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 | |
|---|---|---|---|---|---|---|
|
GRES
2651
DELISTED
IQ ARB Global Resources
GRES
| $1.14M | ﹤0.01% |
34,703
-11,112
| -24% | -$371K |
|
2652
Latham Group
SWIM
$889M
| $1.14M | ﹤0.01% |
306,227
-3,977
| -1% | -$12.2K |
|
|
KTF
2653
DWS Municipal Income Trust
KTF
$352M
| $1.14M | ﹤0.01% |
131,894
-5,504
| -4% | -$47.6K |
|
2654
Grupo Aeroportuario del Sureste
ASR
$8.01B
| $1.14M | ﹤0.01% |
4,088
-615,217
| -99% | -$178M |
|
|
EVV
2655
Eaton Vance Limited Duration Income Fund
EVV
$1.07B
| $1.13M | ﹤0.01% |
121,249
-5,973
| -5% | -$55.5K |
|
2656
Methode Electronics
MEI
$593M
| $1.13M | ﹤0.01% |
33,856
-226,583
| -87% | -$9.24M |
|
2657
Academy Sports + Outdoors
ASO
$3.03B
| $1.13M | ﹤0.01% |
20,979
-469,115
| -96% | -$26.9M |
|
2658
Pearson
PSO
$9.78B
| $1.13M | ﹤0.01% |
108,096
-599,015
| -85% | -$6.18M |
|
2659
iShares High Yield Systematic Bond ETF
HYDB
$1.61B
| $1.13M | ﹤0.01% |
25,340
+5,925
| +31% | +$263K |
|
2660
VanEck Junior Gold Miners ETF
GDXJ
$8.33B
| $1.13M | ﹤0.01% |
31,741
+8,056
| +34% | +$313K |
|
|
ASPY
2661
DELISTED
ASYMmetric Smart S&P 500 ETF
ASPY
| $1.13M | ﹤0.01% |
42,987
+16,068
| +60% | +$416K |
|
2662
Brink's
BCO
$4.72B
| $1.12M | ﹤0.01% |
16,558
+1,892
| +13% | +$127K |
|
2663
Flowers Foods
FLO
$1.6B
| $1.12M | ﹤0.01% |
45,128
+7,389
| +20% | +$196K |
|
2664
WIX.com
WIX
$3.35B
| $1.12M | ﹤0.01% |
14,349
-2,499
| -15% | -$206K |
|
2665
ProShares Ultra Technology
ROM
$1.33B
| $1.12M | ﹤0.01% |
24,928
-8,908
| -26% | -$334K |
|
|
FFA
2666
First Trust Enhanced Equity Income Fund
FFA
$473M
| $1.12M | ﹤0.01% |
63,991
-523
| -0.8% | -$8.84K |
|
|
NEXN
2667
Nexxen International
NEXN
$598M
| $1.12M | ﹤0.01% |
155,528
+19,684
| +14% | +$121K |
|
2668
DNP Select Income Fund
DNP
$4.11B
| $1.12M | ﹤0.01% |
106,804
+10,445
| +11% | +$109K |
|
2669
First Trust SSI Strategic Convertible Securities ETF
FCVT
$103M
| $1.12M | ﹤0.01% |
34,254
-40,852
| -54% | -$1.3M |
|
2670
Center Bancorp
CNOB
$1.81B
| $1.12M | ﹤0.01% |
67,416
-10,083
| -13% | -$157K |
|
2671
Invesco Dorsey Wright Basic Materials Momentum ETF
PYZ
$77.1M
| $1.12M | ﹤0.01% |
13,031
-2,095
| -14% | -$171K |
|
2672
Vaxcyte
PCVX
$8.76B
| $1.12M | ﹤0.01% |
22,352
+12,469
| +126% | +$591K |
|
2673
BlackRock MuniHoldings Fund
MHD
$610M
| $1.12M | ﹤0.01% |
95,977
+843
| +0.9% | +$9.81K |
|
|
TPZ
2674
Tortoise Electrification Infrastructure ETF
TPZ
$127M
| $1.11M | ﹤0.01% |
84,237
+12,194
| +17% | +$157K |
|
|
PPI
2675
AXS Astoria Inflation Sensitive ETF
PPI
$163M
| $1.11M | ﹤0.01% |
87,292
-7,068
| -7% | -$87.9K |
|
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.