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
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$712M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$627M |
| 3 |
WisdomTree Trust WisdomTree US Quality Dividend Growth Fund
DGRW
|
+$337M |
| 4 |
iShares US Treasury Bond ETF
GOVT
|
+$301M |
| 5 |
iShares MSCI USA Momentum Factor ETF
MTUM
|
+$283M |
Top Sells
| 1 |
SPDR S&P 400 Mid Cap Growth ETF
MDYG
|
+$420M |
| 2 |
iShares 7-10 Year Treasury Bond ETF
IEF
|
+$294M |
| 3 |
SPDR Portfolio Intermediate Term Treasury ETF
SPTI
|
+$280M |
| 4 |
Vanguard Growth ETF
VUG
|
+$174M |
| 5 |
SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
|
+$173M |
Sector Composition
| 1 | Technology | 5.78% |
| 2 | Healthcare | 4.09% |
| 3 | Financials | 3.13% |
| 4 | Consumer Discretionary | 2.74% |
| 5 | Industrials | 2.47% |
