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 | |
|---|---|---|---|---|---|---|
2676
Innovator US Equity Ultra Buffer ETF May
UMAY
$141M
| $1.11M | ﹤0.01% |
39,761
-33,711
| -46% | -$915K |
|
|
JRO
2677
DELISTED
Nuveen Floating Rate Income Opportunty Fund
JRO
| $1.11M | ﹤0.01% |
141,948
+2,738
| +2% | +$21.3K |
|
2678
Revolve Group
RVLV
$1.72B
| $1.11M | ﹤0.01% |
67,440
+595
| +0.9% | +$11.1K |
|
2679
Global X Cloud Computing ETF
CLOU
$281M
| $1.11M | ﹤0.01% |
55,734
-861
| -2% | -$15.5K |
|
|
VRNT
2680
DELISTED
Verint Systems
VRNT
| $1.11M | ﹤0.01% |
31,523
-429
| -1% | -$15.5K |
|
2681
Bumble
BMBL
$359M
| $1.1M | ﹤0.01% |
65,828
+15,387
| +31% | +$266K |
|
2682
Immunocore
IMCR
$1.74B
| $1.1M | ﹤0.01% |
18,393
+13,371
| +266% | +$763K |
|
2683
Invesco S&P Global Water Index ETF
CGW
$1.06B
| $1.1M | ﹤0.01% |
21,409
-3,432
| -14% | -$172K |
|
|
VSTO
2684
DELISTED
Vista Outdoor Inc.
VSTO
| $1.1M | ﹤0.01% |
39,772
+14,370
| +57% | +$389K |
|
2685
Hancock Whitney
HWC
$6.37B
| $1.1M | ﹤0.01% |
28,572
+663
| +2% | +$24.6K |
|
2686
VanEck Emerging Markets High Yield Bond ETF
HYEM
$527M
| $1.09M | ﹤0.01% |
59,815
+1,279
| +2% | +$23.1K |
|
2687
Reaves Utility Income Fund
UTG
$3.69B
| $1.09M | ﹤0.01% |
39,856
+29,739
| +294% | +$833K |
|
|
EFOR
2688
Everforth Inc
EFOR
$1.37B
| $1.09M | ﹤0.01% |
14,431
-4,872
| -25% | -$350K |
|
2689
U-Haul Holding Co
UHAL
$14.4B
| $1.09M | ﹤0.01% |
19,717
+12,070
| +158% | +$708K |
|
2690
Macy's
M
$6.27B
| $1.09M | ﹤0.01% |
67,665
-236,664
| -78% | -$3.78M |
|
|
OPP
2691
RiverNorth/DoubleLine Strategic Opportunity Fund
OPP
$192M
| $1.09M | ﹤0.01% |
128,651
+3,375
| +3% | +$27.8K |
|
2692
Vanguard Ultra-Short Bond ETF
VUSB
$9.34B
| $1.08M | ﹤0.01% |
22,070
+6,992
| +46% | +$344K |
|
|
PPLT
2693
abrdn Physical Platinum Shares ETF
PPLT
$2B
| $1.08M | ﹤0.01% |
129,660
+870
| +0.7% | +$8.26K |
|
|
ETW
2694
Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund
ETW
$1.07B
| $1.08M | ﹤0.01% |
131,916
-6,082
| -4% | -$49.4K |
|
2695
Pediatrix Medical
MD
$2.14B
| $1.08M | ﹤0.01% |
76,280
+1,658
| +2% | +$23.3K |
|
2696
SP Funds S&P 500 Sharia ETF
SPUS
$3.09B
| $1.08M | ﹤0.01% |
33,563
+8,247
| +33% | +$248K |
|
|
ERF
2697
DELISTED
Enerplus Corporation
ERF
| $1.08M | ﹤0.01% |
74,729
-4,691
| -6% | -$68.4K |
|
2698
Trustmark
TRMK
$2.8B
| $1.08M | ﹤0.01% |
51,146
+10,649
| +26% | +$240K |
|
2699
Frontdoor
FTDR
$5.83B
| $1.08M | ﹤0.01% |
33,836
+3,129
| +10% | +$93.2K |
|
|
BGH
2700
Barings Global Short Duration High Yield Fund
BGH
$287M
| $1.08M | ﹤0.01% |
82,604
-29,102
| -26% | -$380K |
|
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.