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 | |
|---|---|---|---|---|---|---|
|
STEW
2576
SRH Total Return Fund
STEW
$1.8B
| $1.25M | ﹤0.01% |
94,442
-12,765
| -12% | -$162K |
|
2577
FolioBeyond Alternative Income and Interest Rate Hedge ETF
RISR
$316M
| $1.25M | ﹤0.01% |
38,862
-44,825
| -54% | -$1.44M |
|
|
EFR
2578
Eaton Vance Senior Floating-Rate Fund
EFR
$318M
| $1.25M | ﹤0.01% |
106,371
-1,542
| -1% | -$17.5K |
|
|
HIBB
2579
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $1.25M | ﹤0.01% |
34,392
+2,084
| +6% | +$99.6K |
|
2580
CBIZ
CBZ
$2.96B
| $1.24M | ﹤0.01% |
23,347
+115
| +0.5% | +$5.92K |
|
2581
Aegon
AEG
$13.9B
| $1.24M | ﹤0.01% |
245,232
-158,611
| -39% | -$727K |
|
|
AGD
2582
abrdn Global Dynamic Dividend Fund
AGD
$324M
| $1.24M | ﹤0.01% |
130,313
-8,282
| -6% | -$77.7K |
|
2583
State Street SPDR MSCI ACWI Climate Paris Aligned ETF
NZAC
$200M
| $1.24M | ﹤0.01% |
41,586
+767
| +2% | +$22.1K |
|
2584
Newell Brands
NWL
$2.63B
| $1.24M | ﹤0.01% |
142,231
-164,203
| -54% | -$1.63M |
|
2585
Innospec
IOSP
$2.31B
| $1.24M | ﹤0.01% |
12,309
+3,929
| +47% | +$393K |
|
2586
Innovator US Equity Buffer ETF December
BDEC
$223M
| $1.24M | ﹤0.01% |
34,128
+6,957
| +26% | +$240K |
|
2587
iShares AAA-A Rated Corporate Bond ETF
QLTA
$1.22B
| $1.24M | ﹤0.01% |
26,205
+18,159
| +226% | +$859K |
|
2588
Elbit Systems
ESLT
$36.5B
| $1.24M | ﹤0.01% |
5,912
-197
| -3% | -$38.1K |
|
2589
State Street SPDR S&P Global Dividend ETF
WDIV
$283M
| $1.23M | ﹤0.01% |
21,500
-3,451
| -14% | -$203K |
|
2590
AudioCodes
AUDC
$253M
| $1.23M | ﹤0.01% |
134,888
-1,818
| -1% | -$17.9K |
|
2591
Nuveen Floating Rate Income Fund
JFR
$1.25B
| $1.23M | ﹤0.01% |
155,800
+5,908
| +4% | +$47.5K |
|
2592
Renasant Corp
RNST
$4B
| $1.23M | ﹤0.01% |
46,990
-25,685
| -35% | -$711K |
|
|
CHGX
2593
DELISTED
AXS Change Finance ESG ETF
CHGX
| $1.23M | ﹤0.01% |
39,230
-436
| -1% | -$12.8K |
|
|
LADR
2594
Ladder Capital
LADR
$1.27B
| $1.23M | ﹤0.01% |
113,051
-198,177
| -64% | -$1.92M |
|
2595
Invesco KBW Premium Yield Equity REIT ETF
KBWY
$311M
| $1.22M | ﹤0.01% |
68,181
+9,786
| +17% | +$170K |
|
2596
RXO
RXO
$3.85B
| $1.22M | ﹤0.01% |
53,948
+12,214
| +29% | +$246K |
|
2597
Pitney Bowes
PBI
$2.28B
| $1.22M | ﹤0.01% |
345,186
+123,928
| +56% | +$429K |
|
2598
iShares Morningstar Small-Cap Growth ETF
ISCG
$1.03B
| $1.22M | ﹤0.01% |
29,448
+4,811
| +20% | +$188K |
|
2599
Innovator US Equity Buffer ETF June
BJUN
$323M
| $1.22M | ﹤0.01% |
36,346
+16,395
| +82% | +$530K |
|
2600
Invesco S&P 500 Equal Weight Health Care ETF
RSPH
$796M
| $1.22M | ﹤0.01% |
40,880
-2,730
| -6% | -$80K |
|
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.