trust Exchange-Traded Fund II First Trust Indxx Global Natural Resources Income ETF
FTRI
$130M
| $2.13M | ﹤0.01% |
160,399
+33,923
| +27% | +$427K |
|
2532
MGIC Investment
MTG
$6.36B
| $2.12M | ﹤0.01% |
94,975
+2,313
| +2% | +$46.1K |
|
2533
Palomar
PLMR
$3.39B
| $2.11M | ﹤0.01% |
25,224
+13,402
| +113% | +$919K |
|
2534
WisdomTree US Multifactor Fund
USMF
$305M
| $2.11M | ﹤0.01% |
45,403
-9,081
| -17% | -$401K |
|
2535
Aptus Large Cap Enhanced Yield ETF
DUBS
$414M
| $2.11M | ﹤0.01% |
+72,088
| New | +$2.02M |
|
2536
Deutsche Bank
DB
$72.4B
| $2.1M | ﹤0.01% |
133,322
-45,581
| -25% | -$623K |
|
|
FFC
2537
Flaherty & Crumrine Preferred and Income Securities Fund
FFC
$781M
| $2.1M | ﹤0.01% |
141,486
+29,794
| +27% | +$429K |
|
2538
iShares MSCI Global Metals & Mining Producers ETF
PICK
$2.27B
| $2.1M | ﹤0.01% |
50,286
+4,652
| +10% | +$188K |
|
2539
Roblox
RBLX
$27.6B
| $2.1M | ﹤0.01% |
54,892
+6,979
| +15% | +$283K |
|
|
PAXS
2540
PIMCO Access Income Fund
PAXS
$671M
| $2.09M | ﹤0.01% |
+133,082
| New | +$2.01M |
|
2541
Robinhood
HOOD
$86.5B
| $2.09M | ﹤0.01% |
103,838
+6,747
| +7% | +$94.6K |
|
|
SVC
2542
Service Properties Trust
SVC
$1.06B
| $2.09M | ﹤0.01% |
61,619
+13,597
| +28% | +$504K |
|
2543
Signet Jewelers
SIG
$3.54B
| $2.09M | ﹤0.01% |
20,862
+10,395
| +99% | +$1.04M |
|
2544
Avantis Emerging Markets Value ETF
AVES
$1.49B
| $2.09M | ﹤0.01% |
44,018
+4,566
| +12% | +$210K |
|
|
EAD
2545
Allspring Income Opportunities Fund
EAD
$376M
| $2.08M | ﹤0.01% |
313,986
+4,845
| +2% | +$32.1K |
|
2546
Marten Transport
MRTN
$1.24B
| $2.08M | ﹤0.01% |
112,747
+17,207
| +18% | +$331K |
|
|
DOO
2547
Bombardier Recreational Products
DOO
$4.72B
| $2.08M | ﹤0.01% |
31,033
+8,670
| +39% | +$572K |
|
2548
Arcos Dorados Holdings
ARCO
$1.66B
| $2.08M | ﹤0.01% |
187,100
-10,008
| -5% | -$119K |
|
2549
Xenon Pharmaceuticals
XENE
$6.03B
| $2.07M | ﹤0.01% |
48,177
+2,948
| +7% | +$136K |
|
2550
Autohome
ATHM
$2.61B
| $2.07M | ﹤0.01% |
79,076
+13,487
| +21% | +$351K |
|
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.