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 iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$1.64B |
| 2 |
iShares MSCI EAFE Growth ETF
EFG
|
+$1.1B |
| 3 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$846M |
| 4 |
iShares ESG Aware MSCI USA ETF
ESGU
|
+$748M |
| 5 |
iShares MSCI USA Value Factor ETF
VLUE
|
+$641M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$769M |
| 2 |
iShares MSCI USA Quality Factor ETF
QUAL
|
+$698M |
| 3 |
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
|
+$648M |
| 4 |
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
|
+$571M |
| 5 |
iShares Core MSCI EAFE ETF
IEFA
|
+$519M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 5.77% |
| 2 | Healthcare | 4.07% |
| 3 | Financials | 3.25% |
| 4 | Consumer Discretionary | 2.5% |
| 5 | Industrials | 2.33% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
iShares Russell 3000 ETF
IWV
$20.4B
| $59.4M | 0.06% |
330,032
+26,310
| +9% | +$4.46M |
|
252
Intuit
INTU
$89B
| $59.1M | 0.06% |
199,530
+13,767
| +7% | +$3.78M |
|
253
abrdn Bloomberg All Commodity Strategy K-1 Free ETF
BCI
$3B
| $58.8M | 0.06% |
3,219,878
+12,749
| +0.4% | +$226K |
|
254
iShares Short-Term National Muni Bond ETF
SUB
$11.4B
| $58.5M | 0.06% |
542,455
-89,474
| -14% | -$9.58M |
|
255
Vanguard Tax-Exempt Bond Index Fund
VTEB
$46B
| $58.5M | 0.06% |
1,080,584
+144,281
| +15% | +$7.69M |
|
256
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.34B
| $58.4M | 0.06% |
342,718
+41,817
| +14% | +$6.38M |
|
257
iShares Biotechnology ETF
IBB
$9.71B
| $57.5M | 0.06% |
420,684
+328,599
| +357% | +$41.9M |
|
258
Prologis
PLD
$133B
| $57.3M | 0.06% |
613,907
+86,971
| +17% | +$7.76M |
|
259
VanEck High Yield Muni ETF
HYD
$4.4B
| $57.1M | 0.06% |
962,863
+119,248
| +14% | +$6.72M |
|
260
iShares ESG Aware USD Corporate Bond ETF
SUSC
$1.29B
| $56.8M | 0.06% |
2,058,107
+1,621,095
| +371% | +$43.4M |
|
261
Arthur J. Gallagher & Co
AJG
$63.6B
| $56.8M | 0.06% |
582,408
+16,029
| +3% | +$1.42M |
|
262
iShares Core S&P US Value ETF
IUSV
$27.7B
| $56.6M | 0.06% |
1,083,253
+56,932
| +6% | +$2.91M |
|
263
Linde
LIN
$226B
| $56.1M | 0.05% |
264,521
-46,585
| -15% | -$9M |
|
264
State Street Utilities Select Sector SPDR ETF
XLU
$22.7B
| $55.9M | 0.05% |
1,980,768
-547,864
| -22% | -$15.8M |
|
265
Stryker
SYK
$130B
| $55.5M | 0.05% |
307,911
+136,924
| +80% | +$25.3M |
|
266
CDW
CDW
$17B
| $55.3M | 0.05% |
476,186
+5,802
| +1% | +$629K |
|
267
Altria Group
MO
$114B
| $53.4M | 0.05% |
1,359,990
-42,622
| -3% | -$1.66M |
|
268
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$48.5B
| $52.9M | 0.05% |
205,292
-24,896
| -11% | -$6.12M |
|
269
iShares Russell Top 200 ETF
IWL
$2.28B
| $52.4M | 0.05% |
708,311
+456,085
| +181% | +$31.9M |
|
270
Verisk Analytics
VRSK
$25B
| $52.4M | 0.05% |
307,732
+29,781
| +11% | +$4.71M |
|
271
TJX Companies
TJX
$178B
| $51.3M | 0.05% |
1,015,317
-632,294
| -38% | -$31.8M |
|
|
INFO
272
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $51.3M | 0.05% |
679,320
+23,411
| +4% | +$1.59M |
|
273
Invesco S&P 500 Equal Weight ETF
RSP
$99.1B
| $51.1M | 0.05% |
502,367
-301,183
| -37% | -$29M |
|
274
Eli Lilly
LLY
$1.06T
| $51.1M | 0.05% |
311,207
+4,985
| +2% | +$765K |
|
275
Waste Management
WM
$91B
| $51.1M | 0.05% |
482,092
+110,025
| +30% | +$11.1M |
|
Similar funds
Envestnet Asset Management's Q2 2020 Portfolio in Review
As of Q2 2020, Envestnet Asset Management held 3,235 positions worth $102B, up 21% from $84.4B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Envestnet Asset Management deployed $5.15B of net new capital in Q2 2020, opening 277 new positions and adding to 1,651 existing holdings. Its largest new stake was RTX Corp: 1,636,486 shares worth $101M.
By sector, the portfolio is most concentrated in Technology at 5.8% of assets, up from 4.9% a quarter earlier, followed by Healthcare and Financials.
On the sell side, the largest reduction was iShares Core S&P 500 ETF, an estimated $769M trimmed.
- Envestnet Asset Management's largest Q2 2020 buy was RTX Corp: 1,636,486 shares worth $101M.
- Envestnet Asset Management added most to iShares iBoxx $ Investment Grade Corporate Bond ETF in Q2 2020, an estimated $1.64B increase.
- Envestnet Asset Management's biggest Q2 2020 reduction was iShares Core S&P 500 ETF, cutting an estimated $769M.
- Envestnet Asset Management fully exited State Street SPDR EURO STOXX 50 ETF in Q2 2020, selling an estimated $29.4M.
- Envestnet Asset Management's ten largest holdings make up 25% of its $102B portfolio in Q2 2020.
- Envestnet Asset Management opened 277 new positions and closed 174 in Q2 2020.
- Envestnet Asset Management's portfolio value rose 21% quarter-over-quarter to $102B.
Based on Envestnet Asset Management's 13F filing for Q2 2020, filed 8 Jul 2020.